๐๐๐ 93% of firms in #Saudi have advanced strategies for AI integration: #Cisco
Recent research from Cisco has unveiled a noticeable surge in the adoption of artificial intelligence (AI) among private enterprises in Saudi Arabia, driven by the imperative to enhance workplace efficiency and productivity.
Entitled "AI Readiness Index in Saudi Arabia," the report surveyed over 8,000 companies across 30 nations to gauge their AI integration plans. Timed ahead of the LEAP 2024 conference in Riyadh, touted as the "world's most attended tech event," the findings shed light on the state of AI adoption in the Kingdom.
While a significant 93% of Saudi companies boast advanced strategies for AI integration, a mere 8% feel adequately prepared to fully implement the #Technology . Challenges cited include inadequate infrastructure to support complex AI processes and a lack of clarity in regulatory frameworks.
A notable 31% of respondents identify a shallow talent pool as a key obstacle to embracing AI, with 82% committing to enhancing employee skills through increased investment in AI training. Nonetheless, the overwhelming majority of surveyed enterprises are eager to leverage AI to boost workplace productivity, with many eyeing new revenue streams and personalized client services.
The report highlights collaborative efforts between Saudi Arabia's private sector and government to promote AI adoption, despite cybersecurity concerns. Salman Faqeeh, Cisco Saudi Arabia's Managing Director, emphasizes the index's insights for the National Strategy for Data and AI implementation.
Saudi Arabia is actively investing in AI, seen through initiatives like the adoption of Nvidia chips and a national AI education program. The creation of AceGPT, a native large language model, highlights the country's dedication to fostering AI innovation rooted in Arabian culture.
Faqeeh emphasizes Saudi Arabia's recognition of AI's transformative potential, aligning with its Vision 2030 agenda to position the Kingdom as a global AI leader.
Source - coingeek.com