QGBC’S Vision For Creating A Smart And Healthy City

Qatar is currently witnessing unprecedented urban development, from the establishment of Lusail City and the development of downtown Doha, to the inception of numerous infrastructure projects, the need to incorporate smart technologies in city planning in an effort to move towards establishing a healthy city is becoming vital.

Retrofitting Doha to become a truly smart city requires the development of a comprehensive long-term strategy with active participation from all the relevant stakeholders in the public and private sectors. In Doha’s context, a smart city will fully support healthy living in all aspects including water and energy conservation, healthy air quality, increased community interaction and active lifestyle. The use of state-of-the-art technologies, such as smart water management system, intelligent and automated air, noise and waste management systems, and real-time communication mechanisms, will eventually help Doha move closer to realizing its vision of a smart and healthy city.

In an effort to conceptualize the development of a smart and healthy city amidst the ongoing infrastructural development, experts at Qatar Green Building Council (QGBC), last year devised a comprehensive guide ‘Doha: A Rough Guide to Healthy Cities’.  The Guide, http://qatargbc.org/interest-groups/green-infrastructure, tackles the issue of the environmental health of urban areas which is becoming increasingly important to the world’s population as a majority of people are shifting towards inner cities.

Highlighting the benefits of planning and designing a healthy city, the non-technical infographic provides design and planning professionals, senior school students and advocates of sustainable development, with interesting guidelines on how to create a healthy city.

The key for QGBC and relevant stakeholders is to foster education around this subject to help create behavioural change in the process. This infographic is a starting point for such practices, which need to be further highlighted through national dialogues, the likes of Arab Future Cities Summit, the Qatar Green Building Conference, and the Qatar Sustainability Week.  Such efforts will foster the development of green infrastructure as a national resource capable of delivering a wide range of environmental, economic and social benefits.

by Meshal Al Shamari, Director – QGBC

4 Ground-breaking Use Cases of Smart Data using HPC

High Performance Computing has primarily been applied within scientific research, the financial world and relatively recently also to forecast the weather. The financial services industry was the first commercial industry to adopt HPC. Nowadays you will find the most advanced HPC systems trading stocks in nano-seconds and generating massive amounts of money for their owners.

Banks have used HPC for pricing exotic financial instruments, optimizing their portfolios of mortgage-backed securities and managing firm-wide global credit and debit risks.  But there are more use cases for HPC in combination with Smart Data:

Fraud Detection

Fraud detection is an extremely important area for the financial industry. Millions of dollars could be saved if suspicious transactions are stopped before they occur. To do this, millions of transactions across the globe should be analysed in real time. The problem is that algorithms will need to find unknown patterns within that data, which could indicate a fraudulent transaction.

It requires not only analysing millions of transaction, but also many other data sources that offer the right context for a certain transaction. For example, is a certain credit card transaction valid or not. That not only depends on the transaction itself, but also for example on the location or the moment of the transaction.

One company that deals with these volumes is PayPal. On a daily basis, they deal with 10+ million logins, 13 million transactions and 300 variables that are calculated per event to find a potential fraudulent transaction. Thanks to High Performance Data Analytics, PayPal saved in their first year of production over $700 million in fraudulent transactions that they would not have detected previously.

Personalized Medicines and Drug Discovery

Already I mentioned the possibilities of personalized medicines and how it requires HPC. Although personalized medicines might still be quite far away, the pharmaceutical industry is already using High Performance Computing for drug design and discovery.

Drug design and discovery is a tedious process. It can easily require several years or longer before a drug hits the market. This is due to rigorous testing in labs on animals and later humans before it is made available to the masses.

High Performance Computing in combination with Big Data enables the pharmaceutical industry to find, for example, the right proteins for a certain drug among millions of compounds. This can be done thanks to simulation analysis and testing a plethora of varieties on thousands of different virtual patients. Thus, drug discovery can be reduced with multiple years, eventually saving a lot of lives.

