Dubaiâ€™s logistics sector has been told by the Emirateâ€™s chamber of commerce to speed up its adoption of internet-of-things (IoT) in order to remain competitive and efficient.
â€œLogistics contributes 14 per cent to the emirateâ€™s annual gross domestic product (GDP) â€¦as such it is a key area of focus for innovation, particularly IoT,â€ Hamad Buamim, president and CEO of Dubai Chamber of Commerce and Industry, told
a recent business forum held in Dubai.
Some of the early IoT applications in the logistics sector include port traffic and fleet management, as well as location-based tracking of freight as it moves down the supply chain.
Buamim also highlighted the need for commensurate training and skill development to enable the successful deployment of IoT solutions across industries and sectors as well as in the emirateâ€™s government sector. â€œWe need to integrate government services with IoTâ€¦ to enable delivery of services to every resident,â€ Buamim said.
Buamim added that turning to innovative solutions, primarily driven by the deployment of IoT, could further help the emirate achieve its ambitious energy goals through the deployment of digital metering and smart grid solutions, among others. Dubai expects a 7.2 per cent annual increase in electricity demand until 2020, when it hosts the World Expo. The emirate also aims to bring the percentage share of solar power to its energy mix to 7 per cent within the same time frame.
Yousif Almutawa, chief information officer at Dubai headquartered DP World, told the same forum that that his organisation is heavily engaged in tapping the latest technologies to drive efficiency and innovation. â€œOur main objective [in IT] is to constantly bridge the limitations between the physical and digital worlds,â€ said Almutawa who cited that its recent technology deployments range from RFID (radio frequency identification) for freight tracking and
management all the way to drones for security and traffic management.
â€œ[The port operator] is just one player in the big trade supply chainâ€¦ We need to be smarter, we cannot become an obstacle to the importer-trader relationshipâ€¦otherwise we will be eliminated from the supply chain,â€ explained Almutawa.