Lenovo appoints new data center country manager in Saudi Arabia

Lenovo’s data center portfolio spans servers, storage, converged and hyperconverged, networking, hyperscale, software and services. (File/AFP)
Updated 10 December 2018
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Lenovo appoints new data center country manager in Saudi Arabia

  • “The Middle East is witnessing rapid transformation and The Kingdom of Saudi Arabia is a major market player, leading the charge in the adoption of new-age technologies,” said a Lenovo official
  • He also said Lenovo's data center can be “an integral technology partner for enterprises and governments across the region.”

DUBAI: China-based tech giant Lenovo has appointed a new data center country manager for Saudi Arabia – a move the company has aligned with the kingdom’s Vision 2030. 

Emad Aldaous will be heading the company’s vision to “transform the data center industry regionally.”

“The Middle East is witnessing rapid transformation and The Kingdom of Saudi Arabia is a major market player, leading the charge in the adoption of new-age technologies like IoT, AI and blockchain, underpinned by the Saudi Arabia Vision 2030,” said Richard Wilcox, DCG Regional Director for Lenovo Middle East.

Wilcox also said the DCG can be “an integral technology partner for enterprises and governments across the region.”

Lenovo aims to be a top data center player in the industry, becoming the largest and fastest growing supercomputing company by 2020.

Lenovo’s data center portfolio spans servers, storage, converged and hyperconverged, networking, hyperscale, software and services.

The Vision 2030 provides an ambitious blueprint for the future of the kingdom, covering several aspects of development including technology.


Hyundai invests $300 million to help India’s Ola battle Uber

Ola was launched in 2011 and is engaged in an aggressive battle with Uber in India’s ride-hailing market. (Reuters)
Updated 19 March 2019
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Hyundai invests $300 million to help India’s Ola battle Uber

  • Ola was launched in 2011 and is engaged in an aggressive battle with Uber in India’s ride-hailing market
  • Ola says it handles around a billion rides a year across India’s major centers

MUMBAI: Indian taxi-hailing company Ola has secured a $300-million investment from South Korean car giant Hyundai, the firms said Tuesday, providing a major boost in its fight against US giant Uber.
Ola was launched in 2011 and is engaged in an aggressive battle with Uber in India’s ride-hailing market, which is estimated to be worth around $10 billion and growing fast.
The new money, from Hyundai’s subsidiary Kia Motors, will largely be used to help Ola increase its electric vehicle fleet, the companies said in a joint statement.
“Our partnership with Ola will certainly accelerate our efforts to transform into a smart mobility solutions provider,” Hyundai executive vice chairman Chung Eui-sun said in the statement.
Bangalore-based Ola announced last year that it planned to put a million electric vehicles on India roads by 2021.
Ride-hailing apps are booming in the country despite stiff opposition from traditional taxi firms and some initial concerns about passenger safety.
Ola says it handles around a billion rides a year across India’s major centers, as well as seven cities in Australia.
In 2018, Ola also announced operations in Britain as part of a drive into other markets as competition with Uber intensifies on home turf.