• Latest
  • Trending
META region expected to fork out US$58bn for DX by 2025

META region expected to fork out US$58bn for DX by 2025

December 15, 2021
Inaugural AfCFTA Conference on Women and Youth in Trade

Inaugural AfCFTA Conference on Women and Youth in Trade

September 6, 2022
Instagram fined €405m over children’s data privacy

Instagram fined €405m over children’s data privacy

September 6, 2022
8 Most Common Causes of a Data Breach

5.7bn data entries found exposed on Chinese VPN

August 18, 2022
Fibre optic interconnection linking Cameroon and Congo now operational

Fibre optic interconnection linking Cameroon and Congo now operational

July 15, 2022
Ericsson and MTN Rwandacell Discuss their Long-Term Partnership

Ericsson and MTN Rwandacell Discuss their Long-Term Partnership

July 15, 2022
Airtel Africa Purchases $42M Worth of Additional Spectrum

Airtel Africa Purchases $42M Worth of Additional Spectrum

July 15, 2022
Huawei steps up drive for Kenyan talent

Huawei steps up drive for Kenyan talent

July 15, 2022
TSMC predicts Q3 revenue boost thanks to increased iPhone 13 demand

TSMC predicts Q3 revenue boost thanks to increased iPhone 13 demand

July 15, 2022
Facebook to allow up to five profiles tied to one account

Facebook to allow up to five profiles tied to one account

July 15, 2022
Top 10 apps built and managed in Ghana

Top 10 apps built and managed in Ghana

July 15, 2022
MTN Group to Host the 2nd Edition of the MoMo API Hackathon

MTN Group to Host the 2nd Edition of the MoMo API Hackathon

July 15, 2022
KIOXIA Introduce JEDEC XFM Removable Storage with PCIe/NVMe Spec

KIOXIA Introduce JEDEC XFM Removable Storage with PCIe/NVMe Spec

July 15, 2022
  • Consumer Watch
  • Kids Page
  • Directory
  • Events
  • Reviews
Saturday, 28 January, 2023
  • Login
itechnewsonline.com
  • Home
  • Tech
  • Africa Tech
  • InfoSEC
  • Data Science
  • Data Storage
  • Business
  • Opinion
Subscription
Advertise
No Result
View All Result
itechnewsonline.com
No Result
View All Result

META region expected to fork out US$58bn for DX by 2025

by ITECHNEWS
December 15, 2021
in Africa Tech, Leading Stories
0 0
0
META region expected to fork out US$58bn for DX by 2025

Digital transformation investments in the Middle East, Turkey, and Africa (META) are set to double across the 2020-25 period, according to the latest forecast from International Data Corporation (IDC). 

The global technology research, consulting, and events firm says that digital transformation spending in the region will accelerate at a compound annual growth rate (CAGR) of 16.6% over the five-year period, topping US$58-billion in 2025 and accounting for 40% of all ICT investments made that year.

YOU MAY ALSO LIKE

Inaugural AfCFTA Conference on Women and Youth in Trade

Instagram fined €405m over children’s data privacy

“The COVID-19 pandemic has thrust us into a digital-first world, where new digital habits are reshaping consumer behaviour,” says Crawford Del Prete, global president at IDC. “At the same time, end-user organisations are taking a digital-first approach to products, services, customer and employee experiences, and operations. For these organisations, accelerating the journey to becoming a digital enterprise is essential not only for navigating the uncertainties brought about by the pandemic but also for thriving in the future.” 

With end users across the META region increasingly embracing this new approach to business – leveraging advanced technologies to drive innovation, transform their products, and facilitate critical business outcomes – IDC believes that technology providers need to ramp up their capabilities to address their evolving needs. 

“Building a portfolio that has a significant share of advanced technologies such as cloud, IOT, AI, and edge computing, developing business-outcome-focused conversations with customer executives, strengthening skills in advanced technologies, deepening industry knowhow, and fostering an innovation mindset will all be essential competencies that tech providers need to develop if they are to sustain and increase customer wallet share in the digital-first world,” continues Del Prete.

The IDC adds that these insights will top its agenda at the IDC Directions 2022 META scheduled for 31 January 2022 in Dubai.

Jyoti Lalchandani, IDC’s group vice president and managing director for the META region, says, “As different parts of the region take varied paths of recovery from the pandemic – some more uneven than others – organisations in all industries will strive to develop resiliency by aggressively leveraging technologies such as cloud, AI, digital infrastructure, IOT, and security, among others. As digital innovation scales up and industry ecosystems converge during the post-COVID recovery, technology providers need to position themselves to tap into significant new growth opportunities and unearth ways to create new customer value.”

Lalchandani will expand on this as he hosts an exclusive session titled ‘Unlocking Opportunities in the Digital-First World’, during which he will present IDC’s outlook for the ICT markets of the META region. 

By Staff Writer , ITWeb

ShareTweetShare
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.

Search

No Result
View All Result

Recent News

Inaugural AfCFTA Conference on Women and Youth in Trade

Inaugural AfCFTA Conference on Women and Youth in Trade

September 6, 2022
Instagram fined €405m over children’s data privacy

Instagram fined €405m over children’s data privacy

September 6, 2022
8 Most Common Causes of a Data Breach

5.7bn data entries found exposed on Chinese VPN

August 18, 2022

About What We Do

itechnewsonline.com

We bring you the best Premium Tech News.

Recent News With Image

Inaugural AfCFTA Conference on Women and Youth in Trade

Inaugural AfCFTA Conference on Women and Youth in Trade

September 6, 2022
Instagram fined €405m over children’s data privacy

Instagram fined €405m over children’s data privacy

September 6, 2022

Recent News

  • Inaugural AfCFTA Conference on Women and Youth in Trade September 6, 2022
  • Instagram fined €405m over children’s data privacy September 6, 2022
  • 5.7bn data entries found exposed on Chinese VPN August 18, 2022
  • Fibre optic interconnection linking Cameroon and Congo now operational July 15, 2022
  • Home
  • InfoSec
  • Opinion
  • Africa Tech
  • Data Storage

© 2021-2022 iTechNewsOnline.Com - Powered by BackUPDataSystems

No Result
View All Result
  • Home
  • Tech
  • Africa Tech
  • InfoSEC
  • Data Science
  • Data Storage
  • Business
  • Opinion

© 2021-2022 iTechNewsOnline.Com - Powered by BackUPDataSystems

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Go to mobile version