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

Reports and Coverage
Typography

Rohit Talwar, Futurist and CEO of Fast Future Research, will deliver this year's CommunicAsia2017 Summit Visionary Address titled "Artificial Intelligence vs. Genuine Stupidity - Navigating Exponential Technologies to Create a Very Human Future", on 24 May at Marina Bay Sands, Singapore.

"AI coupled with the other rapidly accelerating fields of science and technology will drive large-scale change and transformation of existing businesses and industries while also enabling the creation of entirely new sectors," says Talwar.

He also predicts that the pace of development and potential of AI means that it is perhaps the most important area of decision making that business leaders will face over the next few years, and the effective implementation of AI will be a crucial differentiator between success and failure of firms in a fast changing world.

Artificial intelligence coupled with other key science and technology developments will help transform the US$78 trillion global economy1. Fast Future estimates that by 2025, the economy could grow to US$120 Trillion - with over half coming from AI-enabled industries that either do not exist today or are in their infancy, such as autonomous vehicles, self-replicating machines, and adaptive, personal health management systems.

"The core challenge is to help organizations embrace and adapt to accelerating change and prepare for a world that we can't yet see but is just around the corner," adds Talwar. "We will see AI being used for product design, pricing decisions, marketing strategies, training and recruitment. We are already witnessing the emergence of entirely automated 'employee-less' AI-based decentralized autonomous organizations (DAOs)."