Saudi Arabia recently announced its Vision 2030, a plan for long-term economic growth that diversifies the kingdom away from its dependence on oil.
The International Data Corporation (IDC) announced that it will publish a research paper that showcases the critical role that digitization will play in Saudi Arabia’s future growth.
"Vision 2030 includes regulatory, budgetary and policy changes that will impact all major aspects of the economy, with technology featuring as a key enabler and driver for many of the changes envisaged," Jyoti Lalchandani, IDC's group vice president and regional managing director for the Middle East, Africa and Turkey, said. "Implemented correctly, digitization initiatives will help drive economic and social development, promote good governance and enhance national security. However, for this to happen, there must be a concerted effort by organizations across sectors and industries to align their ICT strategies with the Vision and its overarching executive programs."
IDC noted that it will take a collaborative, intensive approach to make these changes. It therefore will use the research paper to identify key challenges in the facilitation of this transformation. It plans on providing guidance to stakeholders within the government itself, public sector organizations, telecommunications service providers and other industries in general.