Saudi government sector tops IT training spend at around SAR 11,774 a month
Sustained focus on improving training programs is a key factor in ensuring the resilience of the Saudi Arabian market over the coming years, says Collaboration, Management and Control Solutions (CMCS), a leading provider of project and portfolio management solutions in the Middle East. The government sector is the Kingdom’s top IT training spender, outlaying an average of SAR 11,774 a month. Saudi businesses, on the other hand, spend around SAR 2,500 per month on IT-related training, whereas individuals paid out an average of SAR 185 per month, revealed CMCS citing the recent Madar Research report. The report also identified a huge discrepancy among small, medium and large enterprises, whose spending averages ranged from SAR 536 to 9,000 a month.
The report also showed that spending on IT-related training among Saudi businesses was slightly higher than that of the educational sector, which stands at around SAR 1,900 per month. CMCS has been monitoring IT training trends across the region and intends to launch additional modern project management training programs while enhancing existing ones to help Saudi businesses and individuals advance their skills and capabilities in IT and other project-driven fields.
“The Saudi government’s active role in enhancing the professional working environment through intensified IT training has helped sustain the overall economic wellbeing of the country. Saudi businesses are similarly uplifting the Kingdom’s robust markets through human resource investments. Our training programs will complement their efforts and hone the Saudi workforce so that it can competently manage projects and properly assess associated risks using the latest know-how and technologies available,” said Bassam Samman, CEO and Founder, CMCS.
CMCS has recently signed a SAR 4 million contract with SOFCON Group to offer project management solutions and services to all SOFCON’s projects in Saudi Arabia and the rest of the Middle East region. SOFCON is one of the fastest growing multi-disciplined engineering and project management (E&PM) providers in the region. The partnership agreement will help enhance SOFCON’s project management capacity in preparation for a projected annual growth rate of 3.5 per cent in the Middle East construction sector. In the Gulf, almost 70 per cent of registered projects are still ongoing, with active civil building developments alone worth over USD 1.3 trillion.
Technical training is a focal area within the Saudi market, where 30 per cent of students study in technical colleges. The Madar report determined that 58 per cent of educational and government companies provided IT training to their staff in 2009.
CMCS is the first organization to be authorized by Oracle University, the global educational arm of enterprise software company Oracle Corp., to deliver certified Oracle Primavera training programs in the Middle East. CMCS will be following up its successful training seminars in Qatar and Bahrain last February with similar sessions in the KSA, Egypt, UAE, Kuwait, Jordan, Oman, Libya, and Kenya throughout 2010. The year-long campaign will emphasize the importance of CMCS solutions from Oracle Primavera, Hard Dollar, Deltek, EcoSys, ADePT, eTimeMachine, and Synchro.
- CMCS inks major deal to build up SOFCON’s project management capacity
- CMCS signs MOU with American University of Beirut
- Skills investment is key to success of Saudi Arabia’s SAR 260 billion worth of planned projects in 2010
- CMCS launches operations in Qatar
- CMCS to set up new offices in KSA, Bahrain and Egypt in 2009