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The Saudi Arabian ICT market, the largest in the Middle East, will continue to grow at a strong pace in 2014 with an estimated YoY growth rate estimated at 6.1%; which is much higher than many developed market. Driven by a strong oil revenues and high political stability, the market is poised to benefit significantly from modernization efforts in various sectors and citizen centric initiatives of the government.The key ICT investment priorities of Saudi organizations include datacenter consolidation, expansion and upgrade of networks, application modernization, and deployment of business intelligence and analytics, ICT security, private cloud, and mobility.However, Saudi CIOs face significant challenges in managing IT. Shortage of IT skills, maintaining security, regulatory compliance and driving innovation through technology projects are the key challenges.