Announcement of Investing 400 Million USD for Establishing Huawei Cloud Region in Saudi Arabia
Feb 08, 2023
During the LEAP 2023 event, Huawei Cloud announced it would launch a cloud region in Saudi Arabia to boost KSA digital economy for government, corporate and individual to access more advanced and secure cloud services. Huawei Cloud followed this with a recent announcement to bolster investment in the Kingdom with a commitment of investing 400 million US dollar in the next 5 years.
Alan Qi Managing Director, Huawei Cloud KSA
This focus is based on the realization that the cloud is the foundation of digital transformation and the driver of a dynamic digital world. It provides the building blocks of advanced technologies such as AI, Big Data, IoT, Block Chain and more.
To help customers migrate to cloud smoothly and use it well, to give them quick access to leading technologies on cloud, and to support its mission to unleash the power of digital, Huawei Cloud advocates an Everything as a Service vision, which includes Infrastructure-as-a-Service, Technology-as-a-Service, and Expertise-as-a-Service.
With years of steady investment into AI, Huawei Cloud has launched a range of leading AI products, such as the AI development pipeline ModelArts, large pre-trained Pangu models, digital human, and spatiotemporal computing services. ModelArts is a one-stop AI development platform that covers every phase of developing an AI application, including data processing, algorithm development, model training, model management, and model deployment. Pangu Drug Molecule Model as one of our large model practices accelerated the discovery of lead compounds from several years to just one month, and slashed R&D costs by 70%.
Huawei Cloud also provides a data governance pipeline, DataArts; a one-stop data development and governance platform where big data and AI converge. This platform includes GaussDB - a cloud database service, FusionInsight - an intelligent data lake solution, and GaussDB(DWS) - a cloud data warehouse service. It helps enterprises to build a data foundation and maximize the value of data.
Huawei Cloud with 29 regions and 240+ innovative cloud services is now serving in more than 170 countries. Now it commits to promote the adoption and implementation of cloud and AI technologies in Saudi Arabia for all industry, serving customers in government and public service, finance, telecom, utility, O&G, transportation, retail, manufacture, entertainment and startups to accelerate their digital transformation and intelligent upgrade. Furthermore, Huawei Cloud will prosper digital economy and talent ecosystem for Saudi Arabia and the whole region.
Huawei Cloud, in Saudi, for Saudi.