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TAQA Arabia and Kyndryl to modernize energy distribution in Egypt
The partnership includes cloud hosting and cloud managed application services.
According to market intelligence firm IDC, spending on public cloud services will increase by more than 27% in 2022. Apart from other sectors, Cloud services boost the energy sector by enabling remote monitoring and maintenance of oil wells and power production units. Saudi Arabia’s state-owned oil producer Aramco recently partnered with Google cloud.
Now, Egypt-based energy distribution firm TAQA Arabia has joined the IT infrastructure provider Kyndryl to digitize its operations. Kyndryl will support TAQA with its cloud hosting capabilities, which will allow the energy provider to access a group of servers to power its website and app. It will also assist enterprise resource planning through cloud-managed application services.
Kyndryl has already been helping TAQA access real-time business intelligence through SAP S/4HANA, which uses AI and analytics to support maintenance and planning. With this partnership, TAQA can serve its 1.7 million Egyptian consumers, to whom it delivers 7.3 billion cubic meters of natural gas and 1350 megawatt power. Kyndryl will host TAQA’s data-intensive SAP solutions on hyperscale cloud infrastructure to ensure security, enhanced application performance, and flexibility according to business needs.
“As TAQA Arabia continues to evolve its business, we’re working hand in hand to support its digital transformation strategy and help the company better serve the needs of its customers,” said Mahmoud Badawi, Managing Director of Kyndryl Egypt.