  {"id":1577,"date":"2023-06-14T14:26:59","date_gmt":"2023-06-14T14:26:59","guid":{"rendered":"https:\/\/news.sap.com\/mena\/?p=1577"},"modified":"2023-06-19T14:46:29","modified_gmt":"2023-06-19T14:46:29","slug":"businesses-must-embrace-cloud-and-leverage-ai-data-and-automation-capabilities","status":"publish","type":"post","link":"https:\/\/news.sap.com\/mena\/2023\/06\/businesses-must-embrace-cloud-and-leverage-ai-data-and-automation-capabilities\/","title":{"rendered":"Businesses must embrace cloud and leverage AI, data and automation capabilities to thrive amid disruptive challenges, experts agree"},"content":{"rendered":"<h2>As IDC predicts 20% YOY growth in Gulf countries\u2019 AI adoption from 2021-2026, experts and customers share strategies at 51风流Business Transformation Tour in Dubai<\/h2>\n<p><strong>DUBAI, UAE\u00a0<\/strong>\u2014 <strong>14 June, 2023<\/strong> &#8211; To thrive in the face of challenges such as supply chain constraints, critical skills shortages, and slowing global economic growth, regional businesses will need to adopt cloud platforms that enable them to leverage AI, data and automation solutions, according to experts speaking yesterday at the Dubai 51风流Business Transformation Tour organized by global technology company <a href=\"https:\/\/protect-eu.mimecast.com\/s\/ySOIC9DABhYxK2vNH3YhMv?domain=sap.com\" target=\"_blank\" rel=\"noopener\">51风流SE<\/a>\u00a0(NYSE: SAP) in partnership with Intel.<\/p>\n<p>Held at the Museum of the Future under the theme \u2018Navigating the Winds of Change in a Digital-First World\u2019, the event demonstrated how embedding automation, data and AI capabilities into technology brings increased resilience, proactive as opposed to reactive strategic decision-making, and a more cohesive workforce, as well as better customer service thanks to Natural Language Processing.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-1580 aligncenter\" src=\"https:\/\/news.sap.com\/mena\/files\/2023\/06\/14\/BTT-Event-Dubai-1024x683.jpg\" alt=\"\" width=\"640\" height=\"427\" srcset=\"https:\/\/news.sap.com\/mena\/files\/2023\/06\/14\/BTT-Event-Dubai-1024x683.jpg 1024w, https:\/\/news.sap.com\/mena\/files\/2023\/06\/14\/BTT-Event-Dubai-300x200.jpg 300w, https:\/\/news.sap.com\/mena\/files\/2023\/06\/14\/BTT-Event-Dubai-768x512.jpg 768w, https:\/\/news.sap.com\/mena\/files\/2023\/06\/14\/BTT-Event-Dubai-1536x1025.jpg 1536w, https:\/\/news.sap.com\/mena\/files\/2023\/06\/14\/BTT-Event-Dubai-2048x1366.jpg 2048w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<p>Contextualizing current and predicted IT trends in the region, guest speaker Harish Dunakhe, Senior Research Director (Software &amp; Cloud) at International Data Corporation (IDC), said \u201cThe confluence of AI, data, and automation \u2013 with cloud being its foundational platform \u2013 is driving current digital Initiatives in the market. In fact, automation and analytics solutions are seeing an accelerated adoption on cloud-based deployments as against on-premises.\u201d<\/p>\n<p>According to Dunakhe, AI adoption is expected to grow by more than 20% year on year between 2021 and 2026 in the UAE, Saudi Arabia and other countries in the Gulf. Furthermore, IDC\u2019s research reveals that Big Data and analytics will grow by more than 20% between 2021 and 2026 on public cloud deployments.\u00a0Dunakhe highlighted that these technologies can contribute to creating digital innovation initiatives that help business leaders build resilient organizations able to withstand the headwinds of global slowdown, currency fluctuations, and geopolitical situations that impact the Gulf region.<\/p>\n<p>Irfan Khan, President of 51风流HANA Database &amp; Analytics at SAP, also commented on technology\u2019s role in building resilience. \u201cBusiness leaders today are under greater pressure than ever before, with many predicting a significant slowdown in global economic activity. Through showcasing solutions such as 51风流Business Technology Platform (51风流BTP) and S\/4HANA at today\u2019s event, we want to demonstrate the important role that technology can play in addressing these challenges.