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April 25, 2018

Survey: Companies are Bullish on Cloud Analytics, But Need to Speed Up the Pace

Seventy percent agree that analytics are moving to the cloud slower than other business applications; security and low-performing technology are the biggest barriers

A majority of the largest companies in the world (83 percent) agree that the cloud is the best place to run analytics, according to a new survey by Vanson Bourne on behalf of Teradata, the leading cloud-based data and analytics company. In the next five years, by the year 2023, most organizations want to run all of their analytics in the cloud. But, an overwhelming 91 percent say that analytics should be moving to the public cloud at a faster rate.

Where’s the disconnect? According to the survey, some of [...]

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April 22, 2018

Tourism 2.0: A Revolutionary Blockchain – Enabled Virtual Marketplace Designed to Help Achieve Dubai’s Tourism Goals

Dubai’s Department of Tourism and Commerce Marketing (DTCM) has launched Tourism 2.0, a blockchain-enabled marketplace that connects potential buyers directly to hotels and tour operators. The initiative is DTCM’s participation in Dubai 10X, and will further the department’s mission to establish Dubai as the leading destination for global travel, business and events by 2020.

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of the Dubai Executive Council and Chairman of Dubai Future Foundation’s Board of Trustees, launched the bold plan, among a bundle of innovative proposals for Dubai 10X at the 6th World Government Summit in [...]

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April 22, 2018

Dubai Statistics Center: Dubai’s Gross Domestic Product Reaches AED 389 billion in 2017

Dubai Statistics Center (DSC) has revealed that Dubai’s real gross domestic product (GDP) reached AED 389 billion in 2017 compared to AED 379 billion in 2016.

According to DSC, the growth was fueled by the performance of strategic sectors that accounted for 72.2% of total growth in 2017. The transportation and storage sector was the biggest contributor to total economic growth at 18.5%, surpassing wholesale and retail trade, traditionally the largest sector in the emirate. The wholesale and retail trade sector’s contribution to growth stood at 8.3%.

Wholesale and Retail Trade

Arif Al Mehairi, Executive Director of the Dubai Statistics Center, stated: “Wholesale [...]

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April 19, 2018

Mimecast Report: Legacy Email Security Systems Failing to Provide Sufficient Security Protection

Mimecast Limited, a leading email and data security company, announced the availability of its quarterly Email Security Risk Assessment (ESRA), a report of tests that measure the effectiveness of incumbent email security systems. This quarter’s assessment reports that these systems missed 11,653 emails containing known malware, which should be the easiest to identify, as they are detectable by commonly deployed endpoint-based anti-virus technologies. Additionally, the report noted a continued challenge of securing organizations from unknown malicious attachments, dangerous files types, impersonation attacks, as well as even basic spam.

As part of the assessment, Mimecast [...]

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April 19, 2018

Businesses at Risk Due to Unidentified Network Traffic According to Sophos Global Survey “The Dirty Secrets of Network Firewalls”

Sophos, a global leader in network and endpoint security, announced the findings of its global survey, The Dirty Secrets of Network Firewalls, which revealed that IT managers cannot identify 45 percent of their organization’s network traffic. In fact, nearly one-in-four cannot identify 70 percent of their network traffic. The lack of visibility creates significant security challenges for today’s businesses and impacts effective network management. The survey polled more than 2,700 IT decision makers from mid-sized businesses in 10 countries including the US, Canada, Mexico, France, Germany, UK, Australia, Japan, India, and South Africa.

Considering the debilitating impact [...]

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April 18, 2018

Emirates NBD Group launches private cloud as regional first in banking sector

Key milestone in bank’s AED 1 billion IT transformation

Emirates NBD, a leading bank in the region and market leader in banking innovation, has announced that it has launched its own private cloud platform. It is the first bank in the region to implement a private cloud platform that leverages similar technologies to cloud-native companies, marking a major milestone in the Emirates NBD Group’s ongoing AED 1 billion IT transformation.

Through its new private cloud technology, the bank’s IT platforms and applications will benefit through enhanced cost efficiencies as well as higher security, resilience, flexibility, insight and quality control. Emirates NBD’s future [...]

