Technology up-gradation has always been a concern for the world as it brings multiple changes. With its infusion in various business industries, the tech industry has got an upper-hand in all possible domains. The United Arab Emirates has been continuously working on developing itself as a global tech-hub, on attracting multiple foreign investors to come forward and incorporate a business in the UAE. According to the latest report, the 5G network can now be operated from the world’s tallest building, Burj Khalifa. This guide will highlight the core aspects that are essential for a business professional dealing with the IT industry.
IT Industry in the UAE
Dubai has turned one of the lucrative destinations for the IT industry and is on the leading global front. According to LinkedIn, the information technology sector stands as the top ten business sectors of the UAE. Over the past few years, a dramatic change has been noticed that paved out new ways for other business industries. The involvement of AI and Robotics has uplifted the IT sector to its next level. The nation has got its first AI news anchor, which is an excellent blend of AI, Robotics and IT. To know more on it, click here.
The 5G Revolution
The involvement of 5G Revolution in the UAE has been a great move before the Dubai Expo 2020 by Etisalat, one of the top telecommunication group in the UAE. Almost 20 times faster than the 4G, this innovation brings blazing speed with it, which provides a unique experience to the users. The involvement of this network in the UAE region will allow other businesses to carry out their activities in a smooth way. According to the recent report, 1,000 5G towers are to be built by the end of 2019, which will be targeted as one of the most advanced IT networks in the region.
The Impact and Business Opportunities
The move made by Etisalat will fetch out multiple business options for investors who are planning to start a business in Dubai. The telecommunication sector will be uplifted and branches out various options for the foreign investors to come forward and step in the business ground. If you are planning to start a business in Dubai, dealing in the telecommunication business, then this is the right time for you to step ahead and give a kick start. However, there will be a drastic impact on the following business industries as well:
- Artificial Intelligence
- Videos and Animation
- Cloud Computing
- Autonomous Transport
- 3D Printing
- Wearable Technologies etc.
If you deal with any of the industry mentioned above and want to establish a business in Dubai, you can go ahead. However, it would turn out to be beneficial if you have a guide by your side at the initial stage to carry out the proceedings. The business incorporation process involves multiple business and legal procedures that can’t be ignored by any business entity. Are you wondering whom to contact? Well, don’t worry! Your guide is just below
Commitbiz Business Consultants| Your Business Guide
Commitbiz Consultants is regarded as one of the top ten business consultants in Dubai. Since its inception, the team has been helping multiple clients to incorporate their business in the Middle East across UAE, Oman, Bahrain, Qatar. Our business experts are well-versed with the incorporation and legal proceedings and can help you to carry out the business set-up process in a hassle-free way. In case you hold a query, or want to speak to our experts, do contact us-we’d be glad to assist.