Dubai PR Network, Online Press Release from Dubai and Middle East
 
Technology, Computers & IT(Technology)
Filter PR by
  
Artificial Intelligence Boosts UAE GDP by USD 96 Billion by 2030
 

High-Performance Infrastructure Needed for AI to Uncover Patterns to Transform Costs, Efficiency, and Innovation

Dubai, UAE, July 10, 2018:  Rapid adoption of artificial intelligence (AI) solutions will increase the UAE’s GDP by USD 96 billion by 2030, enabling organizations to better meet and predict customer and citizen trends and drive digital business innovation.

As the UAE Strategy for AI guides nationwide transformation, AI and machine learning are entering the mainstream. PwC predicts that AI will contribute USD 96 billion in UAE GDP 2030. By industry, Accenture says finance (USD 37 billion), healthcare (USD 22 billion), and transport and storage (USD 19 billion) will see the biggest growth by 2035.

“Artificial intelligence solutions can enable new innovations that can augment the existing workforce, optimizing costs, efficiency, and innovation. Banks can analyze credit and loan repayments, hospitals can predict patient treatment success, and government agencies can enhance mega-events management,” said Savitha Bhaskar, COO at Condo Protego, the UAE-based IT infrastructure and information management consultancy and solutions provider.

However, AI on its own is not enough. Organizations also need to have in place the next step, machine learning, where machines or applications learn from massive data sets, and uncover patterns that are largely beyond what people could uncover themselves.

“AI and machine learning solutions should meet business needs, and not merely have futuristic technology for technology’s sake. The massive computing power needed for AI and machine learning also means that organizations need to invest in high-performance information management infrastructure,” added Savitha Bhaskar.

Condo Protego is seeing strong UAE demand for Dell EMC high performance computing solutions, for faster, better, and deeper insights. Specialized channel partners can help organizations choose the infrastructure solutions that best meet their needs, across workstations, servers, networking, storage, software, and services.


Posted by : Dubai PR Network Editorial Team
Viewed 3636 times
PR Category : Technology
Posted on : Tuesday, July 10, 2018  2:19:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Siemens and Bentley Systems Collaborate on Process Industri...
Next Story : World-first as the F1® Innovation Prize prepares to transfor...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Mouawad Acquires The 51.38 Carat Dynasty Diamond From ALROSA [17123-Views]
Introducing the GUESS Jeans Fall 2018 Collection [12273-Views]
Cerruti 1881 MOLVENO timepiece and cufflinks [12188-Views]
Build Your Perfect Skincare Routine with Essentials from Glambeaute.com [11078-Views]
Hour Choice presents Coach Astor Collection [9681-Views]
Nazih Introduces New Dr. Renaud Skincare Range [7698-Views]
Carl F. Bucherer Presents Adamavi Collection [7582-Views]
Business Wear by Hugo Boss [7198-Views]
Head to Modhesh World for Summer Fun Before the School Run [7192-Views]
Five Awesome Reasons to Visit LEGOLAND® Dubai During the Eid Al Adha Holiday [7149-Views]
The new Rado HyperChrome Chronograph in bronze and high-tech ceramic [7033-Views]
Back-to-School Shopping Made Easy with SOUQ.com [7003-Views]
Never Run Out of Space for Those Joyful Summer Holiday Memories With Western Digital [6564-Views]
Spectacular live entertainment for the entire family at Majid Al Futtaim malls in the UAE ... [5972-Views]
Eid Gift Guide 2018 [5905-Views]
The Marriott International cyclist team completes 600km R2A cycle challenge [5704-Views]
New Addition to the HUAWEI Nova 3 Series: On-trend and fashionable HUAWEI nova 3i now on s... [5508-Views]
Eberhard & Co. immortalizes a legend [5466-Views]
Trend Alert! Clueless About Plaid? kate spade Found Fresh Ways to Showcase the Gorgeous Pr... [5258-Views]
Calligraphy, etching and Palestinian embroidery: Learn it all at Tashkeel this September [5148-Views]
The Moon Collection From Lacoste [4941-Views]
OMEGA Showcases its Passion for Golf at the 2018 PGA Championship [4862-Views]
‘The Little Things' That Makes Summer All The More Enjoyable [4673-Views]
Big Android Breakthrough: Huawei's power packed GPU Turbo upgrade will turn your phone in... [4606-Views]
XTouch Announces the Launch of the Robot Family Range of Rugged Mobile Phones [4557-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories