Corporates invest ‘big’ for digital sea change

RITIKA SHARMA / Emirates Business

National and international companies, with their operations in UAE, are doing their extra bit in enabling the country to exponentially grow in areas such as speed, connectivity and reliability.
Helping the UAE to fast climb the ladder of digital transformation, corporates are investing huge money in infrastructure and global partnerships, thereby contributing towards a strong economy. After the recent recognition earned by the nation as 26th ranked nation in network readiness in a report by World Economic Forum (WEF), various companies are being praised for their efforts by leaders across the globe.
Talking to Emirates Business, Radwan Moussalli, Senior Vice President, Middle East, Central Asia and Africa, Tata Communications, said, “ As a leading provider of a New World of Communications™, next-generation network readiness is vital to Tata Communications. We are proud of the efforts UAE has made to digitally transform its businesses and this recent acknowledgement by WEF is a testament to UAE’s network readiness. With this recognition, we at Tata Communications, look forward to playing an active role in enabling the UAE to exponentially grow in areas such as speed, connectivity and reliability.”
It is worth a mention that Tata Communications offers unrivalled local expertise and has a broad reach across countries in the Middle East region — with an ever increasing footprint through its owned global infrastructure and partnerships.
Moussalli added, “In the Middle East, we have invested over $250 million in cable systems and networks which connect the region to the rest of the world. Today, Tata Communications is known for the innovative services and solutions it provides to enterprise customers and service providers, and we continuously evolve our offerings to ensure that we provide world-class capabilities that scale as our customers grow.”
Apart from a favourable business environment and a huge scope of growth it is the clear vision of the leaders that is assisting UAE in its digital transformation and encouraging companies to invest in their expertise here, experts believe.
Romilla El Kurdat, a Dubai-based economic research specialist, told Emirates Business, “UAE has a number of benefits and the way the business environment of the country has been developed, it is made sure than all successes of companies are direct contributors to the strength of the overall economy. It is the transparency and commitment of leadership here that is playing a major role in making MNCs comfortable to make such big investments,”
“This are only going to improve with these investments – not only are the companies earning profits, it is benefiting UAE as nation on the whole,” she added.