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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VimpelCom Ltd., the international communications and technology company, announced on June 13 that it has entered into a software partnership with Ericsson, in a deal worth more than US$1 billion that will radically transform VimpelCom's global IT infrastructure.

The partnership encompasses a complete overhaul of VimpelCom's IT infrastructure across 11 countries and 12 time zones - on a scale that is the largest and most ambitious in the industry's history. VimpelCom will digitalize and globalize its Business Support Systems (BSS) infrastructure using Ericsson's new software and cloud technologies.

The agreement reflects VimpelCom's commitment to bringing excellent services to its customers through innovative solutions and industry collaborations. The Digital Stack will accelerate product and service development, while the delivery and use of near real-time analytics, will allow greater personalization of services for customers. In addition, a simpler user interface will also enhance the customer experience on all levels.

"This marks a fundamental milestone in our transformation as we move ahead with our strategy to turn VimpelCom into a true digital pioneer," said Jean-Yves Charlier, chief executive officer of VimpelCom. "The new Digital Stack will help us better respond to our customers while also centralizing and simplifying our business, creating lean and agile operations that will result in a more efficient cost structure across our global footprint."

As a result of the digital transformation, VimpelCom's IT systems management will become smarter, simpler and more future-ready as the company prepares to unlock new digital services for customers that will be enabled by an advanced network, able to support future-proof features and services.

In addition to a significant reduction in operating costs, the improved technology structure will enable VimpelCom to fast-track its digital innovation strategy, particularly in the areas of mobile entertainment, communication, the Internet of Things (IoT), and mobile financial services (MFS). Along with a wider digital service offering, VimpelCom will have the ability to offer customers customized offers, a frictionless online service experience, and the speed and convenience of simplified and fully digital customer care.

Hans Vestberg, president and CEO, Ericsson, said: "In a fully connected world, success for operators requires performance, flexibility and efficiency. Ericsson's unique BSS as a service concept, combed with our leading services and technology capabilities, will support VimpelCom in realizing these ambitions while positioning the company for further growth as ICT transforms industries everywhere."

The global strategic partnership between VimpelCom and Ericsson represents both companies' commitment to unlocking new digital services for VimpelCom's customers. As a trusted partner, Ericsson will enable VimpelCom's end-to-end digital transformation, which includes the management and operation of the new Digital BSS environment using a cloud-based digital support system architecture, with Ericsson's Revenue Manager at its core.

Yogesh Malik, group chief technology officer of VimpelCom, said: "The future is about being real-time, customizing our offerings, and making them relevant and engaging for our customers as they navigate the digital world. This technology shift is a huge leap forward for VimpelCom and forms part of our strategy to transform into an agile business that understands our customers and answers their digital needs.

"Only by investing in the latest technology and going fully digital will we be able to provide these innovative and competitive services across the Group. Additionally, the pioneering Digital Stack technology will allow us to deliver new digital services that will be enabled by future networks, including 4G LTE and beyond."