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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.
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.
AI and Machine Learning will drive innovation across the government, healthcare, and banking/financial services sectors, strongly focusing on generative AI and ethical regulation. These trends underscore the Middle Easts ambition to become a global technology hub through strategic investments, innovation, and partnerships.
In the early 2000s, Google made headlines for its PhD army – essentially highly skilled experts, ranging from a former rocket science to a former brain surgeon, who were dispersed throughout the business to support its innovation. At the time, they were effectively charged to “boldly go where no one has gone before”.
Cities are embracing smart city initiatives to address these challenges, leveraging the Internet of Things (IoT) as the cornerstone for data-driven decision making and optimized urban operations. According to IDC, the IoT market in the Middle East and Africa is set to surpass $30.2 Popular examples include NB-IoT and LoRaWAN.
At the same time internet of things (IoT) devices and embedded software are becoming more complex, manufacturers are looking for ways to effectively manage the increasing volume of edge hardware. According to Statista, the number of consumer edge-enabled IoT devices is forecast to grow to almost 6.5 million cash infusion in April 2021.
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.
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 The Internet of Things (IoT) vulnerabilities have also been increasing. According to Statista, the number of IoT devices exceeded 15 billion in 2023.
How is WABTEC leveraging emerging technologies like AI and IoT to enhance its manufacturing processes, as well as improve operational efficiency? IoT software in the machines connected to the sensors gives information on the strength or durability of the brakes while the locomotive is in use.
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.
The startup, currently with operations in Nigeria, Tanzania and India (Uttar Pradesh and Bihar), has set an ambitious goal of installing at least 5,000 mini-grids by 2030 and in the process make 1 million connections – half of which will be micro, small and medium-sized enterprises. Image Credits: Husk Power Systems.
Dimension Data is widely known for bold innovations and stalwart cloud solutions and services that enable enterprises to dramatically improve their businesses; now it is on mission to benefit the planet – and in the process, the communities it services and the economies it influences. Our approach, guided by the U.N.’s
With the emergence of AI, ML, DevOps, AR VR cloud computing, the Internet of Things (IoT), data analytics, digital transformation, application modernization, and other digital technologies, IT practice in mental health therapy is undergoing significant changes. million IoT 2028 $293.10 billion AI and ML 2032 $22,384.27
Saudi Arabia has created its Saudi Vision 2030 program and the United Arab Emirates is driving initiatives through its UAE Digital Government Strategy 2025. GCC countries are increasingly looking to invest in Digital. UAE’s program aims to double the contribution of the digital economy to the country’s GDP from 9.7%
By 2030, the convergence of commodity IT and IoT technology has eliminated the need for login credentials. The risk has shifted from the user’s device to the IoT devices they depend on for authentication. From the government’s perspective the increase in the use of IoT sensors will be a surveillance boon.
trillion to global GDP by 2030,” PwC Global, February 2, 2021 About Anand Oswal: Anand Oswal serves as senior vice president and GM at cyber security leader Palo Alto Networks. The portfolio spans enterprise products across routing, access switching, IoT connectivity, wireless, and network and cloud services deployed for customers worldwide.
But in the next decade, organizations will increasingly face strict compliances, regulations, and mandates that force wholesale transformation to deliver on the Sustainable Development Goals (SDGs) of the United Nations’ 2030 Agenda. of Goal 7 is: “By 2030, increase substantially the share of renewable energy in the global energy mix”.
is an umbrella term for all technological innovations that drive current supply chain management towards more effective work and customer-centric strategy. IoT technologies. Internet of Things or IoT technologies is the term used for devices and software attached to different items to receive and send data. Current trends.
October is around the corner, and it’s a prime time for tech enthusiasts, industry leaders, and innovators to come together and explore the latest trends, breakthroughs, and ideas. The Data 2030 Summit tech conference serves as a yearly roundtable gathering, uniting the Data Management community within a single forum.
We have entered the next phase of the digital revolution in which the data center has stretched to the edge of the network and where myriad Internet of Things (IoT) devices gather and process data with the aid of artificial intelligence (AI).As billion by 2030, while Research and Markets sees the market growing to $304 billion by 2030.Although
High-speed broadband networks enabling gigabit connections, mobile networks supporting 4G and 5G along with integration of internet of things (IoT) will form the fundamental infrastructure of smart cities. BPM system streamlines processes through flexible workflows, and allows for continuous process innovation, and improvement.
According to Statista , the global AI market is expected to grow at a CAGR of 27.67% between 2025 and 2030 and reach US$243.70bn. Here, we have researched and shortlisted some of the most innovative AI startup ideas you can consider for 2025 and beyond. Without waiting much, let’s get started.
to reach $47,600M by 2030. IoT (Internet of Things) facilitates on-demand health monitoring through wearables and connected devices to monitor vital health signs, send alerts, and predict outcomes. But several assumptions and things need to be clarified when it comes to adding EHR to your digital tool arsenal.
For example, by 2030, more than 95 percent of passenger miles will be served by autonomous cars. Capgemini’s research indicates that the automotive industry is a leading adopter of smart factories and use of digital technologies such as IoT connectivity, intelligent automation, and cloud-based data analysis and management.