Smart Energy Grids

Smart energy grids might still be long away; already multiple energy companies are experimenting with the possibilities of a smart energy grid. The potential of a truly smart energy grid is tremendous; reduced energy consumption, better and safer electrical grids and a safer and cleaner environment. Thanks to HPC, smart energy grids are becoming a reality.

A smart energy grid deals with massive amounts of data from a wide variety of sources, all located in a highly disperse network. Imagine if every household would have a truly smart energy meter and at every single moment in time, it is measured how much energy they use, from which devices, for how long and at what price. Multiplied by millions of households, we are easily talking exabytes of data that need to be analysed in real-time to determine whether someone is allowed or not to charge his/her electrical car. That can only be done using a HPC infrastructure and a High-Performance Data Analytics environment.

Manufacturing Simulation Analysis

From the beginning, HPC has been involved in the modelling and simulation of complex physical and quasi-physical systems. Modelling and simulation analysis enables an organization to gain a better understanding of a certain project, without the need to actual test the product in real-life. Thanks to this approach for example, Tesla was able to have the early edition of the Tesla Roadster pass dozens of tests, without the need for dozens of cars that could be crashed (as is traditionally done in the automotive industry).

What Tesla did during developing the Tesla Roadster has become common practice for Tesla. But also in other industry, simulation analysis can save companies a lot of money when developing new products. Thousands of iterations can quickly be tested taking into account hundreds of different variables. Based on the outcome of each simulation, the eventual product is improved. High Performance Computing is required to perform these millions of simulations, at least if you want to get it done relatively quickly.

Other Industries

Of course, these four industries are just the beginning of what is possible. Basically, any organization that wants to make serious business from Big Data could use HPC and HPDA.

Other industries that are already using High Performance Computing are among other the Space industry, Engineering (Oil and Gas) industry, Defence, Publishing industry, governments (think the NSA) and of course academia. In the years to come, this list will probably become a lot longer.

Author: Mark van Rijmenam

Mark van Rijmenam is Founder of Datafloq. He is a highly sought-after international public speaker, a Big Data strategist and author of the best-selling book Think Bigger – Developing a Successful Big Data Strategy for Your Business. He is named a global top 10 Big Data influencer. Currently, he also pursues a PhD at University of Technology, Sydney on how organizations should deal with Big Data, Blockchain and (Human) AI.

Prediction in Big Time Series Data

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Mohammad Shokoohi-Yekta, Data Scientist, Apple

Time Series data is the new big data and it’s almost everywhere. Time Series is an ordered set of real values, quantities that represent or trace the values taken by a variable over a period of time. Some examples are stock prices, sensor data collected from smart watches/phones, weather data, heartbeats, etc.

Prediction and forecasting have been a topic of great interest in the data mining community for the last decade. Most of the work in the literature has dealt with discrete objects, such as keystrokes (i.e. predictive text), database queries [1], medical interventions [2], web clicks, etc. However, prediction may also have great utility in real-valued time series. For concreteness we briefly consider two examples:

  • Researchers in robotic interaction have long noted the importance of short-term prediction of human initiated forces to allow a robot to plan its interaction with a human. For example a recent paper notes the critical “importance of the prediction of motion velocity and the anticipation of future perceived forces [to allow the] robot to anticipate the partner’s intentions and adapt its motion” [3].
  • Doppler radar technology introduced in the last two decades has increased the mean lead time for tornado warnings from 5.3 to 9.5 minutes, saving countless lives [4]. But progress seems to have stalled, with 26% of tornados within the US occurring with no warning. McGovern et al. argue that further improvements will come not from new sensors, but from yet-to-be-invented algorithms that “examine existing (time series) data for predictive rules” [5].

While forecasting is mature enough to have its own conferences and commercial software (SAS, IBM Cognos, etc.), the handful of research efforts to consider time series rule-based prediction have met with limited success. In [6] we show novel algorithms that allow us to quickly discover high quality rules in very large time series datasets that accurately predict the occurrence of future events.

[1] Li, G., Ji, S., Li, C., and Feng, J. Efficient type-ahead search on relational data: a TASTIER approach. SIGMOD Conference 2009: 695-706.

[2] Weiss, S., Indurkhya, N., and Apte, C., Predictive Rule Discovery from Electronic Health Records. ACM IHI, 2010.

[3]   Gribovskaya, E., Kheddar, A., and Billard, A. Motion Learning and Adaptive Impedance for Robot Control during Physical Interaction with Humans. ICRA 2011.

[4]   Brotzge, J. and Erickson, S., Tornadoes without NWS warning. Weather Forecasting, 25, 159-172. 2010.

[5] McGovern, et al. Identifying Predictive Multi-Dimensional Time Series Motifs: An application to severe weather prediction. Data Mining and Knowledge Discovery. 2010.

[6] Shokoohi-Yekta, M., Chen, Y., Campana, B., Hu, B., Zakaria, J., & Keogh, E. (2015, August). Discovery of Meaningful Rules in Time Series. In: Proceedings of the 21th ACM SIGKDD International Conference on Knowledge Discovery and Data Mining, Sydney, Australia, 1085-1094.

 

2nd Annual Arab Future Cities Summit 2015 triggered discussions on integrated smart city solutions

Eng. Abdulla Rafia, Assistant Director General - Engineering & Planning Sector, Head of The Sustainability Committee, Dubai Municipality and Mr. Majed Al Suwaidi, Managing Director, Dubai Internet City and Dubai Outsource City inaugurated the 2nd Annual Arab Future Cities Summit 2015

Eng. Abdulla Rafia, Assistant Director General – Engineering & Planning Sector, Head of The Sustainability Committee, Dubai Municipality and Mr. Majed Al Suwaidi, Managing Director, Dubai Internet City and Dubai Outsource City inaugurated the 2nd Annual Arab Future Cities Summit 2015

Dubai, United Arab Emirates, November 4, 2015: Various solutions and initiatives pivotal for smart city development were the key talking points at the recently concluded 2nd Annual Arab Future Cities Summit 2015. Held under the patronage of Dubai Municipality and organized by global conference producers, Expotrade, the summit witnessed participation from over 350 attendees from across the GCC.

Eng. Abdulla Rafia, Assistant Director General – Engineering & Planning Sector, Head of The Sustainability Committee, Dubai Municipality and Guest of Honour, Mr. Majed Al Suwaidi, Managing Director, Dubai Internet City and Dubai Outsource City inaugurated the summit. The ribbon-cutting ceremony was followed by an opening speech by both these esteemed dignitaries. Premium sponsors Samsung and DarkMatter also took the stage to deliver a welcome address.

Majed Al Suwaidi, Managing Director of Dubai Internet City and Dubai Outsource City, said, “Dubai is already an established international hub for business, ICT, media and so on, with dynamic industries and a vibrant economy, and smart initiatives will further enhance the Emirate’s position as a leader in the field of technology and also in the field of innovation. This conference provided an excellent platform to showcase just how far Dubai has come as a Smart City, and also for businesses and individuals to discuss areas of future collaboration and ways to work towards our leadership’s ambitious goal; to be the smartest city in the world.”

All the invited speakers during their sessions covered different facets in the smart cities domain that ranged from cloud computing to cyber security; from ICT innovation to robotics; from energy efficiency to hydrology. Mohammed Gharaibeh, Head of Enterprise Business Group, Samsung Electronics Business presented on the company’s innovative end-to-end solutions that can be integrated not only in a citizen’s day-to-day life but also can be adopted by cities at large to enhance efficiency, increase productivity and security.

Dr. Mario Rossi, Landscape Architecture Manager, The Office of H.H Crown Prince of Dubai during his session emphasized on the use smart technologies for a better and sustainable landscape in Dubai. He supported his presentation with an extremely interesting case study on the implementation of robots for maintenance activities with the display of three robots on stage, which piqued the curiosity of all the attendees present.

