Regionally, much of the predicted market for drones will be driven by the oil and gas ($633m), and utilities ($484m) industries.
News, Telecoms
Oman’s Ooredoo connects 77,000 homes with ‘super fast’ fibre broadband
Oman-based telecom provider Ooredoo has provided 77,000 homes across the Muscat region with super fast fibre home broadband from the existing fast home broadband. 0 5633
Credit card fraud gangs cash in on $24bn a year: study
By taking an online course, which includes webinars, detailed notes and course material for RUB 45,000 ($745) (plus $200 for course fees), aspiring cyber criminals have the potential to make $12,000 a month, based on a standard 40-hour working week.
Micromax launches Canvas 2 smartphone in MENA region
Following its initial launch in 2012, the model is making a grand comeback in its 2017 edition, targeted to disrupt the mid-range smartphone segment.
Emirates NBD commits AED1bn to drive digital transformation
The bank had announced a AED500 million investment in digital banking initiatives last year, but the management has increased investments to spearhead its vision to become the region’s leader in digital banking.
IBM unveils new encryption technology to limit data breaches
The new system introduces a breakthrough encryption engine that, for the first time, makes it possible to pervasively encrypt data associated with any application, cloud service or database all the time.
Google redesigns mobile app, launches personalised ‘Feed’
Google has announced it is revamping its mobile app to include a personalised feed of links about hobbies, travel, sports and other topics – a move that puts the search company into more direct competition with social networks such as Facebook.
Salesforce delivers Einstein AI to onsite, mobile employees
Salesforce has introduced Einstein AI and Analytics for Field Service Lightning, empowering companies to deliver a smarter onsite customer experience.
United Nations selects Dubai as data hub for MENASA region
As a result, Dubai is now in a direct position to inform and drive progress towards the UN 2030 Agenda for Sustainable Development.
Infor launches industry-specific AI platform, Coleman
Operating below an application’s surface, Coleman mines data and uses powerful machine learning to improve processes such as inventory management, transportation routing, and predictive maintenance.
IoT solutions market in GCC set to hit $11bn by 2025: report
By 2025, The IoT solutions market in the region will be worth US$ 11 billion, generating potential value for the economy of nearly US$ 160 billion (AED 587.68 billion), implying that every dollar spent on IoT solutions could produce nearly US$ 14.50 in economic value.