{"id":19410,"date":"2023-02-23T06:00:16","date_gmt":"2023-02-23T06:00:16","guid":{"rendered":"https:\/\/web3unplugged.io\/blog\/?p=19410"},"modified":"2023-02-23T06:00:17","modified_gmt":"2023-02-23T06:00:17","slug":"idc-explores-the-rise-of-the-digital-economy-as-it-hosts-16th-annual-middle-east-cio-summit-in-dubai","status":"publish","type":"post","link":"https:\/\/web3unplugged.io\/blog\/idc-explores-the-rise-of-the-digital-economy-as-it-hosts-16th-annual-middle-east-cio-summit-in-dubai\/","title":{"rendered":"IDC Explores The Rise Of The Digital Economy As It Hosts 16th Annual Middle East CIO Summit In Dubai"},"content":{"rendered":"\n

International Data Corporation (IDC) today launched the 16th edition of its annual IDC Middle East CIO Summit at Dubai\u2019s Atlantis, The Palm. With more than 500 of the region\u2019s most influential ICT decision makers in attendance, the two-day event \u2014 which this year runs under the theme \u2018Enabling the Digital Economy\u2019s Leaders\u2019 \u2014 was opened by IDC\u2019s global president, Crawford Del Prete, as he presented the summit\u2019s keynote, \u2018Strategies for the CIO and Enterprise Innovation\u2019.<\/p>\n\n\n\n

\u201cAs storms of disruption continue to gather, it is crucial that CIOs are clear on what they need to do now \u2014 and in the future \u2014 to create an environment for long-term sustainable innovation,\u201d said Del Prete. \u201cCentral to this is the need to build a culture of trust across the entire organization and its broader ecosystem of partners and customers. We are increasingly seeing a move toward greater industry ecosystem-led innovation, and it is important that CIOs fully understand the implications of this ongoing decentralization. At the same time, enterprise leaders must view increased line-of-business investment as a springboard to greater innovation and not an end state in itself.\u201d<\/p>\n\n\n\n

The IDC Middle East CIO Summit has been a staple of the region\u2019s ICT calendar for 16 years, serving as the ICT community\u2019s premier source of learning about the industry\u2019s latest developments. As well as informative presentations, in-depth discussions, and expert-led panel sessions, this year\u2019s edition incorporates five different \u2018Transformation Zones\u2019 demonstrating pioneering use cases and technological advances in the areas of the metaverse, DevOps, customer experience, sustainability, and Industry 4.0.<\/p>\n\n\n\n

The rise of the digital economy was central to discussions on Day 1 of the summit, with IDC\u2019s group vice president and regional managing director for the Middle East, T\u00fcrkiye, and Africa, Jyoti Lalchandani, explaining that it is one of the hottest tech trends shaping investment in 2023. \u201cWe are seeing a growing focus across the region on developing the infrastructure, innovation platforms, and skills required to support the expansion of digital businesses,\u201d said Lalchandani.\u201dTo set themselves apart in an increasingly competitive market, organizations need to leverage infrastructure, data, and skills alongside critical technology enablers such as 5G, the cloud, and AI. Only then will they be able to successfully re-invent their business models, create new customer experiences, and drive innovation with their partners.\u201d<\/p>\n\n\n\n

The Day 1 agenda also included a series of fascinating \u2018For the CIO by the CIO\u2019 panel discussions, with expert insights from some of the region\u2019s most respected end-user tech leaders on topics such as:<\/p>\n\n\n\n