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tektronixtechnology · 7 months

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furiousstarfishphilosopher · 9 months

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Tektronix Technology: Pioneering the Future with AI Solutions

In an era where technology is advancing at an unprecedented pace, artificial intelligence (AI) has emerged as a transformative force, reshaping industries and revolutionizing the way we live and work. AI solutions are no longer confined to science fiction; they have become an integral part of our daily lives, offering innovative solutions to complex problems. In this blog, we'll delve into the world of artificial intelligence solutions, exploring their diverse applications and the impact they are having across various sectors.

The Power of AI Solutions

Artificial intelligence is more than just a buzzword; it's a game-changer. With its ability to process vast amounts of data, learn from patterns, and make informed decisions, AI solutions are driving advancements across domains.

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tinydreamerphilosopher · 2 years

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kenresearch1 · 10 months

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UAE Debt Collection Market is Expected to Reach More Than AED 5Bn by 2027 Owing to Rise in digital collection techniques and Improvement in UAE legal system related to debt collection, bankruptcy and insolvency: Ken Research

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UAE Debt Collection Market Ecosystem

Tahseel, First Solution Management Service are the market leaders in UAE Debt Collection Market; the market is highly fragmented consisting of many players. The UAE Debt Collection Market is composed of many players which are operating across the borders and not just within the UAE.

Key Market Findings:

Digital collections are being extensively used which leverages analytics to make the process more

Collection agents are being trained to equip them with latest technology and to adept them to various consumer situations for providing more feasible solutions.

The industry is slowly becoming more customer-centric in its approach.

Interested to Know More about this Report, Request for a sample report

IT Policies and Proper Documentation: Companies are maintaining proper documentation and proof for all debt provided by them to corporates and individuals. This makes it much easier for debt collection agencies to recover the debt in case of a default both amicably and legally as well through payment order method. Collection companies which provide settlement plans to debtors have start taking post-dated cheques as a proof for future payment. Changing IT policies require companies to maintain complete confidentiality of client information due to threat of data breach. All this factors will provide more growth to collection industry.

Emphasis on NLP Techniques: Collection agencies are extensively using various speech analytics tools to record and analyse customer conversations. This enables to maintain security and gain insights into client expectations. In addition, the information gathered can further be used for training of employees adapting them to different situations while negotiating and hence, improving their performance which would act as a key growth driver for debt collection companies.

Favorable Changes in UAE Legal System: The new legal system at UAE makes it possible to recover debts via court in merely within 7 days if all the documents are readily available. The new Bankruptcy law also provides safety for debtors and changes the shape of debt collection industry. Ultimately, act as catalysts for the industry.

Analysts at Ken Research in their latest publication- “UAE Debt Collection Market Outlook to 2027- Characterized by fierce competition and high growth prospects” by Ken Research provides a comprehensive analysis of the potential of the debt collection market in UAE. Rise in digital collection techniques and increasing use of AI and ML for recovery predictions are expected to contribute to the market growth over the forecast period.

UAE debt collection market is expected to grow at a robust CAGR over the forecasted period 2022-2027.

Key Segments Covered

Segmentation by Segment

Non-Finance

Finance

Insurance

Segmentation by Type of Firm

Debt Collection Agency

Law Firm

Segmentation by Age of Firm:

0 to 10 yrs

10 to 20 yrs

20 to 30 yrs

Segmentation by Geographical Presence

Abu Dhabi

Dubai

Fujairah

Sharjah

Ajman

Umm Al-Quwain

Ras Al-Khaimah

Sub-segmentation of insurance segment & financing segment

Sub-segmentation of insurance segment:

Motor & Transportation

Property/Fire

Liability & Others

Sub-segmentation of financing segment:

Real State

Personal

Financial institution

Services

Manufacturing

Trade

Others

Visit this Link :- Request for custom report

Key Target Audience

Existing Debt Collection Companies

Law Firms

Financing Companies

Non-Financing Companies

Insurance Companies

Debt Collection & Management software providers

Government Agencies

Finance Consultants

Others

Time Period Captured in the Report:

Historical Period: 2017-2022

Base Year: 2022

Forecast Period: 2022–2027

Companies Covered:

SUPPLY SIDE:

Debt Collection Companies

Tahseel

CMS

Aman Debt Collection

First Solution

Credit Recovery

AW Holding

Bilkish

Derby Group of Companies

Alpha Debt Collection

Fort Equity

Quick Action

ATDC

com

ALQADA

Law firms/Debt Collection

Taswiyeh

ASKTHELAW

HHS LAWYERS

DUBAI DEBT RECOVERY

STA

AE

AL ROWAAD

AL SAFAR

BIN EID

Regulatory Bodies and Judiciary

Central Bank of the UAE

Judicial Department

DEMAND SIDE:

