Middle East Cloud & Datacenter Market Insights 2021
The Middle East region is strongly preparing itself for the post oil era and most importantly it’s going full throttle to unlock its full potential of becoming a technology ready region and here are some points to prove that: –
1) Countries in the Middle East are looking to improve their digital economies through smart city projects, which is fueling the demand for edge computing and data center deployment. The IoT revenue in the Middle East is expected to grow at a CAGR of over 15% by 2025. Also, the adoption of 5G networks has commenced in the region. The Middle East Data center market is expected to cross 3% in revenue by 2025.
2) Demand for Data Centres has been underpinned by technological advances and an increasing adoption of cloud-based services. As AI, ML & 5G trends play out, the levels of data produced, stored and analysed will grow exponentially, which will drive significant demand for Data Centres.
3) The Middle East Cloud application market is expected to grow by USD 4.5 Billion by 2024 at a CAGR of 17.5%. Localisation of Data Centres will be required going forward for the Middle East thus it will become a key market for cloud based on-demand computing service providers.
The above points prove that yes, the middle east region is adopting fact to tech and adoption is high but there are still challenges as well as opportunities on the road to become a technology leader like: –
1) Many organizations in the Middle East believe that their digitization process is taking much longer and many feel that their organizations would benefit from hybrid cloud adoption to overcome operational & talent challenges.
2) The Middle Eastern region in general has ambient conditions which can take a major toll on the efficiency of data centres. Two of the main factors include temperature and dust which has a negative effect of efficiency. Building of Operationally efficient and localized hyperscale & sustainable data centers is an urgent need for the Middle East region.
3) There is a huge skills gap for IT personnel in the region. More often these roles are outsourced and at times may not be available locally. The region has to make some concerted efforts in ensuring that these technical skills are nurtured and in turn work towards a stronger industry.
4) Security practitioners in the Middle East are concerned with data privacy and security, ITO practitioners are interested in operational efficiency, and CEOs and CFOs promote cost savings. So how can these key stakeholders meet half-way – that’s the question of the hour.
As a tech enthusiast In order to make sure you are well versed with these updates W.media has created the largest platform for Middle East tech enthusiasts to join together and get insights from the top experts of the world.
Welcome to W.Media’s Middle East Cloud and Data Center Market Insights on the 31st of May, 2021.
|Time Slot (GMT+4)||Topic|
|10:00AM||W.Media Opening Address|
|10.05AM||Keynote: – Need of the hour – Building Edge Data Centers in the Middle East.
The edge data center market in the Middle East will observe lucrative growth on account of the rapid industrialization and digitalization in the region. The governments in the region are emphasizing on establishing a globally integrated market environment and building modern economies by initiating several programs. The surging number of businesses incorporating advanced digital techniques will boost the demand for edge data centers. This session will take you through the journey of why Edge Data Centers are key to Middle East economies as well as enterprises and why the need is growing day by day.
|10.20AM||Panel: – The Middle East Market in the Middle East – Investment trends and outlook 2025
The data center growth in the Middle East is currently growing by 15%.Despite these developments there are yet many cloud computing & DC companies who have not yet made their entry in the Middle East , so this says that the data center market in the Middle East is bright. However the question is how do we reach there by overcoming challenges and what would the data center market in the Middle East look like by 2025.
|11.05AM||Keynote: – Green DC – A Sustainable strategy for Data Center Pioneers in the Middle East
The Middle East region faces some of the most unfavorable climate conditions in the world which takes a huge toll on the operation efficiency due to temperature and dust, a recurring factor. The Middle East, which produces a fifth of the world’s oil, leaders are faced with green-minded consumers and enterprises thus it is in the need for a green DC strategy which needs to cover the procurement, investment, cooling + energy efficient tech and architecture. This session will discuss the major strategies and challenges on the way of making DC’s green in the Middle East.
|11.20AM||Panel: – How to close the skill gap for IT and DC Personnel in the Middle East region
There is a huge skills gap for IT personnel in the Middle East region. More often these roles are outsourced and at times may not be available locally while the majority of the IT talent in the Middle East comes from South Asia and other parts of the world. The Middle East region has to make some concerted efforts in ensuring that these technical skills are nurtured and in turn work towards a stronger industry and these panel session will discuss about the challenges and opportunities to create a sustainable IT workforce in the region.
|12.05PM||Keynote: – Overcoming hybrid cloud & it’s security concerns in the Middle East
A recent survey with 200+ IT Decision makers in the Middle East have stated that a multiple cloud approach would be beneficial for their organization. As Businesses in the Middle East adapt to new demand, one thing is becoming clear that flexibility is crucial for their Business. The other major issue for Business decision makers is also on how to overcome cloud security challenges so as not to expose their Business to unpredictable challenges. This keynote session will therefore help IT Decision makers to analyze the benefits and challenges of a hybrid cloud adoption strategy and how to address key cloud security challenges for enterprises in the Middle East.