Innovation ‘Holds The Key To Our Progress’, Says Sheikh Mohammed Bin Rashid (And Other News)

13 Aug, 2015 - Consumer & Retail


Innovation ‘holds the key to our progress’, says Sheikh Mohammed bin Rashid

“Innovation today is not an option but a necessity, not a general culture but business style. Governments and companies that do not renew or innovate lose competitiveness and control. They are bound to regress,” Sheikh Mohammed said. The Vice President and Ruler of Dubai was launching National Innovation Week, which will take place from November 22 to 28.

Read the full story on The National.

New IDC Forecast Predicts CEMA Internet of Things Market to Grow 22% in 2015

The Internet of Things (IoT) market in Central and Eastern Europe, the Middle East, and Africa (CEMA) is expected to expand 22% in 2015 year on year, reaching $14 billion in total value, according to a new forecast from International Data Corporation. The first-of-its-kind IoT forecast focuses on 25 of the fastest-growing IoT use cases in 11 vertical industries, including manufacturing, transportation, healthcare, government, utilities, retail, and consumer, while also sizing IoT opportunities across the technology stack.

Read more via IDC.

Digital Transformation of Public Transport 

The landscape of Dubai is shifting with the advent of Dubai Smart City, free access to Wi-Fi across the city and along the beaches, and the extension of Dubai Metro to the World Expo 2020 site, adding another 15 km to the Red Line. Some of the most important changes in the landscape cannot be seen and are part of the digital landscape that is emerging alongside public transport — physical metro lines and digital networks are being woven together to create smart public transport.

Read more via ITP.net.

Dubai Metro - Dubai, UAE

Dubai Metro

Image source: BusinessBuzz.me