The presentation from the keynote address delivered by H.E. Dr Hessa Al-Jaber, Minister of Information and Communications Technology, State of Qatar at the 2015 installment of the Euromoney Qatar Conference in Doha.

1. Disruptive Innovation …
Shaping Qatar’s Digital Future
The Euromoney
Qatar Conference
9-10 Dec 2015

2. 2
While Qatar has made great strides in growing digital industries there are ways this growth
can be accelerated to support diversification of the economy
Digital Qatar – Background
Strategic Questions in Scope
… key questions need to be
answered to accelerate the impact
of digital capabilities on economic
growth..
How can we build upon
existing ICT investment and
market momentum to catalyse
Digital growth?
Situation
Qatar has been developing and enabling
its digital capabilities…
>500 Million USD
National high speed broadband
investment*
4 Smart City Initiatives, for
example Lusail and Msheireb
Ranked 23rd Globally
On the Network Readiness Index**
E-Government
Large projects to enable the
digital government services over
the last five years
Doubled GDP Contribution
between 2010 and 2013***
**Global Information & Technology Report 2014
***Qatar Information Exchange www.qix.gov.qa

3. 3
Seven foundational technology innovations provide longevity and agility to digital ecosystem
development
Digital Trend Analysis – Technology Innovation
Technology
innovation
Social and business
model innovation
Industry disruption
Sensing AI and
Machine
Learning
3D PrintingAdvanced
Robotics
Bioinformatics
and Synthetic
Biology
Infinite
Computing
Foundational technology
innovations are:
Exponential: Having in price
and doubling in power every 18 –
24 months
Building blocks: which
converge to underpin digital
trends today (e.g. IoT) and
tomorrow
Future proof: Re-shaping
industries and markets over the
next 10+ years
Networking and
Communications

4. 4
Social and business model innovations are combining with technology innovation to create
entirely new business opportunities
Digital Trend Analysis – Social & Business Innovation
* Note: Indicative, not exhaustive
Technology
innovation
Social and business
model innovation
Industry disruption
Social and business model
innovations are:
Providing a platform to engage,
connect and influence more
people than ever before
Creating more incentives for
openness and ecosystem
collaboration
Fundamentally changing the way
industries deliver services
Creating new ways to monetize
services
Expanding access to talent,
capital and solutionsCrowdsourcing Crowdfunding Sharing economy
Open platform
ecosystems
Outcome economy

5. 5
The pace and magnitude of technology, social and business innovation is
disrupting established ways of creating value, interacting and doing business
Digital Trend Analysis – Industry Disruption
Technology
innovation
Social and business
model innovation
Industry disruption
Industry disruption:
New digital first market
entrants displacing incumbent
providers
A blurring of traditionally well
defined industry boundaries in
new ‘digitally contestable
markets’
Shark-fin business lifecycles
with rapid scaling and decline
The “Kodak” moment
Year: 1996
Employees: 140,000
Market Cap: $28 bn
Year: 2012
Employees: 17,000
Market Cap: Bankrupt
Founded: 2010
Sold: 2012
Employees: 13
Market Cap : $1bn
The pace of change
Fortune 500 tenure
1958 61 years
1980 25 years
2015 < 18 years
Source: Accenture Technology Vision 2015

6. 6
Foundational technologies are the building blocks which underpin the digital mega trends of
today and tomorrow, providing on-going ecosystem agility
Digital Trend Analysis – Landscape
Networking and
Communications
AI and
Machine
Learning
3D
Printing
Advanced
Robotics
Bioinformatics
and Synthetic
Biology
Infinite
Computing
Internet of
Things
Foundational technology innovations that underpin a future-proof digital ecosystem
Mobility Big Data
Decentralised
Production
Biological OS
Current Focus Trends Future Focus Trends
Sensing
Augmented
Workers
Cyber
security

7. 7
The key intersections between technology and industry where the greatest opportunities for
digital transformation lie
Disruptive Industry Trends
FoundationalTechnologyInnovations

8. 8
Disruptive Industry Trends
Implications for Qatar
Establishing a nation-
wide mobile payment
capability has potential
for a significant
multiplier effect on other
industries (e.g. retail)
1
Technology innovation
could enable quick and
low cost solutions to
satisfy a growing
demand in the region
for online banking
services
2
Financial Services
Bank of
Things
Automated
investing
Bank as a
Platform
Social media
market tracking
Robotic customer
assistance
Banking
commoditisation
Mobile wallet
Social media
listening
Advanced
cyber security
Real time
market risk
management
Robot staffing in
Japanese bank
Dark web scanning and
machine learning
helping protect from
cyber attacks
Artificial intelligence
in supporting trading
decisions
Free stock
broking
Open source
communities
Social
investment
network
Crowd-
Funding ventures
Payment
revolution
Open bank APIs to facilitate
ecosystem growth
Advanced risk
management
Crowd funding
investments
Halifax is trialling
using heart beat
sensors to secure
online banking
Crowd-funding offers
significant opportunity
to bridge the “missing
middle” in financing but
has significant
challenges to overcome
to fit within the local
cultural context
3
Industry digital trendsPrimary technology innovation
Example applicationExample social and business
model innovations
Cryptocurrencies
Digital peer-to-
peer currencies

9. 9
WEF have identified six important themes that cut across functions and
touch multiple clusters of innovation
• Streamlined Infrastructure- Emerging platforms provide new ways to aggregate and analyse
information, improving connectivity and reducing the marginal costs of accessing information and
participating in financial activities
• Automation of High-Value Activities - Many emerging innovations leverage advanced algorithms and
computing power to automate activities that were once highly manual, allowing them to offer cheaper,
faster, and more scalable alternative products and services
• Reduced Intermediation - Emerging innovations are streamlining or eliminating traditional
institutions’ role as intermediaries, and offering lower prices and / or higher returns to customers
• The Strategic Role of Data - Emerging innovations allow financial institutions to access new data
sets, such as social data, that enable new ways of understanding customers and markets
• Niche, Specialised Products - New entrants with deep specialisations are creating highly targeted
products and services, increasing competition in these areas and creating pressure for the traditional
end-to-end financial services model to unbundle
• Customer Empowerment - Emerging innovations give customers access to previously restricted
assets and services, more visibility into products, and control over choices, as well as the tools to
become “prosumers
The Future of Financial Services, WEF June 2015