Market Watch

RIYADH, Saudi Arabia, February 11, 2025 –( BUSINESS WIRE )–AI is a key pillar in Saudi Arabia’s Vision 2030, shaping industries and redefining economic growth. As the Kingdom accelerates its digital transformation, the focus has shifted beyond " why AI" to " how AI can be executed at scale" —not just in isolated implementations but as a fully integrated layer across existing enterprise ecosystems. From predictive maintenance in energy grids and AI Agents automating customer interactions to real-time fraud detection in banking, AI is transforming how industries operate. Saudi Arabia has committed $100 billion toward AI and emerging technologies ( Bloomberg ), positioning itself as the global AI leader . By 2030, AI is projected to contribute 12.4% of GDP ($235 billion in economic value, PwC) , with national initiatives spanning intelligent infrastructure, logistics automation, digital finance, and AI-powered governance . However, realizing AI’s full economic impact will depend on its seamless execution and interoperability —not just as standalone deployments but as strategic integrations within core platforms. This includes SAP for enterprise resource planning, SCADA for industrial automation, Salesforce for customer intelligence, and Digital Twins for real-time simulation and optimization . The Road to AI-Driven Digital Transformation For enterprises, […]

Click here to view original web page at finance.yahoo.com

Share this story: Other tags: Discover advanced DTX Strategies for A ‘Digital Everything’ World at Digital Transformation Week North America on 4-5 June 2025 at Santa Clara Convention Center , CA . This event is a senior-level forum for enterprise-level decision-makers seeking to explore new technologies, innovations, implementations and strategies to drive innovation in their business. Connect with digital and IT leaders who are driving change and innovation and looking to learn from peers who are accelerating digital transformation. Find out more. Key topics to be explored include: Transformation Infrastructure Hybrid Cloud Future of Work Employee Experience Customer Experience Automation Sustainability Business Transformation Robotic Process Automation (RPA). Check out the 2025 agenda. Hear from esteemed experts include: Head of AI/ML Platform Development, Ancestry Director Business Transformation; Chief of Staff, Philips VP of Digital Enterprise Growth, Blue Shield of California Chief of Information Technology, Department of Public Health, Los Angeles County Government Senior Director, IT Service Delivery, National Football League (NFL) Professor of Emerging Technology, United States Department of Defense Director, Global Digital Transformation, Walmart Solutions Engineering, Head of US Enterprise, TikTok Meet the speaker line-up. Who attends? Over 7,000 attendees will join the co-located events like CTO’s, Heads of […]

Click here to view original web page at www.cloudcomputing-news.net

Deep cuts: what Deepseek’s low-cost alternative means for AI Aramco, the giant Saudi Arabian integrated energy and chemical company, has been in the telecoms news recently after announcements of a memorandum of understanding (MoU) with AMD and plans for handset innovation with Qualcomm. High-performance and adaptive computing specialist AMD has signed an MoU with Aramco relating to the evaluation and use of AMD’s products and technology to, among other things, accelerate the deployment of artificial intelligence (AI) for specific industrial workloads. Key areas of focus include leveraging high-performance AMD graphics processing unit (GPU) and central processor unit (CPU) capabilities, exploring industrial edge AI deployment, cloud strategy, AI/machine learning, predictive analytics, and data centre modernisation. Additional areas for potential collaboration include training on AMD ROCm (a software stack for graphics processing unit programming) as well as evaluating AMD AI capabilities for operational optimisation and digital twin technologies in the energy sector. Aramco embarked on a digital transformation program in 2017, aiming to drive greater efficiency, accelerate innovation, build a digital-savvy workforce, and create new employment opportunities. The potential collaboration with AMD reflects Aramco’s aim to continue exploring technologies such as AI, big data, and predictive analytics to help make its […]

