NEOM Tech & Digital Hold Co. announced Oracle as the first tenant of its hyper scale data centre at NEOM.
Oracle Cloud Infrastructure (OCI), part of the US computer technology giant, is to be hosted at the data center to provide a high-performing, resilient foundation for cloud services.
The agreement follows the launch of the Oracle Cloud Saudi Arabia West Region in Jeddah in February 2020 and supports Oracle’s commitment to open two dedicated cloud regions in the Kingdom.
“Saudi Arabia is fast emerging as a global technology hub and NEOM Tech & Digital Hold Co.’s partnerships with Oracle and EzdiTek will enable us to build the foundations required to deliver on our full potential,” minister of communication and NEOM Tech & Digital Hold Co. chairman, Abdullah Alswaha, said.
“Today’s announcement means the realization of technology that will serve the ambitions of the public and private sector across the region and beyond, positioning Saudi Arabia at the forefront of the industry,” he added.
The company also announced a $500 million joint venture with EzdiTek, via its affiliate, FAS Energy Trading Co., to power the creation and operation of the data center.