Insurance companies

Etihad Credit Insuranc

Atradiuse

CIGNA

COFACE

PACIFIC PRIME

MetLIFE

ACE

Emirates RE

Financing companies

Emirates NBD

ADCB

DUBAI FIRST

Mashreq

Commercial Bank of Dubai

Dubai Islamic Bank

HSBC

RAKBANK

ADIB

FAB

CITYBANK

Non-Finance companies

Etisalat

Emircom

Etihad Water and Electricity

Abu Dhabi Distribution Companies

Emaar

Nakheel

Lufthansa

Choithrams

Asian Paints

Majid UL Futaim

Naseej

Key Topics Covered in the Report

Global Debt Collection Market Overview

Ecosystem of UAE Debt Collection Market – Demand and Supply Side

Value Chain Analysis – Amicable Settlement and Litigation Settlement

Market Size and Segmentation of Debt Collection Industry in UAE, 2017-2022

UAE Debt Collection Market Industry Analysis

Software used in UAE Debt Collection Market

Market Shares of Major Debt Collection Companies in UAE on the basis of Debt Collected, 2022

Competitive Analysis

Future Outlook and Projections, 2022-2027

For More Insights On Market Intelligence, Refer to the Link Below: –

UAE Debt Collection Market Outlook to 2027

Related Reports by Ken Research: –

KSA Debt Collection Market Outlook to FY’2026

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markaicorporateservices · 11 months

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The Best Business Setup Company in UAE: Unlocking the Success - Mark AI Corporate Services

When it comes to starting a Business in the United Arab Emirates (UAE), it's crucial to have the best business setup company in UAE by your side. The process of Business setup can be complex, but with the correct guidance, you can navigate the landscape seamlessly.

Offshore Company Registration to Simplify International Business

Dubai has emerged as a thriving hub for offshore business setups. With its strategic location, strong economy, and favorable tax regime, entrepreneurs from around the World are choosing Dubai for their offshore company registration. However, setting up an offshore company requires expertise and knowledge of local laws and regulations.

Here, the offshore company registration Dubai plays a crucial role. They possess extensive experience in offshore company registration and have a deep understanding of legal requirements. These companies guide you through the process, ensuring compliance and saving you valuable time and resources.

Why Choose Business Setup Consultants Dubai?

To ensure a seamless Business setup process. It is vital to seek the assistance of experienced business setup consultants in Dubai. A Business setup consultant Dubai has an in-depth understanding of the local business landscape and can provide invaluable insights into various industry sectors.

A reputable business setup consultant in Dubai offers comprehensive services, including market research, feasibility studies, company formation, legal documentation, visa processing, and more. They serve as your trusted advisors, helping you make informed decisions at every step of your business setup journey.

Business Setup Consultants in UAE: Expanding Your Horizons

While Dubai remains a popular choice for business setup, other Emirates in the UAE also offer unique advantages. Therefore, it is crucial to choose business business setup consultants UAE that operates throughout the UAE, providing services beyond Dubai.

The best business setup company in UAE offers its expertise in Abu Dhabi, Sharjah, Ajman, Fujairah, Ras Al Khaimah, and Umm Al Quwain. This ensures that entrepreneurs have access to a wide range of options and can select the most suitable location for their business.

When it comes to offshore company registration in Dubai and business setup in the UAE, partnering with the best business setup company is the key to success. Their expertise, knowledge of local regulations, and comprehensive services make the entire process streamlined and efficient.

Wrap Up:

Business setup consultants in Dubai play an essential role in guiding entrepreneurs through every aspect of their business setup journey. Their insights, industry expertise, and personalized assistance ensure that you make informed decisions and achieve your business objectives. Remember, the UAE offers immense opportunities for entrepreneurs, and with the right business setup company and consultants, you can unlock the full potential of your business venture. So, take the first step towards success by choosing the best business setup company in UAE and embark on an exciting entrepreneurial journey in this thriving nation.

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creativeautomation · 3 years

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Why is CCTV Camera very Famous in UAE?

CCTV Camera – Enhance the security of your premises with optimised CCTV cameras in Dubai, Sharjah and Ajman Undoubtedly, CCTV cameras are one of the most effective surveillance solutions for home and workplaces in Dubai. From optimizing the security of a place to helping monitor visitor and employee movement, there are enough advantages of adopting this technology.In order to equip your place – be it residential or corporate like malls, retail outlets and offices – you need to hire the best service provider for CCTV camera installation. We are one of the top CCTV camera companies in Dubai, Sharjah and Ajman. CCTV Solutions is equipped with advanced know-how for delivering excellent CCTV installation services.CCTV camera in Dubai, Sharjah and Ajman are primarily focused on the installation of the right equipment to cover your outdoor and indoor areas.

