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CEO Weekends: Africa and Middle East Register Great Growth in Cloud Index

cloud-computing

Middle East and Africa will record high growth in cloud computing through to the year 2017. The growth has been predicted to be 57 percent Compounded Annual Growth Rate (CAGR), taking the lead globally.

According to Cisco, Africa and Middle East will be followed by Asia Pacific (43 percent CAGR) and Central and Eastern Europe (36 percent CAGR).

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“People all over the world continue to demand the ability to access personal, business and entertainment content anywhere on any device, and each transaction in a virtualized, cloud environment can cause cascading effects on the network,” said David Meads, Cisco’s Vice President for Africa.

“Because of this continuing trend, we are seeing huge increases in the amount of cloud traffic globally within, between and beyond data centers over the next four years.”

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Approximately 17 percent of data center traffic will be fueled by end users accessing clouds for web surfing, video streaming, collaboration and connected devices, all of which contribute to the Internet of Everything, which is the networked connection of people, data, process and things, the company said.

Cisco forecasts that global cloud traffic, the fastest growing component of data center traffic, is expected to grow 4.5-fold – a 35 percent combined annual growth rate (CAGR) – from 1.2 zettabytes of annual traffic in 2012 to 5.3 zettabytes by 2017.

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Vince Matinde
Vince Matindehttp://www.matinde.com
All things digital. Africa is the next tech space to watch out for. Keep it here as I tell you all about it @matinde. Email me at [email protected]

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