6CIOReview | | NOVEMBER 2020Over the last decade, the Internet of Things (IoT) has made numerous disruptions in the realms of maintenance, fault detection, and 24/7 monitoring, among others, across a plethora of market sectors. With IoT, the biggest businesses in the world are trying to bridge the gap between the real and virtual worlds, enabling businesses to digitalize core processes and satisfy the modern-day consumers' tech-savvy demands. The benefits of IoT solutions are particularly pronounced in the Middle East as the technology has helped oil and gas firms take a proactive approach to repairing pipelines, thereby minimizing human intervention and maximizing safety and efficiency. In light of this, IoT spending in the Middle East region is set to rise from 8.47 billion USD in 2019 and reach 17.63 billion USD by 2023.Furthermore, IoT integrations with artificial intelligence, blockchain, AR/VR, and other emerging technologies is facilitating the development of disruptive tools with potentially ground-breaking applications in the retail, automobile, healthcare, and smart home arenas. On the other hand, as IoT enables the collection of real-time data and allows the extraction of critical insights, the technology is also augmenting legacy processes in the storage, transportation, and consumption spaces. With its ability to seamlessly share information through a robust network, IoT is gradually transforming the way businesses operate and driving the creation of a smarter world. In light of this, CIOReview presents its IoT Middle East edition featuring insights from industry thought leaders and innovative solution providers.We hope this edition is valuable in helping you leverage IoT solutions effectively and create a smarter environment for professionals and consumers alike.EditorialRevolutionizing Operations with Real-Time InsightsCopyright © 2020 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.CIOReviewContact Us:Phone:510-230-0395Fax:510-894-8405Email:sales@cioreview.comeditor@cioreview.commarketing@cioreview.com November 23, 2020, Vol 09, Issue - 93 (ISSN 2644-237X) Published by ValleyMedia, Inc.To subscribe to CIOReviewVisit www.cioreview.com CIOReviewEditorial StaffAaron PierceCarolynn WaltersShirley FaithRussell ThomasVisualizersIssac GeorgeRonald Donovan*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffJustin Smith Managing Editoreditor@cioreview.comManaging EditorJustin SmithSalesStephen Thomasstephen.thomas@cioreview.com Dean Winchester
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