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CCTV Camera Solutions offer one-stop CCTV camera solutions and installation services to its clients in Dubai and the rest of UAE that range from:Understanding the client’s exact security and logistic related requirementsOffering the implementation of the right CCTV equipment as we are Dubai’s foremost CCTV suppliers and solution companiesOffering high-end premium services related to CCTV camera installation in Dubai, Sharjah and Ajman.Undertaking annual maintenance services related work of CCTVs and surveillance systems in Dubai, Sharjah and Ajman.What are our key strengths that differentiate us from other CCTV installation companies in Dubai, Sharjah and AjmanOur extensive knowledge and know-how about CCTV camera installation services.Presence of trained and qualified technicians and engineers.We are based in Dubai and offer comprehensive services in Dubai, Sharjah and Ajman.

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We supply and sell CCTV solutions from the world’s leading manufacturers and suppliers in Dubai.Our product range are compliant and adherent with international laws.We use advanced technology and technical aids for CCTV installation in Dubai, Sharjah and Ajman.Over the last few years, there has been phenomenal change in the way CCTV cameras are being made and installed the world over. There are apt solutions for every kind of budget. It is essential to work with the right service provider for CCTV camera installation in Dubai, Sharjah and Ajman. Else, it could get quite challenging to choose the right equipment and technology.The advantage of hiring CCTV Solutions as your vendor for CCTV services in Dubai is that we provide you with flexible and customized security and surveillance installation solutions and services in Dubai that help you in safeguarding your property and assets in the most optimal manner.Our first and foremost job is to understand your specific requirements for CCTV camera installation in Dubai.

For this, we work in close association with your security, front office and HR team to get a clear synopsis about the gaps in the existing system. Once we have a deeper understanding of the issue, we give our recommendations for the most appropriate surveillance equipment and CCTV services in Dubai, Sharjah and Ajman.With CCTV Camera as your surveillance partner and services provider in Dubai, Sharjah and Ajman you can be assured of receiving cost-effective installation services. We are Dubai’s one of the most competent CCTV installation companies equipped with the latest CCTV equipment and devices. We are one of the most committed companies in Dubai offering optimized security solutions and services to our clients.

Website: https://www.creative-ae.com/services-sub.php?link=security-cctv-camera-dubai

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Contact: +97167315119

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shanky316-blog · 4 years

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All the Enticing and Interesting Details You Need to Know About Customized Made to Measure exhibition carpets Dubai Supply and Installation in Dubai and Abu Dhabi

Easy To Introduce Exhibition Carpets

It is observed that the market demand for exhibition carpet Abu Dhabi is increasing day by day because there are many advantages of Exhibition Carpets In Dubai. It is considered that the benefits of these carpets are not limited.

If someone is really interested in buying a carpet exhibition in Abu Dhabi, he should pay a visit to some shops in Abu Dhabi. That is why Exhibition Carpets In Abu Dhabi they introduce their new products always keep in mind that the new product should have a better quality than the previous ones.

Less Expensive To Buy Exhibition Carpets

carpet exhibition in Dubai is available in two forms. The first form is thick and the thin shape. preferably a thick carpet in winter and thin carpet preferably in the summer. The carpet can be defined as the installation of textile Exhibition Carpets In Dubai to cover the floor. Carpets can consist of a pile with the support of the base. No one can deny the importance of carpets in our lives because of the carpet to serve mankind in a marvelous way. In the past people did not realize the use of carpeting.

People of Dubai and Abu Dhabi are working day and night to introduce the trend of the use of the carpet. In this modern era of time, people are very busy. People of the modern era wanted to get the installation of products that will require low maintenance.

Smart Tips To Buy Exhibition Carpets

i. Exhibition carpet can be defined as textile products are temporarily installed for the event. This carpet ays available in rolls or in the form of tiles.

ii. There is a trend in the use of carpet exhibition in Dubai. Tailored made to measure their carpet exhibition carpet is manufactured in accordance with the wishes of customers for the purpose of installation on an event.

iii. The market demand for carpet exhibition in Abu Dhabi so high. There are many dealers in Abu Dhabi which provide the carpet with the best quality.

Conclusion

The dealer is famous around the world because hey will never compromise on product quality. Carpets were delivered by these dealers is indicative of the hard work done during the process of making the carpet. They worked day and Exhibition Carpets Abu Dhabi in order to introduce new forms and new carpet. These dealers have never compromised on the quality of the product.

