[ad_1]
G42 Cloud, owned by Abu Dhabi artificial intelligence firm G42, and German software giant SAP have signed an agreement to help companies accelerate digital transformation use Cloud technology.
Under the partnership, SAP services will be used for Public sector companies and regulated businessesas well as plans for customers in the private sector, G42 Cloud said Friday.
Talal Al Kaissi, CEO of G42 Cloud, said the partnership is “transformative” and will play a role in “supporting regional clients in their digital transformation journey”.
“This is a landmark partnership for the regional technology industry that will enable our customers to experience safer and more robust enterprise solutions,” he said.
The UAE has long championed the key role digital transformation plays in its economy and society, as the country positions itself as a global innovation hub.
The adoption of cloud technology is growing due to increased data consumption and an increasingly digitized evolving economic and social environment.
As the cloud is the “foundation pillar” of many verticals, it provides a degree of confidence by providing data residency and sovereignty, Mr Al Kaissi told National exist Gitex Global event in Dubai last month.
According to Grand View Research, the global digital transformation market is expected to grow from about $608 billion in 2021 to about $3.95 trillion by 2030, a compound annual growth rate of over 23%.
global end users Public cloud service spending 2023 alone is expected to approach the $600 billion mark, with inflationary pressures determining how much growth the industry will be able to achieve, according to a Gartner study earlier this month.
The partnership between G42 Cloud and SAP will enable businesses to transform their operations by accelerating time-to-market, or the time between product conception and sale, the statement said.
SAP is also able to leverage G42 Cloud’s secure and scalable infrastructure to provide customers with benefits including data sovereignty and potentially better business outcomes.
In addition to cloud, the initiative will rely on the latest innovations in artificial intelligence, machine learning and blockchain to improve operations, said Sergio Maccotta, senior vice president of SAP Middle East South.
“This joint initiative between SAP and G42 Cloud aims to enable businesses in both the public and private sectors to align with the UAE government’s digital transformation goals,” he said.
The company said last month that G42 Cloud is looking to expand in countries in the Commonwealth of Independent States and Eastern Europe, where organizations are looking to replicate G42’s solution there.
Its parent company, G42, owns geospatial intelligence company Bayanat and data center services provider Khazna.
Updated: 11/11/2022 10:37am
[ad_2]
Source link