Schneider Electric has established itself as a leader in the digital transformation of energy management and automation. At its latest Innovation Summit which was held in the technologically-driven city-state of Singapore, Schneider Electric demonstrated how the company plans to solidify its position as the global leader in helping companies execute their digital transformation goals in the energy sector.
Reports and Coverage
ITC (Integrated Telecom Company) ranked first for the second quarter in a row in the CITC fixed internet services providers in KSA for the Q2, 2018 for the least complaints recorded. The number of complaints in Q2 reached 63 for every 100,000 customer.
The gap between what's technologically possible and how organizations are leveraging technology continues to grow. As the Middle East and Africa region reduces dependence on oil and diversifies revenue streams, investment in the digital economy is paving the way for a future of connectivity.
Countries around the world are racing to the 5G finish line. From Berlin to Beijing, every government wants the honour of claiming title to the first 5G City. And what better stage to showcase their achievement than international sporting competitions, whose audiences often exceed one billion viewers?
UAE operators can capture potential revenues of USD 3.3 billion from digitalization of industries in UAE, according to Ericsson's 'The guide to capturing the 5G industry digitalization business potential'
Linksys are celebrating 30 years of networking and Wi-Fi innovation for the home and business this year, and it has announced that there is rapid adoption of IoT in the Middle East with a growing number of people investing in smart devices for their home, according to latest study by Linksys on consumer Wi-Fi usage trends, ahead of GITEX Technology Week.
The Next Generation Mobile Networks (NGMN) Alliance - which drives and guides the development of all future mobile broadband technology with a focus on 5G - has published its three deliverables on 5G Extreme Requirements entitled "Operators' views on fundamental trade-offs", "RAN Solutions", and "End-to-End considerations", respectively.
With the aim of regulating the use of fintech technology, the UAE's Minister of Economy has announced a regulatory framework for fintech companies adopting experimental licenses to conduct their operations. Similar frameworks were introduced by Dubai International Financial Centre and Abu Dhabi Global Market over the last year.
Commercial Bank of Dubai (CBD) and PwC Middle East, recently signed an agreement on an innovation program that will help the bank in its objective to become default digital and in providing an exceptional customer experience by collaborating with FinTech startups, and effectively leveraging emerging technology as a tool.
Digital technology has been booming in recent years and is at the heart of a new era that is changing the traditional socio-economic models of business and government. There is general agreement that the digital revolution is a tremendous opportunity for state development and business growth. However, this transformation cannot take place without a profound change in organizations, processes and working methods. It requires judicious technological choices.