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Construction GineersNow 2021 (Covid-19 vaccines, Johnson & Johnson, AstraZenica, Pfizer, Moderna, Janssen, Bharat Biotech, Gamaleya, CanSino, Vector Institute, Sinopharm-Wuhan, Sinovac)

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JANUARY 2 0 2 1

N E W S

Cybercriminals

are Targeting

Manufacturing

Companies

Powder Coating Market

to Exceed USD 17 Bn

by 2025: Global Market

Insights, Inc.

Xinhua Silk Road:

Shaangu Group to

break new ground with

gold medal won

42 46 50

1


2


Pigments & Additives Division

Specialties Business

Road Construction

> Licomont ® BS 100 and Licomont ® BS 100 G

for bitumen modification in road construction

Exactly your chemistry.

> Licocene ® PP MA 7452 GR TP and Licocene ® PP 7502 GR TP

for thermoplastic road marking paints

1




E D I T O R ‘ S N O T E

Although the construction

industry appears to be looking

more robust in the face of

the COVID-19 threat than

the hospitality and travel

industries, it has not entirely

avoided the downfall of the

economy. Businesses and

organizations refuse to invest

in modernized and new

facilities with the economy at a

slowdown, resulting in ending

the industry’s decade-long

expansion last spring, and by

the looks of it, the construction

industry will not recover until

well into 2021.

While the economy did slow

down, if not shut down, in

mid-March in hopes of limiting

the spread of the virus, many

expected that after the initial

steep drop in economic

activity, there would be an

almost equal rise in recovery.

This expectation is due to the

fact that May and June payroll

reports revealed an additional

7.5 million net new jobs for the

economy after chopping off

22 million in March and April.

Almost 50 million individuals

also applied for unemployment

insurance benefits since

mid-March and five million

small businesses received

over $500 billion in loans

through the Payroll Protection

Program (PPP) of the Small

Business Administration.

Forecasters hoped that both

circumstances were enough to

boost the economy.

2021 Global

Construction Forecast

However, in mid-June, the economic growth stalled due to the

spike in COVID-19 cases across many states, pausing and

even reverting their reopening plans. Making matters worse,

such new slowdown and potential reversal of the economic

recovery come just when the supplemental federal employment

insurance payments and required expenditure of the PPP loans

are approaching expiration. With this, it is extremely doubtful

that the economy will support self-sustaining growth anytime

soon.

Still, economic conditions have constantly been instable since

the beginning of the pandemic, and it appears that this volatility

will continue for quite some time. There are upside risks and

downside risks, though, that can both improve and delay the

economic recovery.


* For any inquiries, please contact Mr. Rohan Suares

Address: LG Electronics Gulf, P.O Box 61445, Dubai, U.A.E, Tel. # +971 52 710 0999, Email: rohan.suares@lge.com


C O N T E N T S

8

Co Ban Kiat: Celebrating 100

Years of Providing World Class

Hardware Solutions

22

2021 Global Construction

Forecast

42

Cybercriminals are

Targeting Manufacturing

Companies

46

Powder Coating Market to

Exceed USD 17 Bn by 2025:

Global Market Insights, Inc.

50

Xinhua Silk Road: Shaangu

Group to break new ground

with gold medal won

54

A Smart Helmet to Detect

Covid-19 Infection

58

Air Dryers Vs. Paper Towels:

What’s the Difference?

66

The Covid-19 Survival of Engineering

Companies Lies in

Digitalization

70

The Future Of Engineering And

Its Impact On The Industry

74

Data and Digitization

Report UAE Market

82

Sharaf DG Energy challenges

warehouses and factories to

reduce emissions



FEATURE STORY

Co Ban Kiat: Celebrating 100 Years

of Providing World Class Hardware

Solutions

Co Ban Kiat Hardware Inc. has remained

steadfast in sharing its genius innovations

and technological solutions to multitudes of

people in need, effectively entrenching itself as one

of the largest purveyors of hardware, tools, small

appliances, and machinery in the Philippines. As

CBK Hardware nears its century-long existence,

it is worth noting that before prospering into the

hardware giant it is today, the brand began on a

humble journey. Like any trailblazing business in

any industry, the journey to a position of global

leadership is not without its peaks and valleys.

The Rich History of CBK Hardware

Co Ban Kiat Hardware Inc. was founded in 1920 in

the heart of Binondo, Manila’s own Chinatown, due

to the business acquisition efforts of the Cobankiat

family patriarch. After the Wholesale buy and

sell hardware business was fully acquired by the

family in 1924, the business prospered for another

15 years. From its peak performance, the brand

entered its first valley in the form of the devastating

World War II. Fortunately, the family and their

business bounced back in 1945 and re-established

their headquarters in Binondo 4 years later.

In 1952, CBK Hardware was incorporated and

from that day on an endless market expansion

effort was made. The business began dealing in and

distributing traditional hardware, a wide array of

appliances, and any tool that promoted ease of life.

Business prospered further and in 1990, Johnny

Cobankiat introduced the retail concept for

hardware products in the country which led to

the birth of Hardware Workshop stores inside

SM Supermalls. Johnny Cobankiat’s other notable

accomplishments include the inauguration of

Coby’s Design Center as a means to answer the

increasing demand of high-end architectural

hardware products and the accretion and

introduction of Ace Hardware USA in the country

on 1997, with CBK Hardware Inc. as one of its

suppliers.

In 2003, the company continued to be the leading

supplier in all major retail hardware stores such

as Wilcon Depot, All Home, D.I.Y Hardware, Citi

Hardware, and MC Home Depot, to name a few.

Mayapa Wood Products and Interior Solutions,

Chubbsafes, and Lincoln Electric have also recently

added to its growing world-class brand portfolio.

Needless to say, these procurements will not be

CBK Hardware’s last set of acquisitions.

CBK Hardware Inc. acquired Mayapa Wood

Products and Interior Solutions in 2013, joining

the ever-extending family and business network.

8


It is proud to be the most innovative

manufacturer of quality wood products and

interior solutions in the Philippines today.

In its vision to provide word-class hardware

solutions, CBK Hardware added global

brands including Chubbsafes and Lincoln

Electric. Truly, CBK chooses only the

best brand and quality products to serve.

Needless to say, these procurements will not

be CBK Hardware’s last set of acquisitions.

2015 marked the start of CBK’s corporate

social responsibility efforts. In their vision

to give back to the Filipino community

and engage in ethically-oriented practices,

Co Ban Kiat Hardware began undertaking

efforts of philanthropy, activism, and charity.

Supported by their employees and partners,

numerous non-government organizations

and foundations received monetary aid,

product donations, and services from the

company.

As of yet, CBK Hardware has gone nowhere

else but upward in its journey to supply the

country with world-class, life-improving

technological and hardware solutions.

And what are these world-class, lifeimproving

technological and hardware

solutions?

