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

Cairo, December 14, 2010

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 on information technology and IT services,” said Salah Abu Shaar, chief executive officer of STME, a leading information infrastructure solution integrator in the Middle East.

“Hence, it was imperative for us to meet with our customers here and provide them an update about the recent developments taking place at STME,” he added.

Abu Shaar was speaking at a special customer event in Cairo held to mainly highlight the changes that have taken place since the company’s acquisition in late 2009. During the event, STME also showcased its One Smart Solution concept.

The One Smart Solution model enables customers to benefit from the top technologies of various manufacturers and the expertise of the company’s installed base of 10 countries, all integrated into a single tailored solution.

During the event, STME also underscored the growing importance of storage and IT infrastructure and management solutions, especially since companies today are increasingly broadening their volume of digital information.

STME also pointed out how Egyptian organisations can benefit from the company’s comprehensive portfolio of advanced enterprise IT solutions and services. – TradeArabia News Service




Tags: Egypt | Cairo | STME | IT spend | One Smart Solution |

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