Middle East IT Spending to Reach $214.7 Billion In 2015

10 years ago

Every Business Unit is becoming a “Technology Startup”

Middle East (ME) IT spending is projected to reach $214.7 billion in 2015 a 5.2 percent increase from 2014, according to the latest forecast by Gartner. Peter Sondergaard, senior vice president and global head of research at Gartner, provided the latest outlook for the IT industry today to an audience of more than 500 CIOs and IT leaders at Gartner Symposium/ITxpo, which is taking place here through May 21.

“Business intelligence and analytics, infrastructure and data center, and cloud are the Top 3 CIO technology priorities in the Middle East region,” said Mr. Sondergaard. “Sensor/Internet of Things (IoT) are on the radar with no action planned and/or is in the medium to long term planning. Robotics and 3D printing are not priorities in the Middle East in 2015.”

“The impact that the digital business economy is having on the IT industry is dramatic. Since 2013, 650 million new physical objects have come online. 3D printers became a billion dollar market; 10 percent of automobiles became connected; and the number of Chief Data Officers and Chief Digital Officer positions have doubled. In 2015, all of these things will double again,” said Mr. Sondergaard.

Bimodal IT fills the digital divide between what IT provides and what the enterprise really needs. Mode 1 is traditional, and the systems that support them must be reliable, predictable, and safe (like a great IT organization). Mode 2 is nonsequential, emphasizing agility and speed (like a startup) because disruption can occur at anytime. Mr. Sondergaard used the example of smart machines to highlight the disruption caused in digital business.