Synapse - Africa’s 4IR Trade & Innovation Magazine - 2nd Quarter 2019 Issue 04

Page 28

MICROSOFT, EY JOINT STUDY UNVEILS AI maturity levels amongst UAE businesses including next steps to accelerate Digital Transformation

2ND QUARTER 2019

A report commissioned by Microsoft and conducted by EY says the UAE has seen the second highest AI investment over the past decade, more than USD $2.15 billion One in five companies in the country consider AI as their top digital priority 94% of C-suite leadership consider ‘AI strategy’ as an important topic and 35% of non-managerial staff are actively having AI discussions

SYNAPSE

26

NEW RESEARCH shows the state of AI within businesses across the UAE is expected to improve dramatically over the next three years, particularly as a growing number of executives look to AI to drive their digital agendas. Already, 18% of businesses in the country consider AI their most important digital priority. This is according to the AI Maturity Report in the Middle East and Africa (MEA) Click here – a new study commissioned by Microsoft and conducted by EY. Much of the UAE’s progress in elevating the AI agenda is a direct result of leaders across the country recognising that the technology is quickly becoming a key differentiator across all sectors and actively pursuing their AI agendas accordingly. In fact, 94% of companies in the UAE report involvement in AI at executive management level – the highest percentage of any surveyed country in MEA. “When we examine companies with high AI maturity, it’s clear that the technology is driven directly by the CEOs themselves. This high level of involvement typically results in greater investment in AI, broader adopti on and a greater


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.