Businesses

  • BT to invest £600m in faster broadband services for rural parts of UK

    British telecommunications colossus BT has announced that it will invest £600m in faster broadband services in rural parts of the United Kingdom. BT believe the investment will enable them to provide all households in Britain with access speeds of at least 10 megabits per-second, which will allow users to be able to stream content from OTT services such as Netflix and YouTube.

  • Montreal receives investment of $854m to bring superfast fibre broadband directly to homes

    Montreal has received an investment of $854m from Bell in order to implement the fastest broadband fiber technology directly to homes and businesses across the city. This investment is expected to create an estimated 2,700 new jobs and generate $2.2bn in economic activity. The incredible new infrastructure will provide direct links to 1.1 million residences and business locations - and will firmly place Monteal at the forefront of the global 'Smart Cities' movement.

  • Norway’s largest companies join forces to develop national strategy on AI

    Some of Norway's largest companies are joining forces in establishing a national powerhouse for artificial intelligence. Its aim is to improve the quality and capacity for research, education and innovation in the field.

  • PwC claims AI will contribute $320bn to Middle East economy by 2030

    PwC Middle East reports that Artificial Intelligence (AI) will contribute US$320 billion to the Middle East economy by 2030 - the equivalent to 11% of GDP.

  • Research projects that AI will replace 40m jobs in China by 2030

    New research compiled has projected that AI will replace between 40-50 million full-time jobs in the country over the next fifteen years. The report stated that it was imperative the China's labor market be prepared to adapt to the challenges brought on by the rapid development of AI and automation.

  • UAE environment group call for cities to endorse zero carbon emissions program

    Emirates Green Building Council (EmiratesGBC), an independent forum aimed at conserving the environment by strengthening and promoting green building practices, has called upon all businesses, entities, and cities in the United Arab Emirates and the region to formally endorse and sign the Net Zero Carbon Buildings Commitment.

  • What Industrial IoT means for the future of the manufacturing sector

    The Industrial Internet of Things (IIoT), a subset of the Internet of Things (IoT) is expected to transform a variety of industries. Digital transformation has reverberated across several, if not all, industries and it will definitely continue to do so over the next few years, especially with the rise of 5G network adoption across the globe, it will give IoT the power to function in the best way imaginable.