12 March, 2013
Is The Middle East The Next Big Market For Cloud Computing?
As cloud computing technology reaches a saturation point in North America many in the space are beginning to look at other markets to supplement growth prospects. According to IDC, the Middle East could be the next major market to adopt cloud computing. A recent report by IDC expects total spending on cloud delivery in Saudi Arabia to increase 34.86 percent year on year in 2012 with long term spending to expand at a compound annual growth rate of 49.7 percent between 2012 and 2016.