Click here to view original web page at developingtelecoms.com

(Image credit: Getty Images) A lack of digital maturity is holding UK businesses back, hampering growth, and slowing down AI adoption, according to a report from SAP . Businesses face a range of issues when it comes to the maturity of their tech portfolios, with 27% of surveyed firms citing the burden of legacy technology as a key barrier to scale. This highlights the difficulty of integrating advanced technologies into dated systems, SAP said. Data and management infrastructure are also an issue, with over a third (34%) of organizations stating that either a lack of quality data or a lack of quality tools for planning are among the top three challenges affecting business growth. As many as a third of firms indicated that insufficient datasets are hindering AI model training and affecting accuracy, while 32% are struggling with inaccuracies generated by AI systems. “Addressing barriers to growth, like digital immaturity, must be a priority for the UK’s high-growth organizations if they wish to reach their potential,” Wesley Doyle, Head of new business at SAP UKI, said. Similarly, businesses are contending with a significant shortage of skilled talent in the technology sector. More than a third (34%) face difficulties in […]

Click here to view original web page at www.itpro.com

BOSTON, MA, Feb. 11, 2025 (GLOBE NEWSWIRE) — Today, the Digital Twin Consortium ® (DTC) and the Augmented Reality for Enterprise Alliance (AREA) announced a public event titled Evolving Digital Transformation: Engineering the Future Today . The event takes place on March 20, 2025, from 8:15 a.m. to 5 p.m. at the Hyatt Regency Reston Town Center Hotel in Reston, VA. It will bring together industry leaders, innovators, and practitioners to explore innovative digital engineering applications of digital twins and augmented reality. “This public event is packed with insight from interactive demos to thought-provoking keynote presentations and panel discussions on digital engineering, digital transformation, latest advances in Enterprise XR, the evolution of digital twins, and the impact of AI across industries,” said Dan Isaacs, GM & CTO of the DTC. “Attendees will also have the opportunity to participate in workshops highlighting how these transformative technologies shape the future of enterprise and engineering.” Expert-led panels include: AI in the Enterprise: Unlocking Opportunities & Overcoming Challenges XR & Digital Twins – Current and Future Direction Mastering Digital Transformation – Strategy Challenges and Success Metrics Digital Transformation – Balancing Costs for Business Success Reserve a spot at this public event for $99 […]

Click here to view original web page at www.globenewswire.com

TECHdestiNATION Pakistan ISLAMABAD, Feb. 11, 2025 (GLOBE NEWSWIRE) — Pakistan is making bold strides in the global tech landscape, emerging as a key player in artificial intelligence, digital finance, and startup innovation. As the Pakistan Software Export Board prepares to take the spotlight at LEAP 2025 in Riyadh , it presents a compelling narrative of digital transformation, investment potential, and technological excellence. This marks Pakistan’s biggest ever participation at an international event with over 100 companies and 1,000+ delegates on board , showcasing a booming IT industry, progressive policies, and a rapidly growing talent pool that is poised for unprecedented growth in the digital economy. A Digital Nation on the Rise At the heart of Pakistan’s transformation is the Digital Nation Pakistan (DNP) Act . This landmark policy is designed to bolster innovation, attract both foreign and domestic investment, and empower entrepreneurs. By strengthening digital infrastructure, enhancing cybersecurity, and nurturing a knowledge-driven economy, the DNP Act is positioning Pakistan as a premier destination for global tech players looking for new markets and opportunities. Working under the proactive guidance of the Ministry of IT and Telecom (MoITT) , alongside the broader Digital Pakistan Policy, these initiatives are cultivating an environment […]

Click here to view original web page at www.streetinsider.com

The cover image and all the rights belong to the client ordering given press release Date: April 23, 2025 Location: Cairo, Egypt Website: https://na.finnovex.com/ The future of finance is undergoing a profound shift, driven by the convergence of digital transformation and sustainable innovation. As financial institutions adapt to evolving customer needs. Finnovex North Africa 2025 returns to Cairo to provide a platform for critical discussions and groundbreaking solutions. Scheduled for April 23, 2025, this premier summit will unite over 200+ financial leaders, innovators, policymakers, and stakeholders to explore the theme: “Navigating the Future of Finance through Digital Transformation and Sustainable Innovation. Key Focus Areas at Finnovex North Africa 2025: Digital Transformation & Sustainability: Leverage digital technologies to drive business growth, reduce environmental impact,and promote social responsibility.By integrating digital transformation and sustainability, organisations can create a more resilient and environmentally conscious future. THE FUTURE OF DIGITAL BANKING AND CX: This session we will explore the future of digital banking is centered around delivering seamless personalised experiences that meet evolving customer needs. Cybersecurity & Data Protection :This session will focus on the latest cybersecurity strategies and technologies to safeguard financial data and protect consumers in an interconnected world, ensuring trust and […]

