Global marine terminal operator DP World will be showcasing some of its innovations for the ports and logistics industry during ‘UAE Innovation Week’, a celebration of innovation in the country in line with the directive of UAE President Sheikh Khalifa bin Zayed Al Nahyan to mark 2015 as the ‘Year of Innovation’, as well as releasing a report, which aims to outline five key ICT trends shaping the ports and logistics sector.
DP World’s report “A Turning Point: The potential role of ICT innovations in ports and logistics” outlines five key trends that will affect almost all aspects of the trade and logistics processes in the future. These include robotics and automation; autonomous vehicles; the Internet of Things and big data, and simulation and virtual reality.
The event also builds on the National Innovation Strategy which was launched by Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai as a primary tool to achieve the UAE Vision 2021.
The company’s Innovation Week stand at Dubai Mall from November 22 to December 4 will showcase its achievements in pioneering productivity and efficiency innovation across its operations, to move cargo for customers at greater speed, reduced cost and enhanced safety.
Examples at DP World's Dubai Mall exhibition stand include full automation and driverless cars at its Rotterdam World Gateway facility in The Netherlands and remote controlled drones to control security at ports.
The exhibition also houses interactive and entertaining activities that earn visitors points they can redeem for gifts. A state-of-the-art simulator will also recreate the role of a quay crane operator at its flagship Jebel Ali facility.
Sultan Ahmed Bin Sulayem, Chairman of DP World, said: “A major initiative launched by Sheikh Mohammed bin Rashid Al Maktoum, the UAE Innovation Week underlines our visionary leadership's aspiration to develop institutions as innovative hubs that will positively impact the community and build a culture of innovation in the country. Such initiatives strengthen our position as a leading innovation centre globally, in line with the UAE Vision 2021.
“This week reflects Dubai’s status not only as a major trading and tourism destination, but also as an innovation leader, providing services that meet people’s needs. Dubai has become a successful model regionally and globally and we are following suit as a business. We encourage our people to think ahead and to develop the best long-term innovative trade solutions to maximise efficiency, reliability and safety. These developments will contribute to global economic growth and ultimately raise people's standard of living.
Sara Falaknaz, Vice President for Innovation at DP World, said: “Embracing change, developing and implementing innovative solutions is part of who we are. This week celebrates individuals and institutions alike and gives us an opportunity to display our latest innovations that will contribute to the UAE Vision 2021. We are demonstrating ‘smart’ initiatives showing how we enable trade locally, in the region and around the world.”
The report, prepared in collaboration with the Economist Intelligence Unit, concludes that while significant investment is needed, timing is key as in competitive markets there is an imperative to be among the first in the game to automate.
The report also highlights that government policy may be the primary driver of some innovations, while a new suite of skills is simultaneously needed to keep up with an ever increasing tech-savvy world.