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 4654 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 FW18 Trend Report From Weill Paris [19422-Views]
Discover the Secret to Younger-looking, Radiant Skin [12889-Views]
Keep your skin looking healthy and hydrated, naturally [12883-Views]
Climax Mascara Never Fake It [12840-Views]
Brighter Eyes with Skin Republic [10163-Views]
Jessica Kahawaty in Dubai to Celebrate the Launch of SUKIN, Australia's No.1 Natural Skinc... [10016-Views]
LOOTAH Perfumes brings a collection of delicate scents to fulfill the needs of the fragran... [9553-Views]
The Balmain Haute Elegance Oval mirrors the brand's soul [8961-Views]
Brow Contour Pro 4-in-1 defining & highlighting brow pencil [8558-Views]
The Rado DiaMaster Petite Seconde Automatic COSC The Rado watch at the top of the precisio... [8272-Views]
BodyO launches officially its AiPod for a full body check-up during the Gitex Future Stars [8266-Views]
Lexus Design Award 2019 open for entries [7741-Views]
Joyalukkas adds another jewel to its crown with the inauguration of its third showroom in ... [7710-Views]
Get flawless skin with Rodial's new Booster Drops [7405-Views]
Trend Alert! Giddy up on the best platform with your new horse-inspo ensemble from kate sp... [6966-Views]
The World of Aigner Wunderkammer [6777-Views]
Elegant and feminine new Mini Bubble set to make a big splash [6734-Views]
Introducing the GUESS Jeans Fall 2018 Collection' [6503-Views]
Manero Peripheral (43 Mm) Classic Watchmaking Meets State of,the Art Technology [6411-Views]
Curate your perfect Autumn Winter wardrobe, with Robinsons [6088-Views]
Dubai Shopping Festival Returns With Much-awaited Mega Raffles [5996-Views]
DS Podium Chronograph 1/100 sec [5606-Views]
Daniel Craig Brings the Diver 300m to the Surface [5588-Views]
Global Report Reveals That the “Feeling of Home” Is Moving Beyond Four Walls [5484-Views]
Reinforcing Smartphone's Weakest Link: Huawei Could Launch Ultra-Fast Charging Batteries [5472-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories