The Kingdom’s motivated drive towards harnessing next-gen technologies is a sure testament to the nation’s inexorable commitment to embracing the future. While 52% of organisations in the country are switching from traditional business models to agile digital ones, its Ministry of Economy & Planning has signed a MoU with the Saudi Data & AI Authority (SDAIA) to incorporate data analytics & AI for enhanced business efficiency and economic growth.
At a time when Saudi Vision 2030 is gradually taking the focus away from hydrocarbons and preparing the nation for Industry 4.0, the above move is darting towards revolutionizing industries, empowering populace, and diversifying the economy. Given the current situation, it’s forecasted that Saudi’s data analytics market will reach $8,845.1 million by 2030 and on the other hand AI is projected to add more than $135.2 billion to the economy in 2030.
With the objective of leveraging data as a strategic asset, the idea is to make the Kingdom the biggest beneficiary of data-driven technologies in the Middle East.
Paying heed to the above, Tradepass is bringing Smart Data & AI Summit to Saudi Arabia on 27 – 28 May 2024 in JW Marriott Riyadh. The summit will attract 300+ Big Data Analytics & AI professionals including but not limited to CDOs, CIOs, Heads of IT, Data & Business Intelligence, Modelling & Mining, Analytics, Directors of AI, Machine Learning, Robotics, and a lot more.
Riyadh to host World Expo 2030
Saudi’s data analytics market by 2030
AI is projected to add to Saudi’s economy in 2030
Organisations opting for digital business models
Projected CAGR for data analytics between 2022 to 2030
Projected contribution by AI to Saudi’s GDP in 2030
Presenting the top inspiring names from the industry at the main stage to share crucial intelligence on the most pressing topics, which gets further enriched by a Q&A session.
It showcases thought leadership and cutting-edge knowledge for the growth of the entire business community. A perfect platform that projects the pulse of the industry.
Enabling the organisations to showcase their best to the many pre-qualified delegates at the event in real-time. The provision of using technology just adds on to the whole demonstration and helps in driving more leads from the top companies across the industry.
It’s specifically tailored for the organizations to get in the eyes of the region’s biggest stakeholders and uplift their overall brand image.
Riyadh, 27th March 2024: Characterized by an impeccable fusion of AI with analytics-driven solutions, the Kingdom of Saudi Arabia is undergoing myriad tech advancements
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The post-oil economy has given rise to a plethora of next-gen tech initiatives in the Kingdom. While futuristic smart cities and evolving datacentres are just to name a few...
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Evolving as the biggest market for technology innovation in the Middle East and North Africa, the Kingdom has taken a bold initiative in the AI space.
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While fulfilling escalating demands from numerous industries such as financial services, IT, healthcare, smart city, and others, the Kingdom is racing to get the best business insights from data.
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March 19 (Reuters) - Saudi Arabia's government plans to create a fund of about $40 billion to invest in artificial intelligence, the New York Times reported on Tuesday, citing three people briefed on the plans.
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The fund would make the Gulf state the world’s largest investor in AI and help the kingdom realize its Vision 2030 agenda to diversify the economy away from oil..
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A wider application of artificial intelligence (AI), demand for greater efficiency and innovation in data centres, consolidation, wider accepatance of cryptocurencies, higher focus on....
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We released a new market study on “Saudi Arabia Chatbots Market” Research Report 2023-2032 Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy..
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The World Economic Forum has inducted 21 manufacturing operations into its Industry 4.0 hall-of-fame based on their usage of sundry digital tech, notably AI, to raise productivity..
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There has been a shift to omni-channel media, merging traditional and digital strategies, which has lead TV networks to diversify content across platforms.
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Technology has emerged as a key enabler to sustainability success, and its role will only continue to grow with the advent of more sophisticated AI tools....
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Scientists say they have developed an artificial intelligence (AI) model which would efficiently interpret and recognize the behavior of certain factors in seismic-prone regions to forecast earthquakes before their occurrence.
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RIYADH: Saudi Arabia was creating the perfect environment for entrepreneurs and innovators to thrive in the digital and artificial intelligence sector, a leading Russian data science expert has said.
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Beamtree, ASX-listed provider of health technology solutions, has entered into a strategic partnership to roll out its AI data and decision support products in the Kingdom of Saudi Arabia.
