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INTERNATIONAL TECH HUBS THIRD EDITION | BDO LLP
Acceleration (CDA) programme – a global initiative to drive economic growth and create next-generation jobs through digital adoption. IBM is another leading global technology provider with a firm base in SA since 1947 when it installed the first computer in the Middle East region. As an emerging cognitive solutions and cloud platform company, IBM is set to play a key role in making SA one of the leading knowledge-based economies in the Arab world. SAUDI ARABIA’S START-UPS HAVE SEALED A RECORD NUMBER OF DEALS IN THE LAST FEW YEARS, WITH INVESTMENTS SURGING 92% BETWEEN 2018 AND 2019 - 71 TRANSACTIONS AT A TOTAL VALUE OF $67 MILLION . THE TALENT POOL Historically, businesses in SA have struggled to source local talent, with the country reporting a notable talent shortage of 107,000 highly skilled workers in 2020. However, further indicators suggest this crunch is not necessarily due to a lack of talent in the region, but rather a lack of resources such as HR and recruitment services dedicated to partnering with businesses in this area.
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