Features
Security in the Cloud Age: Combating Risks with Hybrid Cloud Solutions
Fadi Alhaddadin, Assistant Professor, Mathematical and Computer Sciences, Heriot-Watt University Dubai
Migration to cloud computing is no longer a trend but a necessity in this tech era. Security concerns loom large as businesses flock to cloud solutions for their agility, scalability, and cost-effectiveness. In an era where cyber threats are more sophisticated than ever, protecting sensitive information and ensuring regulatory compliance have never been more crucial. This is where hybrid cloud solutions step in, offering a promising strategy for risk mitigation and bolstering security in the cloud age.
Hybrid Cloud Landscape: An overview
Hybrid clouds, a fusion of public and private clouds, offer unique advantages. Public clouds offer scalability and elasticity, while private clouds offer enhanced control and security. By combining these two approaches, hybrid cloud solutions more specifically cater to the diverse needs of modern businesses.
Recent statistics underscore the increasing adoption of hybrid cloud solutions. A report by Market Research Future projects that the hybrid cloud market will reach a staggering worth of USD 173.33 Billion by 2025, growing at a CAGR of 22.5%. This robust growth is a testament to the growing recognition that the hybrid cloud strikes an optimal balance between performance and security in the digital realm. According to Flexera, about 72% of businesses are either integrating or are planning to integrate a hybrid cloud.
Addressing Security Challenges in the Cloud
Security worries remain dominant among organisations considering migration into the Cloudscape. The shared responsibility model most cloud service providers (CSPs) use divides security responsibilities between them and their customers. For instance, while data centres ensure the infrastructure base is secure enough, customers need to secure their data and applications hosted on such infrastructure.
However, traditional approaches to security may need to be revised when operating under such conditions. Cloud-based computing is defined by its dynamism, which entails rapid scaling up or down plus virtualised infrastructure, thus producing new cyber risks. Therefore, this requires a proactive and holistic security approach to counter threats such as data breaches, malware, and insider attacks.
The Role of Hybrid Cloud in Enhancing Security
Data Segmentation and Control: Through hybrid cloud architecture, organisations segment their data and applications based on their sensitivity or compliance requirements. Critical workloads can be hosted in private clouds, where there is greater control and separation, while less sensitive workloads can use the scaling offered by public clouds.
Regulatory Compliance: Various sectors require adherence to industry regulations and data protection laws. The hybrid cloud provides companies with options for staying compliant with their industry-specific mandates by locally hosting sensitive information or putting it into private clouds that meet the regulatory requirements. According to reports from Microsoft, 85% of companies surveyed pointed out flexibility as the most significant advantage that comes alongside adopting a hybrid cloud model.
Resilience and Redundancy: In hybrid cloud architectures, distributed workloads increase resilience and redundancy. Should a service go down or be attacked by hackers, businesses could easily switch to other environments, reducing downtime and data loss.
Granular Security Controls: Organisations deploying hybrid cloud platforms benefit from granular security controls, which facilitate customising security policies according to each workload’s demands.
Case Studies: Real-World Implementations of Hybrid Cloud Security
Financial Services: The Banking, Financial Services, and Insurance (BFSI) sector in the Middle East and Africa is increasingly embracing hybrid cloud. This is because the industry needs to keep pace with changing customer expectations and a fast-evolving digital landscape while meeting specific IT requirements and achieving aggressive business growth targets. They ensure compliance by deploying public clouds only for less sensitive workloads while keeping financial datasets onsite or in private clouds since these are scalable.
Healthcare: Cloud-based technologies have become very popular in easing operations among healthcare providers in the Middle East, especially since the COVID-19 pandemic. Many regional healthcare organisations have implemented electronic health record (EHR) systems hosted on the cloud, allowing caregivers to see real-time data about patients’ current medical conditions. Several healthcare providers, including Medcare Hospitals, Emirates Hospitals Group, and Mediclinic in UAE, have adopted a single Healthcare Information System (HIS) to enhance patient involvement and contentment.
