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'

Read more: UAE operators can capture $3.3bn in digital transformation revenues – Ericsson report

As ICT technologies develop rapidly and become integrated into more and more verticals, the digital economy is becoming the fastest-growing, most innovative, and widest-reaching economy. It is an important driver of global economic growth and recovery, playing a vital role in unleashing the potential of economic development, driving the transformation of traditional industries, fueling sustainable economic development, improving social management and services, and fostering innovation.

Read more: Huawei at GITEX 2018

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.

Read more: NGMN highlight the 5G services required to build a ‘connected future’

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.

Read more: PwC signs agreement to foster digital innovation with leading UAE bank

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.

Read more: Schneider Electric demonstrates its industry-leading innovations at Innovation Summit in Singapore

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.

Read more: ITC registers the least number of complaints for the 2nd quarter in a row

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.

Read more: CommScope to highlight key trends in future networks at GITEX 2018

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?

Read more: Abundant spectrum resource is key to 5G experience

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