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As part of Saudi Arabia’s Vision 2030 plan, this AI project underscores the country’s commitment to economic diversification away from oil, aiming to become a global tech leader within the next decade. This includes initiatives to adopt AI domestically and ultimately position Saudi Arabia as an exporter of AI solutions by 2030.
In 2019, Gartner analyst Dave Cappuccio issued the headline-grabbing prediction that by 2025, 80% of enterprises will have shut down their traditional data centers and moved everything to the cloud. So, Cappuccio wasnt totally wrong; cloud is growing fast, but on-prem isnt declining as precipitously as anticipated.
Oracle has added a new AI Agent Studio to its Fusion Cloud business applications, at no additional cost, in an effort to retain its enterprise customers as rival software vendors ramp up their agent-based offerings with the aim of garnering more market share. billion in 2024, is expected to grow at a CAGR of 45.8%
This means that they have developed an application that shows an advantage over a classical approach though not necessarily one that is fully rolled out and commercially viable at scale. Citi is using Amazon Braket, a cloud-based service, to see how well quantum computers could handle portfolio optimization tasks.
At yesterdays Oracle Cloud Summit in Dubai, the company made several key announcements, highlighting not only its deepening commitment to the region but also the exciting trajectory of AI and cloud adoption across the UAE and KSA. A key point shared during the summit was how the Kingdoms organizations are increasingly investing in AI.
It is available both in a cloud-based SaaS and an on-premises version. The SAP Business Technology Platform offers in-memory processing, agile services for data integration and application extension, as well as embedded analytics and intelligent technologies. The S/4HANA Cloud Edition is offered assoftware-as-a-service.
All told then, migration to S/4HANA would need to be completed by the end of 2030. DSAG: On-prem customers must not be pushed to the cloud In general, the delay is welcomed,said Jens Hungershausen, chairman of the German-speaking SAP User Group (DSAG), commenting on the report.
Data sovereignty and the development of local cloud infrastructure will remain top priorities in the region, driven by national strategies aimed at ensuring data security and compliance. The skills gap, particularly in AI, cloud computing, and cybersecurity, remains a critical issue.
The company that just turned 35 years old in the UAE will continue to invest in local infrastructure to bring cloud capabilities that will help the UAE Government entities and private sector. Cloud is the platform for innovation and provides a rich source of services for digital reinvention. said Jasim Al Awadi, CICTO (Acting) at du.”
Like the PC revolution of the 80s and 90s, and the rise of cloud computing and SaaS in the early 2000s, when everyone has access to the same tools, its the way theyre used that confers a competitive advantage. McKinsey has calculated that global demand for data center capacity could rise at an annual rate of 19% to 22% from 2023 to 2030.
Oracle has announced the launch of Oracle Fusion Cloud Sustainability — an app that integrates data from Oracle Fusion Cloud ERP and Oracle Fusion Cloud SCM , enabling analysis and reporting within Oracle Fusion Cloud Enterprise Performance Management (EPM) and Oracle Fusion Data Intelligence.
Become reinvention-ready CIOs must invest in becoming reinvention-ready, allowing their enterprise to adopt and adapt to rapid technological and market changes, says Andy Tay, global lead of Accenture Cloud First. Reinvention-ready companies are positioned to succeed in the long term, Tay observes.
“The explosive growth of hyperscale data centers for GenAI applications is creating an unprecedented demand for power,” Bob Johnson, VP Analyst at Gartner said in the research firm’s latest report. Total ICT electricity demands will exceed 9% of total global energy production by 2030, up from less than 3% today,” Johnson pointed out. “To
The new public cloud region in Riyadh is Oracle’s second cloud region in Saudi Arabia and part of Oracle’s US $1.5 Located in Riyadh, the new cloud region will be part of a planned USD 1.5 billion investment from Oracle to expand cloud infrastructure capabilities in the Kingdom.
billion by 2030, according to a report from MarketsAndMarkets. Additionally, Nvidia has partnered with cloud service providers and other vendors, such as Oracle, AWS, Microsoft, IBM, and Google Cloud to make its NIM microservices available through their enterprise AI platforms such as OCI, Vertex AI, and Azure AI Foundry among others.
By migrating its essential systems to Google Cloud, Almarai now leverages a scalable, flexible, and cost-effective platform designed to accelerate its pace of innovation and enhance resilience in a competitive global market. “Our Our partnership with Google Cloud reflects our dedication to innovation and excellence.
In a report released in early January, Accenture predicts that AI agents will replace people as the primary users of most enterprise systems by 2030. Mitre had to create its own system, Clancy added, because most of the existing tools use vendor-managed cloud infrastructure for the AI inference part. And thats just the beginning.
But the software side is even more important when it comes to actual enterprise applications, and, this morning, IBM announced what amounts to a kind of app store for quantum software. It’s a stepping stone towards libraries and a future application store,” says Gambetta. It accelerates the race to find useful applications.”
British multinational packaging giant DS Smith has committed itself to ambitious sustainability goals, and its IT strategy to standardize on a single cloud will be a key enabler. Historically, we’ve been more multicloud or hybrid cloud, with private services as well,” says Claire Dickson, DS Smith’s CIO.
This achievement sets the technology on a course to reach its projected early fault-tolerant phase, which is expected to arrive around 2030. Error correction in particular ensures the accuracy and reliability of quantum computations, which is important in real-world applications.
Web applications are foundational to a company’s business and brand identity yet are highly vulnerable to digital attacks and cybercriminals. As such, it’s vital to have a robust and forward-leaning approach to web application security. What is DevSecOps? According to IBM , a single data breach costs $9.4
According to a report from Frost & Sullivan, the GCC cybersecurity industry continues to grow, with F&S estimating it to triple in value by 2030 to reach 13.4 The cloud is also increasing exponentially with many developments happening in the cloud.
