In the\nface of COVID-19 coronavirus, the UAE\u2019s banking and finance, education, and\nretail sectors are accelerating digital transformation to deliver business\ncontinuity, customer happiness, and smart services, industry experts announced\ntoday.<\/p>\n\n\n\n
The Dubai\nDepartment of Economic Development recently mandated\n80 percent<\/a> of private sector employees to work remotely. As a\nresult, the BFSI, education, and retail sectors have led in innovation, argues Condo Protego<\/strong>, the UAE-based IT\ninfrastructure and information management consultancy and solutions provider.<\/p>\n\n\n\n \u201cIn the\nface of coronavirus, remote work, distance learning, and virtual malls are examples\nof the UAE\u2019s private sector supporting short-term business continuity, happy\ncustomers, and digital resiliency, and transforming industries and business\ncompetitiveness in the long-term,\u201d said Andrew Calthorpe, CEO, Condo Protego.<\/p>\n\n\n\n By 2022, KPMG\npredicts<\/a> that 80 percent of revenue growth will depend on digital\nofferings and operations \u2013 meaning early adopters will have a competitive edge.<\/p>\n\n\n\n Banking\nand Finance Firms Boost Remote Work<\/strong><\/p>\n\n\n\n The UAE\u2019s\nbanking and financial sector has already been using Big Data, AI, and machine\nlearning to personalize customer services. Now, the challenge is moving\ndesk-bound employees to remote working. Firms have had to purchase hardware,\nsecure access to data and applications, and adopt collaboration platforms.<\/p>\n\n\n\n Education\nInnovation Supports E-Learning<\/strong><\/p>\n\n\n\n About 1.1\nmillion public and private school students<\/a> have moved from the classroom\nto e-learning platforms such as Google Classroom, ClassDojo, and Seesaw, with distance learning now through the <\/a>entire Spring 2020 academic term<\/a>. Supporting remote learning, over\n42,000 educators<\/a> received e-learning qualifications from the UAE\nMinistry of Education and Hamdan Bin Mohammed Smart University.<\/p>\n\n\n\n Retailers\nand Restaurants Personalize Offers and Virtual Malls<\/strong><\/p>\n\n\n\n As UAE\nmalls have closed for the foreseeable future, retailers and restaurants are re-orienting\nto deliveries and developing plans to launch virtual malls. Personalized\ncustomer shopping offers, geo-location services, and targeted marketing are\ndelivering the goods and services that maintain business and society.<\/p>\n\n\n\n \u201cUAE\norganizations should turn to knowledgeable and experienced channel partners to\nalign strategic business goals with information management tactics in hardware\nacquisition, IT infrastructure, and business software,\u201d added Andrew Calthorpe<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":" In the face of coronavirus, remote work, distance learning, and virtual malls are examples of the UAE\u2019s private sector supporting short-term business continuity, happy customers, and digital resiliency, and transforming industries and business competitiveness in the long-term<\/p>\n","protected":false},"author":8,"featured_media":2257,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[147,9639,150,9649,9621,54,56],"tags":[723,724,576,1137,310,290],"contributor":[],"class_list":["post-2255","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","category-fintech-emerging-technologies","category-big-data","category-education-smart-sectors","category-emerging-technologies","category-health-tech","category-retail","tag-coronavirus","tag-covid_19","tag-digital_transformation","tag-e_learning","tag-education","tag-retail"],"featured_image_src":"https:\/\/techxmedia.com\/en\/wp-content\/uploads\/2020\/04\/Andrew-Calthorpe-CEO-Condo-Protego-1a-e1586688531805.jpg","author_info":{"display_name":"Rabab","author_link":"https:\/\/techxmedia.com\/en\/author\/rabab\/"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/posts\/2255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/comments?post=2255"}],"version-history":[{"count":0,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/posts\/2255\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/media\/2257"}],"wp:attachment":[{"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/media?parent=2255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/categories?post=2255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/tags?post=2255"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/contributor?post=2255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}