Tech Republic‘s report states these four tips will set smart cities apart from the rest or the ones in the making by the following best practices:

Hierarchical management commitment

Although there are chances of preliminary disagreements in altering the GIS-traffic management approach, Laura Schewel, CEO, Streetlight Data, said: “Decision makers have to decide that they are going to replace older data collection and performance measurement tools and streamline existing processes.”

Analysing the differences between before and after implementing the new changes

Following up and accessing the impacts of the new infrastructure changes are very crucial. “Processes need be put in place to measure both the before and after effects of making a change based on the analytics,” said Schewel.

Systems to be more diagnostic-oriented

Systems should be modified to be more diagnostic-oriented. These diagnostics will be aid to planners and those accountable for setting up maintenance activities because they own the know-how about the infrastructure hurdles.

A system install that engages people as well

Installing advanced technologies like enhanced analytics and IoT shouldn’t be only implemented. These technologies should engage people so they know for themselves how the new system works, and shouldn’t be prone to any change or adoption of the new system.

The post Smart tips to well-establish smart cities appeared first on International Finance.

The Summit will be held in Atlantis, The Palm in Dubai. Dubai takes pride in being the world’s smartest city, and is now embracing data to establish itself as a data-driven economy.

The event offers great insights into the importance of data management solutions to improve business performance for private and public firms.

Some of the well-known establishments in the digital space such as Ekimetrics, Actifio, RBBI, Knowledge Lens and Knowledge Foundry are sponsors and partners at the event.

The key speakers include:

• Younus Al Nasser

Assistant Director General, Smart Dubai Office

• Alejandro Carbon

CEO, Beam

• Sebastian Samuel

Chief Information Officer, AW Rostamani Group

• Maha Muraish

Vice-President for Data Monetization, Etisalat

• Louise Blake

Head of Data, Tajawal

• Alessandro Casuccio

Head of Business Intelligence & Analytics, Careem

• Joel Farvault

Head of Data, AXA Insurance

• Mohamed Tahoon

BI Developer and Visualization Lead, Dubizzle

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The World Economic Forum’s Global Future Council on Cities and Urbanization today publishes Data-Driven Cities: 20 Stories of Innovation, a collection of 20 of the most creative ways cities worldwide are drawing on big data to improve services and quality of life.

The post Sewage-powered cars, smart cycle paths, safer buses: How Big Data is making cities better appeared first on International Finance.

July 23, 2014: Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has announced the launch of ‘Smart Bank’, in line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum’s, Vice-President and Prime Minister of the UAE and Ruler of Dubai, to transform Dubai into a ‘Smart City’.

With Dubai taking the lead to become the most modern and smart city in the world, DIB has positioned itself to become a cornerstone of this vision. Smart Bank, a revolutionary concept promises a customer experience seldom witnessed in the service industry. Riding on its strong technological prowess, the bank is focused on setting new benchmarks in the field of customer interaction by making it quick, seamless and even pleasurable.

“For us, Smart Bank is not just a slogan, but a philosophy that reflects in every molecule of our interaction with the bank’s vast and expansive client base”, said Dr. Adnan Chilwan, CEO, DIB.  “This novel and innovative idea is an extension of our Customer First program built around customer centricity and focus. Fully aligned with Dubai’s long term ambitions, we are committed to transform the banking service industry through extensive and innovative use of technology leading to a completely new and refreshing experience for all our customers and stakeholders,” he added.

DIB aims to have the Smart Bank concept built into the customer experience across its entire client base, individual or institutional. “One of the key elements of this endeavor is a paperless transaction culture, which embodies DIB’s commitment not only to enhanced customer experience but also to CSR and sustainability,” mentioned Dr. Chilwan, underpinning the bank’s pledge to support Dubai’s future strategic agenda.

The new platform will serve the growing demand for banking services by allowing customers to complete their banking transactions at DIB branches electronically through an entirely seamless process with faster turnaround times.

New customers can now complete their account opening formalities and walk out with their instantly issued ATM cards and cheque books within 15-20 minutes.

System integration with the Emirates Identity Authority enables uploading of customer information directly from the Emirates’ ID cards into the bank’s systems. Customer transactions are completed without filling forms using handheld electronic devices with digital signatures taken for secure and efficient processing.

DIB has already launched the paperless, smart bank experience for customers across 12 of its branches in the UAE, with plans to roll it out across its entire network of 90 branches by the end of October 2014.

In line with the Smart Bank initiative, the bank also recently announced a tie-up with Dubai Smart Government (DSG), which will electronically link the Government’s Resources Planning (GRP) Systems and Dubai Islamic Bank (DIB) to automate the financial processes for government suppliers and salary payments. The full automation of electronic payments with DIB allows staff at any government entity to send the due payments to suppliers and the salaries of employees directly through the automated and fully integrated platform provided by DIB.

Source: DIB

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