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Read more: https://bestcarpetindubai.blogspot.com/2019/11/where-to-find-attractive-customized.html

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amar1996shaikh-blog · 5 years

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Event management company in Dubai

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dailykhaleej · 4 years

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Signage companies in Dubai, Ai Ain, signage professionals in Dubai, Abu Dhabi, Signage companies in UAE, Sharjah, Signage consultant UAE- Abu Dhabi, Sign Makers in Dubai, Ajman

Job title: Signage companies in Dubai, Ai Ain, signage professionals in Dubai, Abu Dhabi, Signage companies in UAE, Sharjah, Signage consultant UAE- Abu Dhabi, Sign Makers in Dubai, Ajman Firm: Job description: Amzanneon is likely one of the prime , UAE. We’re a group of expert professionals who concentrate on offering the… are additionally accessible in customized sizes. are a good way to guard your automobiles. So purchase stunning automobile graphics from us. Wall graphics… Anticipated wage: Location: United Arab Emirates Job date: Solar, 15 Mar 2020 23:43:15 GMT Apply for the job now!

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s4g2 · 6 years

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Know the Traits of the Best Digital Marketing Agency

Selecting a digital marketing firm to help your company achieve it short and long-term business goals should be a simple decision. But, it is not thanks to the vast number of agencies claiming to the best digital marketing agency for your business. Needless to say, all the agencies cannot be great and you have to carefully weed through to find the perfect firm for your company. To make things easy for you, given below are some of the traits or qualities of great Internet marketing companies that you need to watch out for.

Digital Experience and Expertise

For an online marketing agency to really be the best, it must have expertise across various digital marketing channels. This is because Internet users are spending their time browsing, accessing content and researching ideas on not just one, but multiple platforms. Moreover, the advent of smartphones has made it mandatory for Internet marketing firms to be proficient in advertising business on both desktop and mobile devices. So, it is recommended that you select a company with a proven track record of generating leads and enhancing sales in the web space. Additionally, the company should be an expert in providing services like, email marketing campaigns, website design and development, social media marketing, PPC ads, content writing, SEO, online reputation management, link building and so on.

Focus on Ongoing Learning

The world of digital marketing is relatively new and massive changes are taking place every single day, such as search engine rolling out updated algorithms, social media platforms implementing new technologies and so on. Even the industry of AI, VR, and AR are massively influencing the way products and services are promoted online. The bottom line is, the same old strategies will not work year after year. To stand out from the rest, it is important to constantly embrace new trends and employ them for higher rankings and more website traffic. The best digital marketing agency will significantly invest time and effort in mastering new technologies, platforms, theories and more.

In-house Team of Passionate and Dynamic Professionals

A digital marketing agency of choice is one that is capable of handling all online marketing needs in-house. It should have a team of certified, talented and passionate individuals who are dedicated to helping clients like you flourish and thrive in the competitive online space. The professionals must be readily available to clear any doubts that you might face during your association with them.

Emphasis on User-experience

Irrespective of what strategy the agency is implementing to promote your business, the emphasis must always be on user-experience. Since the Internet users are extremely impatient and quick to judge, they are a tough crowd to please. Whether it is designing your website, writing blogs or creating social media campaigns, a focus on user-experience must shine through. At the end of the day, all kinds of online marketing efforts are for the purpose of impressing the end-users.

Data-driven Approach

Successful marketing campaigns are based on data, analytics and measurements. A good agency will always start by conducting a technical audit before coming up with a strategy. Even after the implementation of the tactics, the agency will track and measure the success rate of the techniques. If need be, they may even tweak the campaigns for acquiring better results. Such agencies will not hesitate to share their findings and data in the form of monthly reports with you.

The choice of a digital marketing agency is more important than what you think. A good collaboration will result in your business becoming a force to reckon with in your niche. On the other, partnering with an unreliable company will result in the drain of your financial resources and loss of precious time. So, make sure to research and check out the above-mentioned qualities before taking a decision.

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tektronixtechnology · 7 months

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furiousstarfishphilosopher · 1 year

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Artificial Intelligence Solutions :

Artificialintelligence (AI) solutions are computer-based systems that use advanced algorithms and machine learning techniques to perform tasks that typically require human-like intelligence. Here are some examples of AI solutions.

