IoT market in UAE to reach $35bn by 2019

Ajman / Emirates Business

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 said on the sidelines of the Smart Life exhibition, sponsored by Ajman Bank.
The UAE’s IoT market is set to more than triple to $35 billion by 2019, according to a report by research firm MicroMarket Monitor. As a result, organisations across the region can transform daily lives and increase their return on investment. Showcasing IoT in action, Smart Life exhibition, running from November 19-20 in Ajman, will exhibit 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, argues UAE-based IT infrastructure and information management consultancy and solutions provider Condo Protego.
“While the Internet of Things 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,” said 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 organisations of all sizes and industry verticals to undergo digital transfo- rmation. Condo Protego is encouraging UAE organisations to prioritise data center modernisation, cloud services, and cybersecurity.
“At the Smart Life exhibition, Condo Protego is showcasing with our partners how technology can transform daily lives and businesses,” said Calthorpe.