CBK Hardware Today: Projects

and Industries

These are the countless hardware and

home improvement products and services

CBK Hardware utilizes to realize market

leadership in every market segment. CBK

Hardware has dipped its toes in different

business units to cater to multiple industries,

such as building materials, hardware,

wholesale and retail, oil and gas, HVACR,

electrical, power generation, construction,

mining, machinery, equipment, utilities,

telecommunications, automotives, and

9



Saving

lives

every day

Part of Blue Ocean Robotics


FEATURE STORY

manufacturing, to name a few. Out

of all of these areas of expertise, the

retail, construction, industrial, and

ecommerce sectors are Co Ban Kiat

Hardware Inc.’s fortes.

For wholesale and retail business

segment, CBK Hardware supplies to

over 2000 partner wholesale and retail

stores nationwide, which includes

D.I.Y stores, roadshops, depots, and

much more for 68 brands and over

6,000 SKUs. For industrial, the brand

has both ensconced strong distribution

channels in innumerable business

sectors and boasts an expansive list of

automotive, hospitality, service, and

other industry clientele who all trust in

the brand to supply them with superb

improvement solutions. In the area of

construction, the brand has been one

of if not the most trusted partners of

hardware suppliers of distinguished

real estate developers and construction

companies nationwide. Lastly, CBK

Hardware Inc. has been looking to

the future in the area of ecommerce,

priding itself to be the first hardware

distributor to aggressively offer

products online through websites,

partner ecommerce platforms, and

social media accounts. Truly, CBK

Hardware Inc. has come a long way

and, fortunately for them, there is still

a long, long way to go.

12


Together in Excellence:

Brand Portfolio

CBK Hardware Inc.’s product portfolio

has lengthened and evolved over

the years since its establishment in

1920. Currently, the brand is one of

the country’s leading suppliers of the

top-of-the-line hardware and home

improvement materials to a long

list of brands. CBK Hardware Inc.

is constantly putting its nose on the

grindstone and burning the midnight

oil, invigorated by its vision to be

the largest network supplier of the

biggest brands in the world in the

hardware industry. Its employees are

the backbone of the company as they

endlessly source the best products to

supply its customers.

With 68 trusted global brands

of building materials, electrical,

houseware, power equipment, outdoor,

plumbing, hand and power tools,

CBK Hardware Inc. has been steadily

paving the way to a brighter future for

the Philippines and the world. They

have served over 1,500 industrial and

commercial organizations with over

6,000 hardware products to choose

from. They have satisfied over 1,600

roadshop customers, partnered with

over 600 home building specialty

stores nationwide. CBK Hardware

has distributed items that have aided

in erecting over 50 premium 5-star

hotels, residential condominiums, and

secure office buildings.

In their 100 years, CBK Hardware

Inc. has accumulated an extensive

list of global brands. They have been

distributing brands such as Baldwin,

Chubbsafes, DeWalt Power Tools,

Dormakaba, Facom, Fairbanks Scales,

13




FEATURE STORY

Lincoln Electric, Nilfisk Professional

Cleaning Equipment, Pelican, Proto,

Ridgid, Shop-Vac Vacuums, Stanley Hand

Tools, Toho, Viper Cleaning Equipment,

Westinghouse, Yale Locks, and more. These

brands are all being smoothly distributed

to customers who want to get more bang

for their buck when it comes to home and

facility improvement, safety and security,

D.I.Y projects, energy conservation,

cleaning and disinfection, and the like.

Supplied and shared out by CBK Hardware

Inc., these brands are truly together in

excellence.

Corporate Social Responsibility

Efforts

Business in the hardware industry is not

the only way the brand is helping the world

become a better place. CBK Hardware Inc.

is also partaking in multiple advocacies,

philanthropic endeavors, humanitarianism,

and charity work, because those in the

company are wholeheartedly committed to

contributing towards the growth of society

and the environment.

Hundreds if not thousands of people from

different walks of life have benefited from

CBK Hardware Inc.’s initiatives, from the

intensive CSR programs to the hardware

donations for the improvement of living

facilities. Stomachs have also been fed in

the conducted feeding programs.

The goodwill of CBK Hardware

Inc., was also gifted to the neglected

children and elders residing at different

charitable institutions. Another CSR

campaign entitled Pailaw ni Juanita was

also dedicated to Mrs. Juanita Co, the

company’s shining beacon of hope who

16


shared her blessings by giving out large

amounts of flashlights by teaming up with

different NGOs known for their advocacies

in livelihood, peace, order, and education.

Through a fruitful partnership with ABS-

CBN’s Mission Possible, CBK Hardware

Inc. has also provided state-of-the-art

hardware solutions to a near endless

quantity of customers as well as the

neediest. This showcase of livelihood was

able to transform the lives of 5 case studies

in little ways by donating quality power

and hand tools that have helped increase

income generation.

CBK Hardware is also an active supporter

of Brigada Eskwela, a school preparation

program for the upcoming academic

year by donating hardware materials and

engaging their employees in constructing,

painting, and cleaning the different areas of

each selected educational institution.

Environmental conservation is also an area

in which CBK Hardware Inc. volunteers.

Recently, those in the company have

implemented many clean-up drives such as

the one in the coastline of the Las Piñas-

Parañaque Critical Habitat and Ecotourism

Area (LPPCHEA) in partnership with

Haribon Foundation last August 11.

#WithCBKweCanHELP Donation Drive

has also been created In response to the

increasing number of individuals who are

in dire need of help due to the COVID-19

pandemic. This donation drive’s proceeds

have been donated to children and elderly

in chosen institutions. Other drives

include the 100 Donation Drive which is

a 10-month long CSR project that aims to

help 100 organizations.

17




To the Next 100 Years

With all of these financial and tool donation drives,

feeding programs, partnerships with humanitarian

organizations, and other forms of noble CSR efforts,

CBK Hardware Inc. is building the community and

fostering an environment of togetherness. While their

tools and appliances certainly do help in improving

the home situation, charity and philanthropic

endeavors such as these are what can improve the

overall life situation of both the givers and the

receivers.

As the company enters a new century, there will be

even more local and global brands to acquire and

form a partnership with, more ways to help out and

give back to the community that deserves the utmost

care, more homes and buildings to improve using

the many tools and appliances the brand has in its

disposal, and more individuals to help in any way.

In the same way the brand was ever-present in the last

century, so too will CBK Hardware Inc. be present,

proactive, and professional in the next. With endless

brands to befriend, CSR efforts to initiate, facilities

to improve and establish, and people to help, CBK

Hardware will always lend a helping hand.

Where to Buy?

For 100 years, Co Ban Kiat Hardware

Inc. is the most trusted distributor of

home improvement and hardware items

in the Philippines.

Let’s shop wisely. #StayAtHome and

order online at your convenience. Visit

us in the following sites and enjoy deals,

discounts, and more!

Website: https://www.cbkhardware.

com/

Facebook: https://www.facebook.com/

cbkhardware/

Instagram: http://www.instagram.com/

cbkhardware

Join our Fast Growing Viber

Community http://%20https//bit.

ly/3ebeCXU

Co Ban Kiat

Hardware, Inc.

Ground Floor, Cobankiat

Building II, 231 Juan Luna St. Binondo

Manila, Philippines.

