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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.
This involves the integration of digital technologies into its planning and operations like adopting cloud computing to sustain and scale infrastructure seamlessly, using AI to improve user experience through natural language communication, enhancing data analytics for data-driven decision making and building closed-loop automated systems using IoT.
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.
The firm has an Amsterdam, Copenhagen and Tel Aviv presence, and now has a $160 million sack of funds to deploy across its focus areas: sustainability and technological innovation in the construction, real estate and manufacturing industries. Sebastian Peck and Talia Rafaeli are heading up the new sustainability fund for Kompas.
We started on digital manufacturing three years ago, then the digital customer journey two years ago, and now we’re starting on supply chain and sustainability. We take a use-case focus to innovation, so we’re not implementing a digital twin here or some IoT there. This allows us to move fast and create a sustainable momentum.
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.
Sustainability is on the rise as a CIO imperative, with most CIOs now central to their organization’s increasing focus on sustainability planning — a trend that’s shaking up what technologies IT leaders are investing in and the vendors and partners they are signing deals with. Customer demand is also fueling the trend, Bailkoski says.
This number is concerning given emerging digital technologies such as blockchain, IoT, artificial intelligence, and machine learning are increasing demand for data centre services further, as workloads are no longer confined to the core data centre and can run anywhere, including the edge.
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.
With emerging technologies like Gen-AI keeping organizations in a flurry of new implementations, a rapidly shifting CIO role, new innovations testing budgets and adaptability of organizations and increasing competition, a competent CIO is the ace that can change the game.
For Petrosea — a multi-disciplinary mining, infrastructure, and oil and gas services company in Indonesia — attention shifted to pursuing more sustainable operations with lower carbon emissions. Sustainability performance information could only be gleaned by using a manual system to collect, consolidate, and analyze data.
She notes, however, that the green sector has a lot of overlap globally as climate and sustainability goals become increasingly universal. IDCs Sustainability Readiness Survey 2024 shows that the top 2 areas of ESG/sustainability-related investment for organizations are IT infrastructure efficiency assessments and investments (cited by 41.9%
Thanks to cloud, Internet of Things (IoT), and 5G technologies, every link in the retail supply chain is becoming more tightly integrated. Transformation using these technologies is not just about finding ways to reduce energy consumption now,” says Binu Jacob, Head of IoT, Microsoft Business Unit, Tata Consultancy Services (TCS).
In this conversation with Foundry, Kopal dives deep into her career progression, the challenges of marrying manufacturing with digitization and WABTEC’s commitment to sustainability. How is WABTEC leveraging emerging technologies like AI and IoT to enhance its manufacturing processes, as well as improve operational efficiency?
From artificial intelligence to blockchain and smart cities, the UAEs tech landscape is set to host some of the most significant gatherings of innovators, investors, and entrepreneurs in the region. Here are the top tech events in the UAE for 2025, organized by date: 1.
When leaders from 193 countries created a plan labeled the Sustainable Development Goals (SDGs) in 2015, it was the beginning of a new era of hope and possibilities. The ambitious goals promised equitable, sustainable growth for today’s and tomorrow’s generations by 2030. The need to innovate in the energy sector grows stronger.
In todays rapidly evolving business landscape, sustainability is not just a buzzword it is a strategic imperative to business continuity. Commercial enterprises are increasingly leveraging technology to drive sustainable growth and optimize operations, all while minimizing environmental impact.
As industries worldwide are transformed by the rapid rise of artificial intelligence (AI), the 18th edition of the IDC Middle East CIO Summit will set the stage for an exciting new chapter in business innovation. World-renowned speakers, including futurist and AI ethicist H.E.
We recently held our annual corporate conference addressing many subjects top of mind with IT leaders and it came as no surprise that a session on sustainability was one of the most attended. As technology innovators, we all must take responsibility and develop strategies to impact meaningful change. Environment. Governance.
Higher education institutions are emerging as leaders in sustainability, using technology to transform their campuses into models of environmental responsibility. Smart Campuses: The Foundation of Sustainability Many universities are investing in smart campus technologies that monitor and optimize resource usage.
Organizations are facing ever-increasing requirements for sustainability goals alongside environmental, social, and governance (ESG) practices. survey revealed that 87 percent of business leaders expect to increase their organization’s investment in sustainability over the next years. A Gartner, Inc.
In an era marked by rapid urbanization and environmental challenges, governments around the world are turning to technology to deliver sustainable public services. Technology in Action for Public SustainabilityInnovative solutions such as smart city initiatives and IoT deployments are revolutionizing public infrastructure.
Changing consumer behavior and expectations, competition from major e-retailers, evolving cybersecurity challenges, inflationary pressures, sustainability and environmental concerns, and the pressure to take advantage of AI are all very real concerns for retailers today. IDC, June 2024). And they are making progress.
