Urbanization is accelerating across the globe, with an increasing number of people living and working in cities. In an effort to match this trend, governments in the Middle East have adopted various policies ranging from greenfield developments touted as future cities (such as NEOM in Saudi Arabia), to accelerating urban digital transformation (Doha), and incorporating a 'happiness' oriented mindset (Dubai). Infrastructure investments lie at the heart of all such efforts, but they are capital-intensive and time-consuming. Therefore, future plans need to accommodate for much longer-term growth, addressing the huge volume of users as well as their evolving requirements.

Shanghai Pudong Development Bank is embracing 5G technology as it leads the finance industry into the intelligently connected era.

In the future, watts and bits will be more closely integrated on power grids, to form a complementary, highly elastic energy Internet through digital transformation. This energy Internet will work as both the energy consumer and the energy supplier, to enable bidirectional energy flow exchange, making power grids more secure, reliable, efficient, and energy-saving. This is the direction that energy systems are developing toward.

More and more electric power companies now say that digital transformation strategies are their first priority. Through transformation, companies are building unified digital platforms to manage their mass internal operations systems as well as using existing data and resources to develop more business.