It’s rare that a technology captures the attention of government leaders and the public alike, but GenAI has done just that. This innovation is causing a sea change in nearly every facet of life that technology touches and a groundswell discurssion of what is possible and the long-term impact. That said, this innovation is directly tied to economic growth and opportunity with the potential to improve labor productivity and help revolutionize how industries operate.
Similarly, the development and maturity of GenAI and other artificial intelligence pushes the boundaries of our skills and knowledge and demands a more sophisticated workforce. According to Goldman Sachs, AI systems could have a major impact on employment markets around the world, creating new jobs, which historically have accounted for the majority of long-run employment growth. With this new opportunity comes the challenge that technology often outpaces talent pools, forcing organizations to upskill and reskill existing employees and, sometimes, recruit and train new talent. In addition, employers may also explore supplementing higher education with industry-specific skills training for recent graduates, as well as collaborating with higher education institutions to develop and implement AI curriculums.
This is especially true for the Kingdom of Saudi Arabia (KSA) that has laid out their Vision 2030 plans to transform its society and open itself up to the world by diversifying its economy, reducing its dependence on oil exports, and creating new opportunities for future generations through investment in digital transformation across major sectors. This vision represents KSA’s commitment to fostering technological and economic change to create a vibrant society in which all citizens can thrive and pursue their passions.
In February 2023, we announced plans to open a third cloud region in the KSA, part of a US $1.5B investment to expand cloud infrastructure in the region, to accelerate innovation and digital transformation in support of Saudi Vision 2030.
Just as we have invested in cloud infrastructure to support Saudi Arabia's digital transformation across industries, Oracle understands the importance of strengthening the technical knowledge of local talent and nurturing the next generation of technology leaders within the region and is poised to help do so. Thousands of enterprises modernize, adapt, and innovate on Oracle Cloud Infrastructure and rely on us to help them prepare for what’s ahead. Digital transformation is about leveraging the right technology to achieve desired outcomes, and having the right technology foundation makes a difference in being able to quickly adapt and change when the world changes.
Together with Future Workand supervised by Saudi Arabia’s Ministry of Human Resources and Social Development we are committed to training 50,000 Saudi nationals by 2027 on Oracle Cloud, preparing them for jobs today and in the future. We're dedicated to investing in the present and future workforce of the nation by empowering citizens through providing access to education and training on Oracle Cloud technologies through our Skills Development Initiative.
The initiative will be delivered as a digital learning experience through Oracle MyLearn, Oracle's comprehensive training and enablement platform from Oracle University. It will offer rigorous foundational training in cloud technologies that will then channel students to professional-level training and certifications, as well as additional training curated individually based on learning levels and educational goals. Furthermore, as the industry standard for Oracle professionals, an Oracle certification expands knowledge and validates skills that appeal to potential employers, thus improving job prospects and job stability.
Oracle’s Skills Development Initiative is designed to offer solutions to support government institutions, providing candidate training and job placement assistance to ensure that the next generation of tech leaders receive the best possible education and support.
Saudi nationals who are interested in learning more and to participate in the Saudi Vision 2030 should visit: https://education.oracle.com/ksa.
Representatives of government institutions who want to learn more about the Skills Development Initiative can connect with our team be emailing firstname.lastname@example.org.
Damien Carey is senior vice president for Oracle University, one of the world’s largest IT training businesses—delivering modern learning solutions to Oracle customers and the company’s partner ecosystem globally. There, Damien focuses on helping customers quickly and easily adopt Oracle Cloud services. Damien has transformed Oracle University into a customer-focused and technologically innovative organization that delivers modern, digital, just-in-time training with tangible business outcomes.