Conares, the second largest private steel manufacturer in the UAE, has inaugurated its 12’’ pipe mill in Jebel Ali Free Zone. The new state-of-art facility, installed with an investment of AED 100 million, now makes Conares a manufacturer of 1-million-ton steel products annually. Bollywood megastar Shah Rukh Khan inaugurated the new plant in the presence of HE Mohammed Al Muallem, CEO & Managing Director, UAE Region – DP World and other senior officials. Conares is the leading producer of steel pipes and rebars within the region, and the only private manufacturer in the UAE. The company is also amongst the top three steel rebar mills operating 24×7 to serve the upcoming projects in the country. Commenting on the new facility, Mr. Bharat Bhatia, CEO of Conares, said, “We are proud to launch the 12’’ pipe mill, which will increase our pipe manufacturing capacity by 250,000 metric tonnes. This mill increases our pipe product range, enabling us to meet the growing demand from the region’s infrastructure development sector. With this we have now achieved our milestone of 1 million tonnes capacity of steel production annually.” “In terms of facility growth, we are aligning Conares with the region’s commitment to infrastructure developments keeping the vision of the UAE and Dubai Vision 2021. For Conares, the Vision 2021 is crucial to make it a manufacturing powerhouse. We foresee a good demand for our products for the ongoing projects in the UAE, especially the projects related to development to host the World Expo 2020 in Dubai. The new plant will produce pipes ranging from 4” to 12” sizes,” he added. “We plan to produce 20 per cent more than last year. Last year, we produced 525,000 metric tonnes and this year we intend to produce more than 635,000 metric tonnes. We crossed a turnover of above AED 1 billion in 2017. Compared to this, we expect a revenue increase by 30 per cent in 2018.” “Conares has already drawn fresh plans for expansion. We have commenced construction of our Continuous Color Coating Mill at an estimated investment of AED 100 million. We expect to commission this plant soon with commercial production expected to begin in the last quarter of this year,” Mr. Bhatia elaborated. “We strongly believe in the vision of the leadership of this nation. With the support from federal and local government agencies, our products have not only gained market wide acceptance but also are the preferred choice of many prestigious projects today,” he said. “We have good presence in the international market as well. We are exporting our pipes and tubes to different countries outside the UAE and the GCC since 2005. Conares’ export to the US is nearly 15 per cent of its total production. We are also in the process of developing new markets for our products,” he added. Speaking about the growth of steel industry towards 2020, Mr. Bhatia said, “We have a positive outlook until 2020, and see a good demand within the UAE and the GCC region. The Expo 2020 and UAE Vision 2021 will keep most of the producers busy in meeting the steel requirements. Lately, we also meet enquiries from many countries, which can receive the cargo in maximum three weeks.” Conares has constantly been evolving with the region. The company’s growth has remained on a buoyant trajectory since three decades of its operations, helping it cross significant growth milestones in the steel industry. -ENDS- About Conares With its foothold securely placed in the steel industry, Conares is the one of the largest and the only private steel manufacturers in the region. Since its inception in 1988, Conares initially focused on steel trading. Having built extensive partnerships with renowned steel plants across the world, it brought the world-best competencies to the region, by setting up its own state of art manufacturing facility in UAE. The company earmarked AED 200 million towards expansions by the year 2020. Being a 100 per cent privately owned entity, the company assets exceed US$300 million of investments in the UAE. As the Middle East focuses on development, Conares serves as the perfect partner to meet the growing industry requirements for steel rebars and pipes. A diversified and full-fledged manufacturing facility based in the UAE, the strategic hub between the East and the West, Conares today is the premier producer of quality steel products for wide-ranging needs; having a total manufacturing capacity of 1,000,000 MT annually. Conares earned various international product certifications for its various steel products, which it serves in the fledgling construction industry in the region and abroad.  Meanwhile, its on-going efforts in streamlining its manufacturing operations to be safe for its employees and community have earned the company its sustainability certification from UK CARES Sustainability Scheme. From its central location in Dubai, UAE; Conares serves an extensive network of clientele including pre-engineering companies, steel trading companies and construction majors not in the Middle East but across wider markets that are easily accessed from its headquarters. Led by a team of experienced and skilled professionals, Conares today employs more than 500 people. Conares has set new benchmarks in the steel industry through its commitment to quality, excellence and service standards. A trusted name in the industry, Conares is led by the vision to support the region’s infrastructure development by providing world-class steel products through long-term partnerships. At Conares every business partnership, each product, every process and any aspect of service is defined by three core values – Trust, Quality & Strength. For further information, please contact: Rasheed Palliyalil Watermelon PR Dubai, UAE Tel: +9714 283 3655 Email: rasheed@watermelonme.com  