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tinydreamerphilosopher · 2 years

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iot companies in uae , Smart IoT uae , Smart IoT dubai , Smart IoT abu dhabi , iot dubai , iot dubai abu dhabi , iot technology uae , iot tracking device iot company abu dhabi . iot company uae , iot companies saudi arabia

Tektronix, technologies brings its highly informed expertise in IoT (Internet of Things) and Artificial Intelligence (Ai) to the world. Tektronix technologies has engineered the best in its class IoT solutions and Ai solutions. Tektronix technologies can boast about being one of the best IoT Solutions and Ai solutions provider in Dubai, Abu Dhabi and All over the UAE IoT Companies Dubai , IoT Companies Abu Dhabi

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kenresearch1 · 10 months

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UAE Debt Collection Market is in the Growing Stage, Driven by Changing IT Policies and Documentation and Rise in Awareness Due to the COVID-19 Pandemic among the Population: Ken Research

Buy Now

The Collection Industry in UAE peaked right before and during the pandemic. Increased amount of lending along with rising defaults presents great opportunities for debt collection.

Covid Led Growth: COVID-19 pandemic bough certain challenges for debt collection agencies in terms of worsening the financial situation of debtors leading them to refuse paying their debts. However, it made the public more aware about the existence of debt collection services which motivated them to fulfil their debt obligations. Pandemic also increased the number of default accounts bringing more business for collection agencies and inducing growth.

Rise in Digital Collections: Debt Collection companies used to rely on phone-calls to make recoveries which led to terrible customer experience and wastage of time. Digital collections are being extensively used which leverages analytics to make the process more efficient and act as catalysts for the industry.

Interested to Know More about this Report, Request for a sample report

Growing focus on Regulatory Compliance: Debt Collection companies have started to place more focus on complying with all regulations for a better customer service. They are maintaining proper documents, getting cheques as proof for future payment and amending the penalty terms.

Changes in UAE Legal System: The new legal system at UAE makes it possible to recover debts via court in merely within 7 days if all the documents are readily available. The new Bankruptcy law also provided safety for debtors and changed the shape of debt collection industry.

Analysts at Ken Research in their latest publication- “UAE Debt Collection Market Outlook to 2027- Characterized by fierce competition and high growth prospects” by Ken Research provides a comprehensive analysis of the potential of the debt collection market in UAE. Rise in digital collection techniques and increasing use of AI and ML for recovery predictions are expected to contribute to the market growth over the forecast period.

UAE debt collection market is expected to grow at a robust CAGR over the forecasted period 2022-2027.

Key Segments Covered

Segmentation by Segment

Non-Finance

Finance

Insurance

Segmentation by Type of Firm

Debt Collection Agency

Law Firm

Segmentation by Age of Firm:

0 to 10 yrs

10 to 20 yrs

20 to 30 yrs

Segmentation by Geographical Presence

Abu Dhabi

Dubai

Fujairah

Sharjah

Ajman

Umm Al-Quwain

Ras Al-Khaimah

Sub-segmentation of insurance segment & financing segment

Sub-segmentation of insurance segment:

Motor & Transportation

Property/Fire

Liability & Others

Sub-segmentation of financing segment:

Real State

Personal

Financial institution

Services

Manufacturing

Trade

Others

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Key Target Audience

Existing Debt Collection Companies

Law Firms

Financing Companies

Non-Financing Companies

Insurance Companies

Debt Collection & Management software providers

Government Agencies

Finance Consultants

Others

Time Period Captured in the Report:

Historical Period: 2017-2022

Base Year: 2022

Forecast Period: 2022–2027

Companies Covered:

SUPPLY SIDE:

Debt Collection Companies

Tahseel

CMS

Aman Debt Collection

First Solution

Credit Recovery

AW Holding

Bilkish

Derby Group of Companies

Alpha Debt Collection

Fort Equity

Quick Action

ATDC

com

ALQADA

Law firms/Debt Collection

Taswiyeh

ASKTHELAW

HHS LAWYERS

DUBAI DEBT RECOVERY

STA

AE

AL ROWAAD

AL SAFAR

BIN EID

Regulatory Bodies and Judiciary

Central Bank of the UAE

Judicial Department

DEMAND SIDE:

Insurance companies

Etihad Credit Insuranc

Atradiuse

CIGNA

COFACE

PACIFIC PRIME

MetLIFE

ACE

Emirates RE

Financing companies

Emirates NBD

ADCB

DUBAI FIRST

Mashreq

Commercial Bank of Dubai

Dubai Islamic Bank

HSBC

RAKBANK

ADIB

FAB

CITYBANK

Non-Finance companies

Etisalat

Emircom

Etihad Water and Electricity

Abu Dhabi Distribution Companies

Emaar

Nakheel

Lufthansa

Choithrams

Asian Paints

Majid UL Futaim

Naseej

Key Topics Covered in the Report

Global Debt Collection Market Overview

Ecosystem of UAE Debt Collection Market – Demand and Supply Side

Value Chain Analysis – Amicable Settlement and Litigation Settlement

Market Size and Segmentation of Debt Collection Industry in UAE, 2017-2022

UAE Debt Collection Market Industry Analysis

Software used in UAE Debt Collection Market

Market Shares of Major Debt Collection Companies in UAE on the basis of Debt Collected, 2022

