Innovation i tech High
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
WHITE PAPER ON UAE's STATE OF MANUFACTURING<br />
machine inelegance, remote<br />
monitoring and IOT will<br />
bring the process very close<br />
to perfection. According<br />
to Mr. Khafaili, the digital<br />
<strong>tech</strong>nologies would without<br />
a doubt have direct impact<br />
on business profitability as<br />
the return of investment can<br />
be fully optimized to suit the<br />
investors priorities, like more<br />
outcome focus, quality focus,<br />
energy optimization focus<br />
etc.<br />
Digitization for sure has<br />
already streamlined<br />
operations in the<br />
manufacturing sector,<br />
Information systems<br />
are prominent in<br />
all companies now<br />
which allows for<br />
tracking, reporting<br />
and identifying errors<br />
within operations.<br />
This further enables<br />
manufacturing<br />
companies to<br />
focus on their core<br />
competencies.<br />
Needless to say,<br />
digitization also allows<br />
better flow planning<br />
of raw materials that<br />
are procured from<br />
suppliers and efficient<br />
manufacturing<br />
scheduling,<br />
Overall, these improvements<br />
have led to better<br />
manufacturing output, less<br />
production cost and more<br />
satisfied customers.<br />
UAE, interestingly, is one of<br />
the first adapting countries<br />
in the region to artificial<br />
intelligence. Recently,<br />
HH Sheikh Mohammad<br />
Bin Rashid Al Maktoum<br />
announced the first minister<br />
of its kind for AI with a clear<br />
strategic vision on how UAE<br />
would rely on AI during the<br />
coming years.<br />
Delighted at this move,<br />
Mr. Omar says: “With<br />
systematic and structural<br />
adaptations of AI in the<br />
UAE, the manufacturing<br />
industry will see huge cost<br />
savings in the near future, as<br />
adopting AI will streamline<br />
operations from transport to<br />
manufacture, enhance the<br />
already excellent paperless<br />
environment the UAE enjoys<br />
and I wouldn’t be surprised<br />
if I see many manufacturing<br />
companies adopt driverless<br />
cars, industrial AI robotics in<br />
the near future.”<br />
In terms of the challenges,<br />
Mr. Khafaili explains how<br />
one of the major drivers<br />
of digital transformation is<br />
global coverage which is<br />
directly related to developing<br />
a network of manufacturing<br />
through different locations/<br />
countries and most of the<br />
international manufacturers are<br />
benefiting from the <strong>tech</strong>nology<br />
enabler there. It can become<br />
a big economic driver for large<br />
companies (more competitive<br />
cost positions and much bigger<br />
market penetrations through<br />
good brand positioning). But<br />
this can also pose a major<br />
challenge for our regional small<br />
to mid-size manufacturing<br />
companies who may not open<br />
their minds quick enough to<br />
these disruptive <strong>tech</strong>nological<br />
changes.<br />
“Indeed, this <strong>tech</strong>nology will<br />
provide wide enablers for<br />
these SME’s but their flexibility<br />
and adaptability towards the<br />
new <strong>tech</strong>nology and business<br />
models will be a key success<br />
factor for them," concludes<br />
Mr. Khafaili.<br />
INNOVATIONANDTECH<br />
January | 2018<br />
27