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Saudi cloud computing records surge 40% in Q4

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08 Jan 2024 07:01:37 GMT9
08 Jan 2024 07:01:37 GMT9

Arab News

RIYADH: Saudi Arabia’s cloud computing registrations saw a 40 percent year-on-year increase in the fourth quarter of 2023, official data showed. 

Cloud computing refers to the on-demand availability of system resources, specifically data storage, without direct active management by the user.

Issued by the Ministry of Commerce, the commercial registration certificate serves as a legal confirmation of a business’s official status in Saudi Arabia.

The government bulletin reported the issuance of as many as 1,759 cloud computing permits between October and December 2023.      

This surge underscores the Kingdom’s aim to make the region a hub for the technology by 2030. 

It also aligns well with the Saudi government’s proactiveness in its approach to the implementation of digital technologies, driving economic diversification, boosting innovation, and building a thriving digital economy.

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