IDC Middle East CIO Summit under way
At least 120 chief information officers (CIOs) from across the Middle East have gathered here to discuss security and management issues affecting the IT industry with officials of a global market intelligence company.
In a statement, the International Data Corporation (IDC) said that it expects the two-day IDC Middle East CIO Summit that opened yesterday to "spur long-term professional friendships and business relationships" among participants.
It also said that the summit was created to address the IT's rapid inroads into business, industry and government, and the need for strong technology leadership. "The position of CIO is still relatively new and technology is changing so fast that management traditions have not yet been established," it stressed.
It said that in the past five years IT spending has more than doubled in most Middle Eastern nations, and that future growth will continue to be in double digits.
IDC said earlier that total investment in IT spending in the Middle East and Africa could reach Dh148.7 billion ($40.5 billion) this year, a 13 per cent increase over 2007.
In the Gulf region it could reach Dh33.4 billion ($9.1 billion). Source
In a statement, the International Data Corporation (IDC) said that it expects the two-day IDC Middle East CIO Summit that opened yesterday to "spur long-term professional friendships and business relationships" among participants.
It also said that the summit was created to address the IT's rapid inroads into business, industry and government, and the need for strong technology leadership. "The position of CIO is still relatively new and technology is changing so fast that management traditions have not yet been established," it stressed.
It said that in the past five years IT spending has more than doubled in most Middle Eastern nations, and that future growth will continue to be in double digits.
IDC said earlier that total investment in IT spending in the Middle East and Africa could reach Dh148.7 billion ($40.5 billion) this year, a 13 per cent increase over 2007.
In the Gulf region it could reach Dh33.4 billion ($9.1 billion). Source
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