Click here to view original web page at u.today

Celona and stc Group have announced a new partnership, launching a private 5G edge computing technology network solution for enterprises in Saudi Arabia, Kuwait and Bahrain. The digital solution increases operational efficiencies by lowering total cost and accelerating time-to-market. The solution avoids the challenges commonly faced with Wi-Fi networks and provide secure, reliable connectivity in hard-to-reach places. “stc Group is a digital transformation visionary with a clear strategy for driving economic growth and efficiency through digitization. We are honored that…” “This partnership with Celona marks a significant milestone in stc Group’s mission to drive digital transformation and operational efficiency. By integrating…” “stc Group is a digital transformation visionary with a clear strategy for driving economic growth and efficiency through digitization. We are honored that…” “This partnership with Celona marks a significant milestone in stc Group’s mission to drive digital transformation and operational efficiency. By integrating…” “stc Group is a digital transformation visionary with a clear strategy for driving economic growth and efficiency through digitization. We are honored that…” CAMPBELL, Calif. and RIYADH, Saudi Arabia, Feb. 06, 2025 (GLOBE NEWSWIRE) — Celona, a pioneer in private 5G networks, and stc Group, a leading digital enabler, have partnered to launch a […]

Click here to view original web page at www.globenewswire.com

Read time: 3 minutes Seychelles Seychelles intends to modernise public services through digital transformation. Wavel Ramkalawan, President of the Republic of Seychelles, announced last week his commitment to modernising public services through digital transformation. Ramkalawan made the pledge during an official visit to the registrar general’s office on Friday morning. The President, accompanied by senior officials, observed operations at the Business Registration and Intellectual Property divisions—key departments that stimulate economic development and safeguard innovation in Seychelles. State House Seychelles issued a statement saying: “A pivotal aspect of the visit was a strategic meeting with senior management, where discussions focused on institutional achievements, ongoing challenges, and future modernisation initiatives. “The engagement provided valuable insights into the office’s operations and reinforced the government’s dedication to improving public service efficiency.” It went on to say the registrar general’s office remains committed to maintaining a transparent, efficient, and technology-driven business and legal framework that supports Seychelles’ national development goals. According to the State House, the successful introduction of digital services is a significant step forward in government’s modernisation path, promising improved service delivery. President Ramkalawan commented: "We are witnessing remarkable progress in processing efficiencies as we transition to digital services."

Click here to view original web page at news.google.com

Healthcare Consulting Services Market The global Healthcare Consulting Services Market is expected to grow at 9.5% CAGR from 2025 to 2032. The latest Research report published by CMI with the title "An Increase in Demand and Opportunities for Global Healthcare Consulting Services Market 2025" provides a sorted image of the Healthcare Consulting Services Market industry by analysis of research and information collected from various sources that have the ability to help the decision-makers in the worldwide market to play a significant role in making a ongoing impact on the global economy. The report presents and showcases a dynamic vision of the global scenario in terms of market size, market statistics, and competitive situation. At present, the Healthcare Consulting Services Market is possessing a presence over the globe. The Research report presents a complete decision of the market which consists of future trends, growth factors, consumption, production volume, CAGR value, observant opinions, profit margin, price, and industry-validated market data. This report helps individuals and market competitors to forecast future profitability and to make critical decisions for business growth. ������� ��� ������ ���� �� ������: (��������� ���� ���, ���� �� ������ & �������, ����� @ https://www.coherentmarketinsights.com/insight/request-sample/6949?Mode=Openpr Competitive Landscape Analysis: Bain & […]

Click here to view original web page at www.openpr.com