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August 26, 2020

AVEVA and OSIsoft Combine Accelerating Digital Transformation of Industrial World

AVEVA, a global leader in industrial software, and OSIsoft, a global leader in real-time industrial data software and services, have announced an agreement for AVEVA to acquire OSIsoft for $5.0 billion. AVEVA and OSIsoft will combine their complementary product offerings, bringing together industrial software and data management to help customers in industrial and essential organizations accelerate their digital transformational strategies as efficiency, flexibility, sustainability and resilience become increasingly urgent requirements for customers.

OSIsoft’s data management software will complement AVEVA’s comprehensive end-to-end engineering, operations, and performance [...]

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August 26, 2020

Dubai Chamber sees 340% surge in companies listing on PPE marketplace

The number of companies listing on Dubai Chamber of Commerce and Industry’s online marketplace for personal protective equipment (PPE) has surged 340% since its launch earlier this year in response to the Covid-19 pandemic.

The Chamber revealed that 66 companies are registered on the Rapid Response Initiative (RRI) marketplace, up from 15 companies in July. RRI is a free-to-use platform connecting UAE companies and healthcare providers with trusted reliable suppliers of PPE products.

New analysis by Dubai Chamber based on data from TradeMap identified China as the largest exporter of medical supplies to the UAE. According to the data, the value of China’s exports [...]

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August 24, 2020

AVEVA to host Second Global Customer Event in ‘AVEVA World Digital’ Series to Explore Agile Technology Solutions That Connect Workers and Boost Collaboration in times of Uncertainty

Leaders from Microsoft, Danone, Shell, Wood Group, Nestle and Henkel to discuss how they are Successfully Utilizing Cloud and Digital Twin Technologies to Deliver Positive Business Outcomes

AVEVA, a global leader in engineering and industrial software, today announced the speakers for its second AVEVA World Digital virtual customer event, taking place on the 25th – 26th August, 2020. The event is aimed at all industrial professionals including CXOs, department heads, directors and managers interested in innovative technology solutions for building organizational resilience and laying the foundation for digital transformation.

Themed ‘Agile Opportunities in [...]

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August 19, 2020

Majid Al Futtaim H1 2020 Financial Results: Diversified Portfolio Demonstrates Resilience Amid COVID-19

Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, today announced its audit reviewed operational and financial results for the first six months of the year. Large-scale business disruption, combined with a much more cautious consumer sentiment resulting from the COVID-19 pandemic, saw the group report revenue of AED17.3 billion and EBITDA of AED1.6 billion, representing declines of 3% and 27% respectively. The group’s assets decreased 4% to approximately AED61.8 billion.

The period presented two differentiated quarters, driven by the impact of the global COVID-19 pandemic. Majid Al Futtaim began [...]

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August 18, 2020

Proven Consult and VSight Announce Live Webinar on Augmented Reality and Remote Collaboration

The live webinar will educate attendees on how AR deployments in remote work strategies can ensure business continuity.

Proven Consult, a market leader in digital consulting services and solutions, together with its strategic partner VSight, a pioneer in augmented reality remote support solutions, is hosting a live webinar on ‘Augmented Reality (AR) and Remote Collaboration’ for enterprises across the GCC market.

The webinar will take place on Wednesday, August 19, 2020 at 3:00 PM UAE time via Zoom. It aims to highlight how businesses are weathering the storm of the on-going pandemic by using AR technologies to accelerate digital and remote work objectives. [...]

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August 17, 2020

Artificial Intelligence Will Increase Retail Competitiveness and Sustain Long-Term Growth

By: Ranjith Kaippada, Director, Cloud Box Technologies

The COVID-19 pandemic has given way to challenges across industries and has brought some businesses to a standstill. Each industry is taking time to adjust and return to business and operate within new dynamics. The retail industry is one of the hardest hit sectors with physical outlets, shopping centres and malls closed to public or reopened with a string of constraints has taken its toll on revenues.

Retailers were not prepared to make the sudden and swift changes for various reasons and had ill-prepared IT environments. Many were not equipped with online and e-Commerce platforms which would be the most [...]

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August 16, 2020

DEWA uses 3D printing to develop future solutions that enhance productivity and operational efficiency

Through its Research and Development Centre, Dubai Electricity and Water Authority (DEWA) has developed advanced infrastructure and specialised software in 3D printing and additive manufacturing. DEWA is the first organisation in the GCC to deploy Markforged Metalx 3D printing based on wire/filament. This technology is highly accurate; reduces time and cost, improves efficiency and productivity,  and enhances innovation at DEWA.

