Microsoft ecosystem to generate 5,600 jobs in Bahrain by 2022

      Published on Tuesday, 11 December , 2018      247 Views     
Microsoft ecosystem to generate 5,600 jobs in Bahrain by 2022

  • Gulf News

The latest International Data Corporation (IDC) research shows that by 2022, the increasing popularity of cloud services and Microsoft’s technology ecosystem will generate over 5,600 jobs in Bahrain.



According to the report, Bahrain’s spending on public cloud services is predicted to quadruple over five years from BD2.74 million (SG$10 million) in 2017 to BD10.05 million (SG$37 million) in 2022.

The adoption of cloud services will create 5,200 jobs, while Microsoft’s technology ecosystem will generate and 400 jobs respectively.

IDC added that the Microsoft ecosystem is a significant channel of downstream revenues, generating BD10.57 (SG$38.40) for every BD1 (SG$3.63) that Microsoft earns.

“The report from Microsoft and IDC confirms the long-lasting strength we have rooted to realise the Economic Vision 2030. Cloud computing and Microsoft’s ecosystem of products, services and partner solutions will continue to play a vital role in economic development and creation of jobs in the Kingdom,” said Information and e-Government Authority chief executive Mohamed Ali AlQaed.



IDC also forecasts BD129 million (SG$469 million) in revenues in the same period, owing to the government’s cloud-first strategy and investments in private and hybrid cloud solutions.

Keywords:
Category Gulf News, Technology | 2018/12/11 latest update at 9:00 PM
Source : Internet | Photocredit : Google
248 Views
Comments Add comment



Related Articles

The editorial staff of Bahrain Today would like to give all of its readers from Gulf and Bahrain and the whole world the opportunity to participate actively in the development of the website! If you have something interesting, fun, scandalous - just something worth to be seen from more people. Capture it and share it in the Bahrain Today with a short text.

Do you have information you want to reach our readers?

Send article/s

You can subscribe to our Facebook, Twitter and Google pages or use our RSS feed channel to always read the most important news about Bahrain, the Gulf and the world.


Bahrain’s Investcorp teams up with Coller Capital to create $1bn buyout fund
Bahrain Bahrain news

Bahrain’s Investcorp teams up with Coller Capital to create $1bn buyout fund

Investcorp, the Bahrain-based alternative investment management firm, signed a deal with London-headquartered Coller Capital for some of its…

UAE, Oman and Bahrain to resume flights to Syria

European dairy giant inks deal to grow Gulf business

Microsoft ecosystem to generate 5,600 jobs in Bahrain by 2022

Khalifa Bin Salman in the People’s, Nation’s Memory book launched King

Khalifa Bin Salman in the People’s, Nation’s Memory book launched

Yousef Al Hamdan, the author of ”Khalifa Bin Salman in the Memory of the People, Nation” has launched…

King congratulates Abu Dhabi Crown Prince King

King congratulates Abu Dhabi Crown Prince

His Majesty King Hamad bin Isa Al-Khalifa sent a cable of congratulations to His Highness Shaikh Mohammed bin…

Bahrain’s king issues new laws to boost investment eco-system King

Bahrain’s king issues new laws to boost investment eco-system

Bahrain’s King Hamad bin Isa Al Khalifa has issued orders for new laws to enhance the country’s investment…

HM King congratulates Vietnamese president King

HM King congratulates Vietnamese president

His Majesty King Hamad bin Isa Al Khalifa today sent a cable of congratulations to President Tran Đai…

GULF TV

Popular in GULF TV

8 Minute Ab workout 2018 VERSION with Tips

303 Views

8 Minute Ab workout: To celebrate more than 65 million YouTube views of the first version of the…

Latest videos in GULF TV

Events

Bahrain events

Lifestyle

Culture

Bahrain Culture, Bahrain, Bahrain News

Sport

Science & Technology

Government

Bahrain Government, Bahrain Government News, Bahrain News, Gulf News, News, Bahrain News