Competitive Analysis

Future Outlook and Projections, 2022-2027

For More Insights On Market Intelligence, Refer to the Link Below: –

UAE Debt Collection Market Outlook to 2027

Related Reports by Ken Research

KSA Debt Collection Market Outlook to FY'2026

#UAE Debt Collection Industry #Market Ecosystem #Market Issues #Developments

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dailycryptonews-blog · 6 years

Text

Crypto News - Meet DEEP AERO – the Blockchain-Oriented Company Providing Drone Technology

Meet DEEP AERO – the Blockchain-Oriented Company Providing Drone Technology DEEP AERO is releasing DRONE tokens during its initial coin offering (ICO) that started on May 1, 2018. As a potential investor, you would probably be interested to know more about the company’s vision and values. In th... You May Likes reading: Also Read: How to Buy Bitcoin With USD Dollar

Meet DEEP AERO – the Blockchain-Oriented Company Providing Drone Technology

DEEP AERO is releasing DRONE tokens during its initial coin offering (ICO) that started on May 1, 2018. As a potential investor, you would probably be interested to know more about the company’s vision and values. In the following lines, you’ll get relevant insights about the people behind DEEP AERO and the company’s initiatives, which will help you rely your investment decision on strong fundamentals.

DEEP AERO is a company focused on drone technology innovations. It is leveraging artificial intelligence (AI) and blockchain technologies to create game-changing solutions for the drone economy. The company is headquartered in Ajman, United Arab Emirates (UAE), and has offices in Southeast Asia.

At the moment, DEEP AERO is trialing prototype technologies such as dynamic geofencing, airspace design, congestion management, route planning, re-routing, terrain avoidance, separation management, sequencing and spacing, and contingency management among others. The company is implementing the technology in every possible area where drones can provide transformative solutions. With a little creativity, one can note that the drone technology can be adopted by any market sector, such as transport, agriculture, healthcare, insurance, and education among others. Nevertheless, DEEP AERO is particularly interested in transforming the cities’ transportation systems by creating aviation and cargo delivery systems.

DEEP AERO Team

The UAE-based company is backed by a talented team that has the ambition to accelerate the drone technology adoption.

The company’s executive team is organized as follows:

Chief Executive Officer– Gurmeet Singh Gurmeet has a Bachelor’s degree in Business Administration and Management from Delhi University. He is an early adopter of the drone technology and is confident that it can offer great benefits for consumers, industry and law enforcement.

Chief Financial Officer– Mayank Jain Mayank has a Bachelor’s degree in Commerce from Delhi University and a degree in Accounting and Finance from the prestigious Institute of Chartered Accountants of India (ICAI).

Vice President– Harsh Sharma Harsh has a Bachelor’s degree in Applied Science from the Kirori Mal College and a Master’s degree in Business Administration from the European Management Institute. He is also the founder and Director of New Delhi-based ZAP Realtors Pvt Ltd.

DEEP AERO can boast with a skilled technology team:

Principal Technical Architect– Kamaldeep Dhanju

Chief Blockchain Architect– Thomas McLaughlin

Technical Manager– Rushdeep Singh

Blockchain Expert– Navin Kapoor

Technology Consultant– Prabhjeev Narang

Blockchain Consultant– Kamlesh Nagware

Blockchain Engineer– Karthikeyan Thangavel

Blockchain Engineer– Sameep Singhania

Blockchain Researcher– Rajasekhar Guttapalli

Automation Testing Expert– Jagpreet Singh

As you can note from the company’s positions, the team is keen to explore the blockchain technology in the context of drone economy.

Blockchain, also called distributed ledger technology (DLT), is a revolutionary technology that revolves around a ledger that is replicated in multiple versions distributed among many servers. Whenever a new update is made in the system, such as a transaction, all the ledger replications validate it based on consensus. The fact that the ledger is stored in multiple servers makes it resistant to hacks. Blockchain ensures transparency, security, and low costs, given that it reduces the need for intermediaries.

The DEEP AERO team is also guided by an experienced group of advisors.

DEEP AERO Products

Despite it being a young company, DEEP AERO has already made a name and came out with several innovative products. Currently, the firm is working to launch three main products:

Passenger & Cargo Drones, which are vertical take-off and landing (VTOL) aircrafts transporting people and goods. If you’re new to this, VTOL refers to any aircraft that has the ability to hover, take-off and land vertically. Here is how a passenger drone looks like:

https://www.deepaero.com/docs/DEEP-AERO-White-paper.pdf

DRONE-UTM, which is a blockchain-based drone traffic management platform that is decentralized, intelligent, self-aware, and autonomous.