DEWA uses 3D printers to produce prototypes and spare parts for DEWA’s generation, transmission, and distribution divisions, and to support the digitisation of its inventory. The R&D Centre at the Mohammed bin Rashid Al Maktoum Solar [...]

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August 16, 2020

Saeed Mohammed Al Tayer witnesses the agreement by which Etihad ESCO will join Moro Hub’s newly launched state-of-the-art Smart Cities Command and Control Centre

His Excellency Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), witnessed the signing of an agreement between Etihad Energy Services Company (Etihad ESCO), a wholly-owned subsidiary of DEWA and Moro Hub (Data Integrated Solutions), a wholly-owned subsidiary of DEWA to join MORO’s newly launched Smart Cities Command and Control Centre. Etihad ESCO will now benefit from Moro Hub’s world class digital, cloud and secured services while bringing its expertise in measurement and verification, energy monitoring and management  and facility management.

As a Dubai 10X enabler, Moro Hub’s Smart Cities Command and Control Centre [...]

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August 15, 2020

DSOA’s Dtec Forum to Guide UAE-based Entrepreneurs in Navigating the Future

Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), the integrated free zone technology park, announced the agenda for its upcoming Dubai Technology Entrepreneur Campus (Dtec) Forum.

Scheduled to take place virtually on Tuesday, August 18, 2020, the event will explore future opportunities for forward thinking technology start-ups in the region as the UAE continues its gradual return to normal life. Moreover, the Dtec Forum will celebrate technology start-ups who have continued to build and grow their businesses during the coronavirus (COVID-19) pandemic.

Khaled Talhouni, Managing Partner Nuwa Capital, will headline a fireside [...]

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August 9, 2020

Dubai Municipality visits Moro Hub

HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA)welcomed a delegation headed by HE Dawood Al Hajiri, Director General of Dubai Municipality, in Moro Hub (Data Hub Integrated Solutions), a wholly-owned subsidiary of DEWA.

The visit aimed to discuss the opportunities of the joint cooperation between the two parties, where the municipality can enhance its capabilities by adopting more digital technologies to increase efforts in boosting its citizen happiness index, ensuring performance excellence and provide citizens and residents with the best place to live in.

During the visit, the delegation toured in Moro Hub’s world-class [...]

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August 9, 2020

Over 400,000 customers enrolled in DEWA’s ‘My Sustainable Living Programme’

Dubai Electricity and Water Authority (DEWA) announced that more than 400,000 residential customers are enrolled in the ‘My Sustainable Living Programme’ since its launch in October 2018 and until the end of July 2020.

These positive results stem from DEWA’s efforts to promote conservation among different customer segments, especially the residential sector, and help them adopt a sustainable lifestyle innovatively and effectively. ‘My Sustainable Living Programme’ has proved to be highly efficient in assisting customers with an integrated conservation plan to significantly reduce their water, electricity consumption and carbon footprint.

The ‘My Sustainable [...]

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August 5, 2020

IFS named a leader in 2020 IDC MarketScape for SaaS and Cloud-Enabled Large Enterprise ERP Applications

IFS, the global enterprise applications company, has been positioned as a Leader in the IDC MarketScape: SaaS and Cloud-Enabled Large Enterprise ERP Applications.

IFS has seen sustained growth of its overall business, with H1 2020 software revenues increasing by 26% compared to H1 2019. In addition, the company has seen its cloud revenue grow by a remarkable 56% in the first half of the year compared to the same time period in 2019, further validating its cloud first strategy.

Based on a comprehensive evaluation of IFS’s products and strategies, the IDC MarketScape placed the company in the Leaders Category worldwide, citing the following [...]

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August 3, 2020

Dubai Silicon Oasis Authority Implements AI-Enabled Building Management System

Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), announced it has successfully upgraded its existing Integrated Building Management System (IBMS) that looks after 40 buildings within Dubai Silicon Oasis (DSO) to an Artificial Intelligence enabled IBMS.

The system connects almost 60,000 points of control from all the buildings and plants, including the DSOA headquarters,  six office towers, the cedre shopping centre, the operations and facilities centre, light industrial units, two residential complexes, Al Waha Mosque, and Dubai Digital Park project, through a Local Area Network (LAN) and using Tridium’s Niagara Framework to [...]

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UAE Insights
Insights by Emanuela Lertora