Global spending on digital transformation is predicted to jump 20 per cent annually to $1.8 trillion next year, according to Statista.
Covid-induced market disruptions and widespread adoption of hybrid work models have accelerated the process. Many businesses are more inclined towards developing in-house technologies to reduce their dependence on third-party service providers and ensure they are less affected in case of future supply chain disruptions, industry experts said.
“Digital tech initiatives remain a top strategic business priority for companies as they continue to reinvent the future of work … focusing spending on making their infrastructure bulletproof and accommodating increasingly complex hybrid work for employees going into 2022,” said Jon-David Lovelock, research vice president at Gartner.
Amid the increasing digital transformation budgets and emergence of latest innovations, The National looks at the 10 top technology trends for the year ahead.
Generative artificial intelligence
One of the most powerful artificial intelligence techniques coming to market is generative AI. It involves a set of machine learning methods that learn about content or objects from their data and use the knowledge to produce totally new and more realistic products.
Connecticut-based technology research and consulting company Gartner expects generative AI to account for nearly 10 per cent of all data produced, up from less than 1 per cent today.
This technology can be used for a range of activities such as creating software code, accelerating new drug development and targeted marketing. However, industry analysts cautioned it can also be misused for scams, spreading political disinformation and creating forged identities.
Digital finance to become mainstream
Digital finance innovations, such as cryptocurrencies and central bank-backed digital currencies (CBDCs), will boost financial inclusion and improve cross-border payments.
In October, the International Monetary Fund said it was looking at both the risks and opportunities that digital currencies pose.
Central banks across the world are increasingly assessing the potential of digital currencies amid a growing interest in cryptocurrencies and other online payment channels.
The number of countries developing CBDCs has dramatically increased as consumers shifted to digital payments during the coronavirus pandemic, a report by Moody’s Investors Service said.
“For many consumers and businesses that made the switch to digital payments, there is probably no going back, even if the pandemic-related concerns about the tactile nature of cash were to recede,” Eswar Prasad, a professor of economics at Cornell University and author of the book, The Future of Money: How the Digital Revolution is Transforming Currencies and Finance, told CNBC.
Autonomic systems
As businesses continue to transform, traditional programming or simple automation will not scale enough.
Autonomic systems are self-managing physical or software systems that learn from their environments. Unlike automated or even autonomous systems, autonomic systems can modify their own algorithms without an external software update, enabling them to rapidly adapt to new conditions in the field, much like humans can.
“Autonomic behaviour has already made itself known through recent deployments in complex security environments, but in the longer term will become common in physical systems such as robots, drones, manufacturing machines and smart spaces,” said David Groombridge, research vice president at Gartner.
EV charging network interoperability
Electric vehicles are fast gaining popularity as government incentives and subsidies drive their adoption.
But charging is still a problem as public EV charging networks usually have a low level of interoperability – it involves different access methods, payment types and accounts.
UK-based Juniper Research said it will begin to break down in 2022.
The world’s biggest EV maker Tesla is already opening its supercharger network and other large charging networks are expected to follow, to make the technology mainstream.
“End users will gain significantly … they will have better, more comprehensive charging network options, making EV ownership more viable,” Juniper said.
“More EV charging networks will enable interoperability and work to develop common ways to access and pay. Vehicle manufacturers will offer aggregator apps that enable easier charging options,” it added.
Quantum computing
Quantum computers represent a massive acceleration in computing speed and performance. It is expected to deliver extraordinary advances across a multitude of industries including pharmaceutical development, nuclear energy, materials science, renewable energy, climate change mitigation, sustainable agriculture and more.
The world's biggest economies – the US, Russia, China and Japan – as well as tech titans IBM, Alibaba, Google and Microsoft, are all battling for supremacy in the field. Companies such as Visa, JP Morgan and Volkswagen are also experimenting with early-stage quantum technology.
In May, Google said it aims to build a commercial-grade quantum computer by 2029 that can perform error-free complex calculations in tiny fractions of a second.
In March, Abu Dhabi said it will build its own quantum computer, the first in the country, which will be able to process information at much faster speeds than classic technology.
Hyperautomation
Hyperautomation is a process in which businesses automate as many tasks as possible using tools like AI, machine learning and robotics.
It enables fast growth and business resilience by quickly finding, testing and automating as many processes as possible.
Top-performing hyperautomation teams focus on three key priorities – improving the quality of work, speeding up business processes and enhancing the agility of decision-making, Mr Groombridge said.
By 2022, nearly 45 per cent of repetitive work tasks will be automated and augmented by using digital co-workers, powered by AI and robotics, according to International Data Corporation.
Smart connectivity to drive growth
Faster digital connections, powered by 5G and the Internet of Things, will unlock the untapped potential and add to the world economy, industry experts said.
Ensuring faster connections in areas such as mobility, healthcare, manufacturing and retail could increase the global gross domestic product by $1.2tn to $2tn by 2030, according to McKinsey.
Cyber security mesh
Cyber security mesh is a strategy that independently secures each device with its own perimetre. Most of the traditional security practices use a single perimetre to secure an entire IT environment, but a cyber security mesh uses a more rounded and an all-inclusive approach.
