Cloud, Microsoft ecosystem to create 63,400 jobs in Saudi
The research shows that implementation of nationwide initiatives such as Saudi Vision 2030 and the efforts of the Saudi Communications and Information Technology Commission to organise the cloud services – and other initiatives focused on banking, healthcare, transportation and education – has led to a rise in IT spending and employment. IDC predicts spending on public cloud services in Saudi Arabia will almost quadruple over the next five years, from SR427.68 million ($114.04 million) in 2017 to SR1.57 billion in 2022.
Between the end of 2017 and the end of 2022, adoption of cloud services will create nearly 55,000 new jobs (net) and the Microsoft technology ecosystem will add 8,400 jobs (net) for a total of 63,400 in net job creation. The Microsoft ecosystem – the companies that sell, service, deploy, or otherwise work with Microsoft products – supported more than 71,250 workers in 2017.