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According to ‘The Global AI Agenda’ a 2020 survey of 1,000+ AI experts conducted by MIT Technology Review across the Middle East and Africa, 82% of large companies across the region had launched AI programs by the end of 2019. Also, a majority of respondents (44%) expected AI to power 21%-30% of their business processes by 2023.
With AI being the next big thing in the region, various sectors are now converging these two technologies to harvest better results. According to predictions from Forrester, 70% of organizations in the UAE alone, are expected to implement AI to analyse unstructured data in the next two years, with banking, healthcare, tourism and oil and gas considered as the top players to use big data analytics.