The future is in digital multimedia, led by an explosion in online video, says Google Gulf
Source: BI-ME , Author: Posted by BI-ME staff
Posted: Thu February 16, 2012 11:00 am

QATAR. Digital multimedia is set to explode in coming years, with experts predicting that 90% of all content on the web will take the form of video by 2015, said Google’s Industry Head of the Gulf in a recent interview.

Alfonso de Gaetano of Google spoke with Northwestern University in Qatar student Yara Fakhroo in an exclusive interview about the rise of digital multimedia—a combination of text, audio, still images, animation, or video delivered electronically—and its social and business implications during a visit to Doha earlier this month.

“Being digital needs to be a key part of your strategy whenever you want to communicate something,” said Gaetano, adding that simply having a blog or website no longer guarantees that your digital voice will be heard. 

With nearly 8.7 billion pages of content currently on the Web, “it has become more difficult to be visible on the web,” Gaetano told Fakhroo. Individuals and companies must develop digital literacy and fluency across media platforms to cut through the clutter of information available to audiences and consumers today.

Dean and CEO of Northwestern University in Qatar, Dr. Everette Dennis, commented, “Our mission is to create a talent bench for Qatar and the region as we prepare our students for leadership in the digital, global 21st century economy. Engaging the leaders of the media industry is one of the most effective ways for our students to gain insights into the exciting opportunities that await them.”

“As a media student I am inspired rather than intimidated by what Alfonso had to say,” commented Fakhroo, adding, “At Northwestern we are trained to operate across a variety of mediums, and I feel well prepared to navigate the competitive media environment that we will face upon graduation.” 

As part of her Journalism major at Northwestern University in Qatar, Fakhroo was required to take a Visual Journalism class during her sophomore year that had her report complex stories with still and video cameras and the latest editing software. She thinks this is one of the key NU-Q courses that help students begin to develop the digital media skills and knowledge that will be in such high demand in the region over coming years.

Mohammed Rezwan al-Islam, an early graduate from the NU-Q Communication program, is already putting those skills to use as a social media expert at Fuego Digital Media, one of Canada’s leading internet application development companies, with an office in Qatar.

“The approach, curriculum and facilities at NU-Q are geared towards creating the next generation of story tellers who can deliver a message tactfully, with evidence, and with great aesthetics. This background in media and communication studies coupled with an extensive technical and production education are the main drivers in my daily responsibilities as a Social Media Specialist,” says al-Islam.

During his interview with Fakhroo, Gaetano also highlighted the need for expanding quality Arabic content on the web, saying, “We need to make sure people in the region have access to relevant content in the language they speak.”

Although 50% of people’s media time is spent on the web in the Gulf region, only about 1.5% of all content on the Internet is in Arabic.

Fakhroo, who is a Qatari national, sees great potential for her and other young people in the region to fill this gap.

“This is why Northwestern’s programs are here, it’s what our studies are preparing us for – to create quality content for Qatar and the region that engages people’s interest and is relevant to their lives,” Fakhroo added, a conviction that she says was only deepened by last semester’s visit from Her Highness Sheikha Moza bint Nasser with NU-Q students.

At the September 2011 session, Her Highness Sheikha Moza expressed her support for growing media professions in Qatar, and encouraged students to create their own outlets for delivering content in Arabic and English where they see opportunity.

About Northwestern University in Qatar
Northwestern University in Qatar was founded in 2008 by parent organization Northwestern University in Evanston, Illinois, USA in partnership with the Qatar Foundation.

NU-Q draws on Northwestern University’s distinguished schools of communications, journalism, and liberal arts to educate students for leadership positions in the rapidly evolving global media industry. As part of its active role in the development of a 21st century knowledge-based economy in Qatar, NU-Q engages in research, thought leadership, and service relevant to Qatar, the Middle East, and the global community.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 17, 2014
KUWAIT. According to a newly released report by Kuwait Finance House Research, the global sukuk market saw a modest volume of US$31.14 billion in new sukuk issuances in 1Q2014. This volume represents a drop of 9.82% compared to US$34.53 billion worth of issuances in 1Q13.
date:Posted: April 16, 2014
INTERNATIONAL. The WGC pointed out that the Chinese bank savings amount to US$7.5 trillion but only about US$300 billionn is allocated to gold, signifying the potential for gold demand to grow as Chinese wealth climbs.
date:Posted: April 16, 2014
UAE. "A similar drop to 2013 is unlikely. Those who wanted to get out of gold did, and the rest of 2014 will probably be a year of sideways trading."
dhgate