Saudi Arabia is biggest spender on Technology in MidEast: International Data Corporation

Saudi Arabia ranks first in the Middle East in terms of technology spending, announced the International Data Corporation (ICD) in a press conference on Tuesday.

The IDC, a global market intelligence and advisory firm for the information technology and telecommunication industries, outlined their plans for the upcoming Middle East summit on the 18th and 19th of February. The conference will take place under the name: ‘Seize the moment: transform, innovate, collaborate.”

Security issues and cyber-attacks were discussed during the preview press conference, along with the spending of Middle Eastern countries on technology.

The press conference panel, that included ICD officials as well as key figures in computer and security companies in the region, answered questions regarding the threat of cyber terrorism. They called for preventive methods rather than just responsive methods.

The soon-to-be held summit, which was introduced in 2008, will focus heavily on ‘third platform technologies’ such as smart handheld devices. Critical issues such as virtualization, business continuity and resiliency and collaboration will also be addressed