Sources: Dubai School of Government, Arab Social Media Report • In 2014, Economist Intelligence Unit conducted a study on business and social impacts of hyperconnectivity - a term that describes the intense connectivity between people, places, things and organizations enabled by the Internet, mobile technology and the Internet of things • The internet of things is enabling manufacturers to turn to data-driven smart manufacturing allowing shorter, more customized production runs. • The Internet is worth more to the global economy (in terms of GDP) than traditional industries such as agriculture or energy Sources: Economist Intelligence Unit: The Hyperconnected Economy, 2014 Port 2050 Scenario Update Initiative - 2015 54