Dubai is on track to become the world’s smartest city
Dubai is already on the approach of realizing its various ambitions, from becoming the world’s smartest city to a center for business and cooperation, thanks to regulations that foster innovation, entrepreneurship, and the creation and application of cutting-edge technology.
Dubai has spared no expense in investing in and developing novel, progressive, and intelligent technology in order to become a genuinely forward-thinking metropolis. This same city is positioned to be one of the world’s smartest cities and a leader in technology and innovation, with projects such as the Dubai Data Strategy, Dubai 10X, Smart Dubai 2021, Dubai Blockchain Strategy, and Dubai Pulse Framework, amongst many others, influencing the lifestyles of not only its citizens but also businesses which will benefit from these endeavours. The city is actively making procedures and operations more efficient by establishing world-class infrastructure that supports and fosters development, business, and advancement.
To that goal, the government has initiated nearly 100 smart projects and 1,000 smart initiatives to support continuity and sustainability, as well as to revolutionize how government services are given to citizens, hence enhancing their pleasure factor. Dubai was recently recognized by the United Nations as a role model for a smart, healthy, and innovative metropolis as a result of its ground-breaking initiatives.
Also there’s Dubai’s Internet of Things (IoT) plan, that aims to create the world’s most sophisticated IoT ecosystem in order to turn the city into a smart city example. In addition, the Dubai Data Wealth Initiative will aim to secure the city’s digital wealth and assist it become completely digital and paperless by 2021, with a projected revenue of USD 9.2 billion.
Dubai 10X aims to identify answers to future difficulties, allowing the city to stay a generation ahead of many other cities.
A center for the ICT industry
Dubai ranks first in the world in terms of innovation and technology, particularly in industries like as automation, finance, and AI, with both the largest FDI in these areas. Furthermore, its pro-business policy positions and efforts to establish a data-driven economic system by incorporating cutting-edge technologies—such as 5G communications, cloud, data analytics, 3D printing, artificial intelligence (AI), IoT, autonomous transportation, and blockchain technology (which will make the city the first one in the world to be fully driven by this technology)—will result in parallel – connected, improved performance, and economic expansion throughout all industries, attracting more investment. The blockchain plan, because of its part, will help make transactions safer, more secure, quicker, and transparent, so improving people’s lives and making them simpler
Dubai is the largest center for Communication and Information Technology (ICT) business in the MENA (Middle East and North Africa) area, including over 1,600 businesses in the industry.
Liberal policies and strategies have contributed towards the city’s status as the third greatest place to live and work in the world. More entrepreneurs are flocking to the region as a result of government-backed residency programs and a statute allowing for 100 percent foreign ownership.
IoT and AI
Aside from that, Dubai is solidifying its status as a pioneer in experience and understanding initiatives, particularly amongst corporations. In collaboration alongside IBM, the city has created a first-of-its-kind AI Lab, that uses AI technology plus machine learning to enhance the delivery of government and city experiences and operations. Also it aims to assist the public and companies in making better use of technology to improve their functionality and management.
A increasing availability of cloud service companies are establishing data centers in the UAE, such as IBM, which recently opened 2 data centers in Abu Dhabi and Dubai. Moreover, and over 70% of Middle Eastern enterprises are expected to employ multi-cloud platforms within next two years, bringing the total value of multi-cloud systems to USD 4.1 billion by 2022.
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