{"id":22641,"date":"2026-02-17T15:28:31","date_gmt":"2026-02-17T15:28:31","guid":{"rendered":"https:\/\/microvibenews.com\/?p=22641"},"modified":"2026-02-17T15:28:31","modified_gmt":"2026-02-17T15:28:31","slug":"iocos-cloud-expansion-in-saudi-arabia","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=22641","title":{"rendered":"iOCO\u2019s cloud expansion in Saudi Arabia"},"content":{"rendered":"<p><\/p>\n<div id=\"textFreeArticle\">\n<p>JSE-listed technology group iOCO Limited has expanded its operations in Saudi Arabia as demand for cloud services accelerates in the Kingdom.<\/p>\n<p>The move strengthens the company\u2019s regional cloud practice and builds on its partnership with Amazon Web Services (AWS), it said in a statement on Tuesday.<\/p>\n<p>Read:<br \/>Middle East IPO boom fades amid competition from global markets<br \/>JSE winners over the past 12 months<\/p>\n<p>iOCO, formerly known as EOH Holdings, rebranded in 2024 after being hit by State Capture corruption allegations.<\/p>\n<p>It says its expansion in the Middle East\u2019s biggest country comes as Saudi Arabia increases investment in data centres and cloud infrastructure under its Vision 2030 economic diversification programme.<\/p>\n<div class=\"visible-sm-block visible-xs-block m1010\">\n<div class=\"ad-container-wrapper\">\n<p>ADVERTISEMENT<\/p>\n<p>CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n<p>The reform agenda has driven cloud adoption across government departments and private enterprises as organisations modernise legacy systems and strengthen cybersecurity.<\/p>\n<p>Read:<br \/>JSE axes Risk Insights contract over Bogdanov PhD scandal<br \/>JSE slaps former EOH director with R500k fine for fake PhD claim<br \/>EOH\u2019s journey to redemption has blue chips knocking on its door<\/p>\n<p>iOCO says it is investing in local delivery capacity to support cloud strategy, migration and modern application development in the Saudi market.<\/p>\n<blockquote>\n<p>\u201cOur expansion reflects the pace of the Kingdom\u2019s digital transformation. Cloud is a key enabler of Vision 2030,\u201d says Richard Vester, chief executive for cloud at iOCO.<\/p>\n<div class=\"visible-sm-block visible-xs-block m1010\">\n<div class=\"ad-container-wrapper\">\n<p>ADVERTISEMENT:<\/p>\n<p>CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n<\/blockquote>\n<p>He adds that organisations are seeking partners able to implement secure cloud platforms and deliver measurable business outcomes.<\/p>\n<p>iOCO employs about 4 500 people across its South African and international operations. Its services span software development, data analytics, automation, cloud and cybersecurity.<\/p>\n<p><strong>iOCO share price\u00a0<\/strong><\/p>\n<p><em>* Likho Mbuka is an intern at Moneyweb.\u00a0<\/em><\/p>\n<p><em>Follow Moneyweb\u2019s in-depth finance and business news on WhatsApp here.<\/em><\/p>\n<\/p><\/div>\n<p><script data-cfasync=\"false\">\n            !function(f,b,e,v,n,t,s)\n            {if(f.fbq)return;n=f.fbq=function(){n.callMethod?\n                n.callMethod.apply(n,arguments):n.queue.push(arguments)};\n                if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\n                n.queue=[];t=b.createElement(e);t.async=!0;\n                t.src=v;s=b.getElementsByTagName(e)[0];\n                s.parentNode.insertBefore(t,s)}(window, document,'script',\n                'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n            fbq('init', '779812924991616');\n            fbq('track', 'PageView');\n        <\/script>#iOCOs #cloud #expansion #Saudi #Arabia<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JSE-listed technology group iO&hellip; <\/p>\n","protected":false},"author":1,"featured_media":22642,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[8113,1429,709,13401,1763],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/22641"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22641"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/22641\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/22642"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}