GCC investments in IT industry to reach US$ 5 bln in 2007

Gulf Cooperation Council area investment into the IT industry is poised to reach USD 5 bln in 2007 with Saudi Arabia and the UAE accounting for 47% and 30% of this total, respectively, according to the latest IDC reports.

Addressing the demands of the booming SMB sector, which is driving the investment, NETGEAR, a leading provider of branded networking products, has announced its participation at the Digital Business Channel (DBC) MEA 2007 at Le Meridien Al Aqah Beach Resort in Fujairah this week where it will showcase its complete range of ‘ProSafe’ products along with its networking and storage solutions.

“GCC countries are experiencing tremendous growth in the ICT market as governments and companies are heavily investing into quality networking and storage business infrastructures, making it a viable market for our range of products,” said Ahmed Zeidan, Channel Sales Manager, NETGEAR Middle East.

The ProSafe Smart Wireless Solution provides the ability for small and mid-sized companies to easily and affordably deploy a scalable, secure, feature-rich wireless network that integrates seamlessly with existing wired infrastructure. The powerful enterprise-class feature set enables network administrators to place and predict the coverage of each individual access point, centrally manage and enforce network security policies, and provide flawless roaming throughout the workplace to improve the productivity of employees and minimize network complexity.