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In today’s fast-evolving business landscape, environmental, social and governance (ESG) criteria have become fundamental to corporate responsibility and long-term success. This article delves into the transformative potential of AI, genAI and blockchain to drive sustainable innovation.
The program, known as Project Transcendence, marks a significant push by the Kingdom to develop a robust AI ecosystem that can rival leading tech hubs, including neighbouring United Arab Emirates and other global technology centers. billion in a global super-scaler cloud, and Oracle investing $1.5
Most IT and business executives recognize the necessity of close alignment. What really matters is determining how to fit every function together to achieve unified goals — chiefly IT and its business counterparts, given the importance technology has organizationwide. Here are 11 effective ways to reach that goal.
The Middle East is rapidly evolving into a global hub for technological innovation, with 2025 set to be a pivotal year in the regions digital landscape. AI and machine learning are poised to drive innovation across multiple sectors, particularly government, healthcare, and finance.
The survey found that people are surprisingly knowledgeable and excited about AI and business leaders should understand and not underestimate consumers when developing and deploying AI-enabled solutions. GenAI created tremendous interest, and is giving a boost to enterprise AI strategies, and promises to enable many business outcomes.
And with his almost 200 IT employees, Thomas Reitz, the company’s group CIO, sees himself primarily as a driver of innovation and transformation, and a promoter of what he calls real digitalization. Reitz has set up a global service model with hubs in three time zones that operate according to the follow-the-sun approach.
The opening of this new office in Dubai not only marks a key development for the company but also reflects its dedication to helping local businesses with their digital transformation journeys. In the years to come, Salesforces role in Dubai will likely grow, contributing to the continued development of the UAEs digital economy.
AI, once viewed as a novel innovation, is now mainstream, impacting just about facet of the enterprise. Over the next 12 months, IT leaders can look forward to even more innovations, as well as some serious challenges. As 2025 dawns, CIOs face an IT landscape that differs significantly from just a year ago.
In today’s fast-paced digital landscape, AI platforms are playing a pivotal role in reshaping industries and driving business transformation. As businesses across the UAE embark on their digital journeys, AI has emerged as a key enabler, streamlining operations, enhancing decision-making, and fostering innovation.
Digital transformation represented among the largest investments in technology to modernize businesses starting in the early 2000s. With the rise of generative AI, CEOs recognize an opportunity to shift from technology-led digital transformation to executive-led business reformation.
Innovate Shane McDaniel, CIO for the City of Seguin, Texas, says his city has grown by about 35% since the 2020 census. McDaniel says this work also creates a strong launchpad for more IT innovation in the upcoming year. Were embracing innovation, he explains. Heres what they resolve to do in the upcoming 12 months.
During the Tencent Global Digital Ecosystem Summit, held at the Shenzhen World Exhibition & Convention Center from September 5-6, Tencent unveiled a slew of cloud and Artificial Intelligence (AI) offerings, proprietary innovations, and global solutions for enterprises to advance their digital transformation efforts.
Global professional services firm Marsh McLennan has roughly 40 gen AI applications in production , and CIO Paul Beswick expects the number to soar as demonstrated efficiencies and profit-making innovations sell the C-suite. However, the higher value use cases involve new business models, which require widespread organizational change.”
Salima Bhimani has been encouraging the responsible and ethical use of AI for several years as Alphabet’s first chief strategist and director for inclusive and responsible technology, business, and leaders from 2017 to 2023. Now, we have to think about innovation as a way of really reshaping the world so that it works for everybody.
AI is clearly making its way across the enterprise, with 49% of respondents expecting that the use of AI will be pervasive across all sectors and business functions. Yet, this has raised some important ethical considerations around data privacy, transparency and data governance.
In a global economy where innovators increasingly win big, too many enterprises are stymied by legacy application systems. As a consequence, these businesses experience increased operational costs and find it difficult to scale or integrate modern technologies. The solutionGenAIis also the beneficiary.
Heineken ha anunciado en sociedad su primer laboratorio global de inteligencia artificial (IA) generativa en Singapur. Con esta maniobra la organizacin busca mejorar a partir de la IA generativa el crecimiento, la productividad y la interaccin con los clientes en las operaciones globales de la empresa.
Globally, were seeing AI as increasingly viewed as important to national security and sovereignty, so theres demand to keep AI in your geography, he says. Agus Huerta, SVP of digital innovation and VP of technology at Globant, says hes seen better performance on code generation using Llama 3 than ChatGPT.
Once synonymous with a simple plastic credit card to a company at the forefront of digital payments, we’ve consistently pushed the boundaries of innovation while respecting tradition and our relationships with our merchants, banks, and customers. Today, we’re a $450 billion company with more than 35,000 employees globally.
When Carlo Nizam joined EGA in 2021, he was tasked with leading the company’s digital transformation, a journey aimed at optimizing every aspect of the business. Each wave involves multiple business areas, from supply chain and marketing to operations, HR, and finance,” Carlo says. We look at data as a valuable commodity.
The world must reshape its technology infrastructure to ensure artificial intelligence makes good on its potential as a transformative moment in digital innovation. NTT created, alongside Sony and Intel, the IOWN Global Forum. Mabrucco also encouraged CIOs to get involved in the IOWN Global Forum.
To some consumers and businesses, alike it may appear companies are exaggerating the significance of this emerging technology. AI this, AI that The reality is that AI is here to stay and will play a massive role in the future of global technology, how consumers interact with it and the way businesses operate.
