GITEX: Middle Eastern IT leaders confront challenges to AI deployment

AI took centre stage at GITEX 2021, the Middle East's biggest tech conference, with a host of industry and government representatives highlighting how enterprises and municipalities are using artificial Intelligence to enhance public services and create new business opportunities.

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IDG

AI took centre stage at GITEX 2021, the Middle East's biggest tech conference, with a host of industry and government representatives highlighting how enterprises and municipalities are using artificial Intelligence to enhance public services and create new business opportunities.

Analytics based on advanced AI techniques like machine learning are being deployed by  enterprises in various business sectors, healthcare providers, and public administrations throughout the Middle East. Recognizing the importance of AI to economic growth in the region, GITEX, which closed its doors last week, was held under the motto 'GITEX Global x AI Everything'.

Globally, AI is certainly gaining momentum in business. AI will enhance business productivity and add US$15.7 trillion in value to the global economy by 2030, according to PwC, which estimates that of this amount, the Middle East's share will be 2%, or $320 billion.

"In absolute terms, the largest gains are expected to accrue to Saudi Arabia where AI is expected to contribute over US$135.2 billion in 2030 to the economy, equivalent to 12.4% of GDP. In relative terms the UAE is expected to see the largest impact of close to 14% of 2030 GDP," according to a PwC report.

The overwhelming majority of top managers of large companies associate the next technological revolution with AI, judging from GITEX speakers and attendees who shared their own experiences with the technology and offered tips on what CIOs need to consider before becoming an AI conduit for their companies.

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