Complex Made Simple

AI and new technologies are beginning to shape the future

With the advent of rapid technological advancements and ICT-powered economies, the need to re-examine business models is becoming more pressing by the day.

Economic forecasts project the UAE to witness the largest impact of AI in the region at 14 percent of its GDP In today’s modern economy, those that choose to not keep up with tech disruptions may be left behind The UAE has been a pioneer in preparing itself for the future, with the launch of the ‘UAE AI Strategy 2031’

By His Excellency Khaled Al Huraimel, CEO, Bee’ah Group

In recent years, the fourth industrial revolution has prompted governments and businesses throughout the region to undertake notable shifts in their strategic direction. There has been an overarching approach to digitization, which has paved the way for complex next-generation technologies such as artificial intelligence (AI). This growing technology is now rapidly transforming from ambiguity and potential into tangible and measurable implementation, forcing everyone takes note and considers how and when we should incorporate it into our operations and future planning.

The vast prospects that AI holds are evident in international economic projections that estimate it contributing $320 billion to the Middle East by 2030, and an anticipated growth level in AI contribution of 20 percent to 34 percent, annually.

Global analysts concur with economic forecasts that project the UAE to witness the largest impact of AI in the region at around 14 percent of its GDP or approximately $96 billion by 2030. This is indeed a monumental, yet unsurprising figure given the UAE’s progressive stance to economic development and diversification, and its growing interest in adopting various frontier technology across all aspects of life including government, NGOs and businesses to improve and augment efficiencies, operational output, and costs that are set against a backdrop of a modern smart lifestyle for citizens and residents across the country.

 

His Excellency Khaled Al Huraimel, CEO, Bee’ah Group

Moreover, the UAE has been a pioneer in preparing itself for the future, with the launch of the ‘UAE AI Strategy 2031’ by UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum. The strategy will take the country to new levels of smart government by streamlining and optimizing performance and efficiencies as it aims to save 50 percent of annual costs by strengthening interface convenience and tackling excessive transactions and wasted operational hours, amongst others.

Digital transformation: “Keep up, or be left behind”

Bee’ah, in its capacity as an innovation leader and a pioneering force for sustainable solutions in the Middle East, has been proud to be an active and reliable partner of the Emirate of Sharjah and the broader UAE for more than a decade, helping to improve the quality of life for cities and communities. Bee’ah has executed a comprehensive strategy focused on sustainability and digitalization, as the country continues to embark on its inspirational journey towards digitization and the deployment of key technology platforms such as AI, IoT, Blockchain and virtual reality, to name a few.

We remain committed to supporting the emirate of Sharjah’s ambitious digital transformation objectives and roadmap which seeks to build an infrastructure that meets and exceeds the ICT needs of citizens through strategies that create a brighter future for citizens in line with the wise leadership and socio-economic aspirations of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Supreme Council Member, Ruler of Sharjah. Our pledge to the current and future progress of Sharjah has seen us launch and lead a broad range of pioneering solutions in partnership with local entities to assist in effective digitization and e-transformation while playing a pivotal role in positioning Sharjah and the UAE as a highly sought-after global hub for ICT innovation and investments. 

This includes digital and sustainable solutions to serve the needs of key sectors such as healthcare, logistics, education, transportation, and public services across blockchain, waste management, waste-to-energy, consumer protection, conventional or smart recycling and sustainable transportation, amongst others.

The path to balancing technological evolvement and sustainability has indeed not been without challenges, and we had to remain versatile and adaptive over the years to effectively achieve our objectives of accelerating environmental stewardship through the latest in ICT. 

In today’s modern economy, those that choose to not keep up with the rapid changes and be part of the technological disruption era face the risk of being left behind and given the economic impact and benefits that are expected for the region, being left behind is frankly not a viable option. For example, estimates by PwC project that the Middle East is expected to accrue 2 percent of the total global benefits of AI in 2030. 

“Office of the future”

Apart from our support for the Sharjah and UAE government, Bee’ah has effectively forged a series of added value partnerships with leading heavyweights in the global ICT arena in order to draw expertise, transfer knowledge and leverage their industry acumen to support our efforts of utilizing the latest tech innovations to achieve a sustainable quality of life, today, and for future generations.  

A key example of this is our recent partnership with Microsoft and Johnson Controls (JCI) to build our new Sharjah-based headquarters, also known as the ‘office of the future’. This visionary project is overseen and spearheaded by the Bee’ah Group’s tech arm Evoteq; the region’s premier technology management partner. We are highly proud that our new headquarters will be the first fully-integrated AI office building in the UAE and MENA region, and one of the smartest in the world, upon its opening in the fourth-quarter of 2019. 

The futuristic cutting-edge building, which will be fully powered by renewables in keeping with our end-to-end sustainability strategy, will be equipped with a sweeping array of ultra-modern building solutions, adding another milestone to Bee’ah’s digital transformation journey which has grown in breadth and magnitude since our establishment more than 10 years ago, and we are looking forward to opening our doors by end of year to share the future of business with the UAE and wider world. 

Our subsidiary Evoteq, an industry trendsetter for next-generation tech is co-introducing and bringing into market the highly-acclaimed ‘Platform as a Service’ (PaaS), in partnership with the leading international tech company; Johnson Controls (JCI), and will be debut the PaaS platform in our “office of the future”, in its initial pilot phase.

The AI platform includes more than 100 smart use cases that will digitally transform offices and operations into streamlined, sustainable, next-generation workplaces. We firmly believe that PaaS is envisaged to take smart living to new horizons as it will digitally transform offices, and how people work with the objective of boosting productivity, convenience and sustainability as AI enables the building to considerably conserve energy by maintaining real-time track records and control centers that monitor usage and patterns.