ABU DHABI, 16th June, 2022 (WAM) Sarah bint Yousif Al Amiri, Minister of State for Public Education and Advanced Technology, has chaired the first meeting of the Champions Network Assembly, that brought together representatives from 17 major national and global companies, alongside SMEs and government stakeholders to explore collaborative ways of accelerating the adoption of advanced technologies in the UAE's industrial sector.
The event, which took place at ADNOC Business Centre, brought together representatives from ADNOC, EDGE, Honeywell, Unilever, Schneider Electric, Emirates Global Aluminium.
The UAE has made no secret of its ambition to be a global leader in the new digital economic order. A series of enabling measures have been put in place to support this goal, including establishing a dedicated ministry of artificial intelligence, digital economy and remote work applications, building the first AI-research university in the world, launching Group 42 and others.
The recent announcement of the UAE Digital Economy Strategy is another significant step in this direction. The UAE envisions the digital economy contributing 20 per cent of the country’s GDP over the next ten years.
The strategy recognises that information, data and technology are today the primary sources and stores of value. Four of the five biggest companies in the world by market cap are digital companies that own relatively little in terms of physical assets. Their value exists in IP, patents, R&D and brand equity. Therefore, there’s an opportunity for the UAE to cultivate its own global digital champ
Beacon Red, an advanced defence solutions provider that tackles complex national security threats, has teamed up with Huawei to advance the cybersecurity vision of the UAE.