Rapid adoption of artificial intelligence (AI) solutions will increase the UAE’s GDP by $96 billion by 2030, enabling organisations to better meet and predict customer and citizen trends and drive digital business innovation.
SME sector in GCC set to hit $920bn in next five years: study
While the GCC region accounts for only 34% of the MENA SME sector, with around $360 billion per year, it has the largest potential for SMEs regionally, as it is growing from a relatively low base.
IoT solutions market in GCC set to hit $11bn by 2025: report
By 2025, The IoT solutions market in the region will be worth US$ 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.
India to overtake US on number of developers by 2017
The US may be the global centre of the IT universe, but India will exceed the US in the number of software developers by 2017, a new report notes.
‘Industrial Internet’ to add trillions to global GDP by 2030
The “Industrial Internet” (or Internet of Things) has the potential to add $10-15 trillion to global GDP by 2030 and …
EU outlines plans to create 2.5m new jobs in the cloud
The European Commission has announced a new strategy to speed up and increase the use of cloud computing, with the …