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April 18, 2018

ITWP Announces Significant Growth of Insights on Demand Consortium With New Members Nike, Amazon, Sony, Pepsi, Nordstrom, Mindshare and Others

More than 40 of the world’s most iconic consumer brands and leading digital agencies have joined industry-wide group

ITWP, parent holding-company of Toluna and Harris Interactive Europe, announced significant growth and momentum of the Insights on Demand Consortium it established in January 2018 to reshape the market research industry. Since the consortium’s founding, consumer insights and marketing professionals representing some of the world’s most recognized consumer brands across diverse industries and geographies have joined.

The consortium’s core mission to evolve, refine, and [...]

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April 18, 2018

Enhanced Customer-Centric Services Boost Satisfaction, J.D. Power Finds

Vehicle owners value personalised services that are designed for their convenience and that enhance their experience, according to the inaugural J.D. Power 2018 U.A.E. Customer Service Index (CSI) StudySM .

Ensuring that service advisors are front and centre when it comes to communicating with vehicle owners helps drive overall satisfaction with their servicing experience, which increases by 35 points (on a 1,000-point scale) when an advisor is available to speak to the customer when they drop off their vehicle. Despite this finding, 35% of customers indicate that they spoke to a receptionist rather than a service advisor to discuss their servicing needs when visiting their dealer. [...]

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April 16, 2018

DEWA selects 3 companies for 4th cycle of Dubai Future Accelerators

Dubai Electricity and Water Authority (DEWA) has selected three companies to collaborate in developing solutions to the challenges that DEWA is participating in, during the 4th Dubai Future Accelerators Programme. The programme is the largest business accelerator programme in the world. The 4th cycle will be held for 9 consecutive weeks from 21 March to 17 May 2018. 12 government organisations are taking part under the theme ‘Take Part in Creating the Future’.

“To support the vision of our wise leadership to anticipate and shape the future, DEWA is participating in the 4th Dubai Future Accelerators Programme, to develop new disruptive technologies that will enhance the quality [...]

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April 13, 2018

Mohammed bin Rashid launches ‘UAE Blockchain Strategy’

Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum asserted that the UAE has chosen to adopt the development of ‘Future Industry’ in various aspects as means of development on its way of becoming a world leader in adopting technology.

Comments by His Highness Sheikh Mohammed came during the launch of the ‘UAE Blockchain Strategy 2021,’ in presence of the Deputy Ruler of Dubai His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum and Minister of Cabinet Affairs and the Future His Excellency Mohammed bin Abdullah Al Gergawi, and a number of ministers.

“The adoption of this technology will reflect on [...]

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April 7, 2018

The UAE starts adopting of artificial intelligence in the infrastructure sector

His Excellency Dr. Eng. Abdullah Belhaif AlNuaimi, Minister of Infrastructure Development, along with His Excellency Omar Bin Sultan Al Olama, Minister of State for Artificial Intelligence, explored the ministry’s application of Artificial Intelligence technology in the federal roads projects during their field tour to the Kalba Ring Road development project, which will contribute to a reduction of 54% in project duration, 37% in fuel consumption, 80% in manpower dependence and 40% in equipment and manpower needed.

His Excellency emphasized that the Ministry of Infrastructure Development is working on applying the latest technologies of infrastructure development [...]

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April 7, 2018

Dubai Future Foundation launches second edition of One Million Arab Coders initiative

Dubai Future Foundation (DFF) has announced the launch of the second edition of the One Million Arab Coders initiative, which was launched by Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum.

Registration in the second edition of the initiative is open to all Arab youth from across the world. The deadline for registration is 10th April, 2018. Interested applicants can register on the website www.arabcoders.ae

Supported by the Hussain Sajwani – DAMAC Foundation, the One Million Arab Coders initiative features three stages. The first stage includes registering to join one of two categories – Arab students [...]

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April 5, 2018

Gartner Says Employee Confidence in the Economy is Strong

Global Talent Monitor Data Shows an Increase in Percentage of Employees Looking for Positions Outside their Organization

Employees’ confidence in business conditions reached a seven year high in 4Q 2017, according to CEB, now Gartner. Data from the latest Global Talent Monitor report shows employee confidence in the Business Confidence Index reached 54.9 in 4Q 2017, up from a score of 53 in 4Q 2016.

With employee confidence rising, employees are looking more at other opportunities. According to the latest data, 33 percent of employees worldwide intend to stay with their organization, down 1.3 percent from 3Q [...]

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