A report by Khazna Data Centres found that 89% of business leaders believe digitalisation will be critical to business success. Experts at a cybersecurity panel highlighted the need for cyber diplomacy based on bilateral agreements to share threat intelligence.
Day 5 of GITEX GLOBAL 2023 saw experts come together to re-evaluate how organisations can thrive in the face of rapid digitalisation as the show came to a successful close.
The 43rd edition of GITEX GLOBAL took place from
Data Centres, the Lifeblood of the Digital Era
A report released during GITEX GLOBAL 2023 by Khazna Data Centres explored the growing demand for data centres due to the increasing importance of digitalisation for business success.
The report found that 89% of business leaders believe digitalisation will be critical to business success, triggering a reassessment of data center requirements. Consequently, 45% of large and extra-large organizations reported that they are looking to expand their IT footprint to achieve greater flexibility, while around 36% aspire for greater levels of digital innovation, and approximately 36% hope to improve their customer experience.
New Data Exchange Platform to Streamline Data-Driven Decisions
Modern enterprises and government institutions rely on data for decision-making. However, they face data challenges such as data silos, privacy issues, and cross-border data exchanges. To overcome these challenges, Mercedes-Benz has launched Acentrik, a data exchange platform that enables secure and compliant data ecosystem building. Mercedes-Benz announced at GITEX GLOBAL that Acentrik is now available in the
Acentrik offers various opportunities for collaboration, data transfer, and monetisation among different entities. Its unique feature is its compute-to-data approach with edge computing capabilities. This allows secure and private computation of data without moving the raw data. Acentrik brings algorithms to the data instead of the other way around.
According to
Laying the
GITEX GLOBAL hosted an exciting discussion on the digital city of the future, during which experts calculated what the world and cities would look like in 2050. They asserted that the 'city of the future' would be an interconnected matrix of information, data, and technology that will continue to revolutionize how we live, work, and play.
While opportunities abound, they also cautioned about the challenges inherent in building a smart city. Technical obstacles can be overcome with the right technology. However, getting people on board necessitates educating and dramatically shifting the public's attitudes about emerging technology. Given the rapid pace of technological advancements, it's crucial to stay informed about the current state of technology and its future direction to meet specific needs effectively, they opined.
Experts on the panel included
Cybercrime Leaves a Trail of Corporate Carnage
Global cybercrime damage could rise to
Leading public and private CISOs discussed the global nature of cybercrime and the critical need for transnational efforts. They included
Cyberspace is borderless, so is cybercrime. While each country must adopt its own cyber defence mechanisms based on local conditions, collaboration with local and global communities is paramount. The panellists highlighted the need for cyber diplomacy based on bilateral agreements to share threat intelligence, whereas an incident identified in one country is shared across all. They also recommended continent-wide and even global security operation centres (SOCs), which can go a long way in securing the world and humanity.
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