Phone +632 8243-1931

Phone +632 8243-5263

Phone +632 8894-6561

Email info@cobankiat.com.ph ;

ind@cobankiat.com.ph

Coby's Designer

Center

Unit 467 level 4

Shangri-La Plaza Edsa

Corner Shaw Boulevard

Mandaluyong City, Philippines

Phone +632 86364895

20


About CBK

Hardware

For almost a hundred years, a

family’s surname has become

synonymous to the country’s

biggest hardware supply

company. Co Ban Kiat Hardware

Incorporated, of the Cobankiat

family has a regular client

network of more than 1,500

industrial organizations; 1,600

traditional community hardware

stores, and 584 home building

specialty chain of stores across

Luzon, Visayas and Mindanao.

This ever-growing conglomerate

traces its humble roots to

Manila Chinatown, as a pioneer

enterprise started by family’s

patriarch, Mr. Cobankiat in

1920. Despite the ruins of World

War II, the business goes back

to its feet in 1948, rebuilding a

storefront from the very same

spot where it was known for

three decades.

This ever-growing conglomerate

traces its humble roots to

Manila Chinatown, as a pioneer

enterprise started by family’s

patriarch, Mr. Cobankiat in

1920. Despite the ruins of World

War II, the business goes back

to its feet in 1948, rebuilding a

storefront from the very same

spot where it was known for

three decades.

While the Filipinos continue to rebuild their lives post war, CBK

Hardware sees the opportunity to introduce the retail concept once

unheard for in hardware industry. Cobankiat Hardware brought the

first DIY business in the Asia. A do it on yourself concept that created

Cobankiat hardware in the Philippines. The Hardware Workshop

Store is the fruit if this endeavor. CBK Hardware further cemented

its legendary distribution channel with the creation of Coby’ Design

Center in Edsa Shangi La in 1996, a specialty store that caters to

discriminating taste of modern Filipinos.

In 1997, Mr. Johnny Cobankiat, the 4th generation Cobankiat leader,

set another milestone for the company when he brings a franchise of

Ace Hardware USA to the Philippines, and signs up CBK Hardware

as one of its major suppliers. This further expanded into delivering

quality world class products nearer to families of Filipino overseas

workers in the countryside.

A century’s excellence can quickly pass, and guided by the vision to

be the largest network supplier of the biggest global brands in the

hardware industry, CBK Hardware resolve to source the best products

to supply its customers anytime and every time.

21


22

The construction industry seemed to be doing rather well amidst the

threat of COVID-19 compared to most other service sectors like

travel and hospitality that rely greatly on face-to-face interaction.

However, the industry wasn’t able to entirely avoid the economy-wide

drop. Because of the economy being in the slowdown, if not shutdown,

mode, businesses and organizations are discouraged to invest in new

and modernized facilities. This, in turn, ended the construction industry’s

decade-long expansion, and apparently, this sector will remain in the

downside throughout the year and well into 2021.


23




C O V E R

S T O R Y

The American Institute of Architects recently revealed in

its mid-year Consensus Construction Forecast update

that spending on non-residential facilities will drop by over

8% this year and another 5% next year. The commercial

building sector, including hotels, office, retail, and other

commercial structures, is expected to be the most affected,

with spending estimated to fall by almost 12% this year and

an additional 8% next year. Meanwhile, the industrial sector,

which includes the manufacturing production and its related

distribution facilities, is expected to witness a decline of

5% for 2020 and 3% for 2021. While institutional buildings

like education, health care, religious, and amusement and

recreation will emerge stronger than the non-residential side,

spending on such facilities will still fall by almost 5% this

year and 2% next year.

Upside Risks that can Improve the Economy

Although the current economic conditions have constantly

been in a state of flux since the dawn of the pandemic, there

is a set of upside risks that can improve the economy more

than that of what we expect.

Potential Additional Stimulus

Extending unemployment insurance and small business

loans under the Payroll Protection Program (PPP) will help

stabilize economic conditions and avert a further drop in the

economy. Furthermore, it would be beneficial to boosting the

economy if state and local governments could extend their

support and offer an infrastructure program.

Strengthening Housing Market

Growth in the housing sector can be attributed to growth in

residential building permits, increases in purchase mortgage

applications, gains in homebuilder confidence, and firming

in the existing homes sales market. As the housing sector

grows, so does the broader construction industry.

Possible Early Vaccine

While the COVID-19 vaccine’s availability is expected

around mid-2021, a vaccine in the early 2021 will

tremendously boost the economic expansion should current

research succeed to create one.

26


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COVID-19 vaccine’s availability

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a vaccine in the early 2021

will tremendously boost the

economic expansion should

current research succeed to

create one.

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34

There will be a significant

need for post-pandemic

designs in the majority of

existing buildings.


35




C O V E R

S T O R Y

Stronger International Growth

While the international economy is unlikely to do substantially better than

the US economy this year and next, the Chinese and Indian economy is

expected to grow and even outperform the US in the following years. Both

countries will offer export opportunities for many US companies.

Facility Retrofits

When the economy opens again, there will be a significant need for

post-pandemic designs in the majority of existing buildings. This will

automatically create a surge in building retrofits that will greatly benefit the

construction and design industries.

Downside Risks that will Delay the Economic Recovery

There are, however, still a set of downside risks that could further postpone

the rebound of the economy.

Resurgence of Pandemic Concerns

Although there are signs that the pandemic is starting to wane, infection

rates begin to rise again by mid-June, particularly in the states that had

previously performed well in the early threat of COVID-19. Because of this,

many of these states are starting to pause, if not entirely revert, their reopening

plans. This, in turn, will further delay the growth in economy.

38


New Business Models

Running a profitable business in an economic environment post-pandemic

can be discouraging even for those areas where businesses are reopening

successfully. After all, a restaurant or airline that is only allowed

to operate at most 50% of its capacity will evidently struggle to become

profitable, especially when such constraints are in place for a longer time.

Household and Business Financial Pressures

While most renters and homeowners are still capable of making their

monthly rent and mortgage payments, this will unlikely continue in the

absence of further government support. The longer the economy suffers,

more and more households and business will not have the financial ability

to weather this downturn.

Emerging Trade Tensions

There is a high possibility of governments enforcing tariffs to protect their

domestic industries as countries start vying for the shrinking opportunities

in trade. Unfortunately, this will likely become a trade war soon if not

averted.

- End -

39




NEWS

Cybercriminals are Targeting

(AI), 42 Robotics, the Internet of

Manufacturing Companies

The COVID-19 pandemic

has resulted in a massive

spike in cybercrime with

industrial and consumer

manufacturing companies

on the front line, and micro,

small and medium enterprises

particularly vulnerable to attacks,

Houlin Zhao, the Secretary

General of the International

Telecommunication Union (ITU),

warned.

Zhao’s remarks came in a

keynote address that preceded

a panel discussion around

the topic of ‘Cybersecurity:

Safeguarding the future of

manufacturing’, which included

representatives from GE, United

Airlines, Good Harbor Security,

and Dublin City University

(DCU).

