Riyadh: The crucial role earmarked for digitisation in driving forward Saudi Arabia’s broader economic and social development plans was mapped out by Nasser Al Nasser, CEO of STC Group, in an interview gave to Oxford Business Group’s online broadcasting channel, Global Platform.
The interview is now available to view in full at https://oxfordbusinessgroup.com/video/nasser-al-nasser-ceo-stc-group
Al Nasser told viewers that the Kingdom was well placed to implement digital ecosystems, such as the Internet of Things (IoT), which he described as the new norm for facilitating Industry 4.0.
“We believe that this will radically transform not only the telecom business itself, but also other industries,” he said. “It will enable automation and smart cities with their smart homes, smart parking, AVLs, automatic vehicle locations, and all types of industrial and cities applications.”
Turning to the topic of cybersecurity, Al Nasser said Artificial Intelligence (AI) was playing a key part in helping Saudi Arabia to address challenges in this critical area and identify joined-up solutions.
He also updated viewers on the Kingdom’s twofold plans to invest in fixed infrastructure and bridge gaps by awarding more spectrum to operators and introducing a new fibre set-up.
“We were lagging behind,” he acknowledged, “but as part of the 2020 National Transformation Plan there will be more than 2m households served by high-speed fibre by 2020.”
Marc-André de Blois, OBG’s director of PR and Video Content, said the interview with Al Nasser showed that Saudi Arabia’s huge digitisation efforts were poised to revolutionalise many day-to-day activities in the Kingdom as Vision 2030 gains momentum.
“Significantly, viewers are also given valuable insight into the digital investment drive under way in the country,” he said. “I’m delighted that through our broadcast, subscribers have been able to learn more about these important plans to improve both services and speeds.”
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About Global Platform
Global Platform is Oxford Business Group’s on-demand digital broadcasting channel. One of several research tools in OBG’s portfolio, the online platform has carved a niche as a leading business intelligence provider in its own right, with data verified independently by Deloitte putting its current circulation at 150,000. Global Platform provides cutting edge video interviews with top-level decision-makers giving key analysis and the latest updates from across all sectors of the global business community.
OBG’s digital content is available both on Global Platform and via major international business news outlets. OBG also has distribution agreements with Bloomberg and Eikon’s terminals, giving it access to the Bloomberg Professional Services subscribers and Thomson Reuter’s Eikon terminal subscribers.
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About Oxford Business Group
Oxford Business Group (OBG) is a global research and advisory company with a presence in over 30 countries, from the Middle East, Africa and Asia to the Americas. A distinctive and respected provider of on-the-ground intelligence on the world’s fastest growing markets for sound investment opportunities and business decisions.
Through its range of products - Economic News and Views, OBG Business Barometer - CEO Survey, OBG Events and Conferences, Global Platform - exclusive video interviews, The Report publications - and its Consultancy division, OBG offers comprehensive and accurate analysis of macroeconomic and sectoral developments.
OBG provides business intelligence to its subscribers through multiple platforms, including its direct 6 million verified subscribers, Dow Jones Factiva subscribers, the Bloomberg Professional Services’ subscribers, Refinitiv’s (previously Thomson Reuters) Eikon subscribers, and more.
For more information, please contact:
Marc-André de Blois
Director of PR and Video Content, Oxford Business Group
E-mail: mdeblois@oxfordbusinessgroup.com
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