G42 Cloud and the Government of the Republic of Serbia sign a Memorandum of Understanding

With the Memorandum of Understanding, signed by Talal Al Kaissi, CEO, G42 Cloud and Mihailo Jovanović PhD, Director of the Office for IT and eGovernment, the signatories expressed interest in working on the joint development of artificial intelligence and cloud computing, especially in healthcare, business and finance sectors. Also, the Memorandum represents a starting point towards the potential implementation of hybrid cloud infrastructure in the State Data Centre in Kragujevac, which would improve the quality of eGovernment services, encourage the development of digital economy of the Republic of Serbia and offer modern cloud solutions to commercial users in Serbia and Southeast Europe.

“The Republic of Serbia has recognized the importance of the development of artificial intelligence and is taking the opportunity in the era of the fourth industrial revolution to become a regional technological and scientific leader. By constantly investing in innovations and knowledge, we ensure further economic growth and thus a better quality of life for our citizens. Investments in Serbia are increasingly developing in areas that require sophisticated knowledge and expertise, and less is invested in labour-intensive activities.”, said Mihailo Jovanović PhD, Director of Office for IT and eGovernment.

“The potential cooperation with G42 in the field of artificial intelligence development is another confirmation of all previous results of the Government of the Republic of Serbia and gives an opportunity for both parties to make a joint step forward and towards new innovative solutions and products,” he added.

Commenting on the MoU, Talal Al Kaissi, CEO, G42 Cloud said, “We are very pleased to sign this MoU with the Serbian government to enable digital transformation, build on Serbia’s national policy to implement cloud-based solutions and strengthen its technology ecosystem and talent.

“With this new alliance, we stand ready to foster knowledge sharing, implement a cloud-first strategy for Serbian businesses and enable digital transformation to drive long-term and sustainable value,” continued Al Kaissi.