“If we want to safeguard

the future of engineering,

construction, energy, HVAC

and manufacturing companies,

businesses of all sizes need to

rally around good cybersecurity

practices,” Zhao said. “We at the

ITU believe that, in addition to

regulations, voluntary standards

are an important tool to support

reliable and predictable

management of risk.”

COVID-19 has highlighted the

fundamental importance of

digital technologies and services

to economies and societies

everywhere. New technologies

such as 5G, Artificial Intelligence

Things (IoT), and many others,

have the power to transform the

industrial and manufacturing

landscape on an unprecedented

scale, Zhao said.

Zhao also categorically rejected

conspiracy theories that

COVID-19 is transmitted via 5G

networks, which he said would

be critical to the next wave

of manufacturing innovation

and acceleration towards the

achievement of the Sustainable

Development Goals (SDGs).

“Let me be clear, viruses

cannot travel on radio waves

and mobile networks,” he

said. “These claims have no

scientific basis whatsoever and

ITU condemns the attacks on

infrastructure vital to address

the pandemic and keep our

economies and societies

working,” he said.

Now is the time to invest in

cybersecurity

Emilian Papadopoulos,

President of Good Harbor

Security, stressed that the crisis

had hit companies hard and

imposed financial constraints

that meant investments

in cybersecurity are not

necessarily a top priority, even

though the risk of an attack

had risen exponentially during

the pandemic. However, he

said Chief Information Security

Officers (CISO) should make

a strong case for investment

despite the current climate.

“The attackers are still coming

at us. They didn’t stay at home

and stop working. And the

coronavirus has just taught

us that Black Swan events

happen. So now is not a time

to be constraining the purse

strings for the CISO, we need to

actually invest more in security

right now,” he said.

Deneen DeFiore, Vice President

and Chief Information Security

Officer (CISO) of United Airlines,

also warned companies against

compromising on cybersecurity,

saying that there was no

question that cybercriminals

were taking advantage of the

crisis and that industry data

showed threat activity had

increased by as much as


1,000%.

“It’s not the time to cut the

budget. It’s actually the time to

double down and make sure that

you are closing the gaps. That

doesn’t mean investing millions

of dollars, but there are lots of

things you can do to get back

to basics and shore up those

vulnerabilities and heighten your

posture a little bit,” she said.

Towards global standards

Justin John, Executive

Technology Director of GE,

stressed the importance of

strengthening standards

governing cybersecurity and

fourth industrial revolution

technologies so that more

companies complied with them.

“There’s a number of standards

that are out there, but they

lack regulatory teeth. They lay

out a really good plan of how

you should comply, but there’s

nothing that’s enforceable about

them,” he said.

Ray Walshe, Dublin City

University (DCU) and

Technology Standards Leader

– EC, WEF, UN, agreed on

the importance of developing

international standards due

to the proliferation of new

technologies coupled with the

complexity of global supply

chains.

“The whole ecosystem that we’re

living in has changed. Emerging

technologies are highly

embedded in the industrial

and consumer manufacturing

companies now,” he said.

“Standards give you that

interoperability when you have

people who are geographically

dispersed and you’re trading

across international boundaries.

Standards are the glue that

holds all these ecosystems

together, so I can’t emphasise

enough how important that

standardisation process is.”

DeFiore cited the aviation

industry as an example of a

sector where global standards

had been successfully

introduced and said this could

be applied across others

industries.

“You’re only as secure as

the entire ecosystem and in

aerospace and defence that’s

huge,” she said. “Our assets

are big, they’re mobile and they

cross international boundaries.

So, for us, cybersecurity

is paramount, as is having

standards that are enforceable

and normalised across the

standards bodies, as well

as regulators, and are easily

implemented by operators.

That’s something that we’re

working on in the aviation

industry but should be applied

across many other industries as

well.”

Multi-stakeholder

collaboration is vital

John stressed the importance of

multi-stakeholder collaboration

to combat the threat posed by

cybercriminals. He cited a US

example of a cybersecurity

partnership between

government, academia, national

labs, and industry that had

helped stay a step ahead of fastmoving

hackers.

He said national labs and

academia are constantly

conducting groundbreaking

research into AI machine

learning techniques in

cybersecurity. Industries then

deploy the technology in the

market while governments can

shed light on the attacks that are

taking place at a national level.

“You combine all these together

and you can keep pace with

what the hackers are doing.

And the goal of the government

is to get that technology to the

customers because they want to

raise the level of cybersecurity

across the globe. It’s really a

win-win for everyone on the

defence side of cybersecurity.”

Walshe said collaboration was

key for standardisation and

that it should happen on an

international level in order to

facilitate global trade. He said a

joint technical committee of the

International Organization for

Standardization (ISO) and the

International Electrotechnical

Commission (IEC) is developing

standards for cybersecurity

which would be adopted by the

European Union.

“As soon as that happens,

then all national bodies who

are members of the EU will

adopt that as a national

standard, which is then used

as a mechanism for regulation,

certification, and legislating for

cybersecurity issues. So, the

best way to do it, which allows

for international trade, is through

international standardisation,” he

said.

Papadopoulos said the most

effective role for government is

to focus on managing systemic

risk by looking at critical nodes

across digital supply chains

to identify vulnerabilities in

infrastructure that many small

companies and entire industries

depend on.

“Government has a role to look

at that systemic risk and say it’s

not any one company’s job to

fix that,” he said. “But if it goes

wrong the nation suffers, the

international community suffers,

and therefore it is government’s

role to go and look at those

problems.”

43


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Powder Coating Market to Exceed

USD 17 Bn by 2025: Global Market

Insights, Inc.

Latin America powder coatings market demand

is projected to cross 250 kilo tons by 2025 on

account of strong growth in furniture industry in

Mexico, as numerous companies have shifted

certain segments of their production operations

in the country.

Global powder coating market is poised to

witness significant growth from 2019 to 2025

owing to environment-friendly properties,

cost effectiveness, high quality, swift

paint applicability, and easy usability over

conventional paints. These coats are solventfree

and have minimal volatile compounds

emissions compared to liquid paints. It

provides a long-lasting and durable finish

for metal products & parts and also exhibits

superior gloss retention. Factors such as

high corrosion resistance, easy recycling and

reduced processing time will also influence

product demand

Various technical advantages over liquid

46

paintings coupled with low VOCs emissions will

support the powder coating market value over

the forecast timeframe. Ability to produce much

thicker coatings than conventional liquid form

without sagging or running will support the

application scope across various industries.

Faster curing time and wide range of specialty

effects have proliferated the product scope

across numerous applications including door

handles, rims, and under hood components in

light of superior finish and texture.

Thermoplastic resin powder coating market

demand is anticipated to witness CAGR

over 6.5% owing to key benefits including

better chemical resistance, thicker coating,

and low toxicity. It also offers a good amount

of resistance to disparity amongst the

environmental forces and does not require

any cross-linking or curing to achieve these

properties. Thermoplastic resins owing to

eco-friendly properties, easy recyclability and

low toxic nature finds application in several


industries including construction, automotive,

outdoor furniture, oil & gas, and aerospace &

defense.