We are proud to announce the signing of an MOU between Agthia and the Dubai Police in the presence of General Commander Abdullah Al-Marri and Agthia’s Chief Executive Office Eng. Tariq Ahmed Al Wahedi. This Agreement will enable Esaad card members from the Dubai Police and the Dubai government to purchase Agthia products at discounted prices.  

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has been granted membership of the Global Privacy Enforcement Network (GPEN), as of March 29th, 2018.  The GPEN membership will be headed by ADGM’s Registration Authority (RA), the data protection regulator of ADGM. Established in 2010, GPEN is an international network of data protection authorities, comprised of over 60 members from around 50 different countries and regions with the purpose of facilitating cross border enforcement of privacy protection laws and strengthening personal privacy and data protection in a global context. ADGM is the first member from the Gulf Cooperation Council (GCC), providing the opportunity to build international relationships in the data protection field. The GPEN membership will also provide a platform to share best practice and facilitate cooperation on privacy law enforcement.  Membership of GPEN will strengthen ADGM’s ability to raise awareness of the importance of privacy and data protection As a member of GPEN, ADGM responsibilities will include discussing the practical aspects of privacy law enforcement cooperation, sharing best practices in addressing cross-border challenges, working to develop shared enforcement priorities and supporting joint enforcement initiatives and awareness campaigns. GPEN membership also raises ADGM’s profile as a jurisdiction in the region that is committed to privacy and data protection. It is also particularly timely, given current international developments in data protection, such as the European Union’s General Data Protection Regulation (GDPR), which comes into force on 25 May 2018. H.E. Ahmed Ali Sayegh; Chairman of ADGM said, “We are honoured to be granted membership of GPEN. Data protection and privacy are fundamental to a robust and transparent international financial centre. The Registration Authority has enforced a data protection regime that is in line with international best practices and is proactive in implementing advancements in the field. Initiatives such as the membership seek to instil greater confidence in our stakeholders and position ADGM as a leader in the international community of data protection and privacy.” Data protection is a key element of ADGM’s legal regime, contributing to ADGM’s standing and integrity as an International Financial Centre (IFC). Implementation of international best practices in data protection and membership of bodies such as GPEN play an integral role as key distinctions between ADGM and other IFCs. GPEN membership is one of many ongoing initiatives and activities to bolster data privacy and protection at ADGM. About Abu Dhabi Global Market: Abu Dhabi Global Market (ADGM), an international financial centre (IFC) located in the capital city of the United Arab Emirates, opened for business on 21 October 2015.  Established by UAE Federal Decree as a broad-based financial centre, ADGM plays a pivotal role in positioning Abu Dhabi as a global centre for business and finance. It serves as a strategic link between the growing economies of the Middle East, Africa and South Asia and the rest of the world. Based in Abu Dhabi, home to one of the world’s largest sovereign wealth funds and one of the highest concentrations of high-net-worth-individuals in the world, ADGM’s strategy is anchored by Abu Dhabi’s key strengths including private banking, wealth management, asset management and financial innovation. Comprising three independent authorities: the Registration Authority, the Financial Services Regulatory Authority and ADGM Courts, it enables registered financial institutions, companies and entities to thrive and operate within an international regulatory framework based on Common Law. Since its inception, ADGM has been awarded the “Financial Centre of the Year (MENA)” for two consecutive years for its initiatives and contributions to the financial and capital markets industry in the region.* As part of its mandate, ADGM oversees and governs the Al Maryah Island, a designated financial free zone covering 114-hectares of financial and commercial services including residential, retail, leisure, hotel and office developments.    For more details of ADGM, please visit www.adgm.com or follow us on Twitter : @adglobalmarket and Linked : ADGM * Source : The Global Investor Middle East and North Africa (MENA) Awards For more information Kindly contact: Afra AL Rashdi Senior Manager – PR and media Afra.alrashdi@adgm.com Tel:00971561777288

In its first year as a new entity, operating income was AED 10.7 billion; total comprehensive income was AED 10.3 billion; total assets grew to AED 469.4 billion.

