Majority of Saudi Businesses Intend to Invest More in Artificial Intelligence

According to online data, a staggering 94% of Saudi companies have expressed their intention to increase their investments in artificial intelligence (AI).

This announcement was made by the Minister of Municipal and Rural Affairs and Housing, Majid Al-Hogail, during his opening speech.

Al-Hogail stated that Saudi Arabia’s exceptional journey towards transformation has enabled them to leverage the power of AI technology and data to create a tangible impact on municipalities.

The country’s commitment to embracing the potential of AI is evident, as they aim to use this technology to enhance various aspects of daily life.

The President of the Saudi Data and Artificial Intelligence Authority, Dr. Abdullah Al-Ghamdi, further elaborated on this development.

He highlighted that during the previous Hajj season, the collaboration between the authority and the Ministry of Interior resulted in the successful implementation of advanced analytics and AI solutions to manage traffic flow and large crowds.

This initiative significantly reduced waiting times at the entrances to the holy city of Makkah.

The increasing interest in AI investments by Saudi companies is a testament to their recognition of the transformative potential of this technology.

By harnessing the power of AI, businesses in Saudi Arabia aim to enhance efficiency, productivity, and service quality across various sectors.

Artificial intelligence has emerged as a critical tool in driving innovation and fueling economic growth. It offers immense potential for streamlining processes, optimizing resource allocation, and improving customer experiences.

Recognizing these benefits, Saudi companies are actively embracing AI as a means to gain a competitive edge in the global market.

In conclusion, with 94% of Saudi companies planning to boost their investments in artificial intelligence, the Kingdom is poised to become a global leader in AI adoption.

This commitment to advancing AI technology will undoubtedly pave the way for a more prosperous and technologically advanced future for Saudi Arabia.