Hatem Dowidar, CEO of e& Group, Spotlights Technological Advancements at GITEX 2023 and Outlines 2024 Plans
As GITEX Global 2023, the premier global technology exhibition, unfolds in Dubai, e&, the prominent technology and investment group, is poised to unveil its latest AI-powered innovations. Hatem Dowidar, e& Group’s CEO, shares insights into the showcased technologies, emphasizing the intersection of AI and 5G, leading to groundbreaking applications like autonomous vehicles and drones.
Live from GITEX, Dowidar discusses the tangible impact of AI in various aspects of life and the realization of futuristic technologies. He points to the convergence of AI and 5G, enabling precise communication among autonomous devices for enhanced safety. A notable achievement highlighted by Dowidar is e&’s development of a 5G network that not only supports everyday data and calls but also facilitates advancements in autonomous travel.
Dowidar delves into e&’s recent innovations, such as digital twin technology in retail, allowing shoppers to virtually try products without entering changing rooms. Additionally, he introduces the world’s first AI-enabled autonomous telco store, managed entirely by AI and robotics.
The CEO further underscores e&’s contributions to diverse sectors, including traffic management, workflow optimization, and safety enhancements in factories and ports through data-driven applications.
Reflecting on e&’s transformative year, Dowidar highlights strategic refocusing across verticals, international acquisitions, and notable investments, such as those in Careem, STARZPLAY, and elgrocer. The expansion of e&’s enterprise offerings, including blockchain solutions from UTC and a recent acquisition in peer-to-peer business lending, adds a new dimension to its services.
Dowidar emphasizes e&’s comprehensive growth strategy, spanning cloud technology, cybersecurity, and venture capital. Recent investments, like the one in Ikigai Labs leveraging generative AI for tabular data, showcase the company’s commitment to staying at the forefront of technological innovation.
Looking forward, e&’s CEO envisions sustained momentum, with growth projections across all verticals and a pipeline of prospective acquisitions on the horizon.
