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Cloud Computingset to revolutionise IT market sharesRevenues predicted to increase steadily.Cloud to maximise computing efficiencyThe next three years will seemassive improvements ascloud computing enables org<strong>an</strong>isationsto cut IT costs by 50%<strong>an</strong>d improve capital utilisationby 75%. Cloud environmentsare gradually being adopted byorg<strong>an</strong>isations across the GCC<strong>an</strong>d it will be only a matter oftime before the cloud revolutionreaches its peak. The InternationalData Corporation (IDC),the premier global marketintelligence <strong>an</strong>d advisory firmfor the information technologyindustry, estimates a 25%growth clip on the sale of publicclouds alone.According to the latest marketsurvey by IDC, the public cloudsegment is set to flourish. It isexpected to generate close to$16 billion in <strong>an</strong>nual revenues<strong>an</strong>d increase to about $56 billionin <strong>an</strong>nual revenues, withcloud servers growing from<strong>an</strong> $8.4 billion opportunity in2010 to a $12.6 billion marketin 2014.The cloud computing revolutionis making its way through tomainstream technology <strong>an</strong>d willsoon be the core of IT infrastructure.New software firmscoming into the market willbe built around SaaS servicecomposition <strong>an</strong>d delivery <strong>an</strong>dwill account for a major chunkof net growth in the softwaremarket.Where vendors see cloud asthreat or challenge, due to marketgrowth <strong>an</strong>d leadership disruption,CIOs <strong>an</strong>d CTOs will seeit as <strong>an</strong> opportunity which willpropel the growth <strong>an</strong>d scope ofthe IT market <strong>an</strong>d in turn, helpgenerate adv<strong>an</strong>ced applications<strong>an</strong>d successfully penetrate small<strong>an</strong>d medium enterprises. As aresult, industry leadership r<strong>an</strong>ksare bound to fluctuate <strong>an</strong>ddeveloping a cloud strategy willprovide <strong>an</strong> edge."Cloud computing is no longer afad, it is enabling the SME sectorto <strong>have</strong> access to enterpriseclass hardware <strong>an</strong>d softwareat fraction of cost," said AjayRathi, Senior M<strong>an</strong>ager of ITInfrastructure at Damac Groupin the UAE, on the influence ofcloud computing in the region.Validating this point, SiamakKia, General M<strong>an</strong>ager Abu Dhabi,GBM says, "GBM is proud tobe part of the 3rd InternationalCloud Computing Summit whichwill allow IT professionals toexch<strong>an</strong>ge knowledge on how tomake Cloud Computing workfor them". "At GBM we firmlybelieve that Cloud Computinghas come of age in the region<strong>an</strong>d has the power to makesignific<strong>an</strong>t ch<strong>an</strong>ges to our ITenvironment. Itis events suchas this that helpIT professionalsdrive Cloud Computingstrategieswithin theirorg<strong>an</strong>isations<strong>an</strong>d underst<strong>an</strong>dhow to capitaliseon the benefitsthat it is able toprovide to them."The 3rd InternationalCloudComputingSummit - AbuDhabi is focusedon helping ITprofessionals<strong>an</strong>d executiveswith their cloud based requirementsby bringing together theexperience of experts from theindustry.The summit feature some of thebiggest names in the industrythat are looking to adv<strong>an</strong>ce ther<strong>an</strong>ge of IT service <strong>an</strong>d scopein the GCC market <strong>an</strong>d helpprofessionals establish a morestable <strong>an</strong>d responsive relationshipwith clients. This year'ssummit will bring togetherCIOs, CTOs <strong>an</strong>d CISOs from org<strong>an</strong>isationsincluding Mus<strong>an</strong>ada- Abu Dhabi Government, Etisalat,Dubai Americ<strong>an</strong> Academy,ADCO, Majid Al Futtaim, PayPal- <strong>an</strong> eBay Comp<strong>an</strong>y, Qatar SteelComp<strong>an</strong>y, New York UniversityAbu Dhabi, Madinah KnowledgeEconomic City KSA, DubaiAluminium Comp<strong>an</strong>y Limited,Damac Group, Health AuthorityAbu Dhabi <strong>an</strong>d RW Armstrong<strong>an</strong>d Associates.Attendees provided with theopportunity to put questionsto the experts <strong>an</strong>d take part inlively discussions. The programmeis designed to includeas m<strong>an</strong>y networking opportunitiesas possible to sharechallenges <strong>an</strong>d experiences <strong>an</strong>dtake away strategies to achieveorg<strong>an</strong>isational goals.The 3rd International CloudComputing Summit - Abu Dhabiis <strong>an</strong> IIR Middle East initiativewhich is aimed at educatingprofessionals on leveraging thepower of cloud computing tofoster operational efficiency intheir org<strong>an</strong>isations. The summitheld, at ADNEC in Abu Dhabi,UAE. T46 www.teletimesinternational.com15Jun - 14Jul 2011

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