The pandemic may have brought about numerous disadvantages across the globe, but it has also driven the advancement of digital technologies in many ways. The fact that everyone, at one point or another, was forced to stay home for the safety of whole countries has brought forth virtual means to conduct day-to-day activities from online business calls to digital processing of documents.
One such advancement comes in the form of the Internet of Things (IoT), and these technologies are expanding the growth of various industries and e-commerce in the Mena region. These applications include delivery, research, construction, smart industries and more.
The innovative approach of IoT has also contributed to economic growth in the Middle East. in particular, Vodafone’s efforts have shown that businesses can boost their efficiency with these devices.
According to Gulf Times, “Asset tracking has emerged as one of the biggest trends in IoT in recent times, with a predicted 27% increase in usage globally between 2020 and 2025 alone. Every business has valuable assets, such as industrial equipment, vehicles or machinery, and ensuring that they are protected and kept functioning properly is crucial for operations.”
To put this into perspective, it’s important to look at specific assets. For instance, heavy machinery that may be operating under harsher conditions can be monitored digitally to reduce the instances of physical maintenance to save resources and time.
“In manufacturing, for example, IoT has become a key pillar of the drive towards Industry 4.0, otherwise known as the digital transformation of industry which delivers real-time decision making, enhanced productivity, flexibility and agility with minimal human involvement. This increases productivity, energy efficiency, and sustainability, as well as reducing downtime and maintenance costs,” the Gulf Times continues.
Afreno is a Business Consultancy that draws on its long presence, over 10 years in fact, in the field of forming companies, while capitalizing on its impressive know-how at both local and international levels. This endeavor also extends to developing local partnerships and offering excellent opportunities in real estate.
Unlike any other Business Consultancy company in the State of Qatar, Afreno includes under its umbrella three closely-linked comprehensive services: business advice, legal negotiation and real estate possibilities. This means that any project, however complex, can be dealt with in all its aspects. Added to this is our wide range of reliable clients and trusted business contacts, plus our up to the minute awareness of what is going on in the markets, whether GCC or local. Your business venture will be backed by our in-depth knowledge, the valuable connections we have built over time, and our solid reputation, ensuring that you succeed quickly, whatever enterprise you are involved in. All this will be achieved with the minimum of stress; unsurprisingly Afreno has become the point of reference for anyone wishing to incorporate or grow their business in the local market.