Riyadh, Saudi Arabia – Rackspace Technology (NASDAQ: RXT), a leading end-to-end multi-cloud technology services company, has announced a significant expansion of its operations into Riyadh, Saudi Arabia. This strategic move is poised to dramatically accelerate the adoption of Cloud AI solutions and foster digital transformation across the Middle East, aligning perfectly with the Kingdom's ambitious Vision 2030.
The expansion comes as the Middle East, particularly Saudi Arabia, embarks on an unprecedented digital journey, driven by substantial government investment and a burgeoning demand for advanced technology infrastructure. Rackspace's presence in Riyadh will provide local enterprises with direct access to its comprehensive suite of managed cloud services, specializing in artificial intelligence, machine learning, and data analytics.
“Our entry into Riyadh marks a pivotal moment for Rackspace Technology and the broader Middle East tech landscape,” stated Kevin Jones, CEO of Rackspace Technology. “We recognize the immense potential and strategic importance of Saudi Arabia as a hub for innovation and digital growth. By establishing a strong local presence, we are committed to empowering Saudi businesses with the cloud and AI capabilities they need to thrive in a rapidly evolving global economy.”
The initiative is expected to create numerous high-skilled job opportunities for Saudi nationals, contributing to the Kingdom's Saudization efforts and developing a robust local talent pool in advanced technological domains. Rackspace plans to collaborate closely with government entities, academic institutions, and local businesses to foster an ecosystem of innovation, knowledge transfer, and digital literacy.
Dr. Abdullah Al-Mubarak, Undersecretary for Digital Transformation at the Saudi Ministry of Communications and Information Technology, welcomed the move: “Rackspace’s investment underscores the attractiveness of Saudi Arabia’s digital infrastructure and our commitment to becoming a global leader in technology and AI. Their expertise will be invaluable as we continue to diversify our economy and build a future-ready workforce.”
This expansion positions Rackspace as a key player in the Middle East’s burgeoning cloud and AI market, providing foundational support for sectors ranging from finance and healthcare to energy and smart cities. The company’s focus on hybrid and multi-cloud environments, combined with its AI-driven solutions, will enable organizations to harness data more effectively, optimize operations, and deliver enhanced customer experiences.
With this bold step, Rackspace Technology is not just expanding its geographic footprint; it is actively participating in shaping the digital future of an entire region, setting a new benchmark for cloud and AI adoption in the Middle East.
