Saudi Arabia and Qatar sign agreement to avoid double taxation    Saudi and Chinese foreign ministers meet in Beijing    Saudi Arabia to participate in Beijing International Book Fair 2024 as guest of honor    Aramco acquires 40% stake in Gas & Oil Pakistan    ROSHN revamps Waterfront walkway in Jeddah    Unstoppable OMODA & JAECOO global export sales volume surpassed 220,000! Now joining the KSA market with their pre-sales campaign    Moscow warns West after Ukraine told it can hit Russia with Western weapons    Trump found guilty in hush money trial    US and UK carry out strikes against Houthi targets in Yemen for first time in months    Bangladeshi pilgrim's life saved after suffering from heart attack    Transport minister opens 2nd Ring Road costing SR660 million in Jeddah    Jail for 4 Arab nationals for sexually harassing an Asian expat    Cristiano Ronaldo collects 2023-24 RSL top scorer award    Al Hilal's Bono named best goalkeeper of Saudi League    Saudi Pro League fan turnout up by 11% in 2023-24 season    Jorge Jesus wins Saudi League Manager of the Season award    Diriyah Contemporary Art Biennale concludes with massive attendance    Man opens ice cream shop in seaside telephone box    Nepali climber sets record for fastest ascent of Mount Everest by a woman    World's rarest album to go on display in Australia    JK Rowling in 'arrest me' challenge over hate crime law    Trump's Bible endorsement raises concern in Christian religious circles    Hollywood icon Will Smith shares his profound admiration for Holy Qur'an    We have celebrated Founding Day for three years - but it has been with us for 300    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



MENA IT spending to hit $4.3b this year
Published in The Saudi Gazette on 11 - 06 - 2010

The IT sector in the Middle East and North Africa (MENA) is touted to see a growth of 11 percent in 2010 with IT spending reaching over $4.3 billion, according to a report from International Data Corporation (IDC). The region will continue to see double-digit growth in IT spending until 2013, compared to just 2.5 percent in the world's developed markets, the report added.
Against this backdrop, APC by Schneider Electric, global leaders in integrated critical power and cooling services, said early this week that it anticipates a busy summer in the Kingdom of Saudi Arabia. The company's bouquet of consultancy services and project management solutions which meets the IT industry's increasing dependence on cooling systems, will be in higher demand given that there is an increased requirement for cooling services in the summer to maintain the efficiency of high-density servers in an environmentally responsible manner, the company added.
Jeff De Sousa, country vice-president APC by Schneider Electric - Saudi Arabia, said: “The projected growth by the IT sector coming mostly from the MENA region is set to contribute to nearly 17 percent of the global industry growth. The increasing demands from the industry have contributed to the added pressure on data centers to house high-density servers, while the global shift towards environmental responsibility makes it critical for the region to adhere to stringent guidelines. This makes the region more vulnerable to international market research firm IDC's projections that energy and cooling expenses will grow eight times faster than the amount of money spent on purchasing new servers through 2011.”
“Historically, we've experienced a spike in demand for support services and maintenance during the summer months,” De Sousa added.
The global leader in integrated critical power and cooling services has also alerted its customers about the potential damage “overvoltage” can cause during extreme weather conditions, especially during the summer months, resulting in short-circuit or fire.
Area limitations and escalating rental costs have motivated a shift toward server consolidation and high-density applications using the same floor space by using 1U and blade servers or virtualization technologies. However, the high-density servers required to support such technologies produce greater heat, requiring sophisticated cooling services to keep them going and increasing cooling costs considerably. The majority of existing data centers (and some of the new ones being built) are not suitable for operating high-density systems, while the potential cost of reorganizing them is very high, according to industry estimates.
APC by Schneider Electric sees a healthy growth for surge protectors and uninterrupted power supply systems in the Middle East during the summer months.
According to market research, the combined Middle East and Africa UPS market was estimated to be worth $282 million in 2007 and is forecast to grow to $488.4 million by 2012, a CAGR of 11.6 per cent, significantly outpacing the worldwide average.
De Sousa said: “Growth drivers in the region for surge suppressors and UPS systems are basic IT and infrastructure investments in office and home-office environments, voltage fluctuations and power cuts, especially during summer months, and a general awareness on the need to protect data and expensive electrical devices.”


Clic here to read the story from its source.