Today, Mubadala Investment Company of Abu Dhabi announced its full-year 2017 financial and operational highlights.

Group Chief Executive Officer and Managing Director, Khaldoon Khalifa Al Mubarak, said: “2017 was a landmark year for our new organization. All four global platforms contributed to our strong financial and operational results. The scale of our integrated portfolio enabled us to increase investments in existing companies and monetize mature assets, while entering new sectors in key international markets where we see long-term growth potential and alignment with Abu Dhabi’s strategic priorities.”

Financial highlights for the full-year period ending 31st December 2017*, include:

• Revenue was AED 165.6 billion compared to AED 145.4 billion in 2016, driven by the strong performance of all four global platforms, with major contributions from upstream & integrated, petrochemicals and the semiconductor business sectors.
• Operating Income was AED 10.7 billion compared to AED 9.6 billion in 2016. Petrochemical and Aluminum manufacturing assets were major growth drivers.
• Total Comprehensive Income was AED 10.3 billion compared to AED 5.1 billion in 2016, with gains from divestments of mature assets and the increase in value of financial holdings.
• Total Assets were AED 469.4 billion at the end of 2017 compared to AED 449.7 billion at the end of 2016.
• Total Equity was AED 258 billion at the end of 2017 compared to AED 228.3 billion at the end of 2016.
• Cash and Cash Equivalents was AED 29.9 billion at the end of 2017 compared to AED 33.8 billion at the end of 2016.
• The gearing ratio was 28.7% at the end of December 2017, compared to 29.6% at the end of 2016.
• Mubadala Investment Company was formed through the merger of Mubadala Development Company and International Petroleum Investment Company in 2017. MDC and IPIC, both wholly owned subsidiaries of MIC, hold credit ratings by Moody’s, Standard & Poor’s and Fitch of Aa2/AA/AA respectively.

Chief Financial Officer, Carlos Obeid, said: “In 2017 we made significant progress by reducing overall leverage while maintaining appropriate liquidity to deploy capital in new investments. In addition, we took the opportunity to monetize some of our mature assets which provided a significant return on our original investments, in line with our mandate to deliver financial returns to our shareholder.”

Operational highlights from across Mubadala Investment Company’s four global business platforms are:

Aerospace, Renewables & ICT

• Mubadala successfully completed the sale of a 40 percent stake in Tabreed, its district cooling business, to ENGIE, a global energy leader for AED 2.8 billion. Mubadala remains the largest shareholder of the Abu Dhabi based district cooling utility company.
• Masdar inaugurated its third wind farm in the UK, the Dudgeon Offshore Windfarm, bringing the combined power generating capacity of all three projects to 1 gigawatt (GW) – enough clean energy to supply nearly 1 million homes. The wind farm comprises 67 wind turbines and is now supplying around 410,000 UK homes in one of the largest deployments of 6MW wind turbines, the most powerful on the market.
• Strata Manufacturing completed delivery of its first set of A350-900 inboard flaps to Airbus. Airbus selected Strata to manufacture the A350-900 inboard flap in 2015. Strata-produced inboard flaps have been incorporated into A350s from January 2018 and the company expects to ramp up production of these important components in 2018 and 2019.

