Two leading GCC firms invest in IT integrator Omnix International
Omnix International has announced that Havenvest Private Equity Middle East Limited (formerly known as HSBC Private Equity Middle East)Read More…
Omnix International has announced that Havenvest Private Equity Middle East Limited (formerly known as HSBC Private Equity Middle East)Read More…
HP today announced the opening of HP World 2013, under the patronage of His Excellency Eng. Abdullah Al-Darrab, Governor of the CITCRead More…
IBM announced the official opening of its 10th global security operations center (SOC) in Riyadh, Kingdom of Saudi ArabiaRead More…
Does Saudi have the required infrastructure and the capabilities to become technologically self-sufficient? As it stands the availability of local companies and skilled professionals to carry out all ICT related services and operations, means outsourcing is the way forward.Read More…
Sandisk, grew its business significantly in the Kingdom of Saudi Arabia as its unit sales witnessed a growth of 38% last year, whereas the first quarter of 2011 saw Sandisk unit exploded by 509 percent as compared to the first quater of year 2010. Sandisk MEA reinforced its commitment to the kingdom with the appointment of Binoi Verghese as the National Account Manager in Saudi Arabia and increased its focus to bolster SanDisk’s retail presence by working closely with its distributor Ahmed Abdulwahed Trading Company.
Kingdom of Saudi Arabia acknowledged the potential of ICT industry with the Shura Council eyeing to raise the industry’s contribution to the level of 20 per cent of national GDP by 2020. Reaffirming the government’s robust ICT outlook, recent studies have projected Saudi Arabia’s software market to reach a value of USD 675 million during the current year, up from USD 611 million in 2010 and poised to maintain a healthy growth rate in the succeeding years, while the IT services market is expected to reach USD 1.1 billion this year and sustain a compound annual growth rate (CAGR) of 9 per cent during the 2011 – 2015 period.Read More…
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