Etisalat Digital accelerates adoption of Artificial Intelligence and Blockchain in the United Arab Emirates

Etisalat Digital selects four disruptive companies to join Future Now scaleup programme after Dubai Future Accelerators collaboration.

Future Now, the innovation programme of Etisalat, has signed agreements with four scaleups to develop Artificial Intelligence and Blockchain solutions following the successful Dubai Future Accelerators programme.

The signing ceremony also marked the opening of the Future Now scale-up collaborative space for Etisalat Digital’s partners, namely Yitu Technology (China), Com IoT Technologies (UAE), 300cubits (Hong Kong), and Tradefin (USA). They were chosen based on their capability to build and launch their core technology and be able to demonstrate traction and substantial use cases.

These selected companies will continue their journey through the ‘Future Now’ scale-up programme, where they will receive access to Etisalat Digital resources and experts, office space, and support needed to deliver joint projects to Etisalat’s client base.

As part of the fifth cohort of Dubai Future Accelerators, Etisalat Digital launched in July this year three challenges to companies across the world. Out of all the companies that applied, seven companies were selected to address these challenges. The companies had the opportunity to network with a number of key stakeholders and have access to resources and expertise.

Etisalat Digital selected two companies, Yitu Technology (China), and Com IoT Technologies (UAE), for the first challenge that sought to leverage artificial intelligence for video surveillance systems and create solutions that would reduce crime rates and road congestion. To support the UAE 2021 vision of making the UAE the safest place in the world, the challenge focused on scaleups that could deliver solutions that would analyse behavior and predict crime-related patterns, in addition to enhancing transportation issues like congestion and accidents, and take automated decisions with the use of artificial intelligence on existing video surveillance systems.

The second challenge addresses the use of Blockchain to reduce the transactional costs and complexity in business processes for banks, governments and private organisations, with the goal of reducing the costs and complexity by 40 percent over five years. 300cubits (Hong Kong) was selected for this challenge.

Tradefin (USA) was selected for the last challenge that was focused on the adoption of Blockchain to enable exchange across various loyalty currencies and to transform a loyalty currency into a crypto currency that can be used to perform online and physical transactions.

In line with the Future Now’s vision of accelerating innovation, the partnerships will fast track the deployment of latest technologies such as Artificial Intelligence and Blockchain to avail them to Etisalat’s client base. The scale-up program is a key pillar of the Future Now ecosystem that aims to provide a collaborative platform for innovators, partners and customers to expedite the adoption of such cutting-edge technologies.

Source: Etisalat

Illustration Photo: Dubai, United Arab Emirates (credits: Tobias Scheck / Flickr Creative Commons Attribution 2.0 Generic (CC BY 2.0))

Comments

No comments to display.

Related posts

Call for Applications: Go Ignite Global Call

Start-ups working on solutions in IoT, Big Data Analytics, Cyber Security, Artificial Intelligence, 5G and Customer Experience Enhancement are encouraged to apply.
Application Deadline in 11 days

EU's Call for Proposals: Digital technologies for improved performance in cognitive production plants

Proposals need to develop new technologies to realise cognitive production plants, with improved efficiency and sustainability, by use of smart and networked sensor technologies, intelligent handling and online evaluation of various forms of data streams as well as new methods for self-organizing processes and process chains.
Application Deadline in 4 days

Increased Consumption of Plant-Based Protein Diets to Mitigate the Incidence of Type 2 Diabetes

The < a href = "https://www.marketsandmarkets.com/Market-Reports/wheat-protein-market-67845768.html">wheat protein market</a> is estimated at USD 2.04 Billion in 2017 and is projected to reach USD 2.58 Billion by 2022, at a CAGR of 4.8% from 2017. The wheat protein market has been largely driven by the growing demand for bakery products, the increasing popularity of plant-based foods, wheat protein being a suitable alternative for non-animal protein among vegans coupled with nutritional benefits for lactose-intolerant consumers.

Increase in Use of Crop Protection Products in Developing Countries Drives the Pesticide Inert Ingredients Market

The pesticide inert ingredients market is projected to reach USD 4.7 billion by 2023, from USD 3.5 billion in 2018, at a CAGR of 6.14% during the forecast period. The market is driven by factors such as the increasing demand for specific inert ingredients in pesticide formulation and capability of inert ingredients to improve the efficacy of pesticide application.

Pilot plant to turn sugarcane waste into biofuel and beer bottles

Their patented REACH technology, developed by US parent company Mercurius Biorefining, has the potential to convert sugarcane bagasse and other biomass into cost effective drop-in biofuels and bio-chemicals , as alternatives to fossil fuels.

Call for applications: The Entrepreneurship World Cup

The Entrepreneurship World Cup is more than just a global pitch competition with a shot at life-changing prizes. With 100,000 entrants from around the world, EWC elevates entrepreneurs – providing you with tools and resources to grow your venture. It doesn’t matter how far you’ve come – idea-stage, early-stage, growth-stage or beyond – EWC can put you on the right course. Leverage world-class content in the EWC Accelerator to: unleash your ideas, hone your pitching skills and engage with a global network of mentors. And, oh yeah, compete for those life-changing prizes, together with business opportunities and investment.
Application Deadline in 3 months

EU's Call for Proposals: EGNSS applications fostering digitisation

Actions should deliver new innovative applications, with commercial impact and a clear market uptake perspective (a Business Plan is required as part of the proposal). The proposed EGNSS applications may integrate digital technologies like Internet of Things (IoT), cloud computing, big data and robotics.
Application Deadline in 16 days

Growing Farm Labor Issues due to Higher Costs and Availability Drives the Smart Harvest Market Ma

The smart harvest market is projected to reach USD 15.6 billion by 2023, from USD 9.0 billion in 2018, at a CAGR of 11.81% during the forecast period. The market is driven by factors such as growing farm labor issues due to higher costs and availability, and cost efficiency benefits offered by smart harvest systems.

Call for applications: 2019 SEED Awards for Entrepreneurship in Sustainable Development

Are you part of a small and growing eco-inclusive enterprise that continues to deliver environmental, social and economic benefits to your target markets?
Application Deadline in 2 months

Review of Emerging Additive Manufacturing Technologies in 3D Printing of Cementitious Materials in the Construction Industry

Additive manufacturing is a fabrication technology that is rapidly revolutionizing the manufacturing and construction sectors. In this paper, a review of various prototyping technologies for printing cementitious materials and selected 3D printing techniques are presented in detail.