Alternative Investments & Infrastructure

• Mubadala made a AED 55.1 billion (US $15 billion) commitment to the US $100 billion SoftBank Vision Fund, the world’s largest dedicated technology investment vehicle.
• Mubadala opened its first U.S. office in San Francisco, to support its Venture Capital business which will oversee early growth investments and manage the Softbank Vision Fund investments.
• Ardian, the world-class French private equity investment company, confirmed it would commit up to AED 9.1 billion to private equity funds managed by Mubadala Capital.
• Mubadala continued to invest in its world-class healthcare facilities, which saw substantial growth across 2017:
  • Cleveland Clinic Abu Dhabi recorded 475,319 patient visits and performed 13,372 surgical cases. The multi-specialty hospital also achieved a major medical landmark with the country’s first full multi-organ transplant. This landmark moment for tertiary transplant medicine in the UAE, and the region, included a heart, lung, kidney and split-liver transplant.
  • Healthpoint recorded 319,870 patients visits and physicians performed 4,891 surgical cases.
  • Imperial College London Diabetes Centre (ICLDC) recorded an 18% increase in patient activity with a total of 326,684 patient visits, and the new Zayed Sports City branch reached breakeven point after only three months of operation.

Petroleum & Petrochemicals

• Nova Chemicals announced the acquisition of one of the largest petrochemicals facilities in the U.S., the olefins plant in Geismar, Louisiana, for AED7.7 billion (US$2.1 billion), marking a major entry into the U.S. Gulf Coast market.
• Borealis and ADNOC, working through the Borouge joint venture, announced plans to extend and expand petrochemical activities in Ruwais, through the building of the Borouge 4 polyolefin facility and an Engineering, Procurement & Construction tender for the new Borstar® polypropylene plant, PP5.
• In November 2017, Cepsa and ADNOC signed an agreement to evaluate a new world-scale LAB complex in Ruwais, Abu Dhabi, expected to be operational in 2022. Cepsa is the world’s leading producer of Linear Alkylbenzene (LAB), the main raw material used to make biodegradable detergents, producing 600,000 tonnes annually equating to 15% of global production. ADNOC and Cepsa bring complementary strengths to the project; ADNOC resources and expertise in the feedstock area from its Ruwais refinery, and Cepsa’s LAB technology and market knowledge.

Technology, Manufacturing & Mining

• EGA produced a record 2.6 million tonnes of cast metal in 2017, exceeding 2016’s production and making EGA the third largest producer of primary aluminium outside China. EGA also opened its first office in China and continues to make progress on two major value chain integration projects including; a 2 million ton alumina refinery at Al Taweelah, Abu Dhabi, and a 12 million ton bauxite export mine in Guinea.
• Mubadala sold 85 million shares worth 4.18 billion dirhams ($1.139 billion) in Advanced Micro Devices (AMD). Mubadala retained a 12.9% stake in AMD and remains the largest shareholder.
• GLOBALFOUNDRIES successfully ramped up its most technologically advanced facility at Malta, in upstate New York, delivering 14nm technology to some of the largest fabless players in the industry at best-in-class product yields. The company is also building an advanced 300mm semiconductor fab in Chengdu, China. The construction of the fab is on track to be completed in 2018.

Notes:

Mubadala Investment Company results incorporate the Mubadala Development Company (MDC) and International Petroleum Investment Company (IPIC) financial statements for 2017 as legal entities with ongoing reporting obligations under the umbrella of the new Mubadala Investment Company Group. As part of an ongoing financial restructuring process related to the merger, a new non-public vehicle was established by Mubadala Investment Company to hold Mubadala’s sovereign investment partnerships and other investments, which includes the SoftBank Vision Fund.

In March 2018, it was announced that the Abu Dhabi Investment Council (ADIC) will join the Mubadala Investment Company Group. Unlike MDC and IPIC, ADIC is not required to publish its financial results.

*Figures do not include Abu Dhabi Investment Council financials.

