In line with the Saudi Vision 2030, KPMG has signed an agreement with Oracle to accelerate the adoption of cloud-based emerging technologies in the Kingdom of Saudi Arabia. This will support the growth of the country’s digital economy.
Under this initiative, Saudi-based organizations across the public and private sector, as well as startup communities that are ready to explore the impact of the cloud on their digital journey, can now benefit from the joint capabilities of KPMG’s Insights Centre and the Oracle Innovation Hub in Riyadh.
Dr. Abdullah Al Fosan, Chairman, KPMG Professional Services, said: “The pandemic has accelerated efforts of digital transformation, in a space that was already evolving at a high pace. This is the right time to invest more in the digital ecosystem and forge relationships to be stronger and more efficient together.
This collaboration will offer organizations in Saudi Arabia access to KPMG’s expertise in helping companies kick-start a culture of innovation using service design and the latest cloud-led technologies. In line with this, enterprises can utilize the Oracle Cloud Infrastructure including Artificial Intelligence (AI), Internet of Things (IoT), and Machine Learning to initiate customized digital transformation to meet their specific objectives.
Fahad Al Turief, Vice President and Country Leader, Oracle Saudi Arabia, said: “There are several trends pushing business—across all industries—toward the cloud in Saudi Arabia and around the world. For most organizations, the current way of doing business might not deliver the agility to grow or provide the platform or flexibility to compete.”
He further noted that their collaboration with KPMG will further support the digital transformation efforts of Saudi organizations, particularly as “they explore newer ways of supporting customers, deliver vital citizen services and ensure business continuity.”
As part of this collaboration, KPMG and Oracle Saudi Arabia executives will also organize joint seminars, virtual events, and sessions with global experts to highlight best practices, discuss case studies and offer guidance on digital transformation initiatives.