Here’s what UAE has achieved in 2018 in the Tech Run
TECOM has gone huge
Read Also: Here is Why UAE is a Tech Pioneer
Oracle joins the Dubai startup revolution
Another major announcement in May 2018
where Oracle declared its support for Dubai Internet City’s in5 incubator for
faster and long-term development in
the city. Oracle has immense experience in software development and has always
kept up with the technology trends to stay relevant in the market. And now,
with its expertise in the sector, the US-based software giant is set to guide
Dubai on the road to becoming the smartest city in the world. As per the
officials from Oracle, in the next few years, the company will help Dubai tech
startups and organizations achieve better understanding of smart and automated
technologies such as artificial intelligence, machine learning, predictive
analytics, robotics, and basically everything that can help the city achieve
automation in public services, as UAE’s major focus for now is to create smart
tech across the city of gold in as many public service terminals as possible.
Supposedly, Oracle’s plan to educate Dubai on various technological fronts is via meet-up events around the city, conducted exclusively for DIC’s in5 incubator startups and companies. Dubai anticipation to welcome Oracle as well has been quite positive, as Abdul Rahman Al Thehaiban, senior VP of Oracle in Middle East and Africa stated that an Oracle Digital Hub was set up in 2017 to facilitate the company’s expansion for cloud technologies. The major companies to benefit from cloud technologies in Dubai are going to be from the small and mid-sized category.
The scope of IoT in UAE is insane
According to Sameer Areff, COO of SAP
Middle East South, at present, UAE has high adoption rates for smart
technologies like AI, Machine Learning, IoT and others. While the word smart
may have different meanings in different contexts, in terms of technology that
connects a city, it is all about integration of different technologies to build
a system that facilitates flow of information to run various subsystems. And
this is exactly what the Emirati leaders are aiming to achieve. Consequently,
the demand for IoT-based solutions are
quite high among tech industries. As per a report by MicroMarket Monitor, the
IoT market in UAE is going to take a leap with a staggering CAGR of 28%. A
clear indicator of what UAE has in mind, the total market capitalization of IoT
in UAE is poised to reach $35 billion US by 2019. This is probably the highest
estimated IoT growth rate among the regions around the world. As an
infrastructural base, Dubai is also promoting the use of blockchain to enable
uninterrupted and secure transfer of data across terminals for traceability. Subsequently,
the UAE Blockchain Strategy 2021 is aimed at building a blockchain
infrastructure in Dubai, as a pilot project, which, upon succeeding, will be implemented
in other major cities as well in UAE, like Sharjah, Al Ain, Abu Dhabi and more.
5G Wireless network launched in UAE
Last year, Samsung was one of the first
companies to give the world a demo of what 5G services are capable of. Displaying
speeds above GBs/s, Samsung gave a clear demonstration of what 5G can offer to
industries as well as individual users. And now, one of the biggest telecom
services provider in the Middle East and North Africa (MENA) region, Etisalat
has launched the commercial 5G network, which is bound to unlock new potentials
in the tech scenario in the region. Reportedly, a drone using 5G bandwidth
showed off its capabilities in wider controls and 4K streaming while on the
run, during a demo exhibit conducted by the telecom giant. The move was clearly
an effort to get people and Emirati industrialists see the range of industrial
applications 5G networks can handle, apart from the amazingly smooth calling
experience.
However, for now, only the wireless version
of the 5G has been announced for the region and the highly anticipated fixed 5G
services are en route, as per the officials of Etisalat Group.
The technological canvas of UAE has always
been open for innovation and creativity, with undoubtedly a special emphasis on
making Dubai, a tech haven for those enthusiastic about it, as well as
tourists. In the last couple of years, some of the most shocking tech
innovations, mostly in a positive sense, have been brought to UAE. Notably, Sophia the first humanoid robot, was
given the citizenship of UAE in a very engaging press event where Sophia itself
was present, and answered some really complicated questions like a pro. But
citizenship to a robot? The move may have been unique at a glance, but was it
necessary. And if yes, how so, from a productive point view?
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