As Qatar accelerates its pace toward becoming a knowledge-based economy, digitalization gains traction in all economic sectors. The onset of COVID-19 has immensely increased the speed at which companies in Qatar and elsewhere are embracing new technologies.
However, it takes a mature and capable IT service provider to turn technology and software into a full-blown digital transformation. For companies like MEEZA, a leading IT service provider based in Qatar, digital transformation means a combination of technology, governance, and human capital. On the technology side, MEEZA is well versed in setting up the required infrastructure, including state-of-the-art data centers. And as governance can provide unique challenges as firms struggle to adapt their corporate cultures, firms like MEEZA are ready to step in to smooth the transition. MEEZA also seeks to add value on the human capital side, training its clients' staff to handle the latest technology, including AI, blockchain, robotic process automation, and more.
MEEZA, however, does not exist within a vacuum, but is an important player in a larger ecosystem. According to Qatar's Ministry of Transport and Communications (MoTC), the country's ICT sector is expected to reach USD4.4 billion in 2021. Over the last five years, the Gulf country has been experiencing a drastic a migration toward digital services, accelerated by the arrival in the country of tier-1 hyperscalers, the operators of data centers that offer scalable cloud computing services. This then allowed for the adaption of complex analytics tools and data platforms that are served in Qatar from MEEZA's public cloud. Around the world, hyperscalers rely on companies such as MEEZA to build and operate their infrastructure so they can deliver more and faster cloud computing services to their clients. And this demand only continues to grow thanks to the rise of fourth industrial revolution services inclusive of IoT, AI, 5G, and more.
Service providers are busy operating and managing customer workloads irrespective of technology and where that technology may reside, whether on premise, in a data center, or in the cloud. In this context, digitalization enablers like MEEZA accelerate the government's objective of digitally transforming society and reinvigorating the industrial and economic landscape within the country.
COVID-19 also had an impact on businesses like MEEZA in some interesting ways. The global health pandemic accelerated collaboration and remote work habits. However, that also triggered concerns about security and efficiency, hence the growing need among firms for a guiding hand. With that in mind, MEEZA has been expanding its service capabilities along with its asset capacity, with the stand-out development a brand-new data center that will house global leading hyperscalers, allowing the firm to keep up with the digital needs of the country. Being the fourth data center established by MEEZA and located in Qatar Science and Technology Park (QSTP), M-VAULT 4 is yet another great step on Qatar's digital transformation journey.
MEEZA is also introducing new cyber and integrated security capabilities to keep up with both the accelerated demands of this COVID-19-initiated digital transformation, as well as the global demands of geo-economic concerns. By outsourcing security monitoring, organizations are able to focus on their core business, safe in the knowledge that their data is secure.
As Qatar makes impressive strides on its journey toward a diversified, digitalized economy, firms like MEEZA form the backbone of efforts on the front line. Far beyond simply following trends, MEEZA is a one-stop shop for those seeking true digital transformation.