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FINANCIAL NEWS
UAE’s IT spending to hit USD8b by 2017
10 Sep 2014
(MENAFN) The UAE’s IT spending is set to top USD8 billion by 2017 due to businesses being expected to adopt technologies which will enhance the benefits for their customer, Saudi Gazette reported.
Business IT spending in the UAE is expected to increase by 74 percent to reach USD8.06 billion in 2018 compared an expected USD4.63 billion in 2014.
Public sector investment across government, education, and healthcare will drive the majority of business IT growth, along with finance, energy, and consumer device purchases.
“As the UAE sees widespread adoption of smart devices and the Internet of Things, UAE businesses, from entrepreneurs to government agencies, are deploying business intelligence solutions via mobile, the cloud, or apps,” Managing Director of SAP UAE said
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