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Dubai will host the Smart Living City (SLC) expo this month amid growing interest in the smart city concept worldwide. According to market research firm MarketsandMarkets, the smart city sector is forecast to be worth around $1 trillion (Dh3.6 trillion) by 2019, providing a huge incentive to invest in smart solutions to emerging challenges in urban development.
SLC will be held September 15-16 at Jumeirah Emirates Towers in Dubai, in line with the vision of His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice- President and Prime Minister of the UAE and Ruler of Dubai, to transform Dubai into the smartest city in the world. It is hosted by Tasweek Real Estate Marketing and Development in coordination with Inside Investor.
The expo will also be held in San Francisco and Singapore. Its goal is to create entrepreneurial activities and boost the creativity of technology supporters, source the most effective ingredients for start-ups, men- tors and public and private sector partners, and consolidate best-in-class incubators on a smart platform.
"Many cities across the world are making the shift to being a smart city with an aim to make their urban environments more desirable, secure, sustainable and eco-friendly for citizens, residents and tourists," says Masood Al Awar, CEO of Tasweek.
"SLC Dubai will offer a platform to brainstorm smart technologies that can offer many new windows of opportunity for informed decision-making and better citizen engagement in a smart city."
Smart Living City will also throw a spotlight on the smart business programmes and will host three competitions for start-ups to pitch ideas on how to address challenges in creating a smart city and implement innovations.
The show will bring together more than 20 exhibitors, along with leading practitioners and technology initiatives such as Big Data. machine-to-machine and cloud computing technologies from across the globe. It will also provide a platform for exhibitors to share ideas with government representatives, company executives, technology investors and business accelerators.
The expo will also highlight successful start-ups through masterclasses, discussion panels and exhibitions. Representatives from the Dubai Government, Stanford University, Massachusetts Institute of Technology, Microsoft, Terreform One, Hamdan Bin Mohammad Smart University and other entities will also share their expertise and initiatives.
Source: Hina Navin, Special to Property Weekly