The impressive lineup of speakers included Manchester City Council’s Stephen Turner; William Ruh of GE Software; Huawei’s Safder Nazir; Micorosft’s Michael Mansour; Shafik Jiwani of Rolta; Hive technology’s Gert Botha; Rami Hajjar from Philips amongst many others. RTA’s Abdulla Al Madani delivered a session on the topic of smart and sustainable mobility that provided a holistic view on the initiatives adopted in driving a smart government. His inputs on RTA’s smart city strategy garnered a tremendous amount of interest and was followed by questions from many of the summit attendees.

Talking about the success of the summit, Brad Hariharan, Regional Director, Expotrade Middle East, mentioned, “In the second edition, our summit has covered a broad scope of topics and themes that are integral to smart city development in the Middle East. Experts from the government and industry leaders delivered keynote sessions with case studies and strategies of initiatives implemented that offered tremendous value to the summit attendees. We are thrilled with the feedback we have received from our sponsors and delegates. We look forward to continue our success at next year’s edition of the summit as well.”

Wim Elfrink, President, Digitalisation Solution Ventures moderated the first day’s panel discussion on cyber security, safe and secure connected cities. Joining him on the panel were Eric Eifert, Senior Vice President of Managed Security Services, DarkMatter; Furqan Ahmed Hashmi, IT Operations Leader, Emirates Investment Authority and Yousuf Mohammed Al Shaiba, Director of Smart Services Development Department, Ajman Municipality & Planning Department.

Day two of the summit commenced with Paul Copping of The Royal Borough of Greenwich’s session on what a smart city constitutes. Steven Velegrinis of Perkins + Will outlined how hydraulic systems will be used in future cities as a positive transformative urban element, while Faisal Rashid of Dubai Supreme Council of Energy spoke on mapping the energy intensity for Dubai and management of energy conservation.

Dr. Zahra Al Rawahi, Director of Innovation, The Research Council – Sultanate of Oman during her session spoke of how ICT is the main enabler of smart cities, and also shared examples of smart city solutions by some countries across the globe.

The second panel discussion of the summit was on the topic implementing sustainable strategies to increase energy efficiency in Dubai with a focus on solar energy. James Stewart, General Manger, Alec Energy moderated the panel and was accompanied by fellow panelists Dr. Corrado Sommariva, Managing Director, ILF Consulting Engineers; Jamie Low, Associate Engineer, Buro Happold Engineering; Matar Suhail Salem Al Mehairi, Vice President in Asset Management Department – Distribution Power Division, DEWA and Jane Boyle, Technical Director and Head of Sustainability and Energy, WSP | Parsons Brinckerhoff.

With multiple networking sessions, attendees were presented with ample opportunities to visit the exhibitor lounge and connect with over 20 companies such as Samsung, Dark Matter, GE Lighting, Philips, Microsoft, Huawei, Rolta, Fusionex, Hive Technology and Introsys who showcased their smart city solutions. The success of the summit prompted sponsors and delegates to comment positively at the close. Salwar Bayaty, Assistant Director, Dubai Properties Group, said, “The topics and presentations were related to the theme of the summit and were extremely informative. There was a good mix and variety of presenters.” Mark Hauenstein, President, Technical Designs said, “An excellent forum to share ideas and technologies that promote and encourage smart infrastructure.”

The event closed with a prize draw that saw two lucky participants win a 2 nights’ stay at the luxurious Sofitel Dubai The Palm Resort & Spa and an Apple iPad.

2nd Annual Arab Future Cities Summit 2015 Kicks Off Tomorrow in Dubai

Keynote speech in progress at Arab Future Cities Summit Dubai 2014

Keynote speech in progress at Arab Future Cities Summit Dubai 2014

Dubai, United Arab Emirates, November 1, 2015: The stage is set for the 2nd Annual Arab Future Cities Summit 2015. Held under the patronage of Dubai Municipality and organized by global conference producers, Expotrade, the two-day summit will bring together over 350 attendees, including representatives of government organizations, sustainability experts and smart city solution providers.