DRONE-MP, which is a marketplace for drone-related products and services.

The DRONE-UTM, which derives from unmanned traffic management, is a platform that was presented quite recently.

Commenting on the new system, CEO Gurmeet Singh reportedly said: “The use of unmanned aerial vehicles is increasing exponentially. We’re heading towards a future in which millions of drones will fly billions of flights.”

“At some point in the not-too-distant future, fleets of commercial drones are expected to swarm across the skies. Current airspace management and air traffic flow management systems don’t have the capabilities to handle the type of operations relevant to drones. In addition, the anticipated traffic density of drones is far beyond the capabilities of current air traffic management systems,” he added.

DEEP AERO Projects

The company is currently working on the UTM and MarketPlace development, sticking to its roadmap. To create a community and raise funds, DEEP AERO is also conducting an ICO event, releasing its DRONE tokens, which are priced at around 5 US cents.

The pre-sale period started on March 30 and was live until April 15, while the public sale started on May 1 and is arranged in three phases, with different bonus sizes depending on the period. Currently, investors can enjoy the most generous bonuses during Phase 1, which ends on May 15. During this stage, you can get:

25% bonus for investing 100 ETH or more;

20% bonus for investing10-100 ETH;

15% bonus for investing less than 10 ETH.

DEEP AERO aims to launch its MarketPlace product in September 2018. Next year in April, it wants to launch its UTM Beta Version Platform, with the full version being launched by October 2019. In July of the next year, the company hopes to start operating with cargo drones, while in January 2020, it should launch the passenger drone operations.

To support its growth, DEEP AERO partnered with VLK Aerospace, a legal and consultancy firm that provides manned and unmanned aviation-related solutions, and ethoss, a Leipzig-based international service agency.

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Pexels

The post Meet DEEP AERO – the Blockchain-Oriented Company Providing Drone Technology appeared first on Global Coin Report.

source: https://globalcoinreport.com/meet-deep-aero-blockchain-oriented-company-providing-drone-technology/

Post source: Meet DEEP AERO – the Blockchain-Oriented Company Providing Drone Technology

Source #bitcoin #news #cryptonews #cryptocurrency #dailybitcoinnew #todaynews

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iota-news · 6 years

Link

This year marks blockchain´s 10th birthday, after Satoshi Nakamoto created it with the purpose of using it for the first cryptocurrency ever, Bitcoin, and Dubai has become a leader in the field.

“Dubai is a pioneer in the blockchain space, says Mohamed Rashid, the co-founder and chief technical officer at WaveX, a peer-to-peer crowdfunding and energy trading market place.

Blockchain technology consists of a decentralised, distributed public digital ledger to record transactions, verified by miners to avoid duplications. Since its creation, blockchain has ushered in a new raft of applications.

Mr Rashid also works full-time as an implementation consultant for blockchain projects at Avanza Innovations in Dubai, which, according to the company, “builds future-proof tech that reshapes how organisations function, today and beyond”.

“In Avanza Innovations we are building a blockchain agnostic adaptor called Cipher that has the capability to communicate with any underlying blockchain technologies,” he says. “Cipher is currently being used in a Dubai Pay reconciliation and settlement project done by Avanza. Moreover, at WaveX, we are trying to democratise the electricity industry by giving people investment opportunities in utility industry and the ability to sell any excess electricity.

“We are currently in the live testing phase with the help Ajman University’s Innovation Center, and will be out of the testing phase soon,” he says.

Mr Rashid says the fundamental goal of blockchain is, in his opinion, “to bring power to the masses, and it is slowly achieving that goal”.

Blockchain is today present in many sectors; from securing property rights in the real estate lifecycle, in tracking shipments in the transport industry, in the healthcare sector to create a common database of health information that doctors and providers can access, in fintech through solutions for borrowing money or buying cryptocurrencies, in digital commerce for more secure shopping, in smart cities, to digital personal identification, verifying the academic data of overseas students and of labourers hired to work from abroad, and in the energy sector through smart solutions enabling resources to be used more efficiently.

Mr Rashid says he was introduced to blockchain development in late 2016 during the Blockchain Hackathon organised by World Government Summit. “I was [working] in sustainability for some time, and I wanted to bring the power of blockchain to help the environment and create a new economy powered by people,” Mr Rashid says.

Nevertheless, he sees power requirements, speed of transactions and fees as among the limitations of the technology at present: “High energy consumption for proof of work [PoW] based algorithms, and high transaction confirmation times are some of the big challenges.” PoW is an economic measure to deter denial of service attacks and other service abuses such as spam on a network by requiring some work from the service requester, usually meaning processing time by a computer.

