UAE - Mubasher: Microsoft cloud ecosystem will produce $27 billion revenues in the UAE by 2024, as shown by new research by global market intelligence firm, IDC.
Microsoft, its partners, and cloud-using customers are forecast to enable the UAE economy to recover from the 2020 level by investing in local economies and sustainable solutions, according to a press release on Thursday.
The research referred that Microsoft’s cloud ecosystem will also create 69,000 new jobs to the UAE economy by 2024, with 16,000 added for skilled IT professionals.
In June 2019, Microsoft’s cloud regions in the UAE were launched to deliver Microsoft Cloud to governments, organisations, and start-ups in the Middle East.
The General Manager of Microsoft UAE, Sayed Hashish, commented: "In 2021 and beyond, the cloud is set to reinvent industries and drive more resilience while building capabilities, bolstering job creation, driving sustainability and advancing economic growth."
