Intelligent CIO Middle East Issue 01 | Page 80

INDUSTRY WATCH GITEX Technology Week 2015: Sneak peak Launched in 1981, GITEX is the ICT business gateway to the Middle East, North Africa and South Asia Region. Focused on providing exhibitors with high ROI through direct business opportunities with decision makers, GITEX has maintained its position as the industry’s trend setting authority. G ITEX continually identifies the hottest global IT trends and incubates these into the event either as new sectors or conference programmes. The sectorisation of GITEX has enabled new companies to participate in identified trends as well as giving visitors the opportunity to engage, learn and implement the advances in the industry. GITEX’s role in the ICT industry is pivotal for the re-export market. It is an annual international trading hub for the global technology sector. GITEX acts as both, an inbound sourcing platform for the entire Middle East region and the eminent source for anyone interested in doing business in the region. Courtesy of strong regional technology take-up, Middle East organisations are ideally placed to become leaders in IoE innovation. The Middle East and Africa is set to post the world’s second-fastest growing ICT market in 80 INTELLIGENTCIO 2015, reaching $270 billion, according to IDC. Longer-term, the Middle East’s IT market is set to grow by 23%, from $204 billion in 2014, to $252 billion in 2019, according to Gartner. With more people, devices, organisations, and government collaborating on smart environments and integrated ecosystems, Deloitte predicts global IoT hardware connectivity revenues stand to rise 20% per year, while related services revenues will grow 50% annually. “The IoE era is a fourth industrial revolutions that is redefining how new technologies such as drones and robotics are transforming global and regional organisations and their consumer experiences,” said Trixie LohMirmand, Senior Vice President, Dubai World Trade Centre, the organisers of GITEX Technology Week 2015, which will be presented under theme “The Internet Future of Everything”. www.intelligentcio.com