Majed Al Suwaidi, Managing Director, Dubai Internet City and Dubai Outsource City will inaugurate the summit and deliver the opening speech in the presence of esteemed dignitaries such as Eng. Abdulla Rafia, Assistant Director General – Engineering & Planning Sector, Head of The Sustainability Committee, Dubai Municipality and ambassadors of the Embassies of Montenegro, Sweden, Islamic Republic of Iran, the Republic of Angola and Consul General of the Consulate General of Canada. It will be followed by a welcome address from Eng. Abdulla Rafia, Assistant Director General – Engineering & Planning Sector, Head of The Sustainability Committee, Dubai Municipality.

Mr. Brad Hariharan, Regional Director, Expotrade Middle East, said, “With an elite lineup of keynote speakers and panelists, our summit is the ideal platform to discuss technological innovations that deliver smart city solutions seamlessly and also hold dialogues on the region’s ambitions and progress to gain a smart city status.”

With a series of forward-looking topics, the summit agenda will feature engaging keynote sessions, case study presentations and interactive panel discussions. Across two days, the summit will provide an opportunity to gain insights from industry thought leaders and experts on the best practices, challenges and opportunities emerging in the smart city domain. The summit agenda will broadly cover topics under the purview of Big Data, Internet of Things, Cloud Computing, Connected Home, Cyber security and Connected Lighting.

Featuring presentations by 30 regional and internationally acclaimed speakers including, Abdulla Al Madani, CEO – Corporate Technical Support Services Sector, RTA; Stephen Turner, Head of Future Cities, Manchester City Council; Dr. Mario Rossi, Landscape Architecture Manager, The Office of H.H. The Crown Prince of Dubai; Faisal Rashid, Director, Demand Side Management, Dubai Supreme Council of Energy, to name a few, the summit will focus on the trends and technologies that will drive the growth of sustainable smart cities. Experts Yousuf Mohammed Al Shaiba, Director of Smart Services Development Department, Ajman Municipality & Planning Department and Furqan Ahmed Hashmi, IT Operations Leader, Emirates Investment Authority will participate in a panel discussion on Cyber Security, Safe and Secure Connected cities.

Offering unrivalled networking opportunities, possibility of dialogue and knowledge sharing with the industry stalwarts, the summit will showcase cutting-edge and emerging technologies that will shape the future of smart cities in the region. The summit has the support of more than 20 sponsors, including Samsung Business, Dark Matter, GE Lighting, Philips, Microsoft, Huawei, Rolta, Fusionex, Hive Technology and Introsys to name a few.

For more event details, please log on to http://smartcitiesdubai.com

Smart Data Summit 2016 Edition Dates Announced

Smart Data Summit 2016 edition dates announced

Smart Data Summit 2016 edition dates announced

  • The Summit will be held on 23-24 May 2016 at Sofitel The Palm Resort & Spa, Dubai
  • The underlying theme of the summit is future of data management and the role of smart data and analytics in driving revenue growth

Dubai, United Arab Emirates, October 27, 2015: Global conference producers, Expotrade today announced the 3rd Annual Smart Data Summit will be taking place on 23-24 May 2016 at Sofitel, The Palm Resort & Spa, Dubai. The summit is a leadership-level event, focused on exploring forward-thinking opportunities in the big data domain that will benefit over 300 participants from across the GCC.

The concept of Big Data and Analytics has evolved considerably with many companies effectively adopting it within their business practices. Businesses across sectors use the power of big data and analytics to assimilate information in order to imbibe and develop new solutions and optimize processes. The two day summit talks about how businesses can make profitable decisions using big data and analytics and increase their customer base.

Announcing the dates of the summit, Mr. Brad Hariharan, Regional Director, Expotrade Middle East, said, “We are thrilled to confirm the dates of the 2016 edition of our Smart Data Summit that will convene sector specialists and heads of leading regional and international companies across industries under one roof, deliberating on the challenges and opportunities arising from the field of Big Data and Analytics. According to a recent industry report, it is perceived that there is an increased interest from companies on the adoption of big data, analytics, mobility and cloud.”

