This is precisely the vision behind the recently launched comprehensive 10-year Industrial Strategy – known as Operation 300bn that aims to transform the industry into a vital enabler and contributor to national GDP.

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, has said that industries of the future are central to the UAE government’s efforts to secure sustainable long-term economic growth.

EDGE offers its full support to MoIAT in sharing experiences and best practice for the benefit of others in our national industries – in domains such as IP classification, digital transformation, learning and innovation around industry 4.0, and operational excellence. We will make this knowledge available to local industries through collaboration with MoIAT.

According to the World Bank, in 2019, trade represented more than 60 percent of the global gross domestic product (GDP). Data from The International Chamber of Shipping reveals that shipping plays by far the largest part in this, facilitating roughly 90 percent of the world’s trading. The ports of the world literally keep its goods flowing.

FTTO networks require significantly less equipment, consume less energy and require less cooling. In a traditional copper-based Ethernet network with 1,000 ports, the annual electricity consumption is estimated to be 82k kWh.