Riyadh: Micro Focus, a leading technology company, will showcase its cutting-edge technology capabilities at the 2nd Annual LEAP Conference, a prestigious global technology gathering which is held in Riyadh from February 6th to 9th, 2023. The conference, which is expected to attract over 100,000 tech innovators and experts from around the world, will provide a platform for the company to highlight its services and demonstrate its commitment to staying at the forefront of modern technological advancements and the Kingdom's Vision 2030.

LEAP Conference is a collaborative effort between the Ministry of Communications and Information Technology (MCIT) and the Saudi Federation for Cybersecurity, among other stakeholders, and is poised to offer a comprehensive review of prominent future technologies and reinforce the Kingdom's leadership in technology and innovation both regionally and globally.

Micro Focus Managing Director for Middle East and Africa, Toufic Derbass, emphasized the significance of cloud computing in revolutionizing the way businesses in Saudi Arabia handle and process data, providing greater flexibility, scalability, and cost-efficiency.

According to a MarketsandMarkets report, the cloud computing market in Saudi Arabia is expected to grow at a CAGR of 18.5% from 2019 to 2024, while the Middle East and Africa region is expected to grow at a CAGR of 14.5% from 2020 to 2025, as per a Mordor Intelligence report.

"Saudi Arabian companies are rapidly adopting cloud technology to accelerate competitiveness and lead the way in the digital economy, which is a key component of Vision 2030's goal to establish a thriving digital economy," Toufic said.

Mohamed Arafa, Country Manager Saudi Arabia, Micro Focus, acknowledged the Saudi government's recognition of the potential of cloud computing and its investments in initiatives aimed at promoting its adoption across various industries. "As more and more companies in Saudi Arabia move to the cloud, it is becoming evident that cloud computing is the future of data management and storage," he said.

In conclusion, LEAP Conference provides Micro Focus with an opportunity to showcase its expertise in Digital Operations Management and Application Delivery and its commitment to supporting businesses in Saudi Arabia to access the latest technologies and services, analyze and gain insights from their data, and make informed business decisions.

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About Micro Focus:

Micro Focus is one of the world’s largest enterprise software providers, delivering mission-critical technology to more than 40,000 customers around the globe. A broad portfolio underpinned by a deep inventory of advanced analytics, enables them to adapt to evolving market conditions and effectively compete in the digital economy over the long term. Micro Focus does this by delivering solutions that bridge the gap between existing and emerging technologies to protect IT investments.

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Abdullah Inayat
W7Worldwide Marketing Communications Consultancy Agency
Media Relations Director
a.inayat@w7worldwide.com