Saudi Emerging Technologies Forum to take place from 11-13 of November 2019

The annual growth in the contribution of AI is expected to range between 20-34% per year across the Middle East, with the fastest growth in the Saudi Arabia, UAE, and Egypt.

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AI is going to be a big game changer in the global economy, and much of the value potential is up for grabs. A PwC 2018 report estimated that AI could contribute up to $15.7tr to the global economy in 2030, more than the current output of China and India combined. Of this, $6.6tr is likely to come from increased productivity and $9.1tr is likely to come from benefits to consumers. 

The annual growth in the contribution of AI is expected to range between 20-34% per year across the Middle East, with the fastest growth in the Saudi Arabia, UAE, and Egypt. To meet the demand for having a global platform gathering world class technology experts, the Saudi Emerging Technologies Forum will take place from 11-13 of November 2019 in Kempinski Hotel in Riyadh to be the first conference in the Kingdom to address the deployment of emerging technologies and the 2030 plan for digital transformation plans that will power cities and economies of the 4th Industrial Revolution. 

The forum is a mega event that will gather over 500 government officials and senior level executives, moree than 50 speakers, leading 12 ppanel discussions with the participation of 900 attendees, 60 exhibitors, 12 Certified Technical Workshops, 30 Proof of Concepts & Live Demo Sessions, and a dedicated focus day for IIOT. Furthermore, 10 Pioneers in innovation will be celebrated with Awards of Excellence in recognition of their efforts on digitisation.

PwC’s report estimated that the Middle East is expected to accrue 2% of the total global benefits of AI in 2030. This is equivalent to US$320 billion where the largest gains are expected to accrue to Saudi Arabia as AI is expected to contribute over $135.2bn in 2030 to the economy, equivalent to 12.4% of GDP. In relative terms the UAE is expected to see the largest impact of close to 14% of 2030 GDP. AI contribution in Egypt is expected to reach $42.7bn in 2030, equivalent to 7.7% of the Egyptian GDP.

The forum will be chaired by Eng. Majed Alshodari, CISO at the ACIG group, and the forum will feature 10 exclusive certified workshops on the latest applications of IoT, IIoT, AI implementation for 2030 vision, Data science, Cyber security, Enterprise Architecture, Cloudification, Blockchain for government services, AR/VR, RPA implementation, Deep learning (DL), Machine learning (ML) and Coding 4.0. 

Commenting on speaking at the forum Eng. Mohammed Mahnashi, Information Security Advisor of the Saudi Ministry of Foreign Affairs, said: "Saudi Arabia, the heart of the Arab and Islamic worlds, the investment powerhouse, and the hub connecting three continents, on those three pillars the Saudi Vision 2030 relay on an ambitious yet achievable blueprint reflects our country’s strengths and capabilities and depends on the technology to achieve the vision goals.

I believe that The Saudi Emerging Technologies Forum is a key event to attend, to listen and discuss with experts in Saudi National Transformation program", Mahnashi added.


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