IT veteran Kamel Al-Tawil joins as MENA businesses seek to accelerate digital transformation and shift to the cloud
Dubai, United Arab Emirates, – September 15, 2020 Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the appointment of Kamel Al-Tawil as its new Managing Director for the Middle East and North Africa. In his role, Al-Tawil will oversee and continue to grow Equinix’s business portfolio in the region, defining the evolving strategy for the local markets.
The new MENA lead brings a wealth of experience to the role, having worked with major corporations like NCR, EMC and Oracle, where he served in multiple senior leadership positions—most recently as Vice President of Business Applications. Al-Tawil has led large-scale projects across business functions and companies, leveraging leading business and technology practices to deliver effective and efficient ways of working, whilst driving ongoing scale and growth.
The appointment further strengthens Equinix’s developing business in the MENA region, as the company supports organizations with deploying interconnection and other digital strategies to unlock growth in new markets, diversify and improve business and financial performance.
The Middle East has proven to be an exciting market of growth for cloud adoption, with cloud becoming a key component of the region’s digital transformation. According to the International Data Corporation (IDC), investments in digital transformation and innovation will account for 30% of all IT spending in the Middle East, Turkey, and Africa (META) by 2024, up from 18% in 2018. Indeed, Equinix’s 2019-20 Global Tech Trends Survey, found over two-thirds (67%) of UAE IT decision-makers view digitizing their IT infrastructure as a priority. 7 out of 10 (72%) IT decision-makers surveyed in the UAE consider moving infrastructure to the digital edge a priority for their organization’s technology strategy.
Equinix, Inc. (Nasdaq: EQIX) connects the world's leading businesses to their customers, employees and partners inside the most-interconnected data centers. On this global platform for digital business, companies come together across more than 55 markets on five continents to reach everywhere, interconnect everyone and integrate everything they need to create their digital futures. Equinix.com
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of acquiring, operating and constructing IBX® data centers and developing, deploying and delivering Equinix products and solutions; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenues from customers in recently built out or acquired data centers; a failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; risks related to our taxation as a REIT; and other risks described from time to time in Equinix filings with the Securities and Exchange Commission. In particular, see recent Equinix quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.
 IDC Press Release: IDC Predicts Strong Growth in Spending on Digital Transformation & Innovation as ICT Industry Gathers in Dubai, January 2020