Intelligent Tech Channels Issue 21 | Page 65

FINAL WORD Companies across these regions are deploying AI technologies to revolutionise customer service as more and more consumers are showing an acceptance to AI-driven experiences. W e are living in an era of unparalleled innovation. As new and emerging technologies continue to redefine IT and business, the pace of change and technological advancement is accelerating. Today, we are looking at a smarter, intelligent future driven by technologies such as cloud, Artificial Intelligence, Blockchain, Internet of Things, and more. While the industry has already embarked on its Digital Transformation journey, businesses are yet to realise the full potential of these technologies and how they will shape the way we do business in the future. In the coming years, new digital businesses and brands will bring greater focus into the region and will help accelerate the ICT business. Across the Middle East, Africa and Turkey, banking, finance, healthcare and utilities are taking the lead in driving Digital Transformation. The local drivers for such initiatives centre around customer experience enhancement and achieving competitive INTELLIGENT TECH CHANNELS Issue 21 advantage. These initiatives are driving investments into mobility, analytics, cybersecurity and cloud solutions. Regardless of the industry or enterprise, one or the other technology will definitely play a part in transforming the business by offering benefits like cost savings, improved security and better customer experience, among others. Here we define the top technologies that regional organisations can leverage to transform their business in 2019: 1. Internet of Things With the acceleration of Digital Transformation in the region, more and more devices are getting connected. Although the adoption of IoT will be massive, it is still slow as the devices are not standardised. From autonomous vehicles to drones to sensors in oilfields, healthcare, transport, oil and gas etc, IoT will have a huge impact on enterprises and consumers. Our group is developing innovative IoT solutions and is working with IBM and other major players like Microsoft, Cisco and GE to implement solutions like predictive maintenance instead of the traditional preventative maintenance model for oil and gas assets and real estate facilities based on Maximo. One of our affiliated companies recently signed an agreement with Etisalat to jointly offer Smart Integrated Facility Management Solutions to achieve cost savings, operational efficiencies and enhanced customer satisfaction. 2. Artificial intelligence The use of AI technologies is now penetrating many aspects of business. A recent survey by ServiceNow across Europe, Middle East and Africa indicates that customer service is an area that is showing a fast return on investment. Companies across these regions are deploying AI technologies to revolutionise customer service as more and more consumers are showing an acceptance to AI-driven experiences. Nearly 30% of EMEA organisations have introduced AI technologies to customer service and 72% of those are already seeing benefits that include freeing up agent time, more efficient 65