DWTC expects new technologies

Dubai World Trade Centre (DWTC), the organisers of Gitex 2005, expect breakthrough technologies to be a high-focus segment at this year’s show as manufacturers and developers aim to keep pace with the requirements of the industry and customers.

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By  Stuart Wilson Published  September 11, 2005

Dubai World Trade Centre (DWTC), the organisers of Gitex 2005, expect breakthrough technologies to be a high-focus segment at this year’s show as manufacturers and developers aim to keep pace with the requirements of the industry and customers. Among the main technology attractions expected will be the very latest developments in tablet computing, slim and thin notebooks, stamp-sized flash memory products with a capacity range stretching from 32MB to 3GB, real-time anti-virus and security software, highly functional super-quality video graphic cards and next generation IP telephony platforms. “The technology sector is advancing at such a rapid pace that most products tend to get outdated within a matter of months from their launch,” said Helal Saeed Khalfan Al Marri, director general at DWTC. “Gitex acts as an ideal platform where products can be launched immediately after the design-stage. The event helps manufacturers gauge the market sentiment before introducing the product on a wider scale.” DWTC also expects leaders from the consumer electronics sector to display digital home innovations, with other vendors focusing on products specifically targeted at the SMB sector. Global IT spending predictions remain solid and the regional picture in the Middle East and North Africa looks even healthier. According to the latest IDC report, worldwide IT spending will increase to US$1.3 trillion by the end of 2009 — representing a compound annual growth rate of 5.9% from 2005 through to 2009. Government, manufacturing and banking are expected to be the industries that provide the most attractive opportunities for vendors worldwide. The IDC report adds: “With both the consumer and communications markets exhibiting interesting dynamics and consumer spending on IT services, peripherals, and PCs experiencing double-digit growth, the potential is huge. With this rebound, the sector’s spending on IT is estimated to be US$95 billion in 2005, and $128 billion by 2009. Growth within this market will be driven primarily by heavy investment in network equipment, PCs, as well as peripherals and storage.” This year’s Gitex has attract over 1,000 exhibitors and more than 120,000 visitors are expected to descend on Dubai as the regional IT industry gears up for the biggest event in its annual calendar.

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