Wednesday 16 April 2014
 
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IT spend

Dollar, Europe debt woes ‘denting IT spend’

A stronger US dollar and public spending cuts in the indebted euro zone are weighing on global IT budgets, research firm Gartner said on Thursday, trimming its outlook for 2012. Gartner now expects global IT spending to rise 2.5 per cent t

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Airlines mull big spend on passenger IT

Airlines carrying 57 per cent of the world’s passenger traffic have reported a real increase in IT and telecom (IT&T) expenditure and are ready to spend big on passenger mobile services, said a report. Overall, operational IT&T spe

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Airlines ‘ready to spend big on passenger IT’

Airlines carrying 57 per cent of the world’s passenger traffic have reported a real increase in IT and telecom (IT&T) expenditure and are ready to spend big on passenger mobile services, said a report. Overall, operational IT&T spe

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Egypt’s IT spend 'may hit $2.6bn by 2014'

Egypt's IT spending is expected to increase from $1.4 billion this year to $2.6 billion by 2014, said an expert. “Egypt represents a high potential market for STME given the country’s strong economic growth and its increasing emphasis

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Financial sector 'to boost IT spending'

Spending on IT in the financial markets sector will experience positive growth in 2011 as companies look to improve performance and comply with new regulations, according to independent technology analyst Ovum. According to forecasts by Ov

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Saudi IT spend to hit $4.8bn by 2013

The IT expenditure of Saudi Arabia, the biggest IT market in the region, is expected to reach SR18.1 billion ($4.83 billion) by 2013, according to a report. Moreover, a growing interest by business organisations in technology solutions tha

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IT budgets 'set to return to normal levels'

Middle East business leaders now expect IT budgets to return to pre-downturn levels in the near future, says a report. In a survey conducted at the SAP User Group Middle East and North Africa (SUG-MENA) Executive Exchange meeting hosted at

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Gitex expects to draw top Saudi players

With Saudi Arabia accounting for nearly half of the total Middle East IT spend, Gitex Technology Week (Gitex), one of the largest ICT events in the region, expects to draw major Saudi buyers and exhibitors. This year, more companies than e

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UAE ICT spend to hit $15bn by 2011

The UAE's present ICT (information and communication technology) spend is around $11.4 billion and it will climb to $14.8 billion by 2011, according to Global Insight, economic and financial analysts, a report said. The UAE leads in IC

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