Government: Hybrid cloud solutions are important to government agencies that safeguard sensitive information and national security interests. Government bodies, on their part, can blend on-premises infrastructure along with both public and private clouds, hence ensuring data sovereignty and resilience while at the same time embracing cloud innovation. In the Middle East, the potential benefit is huge. According to McKinsey’s analysis, $183 billion could flow into the Middle East by as early as 2030 by successfully implementing about 700 public cloud test cases across more than 600 businesses and governmental agencies. This could equal approximately six per cent of the region’s current GDP.
Future trends and considerations
Emerging technologies and changing threat landscapes will shape the future development of hybrid cloud security. Advanced encryption techniques, zero-trust security models, and AI-powered threat detection will enhance hybrid cloud security. IBM indicates that 60% of companies believe implementing hybrid cloud adoption has positively impacted their uptime, which informs us of a significant trend in our digital era.
Furthermore, digital transformation efforts in many organisations may lead to a convergence of IoT devices with hybrid cloud computing, thereby introducing new threats to the prevailing security structure. This, therefore, calls for robust cybersecurity strategies and partnerships among stakeholders to secure distributed architectures and manage data across various hybrid environments.
In conclusion, while uncertainty persists in the cloud era, hybrid cloud solutions offer a practical approach to managing risks. Organizations can leverage the strengths of both public and private clouds to meet compliance requirements and drive innovation. For example, Accenture, Microsoft, and Avanade collaborated to migrate Unilever’s operations to the cloud, enhancing agility and resource optimization.
In this rapidly changing digital landscape, there is nothing more critical than security in the cloud era. By combining the best qualities of public and private clouds, hybrid cloud solutions offer a compelling way to reduce risks and increase security. The adoption of hybrid cloud architectures has been on an upward trend, which means that organisations can use this option to strike a balance between security, compliance, innovation, and globalisation of economies. Technology will continue to change; hence, safeguarding sensitive data with resilience in a hybrid-cloud environment will require proactive measures and stakeholder partnerships.
Features
Building businesses that last: Lessons from Dubai’s Startup Ecosystem
Dubai-based entrepreneurs and podcast hosts Konstantin Koloskov and Anastasia Davydova share lessons from 2024’s dynamic business landscape, exploring the power of collaboration, sustainable growth, and staying true to your vision amidst rapid change. Dubai in 2024 was a hub of energy and innovation, with startup founders raising capital, scaling rapidly, and embracing the city’s ever-changing landscape
As co-hosts of Culture Mapping, a podcast exploring the intersections of culture, entrepreneurship, and life in the UAE, we’ve had the privilege of looking at Dubai through a unique lens. Our conversations with inspiring guests—from startup founders to artists—have offered us fresh perspectives on the opportunities and challenges 2024 has brought.
At the same time, our collaboration on the podcast has been a powerful reminder of the strength found in partnerships. Beyond being co-hosts, we’re both entrepreneurs leading our own companies — Konstantin, the co-founder of Storm, a content studio, and Anastasia, the co-founder of Movingo, a relocation platform for businesses and talents moving to the UAE.
2024 was a challenging year for both of us, but it reinforced a key insight: the power of collaboration within teams and across industries and ventures. Supporting each other in our businesses while building the podcast together has opened new opportunities, sparked creative ideas, and brought energy to everything we do. We also saw This spirit of collaboration reflected in our podcast guests. Dubai in 2024 has been a hub of energy and innovation, with startup founders like those we interviewed raising capital, scaling rapidly, and embracing the city’s ever-changing landscape. Their stories reminded us how crucial it is to stay connected to a network of thinkers and doers who inspire and challenge you.
Key Lessons from 2024
- Stay Open to New Opportunities, But Don’t Lose Sight of Your Core Vision: One of our most memorable guests this year was Phillipo Minelli, a visionary artist who embodies this principle. While he sees the growing potential of the UAE and its flourishing art scene, he stays grounded in the values of his work. Phillipo reminded us that growth and opportunity mean little if they compromise your core mission or beliefs.
