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ms.akkineni
ms.akkineni
2/24/2016 10:57:52 AM
User Rank
Platinum
Re: Saudi Telecom on OpenStack
@DHagar:

Absolutely, They are a RICH developing country.

I believe this is good move on their end. Though it is limited to their domestic market at this time, there is a huge potential to get into profit mode and may eventually get into global market. This looks like a huge possibility considering their affordability to invest. 

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batye
batye
2/23/2016 7:27:47 PM
User Rank
Platinum
Re: Saudi Telecom on OpenStack
@DHagar  yes it always nice to hear it :) as technology should be used to improve people lifes...

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batye
batye
2/23/2016 7:24:44 PM
User Rank
Platinum
Re: Saudi Telecom on OpenStack
@DHagar  yes it like they have better starting point... but there is so many factors in play... and they do like to spend money.... 

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batye
batye
2/23/2016 7:15:08 PM
User Rank
Platinum
Re: Saudi Telecom on OpenStack
@mhhf1ve  yes, it interesting to see... as most of the oil rich countries stick with the oil...not IT... 

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batye
batye
2/23/2016 7:13:32 PM
User Rank
Platinum
Re: Saudi' Moving Into a New Era
@afwriter  yes, as they use technology and brains... plus a lot of they technology came from the military or could be used for military... but I could not agree more Israel IT sector keep growing rapidly...

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mhhf1ve
mhhf1ve
2/23/2016 7:09:11 PM
User Rank
Platinum
Re: Saudi Telecom on OpenStack
> "Saudi Arabia has 35k businesses..."

This isn't a huge market, but it's interesting as a test case for what can happen in a smaller, up&coming market. Saudi Arabia is diverisifying its industrial portfolio (or at least trying to) since most of its businesses have historically been related to or supporting its oil industry. It'll be fascinating to see how (or if) Saudi Arabia can overcome the "resource curse" that has plagued many oil-rich nations.

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DHagar
DHagar
2/23/2016 5:23:36 PM
User Rank
Platinum
Re: Saudi' Moving Into a New Era
afwriter, thanks for confirmation.  That is good news.  It appears that we should keep an eye on the markets in the Middle East and look for opportunities.

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afwriter
afwriter
2/23/2016 5:07:21 PM
User Rank
Platinum
Re: Saudi' Moving Into a New Era
@Dhagar You are right, Israel is one to watch as they are making major technological leaps across the board.  That is awesome for the US since we will most likely benefit from any of their breakthroughs. 

 

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DHagar
DHagar
2/23/2016 4:05:52 PM
User Rank
Platinum
Re: Saudi Telecom on OpenStack
bayte, very true.  They are not your typical developing country.  They are a "rich" developing country.  That should give them some key advantages.  Plus, as I understand it there is wealth in the country itself - so this should give them the potential of a profitable market.

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batye
batye
2/23/2016 2:42:49 PM
User Rank
Platinum
Re: Saudi Telecom on OpenStack
@DHagar  interesting but they do have money to spend... how I see it...

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