Dubai Expo 2020: Dubai’s young tech entrepreneurs
CNBC’s Dan Murphy caught up with some young tech entrepreneurs in Dubai to find out how they are using innovation to add value to everyday life. CNBC International filed this report.
Mon, 17 Feb 2020 09:49:52 GMT
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AI Generated Summary
- 360Views offers immersive 360-degree and VR experiences, attracting Gen Z and millennial users with exclusive content and a mix of free and paid options
- Kafu disrupts the fuel delivery industry with on-demand service, rapid growth, and plans to expand into other car-related services
- Both startups leverage IoT, AI, and big data to enhance user experience, optimize operations, and predict demand
Dubai has long been known as a city of innovation and technological advancement, and that reputation is being upheld by a new generation of young tech entrepreneurs who are using cutting-edge technology to revolutionize everyday life. CNBC's Dan Murphy recently caught up with some of these entrepreneurs to explore how they are reshaping the business landscape in the city. The interview took place at DTech's most successful startups, where 360Views, a platform offering live 360-degree and VR events, videos, and channels, is based. 360Views allows subscribers to immerse themselves in a wide range of experiences, from music concerts to behind-the-scenes access to sporting events. Co-founder and CEO, Khaled Zatarra, explained that the platform partners with reporters around the world to provide exclusive content, giving users the power to control what they see, a key feature that appeals to Gen Z and millennial users. With a mix of free content supported by ads and premium paid experiences, 360Views is rapidly gaining popularity, with around 1,500 new paid subscribers joining daily. Zatarra's vision is for the platform to go global, reaching over 50 countries by the next year.
Another groundbreaking startup making waves in Dubai is Kafu, an on-demand fuel delivery service that is transforming how people refuel their vehicles. General manager, Antonio Al-Asmar, highlighted the convenience and efficiency of Kafu, where users can simply download the app, register, and request a fuel delivery to their location in just three clicks. This service meets the needs of a wide range of customers, from busy professionals to families looking to save time at the pump. Since its launch in November 2018, Kafu has seen rapid growth, with double-digit monthly increases in demand. Looking to the future, Kafu aims to expand its services beyond petrol delivery to include car washes, oil changes, and more, with the ultimate goal of revolutionizing the car ownership sector. While the rise of electric vehicles poses a potential challenge, Kafu's R&D team is already exploring ways to adapt their service to meet the changing needs of the market.
At the heart of both businesses is a commitment to leveraging technology to enhance the user experience and optimize operations. Kafu's fleet of over 80 trucks is equipped with IoT technologies, including GPS tracking and AI cameras, allowing for efficient and secure fuel deliveries. The company utilizes AI and big data analytics to predict demand and optimize vehicle routes, ensuring timely and reliable service for customers. By embracing innovation and thinking outside the box, these young tech entrepreneurs are paving the way for a new era of convenience and efficiency in Dubai's bustling business landscape.
As Dubai continues to solidify its position as a global hub for technology and entrepreneurship, the success of startups like 360Views and Kafu serves as a testament to the city's unwavering commitment to innovation and progress. These young visionaries are not only reshaping the way we consume content and refuel our vehicles but are also redefining the future of technology in everyday life. With a relentless drive to push boundaries and a knack for creative problem-solving, Dubai's young tech entrepreneurs are setting the stage for a dynamic and exciting future in the world of tech innovation.