Saudi Aramco Development Company, a subsidiary of Saudi Aramco, and Google Cloud have entered into a cloud technology partnership that will expand the use of the technology in Saudi Arabia, Iksmedia reported.
“Saudi Aramco Development Company announced that it has teamed up with Google Cloud to offer high-performance, low-latency cloud services to customers in Saudi Arabia. The Kingdom [Saudi Arabia] is included in the global network of regions, where Google cloud platforms are used, within the framework of the strategic alliance signed between the company and Google Cloud, ”it was reported.
To do this, Google Cloud will create and manage a new "cloud" region in Saudi Arabia. The solution is expected to enable organizations across the country to grow and scale their offerings and leverage new digital products and services that include artificial intelligence, smart analytics, data management and new security systems.
The collaboration between the companies is due to the rapidly growing demand for cloud services in Saudi Arabia, which is projected to reach $ 10 billion by 2030, the company said.
Earlier it was reported that Saudi Aramco's net profit fell by almost 47%.