- Growth: While the overall IT market growth in Saudi Arabia is estimated around CAGR of 9% from 2019 to 2023, The fastest growing sectors within this market are Cloud computing workloads; which have an average of 30% CAGR. Cloud computing workloads are growing 3 times faster than the overall IT market (Technavio, IDC) - Priority: Partnering with Cloud Technology provider is the second top CEOs’ business priority for 2019 and beyond in Saudi Arabia (KPMG) - Mandate: In Feb 2019, the Kingdom Ministry of Communications & Information technology released a Cloud-First policy, directing public & private sectors to the strategic importance and need to move to Cloud platform (local and global). - Opportunity: Although cloud continues to generate tremendous attention, primarily due to benefits it offers in terms of operational efficiency and cost savings, only a handful of providers in the Kingdom currently offer cloud services (IDC)