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KSA IT Market To Hit USD 4 Billion In 2010, To Remain Largest In Gulf
Published Mar 28, 2010
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The Kingdom of Saudi Arabia’s (KSA) IT businesses are set to generate revenues of around USD 4 billion in 2010 and retain the country’s status as the largest IT market in the Gulf. The local sector is further expected to maintain a strong growth rate of 10 percent through 2013.
Al-Falak Electronic Equipment & Supplies Co., a leading provider of technology-based end-to-end solutions in the Middle East, plans to sustain its leadership in the thriving Saudi IT market by expanding its product and service portfolio, reinforcing its position as a system integrator, and focusing on added value for customers. Al-Falak’s planned activities for 2010 include building up its talent pool and maintaining the active participation of KSA Nationals who form over 55 percent of its workforce. The company also intends to continue pioneering Corporate Social Responsibility initiatives throughout the Kingdom.
“Our ultimate commitment is to our customers, so our primary goal this year is to significantly enhance the quality, accessibility and diversity of our services. Our customer-focused philosophy has been our main competitive edge so we intend to develop more value-added offerings similar to our e-Catalog online purchasing system and Business Computer Leasing services. While the KSA IT sector is the largest in the region, it is also a highly competitive market, so we need to sustain high levels of creativity, excellence, customer relations, and responsible community engagement if we want to keep our large share in it,” said Ahmed Ashadawi, CEO and President, Al-Falak.
Among the company’s other multidimensional growth and expansion plans for the coming 12 months are the establishment of new strategic partnerships and the delivery of internal competency programs in key areas such as e-commerce. Al-Falak has almost 30 years of experience and expertise working with some of the world’s most recognized information and communications technology companies, including SAS, HP, Oracle, and Microsoft. Its consultancy and customized technology solutions range from systems integration and enterprise resource planning to data networking and electronic commerce.
For more information:
Orient Planet PR & Marketing Communications
PO Box 23345, Dubai, UAE
T: +971 4 3988901
F: +971 4 3988941
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www.orientplanet.com
Posted by
VMD - [Virtual Marketing Department]
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