Government ICT spending to see strong growth in Saudi Arabia as Kingdom pursues robust digital transformation agenda

The drive to fulfill Saudi Arabia's DX potential is a clear indication of the government's maturity vis-à-vis public administration and service delivery

  

Riyadh – Government organizations in Saudi Arabia are expected to spend $2.13 billion on information and communication technologies (ICT) in 2020, a 6.1% increase on the anticipated spend for this year. The latest forecast from global technology research and consulting services firm International Data Corporation (IDC) shows that government ICT spending in Saudi Arabia will increase at a compound annual growth rate (CAGR) of 6.4% over the 2018–2023 period, outperforming the overall enterprise market's CAGR of 4.7%.

"As the Kingdom continues to pursue the goals of its National Transformation Program (NTP), much of the government's ICT spending focus will be directed towards digital transformation (DX) enabling technologies," says Massimiliano Claps, IDC's Research Director for Government Insights across Europe, the Middle East, and Africa. "In this era of rapid evolution, pressures on resources and structural changes across government agencies can constrain opportunities. Given that the Saudi government is at the forefront of driving DX in the Kingdom as part of its ambitious Saudi Vision 2030 initiative, the need for a comprehensive platform that addresses the various aspects of DX in government is more pressing than ever before."

The drive to fulfill Saudi Arabia's DX potential is a clear indication of the government's maturity vis-à-vis public administration and service delivery. Indeed, the Kingdom has made significant improvements on the Global Competitiveness Index 4.0 published by the World Economic Forum, rising to 36th in the latest edition after seeing considerable improvements in the innovation ecosystem category. This is a clear indication of greater government maturity across administration, public services, and the country as a whole.

"Responding to changing citizen needs through process innovation continues to be the driving force behind government transformation in Saudi Arabia," says Hamza Naqshbandi, IDC's Country Manager for Saudi Arabia and Bahrain. "The quest to deliver seamless, data-driven citizen experiences by leveraging innovative technologies is a major focus area, while the need to maintain state security, ensure economic stability, and regulate key aspects of technology proliferation remain key challenges. But, as the Kingdom rapidly approaches the business end of government transformation, strategies are being built, fine-tuned, and executed to address some of these challenges, a process that will help to develop a thriving digital society and catapult Saudi Arabia further into the future."

IDC's upcoming Saudi Arabia Government Congress 2019 will explore these strategies – and the challenges they've been designed to overcome – in great detail when it convenes on Tuesday, December 10 during at the Crowne Plaza Riyadh RDC Hotel & Convention. Combining informative panel discussions, robust case studies, and essential insights from influential industry thought leaders, the event – hosted in association with IDC Government Insights – will provide expert guidance on delivering effective citizen experiences through digital transformation.

IDC's partners for the Saudi Arabia Government Congress 2019 include Riverbed as PremierPartner; DETASAD, AEC, MIS, and OpenText as PlatinumPartners; and ITB as ExhibitPartner.

For more information about the event, please visit www.idc.com/event/ksagov19.

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.


More From Press Releases