Intelligent CIO Middle East Issue 02 | Page 30

FEATURE: MANAGED SERVICES C ompanies have started to take cognizance of the flexibility Managed Services provide while being able to maximise productivity and ROI with higher levels of effectiveness, availability of the latest technologies as well as to allow employees to tackle the strategic goals of the company. Over the years the service has grown into specialised areas which include Cloud Hosting, Remote Monitoring, Co-location, Disaster Recovery and several services which look into both the IT infrastructure as well as the IT operational services. In the Middle East several industry verticals are contributing to the growth of Managed services, two of the main areas are the public and financial sectors. With over 25 million visitors expected to visit Dubai for the World Expo 2020, the event promises to be a major opportunity for business and IT development. In fact, it has opened up a number of avenues, which will shape the technology trends in the region for the next few years. The government is working towards making Dubai a Smart City with the use of cutting edge technology within the next three years. With the huge number of tourists and investors coming to the UAE, there will be a large influx of data, which will need greater infrastructure planning. Businesses will have to manage this large amount of information in the most organized way. To ensure the same, investing in additional storage and network capacity would be required. The Qatar World Cup 2022 will open up similar avenues, as governments and companies continue to invest in IT solutions for smart city infrastructure development, effective data storage and backup systems. There is also a push towards greater mobile enablement of government services across the GCC, which will further increase self-service utilisation. Smartphones and tablets are becoming the key contact point between citizens 30 INTELLIGENTCIO MORE ORGANISATIONS NOW HAVE INCREASED BUDGETS FOR COMPREHENSIVE AND STRONG DISASTER RECOVERY SOLUTIONS, WHICH CONSIST OF BOTH HARDWARE AND SOFTWARE BASED SOLUTIONS AND ARE WORKING WITH SPECIALIST PROVIDERS WHO HAVE THE KNOW-HOW AND THE EXPERIENCE TO PROVIDE APT SOLUTIONS and government institutions. With the increased focus on mobility, there will be a positive impact on ICT spending especially in the areas of mobile security, CRM, geo-localisation software, mobile enterprise management (covering solutions for device management, application development, and application management), and mobile content management, among others. All of this requires a strong backbone for IT infrastructure, which is secure and scalable. And, we will see increased investment in data centre hosting services and cloud infrastructure as a service, which offers scalable infrastructure on demand at low operational costs enabling faster adoption of e-services and m-services. On the other hand, the finance industry has a reputation of being ahead of the curve when it comes to IT. Whether its new algorithms designed to take trading to new speeds, or the latest security solution designed to provide the utmost protection from hackers, finance organisations are well aware of the benefits that IT can bring to the bottom line. The managed services market in the MEA region is projected to grow from $20.9 billion in 2014 to $47.3 billion by 2019 at a CAGR of 18.0 % between 2014 and 2019 (MarketsandMarkets) $570.6 million Outsourcing, managed services, and data centre services market in Saudi Arabia is expected total in 2015 (IDC) w