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KEY PROBLEM STATEMENT | NEED Trends such as population growth, urbanization, climate change, and resource limitations are placing considerable pressure on cities around the world. To tackle these challenges governments and organizations are turning to IoT solutions to improve operations, deliver better customer experience and create new products and services. IoT is a system of connected devices that speak to and interact with each other and other networks to improve the way our lives and businesses operate INTERNET OF THINGS (IoT) FOR SMART CITY APPLICATIONS PROCUREMENT CYCLE Ideation and Research The solution will be developed in the Hackathon QITCOM2019. This will be further taken to product development and commercialization. ADJACENT OPPORTUNITIES OPPORTUNITY DEFINITION | INTERNET OF THINGS (IoT) | SMART CITY The opportunity includes developing an Internet of Things application on Ooredoo IoT Builder that would enhance the lives of residents in and visitors to Qatar. The solution could be applied to cover any verticals or domains such as Transportation, Building Management, Smart Cities, Retail, Agriculture, Industrial IoT, Container Terminals, Healthcare, Hospitality, Security Services Industry, Environment, and Energy. STAKEHOLDERS > Ooredoo TARGET MARKET TIMESPAN Will be defined during commercialization stage BUDGET ACROSS INTERNET OF THINGS (IoT) ECOSYSTEM The Qatar market for IoT is projected to reach USD$573 million by 2022, at a compound annual growth rate (CAGR) of 35% from 2019 to 2022. > Open Data platforms > Cloud Solutions Target Market > Qatar total population – 2.6 million (2019) > Visitor potential of 5.6 million tourists annually Target Users > Public & Private Sector Organisations OWNER AND SECTOR Owner Ooredoo Sector Smart City
