COUNTRY FOCUS: EGYPT
public and private sector organisations.
Cloud adoption is on the rise in Egypt and
organisations in the country have initiated
major transformation projects to offer new
products, expand into new markets, hire and
retain best talent or deliver an exceptional
customer experience.
“Our commitment to Egypt has only grown
and the impact of these investments can
be seen in our size, revenue, customer base,
products and partners. With the rapid rate
of cloud adoption in Egypt and our unique
ability to offer completely integrated
solution across all layers of the Cloud, such
as SaaS, PaaS and IaaS, Oracle will only
continue to get bigger and better.”
www.intelligentcio.com
Rahman Al Thehaiban added Blockchain
will affect the business sector in three
major areas.
“From an operational perspective, Blockchain
can enable process improvement from
simple optimisation to total transformation,”
he said.
“For example, the concepts of the
decentralised ledger and trusted transactions
can replace traditional complex billing or
settlement systems.
“The second will be from a market
perspective; new services and new
revenue streams can be easily generated
by introducing Peer-To-Peer (P2P)
business model. With Blockchain, trusted
transactions can be made between two
parties or a group of peers with the
governance of digital smart contracts and
peers verification.
“The third area, which comes usually with
new trends, is the people. Blockchain is a
great enabler for business innovation and
the introduction of new talents in the market
from different domains.
“New business people can think of many
innovative P2P ideas; even engineers can
build an energy-sharing ecosystem if they
utilise Blockchain.”
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