The field of strategic planning and future building is transforming Dubai due to Dubai Future Accelerators, which has been launched by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, vice president and prime minister of the UAE and ruler of Dubai. It's definitely shaping the country's future. 

Read more: Dubai Future Accelerators shaping the future

Witnessed by His Majesty King Salman Bin Abdulaziz Al Saud, the Custodian of the Two Holy Mosques, and German Chancellor, Angela Merkel, during her trade mission to the Kingdom, SAP announced a plan to launch the SAP Cloud Hub, in collaboration with the Saudi Ministry of Communication and Information Technology represented by the National Digitization Office, to support the acceleration of Saudi Vision 2030 and meet the Kingdom's digital transformation goals.

Read more: His Majesty King Salman Bin Abdulaziz Al Saud & German Chancellor witness MoU by Saudi Government...

Investment in technology and innovation in the online financial services sector is now essential in the Middle East, according to research on digital use and e-commerce in the region conducted by Hootsuite and We Are Social. The findings show that in the UAE, 62 percent of people bought something online in the last month, a 25 percent year on year rise, and 47 percent of people made a purchase using their mobile in that period.

Read more: Middle East e-commerce set to triple in value by 2020, research shows

How much is big data really worth? That's the question analysts have been tackling. Some suggest big data is becoming more dominant in determining the valuation of a company. There's been a shift in the way organizations are valued, from those that own tangible assets to those that were built on big data, like Facebook and Uber. Those in the business of valuing corporate investments will increasingly be forced to "consider a company's wealth of information in properly valuing the company itself," says industry analyst Douglas Laney.

Read more: How big data’s disrupting traditional business valuation

Iron Mountain Incorporated, a specialist in storage and information management services, has acquired a controlling stake in Endless Document Storage Services LLC. The acquisition is in line with Iron Mountain's strategy to expand its presence in fast-growing international markets by investing in well-established local or regional businesses that can provide similar services and have a similar business ethos.

Read more: Storage and info management services firm Iron Mountain extends footprint with first Middle East...

Vidsys, the leading global software technology manufacturer of Physical Security Information Management (PSIM) and Converged Security and Information Management (CSIM) software, announced that neXgen Group, a leading smart city advisory and managed services provider based in the UAE, will be offering Smart Safety & Security as a service leveraging Vidsys' CSIM multi-tenant cloud-based solution.

Read more: neXgen Group Launches Vidsys CSIM platform for Smart Cities

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