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Logo of Al Moammar Information Systems Co.
Al Moammar Information Systems Co. (MIS) joined the initiative of the Ministry of Communications and Information Technology (MCIT) in the development of large data centers and to lead the growth in digital transformation.
The ministry developed a plan to create a strong and advanced digital infrastructure, in line with the acceleration of digital transformation and the adoption of new technologies in the Kingdom, including the development of huge data centers to keep pace with the increasing demand for cloud services.
The Kingdom will become a leading digital hub for cloud computing in the region, MIS said in a bourse statement.
The ministry expects to accelerate the development of data centers in the Kingdom to exceed the 1,300-megawatt barrier before 2030, with expected investments exceeding $18 billion in data.
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