Nearly All UAE Companies Believe AI Can Save Them During Economic Uncertainty
Dataiku, a platform for daily AI, conducted a study that indicated virtually all UAE businesses hope AI will help them weather the current economic storm. UAE Companies Believe AI Can Save Economic Uncertainty.
Seven hundred IT decision-makers in five EMEA nations (Europe, the Middle East, and Africa) were poll for the study. UAE was among them.
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According to the data, nearly all UAE business leaders believe AI will play a significant. Role in helping their companies weather economic storms.
UAE Companies Believe AI Can Save Economic Uncertainty
However, considerable discrepancies exist between technical and business users. According to the survey, this confidence in AI is reflect in business behavior, with 74% of organizations. Continuing or increasing investment in AI programs in the last few years.
Sixty-eight percent of businesses in the UAE have allocated. Up to half of their technology budget to artificial intelligence and have goals for the next five years.
For the United Arab Emirates, like for the rest of EMEA, ‘innovation’ is the top priority in five-year corporate goals (64%).
However, the United Arab Emirates is unique among regional powers regarding its second and third-ranked concerns. Compared to their EMEA counterparts, UAE companies place a higher premium on competitive advantage (56%) and superior customer experience (54%). This shows that the artificial intelligence market in the UAE is quite develop.