The two-day conference agenda will encompass engaging and forward-looking topics such as making informed decisions to innovate and design products with big data; big data and analytics in telcos; smart data modernizing the utilities industry; BFSI sector’s gain from smart data and analytics to build loyal customer base and using data and intelligence for powering interoperability in smart cities. The summit offers two days of intensive learning experience filled with research-driven keynote sessions, case study presentations and panel discussions that will provide multiple perspectives on topics pertaining to Big Data and Analytics.

As in the previous editions of the summit, the attendees will include CIO’s and Heads of IT, Chief Technology Officers, CFO’s and Finance Directors, Heads of Data Analytics, Modeling and Mining, Heads of Marketing, System and Business Analysts, Data Architects and Scientists, Customer & Business Intelligence Specialists and Technology Specialists.

Last year’s edition of the summit saw a robust panel of speakers and experts from internationally renowned organizations such as Facebook, Twitter, du, IBM, Wipro, HP, Emirates NBD, and Flipkart, amongst many others take the stage to share insights on the theme of discovering the power of big data, influencing product decisions with analytics, data governance and security and using technology to improve customer experience.

The 2015 edition of the summit was a huge success, receiving adulation from attendees and speakers alike. Anupam Dikhit, Industry Manager, Twitter, said, “In terms of the way the event has been designed, the kind of speakers that presented, the entire structure and format – I think it’s fantastic. Because you have taken an issue or space that is up coming and a region that is up and coming – we have seen a lot of traction happen in the Middle East over the last few years, so it’s really a sunrise sector here – and you have got the best of thought-leaders from across the world. That’s not a mean feat.”

Dr. Dirk Jungnickel, Senior Vice President – Business Analytics, Emirates Integrated Telecommunications Company (du), said, “It has been a very pleasant and interesting event. I had some very good conversations during the breaks and also the presentations so far have been first-class. It’s a good mix of vendors and consumers of big data technologies or people who are applying the technologies.”

More information on the 3rd Annual Smart Data Summit is available now at http://www.smartdatadubai.com. Follow the Summit on social media with the hashtag #SDATAS2016.

5th Annual Middle East Banking Innovation Summit concludes successfully

Keynote session in progress at the 5th Annual Middle East Banking Innovation Summit 2015

Keynote session in progress at the 5th Annual Middle East Banking Innovation Summit 2015

Dubai, September 17, 2015: The two-day Middle East Banking Innovation Summit featuring 20+ presentations, over 30 speakers and more than 450 attendees came to a successful closure on Tuesday. The 5th edition of this summit reiterated its position as the leading platform in the Middle East region for the bankers to engage in idea sharing on trends and technological innovations driving the industry. The summit commenced with premium sponsors Visa, Schneider Electric and IBM welcoming attendees to see the latest developments, develop new business opportunities and discuss pressing industry issues and challenges.

In tandem with the growing trend, Nilanjan Ray of NBAD’s opening address highlighted the growing need for banks and financial institutions to innovate and shared insights on the emerging payments landscape. Taking the discussion further on payments was Paul McCrea of Visa, who took the audience through the company’s strategy in developing innovative products and services. Placing a strong emphasis on innovation, he emphasized on how the payments industry has witnessed an unprecedented change with the introduction of new form factors.

Marcello Baricordi, General Manager UAE and Global Accounts Lead, Visa MENA, added, “Visa envisions a future where connected devices define the way people shop and pay, and that is what we have attempted to create with the connected car proof-of-concept, which was demonstrated at the Summit. In fact, we see a future where consumers can seamlessly make many of their everyday purchases from a ‘connected car’, such as petrol, parking, transit tolls, and drive-through purchases.”

Jonathan Duncan from Schneider Electric spoke on the data center infrastructure management and the benefits banks stand to gain from a connected infrastructure. On the other hand, IBM’s Naveed Minhas highlighted the importance of a digital studio and why banks need to leverage and deliver digital transformation.

