Generative AI Foreseen as Dominant Business Influencer in the UAE Over the Next Half-Decade
Generative AI Foreseen as Dominant Business Influencer in the UAE Over the Next Half-Decade

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Prior to GITEX Global 2023, the findings of the Cisco State of Global Innovation Report 2023 focused on the UAE were unveiled. These findings indicate that an overwhelming 95% of CIOs, IT administrators, and developers polled within the UAE regard their organization as pioneering in the realm of innovation.

Upon examining the technological developments that are poised to have profound implications on businesses, the research pointed out that participants from the UAE foresee generative AI (43%), emerging networks like 6G (38%), and digital security (38%) as the predominant forces in the forthcoming half-decade within the nation.

Globally, 57% of those surveyed perceive worth in their tech expenditures. However, in the UAE, this number climbs to 63%. Furthermore, they anticipate allocating an average of 14% of their annual earnings into innovative endeavors within the forthcoming year, surpassing global expectations.

Cisco, under the banner “Experience the Power of AI to Shape the Future”, has confirmed its attendance at GITEX GLOBAL 2023. Their objective is to spotlight their contemporary tech solutions, underscoring the essence of innovation in propelling businesses towards comprehensive digital evolution and in efficiently adjusting to novel technological paradigm shifts.

Reem Asaad, serving as Vice President at Cisco for the Middle East and Africa, mentioned that based on their analysis, IT aficionados in the UAE identify generative AI as the tech element with the utmost potential for meaningful business implications. An impressive 92% are confident in their readiness for its imminent influence. Cisco has long recognized AI’s pivotal nature in reshaping sectors and fostering innovation. Their decade-long commitment to incorporating AI elements into their extensive range of products is a testament to this recognition.

During GITEX, attendees can interact with specialists at Cisco’s exhibit and explore presentations illustrating how Cisco’s AI tech is shaping sectors like education, healthcare, financial services, retail, and manufacturing.

Abdelilah Nejjari, Cisco’s Managing Director for the Gulf region, expressed admiration for the UAE’s persistent pursuit of a fortified digital economy, which is backed by a resolute commitment to a culture of innovation. He highlighted Cisco’s longstanding partnership with the UAE, which spans over 25 years, aiding the country in realizing its visionary aspirations. GITEX remains a pivotal platform for Cisco to emphasize its dedication to fostering collaboration and spurring innovation.

Cisco is gearing up to display its newest advancements across multiple domains such as networking, digital safety, teamwork, and software solutions, elucidating its tactics to connect everything securely to achieve the unimaginable, while ensuring sustainability.

Attendees can also gain insights about Cisco’s initiatives in aiding the UAE’s shift to a digital economy through the Cisco Country Digital Acceleration (CDA) program, which has been operational in the nation since 2018. The CDA initiative signifies Cisco’s enduring collaborative endeavor with the national leaders, the corporate world, and academic institutions to invest in projects resonating with the nation’s digital objectives.

GITEX GLOBAL serves as an optimal stage for industry networking, allowing interactions with leaders, influential personalities, and pivotal governmental stakeholders. Cisco’s exhibit can be found at booth #H22-C20.