{"id":4644,"date":"2019-07-28T13:37:47","date_gmt":"2019-07-28T13:37:47","guid":{"rendered":"https:\/\/web3unplugged.io\/blog\/?p=4644"},"modified":"2020-06-07T13:38:52","modified_gmt":"2020-06-07T13:38:52","slug":"uae-leads-regional-ai-market-to-usd-530-million-by-2022","status":"publish","type":"post","link":"https:\/\/web3unplugged.io\/blog\/uae-leads-regional-ai-market-to-usd-530-million-by-2022\/","title":{"rendered":"UAE Leads Regional AI Market To USD 530 Million By 2022"},"content":{"rendered":"\n<p>The UAE\u2019s recently-launched Artificial Intelligence Strategy 2031 is pioneering the Middle East and Africa\u2019s artificial intelligence (AI) market topping USD 530 billion by 2022, industry experts announced today.<\/p>\n\n\n\n<p>The UAE aims to use AI to enhance government performance and efficiency, especially in Education with personalized learning, Transportation with reduced crashes, Energy with enhanced facilities management, Technology with new levels of communication, and Space with more accurate testing and performance.<\/p>\n\n\n\n<p>Boosted by the UAE\u2019s public and private sector investment in AI, the Middle East and Africa\u2019s Artificial Intelligence market is set to grow by a stunning 83 percent, from USD 290 million in 2019 to USD 530 million by 2022, according to IDC.<\/p>\n\n\n\n<p>\u201cBoardrooms across the UAE are excited about the AI Strategy 2031 in supporting rapid AI adoption, and are investing in AI for their future business models,\u201d argues Savitha Bhaskar, COO at the UAE-based IT infrastructure and information management consultancy and solutions provider Condo Protego. \u201cChannel partners can help organizations to follow a three-step AI process: understand how AI can be used, develop specific use cases, then calculate the cost-benefit to the business.\u201d<\/p>\n\n\n\n<p>Because of the vast amount of computing power needed to analyze massive amounts of data, the foundation for organizations to adopt AI is high-performance computing across workstations, servers, networking, storage, software and services.<\/p>\n\n\n\n<p>Condo Protego expects to see strong regional interest in Dell Technologies\u2019 Ready for AI portfolio of solutions, including on-premise hardware and analytics software.<\/p>\n\n\n\n<p>\u201cTrue artificial intelligence requires organizations to have massive data to analyze, and investment in computing power to find the signal in the noise of the data,\u201d added Savitha Bhaskar. \u201cAs AI increases in capability and drops in costs, the medium-term use cases could be autonomous vehicles communicating with one another; statistical modeling in banking, finance, and insurance to approve loans or to buy and sell stocks and derivatives; and Web-scale media distributors personalizing content.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The UAE\u2019s recently-launched Artificial Intelligence Strategy 2031 is pioneering the Middle East and Africa\u2019s artificial intelligence (AI) market topping USD 530 billion by 2022, industry experts announced today. The UAE aims to use AI to enhance government performance and efficiency, especially in Education with personalized learning, Transportation with reduced crashes, Energy with enhanced facilities management, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4645,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-4644","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"rttpg_featured_image_url":{"full":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/06\/4-10.jpg",1200,800,false],"landscape":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/06\/4-10.jpg",1200,800,false],"portraits":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/06\/4-10.jpg",1200,800,false],"thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/06\/4-10-150x150.jpg",150,150,true],"medium":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/06\/4-10-300x200.jpg",300,200,true],"large":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/06\/4-10-1024x683.jpg",1024,683,true],"1536x1536":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/06\/4-10.jpg",1200,800,false],"2048x2048":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/06\/4-10.jpg",1200,800,false],"post-thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/06\/4-10.jpg",630,420,false],"graptor-sq-xs":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/06\/4-10.jpg",100,67,false]},"rttpg_author":{"display_name":"admin","author_link":"https:\/\/web3unplugged.io\/blog\/author\/admin\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/web3unplugged.io\/blog\/category\/uncategorized\/\" rel=\"category tag\">Uncategorized<\/a>","rttpg_excerpt":"The UAE\u2019s recently-launched Artificial Intelligence Strategy 2031 is pioneering the Middle East and Africa\u2019s artificial intelligence (AI) market topping USD 530 billion by 2022, industry experts announced today. The UAE aims to use AI to enhance government performance and efficiency, especially in Education with personalized learning, Transportation with reduced crashes, Energy with enhanced facilities management,&hellip;","_links":{"self":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/4644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/comments?post=4644"}],"version-history":[{"count":1,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/4644\/revisions"}],"predecessor-version":[{"id":4646,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/4644\/revisions\/4646"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/media\/4645"}],"wp:attachment":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/media?parent=4644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/categories?post=4644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/tags?post=4644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}