Microsoft will invest ZAR 5.4 billion (~ US$ 298 million) by 2027 to expand its cloud and AI infrastructure in South Africa. This builds on an earlier investment of ZAR 20.4 billion to set up datacentres and includes plans for skills training in technology fields. The initiative aims to enhance operational efficiency and support innovation across various sectors.
Microsoft plans to invest ZAR 5.4 billion (approximately US$ 298 million) by 2027 to enhance its cloud and AI infrastructure in South Africa. This initiative is driven by a growing demand for Azure services and builds upon a previous investment of ZAR 20.4 billion (~ US$ 1 billion) over the last three years to establish enterprise-grade datacentres in Johannesburg and Cape Town.
The investment will enable a broad spectrum of organizations, including start-ups, multinationals, and government entities, to leverage cloud and AI solutions. These technologies aim to improve operational efficiencies, optimize service delivery, and foster innovation in the South African economy.
Additionally, Microsoft plans to introduce skills training programs focused on cloud architecture, AI, and cybersecurity to bolster local talent. This commitment reflects the company’s dedication to empowering the workforce in this key technological area.
The announcement occurred during a conference in Johannesburg, led by Brad Smith, Microsoft’s Vice Chair and President. He emphasized that this investment is integral to the company’s mission of helping South Africans harness technology for economic prosperity and workforce development.
South African President Cyril Ramaphosa highlighted the significance of Microsoft’s presence in the nation, calling it a demonstration of confidence in South Africa and its economy. He noted that Microsoft’s continued investments serve as a testament to this enduring trust in the local technology sector.
Microsoft’s substantial investment in South Africa aims to develop cloud and AI infrastructure, addressing rising demand for Azure services. The initiative not only focuses on enhancing organizational efficiency and innovation but also emphasizes skill development in crucial tech areas such as cybersecurity and cloud computing. This ongoing commitment underscores Microsoft’s confidence in the South African economy and its role in the regional tech landscape.
Original Source: w.media