- Prioritize Sustainable Growth Over Short-Term Gains: Felix Erdman, a businessman featured on our podcast, is a shining example of this lesson. His approach to building wealth with a long-term perspective—eschewing fleeting trends and buzz-worthy ventures—was inspiring. His story reinforced what we’ve learned firsthand in our businesses: thoughtful, strategic growth is the foundation for lasting success.
- Collaboration Drives Innovation: Dubai’s vibrant, multicultural energy fosters collaboration in a way few places can. Whether it’s the three startup founders we interviewed—who shared how working with the right partners helped them scale—or the creative synergies we’ve experienced in our work, it’s clear that great things happen when ideas are shared and connections are made.
Looking Ahead to 2025
As we prepare for the New Year, we’re embracing the lessons of 2024 with a renewed focus on intentional growth. The global economic shifts have made us even more mindful of how we approach risk and investment. Innovation matters, but so does sustainability. To our fellow entrepreneurs, here’s the advice we’ll be taking with us into 2025:
- Keep an eye on new horizons, but stay true to your vision.
- Prioritize sustainable growth over chasing quick wins.
- Value collaboration—it’s a game-changer.
Dubai continues to be a city where ambition meets possibility, and we’re excited to see how it will evolve in the year ahead. For us, the focus is clear: building businesses that last, telling stories that matter, and embracing the power of collaboration to make it all possible.
Features
The GCC Fintech Revolution: A Deep Dive into AI and Financial Literacy
By Mo Ibrahim, Founder & CEO, Maly
The sheer volume of growth that the fintech industry in the region is experiencing is astounding. Driven by a solid regulatory framework that enables both small and big players to contribute to the region’s digital transformation, the UAE and KSA in particular are both making a strong mark as powerhouses of innovation in the larger fintech ecosystem. As a homegrown brand that is striving to make a mark in the tech sector, this is a very exciting time for us at Maly.
There are many key areas that have dominated the fintech scene this year and will continue to play a definitive role next year as well. AI and machine learning will continue to shape the future of finance, along with digital banking, payment landscapes, and public and private partnerships.
AI and machine learning have opened new opportunities for the sector, pushing boundaries of how it can augment customer service and collect data to help redefine financial services for consumers. At Maly, our aim is to seamlessly integrate artificial intelligence into our product offerings, enhancing both customer experience and operational efficiency. Born out of the vision to reduce the financial literacy gap in the region and empower people to improve their knowledge about concepts such as credit scores, interest rates and budget management, Maly is committed to helping customers set short- and long-term financial goals and achieving them by committing to better financial management.
There has been a lot of debate this year on how AI will replace humans eventually, but with fintech, AI has only enhanced and streamlined processes by helping reduce fraud and improving accuracy. At Maly, we are a step ahead of our competitors with our revolutionary tech stack, which is built and managed inhouse. By combining cutting-edge AI algorithms with a scalable, cloud-native architecture, Maly has created a platform that is not only robust but also highly adaptable to the diverse needs of the evolving fintech landscape.
As a tech-focused business, we are deeply investing in understanding the customer behavior and preferences of our target audience in order to customize their experience. With Maly, you can grow, spend, send, and track your money in the same app and make use of group payments features to split costs, simplify payments between friends and set up a Grow Plan for effortless saving.
According to the 2024 Financial Literacy Survey by Visa, 37 per cent of respondents spend as much as their income and 65 per cent want to improve their knowledge of savings and investments. With a year-on-year increase in the cost of living in the country, influenced by rents, petrol prices and other factors, it is becoming critical for residents to take measures to put a long-term savings plan in place and maintain a good quality of life.
Some of the biggest spenders in both the UAE and KSA are the millennials, and being a tech savvy generation, these customers put substantial focus on personalisation and customer experience. Keeping this in mind, we launched our AI-powered financial guide, Luna. With this service, customers can receive tailored plans and advice based on their financial requirements.
