Multi-billion dollar manufacturing sector drives Saudi tech services sector

Riyadh, Saudi Arabia: Sage Software, global supplier of ERP, CRM, and HRM solutions to medium and large organisations, announced on Sunday the appointment of Conti-tech, an IT solutions company in the Kingdom of Saudi Arabia, as its first X3 business partner in the Kingdom.

Conti-Tech and Sage will address the needs of the manufacturing sector that has witnessed a tremendous growth during the past few years, as the Kingdom seeks to reduce its independence on the oil sector by diversifying its economic activity. According to the Jeddah Chamber of Commerce and Industry (JCCI) there are approximately 3,986 manufacturing industries in Saudi Arabia with a total investment of SR306 billion.

"Research house IDC estimates that IT systems spending will reach $3.7 billion in 2008. As the Saudi market for technology solutions is expanding and the manufacturing sector is growing remarkably, we needed a partner that can help promote our solutions and support our presence in Saudi Arabia which is a long-standing commitment to this vital market," said Marc Van der Ven, managing director, Sage Software ME.