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TechStars Startup Weekend Dubai 2017

Startup Weekends are 54-hour events designed to provide superior experiential education for technical and non-technical entrepreneurs. Starting from 16th to 18th November, 2017, with brainstorming, business plan development, and basic prototype creation, Startup Weekends culminate in Saturday night demos and presentations.

Participants can create working startups during the event and they can collaborate with like-minded individuals outside of their daily networks. The weekend is centred around action, innovation, and education. Whether you are looking for feedback on an idea, a co-founder, specific skill sets, or a team to help you execute, Startup Weekends are the perfect environment to test your idea and take the first steps towards launching your own startup.

The Startup weekend is organised in Lamborghini Dubai Building, Sheikh Zayed Road, Exit 41, Dubai and the event starts at 6:30 PM on 16th November.

InfoComm Middle East & Africa

InfoComm Middle East & Africa (InfoComm MEA) is the region’s leading Professional AudioVisual (pro-AV) and Information Communications Technology (ICT) show. Professionals requiring solutions in pro-AV and ICT will find them at InfoComm MEA. This event will be organised in Dubai World Trade Centre from 5th to 7th December 2017. The event brings decision makers, suppliers and technical experts together for the exchange of information and productive business connections.

The transformative power of Professional AudioVisual and Information Communications Technology is felt in every industry. Cutting-edge solutions help to streamline business operations, in turn boosting efficiency in the workplace. You can learn more about the latest technology trends and give your projects the smarter edge.

As the MENA region steps ahead with economic diversification, InfoComm Middle East & Africa is gaining traction as a vital corollary, bringing together users and vendors of communication technologies, and presenting technological advancements to the region, to ‘fast-pace’ the process.

Arab Future Cities Summit 2017 Dubai

The 4th Annual Arab Future Cities Summit was held on 30th and 31st October 2017 in Dubai. The event emphasized on the future opportunities and developing technologies to counter the challenges faced by Dubai, being one of the world’s most connected and sustainable ‘Smart Cities’ – in time for Expo 2020.

Arab Future Cities Summit

Following the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of UAE and Ruler of Dubai, to make the Emirate as the smartest and happiest city, the Government of Dubai has implemented several innovative programs and smart city services under the key dimensions of Smart Economy, Smart Living, Smart Mobility, Smart Governance, Smart Environment and Smart People.

The key agendas of event included Dubai Plan 2021, Smart Mobility & Smart Transportation, Safe and Secured Connected Cities, Renewable Energy & Energy Efficiency in Smart Cities, The Future of Housing in UAE and Dubai’s Journey to be the Happiest City.

The Launch of LZine

FOR IMMEDIATE RELEASE

The Launch of LZine – Your Very Own Intelligent Assistant  

Dubai-based company LZine Technologies is launching an Intelligent Personal Assistant that will help UAE residents and travelers with daily life information and activities. The company is launching its flagship “LZine” platform in Abu Dhabi and Dubai cities by early 2018.

LZine is a digital platform which will host the character Zine, who will become closer to a user over a period, like a natural friend. ‘Zine’ is the name of the LZine interface as seen by consumers – a characterized and interactive interface. It will offer customized & personalized information & services to people by learning the user and their needs.

The company is backed by in5, a Dubai based well reputed accelerator under the Dubai Government initiative, along with seed fund investments from Dubai entrepreneur Ganesan Muthiah.

As of the beginning of next year, LZine will be first introduced in Dubai in January, followed by Abu Dhabi in March 2018. Zine has extensive knowledge about these two cities that is of utmost relevance to residents, expats and visitors. Not only is LZine an information portal for the city, it is also special because of the integrated services it provides. What makes this application unique is its ability to address the different needs a person may have in their day-to-day lives and satisfy all those needs through one medium.   

Zine does not have to be addressed for it to help the user out. All it would require the user to do is input their preferences, and Zine will be able to learn people better the more it helps them. LZine is focusing on giving consumers easy accessibility to Zine through their handheld devices, particularly mobiles. Moreover, LZine’s products abudhabi2.com, dubaiholidaypackage.in, and the UAENext website will consume the company’s information and services. Thereby, users can also access Zine by logging on to the web portals.

Further to the Intelligent Personal Assistant Zine, LZine will provide exclusive platforms for businesses, in the form of LZine for Business (LFB) and LZine Business Solutions (LBS). The focus of the business platforms will helping organisations with professional activities like Travel Management, Employee Benefits Program, Employee Expense Management, New Employee On-boarding, and much more.  

The LZine venture is an initiative of Arun Ramachandran and Bharath Manoharan, two believers in the limitless possibilities of technology who were eager to use that to help the society and make human lives smarter. They relocated from India to UAE in 2013, and during that period, came to realise the vast differences in living in both these countries. They also came to understand the massive expat population of UAE, and the need for something to simplify the moving process and the make the lives of existing and new residents easier. That realisation, combined with their quest for creating a city information portal, gave rise to the idea of a digital friend for every person to help them with their daily requirements. Thus, LZine was born.   

 

Key Metrics Every Growing Business Must Pay Attention to

Entrepreneurs today are proficient at launching a start-up, with innovative ideas and charmed investors. With the thrill of launching a business, however, founders often fail to analyse key metrics that give insight into business growth. This ignorance is often the cause for failed start-ups.

While there is no cheat code to a successful start-up, there are a couple of important metrics that hold good for any industry. Three of them that every growing business absolutely must look out for are:

Cash Flow

Tracking every penny to enter and leave your company coffers is vital to sustaining a business. Money comes in through investor funding and sales revenue, while cash flows out through company expenditure. Remember, incoming cash is not profit. This confusion often damages companies irreparably.

Run periodic cash flow reports to analyse how much revenue is being made against the amount being expended. These reports are baselines for sales teams who should push to achieve realistic targets. The money left after negating expenditure from cash inflow is the company’s net profit.

Employee Satisfaction

Although not a tangible metric, employee satisfaction is vital to a growing company. They are, after all, the ones who run the show. Start-ups often hire lean in order to cut back on expenditure. This results in overworked employees, which can be cancerous for any company.

Annual surveys and feedbacks are simple methods to gather employee feeling towards the management and the company as a whole. Monthly managerial meets is another great way to boost employee morale. Both these options cost little to nothing and are easy to implement.

Startup founders sometimes pay all attention towards clients and fail to notice problems arising within. Remember, a happy worker is a productive worker, which will ultimately lead to a happy customer.

Customer Retention

It’s better to have one happy client, than ten frustrated ones. Retaining existing customers is more important than roping in new ones, although the opposite often seems more lucrative. More customers equals more income, right? Maybe, but ignoring existing customers can lead to negative reviews which will finally lead to no customers.

It can be thrilling for a new start-up to chase as many potential clients as possible, in an attempt to build a large clientele. A small company with a large customer base will always find it challenging to divide time and effort equally, leading to imperfect service and dissatisfied customers. Stick to giving hundred percent effort towards existing customers, before looking out for new ones.