Powder coats in the appliances are generally

used in refrigerator doors, shelves, washing

machines, dryers, freezers, water heaters,

vacuum cleaners, kitchen appliances,

microwave ovens, garbage disposals,

dishwashers, etc. Appliances require a durable

finish and dynamic colors to protect against the

damages owing to the everyday use.

The color of the appliance has now become

one of the most important factors that influence

the purchasing decisions among consumer.

As a result, appliances manufacturer to launch

products in stylish colors, finishes, and texture

combinations. Decorative color and coating

styles incorporated ensures low abrasion,

better chipping and high chemical resistance.

Strong demand for metallic substrate coats to

protect steel, copper and aluminum surfaces

form corrosion due to chemicals and moisture

fueling powder coating market revenue. Easy

applicability on metallic substrate compared

to the non-metallic substrate will also support

product application scope. The metallic

surfaces can be electrically grounded and

coated via an Electrostatic Spray Deposition

(ESD) process. This process enables uniformity

over the substrate material which makes the

products more appealing to the eye. Easy

availability of wide range of colors, thicknesses,

finishes, and textures is anticipated to fuel

product sales.

Latin America powder coatings market led

by Brazil and Mexico is projected to exceed

250 kilo tons by 2025. Mexico is expected

to witness strong growth in furniture industry,

as numerous companies have shifted certain

segments of their production operations in the

country. The country offers superior logistical

solutions while shipping products to target

markets such as U.S & Canada and suffer low

overhead cost as compared to other overseas

destinations.

Key powder coating market players include

BASF, Axalta Coating System, AkzoNobel

N.V., Asian Paints and Jotun. Manufacturers

are continuously focusing on enhancing their

visibility by uploading their catalogs on the

website and retailing their products through

online portals. Also, key manufacturers are

hiring industry specialists and investing in

capacity expansion to gain a competitive edge.

The manufacturers try to establish direct

partnerships with end users to ensure the

continuous retail of their products. They also

incorporate strategies, such as expanding

product portfolio and establishing long term

supply chain agreements, to enhance profit

margin and gain competitive edge in the

market.

47


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Xinhua Silk Road: Shaangu Group

to break new ground with gold

medal won

At the recent 2019 World

Manufacturing Convention, Shaanxi

Blower (Group) Co., Ltd. (Shaangu

Group) won gold prize of innovative

products in green energy saving for its blast

furnace power recovery turbine (BPRT),

which again proves the company’s technical

innovation power.

Back in 2016, the very technology won the

“Double Top Ten” awards of international

energy saving technologies sponsored by

the International Partnership for Energy

Efficiency Cooperation (IPEEC) and the Gold

Product Award at the Czech Brno International

Machinery Industry Expo.

50


According to Li Hongan, chairman of the group, BPRT’s innovative threemachine

coaxial technology has increased the power recovered by more than

8 percent compared to the blast furnace top gas pressure recovery turbine

units (TRT units), and the recovered power accounts for 50 percent of the

original drive power, raising the power generation per ton of iron to 50kWh/t,

which shows remarkable energy saving and environmental protection effects.

At present, the BPRT technology and products have been widely used in

metallurgy, coal chemical industry and other fields, and has been exported to

India, Indonesia, Vietnam, Malaysia and other countries.

Based in Xi’an, capital of Northwest China’s Shaanxi province, Shaangu Group

is a systematic solution provider and service provider specialized in distributed

energy. Its energy-saving and environmental-friendly products and systematic

solutions and services cover the fields of petroleum, chemical industry, air

separation, metallurgical industry, environmental protection, pharmaceutical,

power generation, etc. Six of its research achievements have won China’s

State Scientific and Technological Progress Award, and more than 200 science

and technology awards recognized by the Chinese government. By the end of

2018, the group has obtained 275 patents.

In recent years, the group has actively participated in Belt and Road

construction and paced up overseas expansion. It owns now 12 overseas

subsidiaries and service organizations including Shaangu Europe R&D Center,

in Germany, and Shaangu EKOL, in Czech Republic, and has established

overseas service networks in more than 40 countries and regions including

Russia, Indonesia, India, Turkey, the United States, Germany, Brazil, the

Republic of Korea, Spain, Thailand, and Vietnam.

The group’s TRT units have acquired a high market share in the Indian market,

and its large axial compressor units have served the needs of a leading

refining enterprise in Kazakhstan.

51


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N E W S

S T O R I E S

A Smart Helmet to Detect Covid-19

Infection

* World Security unveiled a new Smart Helmet

that is designed to make contactless detection

of people potentially infected with COVID-19

while ensuring the highest levels of safety and

security

* World Security is the first security services

provider in the UAE to adopt and use the

revolutionary headgear which is packed

with high-precision sensors, processors and

transmission systems

World Security, the innovative security solutions provider of DP World, UAE Region has unveiled

a new Smart Helmet that is designed to make contactless detection of people potentially infected

with COVID-19, and help ease the movement of traffic in areas where it operates, while ensuring

the highest levels of safety and security.

World Security is the first security services provider in the UAE to adopt and use the revolutionary

headgear, which is a product of decades of innovation and research and is positioned to be the

first choice for epidemic prevention activities. Made of advanced tough, yet lightweight materials,

it is packed with high-precision sensors,

processors and transmission systems.

The KC N901 Smart Helmet’s top five

powerful functions are: Efficient contactless

temperature recording, rapid screening for

both indoors and outdoors, rapid screening

of vehicles and passengers, and rapid face

recognition and identity verification, using

thermal imaging that enables the invisible

visible.

54


Mohammed Al Muallem, CEO and Managing Director, DP World, UAE

Region, said: “With the reopening of the economy, we have now entered

a new phase where monitoring public places for potential infection has

become imperative. By introducing this technology at a time when the fight

against the pandemic is in full swing, World Security has reaffirmed its

commitment to keeping the community secure. As the frontline economic

growth engine, DP World, UAE Region and its businesses are strictly

adhering to the COVID-19 containment programme requirements, and

we’re constantly working towards introducing such new and effective

measures to ensure business continuity.”

A key to the security requirements of DP World and many other crown jewel

economic assets in Dubai, World Security has been providing security

solutions for over two decades in the region. The global pandemic was

a never-before tackled, new challenge encountered by this established

company and required unprecedented solutions.

55


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N E W S

S T O R I E S

Air Dryers Vs. Paper Towels:

What’s the Difference?

Washing of hands is important especially

during the COVID-19 pandemic.

Proper handwashing not only reduces

the spread of Coronavirus (COVID-19), it can

prevent the spread of other viral illnesses such

as cold and flu.

According to Unicef, respiratory viruses like

coronavirus disease (COVID-19) spread when

mucus or droplets containing the virus get into

your body through your eyes, nose or throat.

Most often, this happens through your hands.

