Saudi Arabia’s software solutions market, the largest in the Gulf region, is expected to register 12 per cent growth through 2013, organisers of a conference have said.
The market was valued at USD 637 million in 2009, with a significant share coming from Business Process Excellence (BPE) solutions, said ProcessWorld 2010, co-organisers of the conference.
According to them, the BPE segment is expected to grow exponentially over the next few years as the country maintains its status as the region’s largest economy and leading business hub.
BPE refers to the documentation, assessment, optimisation and automation of business processes with the goal of enhancing organisational productivity.
The niche is still relatively new among Middle Eastern businesses, which is why Software AG, the German software vendor, has decided to team up with IDS Scheer AG and WAMAD Information Technology Services Co to highlight local and regional opportunities in BPE software and solutions.
The group is co-organising ProcessWorld 2010, a BPE-centric conference taking place tomorrow in Riyadh.
“BPE has not yet totally taken off in the region so ICT players involved in this segment need to push harder to increase awareness about its numerous benefits.
ProcessWorld will provide a clearer view of where BPE stands in the Saudi and regional ICT landscape and what challenges existing and interested vendors and adopters can expect as the segment grows further,”said Russell C Gomersall, Head of IDS Scheer MENA, IDS Scheer SA LLC.
