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

To celebrate the CCITT/ITU-T 60th Anniversary, a series of talks were held during the WTSA-16 Plenary sessions on Wednesday, 26 October. The evening of 26 October also hosted a gala reception, sponsored by theUnited ArabEmirates, the Republic of Koreaand Rohde&Schwarz.

2016 marks 60 years since ITU Member States established the International Telegraph and Telephone Consultative Committee (CCITT) in 1956, the precursor to ITU-T, established in 1992. The 60th anniversary of CCITT/ITU-T celebrated the many experts that contributed their time and expertise to the development of the ITU standards that bring cohesion to the unceasing innovation of the ICT community.

Talks on digital financial services were held discussing how globally, more than 2 billion adults do not have a formal bank account. Low levels of financial inclusion represent a barrier to socio-economic development. Mobile money could be a game-changer for people of limited income and an enabler for financial inclusion in developing countries. The recent growth of Digital Financial Services has allowed millions of people previously excluded from the formal financial system to perform financial transactions relatively cheaply, securely and reliably.

Policy reform and the development of international standards will be important in facilitating the adoption of interoperable Digital Financial Services.

On the other side, there were talks on artificial intelligence as well. The future will see large parts of people’s lives influenced by AI technology. Machines can execute repetitive tasks with complete precision, and with recent advances in artificial intelligence (AI), machines are gaining the ability to learn, improve and make calculated decisions in ways that will enable them to perform tasks undertaken by journalists, teachers, doctors and other professions previously thought to rely on human experience and ingenuity. AI will also come to support emerging applications in the IoT space, with billions of devices, things and objects gaining the ability to learn from patterns observed in their environment and communicate these learnings to a larger ecosystem of intelligent devices.

The development and adoption of relevant international standards will help people to realize the benefits of AI advances on a global scale