The project is expected to create 1,000 jobs and generate $1.5 billion in revenue. ## The Dawn of a New Era in Qatar’s Tech Sector The Qatari tech sector is on the brink of a significant transformation, with the announcement of a groundbreaking 10-year hybrid facility. This monumental project, which combines commercial and Islamic financial elements, is set to redefine the landscape of the industry.
The region has seen rapid digital transformation, driven by increasing internet penetration and the rise of digital technologies. This transformation is being supported by government initiatives, such as Saudi Arabia’s Vision 2030, which aims to diversify the economy and boost the digital economy. The demand for data centers in the Middle East and North Africa (MENA) is on the rise, reflecting the region’s rapid digital transformation.
The data centre sector is expected to see rapid growth due to the increasing demand for cloud computing services. In 2017, data centre capacity worldwide was valued at USD 198.2 billion. This is expected to surge to USD 408.7 billion by 2023, marking an impressive compound annual growth rate (CAGR) of 21.7%. The growth is driven by the rising adoption of cloud computing services, which are becoming integral to businesses worldwide.
The company’s strategic location in the UAE’s technology hub, Dubai, positions it perfectly to serve the growing demand for data center infrastructure. ### The Pioneering of Digital Transformation Ooredoo’s Data Centre company stands at the forefront of the digital transformation in the Middle East. By offering state-of-the-art colocation services, the company is not just a service provider but a catalyst for change in the region’s technological landscape.
# Sustainable Data Centers: Ooredoo’s Green Initiative
Ooredoo’s commitment to sustainability is evident in its strategic expansion of data centers across the Middle East. With 26 active data centers in countries like Qatar, Kuwait, Oman, Iraq, and Tunisia, the company is not only enhancing its IT infrastructure but also setting a benchmark for green technology in the region.
The partnership aims to leverage NVIDIA’s cutting-edge technology to enhance the telecommunications industry. ### The Power of Collaboration The telecommunications industry is undergoing a significant transformation, driven by the rapid advancement of technology. In this context, the collaboration between Ooredoo Group and NVIDIA represents a strategic move to stay ahead in the game. * Leveraging Advanced Technology: By partnering with NVIDIA, Ooredoo Group is tapping into the power of advanced technology to improve its services and offerings.