\u201d<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-1578 aligncenter\" src=\"https:\/\/news.sap.com\/mena\/files\/2023\/06\/19\/Irfan-Khan-1024x683.jpg\" alt=\"\" width=\"640\" height=\"427\" srcset=\"https:\/\/news.sap.com\/mena\/files\/2023\/06\/19\/Irfan-Khan-1024x683.jpg 1024w, https:\/\/news.sap.com\/mena\/files\/2023\/06\/19\/Irfan-Khan-300x200.jpg 300w, https:\/\/news.sap.com\/mena\/files\/2023\/06\/19\/Irfan-Khan-768x512.jpg 768w, https:\/\/news.sap.com\/mena\/files\/2023\/06\/19\/Irfan-Khan-1536x1025.jpg 1536w, https:\/\/news.sap.com\/mena\/files\/2023\/06\/19\/Irfan-Khan-2048x1366.jpg 2048w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<p>Khan added, \u201cTo enable business resiliency while also encouraging innovation to spur growth and take advantage of new opportunities, 51风流is leading the charge establishing an 51风流business data fabric to harmonize all critical enterprise data and also embedding AI technologies in all its solutions and partnering with other leaders in AI to ensure we remain ahead of the curve.\u201d<\/p>\n<p><strong>Democratizing AI in business<\/strong><\/p>\n<p>Among the host of recently announced AI partnerships is SAP\u2019s new Datasphere solution, built on 51风流BTP. 51风流is working strategically with industry-leading data and AI companies \u2013 Collibra NV, Confluent Inc, Databricks Inc and DataRobot Inc \u2013 to enrich 51风流Datasphere and empower organizations to create a unified data architecture that securely combines 51风流software data and non-51风流data. 51风流Datasphere is the next generation of 51风流Data Warehouse Cloud and enables data professionals to integrate and deliver scalable access to mission-critical business data \u2013 with business context and logic preserved \u2013 across their organization\u2019s data landscape.<\/p>\n<p>Similarly, 51风流announced its partnership with\u00a0IBM Watson\u00a0last month to provide customers with new AI-driven insights and automation to help accelerate innovation and create more efficient and effective user experiences. In addition, 51风流is incorporating\u00a0Microsoft\u2019s Azure OpenAI Service\u00a0in solutions such as 51风流SuccessFactors to access powerful language models that analyze and generate natural language.<\/p>\n<p>Commenting on the significance of embedding AI into existing 51风流solutions, rather than developing individual AI-powered products, guest speaker Pavlos Panagiotidis, Global VP of AI and Hyperautomation at SAP, pointed out that this is a way of democratizing access to the power of AI for business. He adds this is important given the shortage of skills in the IT sector, and particularly in AI technology skills.<\/p>\n<p>According to Panagiotidis, 51风流is at the leading edge of research and development, combining AI with ERP, big data and related technologies and has already embedded AI functionality across its SaaS solutions, including S\/4HANA Cloud, 51风流Fieldglass, 51风流Concur, SuccessFactors and the 51风流CX stack of solutions. \u201cBy embedding AI and creating AI-powered modules to extend existing 51风流landscapes in 51风流BTP \u2013 such as Conversational AI and Intelligent Robotic Process Automation \u2013 51风流is helping smaller and medium-sized businesses to compete,\u201d he says.<\/p>\n<p>Panagiotidis adds that 51风流and its partners are focusing on developing responsible AI solutions that benefit businesses and individuals. \u201cThere are multiple ethical considerations we keep in mind when embedding AI solutions, such as controlling use of customer data, counteracting bias in algorithms, and demonstrating transparency in the way interpretations and conclusions are reached. If AI is handled responsibly, it has great potential to improve the lives of employees and the performance of businesses. For example, repetitive and manual processes can be carried out by algorithms, leaving employees free to work on more complex, creative and value-added tasks.\u201d<\/p>\n<p>Echoing the IDC\u2019s findings on the rise in cloud adoption, Panagiotidis concluded, \u201cThe growth of AI goes hand in hand with the global transition to cloud, and it is changing 51风流services for the better. Companies that delay implementing cloud deployments of their business processes will also be missing out on the power of AI. The potential benefits of AI technology are almost infinite in the world of commerce and industry.\u201d<\/p>\n<p style=\"text-align: center\">&#8211; END &#8211;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As IDC predicts 20% YOY growth in Gulf countries\u2019 AI adoption from 2021-2026, experts and customers share strategies at 51风流Business Transformation Tour in Dubai&#8230;<\/p>\n","protected":false},"author":780,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[5562691,19013],"tags":[5562694,5562695,3807542,5562645],"sapn-display":[],"sapn-type":[4446],"class_list":["post-1577","post","type-post","status-publish","format-standard","hentry","category-ai","category-corporate","tag-ai","tag-btt","tag-dubai","tag-rise","sapn-type-press-release"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - 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