Dubai Internet City (DIC), the biggest technology business center in the region, celebrated a significant milestone as it invited the launch of Cisco Systems' Cisco Innovation and Experience Center, DIC's 10 th innovation centre.

Driving innovation-led growth throughout the region and spurring Dubai's transformation right into a smart city, DIC's prospering environment has actually drawn in global information and communications technology(ICT) heavyweights, along with small and medium enterprises. Business across the spectrum in DIC are likewise spending back into the fully grown ecosystem, enabling the modern technology business hub to set new standards of excellence.

The latest investment, Cisco's 9,000 square feet innovation facility valued at greater than AED36 million, incorporates an innovation center with a customer experience centre to bring digitalisation to life for Cisco's companions and clients across 24 industry verticals, including retail, education, healthcare, transport, oil and gas, and smart city, among others.

Ammar Al Malik, Executive Director of Dubai Internet City, said: "As a key factor to attaining the goals of the UAE Vision 2021, Dubai Internet City is at the very core of the innovation mandate. Organizing the 10 th innovation centre is testimony to DIC's growing value in the global technology ball and we are happy to provide systems for companies to establish their bases and open innovation centres of different specialisations, such as the Cisco Innovation and Experience Center."

He added, "This new centre signs up with a cluster of nine other forward-looking DIC-based facilities that encourage cooperation in between industry companions, assistance young business owners, drive growth, and generate new business and work. The intermingling of ideas and ideal techniques in an enabling environment is precisely what our region needs to go to the vanguard of innovation."

According to the UAE's efforts to establish a diversified and innovation-driven economic situation, a number of famous multinationals have established innovation centers at DIC to take advantage of its gifted community and discover additional possibilities in the region. This is enhanced by in5 Dubai, an enabling platform for over 100 startups to be incubated and supported to their following phase of development.

As Dubai Internet City looks ahead to its next stage of development, the launch of its Innovation Hub, a 1.8 million square feet growth, situated at the crossroads of Dubai Internet City, Dubai Media City and Dubai Knowledge Park, is expected to transform these business parks into innovation-driven systems and enablers, substantially increasing the number of skilled professionals working and operating in the emirate.

Supporting a labor force of 15,000 professionals, the Innovation Hub will provide firms of all sizes, including international corporations, start-ups and SMEs, world-class facilities and solutions, durable and versatile state-of- the-art facilities and a lively workplace. Introduced across a number of stages, the whole advancement is set to open doors in 2019.

Prominent global modern technology corporations are significantly looking to establish their regional head office and purchase innovation centres at DIC that includes a community of similar people, facilitators and firms. Home to over 24,000 professionals, DIC's unique ecological community supplies a durable framework for services of all sizes to develop and build collaborations to execute the concepts of tomorrow.

In September 2017, Canon Middle East introduced centre, a evolved showroom concept to motivate customers and give businesses with live presentations of Canon's latest software application and hardware technologies. Global ICT options supplier Huawei also launched the Huawei OpenLab Dubai in May, which intends to collaborate with partners for industry services that advertise digital transformation and ecosystem advancement. Moreover, enterprise software provider SAP announced plans in March 2017 to build its SAP Cloud Data Center that will certainly promote organisations in utilizing the abilities of cloud solutions. The centre is planned to additionally assist increase business designs, especially in the UAE's government, banking, financing and health care sectors.

To fuel innovation and advance digital transformation for corporates, multinational working as a consultant company Accenture opened a Digital Acceleration Center in Might 2016. Showcasing innovative software program and equipment technologies, the centre equips business with the right collection of devices to end up being really digital. In the same month, monetary solutions huge Visa launched a 4,000 square feet innovation center in DIC to offer its partners in the Central and Eastern Europe, as well as Middle East and Africa areas. The facility's major purpose is to establish cutting-edge digital commerce and payment technologies to own the cashless economic climate. Earlier innovation centers established in DIC consist of those from MasterCard, Microsoft and 3M.