**2016 figures are pro forma and represent an aggregation of MDC and IPIC 2016 reported numbers

Christian Sewing, Chief Executive Officer, said: “We are on a good track both in the DWS asset management business and in our Private & Commercial Bank, although we need to substantially improve profitability in both. Our Corporate & Investment Bank is also doing well in some areas and held or gained market share in certain areas. However, we are not strong enough in other areas of this business. Therefore we have to act decisively and to adjust our strategy. There is no time to lose as the current returns for our shareholders are not acceptable.” Deutsche Bank (XETRA: DBKGn.DE/NYSE: DB) reported income before income taxes of 432 million euros, versus 878 million euros in the first quarter of 2017. Net income was 120 million euros, versus 575 million euros in the prior year period. Revenues were down slightly, and were impacted by exchange rate movements. In the first-quarter of 2018, net revenues were 7.0 billion euros, down 5% versus the prior year period. The year-on-year development was primarily driven by exchange rate movements, notably the appreciation of the euro against the US dollar, and lower revenues in the Corporate & Investment Bank. The prior year quarter was negatively impacted by Debt Valuation Adjustments. Adjusted costs were essentially stable, and up slightly on an FX-adjusted basis. Noninterest expenses were 6.5 billion euros in the quarter, up 2% versus the prior year period. Adjusted for exchange rate movements, noninterest expenses were up 6%. Adjusted Costs were 6.3 billion euros, essentially unchanged on a reported basis, and up 4% taking account of exchange rate movements. Current -quarter adjusted costs included bank levies of 0.7 billion euros. Bank levies increased by 124 million euros or 23% year-on-year, mainly driven by industry-wide higher annual contributions to the Single Resolution Fund, for which the full-year estimate is recorded in the first quarter. IT costs were higher by 86 million euros, or 118 million euros on an exchange rate adjusted basis, driven by depreciation charges on self-developed software, IT investments in the Private & Commercial Bank and investments to modernise IT infrastructure. Compensation and benefits expenses were slightly lower, as lower headcount and lower retention accruals more than offset wage inflation. Credit quality remained strong. Provision for credit losses of 88 million euros declined by 34% versus the prior year quarter, partly reflecting releases in the Corporate & Investment Bank, driven primarily by favourable developments in the shipping segment. The capital ratio remains solid. The Common Equity Tier 1 (CET1) ratio was 13.4% at the end of the first quarter, versus 14.0% at the end of 2017. CET1 capital declined by 1 billion euros, or 0.7 billion euros net of FX, largely due to adjustments including the treatment of irrevocable payment commitments to the Single Resolution Fund, adoption of the IFRS 9 accounting standard, and a number of other smaller movements. These were partly offset by a capital benefit from the partial initial public offering of DWS. Risk weighted assets (RWA) rose by 10 billion euros to 354 billion euros in the quarter, principally driven by business-related RWA growth in the Corporate & Investment Bank, together with a rise in market risk RWA against a backdrop of higher market volatility. The leverage ratio (CRR/CRD 4 fully loaded) was 3.7%, compared to 3.8% at the end of the fourth quarter of 2017. Progress on the execution of strategy during the first quarter of 2018 The bank made progress with the implementation of its strategy in a number of areas during the quarter. The initial public offering of the asset management business, DWS, was successfully completed in March, only a year after its announcement. The bank continued to focus its geographic perimeter, reaching agreement on the sale of retail operations in Portugal, following the announcement in the previous quarter of the partial disposal of the bank’s Polish retail operations. The integration of Postbank and Deutsche Bank’s Private & Commercial Clients business in Germany is proceeding on schedule. The bank has now received confirmation from the European Central Bank that the merged entity may apply the capital waiver permitting more efficient liquidity management for Deutsche Bank. Progress was also made on securing other approvals for the merger from the German authorities which are expected during the second quarter. First-quarter revenue development in Deutsche Bank’s businesses Corporate & Investment Bank (CIB): Revenues were 3.8 billion euros, down 13% year-on-year. Revenues in all business units were lower year-on-year. This development was partly impacted by specific effects, including exchange rate movements, changes in funding allocation methodology introduced in the second quarter of 2017, and one-time items in both the current quarter and prior year period. These were partly offset by the positive year-on-year impact of debt valuation adjustments. Excluding these