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These sectors are emerging as key drivers of innovation and investment in the Kingdom, with over 43 high-growth startups collectively raising more than 987 USD in funding. This success is a testament to the growing availability of venture capital, a dynamic entrepreneurial ecosystem, and government support for innovation-driven ventures.
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.
This unprecedented investment will focus on building state-of-the-art data centers, supporting startups, and expanding AI infrastructure to drive both domestic growth and international competitiveness. This includes initiatives to adopt AI domestically and ultimately position Saudi Arabia as an exporter of AI solutions by 2030.
With the rise of digital technologies, from smart cities to advanced cloud infrastructure, the Kingdom recognizes that protecting its digital landscape is paramount to safeguarding its economic future and national security. The Kingdoms Vision 2030 is also a driving force behind its cybersecurity efforts.
These new regions are a testament to Oracles confidence in the regions ability to drive innovation, especially as both countries ramp up their efforts to become global leaders in AI and cloud computing. Whats Next?
infrastructure and AI-powered applications. More than 1,000 participants, including mobile network carriers, ecosystem innovators, and technology leaders, gathered to share insights on how these advances will impact industries and individuals. It is expected to contribute over 930 USD billion to the global economy by 2030,” he said.
At the Huawei Cloud Summit Saudi Arabia 2024, held today, Huawei Cloud made a significant announcement, unveiling a series of innovative artificial intelligence (AI) initiatives to accelerate Saudi Arabia’s digital transformation. Huawei Cloud’s AI initiatives are directly aligned with these goals.
AI and Machine Learning will drive innovation across the government, healthcare, and banking/financial services sectors, strongly focusing on generative AI and ethical regulation. Data sovereignty and local cloud infrastructure will remain priorities, supported by national cloud strategies, particularly in the GCC.
Today social networks are more powerful than ever, and startups and corporations are innovating new commerce models that leverage the greater reach available to us. The $2 billion to $3 billion social commerce market in India today is estimated to hit $70 billion in value by 2030, empowering around 40 million small entrepreneurs.
The new Global Digitalization Index or GDI jointly created with IDC measures the maturity of a country’s ICT industry by factoring in multiple indicators for digital infrastructure, including computing, storage, cloud, and green energy. This is something that Huawei has been focused on for some time.
billion investment to boost the country’s cloud capacity in line with Saudi Vision 2030 To meet the rapidly growing demand for its AI and cloud services, Oracle announced the opening of its second public cloud region in Saudi Arabia. billion investment from Oracle to expand cloud infrastructure capabilities in the Kingdom.
trillion by 2030, and by singularly responsible for a 26 per cent boost in the GDP of local economies. This is a real chicken-and-egg scenario; without having the prototype to demonstrate the value of the project, it can be difficult to convince the leadership team to invest in the kind of computing power and infrastructure required of AI.
But, when it comes to tomorrow’s enterprise and consumer innovations, those networking options have some serious limitations. That is where Innovative Optical and Wireless Network (IOWN) comes in. After all, trends show that power consumption for IT-related demands worldwide could increase five thousand-fold by 2030.
1 - CISA: Hundreds of critical infrastructure orgs hit by Medusa ransomware Dont let the Medusa ransomware group turn your network into stone. government sent this week via an advisory to cybersecurity teams, especially those at critical infrastructure organizations. Thats the message the U.S.
Environmental sustainability Dell Technologies and Equinix have developed joint solutions to support our customers in this critical area by enabling businesses to deploy their infrastructure on Dell architecture within Equinix’s low-carbon colocation infrastructure covered by 96% renewables globally1.
With the paradigm shift from the on-premises data center to a decentralized edge infrastructure, companies are on a journey to build more flexible, scalable, distributed IT architectures, and they need experienced technology partners to support the transition. And we’re committed to helping customers meet their energy-efficiency targets too.
The flipside is that, without a streamlined digital foundation, innovation will stall, security risks rise and overall business agility will inevitably suffer. And thats not even counting the 32bn IoT devices forecast to be connected by 2030. But now we just dont have that kind of time.
This strategic move not only reinforces Microsoft’s commitment to the region but also aligns with the UAE’s broader vision to foster innovation, talent, and digital transformation across various sectors.
trillion by 2030. Refining the balancing act of innovation and risk. To stay ahead of these trends, CIOs have to first confront and overcome their own set of challenges: steering the business through waves of disruptions while still pursuing innovation. One example is Banking-as-a-Service, with the market expected to reach US$3.6
trillion by 2030. Refining the balancing act of innovation and risk. To stay ahead of these trends, CIOs have to first confront and overcome their own set of challenges: steering the business through waves of disruptions while still pursuing innovation. One example is Banking-as-a-Service, with the market expected to reach US$3.6
Oracle’s annual flagship event, CloudWorld Tour returned to the UAE for the second consecutive year to share the company’s latest AI innovations to power UAE’s Digital Economy and its plans across the region. Cloud is the platform for innovation and provides a rich source of services for digital reinvention.
You didn't have to set up any infrastructure yourself, or write custom mapreduce and reload the jobtracker all day. It's expected that innovation shifts away from big companies to startups. The cloud in 2030. in bin packing, I'd go looking for a job at some serverless infrastructure provider right now. I don't think so.
Saudi Arabias Vision 2030 emphasizes a technology-driven transformation to achieve its social, economic, and environmental goals, focusing on adopting and producing advanced innovations to position itself as a global leader in technological disruption.