The Day 1 panel discussion on Smart Payments Strategy was led by Amru Kotb of Cryptomathic and included inputs from industry experts Noor Bank’s Ehsaan Ahmed, Dubai Islamic Bank’s Dr. Haroun Dharsey and Gary Collins of Westpac Pacific.

Ziad Youssef, Vice President of ITB, Gulf Countries, Schneider Electric said: “In this digitally-driven age, financial institutions are expected to securely storage critical, sensitive data, be available round the clock, and efficiently leverage IT to deliver quality customer service at the touch of a button. Effective management of complex IT systems is thus a crucial component to the overall functioning of such institutions. To address these needs, Schneider Electric was happy to present our suite of datacenter solutions to the regional banking industry. The Middle East Banking Innovation Summit (MEBIS) 2015 was an excellent platform to highlight our value-add, and share hardware and software innovations which can develop enterprise in a strategic way.”

Westpac Pacific’s Gary Collins during his session elaborated on the need to innovate and design mass market product and payments in developing markets. Kartik Taneja of Standard Chartered Bank, explained the changing landscape and trends in the payments industry, supported with statistics and two noteworthy case studies on mobile wallets. Sessions on day 1 included speakers from Sestek, Collinson Group, Appello, Intellect Design Arena, CSC, Backbase and Entera as well.

Pedro Cardoso, Head of Multichannel and CRM, Emirates NBD kicked off Day 2 Summit with an extremely interesting session on addressing UAE’s success in digital payments. Apart from sharing remarkable insights on the payments industry in the UAE, he also launched the bank’s first social media banking product at the Summit. Called Social Banking, this service allows Emirates NBD customers to access their account and make transactions using Twitter’s direct mail service.

Mr. Brad Hariharan, Regional Director, Expotrade Middle East, said, “We are thrilled by the response we have received from our sponsors and delegates and would like to extend our heartfelt appreciation for their support. In its fifth year now, the summit has grown tremendously in size and relevance. Over the course of two days, the summit covered pertinent industry topics, addressed emerging trends and provided a platform to showcase innovative offerings and solutions targeted to the banking sector.”

This year’s edition of the summit also featured an Innovation Lounge that provided 40+ sponsors and partners an opportunity to present their technological solutions. Additionally, the summit also offered two days of unrivalled networking opportunities that proved to be extremely valuable to the attendees.

Haadi Raad of Visa, Spinney’s Paresh Buch; Emirates NBD’s R. Sivaram and Sameer Soliman of Network International participated in a panel discussion on how digital payments is displacing cash in the real and virtual world. The panel discussion enabled an in-depth conversation and gave delegates valuable insights on the payments industry.

Day 2 sessions included speakers from Comarch, Infrasoft Technologies, Oberthur Technologies, IMTF group and SAS speaking on boosting customer engagement with wearables and beacons; banking in the digital world; fighting e-commerce fraud; transforming compliance burdens into business benefits with digital onboarding and addressing customer’s unspoken needs.

The event was appreciated by attendees, with senior delegates commenting favorably at its close. Renee Tannous Loca, Vice President – Strategic Planning, First Gulf Bank, said, “The summit showcased interesting content from great presenters. The panel discussions showed how groups can work together effectively. It has been a fantastic networking experience.”

“A very well-organized and efficiently run event. The summit had a range of informative speakers from a cross-section of banking and technology sectors.” said, Mr. Andrew Baxter, Managing Director – Global Markets e-commerce, NBAD.

Mr. Anand Narayanan, Head – Demand Management and Project Delivery, Abu Dhabi Commercial Bank said, “The participation was impressive. It was nice to see an innovation element demonstrated by most of the technology service providers. I look forward to this event next year as well.”

The Summit came to a close with a lucky draw that saw four winners take home exciting prizes ranging from a set of Sennheiser headphones, a priority pass offering access to 700 airport lounges across the word, an iPad and a 2 nights’ stay at Sofitel, Palm Jumeriah, Dubai.