Frost & Sullivan’s latest research highlights the top 50 technologies that CIOs should be keeping a close eye on in the coming years. The analysis focuses on technologies with the largest near-term commercial potential, set to materialize within the next 2 to 3 years across nine different technology clusters.
Abdulaziz Jalab, Vice President and KSA Country Leader at Frost & Sullivan, emphasizes that many of these technologies are already familiar concepts in Saudi Arabia, aligning with the country’s vision to advance areas such as artificial intelligence, cybersecurity, cloud computing, internet of things, quantum, 5G technology, big data analytics, and blockchain to drive innovation and economic diversification.
AI is a key focus of the report, with findings showing that AI and Generative AI have the potential to add trillions in value to global economies in the coming decades. In Saudi Arabia, the establishment of the Saudi Company for Artificial Intelligence (SCAI) demonstrates the country’s commitment to becoming a global leader in AI through strategic partnerships and investments, including a $40 billion fund dedicated to AI initiatives.
Overall, the research highlights the importance of staying ahead of technological advancements in order to remain competitive in the rapidly evolving digital landscape. By leveraging these emerging technologies, organizations can enhance efficiency, connectivity, and innovation, ultimately strengthening their position in the global market.
Source
Photo credit www.consultancy-me.com