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Dubai Digital Wealth and IoT strategy

Dubai rolls out Digital Wealth and IoT strategy. Twin initiatives aim to safeguard the emirate’s digital assets and support its plans to become 100% paperless by 2021.

Two landmark digital initiative designed to safeguard Dubai’s digital wealth were launched on Sunday by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.
The initiatives, called the Dubai Internet of Things (IoT) Strategy and the Digital Wealth initiative, were launched at Smart Dubai headquarters at the Dubai Design District, d3. The event was also attended by Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, and Shaikh Maktoum Bin Mohammad Bin Rashid Al Maktoum, Deputy Ruler of Dubai.

The Digital Wealth initiative will safeguard Dubai’s digital wealth by issuing Dubai Digital Certificates to outstanding government and private entities.

The Dubai IoT Strategy seeks to build the world’s most advanced IoT ecosystem in the world’s smartest city to improve people’s lives. The Internet of Things is the network of physical devices, such as cameras, that are networked together to collect and send data.

“Dubai’s push to build the future today has helped establish a digital infrastructure that is now a strategic national asset in the wake of the Fourth Industrial Revolution,” said Shaikh Mohammad. “It is a fortune that all stakeholders in the Dubai government must work together to preserve. The Dubai Digital Certificates and the Dubai IoT Strategy mark the official launch of smart living in the emirate and we have directed all government institutions to cooperate and fully implement the initiatives by the year 2021.”


Shaikh Mohammad said that Dubai Digital Certificates are the benchmark against which all smart services in Dubai should be evaluated, as he accepted the first certificate presented by Dr. Aisha Bint Butti Bin Bishr, Director-General of the Smart Dubai Office, SDO.

Dubai will be unveiling a comprehensive roadmap to guide the implementation of the Digital Wealth initiative, the Dubai Digital Certificates and the Dubai IoT Strategy, said Dr. Aisha Bint Butti Bin Bishr, Director-General of the Smart Dubai Office, SDO.

“We are thus setting the foundation for the emirate’s smart digital transformation, and taking another step towards a better life and promising future for our people.

“Dubai stands out as a preferred destination for business, work and tourism, which has transformed our society into a rich and diverse mix of cultures and nationalities,” Dr Bin Bishr added. “When we launched Smart Dubai three years ago, we sought to enable people to make use of the vast amounts of data generated every day in one of the busiest cities in the world. Today, as we launch the Dubai IoT Strategy, we provide the people of Dubai with an unmatched smart lifestyle. The Dubai Digital Certificates safeguard our Digital wealth and provide greater safety and security. We are committed to working with our government and private-sector partners in Dubai to play our part in the UAE Centennial 2071.”

Younus Al Nasser, CEO of the Dubai Data Establishment, said, “A smart city’s achievement in terms of advanced technologies and smart solutions are a digital asset that cannot be fully utilised unless integrated into central data platforms that are consistently updated. The Dubai IoT Strategy unifies the data sources for the Dubai Pulse platform, Dubai’s digital backbone.”

He added that the strategy opens new prospects for growth, improving overall efficiency across all sectors and opening up unprecedented economic and social opportunities for people in Dubai.

Digital Wealth consists of data, data-storing and processing technologies, smart-tech transformation, paperless transaction policies and systems like Blockchain, digital signature and ID, smart living and clean energy, among other elements. It consists of 121 smart initiatives, 200 databases and 1,129 smart services, and is expected to generate Dh33.8 billion in three years’ time, as the IoT reaches Dh17.9 billion in value by 2020. Meanwhile, open and shared data is expected to add Dh10.4 billion to the GDP by 2021, while Blockchain applications in government departments add Dh5.5 billion to the GDP by 2020.

The IOT strategy aims to protect Dubai’s digital wealth, encourage government departments to join the emirate’s smart transformation, and achieve the objectives of the Smart Dubai Plan 2021 to transform to a 100 per cent paperless government.

The strategy is set to be implemented over four consecutive phases in the coming three years. The first phase centres around coordination of efforts and activities to implement IoT policies across government departments. Second, the Integration and Conversion phase, seeks to harmonise efforts towards implementing IoT Strategy.

After the third Optimisation phase, the strategies will go into the final ‘Blockchain Journey’ stage, which will witness the full integration of IoT policies and the first Return on Investment (RoI) of the strategy. It covers six strategic domains: governance, management, acceleration, deployment, monetisation and security.

Dubai Crowd initiative
The Dubai Crowd initiative was also launched on the occasion. It is the first technical project in the IoT Strategy, which seeks to manage and organise crowds in the emirate during peak seasons to ensure safety and security. Dubai is known for attracting some of the largest public gatherings in the world. The city handles massive crowds during peak seasons, such as New Year’s Eve. Dubai Crowd analyses real-time data and suggests plausible scenarios for decision makers.

The Dubai IoT Strategy drives the emirate’s smart transformation forward as it strives to digitise more aspects of people’s everyday life, connecting them to the Dubai Pulse platform, the digital backbone of the smart city project. As more decision makers across various sectors gain access to information and insight to support their decision via Dubai Pulse, the strategy drives productivity and efficiency in the city and transforms countless industries, providing the tools everybody needs to drive sustainable change and improvements.

Source: Gulfnews

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