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Saudi Arabia’s ICT spending to reach SR43.7b by 2020

byCT Report
02/05/2016
in Latest News
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JEDDAH: Saudi Arabia is the largest economy within the GCC and home to some of the most prominent companies in the region. However, the country’s economy is undergoing a transition to keep up with the challenging global macro-economic environment, as well as to meet the government’s Vision-2030 strategy. A recent study, estimates that Saudi Arabia’s ICT Spend is set to grow to SR43.7 Billon by 2020; highlighting the government initiatives to create a sustainable, knowledge-based economy and improve delivery of services in the Kingdom.

Nexthink will participate in the 6th edition of the ‘Saudi Arabia CIO Summit 2016’ taking place from May 4-5 May at the Bay La Sun and Marina Hotel in King Abdullah Economic City.  Nexthink executives will address major challenges, opportunities, and priorities set to dictate the Saudi ICT investment landscape in the coming 12 months.

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In addition, Ghassan AlKhalout, regional director of Nexthink, will speak on the “Citizen Experience: The New Normal for Governments” panel discussion, focusing on the latest developments shaping Saudi Arabia’s government sector. This illustrates the growing influence of CIOs within the Saudi business landscape as they are fast emerging as the most prominent decision makers.  Tasked with shaping their company’s future and success, today’s CIOs are constantly challenged with the rapid advancements in technology and security issues.

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