Cloud adoption is accelerating worldwide: Forbes calculated the compound growth rate of cloud computing at a staggering 19 percent, meaning that its market value will rise from USD 67 billion in 2015 to USD 167 billion in 2020. The Middle East is at the forefront of this trend. Experts forecast that by 2020, there will be a 440 percent increase in datacenter traffic in the region. It is only a matter of time before the cloud supports the whole world.

Read more: Huawei: The intelligent cloud for digitalization of the Middle East

Nokia says that 5G will be a key-enabler for what it is labeled as the 'Fourth Industrial Revolution' and that the next-generation technology has the power to completely transform societal norms in sectors such as manufacturing, transportation, energy and healthcare. Telecom Review managed to secure an exclusive interview with Head of Customer Marketing and Communications, MEA at Nokia, Joachim Wuilmet during GITEX Technology Week.

Read more: Nokia emphasizes 5G is now primarily the technology for industry and Internet of Things

BridgeWave Communications, a market leader in the development and deployment of high capacity microwave and millimeter wave backhaul and front-haul solutions, is set to accelerate its growth and footprint in the Middle East following the regional launch of its NAVIGATOR DT systems at GITEX Technology Week.

Read more: BridgeWave set to accelerate growth in the Middle East with introduction of new products at GITEX

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US President Donald Trump recently met with tech leaders at the American Leadership in Emerging Technology event which was attended by executives from the country's leading operators such as AT&T CEO Randall Stephenson and Sprint CEO Marcelo Claure. Trump said he will give US companies the competitive advantage they need to lead the way in new technological development.

The White House event, which is part of FCC chairman Ajit Pai's Tech Week in the US, centered on discussions about emerging technologies such as drones and 5G. In a speech addressing the executives at the event, Trump said, "We're on the verge of new technological revolutions that could improve, virtually, every aspect of our lives."

Trump promised he would support US companies by helping to "unleash the next generation of technological breakthroughs that will transform our lives and transform our country, and make us number one in this field."

The President added: "This is a very, very competitive field. You see what's going on in China and so many other countries and we want to remain number one. We want to go to number one in certain areas where we're not number one and we're going to give you the competitive advantage that you need."

The event also included the US president meeting with other technology leaders such as representatives of Amazon, Google and Microsoft to discuss the government's technology systems earlier in the week.

In a blog post published prior to Trump's meeting, Ajit Pai expressed the importance of removing "barriers to innovation" - a topic frequently brought up by the chairman. He said: "In order for us to expand prosperity and extend economic opportunity to more Americans, we must remain on the cutting edge."

Pai added: "This means that government at all levels must focus on removing barriers to innovation and ensuring that technological advances aren't strangled by bureaucratic red tape."