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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In line with the announced business strategy Ericsson is simplifying its organizational structure by removing the two-tiered leadership structure, Executive Leadership Team and Global Leadership Team, and forming a single Executive Team. In addition, the geographical setup with ten regions will become five market areas, and the business areas are re-defined and reduced to three. The new Executive Team roles and the new organization will take effect April 1, 2017.

Ericsson President and CEO, Börje Ekholm says: "To execute quickly and successfully on the next phase of our strategy, a new leadership team will immediately start working together. We will use the near future to solidify ways of working for the new structure, which will be more efficient and responsive to market and customer needs."

The following Business Area and Market Area structure will apply to the Ericsson Group as of April 1, 2017:

- Business Area Networks; Business Area Digital Services; Business Area Managed Services
- Market Area North America; Market Area Europe & Latin America; Market Area Middle East & Africa; Market Area North East Asia; Market Area South East Asia, Oceania & India

Effective April 1, 2017, Ericsson's Executive Team members will be:

President and CEO - Börje Ekholm
Business Area Networks - Fredrik Jejdling, senior vice president, currently head of Business Unit Network Services
Business Area Managed Services - Peter Laurin, senior vice president, currently head of Region Northern Europe and Central Asia
Business Area Digital Services - Ulf Ewaldsson, senior vice president, currently head of Group Function Strategy & Technology
Market Area North America - Rima Qureshi, senior vice president, currently head of Region North America

Market Area Europe & Latin America - Arun Bansal, senior vice president, currently head of Business Unit Network Products
Market Area Middle East & Africa - Rafiah Ibrahim, senior vice president, currently head of Region Middle East
Market Area North East Asia - Chris Houghton, senior vice president, currently head of Region North East Asia
South East Asia, Oceania & India - Nunzio Mirtillo, senior vice president, currently head of Region Mediterranean
Technology & Emerging Business - Niklas Heuveldop, senior vice president, currently head of Group Function Sales
Finance & Common Functions - Carl Mellander, senior vice president, currently acting Head of Group Function Finance & Common Functions
Human Resources - MajBritt Arfert, senior vice president acting Head of Group Function Human Resources
Marketing & Communications - Helena Norrman, senior vice president, currently in same role
Sustainability & Corporate Responsibility - Elaine Weidman Grunewald, senior vice president, currently in same role
Legal Affairs - Nina Macpherson, senior vice president, currently in same role
Advisor to the CEO - Jan Frykhammar, executive vice president, currently in same role
Advisor to the CEO - Magnus Mandersson, executive vice president, currently in same role

Per Borgklint, Anders Lindblad, Jean-Philippe Poirault and Charlotta Sund will leave the Executive Leadership Team effective April 1, 2017.

Ekholm says:"As we form a new team, I would like to thank those leaving the executive groups. They have contributed to the leadership of Ericsson during important times of change and we appreciate their dedication and perseverance."