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1. Telecom Vendors in Q1 ’23: Focus on Innovation With Increased R&D Spending: (Reports and Coverage); ... Benchmarks." Cisco Cisco's commitment to innovation is evident in its substantial increase in R&D spending, which surged by an impressive 36.55% year-on-year, reaching a total of US$2 billion. The company ...; Created on 26 June 2023
2. Escalating Needs and Expectations on Network Spending: (Reports and Coverage); The discussion regarding a cost-sharing framework between telcos and digital content providers is resonating ever louder in Europe. As the region faces an economic inflection point, building long-term ...; Created on 10 November 2022
3. With 5G, the Middle East Will Enjoy the Fruits of Digital Spending: (Reports and Coverage); By Daniel Kjellander, VP of Middle East, CSG For decades, countries in the Middle East have been known for their oil production and distribution. However, a few of its largest and most affluent countries ...; Created on 28 October 2022
4. Biggest Spending on Cloud Services Expected in Next Two Years: (Cloud and Enterprise Business); The Cloud is rolling over enterprise businesses. Among the enterprise IT leaders recently surveyed in research on cloud adoption, 73% believe that the biggest proportion of spending on cloud projects will ...; Created on 19 August 2022
5. MENA Governments to Increase Spending on Digitalization in 2022: (Reports and Coverage); ... and software ($2.56 billion). They are are set to increase their spending towards digitalization efforts in 2022, enforcing policies on various sectors like telecommunications, healthcare, transportation, ...; Created on 14 June 2022
6. Public cloud spending to hit nearly $600 billion in 2023: (Reports and Coverage); Cloud is said to be the powerhouse that drives today’s digital organizations, in relation to the latest worldwide end-user spending forecast on public cloud services. Gartner's data reveals a 20.4% ...; Created on 20 April 2022
7. KSA’s annual spending on cybersecurity expected to reach SAR 3 billion: (Reports and Coverage); ... in the size of the cybersecurity market. In light of the digital transformation that the Kingdom is witnessing, the annual spending is reaching 13% and a spending volume of 3 billion Saudi riyals (SAR) ...; Created on 29 November 2021
8. MENA’s rapid digitalization boosts IT spending to $171 billion in 2021: (Reports and Coverage); According to the latest forecast by Gartner Inc., the Middle East and North Africa (MENA) region will significantly increase its growth by 4.5% in 2021 as a result of an estimated IT spending worth over ...; Created on 26 April 2021
9. Global IT spending to reach $4 trillion in 2021: report: (Reports and Coverage); Worldwide IT spending is projected to total $4.1 trillion in 2021, an increase of 8.4 percent from 2020, according to the latest forecast by Gartner, Inc. Business departments outside IT will generate ...; Created on 08 April 2021
10. Enterprise spending on cloud surged to almost $130 bln in 2020: report: (Cloud and Enterprise Business); According to the findings of Synergy Research Group, enterprises are continuing to spend heavily on cloud infrastructure. In fact, this spending grew by 35% in 2020 to reach almost $130 billion. On ...; Created on 21 March 2021
11. IT spending in Saudi market to top $11 billion in 2021: (Reports and Coverage); Overall spending on information and communications technology (ICT) in Saudi Arabia is set to reach $32.9 billion this year, up 1.5% on 2020, according to an international market intelligence firm. According ...; Created on 27 January 2021
12. Global cloud spending grows 33% in Q3: (Reports and Coverage); A confluence of existing factors driving cloud transition has been further accelerated by the COVID-19 crisis. As a result, cloud spending rose another 33% year on year to $32.8 billion during the third ...; Created on 01 November 2020
13. Cloud spending reaches $29 billion in first quarter: (Reports and Coverage); Spending on cloud infrastructure services grew 37% year-on-year to $29 billion during the first quarter of 2020, according to a report by Synergy Research Group. The revenue jump was at the size expected ...; Created on 04 May 2020
14. Gartner projects global IT spending to reach $3.7 trillion by 2018: (Reports and Coverage); Worldwide IT spending is projected to total $3.7 trillion in 2018, an increase of 6.2 percent from 2017, according to the latest forecast by Gartner, Inc. "Although global IT spending is forecast to ...; Created on 24 April 2018
15. Saudi telecom services spending reached $36bn in 2017: (Reports and Coverage); The Kingdom of Saudi Arabia saw spending on telecommunications and information technology services in 2017 reaching more than 146 billion Saudi riyals ($36 billion), according to the Saudi Communications ...; Created on 19 March 2018
16. Blockchain spending in MEA expected to double in 2018: (Reports and Coverage); Spending on blockchain solutions in the Middle East and Africa (MEA) is set to more than double this year, according to the latest insights from International Data Corporation. The global technology research ...; Created on 18 February 2018
17. Cyber threats hike up security spending: (Reports and Coverage); The evolution to digital business strategies and an increased awareness of emerging cyber threats will boost global security spending by 8 percent in 2018 to reach $96.3 billion, research firm Gartner ...; Created on 18 December 2017
18. Amazon Reports Strong Growth in Q4 and 2024: (Cloud and Enterprise Business); ... acknowledging the uncertainties due to various unpredictable factors including fluctuations in foreign exchange rates, changes in global economic and geopolitical conditions, customer demand and spending ...; Created on 10 February 2025
19. Etihad Salam Telecom Company’s Strategy for a Smarter Saudi Arabia: (Exclusive Interviews); ... spending could witness a CAGR of 23% through 2029. These advances in the technological landscape underscore Etihad Salam Telecom Company's ongoing commitment to innovation and growth in delivering next-gen ...; Created on 10 February 2025
20. GCC's Rapid AI Adoption Signals Software Development Innovatio: (Reports and Coverage); ... into their software development lifecycles. This trend is bolstered by substantial regional investments, with IT spending expected to grow by 7.4% to reach USD 230.7 billion by 2025. Early applications ...; Created on 27 January 2025

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