-
Senior Business Development Manager – IT Solutions
Industry: IT & Telecoms
Location: Dubai, UAE -
Group International Wholesale Synergies Analyst
Industry: IT & Telecoms
Location: Abu Dhabi, UAE
Work in progress
by This email address is being protected from spam bots, you need Javascript enabled to view it on Tuesday, 20 May 2008
Think of Egypt and the chances are that images of colossal monuments to long-dead Pharaohs or lonely feluccas sailing down the Nile will spring to mind.
But when it comes to the IT industry the channel has a different vision - one of untapped potential, regional importance and a chance to make a mark on a fertile landscape.
Out of all the African nations the Egyptian IT market has always been the one that has held the most potential and interest in terms of channel development.
In recent years the government, under the guidance of previous Egyptian Prime Minister Dr. Ahmed Nazif, introduced many positive catalysts for growth and change.
Almost three years ago Nazif implemented tax reforms and privatised large enterprise organisations. Government spending over the last year has accounted for almost a third of all IT spending on services.
It also set up the Information Technology Industry Development Agency, which if some commentators are to be believed has had a profoundly positive effect on the IT business and helped attract some high-profile names.
An analysis of the PC market carried out by research house IDC classifies Egypt as one of the most promising markets in the Middle East and Africa region thanks to its large population, improving economy and attractiveness to foreign investors.
IDC expects the Egyptian PC market to expand at an average annual rate of 16.5% in volume and 16.2% in value through to 2011, as economic stability in the country promotes greater PC purchasing.
Despite worries that Egypt is not developing mature habits, IDC also revealed that notebook shipments have skyrocketed in recent times with unit shipments doubling year-on-year.
The concerns of those who believe the Egyptian market is performing below its potential are well founded though.
IDC also looked at the deployment of value-added and support services - the type of business development expected of a mature market - and found Egypt wanting of a greater investment.
"Most companies in Egypt lack the financial resources necessary to invest in IT services," said Vladimir Kroa, research director for IT business services at IDC CEMA.
"Many of them have not yet finalised their IT infrastructure - hardware and software systems that need to be in place before a firm begins contracting more sophisticated third party IT services. Finally, Egypt is an emerging economy meaning it is difficult for firms to align their IT processes with their business objectives."
TOP IN MIDDLE EAST TECHNOLOGY
TOP MIDDLE EAST BUSINESS STORIES
ALSO IN MIDDLE EAST TECHNOLOGY
LATEST MIDDLE EAST BUSINESS FEATURES
USER COMMENTS (0 COMMENTS)
CLICK HERE TO POST A COMMENT
RELATED STORIES
Acer Computer LTD
- Think small - choosing the right vendor
24 Aug '08 | Comment - Defending the humble PC desktop
17 Aug '08 | Interviews - Acer names second Egyptian executive partner
24 Jul '08 | News
Information Technology Industry Development Agency (ITIDA)
- ITIDA focus on Egypt IT
8 Sep '07 | News
Sun Microsystems
- Saudi Airlines picks SAP and Sun for overhaul
6 Jul '08 | News - Sharjah school dumps high-cost software for open-source applications
2 Jun '08 | News




