Having the right knowledge is essential to the development and growth of any company. But having the right knowledge depends entirely on the quality of source data.
With its unmatched resources, MEED Insight is uniquely positioned to provide the right actionable intelligence to your business.
This new report by MEED Insight offers you:
- Insight into the type of projects that remain a high priority throughout the region
- Analysis of major ICT projects awarded in the region
- Understanding of the effects of the volatile economic situation and fiscal policies on the sector
- Opportunity analysis for ICT suppliers and the possibility of increased spending on ICT projects
- Insight into the key suppliers in specific segments such as telecommunications and enterprise resource planning (ERP)
This unique report will enable you to acquire unparalleled insight into the adoption of ICT solutions by the six GCC states.
The value of ICT projects that were awarded and announced by the across the six GCC states during the first half of 2010 has already exceeded the value of similar projects for the whole 2009 by over 7 per cent. This trend points to a strong recovery within the sector, which was severely hit by the recent global economic slowdown.
This impressive growth has been led by a surge in telecommunications spending. At $1.9bn, the estimated value of telecom contracts during the first half of 2010 has exceeded the value of projects that were announced during the first half of 2009 by over 250 per cent, and the whole of 2009 by over 18 per cent. In comparison, the value of awarded IT projects and contracts during the first half of 2010, at an estimated $283m, exceeded those announced during the first half of 2009 by a much smaller 10 per cent.
The GCC ICT Projects Outlook & Review report, contains data based on more than 400 major IT and telecom projects that were announced and executed across the six GCC states between Q1 2009 and Q2 2010. “This report, based on actual data, paints a rare and realistic assessment of how project spending in ICT has fared in the region amid the massive delay in project deliveries and major clients delaying their purchase decisions as a result of an extremely volatile economic environment,” says Jennifer Aguinaldo, research analyst at MEED Insight.
The combined pressure to retain customers by introducing more innovative and affordable services to keep profits from declining was among the primary reasons behind the telecom operators’ decision to upgrade their fixed and mobile infrastructure. On the other hand, project spending in IT is driven by a more varied combination of factors. These include projects to build data centres in some of the biggest government and private corporations, installation of “smart” communication infrastructure in large development projects, as well as the sustained government spending on ICT infrastructure within key sectors that deliver social services such as healthcare and education.
In addition to providing a brief description of more than 400 ICT projects across the six GCC states, the ICT Projects Review report also provides a list of tendered ICT projects in the GCC states, the majority of which will likely to be awarded during late 2010 or early 2011. The ICT projects are classified under four major segments: Communications and Networking, IT Services and Software, Managed Services and Computer Equipment. Through this report you will:
- Benefit from valuable and objective analysis
- Gain insight from current and future prospects in this evolving sector
- Prepare more effective strategic plans and programmes
About MEED Insight:
Thanks to its own projects tracker, MEED Projects, MEED Insight has access to unparalleled, up-to-date information on the region’s projects market. We can provide companies with:
- Details of all major projects within a given market or sector, including their scope
- Contacts for clients, contractors and suppliers
- Information on key clients and their tendering processes
- Information on how to register with clients and prequalify for projects
- Forecasting of future projects
MEED Insight has access to a wealth of regional data ranging from broad macroeconomic statistics to sector-specific information. We can obtain and analyse data on a specific market or industry to help companies gain an insight on market size and potential
MEED Insight also offers a series of off-the-shelf reports on a range of different sectors and industries. The information compiled for these reports comes from a variety of sources, including MEED magazine, MEED.com, MEED Events and MEED Projects, as well as primary and secondary research.
Our current off-the-shelf reports include:
- GCC Projects Forecast & Review 2010
- Power & Water in the GCC 2010
- Libya Power & Desalination
- Middle East Steel 2009
- Wastewater in the GCC
- Middle East Cement 2009
- MENA Mining 2009
- MENA Aluminium 2009
- GCC District Cooling
- GCC Economic Outlook
To find out how MEED Insight can help you gain critical business insight, please submit your details on our contact form:
- Telephone: +971 (0) 4 367 1302