Hands are also one of the most common ways

that the virus spreads from one person to the

next. During a global pandemic, one of the

cheapest, easiest, and most important ways to

prevent the spread of a virus is to wash your

hands frequently with soap and water.

However, we do not address what happens

after handwashing.

Convenience rooms or toilets are primarily used

for every human’s egestion activities. Today, as

long as they are kept appropriately clean, they

are some of the favorite places in a building.

One area of priority in a toilet is the process of

hand drying after toilet use.

Hand drying is generally done by the use of

a paper towel or air dryers. However, there

is a persistent debate on which hand drying

method is best. This has given rise to queries

such as, “are hand dryers cleaner than paper

towels?” and vice versa.

Here, we examine the debate and what makes

the difference between these two methods of

hand drying.

58


Why Hand Hygiene Is Important

A lot of diseases and germs are transmittable by

hand contact. After the preventative measure of

hand washing, hand drying is next in order.

Hand drying is important because any left-over

bacteria on the hands after washing can be

removed. These are other considerations that

make hand drying an important act:

• Hand Washing May Be Done Wrongly: It is

common knowledge that washing the hands with

soap is the most effective hand hygiene habit.

However, there is no quality control system to

confirm proper handwashing in a toilet. Hand

drying is then the last resort to save most people.

• Germs Can Easily Be Passed Through Wet Skin:

Germs tend to remain on improperly washed

hands. The hand in a wet state can quickly transfer

just about any form of germ to other surfaces.

Germ survival is less likely on dry skin.

The use of air dryers and paper towels are the

main methods of hand drying. As mentioned, there

has been a constant comparison on which of the

two is the best.

Let’s examine them.

Hygiene

Paper towels are the clear winner in this

comparison. Paper towels are one-use. All you

need to do is wipe your hands with it and then

dump them in the bin. This accounts for effective

hand drying and less contamination within the

space of the toilet.

Jet air dryers blow fast air to the point that it

might cause germs to fly through the toilet space.

This puts other and future toilet users at risk of

contamination. Warm hand dryers, with the warm

environment they create, are believed to aid

bacteria growth.

59


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N E W S

S T O R I E S

Also, it might require more discipline to

use a hand dryer. Toilet users sometimes

have to wait for up to a minute for the

air dryer to dry their hands thoroughly.

If many people are waiting in line to

use the air dryer, some might forgo it

completely. This increases the likelihood

of having incompletely dried hands

when leaving the toilet, increasing

their risk of contracting and spreading

germs.

The Cost Difference

Both air dryers and paper towels serve

the fundamental purpose of maintaining

healthy habits. From a medical point

of view, cost shouldn’t be a factor of

consideration. Still, cost drives most

business decisions. So, it must be

considered.

A paper towel dispenser has a very

insignificant initial cost, but its running

cost racks up your expenses pretty

quickly. On the other hand, air dryers

are known for their higher initial cost of

purchase and significantly lower running

costs.

The running cost of paper towel

dispenser comes from the cost of

buying paper towels while that of an air

dryer comes from energy costs. You can

lower both operating costs by buying

less expensive paper towels and buying

more energy-efficient air dryers.

In this comparison, the air dryer wins.

This is because paper towels still cost

so much more over the years, and their

use is hardly controllable.

Environmental Friendliness

The carbon footprint of both hand drying methods

must also be weighed to know which one performs

better.

Paper towels can be examined based on the

material they are made of and how they are disposed

of after use. Paper towels are made of a new paper

from trees or recycled waste papers. Trees are used

to produce paper towels, which has a considerable

effect on the environment. Although paper towels

can be made with recycled paper, they end up in

landfills or are composted because they cannot be

recycled.

62


Notably, paper towels do not use

electricity. However, they have

a long chain of production and

disposal that negatively impacts

the environment.

Air dryers, on the other hand,

have a high environmental

impact when in use. About 20

to 80 grams of CO2 equivalents

are produced whenever they are

used. However, there are more

energy-efficient options, like jet

air dryers. Most of them come

with tags that detail their energy

efficiency.

Air dryers win in this comparison

rank.

Modern and Low Maintenance Option

Air dryers are a more advanced option compared to paper towels. They typically look trendy,

parched against the wall as though they are interior decoration items. This is one of the reasons

many organizations invest in them. Also, air dryers are a low maintenance option. They do not

require a trash can or ever get exhausted.

Paper towel trash cans need to be cleaned out and the dispenser refilled often. Using paper

towels might amount to an increase in toilet staff responsibilities.

Air dryers, on the other hand, afford easier toilet cleaning and less concern on how users will get

their hands cleaned.

Final Thoughts

The debate between air dryers and paper towels is most unlikely to end soon. This is partly

because it is a debate being used to fuel the marketing of either product. The priority in hand

drying is to ensure that maximum hand hygiene is achieved.

Paper towels are the winners when it comes to hand hygiene. However, air dryers trump paper

towels in terms of cost, environmental friendliness, and a more modern outlook.

Many businesses may opt for an air dryer without much consideration. However, it is a worthy

consideration that companies who want to maintain a very hygienic environment go for paper

towels. The prioritization of hygiene over costs can be an excellent way to boost company image.

63


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N E W S

S T O R I E S

The Covid-19 Survival of Engineering

Companies Lies in Digitalization

The impact of the

Coronavirus has been

a shock reverberating

across every aspect of our

lives and in every business.

In the engineering sector, the

current global pandemic is

forcing the hands of industrial,

construction, manufacturing,

energy, and HVAC to prepare

for a post-COVID-19 world.

As many countries are

beginning to relax, or look at

relaxing, measures imposed

as a result of the crisis,

engineering firms need to

be ready to rapidly evolve to

address a very different world

and a possible recession.

The future of engineering

and contracting services

is a moving target, and

institutions must streamline

their operations and be able

to cost-effectively bring the

66

right products to the right

customers.

It is important that engineering

and tech companies are able

to adapt in order to ensure a

smooth reopening of financial

markets and the economy,

whether that be digital or

physical.

Being agile won’t just

save us, it will sustain us

To succeed in a market that

keeps changing, you need

to be able to move quickly

and be agile, composing new

products and services faster.

Even with restrictions

relaxing in many countries,

the expectation is that many

employees will continue to

work from home and that

face-to-face interactions will

continue to be limited. The

value of enabling an agile

engineering workforce through

digitalization has increased

even more. Simply put, new

solutions are needed across

many industrial sectors, and

the push for digital remains a

top priority.

There are also millions unable

to work who are receiving

support from governments

backed by banks and financial

institutions by implementing

measures like payment

holidays and delayed interest

payments. This is where

the ability to be agile and

flexible, and work in a dynamic

environment is vital.

Investing in digitalization and

putting it at the center of the

engineering strategy provides

a competitive edge and

longevity. To build the best

experience, tech companies


need to start changing with the

market, instead of hoping the

market will stop changing.

Enter composable

banking for engineering

firms

Today, even the simplest

banking service involves a

complex orchestration of

core systems, transaction

processing, decisionmaking,

reporting, analytics,

authentication, security and

more. Monolithic platforms

make it harder to incorporate

the latest capabilities and

tools, and the opportunity for

financial institutions today is

to replace any component

whenever needed without

embracing new technical risk.

