Kuwait Cloud Computing Market—Macro Outlook and Technology Trends, 2017

Cloud Service Providers’ Association with Telcos Critical to Expand Portfolio

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This Industry Docket explores opportunities for infrastructure development in the cloud market including planning and implementing best practices in Kuwait. Recent changes in the country's legislation allow to international IT service and cloud providers like IBM to set up shop. This provides an opportunity for SMEs in Kuwait to leverage global standard services and applications. The docket explores the major growth patterns and risks/challenges associated/perceived by enterprises in Kuwait. The docket also provides insights on key short term and long-term impacts on each vertical by implementing cloud solutions. It also outlines key areas for investment by local and international cloud players

Table of Contents

Kuwait Cloud Computing Market—Macro Outlook and Technology Trends, 2017Frost & Sullivan AdvisoryHosted private cloud services are growing faster than public cloud as providers roll out services that address enterprise concerns over control and securityKuwait’s key e-initiatives, much like the other countries in the GCC, are driving the adoption of IT and cloud services across the country Setting up of the new telecom regulatory shall help the sector to have healthy competition, thus bringing in new services & products to the market Scope & LimitationsScope & LimitationsRegional Brief: MENAThe MENA Cloud market is mainly driven by the GCC, but looking forward big growth potential is hidden in KuwaitMarket Outlook: KuwaitLegislation changes—Kuwait’s foreign investment policy changed, allowing 49% foreign ownership paving way for international giants to set up offices in Kuwait, for e.g.: IBM Enterprises prefer to have their data hosted within the country— lack of clear legal laws causes uncertaintyCloud service providers are yet to find the perfect fit and function for the whole market as technology adoption level varies across verticals Hosted private cloud services are growing faster than public cloud, as providers roll out services that address enterprise concerns over control and securityOf the enterprises 60% consider deploying private cloud as their first choice to improve efficiency and reduce costs Off late Kuwait is focusing on cloud software solutions dedicated to Islamic Finance. The financial services sector is an early adopter of the cloudO&G private cloud infrastructure provides a platform for the proactive management of the entire IT environment, which is crucial for O&G companies in Kuwait Emergence of open standards or open source-based cloud platforms such as OpenStack is a key driver for the growth in hybrid cloudsPublic cloud adoption in Kuwait is limited as the private cloud services and hybrid services address the enterprises’ requirements from a cost and security standpointStill a nascent market; is currently driven by IaaS offered & serviced by Telcos & private local players. SaaS shows the highest potential for future uptake IaaS adoption is growing as enterprises increasingly look to third-parties to assume responsibility and lower costs for managing data centre infrastructureThe Kuwait cloud market has strong competition from both local cloud providers as well as international cloud providersUnlike Qatar or the UAE, international cloud providers tend to operate in Kuwait through local partnersThe Industry going ForwardConnectivity & Convergence – MENA to be linked through 545 Million Connected Devices By 2020Kuwait does offer a great potential for cloud, but there are macro and micro challenges that have to be addressedKuwait, with the right level of awareness created, has the potential to become a large adopter of cloud servicesIaaS stands to be the immediate focus with enterprises looking to migrate from legacy systems, but SaaS is where the future isThe future is in the cloud, but lack of awareness and absence of economies of scale for service providers in Kuwait is a challengeThe evolution of XaaS will drive the market due to CAPEX elimination, but Kuwait still has a long way to goAnnexure: Our ServicesMaximise Opportunities from existing products and markets; systematically explore new products, markets, including Inorganic OpportunitiesOur Growth Consulting CanvasLegal Disclaimer

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