About Paul Kedrosky
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| Dr. Kedrosky is currently the Executive Director of the William J. von Liebig Center in San Diego, California. Using an innovative seed capital program, the Center catalyzes the commercialization of technologies from the internationally-ranked University of California, San Diego. Dr. Kedrosky is also a venture investor with Ventures West, Canada's largest institutional venture capital firm, where he is most active in consumer technologies and software. He is currently on the board of Marqui Corporation, a marketing automation software company. |
Recent Article:
Booming IT Spending in Middle East & Africa
- For more on Paul Kedrosky visit paul.kedrosky.com
Impressive stuff on IT growth in the Middle East & North Africa, all contained in a new IDC report:
A report issued by research and consultancy firm IDC showed that the total spending on information technology (IT) in the Middle East and North Africa (MENA) region is expected to rise 50 percent to $45 billion by 2010, up from $30 billion in 2006, Gulf News reported.
The IDC report also showed that the total value of IT security spending for the region is estimated to touch $9.3 billion by 2009, with the UAE, Saudi Arabia, Kuwait, Qatar and Bahrain the top five investors.
The Middle East is one of the fastest growing consumer electronics markets in the world, estimated at $7 billion. Research indicates that it will experience double-digit growth in the years to come, a huge opportunity for major players.
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