“Data is only useful if enterprises can trust it,” Mr Groombridge said.
“Today, assets and users can be anywhere, meaning the traditional security perimetre is gone … this requires a cyber security mesh architecture.”
By 2024, organisations adopting cyber security mesh to integrate security tools to work as a co-operative ecosystem will reduce the financial impact of individual security incidents by an average of 90 per cent, Gartner predicted.
Supply chains to use latest technologies to become resilient
Covid-induced disruptions and cyber attacks have put the spotlight on the necessity to have a resilient network of supply chains.
Supply-chain cyber security will become a concern for all industries, not just those that deal with the software directly, Juniper predicted.
“Legislative pressure, particularly from the US, is driving cyber security reform for the software supply chain … increased availability of AI, blockchain and other digital technologies will be leveraged for increased security following several high-profile data breaches in 2021,” it added.
Cloud computing
The pandemic and the surge in digital services are making cloud the centrepiece of new digital experiences.
In 2022, global cloud revenue is estimated to total $474 billion, up from $408bn this year, according to Gartner.
“There is no business strategy without a cloud strategy,” said Milind Govejar, vice president at Gartner.
“Cloud has enabled new digital experiences such as mobile payment systems where banks have invested in start-ups, energy companies using cloud to improve their customers’ retail experiences or car companies launching new personalisation services for customers' safety and infotainment,” he added.
The specs: Rolls-Royce Cullinan
Price, base: Dh1 million (estimate)
Engine: 6.75-litre twin-turbo V12
Transmission: Eight-speed automatic
Power: 563hp @ 5,000rpm
Torque: 850Nm @ 1,600rpm
Fuel economy, combined: 15L / 100km
A timeline of the Historical Dictionary of the Arabic Language
- 2018: Formal work begins
- November 2021: First 17 volumes launched
- November 2022: Additional 19 volumes released
- October 2023: Another 31 volumes released
- November 2024: All 127 volumes completed
Scorebox
Dubai Hurricanes 31 Dubai Sports City Eagles 22
Hurricanes
Tries: Finck, Powell, Jordan, Roderick, Heathcote
Cons: Tredray 2, Powell
Eagles
Tries: O’Driscoll 2, Ives
Cons: Carey 2
Pens: Carey
COMPANY%20PROFILE
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About%20My%20Father
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Company profile
Date started: January, 2014
Founders: Mike Dawson, Varuna Singh, and Benita Rowe
Based: Dubai
Sector: Education technology
Size: Five employees
Investment: $100,000 from the ExpoLive Innovation Grant programme in 2018 and an initial $30,000 pre-seed investment from the Turn8 Accelerator in 2014. Most of the projects are government funded.
Partners/incubators: Turn8 Accelerator; In5 Innovation Centre; Expo Live Innovation Impact Grant Programme; Dubai Future Accelerators; FHI 360; VSO and Consult and Coach for a Cause (C3)
Ferrari
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SPECS
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The specs
Price, base / as tested Dh100,000 (estimate)
Engine 2.4L four-cylinder
Gearbox Nine-speed automatic
Power 184bhp at 6,400rpm
Torque 237Nm at 3,900rpm
Fuel economy, combined 9.4L/100km
FIGHT%20CARD
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Singham Again
Director: Rohit Shetty
Stars: Ajay Devgn, Kareena Kapoor Khan, Ranveer Singh, Akshay Kumar, Tiger Shroff, Deepika Padukone
Rating: 3/5
COMPANY%20PROFILE%20
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COMPANY%20PROFILE
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EGYPT SQUAD
Goalkeepers: Ahmed El Shennawy, Mohamed El Shennawy, Mohamed Abou-Gabal, Mahmoud Abdel Rehem "Genesh"
Defenders: Ahmed Elmohamady, Ahmed Hegazi, Omar Gaber, Ali Gazal, Ayman Ahsraf, Mahmoud Hamdy, Baher Elmohamady, Ahmed Ayman Mansour, Mahmoud Alaa, Ahmed Abou-Elfotouh
Midfielders: Walid Soliman, Abdallah El Said, Mohamed Elneny, Tarek Hamed, Mahmoud “Trezeguet” Hassan, Amr Warda, Nabil Emad
Forwards: Ahmed Ali, Mohamed Salah, Marwan Mohsen, Ahmed "Kouka" Hassan.
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
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Sui Dhaaga: Made in India
Director: Sharat Katariya
Starring: Varun Dhawan, Anushka Sharma, Raghubir Yadav
3.5/5
UAE currency: the story behind the money in your pockets
Killing of Qassem Suleimani
Groom and Two Brides
Director: Elie Semaan
Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla
Rating: 3/5
The White Lotus: Season three
Creator: Mike White
Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell
Rating: 4.5/5
What is the Supreme Petroleum Council?