The fintech sector in the UAE and KSA is poised for continued growth, driven by supportive policies, technological innovation, and an appetite for digital transformation. Stakeholders, policymakers, and consumers alike must continue to support and engage with fintech innovators to ensure a dynamic and inclusive financial landscape in the Middle East. By fostering collaboration and embracing technological advancements, we can ensure that the benefits of this digital revolution are realized across all sectors of society.
Features
The Technology and Processes Shaping the Hospitality Industry
By – Dr. Sean Lochrie, Associate Professor at Heriot-Watt University Dubai
The hospitality industry has undergone a transformative journey shaped by integrating technology and innovative processes. Particularly in the UAE, a region known for its forward-thinking approach and desire to lead in luxury and service, the impact of these advancements is evident. In a highly competitive market catering to an international clientele with high expectations, embracing technology is beneficial and essential for sustained growth and success.
One of the most significant shifts in hospitality has been the digitisation of the guest experience. Today, digital tools enable a seamless experience from booking to check-out, often with a high degree of personalisation. Many hotels in the UAE use artificial intelligence (AI)-powered chatbots. For instance, Address Hotels and Resorts in Dubai leverages artificial intelligence (AI) for virtual concierge, which can provide an in-depth tour of the Address Downtown Hotel, spotlighting everything from luxurious rooms to gourmet dining and serene spa sanctuaries. Another example is the Ritz-Carlton, a hotel renowned for its exceptional service, which has embraced AI to elevate the guest experience. They introduced an AI-powered chatbot to streamline guest interactions and deliver personalised recommendations.
Many hotels also offer personalised mobile apps that allow guests to check in remotely, access room controls, and request services without interacting with staff directly. These apps are a single interface for managing everything from lighting and temperature to ordering room service. Such conveniences, luxuries just a few years ago, have become essential as guests seek contactless and streamlined interactions. This level of convenience is particularly valuable in the UAE, where the diversity of visitors necessitates quick and personalised communication.
AI and data analytics have transformed how hotels understand their guests and predict their preferences. For instance, by analysing data from previous stays, hotels can tailor their offerings to individual guests, ensuring that each visit is unique and memorable. This predictive capability enables hotels to surprise and delight their guests while optimising resource allocation. AI also plays a significant role in revenue management, allowing hotels to adjust room rates dynamically based on demand and occupancy levels. For instance, many hotels use AI-driven pricing strategies that analyse market trends and competitor pricing, adjusting room rates to maximise occupancy and revenue. Such proactive approaches help hotels stay competitive in a fluctuating market like Dubai, where tourism demand varies throughout the year.
Furthermore, blockchain technology, the foundation of cryptocurrencies like Bitcoin, offers transformative potential for hotel loyalty programs, enhancing security, interoperability, and user experience. With its decentralised ledger, blockchain secures guest information and transaction histories, significantly improving data integrity and privacy. Blockchain enables secure and transparent transactions, reducing the risk of fraud and enhancing data security, an essential consideration in the UAE, where high-end transactions are common. This protection bolsters guest trust in the program. Blockchain also supports interoperability, allowing loyalty points to be earned and redeemed across different hotels or chains, increasing rewards’ flexibility and value. This technology enables real-time, transparent transactions, letting guests track and use points without complex conversion processes. Many blockchain loyalty programs also use tokenised points, which can be traded or transferred, expanding their usability beyond hotel services.
The UAE’s hospitality industry is a beacon of innovation, continually embracing the latest technologies to enhance guest experience, improve efficiency, and drive sustainability. By integrating digital tools, AI, robotics, VR, and blockchain, UAE hotels and resorts are meeting the evolving expectations of modern travellers. These technologies streamline operations and create a memorable and differentiated experience that sets UAE hospitality apart globally. As technology continues to grow and evolve, so will the processes that define hospitality in the UAE, ensuring that this sector remains at the forefront of service, luxury, and innovation. For professionals and stakeholders in the hospitality industry, staying abreast of these advancements is crucial, as they not only influence day-to-day operations but also shape the future of hospitality in a rapidly changing world.
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