According to a report from Frost & Sullivan, the GCC cybersecurity industry continues to grow, with F&S estimating it to triple in value by 2030 to reach 13.4 In the first three quarters of the same year, the country successfully prevented over 71 million attempted attacks in total.
By migrating its essential systems to Google Cloud, Almarai now leverages a scalable, flexible, and cost-effective platform designed to accelerate its pace of innovation and enhance resilience in a competitive global market. “At Our partnership with Google Cloud reflects our dedication to innovation and excellence.
Huawei predicts that by 2030, the total data generated worldwide will exceed one YB, equivalent to 2 80 bytes or a quadrillion gigabytes. All of these capabilities are based on APIs or a self-service portal, which allows infrastructure to be managed through an infrastructure-as-code model. And that’s just on the volume side.
In the Equinix 2023 Global Tech Trends Survey (GTTS), 68% of global IT leaders said that the environmental impact of their IT equipment and infrastructure is something they measure and actively try to limit. To make the most of these applications, enterprises need distributed digital infrastructure in locations throughout the world.
As organizations work to embed AI into their operations, investment in the necessary infrastructure, platforms, and skills will be key to supporting this transformation. Data sovereignty and local cloud infrastructure are expected to remain high on the agenda, particularly within the GCC countries.
“The barriers confronting organizations in South Africa that want to achieve carbon neutral status by 2030 are significant. But the requirements, difficult in areas with an already mature sustainable energy infrastructure in place, were overwhelming in sub-Saharan Africa.
Innovation with respect to the customer experience remains crucial as global CX technology spending grows year-over-year , including increased spending on generative AI, the cloud, and digital services. In 2019, 80% of enterprise executives said innovation was a top priority but only 30% said they were good at it.
A platform for thought leadership and innovation The IDC Saudi Arabia CIO Summit has become a vital platform for IT leaders and decision-makers to explore emerging trends and share insights on the challenges and opportunities brought by technological advancements.
On-demand delivery in the Middle East and North Africa is estimated to reach $47 billion by 2030. But unlike the West, Egypt’s e-commerce infrastructure isn’t ready to accommodate the crazy demand and chaos that quick commerce brings. It’s one of the reasons Mahdavi and Abdel Karim started YFS.
Farys is a water utility that provides cities and municipalities in Belgium with public domain services and infrastructure management—from the distribution and transport of drinking water to water sanitation to sports facilities and swimming pools. With the Smart Water Platform, everything is integrated,” explained Opreel. More than 2.7
The enterprise edge has become a growing area of innovation as organizations increasingly understand that not every workload — particularly new edge workloads — can move to the cloud. In the European Union, for instance, legislative efforts to reduce carbon emissions by 50% before 2030 are in an advanced stage.
Deploying on a sustainable digital infrastructure foundation that is more distributed, flexible, and interconnected across diverse ecosystems than ever before, is now fundamental for organizations to achieve their climate targets. This is the fourth consecutive year Equinix achieved over 90% renewable energy coverage.
With Vision 2030 as its guiding light, the Kingdom is embarking on ambitious projects, steering its course towards a tech-driven future. Collaborative initiatives are underway, aiming to harness the power of innovation and technology to realize these aspirations.
Specifically, AWS will launch what it’s calling an AWS infrastructure Region in Saudi Arabia in 2026 to give technology developers, existing businesses, and startups and entrepreneurs a comprehensive, in-country data-center infrastructure for running their cloud-based technology solutions, according to a release by Amazon’s cloud unit. “The
By 2050, an estimated 68% of the global population will reside in urban environments, placing immense strain on existing infrastructure and resource allocation. The synergy between IoT and AI drives cities toward greater innovation, sustainability, and responsiveness. Popular examples include NB-IoT and LoRaWAN.
At the recent UN Climate Change Conference (COP28), Huawei and e& announced the inauguration of the region’s ground-breaking net-zero 5G massive MIMO site, setting new benchmarks in sustainability and technological innovation. The site is a model of green innovation, using solar power and smart energy storage solutions at every turn.
We started on our digital transformation over the course of the last year or two and are working to reduce our digital sprawl and towards a singular ecosystem that allows us to have a complete view of our systems and our data, with a focus of being digitally capable and ready by 2030, Cook says.
Local Cybersecurity Cloud Infrastructure to Support Digital Transformation Digital transformation is at the heart of the Kingdom of Saudi Arabia’s ambitious Vision 2030 program as the nation looks to future-proof its economy and enhance people’s lives. All other marks mentioned herein may be trademarks of their respective companies.
Can a company embrace digital innovation and become more sustainable at the same time? A growing chorus of companies, however, are saying that they have no choice but to embrace both innovation and sustainability at the same time. The CEOs surveyed said that sustainability would be their top growth driver between now and 2030.
billion by 2030, up from 4 billion in 2020. Capitalizing on the trends, Memfault , a platform that allows IoT device manufacturers to find issues in their edge products over the cloud, has closed a $24 million Series B funding round led by Stripes with participation from the 5G Open Innovation Lab, Partech and Uncork.
. “We can improve both outcomes and costs by moving care from the hospital back to the place it started — at home,” they write in a post that explores five innovations enabling at-home care and identifies investment opportunities like acute care and infrastructure development. Image Credits: Bryce Durbin. Since then, Z?m
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