2018 will be vital for UAE’s IoT sector, market to triple in 2019

IoT pixabayIn the UAE, requirement of broadband service is on peak and with the help of IoT, platforms technologies such as mobility, analytics, cloud and social media have helped billions of users through mobile broadband, social businesses, big data/analytics, and cloud services. (Image source: Geralt/Pixabay)With the UAE’s Internet of Things (IoT) market tripling over the next two years, 2018 will be the vital year for organisations to undergo digital transformation, industry experts announced recently on the sidelines of the Smart Life exhibition, sponsored by Ajman Bank

The UAE’s IoT market is set to more than triple to US$35bn by 2019, according to a recent report by research firm MicroMarket Monitor. As a result, organisations across the region can transform daily lives and increase their return on investment.

Showcasing the IoT in action, the Smart Life exhibition, that took place on 19-20 November in Ajman, showcased innovations across smart banking, government, office, hospitality, marketing, education, home and gaming.

At the foundation of the IoT era is digital transformation and information management, in order to connect people, processes, devices, and sensors to networks for real-time data analytics and decision-making, stated UAE-based IT infrastructure and information management consultancy and solutions provider Condo Protego.

“While the IoT era is still several years away from becoming widespread, UAE organisations can get a head start in 2018 by transforming their technology infrastructure to drive new business models, and customer and citizen services,” according to Andrew Calthorpe, CEO, Condo Protego.

In the UAE, Condo Protego is a partner to industry-leading technology companies such as Dell EMC, working closely with organizations of all sizes and industry verticals to undergo digital transformation. Condo Protego is especially encouraging UAE organisations to prioritise data centre modernisation, cloud services and cybersecurity.

Showing the strong global growth in the IoT sector, technology giant Dell EMC recently announced plans to invest US$1bn to 2020.

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