“The Saudi ICT market is grappling with a wave of new digital transformation realities. The growth we are seeing in ICT spending is primarily being driven by an increased focus on giga projects and smart governance. These initiatives are spurring the adoption of artificial intelligence, robotics, the Internet of Things, cloud, blockchain, and a host of other emerging technologies as both the public and private sectors look to create synergies, cut costs, increase safety, and optimize processes across verticals in a whole new way.”
-Hamza Naqshbandi, International Data Corporation (IDC) country manager for Saudi Arabia, discusses Saudi Arabia’s ICT sector at the recent IDC Directions 2020 conference in Riyadh. IDC forecasts ICT spending to top $37b in 2020, up over 4% on the previous year. [IDC.com]