We understand that the project will require the involvement of many entities, so the first logical step at our end is getting their input on the solution. We are keen on deploying this at select shopping malls initially to get the process in place before taking over the entire Dubai shopping areas.
Why is "innovative thinking" crucial?
Advancements in technology have set higher market standards, which has in turn resulted in a higher level of competition to excel. In terms of e-business, the scope is much larger: the entire virtual world of the internet. It is thus much more competitive, since your competitors are based all around the world and have the ability combine their global experience into an e-business concept.
Thinking innovatively comes naturally to the human brain. Man has always looked to tread on unknown territory and conquer it, to stand apart from the rest. Entrepreneurs who think innovatively affect the region, the industry and the future trends adopted by the next generation.
The future of e-business in the region
The general public is more net-savvy than their previous generation, and this is further fuelled by government initiatives to "electronize" their processes. Middle Eastern e-Business probably has its greatest potential in the U.A.E.; projected market statistics suggest that we haven't yet reached the pinnacle of our capabilities.
e-Governments, e-Forms, e-Gates are out-of-the-box suggestions that evolved into success stories. Projects like the e-Raffle would not just follow their footsteps but will set a new trend for aspiring entrepreneurs in the region to reap the rewards that the electronic media can provide to businesses.
Having mentioned this, the region is relatively new to e-Business. The need of the hour is support and infrastructure, which acts as the catalyst to transforming an innovative thinker into an entrepreneur. Competitions like the Zayed University e-biz challenge and the e-Entrepreneur Column are steps in the right direction towards this transformation.
Dr. Abdullah Abonamah, Director of the ITI at Zayed University
Wednesday, April 20 - 2005 at 08:53 UAE local time (GMT+4)
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This article was updated on Sat May 26 2007.
Sandil Srinivasan graduates in June 2005 with a BSc. in Software Engineering from the
Emirates College for Management and Information Technology. He intends to pursue his Master's, focusing on AI and pattern recognition. Sandil's other interests include photography, music and table tennis.
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