By Sami Abi Esber, President -MDS Gulf, Board Member-Midis Group
Dubai’s and the region’s Smart City & Sustainability aspirations are driving an emphasis on identifying opportunities to embrace innovation. Facilio – a start up headquartered in Atlanta USA, and with operations across Middle East and India, has been steadily creating a reputation for its Artificial Intelligence, Machine Learning and IoT based approach to facilities management, helping buildings operate better, increasing their energy efficiency and enhancing livability. We spoke to Founder and CEO Prabhu Ramachandran to gain an insight into the company’s approach.
Consistently and rapidly developing technologies hold a lion’s share in influencing the growth prospects of almost every industrial sector across the globe. Soring adoption of cognitive computing, cloud computing, and Artificial Intelligence (AI) across a wide range of end-user industries has paved way for leading players in the global market for IBM Watson Services.
Autonomous driving, 5G, Internet of Things (IoT), data centers, power applications, and new high-speed digital standards are the growth engines of the electronic test and measurement (T&M) equipment market for the next five years. The next wave of growth has begun with the technologies making their way down the product lifecycle, from research and development to manufacturing and deployment. Greater complexity and technology convergence will spur demand across verticals, with the largest opportunities coming from communications, semiconductors and computing industries, and the fastest growth in industrial and automotive verticals. Market winners will be those able to meet the demand while addressing the specific requirements of applications.
Focusing on 17 emerging trends will help garner a competitive advantage in an uncertain market, says Frost & Sullivan’s Visionary Innovation team