Robots will turn into one of the most sought after technologies to become a $500 billion industry by 2025 globally, …
LG bets big on robotics startups
LG Electronics has invested $3 million in US-based Bossa Nova Robotics — marking the first time the company has injected funds into an overseas robot developer.
NEOM CEO named as adviser to Saudi Arabia’s crown prince
Klaus Kleinfeld who was tasked with developing Saudi Arabia’s mega-city project NEOM is reportedly taking on a new role as an adviser to the Kingdom’s Crown Prince Mohammed bin Salman on his reform plans.
Waymo needs ‘large number’ of cars for European operations
Alphabet self-driving unit Waymo will need “a large number” of cars to expand its robo-taxi service to Europe, its chief executive told a newspaper, Reuters reported.
Robotics, AI “a big draw for young tech talents”: study
Technologies such as robotics and AI are a big draw for young talent with 33 percent of millennials wanting the opportunity to work at the cutting edge of new developments.
Abu Dhabi Police saves $353M from digital services
Abu Dhabi Police has reportedly processed 4,462,784 digital transactions last year, enabling the entity to save up to $353 million (AED1.3 billion) and 9.5 million client visits.
Global spending on digital transformation to soar past $1 trillion
Worldwide spending on the technologies and services that enable the digital transformation (DX) of business practices, products, and organisations is forecast to be more than $1.1 trillion in 2018, an increase of 16.8 percent over the $958 billion spent in 2017.
Sheikh Hamdan: Dubai a global destination for technology investments
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum recently highlighted that the vision of Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has made emirate an attractive destination for investments in technologies like artificial intelligence (AI) and robotics.
Are we ready for cyborg technologies?
The term cyborg became popular after the release of the movie The Terminator in 1984. “The 600-series had rubber skin. We spotted them easy, but these are new. They look human… sweat, bad breath, everything. Very hard to spot.”
Digitisation to unlock $1.6 trillion in value for oil and gas sector
A recent study highlighted digitisation’s growing importance across many industries making it the number-one trend driving CEO decision-making in the global oil and gas sector.