MIDDLE EAST
Long-term goals Although GBI houses social network caching and technological advances within its internet systems , it might face a number of uphill battles with competitors . “ We are David in a Goliath industry . I ’ m sure all of us know the challenges that David faced ,” he adds wistfully .
“ I always ask the question , ‘ in our world today , what ’ s a license ? What ’ s a border ?’ We all have cloud services ; most of us don ’ t actually know where the physical photos of our families are located . So , part of the challenge we face is change . How can we convince incumbents to change or to adapt to new services ?”
Despite this , GBI continues to see exponential growth of up to 50 % per year , operating in an industry which is growing at up to 10 %, reflects Eid . With increased pressures and demands for its services , the company will continue to remain humble , smart , trustworthy , and guarantee increasing value of its services , keeping in mind that the region could need a similar cable in future if the demand for connectivity continues to grow .
With a long-term goal to earn the title of best network , as well as the best submarine network in the region , GBI will also continue to develop its cloud services , in order to support small contract-based applications and cloud-based applications .
“ You will hear very soon that we are merging with more data centres worldwide in order to provide true software-defined networking . We hope that we are going to win prizes as a software design network provider or as a cloud enabler very soon ,” concludes Eid .
“ At the end of 2018 , we ’ re looking at merger and acquisition activity to grow our business . We are touching the quarter of billiondollar mark . Being supported by our shareholders , restructuring our debt will also allow us to go even further to increase future capital in GBI and develop future services .”
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