TechNavio recognizes the following companies as the key players in the IT Market in the MEA region: Dell Inc., Hewlett-Packard Co., IBM Corp., and Oracle Corp.
Commenting on the report, an analyst from TechNavio’s team said: “One of the main trends witnessed in the IT market in the MEA region is the increasing adoption of virtualized environment. Organizations in the MEA region have started realizing the significant benefits associated with IT virtualization. Server virtualization technology, where a physical server acts as many servers, enables organizations to reduce the number of actual physical servers in their data centers. This in turn helps organizations develop an economical cost structure by reducing their physical hardware costs and their energy costs for the infrastructure. This is also one of the most popular ways for organizations to adopt green IT initiatives.”
According to the report, one of the main factors driving the market is the increasing demand for IT solutions in banking. Many banks across this region have started using cloud computing and virtualization solutions. Most of the banks are using these technologies to control cost and deliver business growth.
Further, the report states that one of the main challenges is the lack of talented professionals in the MEA region. In the competitive business environment, companies are adopting cost-cutting strategy, therefore they are not investing in training and education related to big data management.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are AFI Infotech, AfricTek, Caseray Solutions Limited, Craft Silicon, Delta Software, Dimension Data Holdings, DreamOval, EBOX, FACTS Computer Software House, Fujisoft technology, MilSOFT, NiTSAK, RedCherry, Reliable IT Services, Softline, Qme software, and Verbanet Technologies.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/it-market-mea-region-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report – IT Market in the MEA region 2012-2016
