Sheikh Hamdan bin Mohammed, the Crown Prince of Dubai, inaugurated a new cloud technology project on Monday, with the objective of bolstering the emirate’s tech infrastructure and expediting its digital transformation.
The Dubai Government Media Office stated that Dubai Digital Cloud is the latest venture in a series of initiatives aimed at establishing a world-leading, efficient, agile, and dependable digital infrastructure within the emirate.
As disclosed in a recent report by the Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, Dubai aspires to solidify its position as a global hub for the digital economy.
The report forecasts the national digital economy to surge to over $140B by 2031, a significant increase from the current figure of nearly $38B.
“Moro’s advanced digital services aim to support government and private organisations in their digital transformation journeys in the UAE and the Middle East,” said Saeed Al Tayer, managing director and chief executive of Dubai Electricity and Water Authority.
“Moro Cloud helps accelerate this process while promoting innovation and reducing costs. It is managed through green carbon-neutral local data centres, which will help government organisations achieve their carbon neutrality goals.”
Last year, the UAE Cabinet granted approval for the establishment of the Higher Committee for Government Digital Transformation, highlighting the country’s commitment to advancing its digital economy and leveraging future technologies.
Sheikh Hamdan launched Dubai’s Digital Strategy just last month, aiming to usher in a new era of digital transformation within the emirate.
The recently unveiled Dubai Digital Cloud project comprises multiple digital clouds designed to deliver exceptional flexibility and operational efficiency. According to a statement from the Dubai Media Office, it seeks to provide the best solutions spanning from private to public clouds.
Hamad Al Mansoori, the Director General of Digital Dubai, described the initiative as a practical implementation of the leadership’s vision, promoting connectivity, integration, and a comprehensive digital government. It aims to ensure agility, speed, security, and competitiveness, enabling government entities to offer integrated, proactive, and round-the-clock services.
The increasing adoption of cloud technology in the UAE and other Gulf Cooperation Council (GCC) countries can be attributed to the rising number of technology-savvy young consumers and the evolving digital landscape in the region.
The global cloud computing market reached a value of $368.97B in 2021 and is expected to grow at a compound annual rate of around 16% from 2022 to 2030, driven primarily by emerging technologies like artificial intelligence and machine learning, according to Grand View Research.
Naim Yazbeck, the General Manager of Microsoft UAE, emphasized the transformative potential of cloud technology for public sector organizations, enabling service enhancement, digital security reinforcement, and citizen empowerment.
A study conducted in October last year revealed that Microsoft anticipates its cloud services portfolio to contribute over $39B to the UAE economy and create approximately 100,000 jobs in the next four years.
Approximately 17% of this revenue will be generated from Microsoft’s cloud data centre regions located in Abu Dhabi and Dubai, according to the study.