Big Data Solutions
Currently UAE. is ranked 5th globally in use of big data solutions. The UAE held for the 6th time, ‘The Smart Summit’ from 15th-16th of April 2019. This Summit was organized to bring knowledge of AI and Big Data solutions to businesses and citizens so that these businesses can make use of this technology and citizens can be involved in the growth and development of the country. The U.A.E government is slowly beginning to use Big Data solutions for smoother functioning and improving public services for the citizens and the expatriates of the country. Many venture capitalists have invested in businesses in U.A.E and Big Data solutions keep people invested in the country as more efficient solutions are provided by this technology.
The service providers of U.A.E. are also planning to integrate Artificial Intelligence, specifically machine learning, to analyze the data collected from millions of users to guarantee loyal customers and keep them as content as possible. The industries that will be focused on using Big Data and AI in a large way will be healthcare, oil and gas, financial sector, telecommunications and transportation. This technology is going to make the country more sustainable, improve environment quality by achieving an almost paperless future, open up job opportunities, improve public services and convert all the Emirates into smart cities. Surveys show that U.A.E. consumers and businesses believe and agree that Big Data is the future of the country.
The market size of Big Data is estimated at reaching a value of 12.38 billion by 2020. The future of Big Data Analytics is bright in U.A.E. and is continuously growing into a huge industry.
Truly, artificial intelligence is the 'new electricity!'
