Y Magazine

Smart cities boost Oman’s IT market to RO122 million by 2019

Smart Cities investment is boosting Oman’s IT market to a record-high of RO122 million by 2019, industry experts announced today at COMEX Oman, running from 23-28 April.

Supporting Oman Future Vision 2040 transformation goals, public and private sectors are investing in Smart City initiatives to transform citizen experiences, and enhance productivity and national economic competitiveness. With these Smart Cities initiatives, Oman’s IT market is set to grow by 9 percent to a record high of OMR 122 million by 2019, according to a recent reportby BMI Research.

Digital transformation enabler SAP argues that Oman’s most rapidly-digitizing Smart Cities verticals are government services, transportation and logistics, tourism, healthcare, and education.

“Oman’s Smart Cities are rapidly moving from theory to reality. COMEX is an ideal platform to showcase how Smart Cities can enhance quality of life, enable real-time decision-making, and drive new levels of economic growth and job creation,” said Waheed Al Hamaid, Country Manager, SAP Oman. “As Oman enhances its global trade routes, Smart Ports have a strong opportunity to make it easier, faster, and more cost-effective to ship goods through Oman.”

“The next phase for Oman’s Smart Cities will be adopting a digital platform to connect emerging innovations such as artificial intelligence, machine learning, blockchain, and the Internet of Things,” said Dr Hichem Maya, Head of Industries, SAP MENA, who will present a COMEX keynote. “Oman’s Smart Cities can better predict citizen needs, and become more sustainable and competitive.