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  • 19-07-14

    MENA's cloud services investment to top USD4.7b in 2018

    (MENAFN) The data storage technology Cloud Computing Services has become very popular in the Middle East and North Africa (Mena) region, The Peninsula Qatar reported.

    The total investment in the cutting-edge technology is expected to reach USD4.7 billion by 2018, according to Gartner, Inc, an American information technology research and advisory firm.

    From a regional standpoint, the Middle East and Africa region is expected to have the highest cloud workload growth rate from 2012 to 2017 with a CAGR of 45 percent, according to the Cisco Global Index.

    "This cost-efficient method of granting remote access to information has led to an international cloud revolution. It helps increase staff collaboration, secure data, and reduce costs associated with on-premise assets," said a statement.

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