Organisations in the UAE head to multiple clouds to help extract revenue from data

Organisations in the UAE head to multiple clouds to help extract revenue from data

DUBAI, UAE: By 2024, 98% of organisations in the UAE will be looking to their data as a revenue driver, with 43% recognising it as a significant source of revenue – up from 23% today. This is according to new research announced by VMware Inc. (NYSE: VMW), a leading innovator in enterprise software.

The research, entitled The Multi-Cloud Maturity Index, was conducted amongst almost 3,000 business and IT decision makers in the EMEA region, including 240 in the UAE. It reveals that 45% of decision makers in the UAE strongly agree that using multiple clouds will enable them to maximise their data to innovate – while addressing critical issues such as national and sector data sovereignty. In fact, data sovereignty is highlighted as one of the key challenges facing organisations in the UAE – with 98% admitting it’s a concern.

The ambition to realise more value from data, however, comes with additional challenges. Security (35%), skills (28%), difficulty stitching different cloud environments together (32%) and siloed access to data (28%) remain key obstacles for organisations in the UAE. Organisations must also improve the control they have over their operational and cloud expenses, with 75% and 70% respectively agreeing this is a concern