Saudi spending on IT to hit $13 billion in two years

http://en.wikipedia.org/wiki/Saudi_Arabia

A survey of CIOs by Gartner’s Executive Programs reveals that enterprises in the Middle East, specifically Saudi Arabia are increasing IT budgets expected by 14.3 percent this year. Areas of priority for the kingdom are seen as cloud computing, virtualisation and e-Government.

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Story added 21. March 2012, content source with full text you can find at link above.