Composable banking is a

new approach to building

banks and lending businesses

that treats change as a

constant. It is about having the

control to use fit-for-purpose

technologies to compose

precisely the right design and

delivery of financial services

infrastructure.

With fintechs coming in and

attracting industrial customers

with digital offerings, it

becomes increasingly

important for the established

ones, like the big banks,

to work on retaining their

engineering customers by

digitising, and fast. To serve

an agile market, financial

institutions need to compose

new products and features

faster than everyone else to

predict demand and to better

serve existing customers like

renewables, contractors, oil

& gas, construction, water

treatment and telecoms.

Composable banking offers

innovative solutions for

organisations to create their

own architecture for new

products and services faster.

It helps financial institutions

create modern customer

experiences to compete in the

digital era — and constantly

evolve them to respond to

change.

Embracing the fintech

era for engineering

companies

COVID-19 has had a

transformative effect across

societies, economics

and offices. As market

dynamics keep on changing,

engineering, energy, industrial

and technology have a chance

to make a positive impact on

their customers.

There is one thing in common

for organisations, regardless

of how far they have come with

digitalization. The COVID-19

pandemic has made it clear

that you can no longer

manage your business the

same way as before.

In the long-term, companies

can choose to embrace the

new world based on rapid

evolution and modern ways

of working, or continue on the

old paths which will see them

unable to adapt when needed

most.

For many businesses,

adopting new and agile

ways of operating based on

composable banking will help

guide their path and prepare

them for the very different time

that lies ahead of us.

67


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N E W S

S T O R I E S

The Future Of Engineering And Its

Impact On The Industry

There is no doubt that Genetic Engineering,

which is the basis of modern Molecular

Biotechnology, will be the most interesting

scientific field of the next century. Because

the initial achievements to date promise a

lot. Although they evoke mixed feelings of

excitement, anxiety and confusion in the

world, as seen recently with the possible

modernization of human cloning or genetic

control of longevity, and many others.

The opportunities are only likely to grow

across all areas, especially the Asian and

Middle Eastern markets where new concepts

are forever evolving. In this instance, people

wanting to move into this line of work should

look at educating themselves in all areas

of advancements and give yourself the

opportunity to complete your goals.

Change is coming

Due to the advance of digitization, the range

of job profiles demanded by employers is

increasingly wide and jobs are constantly

appearing that until a few years ago were

unthinkable that they existed. This makes the

gap between job demand and the reality of the

labor market widening.

The engineering sector is particularly

affected for this reason, it is one of the

sectors that generates the most vacancies

and it is very difficult to fill them, according

to an analysis of trends in the labor market

carried out by the human resources company

Randstad. The market needs expert

professionals in all emerging branches of

engineering.

Any company must have a multidisciplinary

profile, with great versatility and analytical

capacity, strategic vision, proactivity and

adaptation to change, since they are

the characteristics most sought after by

companies. Especially after the COVID-19

crisis, it’s vital that companies are providing

adequate risk assessments for all workers - or

could humanity be replaced by more digital

aspects?

Some of the areas and profiles most in

demand in the short and medium term are:

70

• Electrical engineering: Due to the growth

of society, the need to meet various

requirements in the fields of engineering

related to the generation and use of energy,


Robotics in more areas?

the design of electromechanical elements and

the automation of systems is generated.

• Smart cities: The population is increasingly

concentrated in cities, which are experiencing

a rapid evolution towards aspects of intelligent

management of resources, efficient urban

planning, sustainable mobility and other

elements that make up a Smart City. This

panorama requires the specialized work of

engineers with knowledge in Open Data,

artificial intelligence and systems and

application development capable of creating

technologies for these objectives.

• Biomedicine and biotechnology: Although

engineers already had a presence in the

medical and health areas, it is one of the newer

professions at an academic level.

• Industrial organization: It is one of the least

technical profiles of engineering in the industrial

field, but it is one of the most demanded by

companies and, also, one of the most successful

among students despite being relatively new.

• Industrial design: Design is applied in all

aspects of society. Its objective, however, is not

only aesthetic, but also seeks to make all the

products it creates more useful, comfortable

and efficient. Design is a distinctive element in

the very competitive market in which we find

ourselves.

The main challenge of building robotics

continues to be the integration of robotics

from the controlled environment of a factory to

a changing environment such as construction

activities. The potential of the robot is its

ability to carry out work beyond mere manual

operation, but also beyond industrial repetition

and its direct control by digital data. Robots

are becoming more autonomous and can

perform more functions and tasks, reducing

the waiting time for them to be used in

construction.

At first, the supervision of professionals and

their interaction with robots in construction will

be essential. Robots’ difficulty in navigating

complex environments will initially require

significant human intervention. However, the

trend is for less skilled workers to be replaced

by robots, while higher skilled workers will

collaborate with the latter.

The speed and precision of a robot can

dramatically increase productivity on

a construction site. The challenge is

undoubtedly the ability to program it to

perform the right tasks efficiently. In addition

to the benefit in the field of productivity, the

accident rate of workers will also be reduced,

as robots carry out part of the jobs that

involve more occupational risks. Robotics

can completely transform construction as we

understand it today.

The impact of technology in construction

can influence not only work processes, but

also architecture, engineering and creativity

in the design of new environments. The

great challenge is that robots do not replace

human capacity and that they help improve

architecture, aesthetics, productivity, design,

safety and quality of life for construction

professionals.

71


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N E W S

S T O R I E S

Data and Digitization Report

UAE Market

Executive summary

74

As data volumes continue to grow and become more

disparate by the day, the time is now for organizations to

implement ways to efficiently leverage this critical data.

In July 2019, Alteryx surveyed 500 United Arab Emirates

(UAE) businesses to understand how data and analytics

are driving their businesses to thrive in this data-led world.

The new Alteryx-commissioned research uncovers the

benefits and impact of data analytics in digitization projects

across six of the most digitally advanced countries in

Europe, the Middle East and Africa (EMEA) and Asia-

Pacific (APAC).


This report summarizes the key findings of the research and uses

the information gathered to provide a snapshot into how companies

across the UAE are progressing in their analytic journey. It explores

the current thinking into the value of data, the primary data

challenges, the culture of data and analytics and the key technology

enablers to demonstrate how a smart approach to data guides the

way to successful digitization.

Commenting on the findings of the research, Alan Jacobson,

chief data and analytics officer at Alteryx said:

“The business case for data has truly been acknowledged. While

many are still balancing data inefficiencies with the challenge

of a shortage of skilled data workers, this latest research from

Alteryx underscores that investing in data and analytics alone

won’t deliver real business-altering results. Whether performing

precision marketing to improve sales or analysing data from various

departments across an organization, the world of business is quickly

becoming the world of analytics. A smart approach to data and a

data literate culture will guide the way for successful digitalization.”

