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Aligning ESG and technologicalinnovation At the core of this transformation is the CIO, a pivotal player whose role has expanded beyond managing technologicalinnovation to overseeing how these innovations contribute to ESG goals.
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 bigplayers,such as OTAs [Online Travel Agencies], are advancing in their adoption of new technologies, taking advantage of AI andbig datatools,while other actors are in earlier stages of integration, he says. In addition, Abril highlights specific benefits gained from applying new technologies.
Always on the cusp of technologyinnovation, the financial services industry (FSI) is once again poised for wholesale transformation, this time with Generative AI. GenAI-powered financial services use cases Across the sector, GenAI is empowering innovation and enabling new work patterns.
Using the lens of a superhero narrative, he’ll uncover how AI can be the ultimate sidekick, aiding in data management and reporting, enhancing productivity, and boosting innovation. The Future of Product Management 🔮 How to continuously integrate AI into your work to stay ahead of emerging trends and technologies.
The countrys initiatives focused on empowering women in technology, education, and innovation are beginning to pay off, as more female AI engineers and researchers emerge. Women in AI bring new perspectives, solutions, and ethical considerations to the development of these technologies.
The Middle East is rapidly evolving into a global hub for technologicalinnovation, with 2025 set to be a pivotal year in the regions digital landscape. Looking ahead to 2025, Lalchandani identifies several technological trends that will define the Middle Easts digital landscape.
In the UAE, 91% of consumers know GenAI and 34% use these technologies. In markets such as India, Brazil, and the United Arab Emirates, AI usage exceeds the levels in so-called mature markets. Governments like the UAE showcase robust AI engagement, with initiatives like the Falcon 2 AI model, designed to compete with Meta and Open AI.
New advancements in GenAI technology are set to create more transformative opportunities for tech-savvy enterprises and organisations. The technology can operate autonomously, make decisions based on real-time analysis and, critically, execute on decisions. Smart agents are part of a full stack of technologies and services.
DAPs are no-code solutions that integrate seamlessly with various technologies, and by fostering user adoption, these platforms help organizations maximize the potential of their tech investments. Register now to save your seat!
Organizations look at digital transformation as an opportunity to radically improve operations and increase the value of a product or service to the customer by embedding technology into the decision-making fabric and building automation into its functions.
The new Dubai office is set to serve as a crucial hub for Salesforces operations in the UAE, providing businesses across the region with innovative tools, insights, and solutions designed to drive success and foster growth in an increasingly digital-first world.
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.
Regulation will play a key role in the successful implementation of AI and will be just as much of a priority as innovation is for leaders,” said Karl Crowther, VP of MEA at Alteryx.
Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks.
Innovate Shane McDaniel, CIO for the City of Seguin, Texas, says his city has grown by about 35% since the 2020 census. Hes leveraging his vendor relationships to keep pace with emerging as well as tried-and-true technologies and practices. Were embracing innovation, he explains. Were embracing innovation, he explains.
What revolutionary technology were they referring to? But in the short run, we risk building an astonishing, awe-inspiring technology that few use. Just look at Apple’s Vision Pro as a tale of a brilliant piece of technology that the world is still trying to wrap its mind around. Instead, it needs to be coupled with innovation.
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.
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.
A recent report from the Ministry of Communications and Information Technology, King Abdullah University of Science and Technology, and consultancy firm Hello Tomorrow highlights the rapid growth of deep tech startups in Saudi Arabia, with 50% of these startups focusing on AI and IoT.
As the GCC countries continue to evolve into global digital hubs, the adoption of technologies such as 5G, AI, and IoT is accelerating rapidly. These advancements offer immense economic growth and innovation potential, but they also introduce new cybersecurity challenges. The introduction of 5G has been a game-changer for the region.
The world must reshape its technology infrastructure to ensure artificial intelligence makes good on its potential as a transformative moment in digital innovation. New technologies, such as generative AI, need huge amounts of processing power that will put electricity grids under tremendous stress and raise sustainability questions.
While the ROI of any given AI project remains uncertain , one thing is becoming clear: CIOs will be spending a whole lot more on the technology in the years ahead. Research firm IDC projects worldwide spending on technology to support AI strategies will reach $337 billion in 2025 — and more than double to $749 billion by 2028.
Courage and the ability to manage risk In the past, implementing bold technological ideas required substantial financial investment. Effective IT leadership now demands not only the courage to innovate but also a profound understanding of change management principles. Gen AI isn’t a simple plug-and-play solution.
