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UAE IT sector to be worth USD2.2 billion by 2008

United Arab Emirates: Thursday, December 14 - 2006 @ 15:56

Surprisingly, Abu Dhabi is emerging as the biggest IT spender in the UAE with total IT spending in 2005 valued at $ 769 million (46.89 percent) of the market. The country’s total IT market value is expected to grow at a compound average growth rate to over $2.2 billion by end 2008.

This information was revealed during the launch of Microsoft windows Vista in Abu Dhabi in an interview with Mr. Feras Al Jabi, General Manager of ITQAN, one of the largest UAE based IT system integrators and the leading golden partner to Microsoft in the gulf with 7 competencies. The event was attended by most of the IT specialists in the city. ITQAN been one of the first Microsoft Partners who managed to implement the new technology before it’s even launched officially, and got a deal with etqm on the same subject, ITQAN been committed as partner to Microsoft technologies sine 1991and today we are participating in this launch along with our partner Microsoft

Al Jabi highlighted that ITQAN had invested in the latest MS technologies prior to it’s availability in the market by qualifying it’s business consultants and technical team as well as it’s sales team to be ready at early stage for the new solutions. This was materialized by the recent awarding of three prestigious projects in eTQM College. ITQAN ability to present the benefits of the new solutions in getting people connected, helping drive innovation, streamline business processes and establish a full collaboration environment for all college’s students was the differentiator. ITQAN today is fully ready to help UAE customers in leveraging the most out of the new MS solutions for automating their business.

“Of the four IT sectors—Software Products, IT services, Computer Equipment, and Data Communications, IT services will be the fastest growing sector with a compound average growth rate of 11 percent,” Al Jabi said. He added that software products rank last among the four IT market sectors in terms of size. “Software product value is expected to rise to $345 million in 2008,” according to the market projections he said.

ITQAN which is a member of ALBAWRDI ENTERPRISES was established in 1984 as an IT company offering Hardware and Networking products. It was reselling Compaq, Microsoft and Oracle. The company has now evolved into a solution provider and system integration company where the main objective is to deliver value-added solutions to the UAE market for mid-sized companies and enterprises.

The company also provides Horizontal solutions such as infrastructure, networking and security solutions as well as ERP, knowledge management, and business process Automation solutions.

As part of its intention to move towards System integration, ITQAN also invested in various customized/localized applications for e-government and ERP. It has also two successful initiatives; E-Diwan and E-Kawader, which were successful in the market and have distinguished ITQAN from others in the market.

With regard to the latest developments related to IT applications in the Middle East, Al Jabi said that the new developments have evolved rapidly from Imaging/Archiving solutions to Enterprise Portal/Content Management Systems. He sees the region becoming more sophisticated very quickly as it is driven by the desires of both business and government towards a ‘Digital Economy’.

Al Jabi forecasts that the future of the IT industry in the UAE in the coming five years will be demanding. The growing complexity of the IT systems and the competition amongst companies which provide a value added solution services and integrated solutions, are the main reasons.

Al Jabi further noted that Microsoft, as a market leader in delivering infrastructure solutions and information solutions has come up with platforms that a customer uses to design, develop, deploy and manage applications to run their businesses. He said that the global trend toward consolidation of companies will be beneficial to customers.

He said that the IT sector must cope with many challenges such as technology change, security, competition, cost reduction, connectivity, business result, end user productivity, keeping business up and running and regulatory compliance.

Al Jabi said the top market drivers in the Knowledge Management IT industry are increasing productivity, increasing efficiency, collaboration, business process automation, ease of connectivity, driving business growth, the pace of rapid innovations in the sector as well as deepening the relationships with costumers.

Al Jabi also expects that services related to storage, security, e-government, archiving, document management in addition to information technologies professional services, training, integrated systems and technical support will witness massive growth in the near future. This growth will be encouraged through the growing demand for technology systems which are based on strategic consultation and unified technology applications that are especially designed to respond to the advanced work requirements.

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Thursday, December 14- 2006 @ 15:56 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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