stc Group, the digital enabler in the region, and Oracle Corporation, signed a partnership agreement that contributes to serving the local and regional markets in support of the objectives of Vision 2030 to build a digital economy in the Kingdom of Saudi Arabia.
The announcement of the cooperation of the two technology giants in the local and regional markets came on the sidelines of Oracle CEO Safra Katz’s visit to the stc group’s headquarters to discuss ways to enhance cooperation and develop opportunities between them, and to celebrate the 18th anniversary of the fruitful relationship between the two parties.
The agreement aims to enhance joint cooperation to take advantage of promising opportunities in the market, meet the requirements of customers in various sectors, and enrich their digital experience. In addition, stc Group will benefit from Oracle’s flexible and secure cloud platform to automate businesses using cloud computing.
We are committed to continuing to build and invest in digital infrastructure and expanding communications and information technology services. Our cooperation with Oracle Corporation is an affirmation of our strategy to enable the local and regional digital economy.
Eng. Olayan Al-Wateed, CEO, stc Group
The combination of Oracle’s leading cloud computing solutions and stc’s regional capabilities will provide advanced digital solutions to our customers that enable them to innovate and drive business growth.
Safra Katz, CEO, Oracle
stc Group will leverage Oracle’s secure cloud infrastructure to ease stc’s business-supporting database workload as part of stc’s multi-cloud adoption roadmap. This partnership will also facilitate and modernize stc’s cloud technology landscape.
