In a recent study conducted by Dell Technologies, it was found that AI and Generative AI (GenAI) are set to revolutionize industries in the UAE and Saudi Arabia (KSA). According to the research, a significant majority of respondents from both countries are optimistic about the transformative potential of these technologies.
Key Points:
– Competitive Positioning: Ninety percent of organizations in the UAE and KSA feel well-prepared competitively for AI innovation, with robust strategies in place.
– Challenges Ahead: Despite optimism, concerns over talent shortages, data privacy, cybersecurity, and budget constraints persist among high-growth firms.
– GenAI Implementation: Over half of the surveyed organizations have begun implementing GenAI, foreseeing benefits in IT security, productivity, and customer experience enhancements.
– Cybersecurity Concerns: A substantial majority have experienced cybersecurity incidents, prompting widespread adoption of Zero Trust strategies and incident response plans.
– Infrastructure Needs: Modern, scalable data infrastructure is identified as crucial for supporting GenAI initiatives, with a preference for on-premises or hybrid models.
The findings underscore a pivotal moment for UAE and KSA businesses, urging a deeper integration of innovation into corporate identities to navigate the evolving technological landscape effectively. By addressing current challenges and leveraging advanced technologies like GenAI, organizations can enhance operational efficiencies and drive sustainable growth.
Additional Insights:
– Skills Shortage: There is a recognized shortage of talent for innovation, with emphasis on AI fluency and creative thinking.
– Sustainability Initiatives: Energy efficiency and environmentally sustainable practices emerge as critical focus areas for future improvements.
– IT Collaboration: Strengthening collaboration between business and IT decision-makers is seen as essential for maximizing technological investments.