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Saudi ICT to spend near $37bn in 2015

IT services in the world will see the fastest growth in 2015.  Spending on ICT products and services in Saudi Arabia will increase by nearly 5% in 2015, to a total of $36.95bn, according to International Data Corporation’s newly released predictions for the year ahead.

This year will know growing interest in hybrid cloud solutions as the flexibility of the model begins to resonate with Saudi business companies looking for viable and effective data handling systems between on premise technology and remotely delivered services.

“Over the coming 12 months we expect organisations in Saudi Arabia to increase their investments in the third-platform technologies of cloud, mobility, analytics, and social networking,” says Abdulaziz Al-Helayyil, IDC’s regional director for Saudi Arabia, Kuwait, and Bahrain, and “we expect Saudi organisations to increase investment in Third-Platform technologies.”

He also adds :

“The expanding use of applications, mobile devices, social media, and other technologies will result in an explosion of data within many Saudi organisations, leading many of them to invest in storage infrastructures, data mining, and analytics applications.  As such, demand for storage devices, Business Intelligence tools, and backup and recovery solutions is expected to remain high in 2015.”

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