Cloud adoption is accelerating worldwide: Forbes calculated the compound growth rate of cloud computing at a staggering 19 percent, meaning that its market value will rise from USD 67 billion in 2015 to USD 167 billion in 2020. The Middle East is at the forefront of this trend. Experts forecast that by 2020, there will be a 440 percent increase in datacenter traffic in the region. It is only a matter of time before the cloud supports the whole world.

Read more: Huawei: The intelligent cloud for digitalization of the Middle East

Nokia says that 5G will be a key-enabler for what it is labeled as the 'Fourth Industrial Revolution' and that the next-generation technology has the power to completely transform societal norms in sectors such as manufacturing, transportation, energy and healthcare. Telecom Review managed to secure an exclusive interview with Head of Customer Marketing and Communications, MEA at Nokia, Joachim Wuilmet during GITEX Technology Week.

Read more: Nokia emphasizes 5G is now primarily the technology for industry and Internet of Things

BridgeWave Communications, a market leader in the development and deployment of high capacity microwave and millimeter wave backhaul and front-haul solutions, is set to accelerate its growth and footprint in the Middle East following the regional launch of its NAVIGATOR DT systems at GITEX Technology Week.

Read more: BridgeWave set to accelerate growth in the Middle East with introduction of new products at GITEX

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GTT Communications and GBI jointly announced that they have formed a strategic relationship to provide enhanced services and connectivity in the Middle East.

As part of the agreement, GTT will be adding new points of presence (PoPs) in the Middle East, starting with the United Arab Emirates (UAE) and Qatar. Through this deployment, clients will be able to leverage GTT's global network while gaining access to GBI's extensive reach across the Middle East. The agreement will also provide GBI with connectivity to the United States and Europe.

""We are very pleased to partner with GBI on this initiative,"" said Rick Calder, president and chief executive officer of GTT. ""Our clients include some of the largest enterprises in the world. The launch of these new PoPs will enable us to extend our network reach in the Middle East, furthering our goal of connecting our clients to any location in the world and any application in the cloud.""

""In addition to its alignment with our future growth plans, this expansion further supports GBI's transformation to a global multilayer service provider,"" said Amr Eid, chief executive officer of GBI. ""GTT's leading Tier 1 IP network will broaden GBI's reach and allow us to deliver new, innovative services, both within and outside the Middle East.""

GTT and GBI expect to further grow their working relationship by launching additional PoPs and services within the region.