The UAE plans to build 500 national technology enterprises.
The UAE plans to build 500 national technology enterprises. The UAE Government launched the Fourth Industrial Revolution Network as part of the “Projects of the 50” to promote the adoption of new technologies in the national industrial sector.
The project, which intends to build and grow 500 national enterprises using Fourth Industrial Revolution technology, will be critical in creating a welcoming business environment for both local and international investors.
The UAE Government has launched three initiatives as part of its “Projects of the 50” effort to boost the UAE’s ability to keep up with the ever-evolving global economy and solidify its position as one of the world’s most attractive places for foreign direct investment.
The move will also help national industries thrive, boost their competitiveness, and strengthen the UAE’s position as a global leader in developing new sectors with world-class infrastructure and a highly trained and technologically savvy workforce .The UAE plans to build 500 national technology enterprises.
The UAE plans to build 500 national technology enterprises. The network’s goal is to provide a platform that brings together 15 of the country’s largest technology companies to share expertise, best practises, and train 100 industrial CEOs on the latest digital trends.
After evaluating the efficiency of digital operations, the Smart Industry Readiness Index will be produced through the network to help the digital transformation of 200 industrial businesses. The UAE plans to build 500 national technology enterprises.
Leading worldwide technology development businesses including as Siemens, Microsoft, Cisco, and IBM will join ADNOC, Strata, EDGE, and Emirates Global Aluminium to share successful implementation of sophisticated technologies and applications of the Fourth Industrial Revolution.