IDC Explores the Rise of the Digital Economy as It Hosts 16th Annual Middle East CIO Summit in Dubai

February 22, 2023, Dubai – International Data Corporation (IDC) today launched the 16th edition of its annual IDC Middle East CIO Summit at Dubai's Atlantis, The Palm. With more than 500 of the region's most influential ICT decision makers in attendance, the two-day event — which this year runs under the theme 'Enabling the Digital Economy's Leaders' — was opened by IDC's global president, Crawford Del Prete, as he presented the summit's keynote, 'Strategies for the CIO and Enterprise Innovation'.

"As storms of disruption continue to gather, it is crucial that CIOs are clear on what they need to do now — and in the future — to create an environment for long-term sustainable innovation," said Del Prete. "Central 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."

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

The rise of the digital economy was central to discussions on Day 1 of the summit, with IDC's group vice president and regional managing director for the Middle East, Türkiye, and Africa, Jyoti Lalchandani, explaining that it is one of the hottest tech trends shaping investment in 2023. "We are seeing a growing focus across the region on developing the infrastructure, innovation platforms, and skills required to support the expansion of digital businesses," said Lalchandani. "To 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."

The Day 1 agenda also included a series of fascinating 'For the CIO by the CIO' panel discussions, with expert insights from some of the region's most respected end-user tech leaders on topics such as:

• Talent Development and the Demand for New Skills: How to Optimally Structure Your Team

• Sustainable Strategies and Technologies: Operationalization, Impact Measurability, and Business Value Creation

• Vendor Selection and Management: Best Practices and What to Look Out For

Day 2 of the IDC Middle East CIO Summit 2023  commences at 9:00 am tomorrow and will include an exclusive keynote from His Excellency Dr. Mohamed Al Kuwaiti, head of cybersecurity for the UAE government. There will also be a show-stopping performance from contemporary artist Neil Harbisson, the world's first officially recognized human cyborg, while IDC's senior vice president and regional managing director for Europe, the Middle East, and Africa, Steven Frantzen, will take to the stage to examine the unprecedented rate of disruption that is being caused by the emergence of a thriving digital economy.

"Digital-native firms, equipped with new business models and armed with substantial venture capital funding, have disrupted supply chains in numerous industries, fueling growth in areas such as ecommerce, direct-to-consumer services, digital payments, and cloud kitchens," says Frantzen. "With the metaverse and Web3 paradigms on the horizon, further disruption is expected to individual, enterprise, and industrial digital experiences."

The agenda for Day 2 of the IDC Middle East CIO Summit 2023 will also incorporate a series of expert-led technology track sessions focusing on the following key themes:

• Cyber Protection for Today and Tomorrow: Dynamic Security Strategies to Minimize Risk    

• Connecting the Distributed Cloud: From the Edge to the Core    

• Enabling the Data-Driven Enterprise    

• AI and Analytics: How to Win in the Intelligent Economy    

The event will conclude with the IDC Excellence Awards 2023, which will recognize the efforts of the Middle East's leading technology executives across three categories: CIO of the Year; CISO of the Year; and Women in Technology & Business.

To learn more about the IDC Middle East CIO Summit 2023, please click here or contact Sheila Manek at smanek@idc.com / +971 4 446 3154.

The IDC Middle East CIO Summit 2023 is supported by the UAE's Ministry of Industry & Advanced Technology, the UAE's Cyber Security Council, Kuwait's Central Agency for Information Technology, and Dubai Municipality. IDC is also honored to have a wide range of partners on board for the event, including:

Host Partner: Gulf Business Machines (GBM); Strategic Partner: Microsoft; Smart ICT Partner: Red Hat; Digital Solutions Partner: MDS System Integration; Trailblazer Partners: VMware, Huco; Sustainability Partner: Cisco; DX Partner: Tech Mahindra; Innovation Partner: HCL Tech; Summit Partners: Google Cloud / Mandiant, Zero&One, Riverbed, AWS, UiPath; Platinum Partners: eMudhra, Fortinet, SentinelOne, Denodo, f5, Snowflake, ServiceNow, Micro Focus, Boomi, HUMAN Security, Tenable, Recorded Future; Technology Focus Group Partners: Crayon, Equinix, Veeam, OpenText, Hyland, SquareOne, Kaspersky, Manage Engine, RiCSOC / Sahara Watira, Kyndryl, Swimlane, Advanced Technology Consultancy / Huawei, Pure Storage, Mendix, NetApp / Ingram Micro; Sustainability Transformation Zone Partner: Microsoft; Industry 4.0 Transformation Zone Partner: Infor; Exhibit Partners: SER Group, Rimini Street, Freshworks, Truspeq, Infinidat, SymphonyAI Summit, New Smart Office Automation, BMC; Associate Partners: Emirates Digital Association for Women, UAE Banks Federation, Women in AI, Women in Cyber Security Middle East; Media Partners: Tech Magazine, IE Industry Events, AI Time Journal, DX Talks, GCC Business News, Security Middle East Magazine, Global Business Magazine, CoinPedia, Coinspeaker, U.Today, International Business Magazine, TechX, Media 7, DigitalsetGo.

About IDC

International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,300 analysts worldwide, IDC offers global, regional, and local expertise on technology, IT benchmarking and sourcing, and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly owned subsidiary of International Data Group (IDG), the world's leading tech media, data, and marketing services company. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDC and LinkedIn. Subscribe to the IDC Blog for industry news and insights.

IDC in the Middle East, Turkey, and Africa

For the Middle East, Turkey, and Africa region, IDC retains a coordinated network of offices in Riyadh, Nairobi, Lagos, Johannesburg, Cairo, and Istanbul, with a regional center in Dubai. Our coverage couples local insights with international perspectives to provide a comprehensive understanding of markets in these dynamic regions. Our market intelligence services are unparalleled in depth, consistency, scope, and accuracy. IDC Middle East, Africa, and Turkey currently fields over 130 analysts, consultants, and conference associates across the region. To learn more about IDC MEA, please visit www.idc.com/mea. You can follow IDC MEA on Twitter at @IDCMEA.