Riyadh, Saudi Arabia (ots/PRNewswire) - Oracle's second cloud region
in Saudi Arabia will enable support of Vision 2030 technology
NEOM Tech & Digital Hold Co. and EzdiTek sign joint venture to build
and operate hyperscale data center
NEOM Tech & Digital Holding Company - the first holding company to be
established as a subsidiary of NEOM - today announced Oracle as the
first tenant of its hyperscale data center at NEOM. Oracle Cloud
Infrastructure (OCI) will be hosted at the data center, providing a
high-performing, resilient foundation for cloud services.
To meet business continuity and compliance requirements, Oracle's
unique dual-region cloud strategy enables customers to deploy
resilient applications in multiple geographically separated locations
within a country - without having sensitive data leave the country.
The agreement follows the successful 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.
Speaking at the Kingdom's flagship Future Investment Initiative
event, His Excellency Abdullah Alswaha, Minister for Communications
and information Technology and Chairman of the NEOM Tech & Digital
Hold Co. Board of Directors, said: "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. The data
center will not only attract global businesses by creating a powerful
platform for knowledge exchange, but it will also empower innovators
to pilot their ideas at scale inside the Kingdom. Today's
announcement means the realization of technology that will serve the
ambitions of the public and private sector across the region and far
beyond, positioning Saudi Arabia at the forefront of the industry."
Richard Smith, Executive Vice President - Technology, EMEA, Oracle,
said: "We are fully committed to support Saudi Arabia's digital
economy objectives in line with Saudi Vision 2030. Conceived and
architected on security-first principles, Oracle Cloud Infrastructure
is the preferred cloud in Saudi Arabia. With this collaboration with
NEOM, we are now expanding our footprint in the Kingdom to continue
supporting the digital transformation initiatives of the country's
public and private sector organizations."
Nadhmi Al-Nasr, CEO of NEOM, said: "Establishing a hyperscale data
center at NEOM represents a significant milestone and is the first
step in creating NEOM as a new internet exchange point. This
partnership offers a dynamic blueprint for alliances, making a major
stride towards our goal of becoming an economic engine for the region
and the world."
Joseph Bradley, CEO of NEOM Tech & Digital Hold Co., said: "With
industry-leading partners of the caliber of Oracle and EzdiTek, NEOM
Tech & Digital Hold Co. aims to co-invent the future of living,
designing and building an ecosystem of cognitive technologies that
will enable predictive, personalized and autonomous services."
Fabio Fontana, Executive Director of NEOM Tech & Digital Hold Co.
Cloud Park, said: "The data center is the first step in our overall
Cognitive Connectivity Hub strategy and combines levels of compute
and connectivity that will be unrivalled in the region. NEOM Tech &
Digital Hold Co. Cloud Park will create an end-to-end gateway to the
Kingdom and GCC markets for global content giants and providers of
cloud, networking and internet services. NEOM is the perfect location
for providers seeking to co-locate their infrastructure - it will be
cost-effective, drawing on high-speed connectivity and an abundance
of skilled talent."
NEOM Tech & Digital Hold Co. (via its affiliates, NEOM Company) also
announced a USD 0.5bn joint venture with EzdiTek (via its affiliate,
FAS Energy Trading Co, a subsidiary of Saudi Arabia's Fawaz Alhokair
Group) to power the creation and operation of the data center.
EzdiTek will partner with global engineering and architectural firms
RED and Gensler.
Kamel Alqalam, Group Managing Director, Fawaz al Hokair Group, said:
"We are proud to partner with NEOM Tech & Digital Hold Co. and
support on a strategic project of this magnitude and importance. It
will allow us to offer our co-location customers access to pioneering
data center facilities. NEOM offers a truly inspiring future and as
leaders in renewable energy in the Kingdom we are excited by the
opportunity to help realize that vision."
The data center, 51% owned by NEOM Tech & Digital Hold Co. and 49% by
EzdiTek, will be designed to meet the highest security standards in
the industry and serve MENA, parts of Sub-Saharan Africa, and
eventually Europe. The data center is strategically located at the
nexus of terrestrial and sub-sea cable cables, enabling it to provide
customers with fast and reliable connectivity.
Oracle offers integrated suites of applications plus secure,
autonomous infrastructure in the Oracle Cloud. For more information
about Oracle (NYSE: ORCL), please visit us at www.oracle.com.
About NEOM Tech &Digital Holding Company
NEOM Tech & Digital Holding Company is powering the world's first
ecosystem of cognitive technologies at NEOM. Evolving from its
Technology & Digital sector, it was the first holding company to be
established as a subsidiary of NEOM, a region in Saudi Arabia
charting the course for a new future fueled by technology. NEOM Tech
& Digital Hold Co.'s digital infrastructure will be the operating
system of NEOM, enabling its communities and industries. In
partnership with global tech-industry leaders, it will co-invent the
future of living with pioneering cognitive technologies. Consent,
trust and transparency are fundamental to NEOM Tech & Digital Hold
Co.'s license to operate, providing the ethical foundations to
collect and leverage customer data to realize bold ambitions. NEOM
Tech & Digital Hold Co. will use accurate, consented to and protected
data to learn the day-to day rhythms of residents to deliver
predictive, personalized and autonomous services. Its solutions will
be powered by unrivalled connectivity and computing capability, as
well as cutting-edge Artificial Intelligence (AI) and robotics, all
underpinned by global security standards.
For further information visit :
EzdiTek is part of Ezdihar Holding. EzdiTek's mission is to pioneer
reliable Digital Infrastructure Services to enable innovative and
highly-demanding digital services; and have an active role in the
realization of Vision 2030 Digitization Mission within the Kingdom of
Saudi Arabia. Data Center Services is at the corner of EzdiTek's
Digital Infrastructure vision.
NEOM is an accelerator of human progress and a vision of what a New
Future might look like. It is a region in northwest Saudi Arabia on
the Red Sea being built from the ground up as a living laboratory - a
place where entrepreneurship will chart the course for this New
Future. It will be a destination and a home for people who dream big
and want to be part of building a new model for exceptional
livability, creating thriving businesses, and reinventing
NEOM will be the home and workplace to more than a million residents
from around the world. It will include hyperconnected, cognitive
towns and cities, ports and enterprise zones, research centers,
sports and entertainment venues, and tourist destinations. As a hub
for innovation, entrepreneurs, business leaders and companies will
come to research, incubate, and commercialize new technologies and
enterprises in ground-breaking ways. Residents of NEOM will embody an
international ethos and embrace a culture of exploration, risk-taking
and diversity - all supported by a progressive law compatible with
international norms and conducive to economic growth.
For further information email firstname.lastname@example.org or visit www.neom.com.
This material is distributed by DJE Edelman Inc on behalf of NEOM
Tech & Digital. Additional information is available at the Department
of Justice, Washington, DC.
Digital press kit: http://www.ots.at/pressemappe/PR159604/aom
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