Wednesday , 24 July 2019

Tag Archives: Spending

A ringing success: Saudi spending on telecom services hits $36 billion in 2017

Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended reading to start your working day The volume of spending on telecommunications and information technology services in Saudi Arabia reached more than 136 billion Saudi riyals ($36 billion) last year, according to official sources. The revenues from telecommunications services also amounted to about 70 …

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Lines of Business Now Funding More than 40% of Enterprise IT Spending as Digital Transformation Sweeps Across the Middle East & Africa

The influence of lines of business (LoBs) over enterprise IT spending in the Middle East and Africa (MEA) continues to grow, according to the latest insights from International Data Corporation (IDC). The firm’s recently published ‘Worldwide Semiannual IT Spending Guide: Line of Business’ shows that 40.5% of the region’s total enterprise IT spending for 2015 stemmed from business functions rather …

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ICT Spending to Top $260 Billion in 2016 as Digital Transformation Initiatives Take Hold Across the Middle East, Turkey, and Africa

ICT spending in the Middle East, Turkey, and Africa (META) will top $260 billion in 2016 as organizations across the region increasingly embrace digital transformation initiatives in a bid to streamline their costs and bolster their flexibility. That’s according to global technology research and consulting services firm International Data Corporation, which today hosted an event at Dubai’s Madinat Jumeirah to …

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Cloud Spending to See Huge Growth in 2015 as Growing ICT Maturity Spurs Saudi Businesses to Embrace Managed Services

The outsourcing, managed services, and datacenter services market in Saudi Arabia is expected to total $570.6 million in 2015, according to a recent study published by International Data Corporation (IDC). The market is set to grow 16.2% year on year, primarily driven by increased spending on network and desktop outsourcing, , and hosting infrastructure services. The cloud market, in particular, …

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