items, revenues declined 11% year-on-year. In our Sales & Trading businesses, Fixed Income and Currencies (FIC) revenues were down 16%, or 12% when adjusted for the specific effects mentioned above, versus a relatively strong prior year period. Equity Sales & Trading revenues declined 21% on a reported basis but were broadly flat year-on-year when adjusted for specific effects mentioned above, which included a one-time gain on the sale of a stake in BATS, the stock exchange operator, of approximately 80 million euros in the prior year quarter. Global Transaction Banking revenues declined by 12%, partly reflecting the exchange rate impacts and changes in funding allocation methodology mentioned above, with Cash Management revenues impacted by earlier perimeter reductions. Revenues in Origination & Advisory were down 27% year-on-year against the backdrop of a decline of approximately 25% in euro terms in the industry fee pool versus the prior year period (source: Dealogic). Private & Commercial Bank (PCB): Revenues were 2.6 billion euros, down 2% year-on-year on a reported basis. This development was largely attributable to specific one-time gains in the prior year quarter, which exceeded the net positive impact of specific items in the first quarter of 2018 by approximately 80 million euros. The prior year quarter saw positive impacts related to the workout of legacy positions in Sal. Oppenheim and the sale of Private Client Services. The current quarter saw a gain from a property sale within Postbank, offset by negative impacts from the agreements related to the sale of the Portuguese operations and partial sale of the Polish operations. When adjusted for these items, revenues were essentially stable year-on-year as higher loan revenues offset the ongoing impact of lower interest rates as well as the impact of the implementation of MiFID II. Asset Management (AM): The Asset Management segment now consists almost entirely of the business of the majority owned subsidiary DWS. The results of the Asset Management segment, however, include certain items which are not part of the public company, DWS, whose results are published separately today. Asset Management revenues were 545 million euros, 10% lower year-on-year. This development was partly driven by exchange rate movements, a loss related to the sale of the German private equity business in the current quarter, and the non-recurrence of revenues in the prior year period from disposals of non-core businesses. Adjusting for these items, revenues declined 3% year-on-year. The segment reported net asset outflows of 8 billion euros, attributable mainly to outflows of predominantly low-margin assets, specifically redemptions from two clients: a US client repatriating balance sheet investments to the US following the implementation of US tax reform and a redemption from a European insurance client. Assets under management declined 3% during the quarter, reflecting net outflows together with foreign exchange and market impacts. In Europe, DWS ranked second in inflows of exchange traded products in the quarter with inflows of 3.6 billion euros (Source: ETFGI). Note: for exchange rate-adjusted year-on-year comparisons, prior year figures are recalculated using the corresponding current year’s monthly FX rates. The complete media release is available in the download area: Details on our quarterly results on our IR page An analyst call to discuss first-quarter 2018 financial results will take place today, Thursday, 26 April 2018, at 08.00 CEST. This conference call will be transmitted via internet: www.db.com/quarterly-results A Fixed Income investor call will take place on Wednesday, 2 May 2018, at 14.00 CEST. This conference call will be transmitted via internet: www.db.com/bondholder-presentations An Interim Report, a Financial Data Supplement (FDS), presentation and audio-webcast for the analyst conference call are available at: www.db.com/quarterly-results The Deutsche Bank Pillar 3 Report, March 2018 (produced on a quarterly basis from now) as well as the “Disclosures for Global Systemically Important Institutions (G-SIIs) 2017” are both published today and are available at: www.db.com/regulatory-reporting This document contains non-IFRS financial measures. For a reconciliation to directly comparable figures under IFRS, to the extent not provided herein, please refer to the Financial Data Supplement. About Deutsche Bank Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific. This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events. By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement. Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our revenues and in which we hold a substantial portion of our assets, the development of asset prices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other risks referenced in our filings with the U.S. Securities and Exchange Commission. Such factors are described in detail in our SEC Form 20-F of 16 March 2018 under the heading “Risk Factors”. Copies of this document are readily available upon request or can be downloaded from www.db.com/ir.

