Intelligent CIO Middle East Issue 03 | Page 74

EDITOR’S QUESTION Stephen Fernandes Executive Vice President, TransSys Solutions Consumerization of IT has entered corporate enterprises and transformed the way IT is developed and deployed. This shift is being driven by the manner in which IT is consumed and their expectations of having a seamless experience with higher personalized services. At the core of this new technology paradigm, has been the unprecedented growth in data. And unlike the past technology waves, there is a shift from generalization to personalization. The economic uncertainty and political volatility has put IT budgets under pressure and fueled organizations to seriously consider shifting from a Capex model to an Opex model. Thereby driving the adoption of Cloud Computing. The adoption of Cloud Computing will be fueled by the spending on Public Cloud. This would be driven by shifting their noncore applications to an Opex model. While investments in infrastructure are expected to decline, there would a growth in Software and services. The Public Cloud, both globally as well as in the region, will largely be driven by SaaS (Software-as-a-Service). With security concerns and data privacy being addressed we would witness faster adoption of IaaS (Infrastructure-as-a-Service). To strengthen the underlying core of their cloud computing platform, organizations are now deploying PaaS (Platform-as-a-Platform) solutions. Seamless integration across platforms, both on-premise and on cloud, will drive Middleware technologies. There would be demand for converge infrastructure as organisations look at integrating their hybrid environments of data centers and Cloud Computing. Internet of Things (IoT) will generate 74 INTELLIGENTCIO unimaginable quantum of data, providing data related growth opportunities thereby driving Digitalization. IoT will create new market opportunities across industries and the region. There will a rise in the number of IoT devices (ibeacons, sensors, etc) installed thereby driving new business and operating models. This will be fueled by SmartInitiatives across the region such as the Smart Cities, Smart Travel, Smart Hospitals, Smart Education, Smart Retail, etc. The growth in Data generated will drive Analytics across predictive, prescriptive and cognitive. Organisations will need to make meaning of their