We started on our digital transformation over the course of the last year or two and are working to reduce our digital sprawl and towards a singular ecosystem that allows us to have a complete view of our systems and our data, with a focus of being digitally capable and ready by 2030, Cook says.
A fleet of green data centers and a well-advanced plan to stop using fossil-fuel powered vehicles are among the key steps driving Intermax’s mission to be the most sustainable cloud services provider in the Netherlands. It aims to become carbon neutral in 2027 and carbon negative by 2030.
Mike Morton, VP of Microsoft Dynamics Business Central, is urging Dynamics GP customers to move from the on premises product to cloud-based Business Central, and provided an overview of the process. Microsoft isn’t the only company attempting to lure its legacy customers into the cloud.
By year-end, users of a couple of SAP applications should have the option to ask generative AI copilot, Joule, to help with their work — and the company plans to roll the feature out across all its applications one by one in the years to come. One of the unique aspects of SAP is it has a vast portfolio of applications,” Sandhu said. “We
According to Forrester , GenAI will have an average annual growth rate of 36% up to 2030, capturing 55% of the AI software market. Predictive AI will not only help make mainframe applications better, but it can also help predict what could potentially go wrong in an application and what to do to prevent that from happening.
“The barriers confronting organizations in South Africa that want to achieve carbon neutral status by 2030 are significant. Specifically, partners would be required to commit that their data centers achieve zero carbon emissions by 2030, an effort that would require the use of 100% renewable energy.
So while many CIOs have successfully shifted enterprise workloads from manual and legacy systems to new, cloud-based applications in recent years, these breakthroughs have also caused them fresh headaches. And thats not even counting the 32bn IoT devices forecast to be connected by 2030.
According to a report from Mordor Intelligence , the network automation market should top $25 billion by the end of 2024, expanding to more than $71 billion in 2030. The startups below are tackling everything from multi-cloud cost control to automated, AI-powered IT management to the deployment and operation of quantum networks.
The global market for managed services will rise in 2024 due to organizations’ IT spending surge and larger investments in managed services deals involving AI and cloud computing, according to market intelligence firm IDC. This trend, IDC attributed to the growing investments by organizations in areas such as AI and cloud.
If you reflect for a moment, the last major technology inflection points were probably things like mobility, IoT, development operations and the cloud to name but a few. through 2030 and clearly, data quality and trust are driving that investment.
Beyond the direct application of AI techniques to model and predict the climate, AI methods can be applied to industries or sectors that have a negative environmental impact to enable the reduction of GHG emissions. billion USD to the global economy by 2030 and reduce greenhouse gas emissions by 4%. “We
As organizations transition to hybrid work models and embrace cloud-based operations, the very fabric of how we work has transformed – opening doors to more security risks. In fact, according to Verizon’s Data Breach Investigation Report , over 80% of security incidents originated from web applications in 2023. Cloud Computing
Huawei predicts that by 2030, the total data generated worldwide will exceed one YB, equivalent to 2 80 bytes or a quadrillion gigabytes. Equally, if not more important, is the need for enhanced data storage and management to handle new applications. These applications require faster parallel processing of data in diverse formats.
Enabled by 5G deployments and increased cloud coverage, we are entering an era of accelerated innovation, collaboration and growth, all taking place in an ever-evolving ecosystem of partners. This ecosystem will feature a variety of different players, from telcos and hyperscalers to ISVs and cloud providers. Telstra offering a.
6G should represent a true generational leap in technology, while its standards, technologies and network architectures should be redefined based on application scenarios and requirements from 2030 to 2040. UE is supposed to communicate with the superintelligence service in the cloud to become agentic-AI intelligence entity.
The Accenture Oracle Business Group helps enterprises implement Oracle technologies such as the Oracle Autonomous Cloud, the human capital management (HCM) suite, the customer experience (CX) suite, and its ERP cloud. . billion by 2030 from $3.91 Oracle continues push for Fusion applications. billion in 2020.
Moving workloads to the cloud has been proven to reduce enterprises’ energy usage and their carbon footprint by at least 30%. These include Infrastructure-as-a-Service, Disaster Recovery-as-a-Service, hybrid and multi-cloud deployments, storage, and a wide array of modern, custom cloud-native applications.
One of the providers paving the way for the ongoing IoT revolution is Green Custard, a UK-based cloud native professional services company providing bespoke IoT solutions to organisations across the commercial, educational, and public sectors. . As the adoption of IoT devices is expected to reach 24.1
We must secure up to and including Layer 7 (the application layer) to ensure that business continues on in this 24/7 environment. Application and service threats: There are also risks from specific threats for applications and services. 5G is designed to go places. Security needs to keep up. trillion by 2030.1 Radio rogues.
Edge data centers include hardware, software, applications, data management, connectivity, gateways, security, and advanced analytics. They are an intermediary that collects, filters, and processes some types of data on site, and that sends other data that requires additional analysis back to a central data center, the cloud, or both.
trillion by 2030, and by singularly responsible for a 26 per cent boost in the GDP of local economies. This project was successfully trialled, and that has led to further consideration and ongoing development to find a broader range of applications for the AI. PwC research suggests that AI could contribute as much as $15.7
However, many modern digital applications require extremely low latency. To make the most of these applications, enterprises need distributed digital infrastructure in locations throughout the world. To prioritize sustainable development in the country, the government of Singapore created the Singapore Green Plan 2030.
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