Thursday 20 January 2022

The partnership being signed

ICT Fund joins GMIS as Foundation Partner

DUBAI, November 29, 2021

The Global Manufacturing and Industrialisation Summit (GMIS) and the ICT Fund have announced a partnership to launch working groups to boost innovation and research and development (R&D) in the UAE ICT sector. 
Announced at the fourth edition of #GMIS2021, ICT Fund joins GMIS as a Foundation Partner to establish working groups that will gather industry experts, including researchers and academics from local and global organisations to identify opportunities within R&D aimed at further developing the UAE ICT Sector.
Eng Omar Al Mahmoud, CEO of ICT Fund, said: “We are part of the process of making the future in the UAE, and based on this fact, we spare no effort to support all projects and initiatives that employ digital technologies and enhance future skills.”
Commenting on the partnership, Badr Al Olama, Head of the Organising Committee of the GMIS, said: “The role played by the ICT sector is inherent to channel the future of advanced manufacturing along 4IR standards. ICT acts as the backbone of structural and data generated infrastructure, without which 4IR technologies would have never come into existence. Together, IoT, Machine Learning, AI, the Cloud and 4IR technologies all function within the prism of the ICT network. 
“Nurturing such innovative capabilities through ICT is thus invaluable to position industrialisation at the heart of rapidly changing standards. Partnering with ICT Fund is a natural step towards maintaining this momentum for the benefit of all of humanity. We are immensely excited to be partnering with ICT Fund and look forward to advancing ICT prospects across expert working group discussions.”
Under the theme – ‘Rewiring Societies: Repurposing Digitalisation for Prosperity,’ the #GMIS2021 Summit took place from November 22 to 27 and gathered a cross-section of close to 250 global leaders from the public and private sector. The first day of the Summit featured a series of keynote addresses and panel sessions involving Heads of State, Ministers, and thought leaders from some of the world’s leading organisations. Discussions focused on global collaboration with critical topics including Society 5.0, the digitalisation of the power sector and ways to best interpret data intelligence, but also the potential for digital transformation to serve economic prosperity.-- TradeArabia News Service


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