“Moreover, increasing transaction fees is also another hurdle, but the community is actively working on coming up with technologies to overcome these problems.”

Youssef El Allali, an artificial intelligence (AI) and blockchain developer at Dubai-based ArabianChain Technology, concurs. His says he first came into contact with blockchain via bitcoin five years ago: “I was really fascinated by this new trust protocol that allows anyone to make transactions anonymously and with very acceptable fees. But, he says, “With time, problems started to pop up. First, mining becomes centralised and only people with asic-mining devices were able to profit from it, transaction fees went high, and the number of unconfirmed transactions was skyrocking.”

New blockchains emerged trying to solve some of the bitcoin’s issues, he says, as others aimed to expand the use and application of the technology. “It lead to great innovation, new consensus algorithms, smart contracts, DApps [Decentralised Applications], and permissioned blockchains. Those blockchains had very interesting features but a very big limitation: scalability,” Mr El Allali points out. Blockchain tech for Bitcoin suffers from blockages. “Bitcoin makes seven transactions per second,” Mr El Allali says. Ethereum approves 13 transactions per second, Paypal makes 115, and Visa reaches to 4,000.

One new technology that appears to address the issue of scalability is Iota, a cryptocurrency but, unlike just about every other cryptocurrency, it’s not built on a blockchain. Aiming to design a distributed ledger that’s low-cost and scalable enough for the Internet of Things (IoT), the project’s developers started from scratch in 2016 and built a new sort of structure they call the “Tangle”.

Every time a node wants to transfer some value, it must validate two previous transactions. This validation requires a small amount of PoW in order to secure the network, meaning that transactions are not strictly free. But, since there is no distinct group of miners who must be compensated, there are no fees with Iota. Proponents argue that this no-fee structure enables the kind of microtransactions that would be impossible with Bitcoin.

Sceptics point out that while the Iota Foundation has built a working Tangle – the only one – there is a gulf between the ideal of the Tangle and the reality of Iota. The developers face a number of challenges in getting their technology ready for the IoT, and some of their decisions have attracted strong criticism.

Iota is a public distributed ledger that stores transactions in a directed acyclic graph (Dag) structure, and removes the cost of the energy inefficient mining process required by many Bitcoin-based cryptocurrencies and it grows via transactors, not miners, thus avoiding centralisation.

Its makers are aiming for it to be the backbone of the emerging machine-to-machine (m2m) economy of the IoT, data integrity, micro-/nano payments, and other cases where a scalable decentralised system adds value.

“Iota’s network becomes faster with more transactions, which is the exact opposite in the case of blockchain,” Mr El Allali says. “Also, a node only needs a small part of the Dag to make transactions and you can make transactions without fees.” He adds that Iota networks can handle more than 500 transactions per second, and he expects Iota will expand as more people and entities take it up, making it a better solution for m2m and micro transactions.

As a way to compare the two technologies, blockchain works like a restaurant where customers are served by a finite number of waiters while Tangle offers a buffet where everyone is served at the same time, so increasing the number of machines running Iota will speed up the network. Transactions can be validated from any device: phone, car, even smart fridge.

Iota’s proposed application, IoT, could benefit enormously from a network able to complete high volumes of minute transactions, according to a report by Nasdaq.com. Making that network trustless and distributed, as Iota aims to do, could open up new economic possibilities. A smart device could “pay its assembly, its maintenance, its energy and also for its liability insurance by giving data, computing power, storage or physical services to other machines”, Carsten Stöcker and Kerstin Eichmann of innogy wrote in a post on Iota’s blog.

But Iota is likely to be an alternative to blockchain rather than erdicate it, as a lot of hardware will be necessary as more people and machines join the Tangle: “Iota, or Dag distributed systems in general, have great potential in the Internet of Things [world] and for micro transactions, but I don’t think it will replace blockchain,” says Mr El Allali.,

Iota and ‘Tangle’ set to put blockchain on the block was originally published on thenational.ae. The IOTA-News Community curates, examines, and summarizes news from external services while producing its own original material. Copyrights from external sources will be credited as they pertain to their corresponding owners. The purpose is to make use of 3rd party content or pictures as either allusion or promotional endorsement of mentioned sites. If you have a claim of copyright infringement with respect to material, please mail to support[at]iota-news.com. IOTA-News.com is a community run website and is NOT affiliated with the IOTA Foundation in any way.

The post IOTA & Tangle set to put blockchain on the block appeared first on IOTA News.

via IOTA News

#IFTTT #IOTA News

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