Tuesday 16 April 2024
 
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Digitization

Mideast banks move to paperless trade finance

The trade finance sector is gradually moving towards the digitalisation of its processes, according to the International Chamber of Commerce (ICC) 10th Global Survey on Trade Finance. Banks in the Middle East are one of the most positive about t

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UAE's IoT market likely to top $35bn

The UAE’s Internet of Things (IoT) market is set to top $35 billion, as more organisations connect people, processes, and things together for real-time analytics, according to a recent report by MicroMarket Monitor.  

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The human side of the digital workplace quantified

Employees who work in digital workplaces are not only more productive but also more motivated, have higher job satisfaction, and report an overall better sense of well-being, according to a new global study from Aruba, a Hewlett Packard Enterpri

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Digitalization ‘cuts opex by 16pc for energy firms’

Forty per cent of companies believe that digitalization can save 16 per cent or more of operating expenses (opex), according to a new study by Aspen Technology, a leading asset optimization software company. To achieve greater ass

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Majority of GCC firms see key role for digitization

Sixty per cent of the companies in the GCC believe that digitalization has the potential to create new business models or lead to a more open culture of innovation, a report said. However, only three per cent of organizations beli

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Key maritime players discuss digitization, big data

Opportunities emerging from big data and digitization and their role in re-shaping the future of the maritime sector was discussed during a workshop held by Dubai Maritime City Authority in cooperation with Det Norske Veritas, one of the world&#

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Agriculture 'fertile ground for digitization'

A digital revolution in agriculture will improve yields to feed an additional one billion people within 10 years, says a new study. Digitization has the power to challenge well-established business models. Staying ahead of the com

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Siemens to stress on grid digitization at Oman event

Siemens will highlight the importance of integration and grid digitalization while combining and expanding Oman’s centralised and distributed power generation capacities, at a key conference next week. Technologies that can

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Software AG forum probes digital role in business

Software AG, a global leader in business processes, hosted its first Innovation Day in Dubai, UAE yesterday (November 18) focusing on the role of digital strategy in aspects of business including operating models and industry automation.

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Enhanced data safety urged amid digitization in healthcare

As the Middle East healthcare sector embraces technology and advances in electronic services like never before, a leading healthcare technology expert has created a three-point plan to ensure GCC providers keep medical data safe.

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