How Technology Will Transform Dubai in 2020
New technology is changing Dubai. It is a constantly expanding and transforming the GCC. Communication has never been more important with an ever evolving and complex economy and the growing oil industry. It is technology that allows people to stay connected wherever they may be.
While the oil and gas industry in Dubai is still on top, Dubai is looking for new ways not to rely too much on this industry. The country has refocused their energies and efforts into the tourism, hospitality and commerce sectors. These expansions require the best that technology has to offer, and Dubai has laid the groundwork for advanced technology to be featured across all these industries.
There are still areas in Dubai that are remote. These areas can no longer rely on traditional forms of communication. They need new technology and this is what Dubai will focus on in terms of developing these areas further and letting them become a part of the transformative region that is visible to the world.
Here are top technological trends that Dubai will see in 2020
Companies are finding that they need to invest more and more in cyber-security. The world online is no longer safe as it used to be in the past. Security investments are driving the growth in the economy. Every organisation has security as their top priority, and this trend will continue into 2020. Security is also becoming a priority in banks and the public sector.
Organisations have started to invest in artificial intelligence. These cognitive technologies include analytics, robotic process automation and chat bots. This is with the idea to boost efficiency in the operations of an organisation. Artificial intelligence will see a growth of 25.63% in 2020 that is $73.66 million compared to $58.63 million in 2019.
Digital transformation is slowly entering the mainstream. Organisations are becoming focused on aggressive digital transformation. Organisations want to improve customer experiences and are using digital transformation to achieve their objectives. Up to 30% of enterprises in Dubai has already shifted to digital transformation and created effective means of generating revenue.
Public cloud services are at the forefront and the market is expected to reach $406 million. This is a growth of 35% from back in 2018. Cloud is popular due to its speed and agility. Organisations, particularly the IT sector has embraced this service because it has benefited greatly from it.
Restricting requires complete change within an organisation. This fundamental change requires that organisations focus on certain areas that require restructuring and make it their priority. Organisations want to achieve the right size, and for this to take place they are reducing staff and cutting down on investments. It is with the idea to adapt smoothly to the current business environment.
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