Our Mesh-Grids leverage IoT and automation to make last-mile electrification affordable and sustainable — even for the most remote villages on the planet. Our innovation has spurred global demand from utility companies.”. “It feels great to lock in this funding so that we can accelerate our growth,” Hannan says in a release.
Behind the scenes, data augmented with artificial intelligence deliver insights to help enhance energy efficiency and promote sustainable urban development. For these cities, fortifying Internet of Things (IoT) sensor and device vulnerabilities to combat cyberthreats is a key concern.
They are playing out across industries with the help of edge computing, Internet of Things (IoT) devices and an innovative approach known as Business Outcomes-as-a-Service. [1] In each case, they are taking strategic advantage of data generated at the edge, using artificial intelligence and cloud architecture.
Revolutionise work Gartner has identified three ‘force multipliers’ that CIOs should focus on to help make their organisation an employer of choice, and to create sustainable performance in the workplace: Take the friction out of work : Friction is when work is unnecessarily hard and degrades employee performance and staff retention.
And they’ll need it to impress this panel of judges — all of whom focus on sustainable impact. is expanding its technologies to help all disabled people to access public information in smart cities through barrier-free kiosks and IoT infrastructures. Learn more about XTC here. Enabling Tech: Dot Inc. ,
In this conversation with Foundry, he talks about IT’s evolution, the tenets of leadership that he espouses within his team, fostering innovation in Havmor, and the growing value of IT in business. Could you tell us how digital innovation works in the backend of a customer-facing business like Havmor? When did you career begin?
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. They collected their findings in a report titled The Sustainable CTO.
The Middle East and North Africa (MENA) region have witnessed a remarkable surge in Information Technology (IT) spending in recent years with, for example, governments and businesses embracing technology’s transformative power to drive growth and innovation. billion USD in 2024, an increase of 5.2%
You see, insurtech startups often need to take into account the myriad rules and regulations in place when they seek to innovate and embed insurance into products, which might make it difficult to pull it off. We are generally open to startups innovating any part of the value chain as long as the problem and market are big enough.”
The latter camp has largely leaned on the innovations of Drover AI , a Los Angeles-based startup that has tested and sold its attachable IoT module to the likes of Spin , Voi , Helbiz, Beam and Fenix to help operators improve scooter safety and, most importantly, win city permits. Drover, which was founded in May 2020, closed out a $5.4
If you’re a CIO for a city, for example, it can apply to your city’s strategic goals , including economic growth, diversity and inclusion, quality of life, health and wellness, safety and security, efficiency and resilience, mobility, and sustainability and environment. Digital Transformation, Government IT, Innovation
Recognizing that this will take long-term innovation and collaboration, NTT has teamed up with ClimateForce, an organization dedicated to combating climate change, to launch the Smart Rainforest project. Technological innovation and trusted partnerships are both key to supporting environmental sustainability.
Many of our portfolio companies offering sustainability solutions also save customers money and improve operational efficiency. We are also spending significant time in areas like IoT and sensors, where innovations can have a potentially big impact on the climate. That value proposition is irresistible.
One test scenario involved a hydraulic excavator at the Komatsu IoT Center Tokyo, using a remote-control system. Innovating the future of construction These successful tests demonstrate that remote operation can improve operational efficiency and safety in construction, as well as enhancing the work environment. Innovation
Technologies like the Internet of Things (IoT), artificial intelligence (AI), and advanced analytics provide tremendous opportunities to increase efficiency, safety, and sustainability. Private 5G enables improved safety and sustainability Private 5G supports advanced solutions that boost workplace safety.
A nation known for innovative efficiency was a failure in one key area It goes without saying that the faster and more effectively disasters can be forecasted, detected, and responded to, the better the chance of minimizing damage and saving lives. For more information, take a look at the university’s Innovation Awards pitch deck.
What is sustainable travel? Sustainable or eco-travel is a way of managing travel activities so that the natural environment is preserved and supported. Three pillars of sustainability. The concept of sustainability encompasses three interrelated categories: social, economic, and environmental.
As the curtains rise up on 2019, it’s time to look back at the amazing innovations that came out last year. – BENTOXX – A nanocomposite to build a sustainable industrial process. We really liked how the system can be used to monitor pH, turbidity, and temperature of water to build sustainable industrial processes.
At our virtual Secure Access Service Edge (SASE) event , we showcased the innovations in Prisma SASE that leverage the power of AI and ML. Networking — We’re introducing key innovations to Prisma SD-WAN , helping extend Zero Trust to today’s highly digitized, hyperconnected branch locations.
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
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