Dubai launches strategy to build world's most advanced IoT ecosystems

The strategy will be rolled out in four phases over the coming three years
Dubai launches strategy to build world's most advanced IoT ecosystems
Sheikh Mohammed, Ruler of Dubai, launched a new smart living strategy in Dubai that seeks to build the world’s most advanced IoT ecosystems in the world.
By Bernd Debusmann Jr
Mon 23 Oct 2017 08:50 AM

Sheikh Mohammed, Ruler of Dubai, launched a new smart living strategy in Dubai that seeks to build the world’s most advanced IoT ecosystems in the world.

The UAE Prime Minister also launched the 'Data Wealth' initiative, which will protect the emirate’s data and identity government and private entities with “Dubai Digital Certificates” for their security efforts.

The IoT strategy is designed to protect data wealth and encourage government departments to take part in the Smart Dubai Plan 2021, which the government says will lead to the creation of a 100 percent paperless government.

“Dubai’s push to build the future today has helped establish a digital infrastructure that is now a strategic national asset in the wake of the Fourth Industrial Revolution,” Sheikh Mohammed said during a launch event at the headquarters of the Smart Dubai office.

“It is a fortune that all stakeholders in the Dubai government must work together to preserve.

“The Dubai Digital Certificates and the Dubai IoT Strategy mark the official launch of smart living in the emirate and we have directed all government institutions to cooperate and fully implement the initiatives by the year 2021,” he added, noting that the certificates are the benchmark against which all smart services in Dubai should be evaluated.

The first Dubai Digital Certificate was given to Dr Aisha bint Butti bin Bishr, director-general of the Smart Dubai Office.

"Dubai stands out as a preferred destination for business, work and tourism which has transformed our society into a rich and diverse mix of cultures and nationalities. When we launched Smart Dubai three years ago, we sought to enable people to make use of the vast amounts of data generated every day in one of the busiest cities in the world,” she said.

“Today, as we launch the Dubai IoT Strategy, we provide the people of Dubai with an unmatched smart lifestyle. The Dubai Digital Certificates safeguard our data wealth and provide greater safety and security.”

According to officials, Dubai’s data wealth, which consists of data storing and processing technologies, as well as blockchain, digital signatures and IDs, clean energy and other elements, is made of 121 initiatives, 20 databases and 1,129 smart services. Over the next three years, they are expected to generate AED 33.8 billion ($9.2bn), while IoT will reach AED17.9 billion ($4.8bn) in value by 2021.

Additionally, open and shared data is expected to AED10.4 billion ($2.8bn) to the country’s GDP by 2021, while the application of blockchain in government departments will add AED5.5 billion ($1.4bn) by 2020.

"A smart city’s achievement in terms of advanced technologies and smart solutions are a digital asset that cannot be fully utilised unless integrated into central data platforms that are consistently updated,” said Younus Al Nasser, CEO of the Dubai Data Establishment.

“The Dubai IoT Strategy unifies the data sources for the Dubai Pulse platform, Dubai’s digital backbone."

The strategy is to be implemented in four phases over the next three years. In the first phase, government departments will work to implement IoT policies, which will then be harmonised in the second phase. Following the third phase, which has been dubbed the ‘Optimisation phase’, government entities will begin their final “Blockchain Journey” in which they will fully implement the IoT strategy and begin to see returns in six ‘strategic domains’: governance, management, acceleration, deployment, monetisation and security.

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