Archive 2014

Middle East Cities Compete to Claim USD 1.9 Trillion in Global Value

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Cisco Supports Dubai's Smart City Project, Leveraging Experience in More Than 90 Smart+Connected Communities Worldwide

DUBAI, United Arab EmiratesOctober 2, 2014 – Middle East cities are competing in order to claim the USD 1.9 trillion Internet of Everything value at stake over the next decade, Cisco has announced.

The Internet of Everything (IoE) – the interconnections of people, processes, data, and things –is could deliver market through “killer apps,’’ led by smart buildings, which can potentially generate USD 100 billion in lowered operating costs, thanks to integrated systems.

Additional implementations include gas monitoring, smart parking, water management, and road pricing. The global public sector value at stake is AED 4.6 trillion.

By 2020, when Dubai will also host 25 million visitors for World Expo 2020, Cisco predicts the IoE could connect 50 billion people, processes, data and things.

In alignment with Dubai’s Smart City project, Cisco will showcase its Smart and Connected Communities (S+CC) solutions at GITEX Technology Week.

Cisco is currently involved in over 90 Smart+Connected communities worldwide.

By utilizing Cisco’s experience in Smart City partnerships such as in Barcelona, Spain, and Hamburg, Germany, analysts believe Dubai’s Smart City plans could create one of the world’s most connected and data-driven urban centers.

GITEX Technology Week 2014 will mark the one-year anniversary of the launch of the Dubai Smart City initiative, with Cisco showcasing its innovative Smart City technologies.

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