Abboud Ghanem, Senior Director – Middle East and Africa at

Alteryx, added:

“There is no doubt that data is key in driving business success

in the minds of businesses across the UAE. Every data worker,

regardless of technical acumen, wants to be able to easily find and

understand what information is at their disposal; have the flexibility

to prep, blend, enhance and analyse data from more sources; and

easily operationalise analytic models through a collaborative and

governed platform. At Alteryx, we will continue to make the Alteryx

Platform easier to use for all data workers, while extending its ability

to handle more sophisticated data science outcomes for trained data

statisticians in order to create an analytics-centric culture across most

every industry and functional areas of business.”

Data is permeating every part of business and is key to success

• With over three quarters of survey respondents (79%) agreeing that data is a critical corporate

asset for driving the business forward it’s clear that businesses are taking advantage of what

seems to be insurmountable data sources across industries and internal functions.

• When it comes to where businesses are in their analytical journey, almost two thirds (62%) of

UAE businesses class themselves in the advanced stages of their analytic journeys.

• For those businesses leveraging data for insights over two fifths (41%) report the major

business benefit as increased productivity, followed by over one third (36%) citing they gained

better insight into customers, and over one third (34%) stating the ability to make savings and

efficiencies for my department or organisation.

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• Businesses are also seeing soft benefits increase. Over three quarters (79%) agreed that using

data analytics has helped break down internal silos. Respondents cited improved employee

satisfaction (41%) as a benefit of using data. Overall two in five (40%) said that analytics

improved work-life balance and are able to better balance their lives after embracing data in their

role.

Businesses can’t win in analytics without the human element

• With digital skills classed as a major priority for businesses, over four in five (83%) agree that

everything they are investing in data and analytics is useless without people who understand it.

• Proving that businesses simply cannot proceed to tackle the technical challenges existing in a

data-driven industry without the right workforce, more than two fifths (41%) reported that it was

easier to access the talent needed to manage analytics than last year, while almost one in three

(32%) have a team of dedicated data scientists for all their analytics work.

• Only one in five businesses reported that a talent shortage prevented them from becoming a

data-driven business.

• Those who are leveraging data report several key factors that they still need to overcome in

order to be more efficient. When allocating time to performing impactful data analyses, one in

three (33%) cite data quality as a big challenge to building a data pipeline for the business,

followed by almost one third (30%) stating a lack of strong data governance is a major

contributing factor to wasted time that could have been spent assembling insights.

A culture of data and analytics is needed to transform data into actionable insights

• When it comes to the building blocks for their digital transformation initiatives, over four in five

(81%) agree that empowering people is the key to digital transformation.

• Stressing that empowering employees to affect business-change with data will enable them to

succeed in their digital transformation initiatives, over one third (35%) state a culture of data and

analytics will be the biggest game changer for analytics success while two fifths (40%) state they

need more focus on employee skills and talent to drive transformation.

• Businesses are starting to build this culture to derive value out of their data, as almost one third

(30%) have a clear enablement strategy based around community, training, and tools that drives

our data analytics usage and over one quarter (29%) hold regular data workshops to inspire data

workers to generate insights as part of our data analytics strategy.


N E W S

S T O R I E S

• In an increasingly data-driven world, over two thirds (70%) of respondents agree that data is so

valuable that it’s become a new currency, and the same number agree data progression is also

key to career progression.

Technology can be an enabler or constraint to data analytics success

• Proving data will always be at the forefront and one of the most important drivers of success

and true digital disruption, businesses across the UAE reported the top three technology

enablers having the greatest impact on their business today as data and analytics (42%),

artificial intelligence/machine learning (36%) and blockchain (33%).

• When asked their top technology priorities to continually modernize their analytic journey, UAE

businesses digital transformation enablers (47%), getting more value out of our data resources

(47%), and further investment in data platforms and services (46%) in order to accelerate timeto-insight

and break barriers.

• Technology can also be a constraint to a data-driven business. When asked which key

technology enablers they are prioritizing investment in within the next five years to support a

variety of initiative for data analytics success almost one third cited data and analytics (32%), just

ahead of blockchain (28%), and artificial intelligence/machine learning (27%).

• UAE businesses anticipate the biggest technology game-changers for data analytics success

within the next five years to include: self-service analytics (31%), augmented data discovery

(27%) and explainable AI (27%).


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N E W S

S T O R I E S

Sharaf DG Energy challenges

warehouses and factories to reduce

emissions

Sharaf DG Energy advises companies to look to their warehouses as the first step to becoming

more sustainable

Sharaf DG Energy, one of the leading solar

energy solution providers in the UAE vows to

tackle the issue of climate change head on,

stating that the starting point should be within

warehouses and factories across the region.

Manufacturing represents 54% of the world’s

energy consumption and is responsible

for 20% of global emissions – increase in

efficiency can help to conserve energy and

contribute to global CO2 reductions. Rising

environmental issues and growing economic

uncertainty means manufacturers must rework

their current practices to ensure more is

done to reduce harmful emissions and waste

disposal that has a negative impact on the

planet.

The logistics industry is becoming increasingly

aware of its ecological impacts meaning

warehouses and factories are the perfect

starting place for companies to implement

sustainable solutions. A combination of

extensive unused rooftop space, the need for

generating clean and reliable energy and the

possibility of generating additional income

makes warehouse ideal for solar.

The concept behind green logistics is to create

measurable reductions in CO2 emissions

due to daily operations from logistics and

warehousing activities. To optimize operations,

it is essential to create strategies that will lower

costs and conserve energy.

82


“As the climate emergency accelerates, factories and warehouses must adapt and create

new strategies with sustainability at the core of their business” says Vice President of

Sharaf DG Energy, Sanjay Dabur. “There is an opportunity to turn the negative into positive

and use the current environmental climate as an opportunity to look internally – Middle

East manufacturers should implement the necessary changes towards becoming more

sustainable – streamline processes and begin to see this as an opportunity as apposed to

a threat”.

“Installing solar panels on a warehouse is financially beneficial as well as a great way to

utilise empty roof space” says Mr. Dabur. “The key advantage of using solar panels is that

a warehouse can become more self-reliant by producing its own energy which can amount

to significant savings over time”.

Sharaf DG Energy believes the companies that will successfully navigate the current

environmental issues are those that embrace sustainable solutions across their factories

and supply chains – improving operations whilst increasing sustainability means higher

productivity and smoother processes that will in turn benefit all areas of the company.

By making the switch to solar, Dubai warehouses could benefit from extensive annual

savings, security from producing their own clean energy that isn’t dependant on stability of

the energy market, along with the biggest advantage being less pollution of the planet.

Sharaf DG Energy was founded in 2014 as a progressive and forward-thinking enterprise

– bringing together global experience and local knowledge to create sustainable energy

solutions.

Sharaf DG Energy hails from the wider Sharaf Group comprising of 47 companies with

presence in 40 countries across MENA, Africa, India & Asia. The Sharaf Group continues

to dominate sectors including Shipping & logistics, Industrial, real estate, travel & tourism,

IT and financial & retail since its establishment in 1975.

83


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