Saudi Arabia's information and communications technology (ICT) expenditure is projected to total $733 million from 2009 until 2011, according to recent reports. The total investment outlay, as revealed by the same report, stipulates that Saudi Arabia will spend $185.7 million this year. The forecast also indicates that collectively, mixed-use civil projects in the GCC countries will account for about $2.95 billion in communications hardware spending during the three-year period, while residential and commercial developments are expected to account for $674 million and $577 million, respectively. Driven by its aims to support to the ongoing technological revolution in Saudi Arabia, Netgear, a worldwide provider of technologically advanced and branded networking and storage products, is offering its best-of-breed products for the benefit of government departments, small and medium businesses (SMBs), as well as home users. One of the company's latest products is the ReadyNAS NVX, a 4-bay desktop network-attached storage solution designed for SMBs, which was launched in the Middle East earlier this year. “The increased demand for communications hardware in Saudi Arabia is fuelling high spending from both the private and public sectors. Furthermore, the economy crisis has spurred a shift in organizations' tactic to spending smart,” said Ahmad Zeidan, channel sales manager, Netgear Middle East.