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 foundation of the solution is also important.
Saudi Arabia has announced a 100 billion USD initiative aimed at establishing itself as a major player in artificial intelligence, data analytics, and advanced technology. These include data center expansion, tech startups, workforce development, and partnerships with leading technology firms.
Rather than discuss “legacy systems,” talk about “revenue bottlenecks,” and replace “technical debt” with “innovation capacity.” Operational drag (interest): “Our teams spend 25% of their time on workarounds rather than innovation.” And it translates into an organization that’s stable and innovative.
In an era where technology reshapes entire industries, I’ve had the privilege of leading Mastercard on an extraordinary journey. When I think about the technology we started working with early in my career and look at what we’ve been able to do since, it truly is amazing, a global transformation led by and driven through technology.
This collaboration marks a significant milestone for both Du and the UAE’s digital vision, which is focused on integrating cutting-edge technology into every aspect of governance and public service. However, with the rapid adoption of AI and cloud technologies, concerns over security and data privacy are paramount.
Technology has shifted from a back-office function to a core enabler of business growth, innovation, and competitive advantage. Senior business leaders and CIOs must navigate a complex web of competing priorities, such as managing stakeholder expectations, accelerating technologicalinnovation, and maintaining operational efficiency.
To drive change, a reworking of what defines CIO/IT success is needed, with a focus on strategic business goals, innovation, and market differentiation. Business is too dependent on technology as a key driver for both business value and differentiation. The CIO is no longer the chief of “keeping the lights on.”
Under pressure to deploy AI within their organizations, most CIOs fear they don’t have the knowledge they need about the fast-changing technology. Steep learning curve Many CIOs and other IT leaders will need to seek out their own training, adds Valter Silva, CIO at InFlux Technologies, an AI and cloud computing vendor. Blank says.
Banks hope these shifts will enable them to innovate faster and work more efficiently in a rapidly changing market. Even beyond customer contact, bankers see generative AI as a key transformative technology for their company. Data integration allows deeper insights into customer behavior and the development of innovative products.
The trick is to ensure they are cashing in on the promise of the technology with real, tangible benefits. But as with any technological investment, AI is what companies make of it. AI investments can also serve as a unifier between humans and technology – helping us to learn better, communicate clearly, and connect faster.
The partnership is set to trial cutting-edge AI and machine learning solutions while exploring confidential compute technology for cloud deployments. This collaboration marks a significant step in driving innovation in cloud services, particularly in the MENA region.
The research cited a lack of talent and skills to work with the technology (62%), unclear AI and GenAI investment priorities (47%), and the absence of a strategy for responsible AI (41%) as the top three obstacles. This could lead to more shadow AI , which could lead to more security threats and a wider attack surface.
Here are five specific areas to focus on regarding innovation and thought leadership. Innovation is critical despite economic cycles or company performance Especially in difficult times, the board may look for additional ways to improve profit margins and generally tighten the belt.
Generative AI is likely to confuse the capital investor as much as any technology ever has,” he adds. In many cases, CIOs and other IT leaders have moved past the peak expectations about what gen AI can do for their organizations and are headed into more realistic ideas about the future of the technology, Lovelock adds.
Despite AI’s potential to transform businesses, many senior technology leaders find themselves wrestling with unpredictable expenses, uneven productivity gains, and growing risks as AI adoption scales, Gartner said. CIOs should create proofs of concept that test how costs will scale, not just how the technology works.”
The real strength of the technology is its ability to put incredible power into the hands of everyone – not just the technology team. For the past 10-15 years, business transformation initiatives have been the sole mandate of the technology team.
For IT leaders, balancing must-have AI-powered innovation in the cloud with cost efficiency poses a massive challenge. The fast pace of AI development also means that models require continuous improvement and retraining to keep up with the latest technologicalinnovations. Operating expenses have skyrocketed as a result.
“The critical element lies in automating these steps, enabling rapid, self-learning iterations that propel continued improvement and innovation.” However, research demonstrates that more executives, like Schumacher, recognize the connection between AI and business innovation. Most AI hype has focused on large language models (LLMs).
Or we can make the right things more efficient while also charting a new path and harness this technology to truly transform into AI-first businesses. Most businesses used new technology to do what we did yesterday better, faster, cheaper, and bigger. This means AI is ushering in an intelligence revolution, an age of innovation.
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. It allows businesses to be the best technologically enabled version of themselves,” Upchurch says.
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