One of the most prominent regions that have seen cloud growth is the Middle East and North Africa (MENA). Major tech companies such as Google, Microsoft, and AWS introduced their own data centres in the region and according to Research and Markets, the Middle East cloud applications market is predicted to reach USD 4.5 billion by 2024.
Despite the evident growth, cloud is still an emerging technology in the MENA region, which means there will be questions, uncertainties and risk considerations that many financial enterprises will face. But it’s no longer a question of whether or not to adopt cloud.
Join Jan-Willem Weggemans from Publicis Sapient, Brian Yeoh from ADGM, Yasar Yilmaz from Microsoft and Miljan Stamenkovic from Mambu, as we unpack 4 of the biggest cloud misconceptions that exist in MENA right now and deliver more factual clarity on the way forward for cloud in your business.
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We will demystify:
- Misconception 1: Cloud is less secure and can get easily hacked
- Misconception 2: The location of the data is unknown
- Misconception 3: Cloud is extremely expensive
- Misconception 4: After cloud migration, there is no going back
Miljan Stamenkovic is General Manager of MENA for Mambu. He has a rich history in helping financial services providers implement digital solutions for their business and their customers. With 15 years of experience in banking, financial services, and insurance technology, he brings an in-depth perspective in the areas of digital banking, customer experience, and omni-channel delivery.
