A.T. Kearney, in partnership with Saudi Arabian think tank Al-Aghar, recently hosted its Fourth Industrial Revolution KSA Leadership Summit in …

A.T. Kearney, in partnership with Saudi Arabian think tank Al-Aghar, recently hosted its Fourth Industrial Revolution KSA Leadership Summit in …
“The IoT platform is ready, and it is now up to the sectors to implement it as they want,” said Dr. Salim Al-Ruzaiqi, CEO of ITA.
The report found that the typical shopper in the Kingdom uses e-commerce channels to spend an average of 4,000 riyals online per annum.
By 2025, The IoT solutions market in the region will be worth US$ 11 billion, generating potential value for the economy of nearly US$ 160 billion (AED 587.68 billion), implying that every dollar spent on IoT solutions could produce nearly US$ 14.50 in economic value.
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