Microsoft will invest ZAR 5.4 billion (around $298.6 million) by 2027 to expand its cloud and AI infrastructure in South Africa, enhancing services for organizations and boosting the economy. This is in addition to a previous ZAR 20.4 billion investment. The initiative also includes plans to train 50,000 individuals in high-demand tech skills and follows Microsoft’s AI Access Principles for responsible technology leadership.
Microsoft has announced a substantial investment of ZAR 5.4 billion (approximately $298.6 million) to enhance its cloud and AI infrastructure in South Africa by the end of 2027. This initiative aims to cater to the increasing demand for Azure services throughout the region. It builds upon the company’s previous investment of ZAR 20.4 billion made over the last three years to establish the first enterprise-grade data centers in Johannesburg and Cape Town.
The new investment will provide a wide range of organizations, including startups, large multinationals, and governmental entities, with enhanced access to cloud and AI solutions. This access is anticipated to bolster operational efficiency, enhance productivity, optimize service delivery, and foster innovation within South Africa’s economy.
South African President Cyril Ramaphosa remarked on the significance of this investment, stating that it serves as a testament to the confidence international companies like Microsoft have in the nation’s economy. He emphasized that such strategic investments demonstrate the potential and security of doing business in South Africa.
Brad Smith, the Vice Chair and President of Microsoft, highlighted the company’s long-standing commitment to South Africa, noting that this investment aligns with their objective to empower South Africans through technology. He emphasized the focus on equipping young workers with necessary skills to succeed in the evolving job market.
In addition to infrastructure, Microsoft plans to expand its digital skills initiative. Over the next year, the company will fund training for 50,000 individuals to become “Microsoft Certified” in high-demand areas, including AI, Data Science, Cybersecurity Analysis, and Cloud Solution Architecture. Microsoft’s certifications are designed to validate expertise in essential technological fields.
Moreover, Microsoft has committed to ensuring that its AI infrastructure in South Africa is aligned with its AI Access Principles. These principles highlight the company’s responsibility as an AI leader, emphasizing investments, partnerships, and programs to broaden access to AI technology, thereby benefiting organizations and individuals and promoting public good.
Microsoft’s significant investment in South Africa underlines the company’s commitment to enhancing cloud and AI capabilities in the region. This initiative not only aims to meet the rising demand for Azure services but also seeks to empower a diverse array of organizations through improved operational efficiency and productivity. Furthermore, the expansion of digital skills training initiatives reaffirms the company’s dedication to preparing young South Africans for future job markets. Overall, this strategic investment serves as a strong vote of confidence in South Africa’s economic potential.
Original Source: www.rcrwireless.com
