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Step Conference 2022 Celebrates Cutting-Edge Technologies

Step is celebrating its 10 year anniversary with the Step Conference 2022 edition back in-person.

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step conference 2022 celebrates cutting-edge technologies

Our increasingly digital lives are shaped by cutting-edge technologies that enable information to be exchanged faster and more easily than ever before. From February 23 to February 24, Step Conference 2022 will celebrate artificial intelligence, cryptocurrencies, fintech, Web3, cloud technology, healthcare technology, and other building blocks of the modern world.

10th Anniversary Of Step Conference

This year’s conference is extra special because it marks the 10th anniversary of the event, which started as a series of workshops and small gatherings in 2011.

Since its humble beginnings, Step Conference has grown to become a comprehensive conference ecosystem that brings top tech experts to Dubai to share their insights with large audiences, exchange expertise, and drive innovation.

Step Conference is organized by new media company Step. During the past decade, Step has hosted more than 200 events and programs, with participation from more than 2,000 startups from MENA and other regions.

Step’s investor meeting and mentorship programs have helped facilitate over 10,000 connections, many of which have resulted in fruitful partnerships.

Step Conference 2022 is happening alongside Expo 2020 in the heart of Dubai Internet City. “Our partnership with Dubai Internet City has been impactful in engaging and supporting entrepreneurs in the region” said Ray Dargham, CEO of Step.

What You Can Look Forward To At Step Conference 2022

The 10th iteration of Step Conference will be full of interesting events to attend. The topics they will explore include:

NFTs: Non-fungible tokens, which are cryptographic proofs of ownership stored on a blockchain, have profoundly transformed the art industry, and they continue to disrupt how assets (mainly digital but also physical) are owned. From Coinbase to Meta to Ubisoft, established companies are joining the NFT revolution and exploring a broad range of potential use cases.

Web3: Thanks to the decentralized infrastructure provided by Blockchain technology, the World Wide Web is now evolving to give its users the ability to actually own and control the data they generate, among other things. While still in its early stages, Web3 is likely to have just as profound impact on society as user-generated content enabled by Web 2.0 has had.

Metaverse: Virtual reality has matured to such an extent that it can now be used to overcome the limitations of remote working, provide more memorable and immersive education, deliver healthcare services to people in remote areas, and more. What is emerging is an interconnected network of virtual reality worlds, and this network is referred to as the metaverse.

Discussing these and other hot topics will be Elie Habib, the founder of the Middle East’s leading music streaming service Anghami; Michelle Arrazcaeta, head of Brand Strategy & Collaborations at Polaroid; Paul Misener, the Vice President of Global Innovation Policy and Communication at Amazon; Sidra Qasim, co-founder of Brooklyn-based shoe brand Atoms; and others.

“We hope to welcome international delegations to the conference, expanding the potential for partnerships and investment on a larger scale than ever before” said Ammar Al Malik, Managing Director of Dubai Internet City.

How To Attend Step Conference 2022

If you would like to attend Step Conference 2022 yourself, you can purchase tickets from the Step website. Early discounts are no longer available, but regular tickets can be purchased until February 13.

Tickets are divided into three main Tracks (Fintech, Future, and Digital) based on covered topics. The Fintech Track revolves around the latest in financial technology, blockchain, and digital currencies. The Future Track is all about automation, smart cities, the Internet of Things, and artificial intelligence. The Digital Track covers everything from digital marketing to advertising technology.

You can also purchase a Master Pass to access all main tracks plus workshops, satellite events, entertainment venues, and more.

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How Motorsports Teams Use Big Data To Drive Innovation On The Racetrack

Discover how the best motorsports teams in the world use the vast volumes of data they generate to achieve an edge over the competition.

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how motorsports teams use big data to drive innovation on the racetrack

Motorsports — some may not view them as real sports, but nowhere else can you see man and machine working together in perfect harmony, pushing to the absolute limit of performance. While the best racing drivers in the world are battling it out on track, there’s another race going on behind the scenes: a battle of minds with some of the brightest engineers in the world working to extract every ounce of performance out of their machinery. Motorsports are as much a competition for the engineers and crew as it is for the drivers themselves.

At their very core, motorsports are all about finding an advantage over your competitors, however large or small, because every little bit counts. And the best way to gain a competitive edge over your rivals is to use data — tons and tons of it.

Using Data To Unlock On-Track Performance

Racing teams generate and analyze huge volumes of data per race; we’re talking tens of terabytes measuring every single aspect — even the most minute — of not only the vehicle’s performance but also the driver’s.

There are many different categories and classes of motorsports, ranging from road cars to purpose-built racing cars like in Formula One or bikes in the case of MotoGP. These two motorsports have the most popular championships in the world, but for simplicity’s sake, we’re going to stick with Formula One (F1), described as the very pinnacle of motorsports.

Teams collect data for three main reasons: to measure the vehicle’s performance on track, to measure the driver’s performance, and to help the engineers identify and understand key areas of improvement on the car.

F1 cars have thousands of sensors monitoring parameters such as tire temperature, brake temperatures, engine performance, component wear, and so on in real time (known as telemetry data). These teams can also use the data gathered, along with feedback they receive from the drivers, to make minor real-time adjustments to the car during the race, such as engine power settings. This telemetry, along with the weather information the teams gather, can also enable them to devise effective race strategies to decide exactly when to pit and change tires and what compound of tires to switch to, especially when weather conditions are unpredictable.

If this wasn’t impressive enough, the race engineers can also view the driver’s exact inputs: when they’re braking, accelerating, and turning into a corner, alongside a host of other information like heart rate and other biometric data. The engineers can then give them feedback on what is working and what isn’t, enabling the driver to adjust their approach to extract even more performance out of themselves and the car. It’s safe to say that in modern F1, even the cars are data-driven.

Data-Driven Development In The Factory

The petabytes of data gathered by racing teams on the track are then analyzed after the race to determine what areas of the car need improvement. Since F1 greatly restricts on-track testing, teams are forced to rely on incredibly complex simulations to develop the car. The more accurate data they use, the more accurate these simulations.

This data is also used by the team to develop F1 car simulators that are used by the drivers. These simulator rigs are much more accurate, complex, and unsurprisingly expensive compared to consumer simulator rigs. This simulator testing plays a major role in not only helping the engineers understand the characteristics of the car without having to perform on-track testing, but also in helping them set up the car for a race. Each track is different, and the car setup varies depending on the track and weather conditions during the race weekend.

Data Is King

In motorsports, every little advantage can make a difference. And with F1’s recently introduced budget cap, teams can no longer dump huge amounts of money to fix any issues with their cars, meaning data is now the most valuable currency in F1.

Big data analytics will only continue to play an increasingly prominent role in motorsports as has been the case since the early 80s. The most competitive teams are those that know how to effectively use the vast amounts of data at their disposal to drive innovation on the racetrack.

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