KONE shares vision of tomorrow’s ‘People Flow’ dynamics at the 5th Arab Future Cities Summit – Dubai

KONE is the official ‘Smart People Flow Partner’ for the event

KONE Corporation, a global leader in the elevator and escalator industry continues to champion the role of people flow in urban life for the progress of future cities. The company reaffirmed its support to the development of tomorrow’s cities through its participation in the 5th Arab Future Cities Summit, where KONE is the official ‘Smart People Flow Partner’. The Summit taking place from 3rd to 4th September, at Sofitel The Palm- Dubai, aims to bring together government representatives and urban mobility experts to discuss the future of smart cities.

As migration towards urban hubs continues to skyrocket, demand from new consumers will necessitate an expansion of the infrastructure which will account for the lion’s share of global investment towards building future cities. The Middle East and North Africa region is one of the most highly urbanized regions in the world, with over US$4tn worth of projects planned or under construction. By 2050, 90% of the GCC population will be urbanized which accounts for 20 million individuals more than today.1

As the people flow partner, KONE experts will shed light on major urban flow developments. Joakim Modeen, Head of Service Business, will address the urban megatrends and their effect on vertical transportation. Furthermore, he will discuss the inevitability of the use of data and cloud storage to improve urban mobility.

On the other hand, the Regional Managing Director of KONE Middle East Africa, Samer Halabi, will tackle the paradigm shift that will affect the transportation and mobility sector as the cities absorb more numbers. In fact, he will discuss the imperative need to convert vertical and horizontal transportation solutions to smart modes in order to increase effectiveness, reduce technical failures and improve the flow of urban life.

In a statement, Halabi said: “At KONE we have been exerting all our efforts in researching and devising smarter solutions that will alter the way people move in and between buildings. It is a dear topic to KONE Corporation as we have dedicated our 100 + years of operations to creating a better urban landscape.”

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“Today, we are delighted to see a government taking this initiative forward. In fact, leading the talk on the future of smart cities is crucial in facilitating the implementation of smart solutions”, he added.

Earlier this year, KONE has introduced the KONE Care™ Services that enable end users to monitor and anticipate elevator and escalators problems, through stored data, to the UAE and Qatar.

About KONE

At KONE, our mission is to improve the flow of urban life. As a global leader in the elevator and escalator industry, KONE provides elevators and escalators, as well as solutions for maintenance and modernization to add value to buildings throughout their life cycle. Through more effective People Flow®, we make people’s journeys safe, convenient and reliable, in taller, smarter buildings. In 2017, KONE had annual net sales of EUR 8.9 billion and at the end of the year over 55,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland. www.kone.ae

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