A circular economy entails reusing products, rather than scrapping them and then extracting new resources. Telecommunications players have been heeding the call to promote the circular economy within their own field and market, however, a lot remains to be done.

Read more: Examining Circular Economy for the Benefit of the Telecoms Industry

Today’s digital ecosystem is witnessing rapid growth across e-commerce, fintech, health tech, edutech and other sectors.  Millions of dollars are being spent on developing advanced technologies and gaining access to the market. Moreover, investors, corporations, government, and academia partners are involved in providing tech startups with the essential elements to grow and succeed in the UAE and globally. Striving for operational excellence through digital transformation in terms of RoI, time efficiency, and customer satisfaction is an essential component of any innovative framework in the digital economy.

Read more: Fighting Telecom Fraud with AI

The need for robust and agile mobile networks to empower and drive a country’s digital transformation cannot be understated. Digitalization is helping companies address and solve their biggest and business-critical challenges, using applications that depend on reliable and ultra-low latency connectivity to deliver the goods. As such, the evolution of telecommunication networks is happening at a faster pace.

Read more: Future-Ready Networks for Connectivity Beyond 5G

For the last 25 years, the Middle East has been part of, and benefited from, the telecommunications revolution, taking full advantage of several trends that have shaped the telecom industry over the last few years. Almost all countries in the region have liberalized their telecoms industries since 2000, putting them on a dynamic path of sustainable growth. Despite having a significant financial stake in telecom, some states welcomed competition, albeit to varying degrees, and established effective regulatory authorities while shifting the investment to the private sector.

Read more: New Telecom Trends in the Middle East

Cloud migration helps businesses move their applications, databases, and other IT resources to remote servers in a seamless, secure, and transparent manner. According to the 2022 State of Multicloud report, 60% of organizations are now running production workloads in a public cloud, with migrating more workloads as the most important cloud initiative overall.

Read more: Cloud Migration: An Important Digital Enabler

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