Improving SME environment to push IoT development

Arab Advisors panelists call for better regulation to encouraging entrepreneurs
Arab Advisors, Development, Entrepreneurs, Environment, Improving, IoT, Jordan, Middle East, Operators, Region, SME, Start up, Telecoms


Operators and telecommunications players have demanded an improved regulatory environment for start-ups and SMEs in the region to promote the development of the Internet of Things during the Arab Advisors Conference celebrated in Amman, Jordan.

“The start up environment is not very encouraging from a regulation perspective,” said Irfan Verjee, principal service provider transformation group at Cisco Systems during the opening panel on the Internet of Things.

Verjee added that some countries in the region are already intoducing better regulation and encouraging entrepreneurs to create start-ups. “[Development of] the Internet of things will start with fueling start ups and entrepreneurs, as they will fuel the technology,” he said.

Ziad Matar, senior director business development at Qualcomm, added that regulations that help operators to invest are needed. “Companies and SMEs are working to build the ecosystem, we need major initiatives that aim to enhance the Internet of things in general,” he said during the panel.

Jean François Thomas, CEO at Orange Jordan, added that regulators should not see the Internet of Things opportunity as a “golden cash cow” and he highlighted that operators need more spectrum.

REGISTER NOW | Webinar Event | Security you can bank on – Safeguarding the Middle East’s financial sector

Presented in partnership with security and network specialist Cybereason, the second in the three part webinar series will bring together a panel of experts to discuss how banks and financial institutions are evolving their service offering while simultaneously staying one step ahead of the cyber criminals who seek to bring their operations crashing to the ground.

Editor's Choice

Emerson expands analytics platform for industrial enterprise-level wireless infrastructure management
Plantweb Insight platform adds two new Pervasive Sensing applications that manage wireless networks more efficiently with a singular interface to the enterprise
Digitalisation seen as a competitive advantage by Middle East private businesses
Nearly 80 per cent of private business leaders acknowledge that digitalisation can impact business sustainability
Etisalat introduces Multi-Access Edge Computing architecture delivering best-in-class video streaming performance for 5G networks
MEC architecture achieves performance gains of as much as 90% in video streaming, validating how ultra-low-latency applications will be delivered over 4G and 5G networks

Most popular

Don't Miss a Story