The road ahead for IT leaders in turning the promise of generative AI into business value remains steep and daunting, but the key components of the gen AI roadmap — data, platform, and skills — are evolving and becoming better defined. That was the key takeaway from the “What’s Next for GenAI in Business” panel at last week’s Big.AI@MIT
At Gitex Global 2024, Core42, a leading provider of sovereign cloud and AI infrastructure under the G42 umbrella, signed a landmark agreement with semiconductor giant AMD. This collaboration marks a significant step in driving innovation in cloud services, particularly in the MENA region.
Artificial Intelligence (AI), a term once relegated to science fiction, is now driving an unprecedented revolution in business technology. From nimble start-ups to global powerhouses, businesses are hailing AI as the next frontier of digital transformation. Nutanix commissioned U.K.
With data central to every aspect of business, the chief data officer has become a highly strategic executive. Todays CDO is focused on helping the organization leverage data as a business asset to drive outcomes.
GenAI is a megatrend that rivals the evolution of the internet itself and it is set to transform global enterprises and entire industries. NTT DATAs landmark Global GenAI Report underscores how the technology is gaining momentum. Investing in GenAI without this alignment most often will fail to deliver expected business growth.
Years into digital transformation, and decades into the IT function itself, many CIOs still fall short when it comes to innovation. Tech debt, budget constraints, and overloaded staff schedules are among the top reasons IT leaders cite for scuttled innovation attempts. Otherwise, they won’t support and fund even promising work.
Imagine that you’re a member of a cooperative that works with more than 2,100 suppliers to help you deliver your product to local and global customers. In this case, your product happens to be beet sugar used as an ingredient in your customers’ food and beverage, confectionery, and other businesses.
As the chief research officer at IDC, I lead a global team of analysts who develop research and provide advice to help our clients navigate the technology landscape. Our research indicates a scramble to identify and experiment with use cases in most business functions within an enterprise. We were full of ideas and possibilities.
According to Foundry’s State of the CIO 2024 study, technology leaders will be focused on driving digital innovation, redesigning processes, and modernising infrastructure and apps in the next three years in order to stay ahead. Tackling these requires innovation, built from a base of experience and knowledge.
Du, one of the largest telecommunications operators in the Middle East, is deploying Oracle Alloy to offer cloud and sovereign AI services to business, government, and public sector organizations in the UAE. According to Al Awadi: “The UAE’s ICT sector is not only advanced within the region but also competes on a global scale.
From October 14 to 18, Huawei will participate in the GITEX Global 2024, one of the world’s largest technology exhibitions, as a Diamond Sponsor. There, it will showcase a variety of innovative products and solutions at the exhibition under the theme “Accelerate Industrial Digitalization and Intelligence”.
As digital transformation becomes a critical driver of business success, many organizations still measure CIO performance based on traditional IT values rather than transformative outcomes. To drive change, a reworking of what defines CIO/IT success is needed, with a focus on strategic business goals, innovation, and market differentiation.
The UAE’s vision for AI is encapsulated in its National AI Strategy 2031, which aims to position the country as a global leader in AI by integrating it across various sectors. GenAI created tremendous interest, and is giving a boost to enterprise AI strategies, and promises to enable many business outcomes.
Salesforces recent State of Commerce report found that 80% of eCommerce businesses already leverage AI solutions. Enter Akeneo, a global leader in Product Experience Management (PXM) and AI tech stack solutions. So the question here isnt if AI will disrupt your business. Its whether youll right the wave or be swept away.
According to Forrester , the global digital economy will reach $16.5 trillion and capture 17% of global GDP by 2028. Similarly, PWC projects that with the broader spillover effect of technology, the digital economy can reach up to 25% of GDP globally. This is something that Huawei has been focused on for some time.
Since its inception in 2019, the Tencent Global Digital Ecosystem Conference has been showcasing Tencent’s latest technology advances, products, and solutions, and inspiring enterprises worldwide. Its sixth edition was recently held in Shenzhen from September 5-6 under the theme Intelligence Brings Opportunities, Cloud Boosts Growth.
While LLMs are trained on large amounts of information, they have expanded the attack surface for businesses. From prompt injections to poisoning training data, these critical vulnerabilities are ripe for exploitation, potentially leading to increased security risks for businesses deploying GenAI.
According to NTT DATAs Global GenAI Report , 97% of CEOs expect a material impact from the technology and 99% of respondents are planning more GenAI investment, even though only 43% of the C-suite strongly agree their existing solutions are meeting expectations. [1] NTT DATAs Global GenAI Report now. [1] 3] Preparation.
We have five different pillars focusing on various aspects of this mission, and my focus is on innovation — how we can get industry to accelerate the adoption of AI. This approach has the potential to massively scale AI talent development, not just in Singapore but globally. And you get experts who are embedded in the local community.
Spending on advanced IT Some business and IT leaders say they also anticipate IT spending increases during 2025. Although Rucker raises concerns about the global economy and rising technology costs, he says many IT spending increases will be necessary. The company will still prioritize IT innovation, however.
This forward-thinking initiative, recently approved by The Executive Council, is set to position the emirate at the forefront of emerging technologies, making it a beacon for innovation and economic growth in the digital age.
The reason for this shift is simple: While CIOs can often call on talented teams of internal IT professionals to deliver business solutions, no technology department can be expected to generate every innovation necessary to compete in a fast-moving digital age. What are we doing about the transformation of the business?’”
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