Microsoft plans to invest ZAR 5.4 billion (~ US$ 298 million) in South Africa by 2027 to expand its cloud and AI infrastructure, following a previous ZAR 20.4 billion investment. The goal is to enable organizations to enhance efficiency and innovation while providing training in cloud and AI skills. This investment reflects confidence in the South African economy, as emphasized by Microsoft executives and government officials.
Microsoft has announced an investment of ZAR 5.4 billion (approximately US$ 298 million) to expand its cloud and Artificial Intelligence (AI) infrastructure in South Africa by the end of 2027. This initiative aims to cater to the increasing demand for Azure services in the region and builds on the company’s prior investment of ZAR 20.4 billion (around US$ 1 billion) over the past three years to establish the first enterprise-grade data centers in Johannesburg and Cape Town.
The investment will enable various organizations, including startups, large corporations, and governmental bodies, to access cloud and AI solutions. This accessibility is intended to enhance operational efficiency, productivity, and innovation throughout the South African economy. Furthermore, Microsoft has outlined plans to offer skills development training in key areas such as cloud architecture, AI, and cybersecurity to bolster local talent.
Brad Smith, Vice Chair and President of Microsoft, unveiled this news at a conference in Johannesburg, stating, “This latest investment is part of our broader focus in helping South Africans build a future where technology drives prosperity and young workers have the skills they need to thrive.”
In addition, South African President Cyril Ramaphosa highlighted during the conference that Microsoft’s longstanding presence reflects confidence in both the country and its economy. He noted, “The strategic investment announcements made by Microsoft today stand as further testimony to this enduring confidence.” Microsoft has been actively present in South Africa for over 30 years, with diverse customers already harnessing its cloud and AI technologies across numerous industries, including finance, healthcare, retail, agriculture, mining, and the public sector.
Microsoft’s renewed investment in South Africa emphasizes its commitment to enhancing cloud and AI infrastructure, thereby addressing regional demands. The venture will undoubtedly facilitate advancements in operational efficiency and innovation across various sectors while promoting skills development among the youth. Overall, this initiative not only strengthens Microsoft’s presence in the country but also reinforces confidence in the South African economy.
Original Source: w.media
