Wednesday 22 May 2019
 
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Ahmed Al-Faifi

Majority of Saudi IT firms see cloud cost savings

RIYADH, March 5, 2019

Saudi organizations are increasingly moving to the cloud for cost savings, with nearly two-thirds (62 per cent) of IT decision-makers in the Kingdom saving costs on the cloud, according to new research from YouGov.

By taking a cloud approach to digital transformation, Saudi organizations, from government and public sector to oil and gas, can primarily optimize costs on hardware and software. The cloud can quickly, easily, and affordably scale up as organizations expand, serving as the foundation for business and economic growth.

Among the 306 survey respondents, 30 per cent said the cloud saved at least 25 per cent in costs, and about one in eight respondents (13 per cent) said the cloud saved at least 50 per cent in costs.

“Double-digit cost savings can help Saudi organizations to gain C-suite buy-in for cloud-based digital transformation, especially for SMEs operating on tighter budgets,” Ahmed Al-Faifi, senior vice president and managing director, SAP Middle East North. “Organizations running on the cloud can operate in real-time, easily scale up as they expand, and free up IT staff to focus on business innovation.”

As cyber-threats and cloud regulations increase, 92 per cent of survey respondents agreed that keeping data in the Kingdom, also known as data sovereignty, ranks as important in running on the public cloud.

“Our cloud data center in the Kingdom also provides strict levels of data security and privacy that meet government rules and regulations,’ said Al-Faifi. “Saudi Arabia’s organizations can rest assured that all of their data on our cloud data center is stored, secured, analyzed, and backed up within the Kingdom.”

The survey added that among Saudi IT decision-makers, two-thirds (66 per cent) plan for their organizations to be partially or fully on the cloud in 2019, and 59 per cent plan to increase cloud spend in 2019.

SAP is enabling Saudi Arabia’s digital transformation with its live Digital Hub and cloud data center in the Kingdom, and its four-year SR285 million ($76 million) Saudi Arabia investment plan. – TradeArabia News Service




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