Technological innovation : Innovation in sustainable technologies is accelerating. Investments in clean energy technologies, such as solar and wind, are projected to reach $4 trillion by 2030 (IEA). This innovation is driven by a collaborative ecosystem of technology providers, startups, NGOs, and academia.
According to Peter Miscovich , Managing Director, Strategy + Innovation, JLL Consulting in New York, by 2020 gig workers will comprise half the workforce and as much as 80% by 2030. Human-centered innovation. Barcelona makes it to the top 5 of innovation hubs. Disruptive innovation to track. What is a gig economy?
Among the newest AI software innovations are advancing Machine Learning, Conversational AI, and Computer Vision AI, which enable converged business and IT process optimizations, predictions & recommendations, and transformative employee and customer experiences. trillion by 2030, according to a report by PwC.
On a broader scale, this coincides with expert predictions that multiple operations in the logistics and warehousing industries will be fully automated circa 2030. The creation and development of these domestic – and mundane – smart objects have doubtless contributed to the still burgeoning popularity of the IoT.
With logistics automation, IoT-enabled connected devices, and tech-driven logistics services coming into play, it’s safe to assume we are in for some significant changes in the industry. Internet of Things (IoT). IoT sensor technology and connected IoT devices have simplified logistics chores to a great extent.
Patching Vulnerabilities With the introduction of IoT connected workplaces and with many employees working from home, data ecosystems are getting larger and more complex. In addition, AI and data driven technologies can automate workloads, freeing up employees’ time to innovate or engage in tasks higher up the value-chain.
They’re discovering untapped revenue streams and innovating business models. They can deliver new ways for people to interact with and control IoT devices. Many companies today are struggling to harness the untapped power of all the data that is coming from the surge in cloud solutions, mobile applications, and IoT devices.
By 2030, the AI industry is expected to reach USD 1811.8 The current state of the AI market Image text – The AI technology market is expected to reach a total value of US$ 1,597 billion by 2030. The AI market is growing continuously and is estimated to surpass around US$ 1,597B by 2030 at a CAGR of 38.1% from 2022 to 2030.
In the wake of hyper-digitization, manufacturers are leveraging advanced technologies like RPA, IoT, and AI to make their processes more efficient. from 2023 to 2030. The requirement of each manufacturing business is different based on industry & target customers, but many of their back-end processes are similar.
Enterprises look to the cloud to innovate in ways they haven’t been able to do before. He also mentioned Amazon’s goal of being water positive by 2030 – i.e. returning more water into the system than Amazon consumes. Entrepreneurs bring their dreams to the cloud and change the future. Perficient + AWS.
Some parts were right, some wrong, but the key point was that: “cloud services will enable IT groups to focus more on innovation while leaving non-differentiating activities to reliable and cost-effective providers”.
Reduced Cost Businesses put a great deal of money in managing their operations via third parties which can be otherwise used for innovation and business improvement. Internet of Things (IoT). InternetofThings (IoT) has taken over the world with billions of devices connected globally. Usecase of blockchain in Logistics.
As the world is experiencing the fourth industrial revolution ( industry 4.0), advanced modern technologies like Machine Learning (ML), Artificial Intelligence (AI), the Internet of Things (IoT), and Digital Twins (DT) are essential. Market size 2030 $154.0B Digital Twin market size Market size 2023 $17.5B CAGR (2022-230) 36.3%
billion by 2030 , growing with a CAGR of 37.4% From prompting self-driving cars to optimizing chain logistics, AI-driven solutions are driving innovation at every level of the automotive ecosystem. Constantly evolving regulations make it challenging for manufacturers to innovate without risking noncompliance.
In addition, as a part of sustainability initiatives, at least half of leading supply chains are expected to achieve net-zero carbon emissions through green initiatives and circular economy practices by 2030. Furthermore, advanced analytics can help to accelerate logistics competencies.
In last year’s Digitization of African Agriculture report, which the ACP compiles, it details how 33 million small-scale farmers and pastoralists registered with Digital for Agriculture (D4Ag) solutions across the continent in 2019, adding that it’s expected to rise to 200 million by 2030.
As technology innovators, we all must take responsibility and develop strategies to impact meaningful change. This component focuses on addressing technology accessibility and the innovation of technology system designs that benefit society. This aspect is about data usage, privacy, and responsible technology innovation.
may ban cars with Russian and Chinese IoT components. The program will focus both on “ the cybersecurity and privacy of AI ” and on “the use of AI for cybersecurity and privacy,” Katerina Megas, who leads the NIST Cybersecurity for the Internet of Things (IoT) Program, wrote in a blog. Plus, the U.S.
Nexar , the Israeli dash cam data company, is acquiring Veniam , an IoT company that transfers data from cars to the cloud with its connected vehicle mesh network. . River has the potential to be a leader in the Indian market, given the government’s plans to push EV sales penetration of two-wheelers up to 80% by 2030. billion.
Volvo reined in its ambition to have a fully electric line-up of vehicles by 2030. In Norway, more than half of the vehicles on the road are EVs. These are extraordinary achievements. But it’s a mixed picture. Instead, the Swedish global automaker will aim for at least 90 percent of its global sales to consist of EVs and PHEVs.
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