The Abu Dhabi Supreme Petroleum Council was established in 1988 and is the highest governing body in Abu Dhabi’s oil and gas industry. The council formulates, oversees and executes the emirate’s petroleum-related policies. It also approves the allocation of capital spending across state-owned Adnoc’s upstream, downstream and midstream operations and functions as the company’s board of directors. The SPC’s mandate is also required for auctioning oil and gas concessions in Abu Dhabi and for awarding blocks to international oil companies. The council is chaired by Sheikh Khalifa, the President and Ruler of Abu Dhabi while Sheikh Mohamed bin Zayed, Abu Dhabi’s Crown Prince and Deputy Supreme Commander of the Armed Forces, is the vice chairman.
UAE currency: the story behind the money in your pockets
Polarised public
31% in UK say BBC is biased to left-wing views
19% in UK say BBC is biased to right-wing views
19% in UK say BBC is not biased at all
Source: YouGov
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
Milestones on the road to union
1970
October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar.
December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.
1971
March 1: Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.
July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.
July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.
August 6: The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.
August 15: Bahrain becomes independent.
September 3: Qatar becomes independent.
November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.
November 29: At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.
November 30: Despite a power sharing agreement, Tehran takes full control of Abu Musa.
November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties
December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.
December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.
December 9: UAE joins the United Nations.
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SPEC SHEET
Display: 10.4-inch IPS LCD, 400 nits, toughened glass
CPU: Unisoc T610; Mali G52 GPU
Memory: 4GB
Storage: 64GB, up to 512GB microSD
Camera: 8MP rear, 5MP front
Connectivity: Wi-Fi, Bluetooth 5.0, USB-C, 3.5mm audio
Battery: 8200mAh, up to 10 hours video
Platform: Android 11
Audio: Stereo speakers, 2 mics
Durability: IP52
Biometrics: Face unlock
Price: Dh849
Email sent to Uber team from chief executive Dara Khosrowshahi
From: Dara
To: Team@
Date: March 25, 2019 at 11:45pm PT
Subj: Accelerating in the Middle East
Five years ago, Uber launched in the Middle East. It was the start of an incredible journey, with millions of riders and drivers finding new ways to move and work in a dynamic region that’s become so important to Uber. Now Pakistan is one of our fastest-growing markets in the world, women are driving with Uber across Saudi Arabia, and we chose Cairo to launch our first Uber Bus product late last year.
Today we are taking the next step in this journey—well, it’s more like a leap, and a big one: in a few minutes, we’ll announce that we’ve agreed to acquire Careem. Importantly, we intend to operate Careem independently, under the leadership of co-founder and current CEO Mudassir Sheikha. I’ve gotten to know both co-founders, Mudassir and Magnus Olsson, and what they have built is truly extraordinary. They are first-class entrepreneurs who share our platform vision and, like us, have launched a wide range of products—from digital payments to food delivery—to serve consumers.
I expect many of you will ask how we arrived at this structure, meaning allowing Careem to maintain an independent brand and operate separately. After careful consideration, we decided that this framework has the advantage of letting us build new products and try new ideas across not one, but two, strong brands, with strong operators within each. Over time, by integrating parts of our networks, we can operate more efficiently, achieve even lower wait times, expand new products like high-capacity vehicles and payments, and quicken the already remarkable pace of innovation in the region.
This acquisition is subject to regulatory approval in various countries, which we don’t expect before Q1 2020. Until then, nothing changes. And since both companies will continue to largely operate separately after the acquisition, very little will change in either teams’ day-to-day operations post-close. Today’s news is a testament to the incredible business our team has worked so hard to build.
It’s a great day for the Middle East, for the region’s thriving tech sector, for Careem, and for Uber.
Uber on,
Dara
Key findings of Jenkins report
- Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
- Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
- Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
- Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
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A list of the animal rescue organisations in the UAE
The specs
AT4 Ultimate, as tested
Engine: 6.2-litre V8
Power: 420hp
Torque: 623Nm
Transmission: 10-speed automatic
Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)
On sale: Now
UAE currency: the story behind the money in your pockets
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Results
Catchweight 60kg: Mohammed Al Katheeri (UAE) beat Mostafa El Hamy (EGY) TKO round 3
Light Heavyweight: Ibrahim El Sawi (EGY) no contest Kevin Oumar (COM) Unintentional knee by Oumer
Catchweight 73kg: Yazid Chouchane (ALG) beat Ahmad Al Boussairy (KUW) Unanimous decision
Featherweight: Faris Khaleel Asha (JOR) beat Yousef Al Housani (UAE) TKO in round 2 through foot injury
Welterweight: Omar Hussein (JOR) beat Yassin Najid (MAR); Split decision
Middleweight: Yousri Belgaroui (TUN) beat Sallah Eddine Dekhissi (MAR); Round-1 TKO
Lightweight: Abdullah Mohammed Ali Musalim (UAE) beat Medhat Hussein (EGY); Triangle choke submission
Welterweight: Abdulla Al Bousheiri (KUW) beat Sofiane Oudina (ALG); Triangle choke Round-1
Lightweight: Mohammad Yahya (UAE) beat Saleem Al Bakri (JOR); Unanimous decision
Bantamweight: Ali Taleb (IRQ) beat Nawras Abzakh (JOR); TKO round-2
Catchweight 63kg: Rany Saadeh (PAL) beat Abdel Ali Hariri (MAR); Unanimous decision
