ServiceNow to Invest $500M in Saudi Arabia Data Centres

ServiceNow expands to Saudi Arabia, plans to invest $500M

ServiceNow is all set to invest in the development of Saudi Arabian data centres to support the next-generation cloud platform.

ServiceNow, a digital workflow company announced its expansion to the Kingdom of Saudi Arabia. It has committed a direct investment of $500 million in the region to support regional business and government transformation, job creation, and digital skills development.

Khalid Al-Falih, Minister of Investment of Saudi Arabia, said, “These investments are key to enable future growth in the industry and to enable the broader transformation of the Kingdom’s economy. We welcome the role of leading private sector investors in enabling Saudi Arabia to thrive in the global technological transition. Today’s agreement by ServiceNow to increase investment and set up an RHQ in the Kingdom is testament to Saudi Arabia’s success in developing world-class ICT infrastructure and to the value of cross-government cooperation between MISA, the Ministry of Communications and Information Technology and others.”

The ServiceNow platform for end-to-end business transformation will offer businesses operating in Saudi Arabia real-time business intelligence for decision-making and heightened resilience in fast-changing markets.