Banking, Finance, Insurance and Securities (BFIS) Industrial Automation and Control

United Arab Emirates Tender

πŸ“„ Tender ID: 440631617 πŸ“… Published: 21 Dec 2018

πŸ“‹ Tender Overview

The UAE has achieved significant progress in adopting Artificial Intelligence AI and employing them in many vital national sectors. The UAE leads the region in terms of the adoption of AI solutions in companies and institutions with an annual growth rate of 33.5 percent according to a report released yesterday by the Dubai Tech Centre for Entrepreneurship DIETC of the Dubai Silicon Oasis Authority. The report stated that the value of contributions to GDP by 2030 of Emirati companies and institutions that utilise AI is around US96 billion or around 13.6 percent. The Emirates News Agency WAM is monitoring the countrys key achievements in 2018 in terms of the overall reinforcement and development of AI applications. In January the Ministry of Health and Community Prevention created a system to manage hospitals that aim to ensure the integration of AI in health facilities bed management and the PACE Real-Time Dashboard as part of the ministrys participation in the Arab Health Conference Exhibition in Dubai. Three months later the countrys construction and transport sector declared the start of the implementation of AI in federal road projects which will reduce project implementation periods by 54 percent fuel consumption by 37 percent labour dependence by 80 percent and the number of equipment by 40 percent. In April the Ministry of Infrastructure Development revealed a package of strategic projects with the private sector that utilise AI in line with the countrys directives and AI strategy. On 11th May the UAE adopted 26 mechanisms related to the use of AI in many economic sectors while the University of Dubai signed an agreement with the Roads and Transport Authority RTA to establish a research centre for the roads and transport sector. The countrys environment sector also inaugurated its first AI application when the Ministry of Climate Change and the Environment launched in cooperation with Khalifa University for Science and Technology and the International Renewable Energy Agency IRENA an AI lab in September. In November a federal law was issued that will enable the UAE Cabinet to grant a temporary licence to implement unregulated but innovative projects based on AI and other advanced technologies which aims to provide a safe and experimental environment for future technologies. November also witnessed another key event related to AI with the completion of a specialist training course that was developed in cooperation with Oracle by 75 students from the Higher Colleges of Technology HCT.

πŸ” Key Information

πŸ“„
Tender Reference No.
440631617
πŸ“…
Publication Date
21 Dec 2018
🌐
Sector
Banking, Finance, Insurance and Securities (BFIS)
πŸ“
Notice Type
News
πŸ“
Location
United arab emirates

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🧭 Quick Facts

Authority N/A
Country United arab emirates
State / UT N/A
Tender Type Procurement News
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