The digital economy has become a hot topic over the past few years. Web 3.0 and startup culture are gaining rapid traction across the MENA region, and organizations are hungry for information on how best to adapt their business models to suit the demands of modern, tech-savvy customers.
IDC‘s Middle East CIO Summit 2023 takes place under the theme “Enabling the Digital Economy’s Leaders”. It will examine the current state of the digital sector and its impact on citizens, customers, employees, and operations. Presentations and panel sessions will address critical challenges that must be resolved, and experts will outline best practices and strategies to help businesses achieve future success.
As for the event’s format, the venue will incorporate five different “Transformation Zones” showcasing pioneering technological advances in DevOps, customer experience, sustainability, Industry 4.0, and, of course, the Metaverse.
“Today, almost every country in the region has a cohesive national vision for a digital economy that focuses on driving local economic value, employment creation, and social development by reaching the underserved. Whether it is accessing essential government services, purchasing products on digital platforms, or the shift to online learning and working, the impact of this mass transition to digital is evident everywhere,” says Jyoti Lalchandani, IDC vice president and regional MD for the Middle East, Turkey, and Africa.
IDC’s research shows that internet penetration has reached 100% across Gulf Cooperation Council countries, with over 50% of consumers regularly shopping online. Furthermore, in the UAE, digital payments (and contactless transactions) now account for 80% of all regional purchases, and the market is becoming increasingly reliant on 5g and cloud infrastructure. It seems then that 2023’s Middle East CIO Summit will be a pivotal event, helping businesses to create new customer experiences and drive innovation with their partners.
ABB E-mobility Delivers Its Millionth EV Charger
Continued growth has been facilitated by doubling production capacity after the launch of the company’s new DC fast charger facility in Valdarno, Italy.
ABB is a leader in electrification and automation solutions and has just announced the delivery of its millionth electric vehicle charger — the latest milestone in the company’s ongoing mission to create an emission-free future using smart and reliable EV charging solutions.
ABB currently boasts a presence in over 85 markets. After the launch of the company’s new $30 million, 16,000 squared meter production facility in Valdarno, Italy, production capacity has doubled over the last two years. The cutting-edge manufacturing plant recently set a new benchmark for the EV sector, producing a fast charger unit every 20 minutes, thanks to the high-tech factory’s seven simultaneous production lines.
“While our continual investment in research and development shows our ongoing commitment to enhance the field of e-mobility, the global delivery of these solutions at scale is integral to the realization of our goals. I want to thank our customers globally for their continued collaboration in hitting this one millionth charger milestone. I look forward to the millions yet to come, and to the cleaner, greener world they will help create,” says Frank Mühlon, ABB E-mobility CEO.
In the United Arab Emirates, ABB has installed over 80 fast and high-power DC charging stations, making it one of the largest projects from a single brand in the region. The biggest station is in Yas, Abu Dhabi, and offers 20 DC fast and high-power chargers for owners of emissions-free vehicles.
“We are proud that ABB chargers are today powering electric vehicles across strategic locations in the country, including the sites of the Dubai Utility provider, DEWA, and Abu Dhabi National Oil Company. Most of the car manufacturers and dealers in the UAE have ABB chargers in their showrooms and as well as car parking areas. We are confident ABB’s technical know-how, products, and research in the field of E-Mobility will continue to support the decision-makers in the Middle East to drive the transition to an emission-free future,” says Ahmed Abdu, E-mobility division lead, MENA region.
In addition to its Italian facility, ABB E-mobility has continued its global expansion. Earlier this month, the company announced a new United States facility that will eventually turn out over 10,000 chargers per year for the public sector, providing power to school buses and other fleets. As well as expansion into the USA, ABB E-mobility’s stake in Chinese charging provider, Chargedot, opens up another lucrative market for the EV charging giant.