Oman Vision 2040 Drives Sultanate’s IT Market to $379.22M by 2021

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ArabNet Team
Mar 18 2019
Industry
Oman Vision 2040 Drives Sultanate’s IT Market to $379.22M by 2021
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Oman’s government-led nationwide digitization with Oman Vision 2040 is driving the Sultanate’s IT market to $379.22M (OMR 146M) by 2021, industry experts announced with the opening of COMEX Oman, running from 17-19 March 2019.

Oman Vision 2040  is guiding an advanced technological infrastructure foundation to transform the economy, society, government, as well as enable all sectors. As Oman’s organizations digitally transform, the Sultanate’s IT market will grow by 8% to $379.22M by 2021, according to BMI Research.

Supporting Oman Vision 2040, global technology company SAP is COMEX Oman’s Digital Innovation Partner, showcasing digital business solutions and conducting an Industry 4.0 Summit keynote.

“Oman Vision 2040 and strong IT growth show that Oman’s leaders are pushing the Sultanate forward in driving innovation to foster diversified economic growth and job creation in the Digital Economy,” said Waheed Al Hamaid, Managing Director at SAP Oman. “Oman can see the biggest benefit in moving from e-government to digitizing the whole-of-government, with cross-collaboration and AI predicting citizen needs in real-time.”

Visitors to SAP in the Business Pavilion at the Oman Convention and Exhibition Center can experience interactive Intelligent Enterprise demos.  Digital Boardroom shows real-time insights for the government and public sector, oil and gas, and transportation.  Digital Supply Chain features Adidas with VR product design and production.  Smart Kicker Powered by SAP Leonardo highlights real-time statistics for table football.

“COMEX Oman presents an ideal platform to showcase Oman’s digital future: smart traffic can reduce traffic congestion, smart utilities can power the energy economy, and cybersecurity can protect critical national infrastructure,” added Waheed Al Hamaid.

Supporting Oman’s Workforce of the Future through Public-Private-Academic Partnerships

The SAP Training and Development Institute (SAP TDI) offers its flagship digital skill build initiatives SAP’s Young Professional Program  and SAP’s Dual Study Program to young talents in Oman.

In partnership with the Information Technology Authority (ITA), 25 selected young graduates will start their 3-month bootcamp on SAP’s latest technology with the Young Professional Program in April.

Furthermore, SAP TDI joined hands with German University of Technology in Oman (GUtech) and launched SAP’s Dual Study Program for GUTech’s top students in February, when the 1st 25 students started the collaborative curriculum.

Participants from both initiatives graduate from the program as SAP Associate Consultants, which gives them a competitive edge in pursuing various career paths among SAP’s globally positioned customers and partners.

GUtech also hosts Oman’s first SAP Next-Gen Innovation Lab  to foster innovation projects.

Attend SAP’s keynote “Blockchain and the IoT as the Next Wave of Industry 4.0” on Monday, 18 March at 9:30 am. SAP partners include Indusnovateur, Kaar Technologies, Microexcel, and Seidor.