STME Realigns Strategic Focus to Cloud Solutions and Managed Services
Global cloud managed services market valued at AED 191.81bn (USD52.23bn) in 2015.
STME, the Middle East’s leading IT solutions provider and systems integrator (SI), headquartered in Dubai, is set to realign its competitive strategy, products, and services to focus more on cloud and managed services in 2016. According to Research & Markets, a market research firm, the global cloud managed services market was valued at AED 191.8bn in 2015 is estimated to grow to AED 434.94bn (USD118.43bn) by 2020 at annual growth rate of 15.5%.
These statistic is reflective of a global trend in organizations opting for managed services and cloud solutions. In the UAE, and GCC region, the adoption of cloud solutions and managed services is increasing rapidly. “Economic diversification plans, and government policies have paved the way for smaller businesses to mushroom everywhere in the GCC. These smaller companies, whether they are start-ups or established SMEs are looking for agile and flexible IT solutions. These trends formed the crux of our decision to focus on this area,” commented Mr. Ayman Al Bayaa, CEO of STME.
While SMEs are the driving force of change in the UAE and the GCC, the use of cloud solutions and managed services is not limited to them and can be scaled for larger organizations. Indeed, one of the many advantages in cloud solutions is the flexibility it affords, so organizations do not need to worry about space as they grow. Managed services on the other hand, provides the best expertise available to clients.
“A common misconception, is that cloud solutions and managed services are the same thing, but in fact these are complementary services which can be deployed depending on requirements. For instance, cloud solutions are virtual solutions that can be used to store and access data and programs, either on or off site, while managed services are those such as web site hosting, system monitoring and management, and data backup and recovery,” explained Mr. Ayman.
Together, these services and STME’s 30-year track record in the IT industry in the GCC, will help increase the competitiveness of home grown organizations in the UAE and GCC on the global stage.
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