The Saudi Arabia cloud computing market is expected to generate a compound annual growth rate (CAGR) of 35.5% between 2021-2030, according to QuantAlign Research. The Kingdom’s sustained growth in the cloud computing market can be attributed to the increasing expenditure on information technology and growing demand for data digitalization across various industries.

Cloud and Enterprise Business
Global cloud services market touches US$42 bn in Q1 2021
The acceleration of digital transformation over the last 12 month, the rebound in some economies, in line with government stimuli, the roll-out of mass COVID-19 vaccination programs and subsequent easing of restrictions saw cloud infrastructure services spending to grow 35% to US$41.8 billion in the first quarter of 2021.
Google Cloud and SpaceX team up to deliver global connectivity
Google Cloud and SpaceX will leverage Starlink's ability to provide high-speed broadband internet and Google Cloud's infrastructure to deliver data, cloud services, and applications to customers at the network edge around the world.
Red Hat powers the next wave of edge computing
Red Hat Enterprise Linux 8.4 serves as a powerful foundation for the open hybrid cloud, from the data center to the edge. Red Hat presents new capabilities and enhancements to its world’s leading enterprise Linux platform.
Kenmei Technologies now part of Vodafone’s Digital Network Program
Network intelligence and automation company Kenmei Technologies announced that it has partnered with Vodafone Group on its “Digital Network Program”, with the aim of reducing operational costs, improving customer experience and increasing revenues.
Abdul Rahman Al Thehaiban to head Google Cloud as MD in META region
Google Cloud has appointed Abdul Rahman Al Thehaiban as managing director for the Middle East, Turkey and Africa region (META) to lead enterprise sales for Google Cloud across the META region. He will support current and future Google Cloud customers and partners to accelerate their digital transformation and drive the growth of Google Cloud in these areas.
Huawei to provide cloud and intelligence for Middle East enterprises
Through the partnership between Huawei and Bespin Global, HUAWEI CLOUD will provide ubiquitous cloud and intelligence to Middle East enterprises.
Red Hat, NEC offer telco cloud infrastructure for multiple 5G use cases
Red Hat, Inc., the world's leading provider of open source solutions, announced a collaboration with NEC Corporation to deliver 5G solutions built on Red Hat OpenShift, the industry’s leading enterprise Kubernetes platform.
Acronis receives funding of more than $250M
Acronis announced that it has received more than $250 million funding round from CVC Capital Partners VII and other investors. Acronis will use the funds to further accelerate growth by expanding its unique portfolio of natively integrated cyber protection products. A significant portion of the investment will also be used to further enhance Acronis’ go-to-market initiatives by expanding its broad partner network – most notably managed service providers (MSPs) – to help them better serve the cyber protection needs of their clients. The investment values the company at more than $2.5 billion.
Help AG allows organizations to redefine their perimeter security in the cloud
Help AG, the cybersecurity arm of Etisalat Digital and the region’s trusted IT security advisor, has launched Cyber Edge X, a Secure Access Service Edge (SASE) offering that helps organizations redefine their perimeter security in the cloud.