Just as improvements to the steam engine transformed societies during the Industrial Revolution, quantum leaps in mobile technology are redefining our experiences in the Information Revolution. From the way we work, play, learn, and even love, almost everything we do revolves around smartphones, tablets and wearable devices. All signs show that our reliance on mobile technology will continue to grow exponentially. By 2025, it’s estimated that the average person will interact with connected devices once every 18 seconds.¹ At Samsung, we call this oncoming transformation the Next Mobile Economy. History tells us that in order for a technological revolution to occur, businesses and organizations of all sizes must adapt to its demands. Samsung is dedicated to help prepare companies of all sizes seize opportunities and overcome the challenges that come with a constantly-evolving mobile landscape. This is why we presented our vision of the Next Mobile Economy at TED2018: The Age of Amazement in Vancouver, Canada to kickstart a global conversation on its implications and potentials.

An Open Vision: Experience New Mobile Economy at Social Space

 

 

At its core, the Next Mobile Economy is about transforming businesses by pushing  the boundaries of how we work. This begins with businesses and organizations embracing openness in mobile solutions throughout four key pillars that make up the Next Mobile Economy – a goal which led Samsung to set up Social Space at TED2018, an interactive area designed to foster discussions.

Open Yet Secure

In the Next Mobile Economy, businesses will see an unprecedented increase in the speed and volume of data transactions. While this will enable more seamless operations, it also leaves companies at risk of security breaches and leaks.

Open Yet Controlled

Prevention starts with finding mobile solutions that are open yet controlled and secure. These systems will allow IT managers to update and configure mobile devices remotely, while ensuring sensitive data is protected from potential cyberattacks.

Open Customization

While delivering bespoke services is widely recognized as a key to success, few companies consider customizing their internal and B2B technologies as equally important. But relying on off-the-shelf software and systems will be insufficient in the Next Mobile Economy, as businesses which implement tailored solutions from top to bottom will have a head start.

Open Collaboration

To develop customized mobile solutions and future-ready systems, companies need to establish open collaboration with their technology partners. The principle of open collaboration also has to extend to the technological tools in future workplaces. Equipping workers with mobile devices which encourage collaboration will be vital in creating greater flexibility and enhancing efficiency.

Beyond a Slogan: New Mobile Economy in Action

The ideas and values of the Next Mobile Economy may seem far-fetched for some. But a closer look at the burgeoning mobile ecosystems at leading companies and organizations shows that the paradigm shift is already happening, generating transformative results. One such example is the Mobile Policing Program launched by the Surrey & Sussex Police Force in the UK. This police force worked closely with Samsung as its mobile partner to tailor, integrate and roll out secure mobile devices for police officers, which in turn are a vital means of collaborating in-field. Through these devices, the force reports improved sharing of vital information between county control rooms and officers on duty, emphasizing the future benefits such a collaborative approach could provide UK-wide policing. “Our mobile program has allowed greater co-operation between forces and means we can utilize our officers more effectively,” Shane Baker, Chief Inspector and head of digital transformation for Surrey & Sussex Police explains. “We see mobile as the tool to further unify and collaborate on the front line, bringing police forces together to ensure the public’s safety and experience of the police is joined up across the UK.” Both now and in the future, the control of certain enterprise mobile devices will be paramount to public safety. “Control of our mobile devices is absolutely important for us, given the nature of what we do,” states Baker. “We have had devices lost in the field and through using EMM systems such as Samsung Knox, we have been able to remotely wipe devices to ensure information and data isn’t released to the public.” For Chief Inspector Baker and his police colleagues, the additional layer of control provided by Samsung Knox has instilled greater confidence to use mobile devices in the field, enabling police officers to make more informed decisions at critical moments, with the knowledge that their devices are protected should they be damaged, lost or stolen.  

A Mobile Future: Solving Challenges and Creating Opportunities

While the foundations of the Next Mobile Economy are firmly in place, there are still more questions than answers on where the latest phase of digital revolution could take us. Only a multi-disciplinary global dialogue can help us maximize the full potential of this transformation. At TED2018, Samsung began laying the groundwork for such a platform. Gathering dozens of leading figures in key global industries, we led a three-day workshop to explore the use of mobile technology to solve problems and create opportunities. Through hours of engaging dialogue, the workshop generated fascinating insights on the future of New Mobile Economy in a wide-range of fields. Participants from the healthcare sector, for example, saw the potential of cloud technology to improve the accuracy and speed of gathering patients’ medical history. Artificial intelligence, meanwhile, could be used to analyze and improve urban traffic management. At the same time, the workshop served as a timely reminder that the Next Mobile Economy is still very much a work in progress. Debates raged on over potential technical and ethical problems that could arise from greater reliance on mobile technology. Control over information accuracy, the global digital divide and sources of funding for mobile infrastructure were among a long list of issues tackled during discussions. All technological revolutions are a product of collective actions, and the success of the New Mobile Economy will be no different. The conversations at Samsung’s Social Space and workshops are only the beginning of realizing a mobile future. To learn more about the Next Mobile Economy, please visit this link.