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DUBAI / WAM
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, launched the flagship Dubai Internet of Things (IoT), Strategy, and the Data Wealth initiative to safeguard the emirate’s digital wealth and award Dubai Digital Certificates to outstanding government and private entities.
The initiative, which was launched at Smart Dubai headquarters at the Dubai Design
District (d3), was attended by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, and HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai.
“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,†said HH Sheikh Mohammed bin Rashid. “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.â€
Sheikh Mohammed said that Dubai Digital Certificates are the benchmark against which all smart services in Dubai should be evaluated to preserve Data Wealth, as he accepted the first certificate presented by Dr Aisha bint Butti bin Bishr, Director-General of the Smart Dubai Office (SDO).
Data Wealth consists of data, data-storing and processing technologies, smart-tech transformation, paperless transaction policies and systems like Blockchain, digital signature and ID, smart living and clean energy, among other elements. It consists of 121 smart initiatives, 200 databases and 1,129 smart services, and is expected to generate AED33.8bn in three years’ time, as IoT reaches AED17.9bn in value by 2020. Meanwhile, open and shared data is expected to add AED10.4bn to the GDP by 2021, while Blockchain applications in government departments add AED5.5bn to the GDP by 2020.
The Dubai IoT Strategy seeks to build the world’s most advanced IoT ecosystem in the world’s smartest city to improve people’s lives. The strategy aims to protect Dubai’s digital wealth, encourage government departments to join the emirate’s smart transformation, and achieve the objectives of the Smart Dubai Plan 2021 to transform to a 100 percent paperless government. The strategy is set to be implemented over four consecutive phases in the coming three years.