Saudi TASI Nears Higher Reflecting Rising Oil Prices: Closing Bell

RIYADH: More than 90% of Saudi government IT decision makers agree that the global pandemic has accelerated their digital transformation over the past year, according to a YouGov survey launched today by global technology company SAP ahead of LEAP22 , the technology forum attracting leaders from around the world from February 1-3, 2022.

“The Kingdom is in a phase of large-scale digital transformation, particularly in the public sector, and we are proud to partner with some of the most strategic projects leading to our innovation enterprise software solutions,” said Ahmed Al-Faifi, senior vice president. President and Managing Director, Middle East North, SAP.

“Thanks to initiatives such as Saudi Vision 2030, smart cities and among others NEOM and the Red Sea project, the Kingdom is on its way to becoming a leading technology hub with cloud innovations.”

In terms of the top three priority areas for digital investment by Saudi government organizations in 2022 and beyond, 67% said human capital management, 61% said enterprise resource planning, 56% said said core solutions, 41% said customer experience, 41% said predictive. analytics, and 34% said sourcing.

As emerging technologies continue to develop and mature, many government and public sector organizations in the Kingdom are at the forefront of adopting innovative solutions.

Among the top three emerging technologies that respondents said their organizations will prioritize in 2022 and beyond are: Artificial Intelligence and Machine Learning (77%), Internet of Things (65%), cloud (51%), predictive analysis (38%). ), robotic process automation (36%) and blockchain (35%).

“The Kingdom’s national strategy for data and AI is already having a ripple effect, with 77% of government IT decision-makers prioritizing artificial intelligence and machine learning for the next year to ‘optimize operations, talent development and citizen experiences,’ Al-Faifi said. .

“As Saudi Arabia begins to emerge from the pandemic, it is playing an important role in creating a platform for diverse entrepreneurship in emerging sectors. Through SAP’s knowledge exchange programs, the skills and talents of young people are constantly growing, creating a new generation of leaders. »

Source link

Felix J. Dixon