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    Egypt Fit as Cloud Computing Hub in ME, Africa

    Date published: 20 May 2013

    The Minister of Communications and Information Technology Mr Atef Helmy inaugurated today the events of a series of key seminars for the trade fair and conference “Cairo ICT 2013” on cloud computing and Egypt’s future prospects.
    Cloud computing is a new approach in the world, which will help in building the Egyptian economy in the after revolution era. This comes at a time where the demand on cloud computing witnesses a great growth. IDC firm for researches expects an increase in global spending on cloud computing at a CAGR of up to 43.7% by the end of 2016.

    While the volume of spending on IT in the financial sector in the Middle East and Africa reached $ 7.5 billion last year, with an annual increase of 5.8%. Experts and analysts declared that the volume of spending on IT sector would continue to grow in the coming years at a CAGR of 9.7%, reaching $ 10.86 billion in 2015.

    Mr. Mohamed Talaat - General Manager of EMC Corporation in Egypt, Libya and Saudi Arabia -explained that cloud computing was the methodology that helped organizations to provide the maximum amount of IT efficiency and make it possible to store, manage and analyze information in the world with its steady growth.

    Mr. Khaled Abdel Kader - General Manager of Microsoft Egypt - said that "Microsoft has a long history in providing cloud computing services; it was also the only company that provided public and private cloud computing services, as well as the mixed type. The new strategy that we were working on is that Microsoft would be offering hardware in addition to the services needed by the consumer and business sector.

    Mr. Hossam Dara - Head of cloud computing and IT at HP Middle East, Africa, Turkey and Greece - mentioned that HP's converged cloud solutions provided companies with the mainstay of the technology and services to build trust and confidentiality and run cloud services via public and private SDRs.

    Mr. Albert Fuchet - Country President, Egypt & North Africa Schneider Electric - expressed the   company's happiness for participating in the seminar of Cairo ICT Exhibition and that the company was always seeking to participate in such an important event.

    Out of the importance of the event comes the participation of a group of prominent international companies operating in Egypt, such as: EMC, HP, Microsoft, IBM, Schneider and Oracle, which presented the world latest different solutions for cloud computing and how to apply them in the Arab Region and Africa, as well as the advantage that Egypt could have from them in order to occupy a prestigious place in this industry.

    Cairo ICT Exhibition is considered the largest specialized ICT exhibition in Africa. international companies are keen to participate since it first started in 1996.

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