eHosting DataFort, the region's leading managed IT and advisory services provider and a member of TECOM Investments, today announced it will highlight the scope of managed services and its benefits to organizations during the sixth edition of the Financial Technology and Government Technology Summits in Dubai.
Yasser Zeineldin, CEO of eHosting DataFort will deliver a keynote address on 'Managed Services for FSI and Government' on the opening day of the two co-located summits to be held from 4-5 May at Hotel J.W. Marriott.
Zeineldin said: "As the region and the world recover from the global economic crisis, IT spending is likely to increase. However, companies will now be focusing on cost savings and improving business efficiencies to cope with operating in an economic climate that is unpredictable and volatile.
"Both the financial services and the government sector are big IT spenders and have high demands for agility and the ability to dynamically respond to changes. More businesses today are looking to have their IT operations managed by a third party to be able to capitalize on the skilled resources and standard processes offered by a service provider. My presentation will focus on the benefits of outsourcing managed services for the efficient delivery of IT operations."
The summits are being organized by the World Development Forum and will be attended by Chief Information Officers of companies across the public and private sectors. Expert speakers at the event will address topics relevant to the current growth drivers in IT, such as 'Balancing Business Opportunities and Security Risks of Social Media' and 'Cloud Computing – its Impact on IT and Business Agility' amongst others.
Khaled Eid, Managing Director, World Development Forum, said: "In the Middle East, government and private institutions continue to invest heavily in increasingly advanced technology solutions while the international focus is on the region's potential to offer impressive returns on investment. At the Financial Technology and Government Technology summits, the delegates are present purely on an invitation basis, allowing for quality interactions between company CIOs and exhibiting service providers."
A research conducted by IDC has revealed that IT spending in the UAE would witness a 12.4 per cent growth in 2010, reaching approximately US$4.79 billion, compared to last year. Another Gartner research report reveals that while consumer spending will be much stronger than enterprise spending, the spending on IT services will register a six per cent growth to reach the US$1 billion-mark. Sophisticated outsourced IT services such as Cloud Computing will become a wide-spread phenomenon, marking the cautious approach that companies would adopt by avoiding investments towards hardware, adds the report.
Boasting a wide network of technology and channel partners within the GCC/MENA, Europe, North America and Asia-Pacific regions, eHosting DataFort remains committed to helping customers leverage their IT systems to reduce costs and realize maximum revenue potential.
A two-time award winner for Best Service Provider of the year, eHosting DataFort was recognized for its innovative use of new technology in 2009 for deploying and implementing an Operations Support System (OSS) within its data centres and network operation centres in the region.
