IDC Steps Up Presence in Saudi Arabia with New Country Office
In a move confirming Saudi Arabia's status as a critical
area of focus for the world's leading ICT providers, International Data
Corporation (IDC), the premier global market intelligence and advisory firm for
the information technology and telecommunications markets, has stepped up its
presence in the Kingdom with the launch of a dedicated country office in
Riyadh. And in a further show of its commitment to serving the needs of the
Saudi ICT community, IDC also recently extended its flagship CIO Summit series
to the Kingdom, hosting a successful gathering of senior technology leaders at
Jeddah's InterContinental Hotel.
IDC has been present in the Middle East and Africa since the
mid-1990s, and launched a major expansion program in 2001 with the
establishment of its regional office in Dubai. This step was followed by new
IDC offices in offices in Istanbul, Johannesburg, Casablanca, Lagos, and
Nairobi. The latest addition in Riyadh represents the culmination of many years
spent developing close working relationships with the Kingdom's vendors and end
users, and comes as the world's premier IT vendors switch their attention to
the burgeoning emerging markets of the Middle East and Africa in general, and
Saudi Arabia in particular.
With a strategic focus on market intelligence,
consulting/advisory, and Go-to-Market services for multinational and local ICT
providers and end-users, IDC views the new Riyadh office as critical to
exploiting the immense growth potential that this shift presents. "IDC has
a proven track record of equipping organizations in Saudi Arabia with the
necessary tools to enable business expansion, and our new physical presence in
the Kingdom will only serve to enhance our capabilities in this respect,"
says Jyoti Lalchandani, Vice President and Regional Managing Director at IDC
Middle East, Africa, and Turkey. "As the largest and fastest-growing ICT
market in the Middle East, Saudi Arabia represents a key area of investment
focus for IDC, and we are looking forward to addressing the needs of an
ever-expanding network of clients within the country."
It was this positive outlook that saw IDC bring its flagship
CIO Summit to Saudi Arabia for the first time on September 25 and 26, having
enjoyed overwhelming success in Dubai over the past four years with the Middle
East CIO Summit, which is now widely recognized as the seminal event on the
region's ICT calendar. Benefiting from a much narrower focus than its
region-wide counterpart, the inaugural Saudi Arabia CIO Summit tackled the
issues of most specific concern to Saudi-based ICT executives, serving up
winning strategies for reigniting momentum, rejuvenating business operations,
and enhancing market share.
With more than 100 of the Kingdom's most influential IT end
users in attendance, the Saudi Arabia CIO Summit 2011 presented in-depth
analysis of key emerging trends such as cloud computing, datacenter management,
and infrastructure virtualization and offered advice from representatives of
the world's most pioneering technology providers on managing change within the
enterprise, measuring the ROI of IT-related expenditure, ensuring security in a
virtualized world, transforming the perception of IT from a cost to a profit
center, and aligning IT with the wider needs of the business. A total of 21
organizations – including STC, IBM, Microsoft, EMC, and Matco – partnered with
IDC for the Saudi Arabia CIO Summit 2011, a clear indication of the intense
interest currently surrounding the Kingdom's technology markets.
"IDC's CIO Summit series has built up an extremely
loyal following since its inception in the Middle East in 2008, and we were
delighted that so many senior ICT figures chose to support its arrival here in
Saudi Arabia," says Abdulaziz Al-Helayyil, Country Manager for Saudi
Arabia. "We are seeing an explosion of awareness in the Kingdom around the
role that IT can play in driving economic growth and greater business agility,
and this was reflected in the eclectic mix of vertical industries represented
at the event, which included manufacturing, banking and finance, government,
oil and gas, and education. The new office in Riyadh augments our ability to
capitalize on this growing awareness, presenting a myriad of opportunities for
our business in the Kingdom."
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