Leading Saudi telecom services operator stc has announced the launch of its high-capacity cloud services in capital Riyadh in partnership with the Chinese technology giant, “Alibaba Group”, eWTP Arabia for Technical Innovation, the Saudi Company for Artificial Intelligence (SCAI) and the Saudi Information Technology Company (SITE).

The establishment of Alibaba cloud at a total investment of SR894 million ($238 million) has come in response to the significant increase in demand for cloud computing services and solutions in the region.

The new entity will provide advanced cloud computing services to companies operating in Saudi Arabia, ensuring that they employ the highest standards of security and protection.

It will benefit from the distinguished position of stc Group in the services and technology solutions sector and will employ the best talent and expertise to support the local capabilities of the kingdom and enable it to enhance digital development and build an advanced ecosystem capable of meeting the future needs of the kingdom.

Alibaba, one of the best providers of cloud computing services and solutions in the world, will offer a wide range of cloud computing services and solutions, a step that will enable local companies and institutions to digitize their businesses, employ the technologies of the Fourth Industrial Revolution, raise work standards and enhance businesses.

In line with the kingdom’s efforts to enhance economic diversification and stimulate investment opportunities in the cloud computing sector, the new company will contribute to providing quality jobs, transferring knowledge and expertise to the Kingdom, and ensuring a safe work environment for entrepreneurs in the region.

stc’s investment with Alibaba for cloud computing services, in cloud computing solutions in Riyadh, reflects the company’s future vision and its great role in pushing digital transformation efforts in Saudi Arabia, and its commitment to forging strong partnerships with leading technology companies around the world in line with the Kingdom’s 2030 vision.

The new company will contribute immensely to develop the kingdom’s digital infrastructure and help provide the latest digital data storage services and solutions and ensure its protection and security, it added.

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