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 5533 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
The Rado DiaMaster Petite Seconde Automatic COSC The Rado watch at the top of the precisio... [15579-Views]
PopSockets launches a new collection with crystals from Swarovski, the must-have accessory... [12548-Views]
Maintain Healthy Skin Year Round [12456-Views]
Free gold coins at Malabar Gold & Diamonds Festival [10065-Views]
MIDO Baroncelli Lady Day & Night collection [9974-Views]
24 Karat Gold Elixir by Mehrunisa Launches in the UAE Beauty Market [9309-Views]
Interview with Asil Attar, CEO of Al Yasra Fashion [8290-Views]
Holiday Gifting Made Easy with Wet n Wild Beauty Specials [7912-Views]
Get Ready for Party Season with Lottie's new make-up hits [7729-Views]
Tissot PR100 Lady Sport – Chic Glamourous Festive Season [7320-Views]
Festive Gift Sets from Bubble T [7290-Views]
Winter wool Christmas must- haves [7027-Views]
Golden Mile Galleria's ‘A Cultural Flair' attracts hundreds of art lovers to Palm Jumeirah [6911-Views]
Samsung Galaxy A9 – Designed to capture the world in its fullest [6051-Views]
New 1948 Seamaster Watches Join the Ranks' [5862-Views]
Michael Kors Collection Transeason 2019 Press Presentation [5813-Views]
Chic and Stylish Wraps with a 3 in 1 effortless concept [5801-Views]
DKNY Launches (Limited Edition) Holiday 2018 Collection [5344-Views]
9th Edition of China Homelife Exhibition to Have Over 3000 Exhibitors Across Business Sect... [5179-Views]
New Menu alert: Moombai & Co. launches exciting and delicious food items to its menu [5075-Views]
Tissot PR100 Lady Sport – Chic Sporty yet Feminine [5014-Views]
Els Back for the 30th Omega Dubai Desert Classic Aiming for a Record Fourth Victory [4953-Views]
Dubai Shopping Festival Wednesday Specials at The Smile Bar [4569-Views]
Global Knowledge Index 2018 and The Future of Knowledge: A Foresight Report shine at Knowl... [4276-Views]
Get Party Ready with Champion Cleaners [4264-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories