The Kingdom’s motivated drive towards harnessing next-gen technologies is a sure testament to the nation’s inexorable commitment to embracing the future. While 52% of organisations in the country are switching from traditional business models to agile digital ones, its Ministry of Economy & Planning has signed a MoU with the Saudi Data & AI Authority (SDAIA) to incorporate data analytics & AI for enhanced business efficiency and economic growth.
At a time when Saudi Vision 2030 is gradually taking the focus away from hydrocarbons and preparing the nation for Industry 4.0, the above move is darting towards revolutionizing industries, empowering populace, and diversifying the economy. Given the current situation, it’s forecasted that Saudi’s data analytics market will reach $8,845.1 million by 2030 and on the other hand AI is projected to add more than $135.2 billion to the economy in 2030.
With the objective of leveraging data as a strategic asset, the idea is to make the Kingdom the biggest beneficiary of data-driven technologies in the Middle East.
Paying heed to the above, Tradepass is bringing Smart Data & AI Summit to Saudi Arabia on 27 – 28 May 2024 in JW Marriott Riyadh. The summit will attract 300+ Big Data Analytics & AI professionals including but not limited to CDOs, CIOs, Heads of IT, Data & Business Intelligence, Modelling & Mining, Analytics, Directors of AI, Machine Learning, Robotics, and a lot more.
The summit will highlight the great strides taken by Vision 2030 alongside encouraging global cooperation and innovation. With participation hailing from diverse sectors, all united by a commitment to a data-driven future, Smart Data & AI Summit will establish the perfect precedent for the international organisations towards a global community underpinned by the latest technologies.
From insightful keynotes to detailed discussions with technology gurus and policy influencers, the summit will cover key topics under data analytics & AI domains, including but not limited to ‘Embarking on the Kingdom’s Data Oasis’, ‘Bridging Prediction and Creation with Generative and Predictive AI’, ‘Leveraging the Power of Data Mesh to Maximize the Value Derived from Data’, ‘Augmented Analytics in Action’, ‘Integrating Artificial Intelligence into Marketing Analytics’ and others.
