Middle East IT spending growth doubles US, Europe
Annual Information Technology (IT) spending growth in the Middle East is more than 20 percent, compared to less than 10 percent for the US and Europe, asserted a recent release by Computer Associates (CA) Middle East, a regional provider of eBusiness software solutions.
The company expects to capitalize on that growth, especially as the region’s development in education, market liberalization and information and communication technologies infrastructure continues to increase.
The CA Middle East office reported revenue growth of 30 percent for 2001, with consistent growth of more than 25 percent over the last three years, according to a company press release. The company attributed most of its gains to increased regional demand for leading-edge technology offerings, as well as an enhanced focus on partner and customer development initiatives.
“We have recognized the need for a different approach to the next generation of eBusiness, and our corporate product branding reflects the region’s shifting demand for infrastructure and information management solutions. From enterprise management, security, and storage to application life cycle management, data management and application development, and portal and business intelligence, CA Middle East is prepared to meet the needs of the Middle East’s rapidly growing IT marketplace,” said CA Regional Marketing Manager Abdul Karim Riyaz.
Computer Associates Middle East (CA-ME) employs more than 50 persons and maintains offices in Bahrain, Kuwait, Khobar, Jeddah and Riyadh in Saudi Arabia—its regional headquarters, as well as Abu Dhabi and Dubai in the United Arab Emirates (UAE). Founded in 1976, CA serves organizations in more than 100 countries, including 99 percent of the Fortune 500 companies. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
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