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

Telecom Operators

Telecom Operator Zain Group announced the restructuring of the top management by removing Scott Gegenheimer from the position of CEO and by appointing him in new role of CEO of operations.

Zain, which has strong investment plans to bolster revenue from mobile internet, has appointed Mohannad Mohammed Al-Kharafi as chairman, Bader Nasser Al- Kharafi as vice-chairman and CEO and Scott Gegenheimer as CEO of operations.

Earlier, Scott Gegenheimer was the CEO of Zain Group. The company did not reveal reasons for removing him from the position of CEO.

Zain Goup's net profit increased 2 percent to KWD 157 million or $519 million, while revenue was KWD 1.1 bilion with EBITDA of KWD 512 million that grew 3 percent in 2016. Zain Group's customer base grew by 3 percent, reaching more than 47 million customers.

Zain continues to be a market leader with respect to market share in five of its eight markets of operation.

Zain has identified service provision in the smart cities space and in B2B/ enterprise sector.