Microsoft plans to invest ZAR 5.4 billion (~ US$ 298 million) by 2027 to enhance its cloud and AI infrastructure in South Africa, building on a previous ZAR 20.4 billion investment. The initiative will provide organizations access to advanced technologies and drive skills development. Leaders from Microsoft and the South African government emphasized the significance of this investment for economic growth and technological proficiency.
Microsoft has revealed plans to invest approximately ZAR 5.4 billion (about US$ 298 million) by the conclusion of 2027. This initiative aims to enhance its cloud and Artificial Intelligence (AI) infrastructure in South Africa, addressing the increasing demand for Azure services within the region. This investment is in addition to the ZAR 20.4 billion (around US$ 1 billion) already invested over the past three years to establish the nation’s first enterprise-grade datacentres in Johannesburg and Cape Town.
The company has articulated that this next phase of investment will allow a diverse range of organisations, from emerging start-ups to large multinationals and government agencies, to access advanced cloud and AI solutions. These resources are expected to enhance operational efficiency, improve service delivery, and stimulate innovation throughout the South African economy.
Microsoft also announced exciting plans to implement training programs aimed at improving skills in cloud architecture, AI, and cybersecurity. The announcement was made by Brad Smith, Vice Chair and President of Microsoft, during a conference in Johannesburg, where he emphasized the importance of technology in fostering prosperity and equipping young professionals with necessary skills.
South African President Cyril Ramaphosa, also speaking at the conference, highlighted that Microsoft’s enduring presence in the local technology landscape reflects confidence in the country’s economy. He regarded the investment as a significant affirmation of the optimism surrounding South Africa’s economic future.
Having operated in South Africa for over 30 years, Microsoft serves a multitude of sectors, including financial services, healthcare, retail, agriculture, mining, and the public sector, all of which are leveraging Microsoft’s cloud and AI technologies to drive growth and innovation.
In conclusion, Microsoft’s commitment of ZAR 5.4 billion to expand its AI and cloud infrastructure in South Africa marks a significant milestone in enhancing the region’s technological capabilities. This investment will not only improve accessibility to advanced services but also promote skills development in critical areas like AI and cybersecurity, thereby stimulating economic growth and innovation. The ongoing collaboration between Microsoft and South African entities underscores a joint vision of technological advancement and economic confidence.
Original Source: w.media
