Chairman – BTECH (Bahrain Technology Companies Society)
Embracing the Digital Transformation is not any more an option, as the requirement to “build an organization that can change both its technology and its culture rapidly will be core to not only surviving in the time of business disruption, but building a business model that is agile, adaptable and designed to thrive long into the future where change is the only constant”.
Today, according the founder and principal analyst with ZK Research, Zeus Kerravala, digital companies such as Uber, Amazon and Tesla are distracting their markets within five years. Kerravala notices that,” the pace of transformation and business interruption has never been faster. In 1960, on average, businesses keep on their presence on the S&P index for over 60 years. Their rates of change starts moving faster; and by 1980, that ratio was cut in half. Based on these movements, by 2025, it is expected that a business will stay on the S&P index for an average of only 12 years”.
The Senior Digital Strategist & Managing Partner at Invisible Puppy, Tom De Baere, also stresses the fact that we are now at the “Dawn of the Fourth Digital Transformation, the disruption brought by digital is impacting existing business models like never before. And it is not likely to stabilize any time soon. The next wave of digital transformation is just around the corner”.
The GSMA, which represents the interests of mobile operators worldwide, uniting nearly 800 operators with more than 250 companies in the broader mobile ecosystem, shared the same vision in a published comprehensive report on “Embracing the Digital Revolution: Policies for Building the Digital Economy”, in February 2017 stating clearly that “Winning and losing in the digital economy is therefore neither predestined nor mutually exclusive. Countries, societies and companies can all take the steps necessary to win and if one country or company wins, another doesn’t necessarily lose, but digital process does require forethought, strategy”.
Thus, we in BTECH, as we notice more and more workloads move towards the cloud; the complexity and agility of change has to be understood to reduce risk, on one hand, and to Embrace the Digital Transformation, on the other hand. To achieve this target, BTECH works together with the public and private entities in Bahrain to meet the essential requirements of embracing digitalization in the region.
MEET ICT and BITEX 2018 offers comprehensive and secure platform to discuss in depth the safe and successful digital revolution through Embracing Digital Transformation.
Looking forward to seeing you all in MEET ICT and BITEX 2018, in order to pave the road together, to embrace the digital transformation.
Group CEO – Worksmart for Events Management
We are at the era of a revolution that is fundamentally changing the way we live, work and engage with one another. The exponential growth of data, digitalization and internet connectivity is the “backbone” of the Fourth Industrial Revolution. It has the potential to propel societies forward, enable innovative business models and help governments.
Digitization doesn’t just enable what we do, it transforms it – not only business models, but also the policy and social norms.
This year’s MEET ICT Conference themed “Embracing Digital Transformation” has the highlevel experts all over the MENA region to share outstanding knowledge and experience for the conference focusing on Internet of Things, 5G, Embracing Digital Technology, Cloud computing big data and security.
The organizing committee of MEET ICT and BITEX works together every step of the way to provide us with the right quality of programs and activities that will greatly contribute in the growth of ICT Industry. The event will be a great hub to converge delegates and speakers from over 30 countries.
It is a great honor to have the privilege to invite you to join the leading ICT event in Bahrain and I look forward with anticipation as we gather to embrace digital transformation.