Robotic and automated services to grow in the GCC
As part of an on-going process of modernising the nation, His Highness Sheikh Mohammad bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has implemented novel digital solutions across a range of sectors.
The UAE is seen as a leader in the pursuit of creating more automated facilities in the region and projections indicate that the compound annual growth rate (CAGR) is expected to exceed by six per cent for a period of four years until 2016, according to Robotics Technology Exhibition. This projected growth rate is, perhaps, one of the best reasons for investors to invest in the UAE to earn high returns in the near future.
Dubai’s already making huge strides in creating automated services for its residents, such as the Dubai Metro, which has been declared by the Guinness World Records as the longest fully automated driver less system in the world to date.
In addition to this feat, the Dubai government recently launched a series of smartphone applications, including one for the Dubai Police, which has been acclaimed by residents as a huge success. Also, the first robotic pharmacist in the Gulf region was launched in Abu Dhabi last year, which is capable of dispensing medicines based on approximately 3,000 different prescriptions.
The Khalifa University, also based in Abu Dhabi, recently procured the Free Levitation for Overground Active Training (FLOAT), which is a device used to assist those with physical impairments to rehabilitate in a three-dimensional environment.
All of these are indicative of the growing demand for automated services in both the Gulf and the Middle East regions in multiple industries, such as healthcare, education, hospitality and transportation.
The International Federation of Robotics (IFR) indicates that the overall global growth rate is steadily increasing, partly thanks to the adoption of automated services in Middle Eastern countries. In addition, the massive economies of BRIC nations are also contributing to the gradual boom.
An evaluation by the IFR indicates that, by 2015, the overall sales of robotic products across the world will surge by an impressive five per cent.