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Artificial intelligence will not replace physicians, but rather empower them to match Saudi Arabia’s rapidly modernizing healthcare system, the Chief Information Officer of one of the Kingdom...
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McKinsey & Company has launched its QuantumBlack subsidiary in the Middle East, opening for business from the firm’s offices in Egypt, Saudi Arabia and the United Arab Emirates.
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Saudi Arabia ranked first in the world in the Government Strategy Index for Artificial Intelligence (AI) – one of the indicators of the global classification of AI compiled by Tortoise Intelligence.
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SAN ANTONIO, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Saudi Data and AI Authority (SDAIA), a government agency with a mission to unlock the value of data as a national asset, today.....
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Protecting personal information becomes more crucial as technology develops and businesses try to reach new markets. Growing worries about Microsoft’s and Google’s data privacy policies in Saudi Arabia have been raised...
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The Saudi Awwal Bank has announced its strategic partnership with Quant, a data science company specializing in artificial intelligence and data analytics for the retail and real estate sectors..
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PALO ALTO, Calif., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Striim is thrilled to announce the expansion of its strategic partnership with Google Cloud, now generally available within th...
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Orange Business, the enterprise division of Orange, has signed a deal with the King Abdullah Financial District Development & Management Company (KAFD DMC) to design, build and run a Smart..
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In today’s digital era, data stands as the most precious asset for businesses, playing a pivotal role in their success. For enterprises in the United Arab Emirates (UAE) and the Kingdom of Saudi A.....
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Orange Business won a contract to build and run a smart city platform integrating AI and data analytics for a large business district in Riyadh, Saudi Arabia, a project it indicated would use next level digital urban infrastructure.
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Infosys said on Monday, that it has signed a Memorandum of Understanding (MoU) with Saudi Arabian petroleum and energy company Aramco, to collaborate on human resource (HR) technology.
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The Saudi Data and Artificial Intelligence Authority boasts a diverse portfolio of unique digital initiatives and projects, encompassing datasets, sustainability solutions, energy efficiency progra....
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Tech Mahindra has signed a memorandum of understanding (MoU) with the Ministry of Communication and Information Technology (MCIT), Saudi Arabia, to establish a Data & AI....
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Global technology giants Google and Intel discussed expanding strategic partnerships with Saudi Arabia in various fields including Artificial Intelligence (AI), and Cloud Computing.
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Orange Business, the enterprise division of Orange, has signed a deal to tie together existing digital systems and internet-of-things (IoT) technologies in the King Abdullah Financial District (KAFD) in the Al Aqeeq area of Riyadh, and wrap it up in new data analytics and AI Services.
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Tech Mahindra has signed a memorandum of understanding (MoU) with the Ministry of Communication and Information Technology (MCIT), Saudi Arabia, to establish a Data & AI and a Cloud Centre of Excellence (CoE) in Riyadh.....
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The agreement is with the King Abdullah Financial District Development and Management Company and covers the deployment of the infrastructure, system integration and collaborations to develop fresh use cases for the platform.....
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RIYADH: Saudi Arabia will showcase its achievements in building smart townships at a global event in Spain through the participation of its artificial intelligence authority.....
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Saudi Arabia has made major savings and taken technological leap forward since formation of AI and data authority.....
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The director of the National Information Center at the Saudi Data and AI Authority (SDAIA), Dr. Esam bin Abdullah Al-Wagait, confirmed that the Kingdom of Saudi Arabia has launched initiatives in the field of smart cities....
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Digitalization of the U.S. energy industry has revolutionized how utilities approach grid management and engage with consumers in an evolving landscape....
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RIYADH — A delegation of various sectors at the Saudi Data and Artificial Intelligence Authority (SDAIA) visited South Korea between Feb. 27 and March 3, 2023, during which delegates met with several officials from the public and private sectors to exchange knowledge and expertise in data and .....
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In an effort to increase productivity and efficiency, countries across the world are racing to integrate artificial intelligence (AI) into their public administrations and economic sectors. Several nations in the Middle East, including Saudi Arabia....
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"Data is the single most important driver of our growth and reform and we have a clear roadmap for transforming Saudi Arabia into a leading AI and data-driven economy,” said Dr Abdullah bin Sharaf Al Ghamdi, president of SDAIA"....
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