UAE are investing heavily in ICT as they seek to diversify their economies, build up a knowledge economy and reduce their reliance on oil and gas. In Dubai, the Dubai Smart City initiative aims to transform the emirate into a leading global smart city over the next few years. The strategy includes over 100 initiatives and a plan to transform 1000 government services into smart services. According to Cisco, Dubai’s public and private sector IT market is valued at Dh17.9bn ($4.87bn) over the next five years, including a public sector opportunity of Dh4.3bn ($1.17bn).
The initiative aims to encourage collaboration between the public and private sectors to achieve targets in six key pillars: smart life, smart transportation, smart society, smart economy, smart governance and smart environment. These areas will be brought together on a single connected, integrated and collaborative smart city platform, with input from the government agencies, businesses and Dubai’s citizens.