NEWS
SHEIKH MOHAMMED SANCTIONS UAE ACTION PLAN ON DIGITAL ECONOMY
reviewing the future working plans of the UAE Government in the areas of Artificial Intelligence, AI, the digital economy and teleworking applications, which was introduced as part of the new structure of the UAE Cabinet announced in July and under the new government development plans for the post-COVID-19 era, especially in light of the growing strategic role of the digital economy, smart technology and teleworking in managing businesses in many sectors and fully organising supply chains, both locally and internationally.
His Highness Sheikh Mohammed noted that the contribution of the digital economy to the country’s GDP in 2019 accounted for 4.3 percent, noting that a minister of state was appointed to increase this figure. “The digital economy has proven its efficiency, and the world’s need for it is very obvious during the global health crisis. The digital economy does not need large establishments and significant financial resources. However, it requires minds, ideas and imagination. The future will involve many changes in health, education and trade, and we must be ready,” he said. During the discussion, Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, briefed Sheikh Mohammed on a comprehensive plan that focuses on providing tools and infrastructure to support the UAE’s leadership in anticipating and preparing for global changes. Future plans for the digital economy sector will focus on developing financial cooperation, the freelance economy, digital markets, and digital content.
The partnership with Group 42 enables Digital DEWA companies – Moro Hub, InfraX and DigitalX – to introduce and implement digital and data transformation initiatives. It aims to foster new services around AI and enhance innovations across Digital DEWA’s service portfolio. HE Saeed Mohammed Al Tayer, said, “The partnership with G42 will strengthen Digital DEWA offerings, as they can now extensively collaborate on technological endeavours, to co-create services in the clean energy and IoT, leverage AI-led solutions for government entities and enterprises across different sectors as well as explore the commercial and operational feasibility of such opportunities.” The new services will be hosted on Moro Hub and G42 cloud infrastructure to ensure data security and superior customer experience. The services will be managed in Moro Hub’s Smart Cities Command and Control Centre, offering 24/7 support to future clients.
Peng Xiao said, “We are thrilled to team up with Digital DEWA and play a key role in the digital transformation objectives and initiatives of the country. Our expertise in the fields of AI, Big Data Analytics and cloud computing, combined with our specialised industrial know-how, allow us to develop progressive and holistic solutions to problems in every sector, empowering businesses to transition to digital environments effortlessly. The UAE government is committed to the digital growth and development of the nation, and we are proud to contribute to this goal in every way possible.” Regional clients can look forward to new service innovations addressing several market segments such as AI Research & Development, Cloud and Data Centre services, Industrial solutions, AI Video Analytics as a Service, Healthcare solutions such as COVID-19 detection and diagnostic devices, technical support, professional and other digital services.
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uring a meeting with the ‘Artificial Intelligence, Digital Economy and Teleworking Applications Team’, this week, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has sanctioned the UAE’s action plan on AI and digital economy, according to a report in WAM. Sheikh Mohammed said, “Our priorities are the development of the digital economy that will contribute to our national economy, reinforce the country’s smart infrastructure, ensure our digital readiness and maintain the continuity of business of the UAE Government under all circumstances.” “The digital economy is a key driver in the growth and development of many new national economic sectors, and will help reinforce our competitiveness in the global market and future economy.” His Highness Sheikh Mohammed bin Rashid made this statement while
DIGITAL DEWA, GROUP 42 TO BOOST AI AND CLOUD INNOVATION IN THE UAE
In the presence of HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), and Peng Xiao, CEO of Group 42, Digital DEWA – the digital arm of DEWA, announced a strategic partnership with Group 42 (G42), an Abu Dhabi based leading Artificial Intelligence (AI) and cloud computing company. 6
CXO INSIGHT ME
SEPTEMBER 2020
