90 percent of CIOs to invest in Internet of Things by 2019

Ahmed Al-Faifi, managing director, SAP Saudi Arabia, Bahrain, and Yemen
Updated 06 October 2017
0

90 percent of CIOs to invest in Internet of Things by 2019

Business transformation enabler SAP will showcase how the Internet of Things can drive Saudi Arabia’s digital business competitiveness at GITEX Technology Week 2017.
By 2025, research firm IDC predicts there will be 80 billion Internet of Things devices worldwide, enhancing productivity, efficiency, and the customer experience. To boost digital competitiveness, 90 percent of companies plan to invest in Internet of Things projects over the next 12-24 months.
As the GITEX business transformation partner, SAP said it will support the Kingdom’s adoption of the Internet of Things. The SAP stand will showcase Internet of Things in live airports, the SAP Leonardo Experience for the recently launched digital innovation system, and SAP Blockchain for Real Estate.
“Saudi Vision 2030 and the National Transformation Program 2020 are catalyzing business innovation with technology across key sectors such as government, oil and gas, and banking and finance. CIOs across the Kingdom want to leverage cloud-based Internet of Things for new digital business models. GITEX Technology Week presents a vital platform for CIOs to experience SAP’s practical Internet of Things use cases,” said Ahmed Al-Faifi, managing director, SAP Saudi Arabia, Bahrain, and Yemen.
GITEX attendees will also be able to experience SAP’s cloud innovations in artificial intelligence, blockchain, and machine learning. Attendees can hear the latest trends and insights from SAP experts at the GITEX Vertical Days conference sessions on “Intelligent Cities and Smart Manufacturing.”
Visitors can also learn about winnovate, powered by SAP. The newly launched initiative aims to help the region to embrace innovation by offering collaborative learning opportunities and engaging programs based on various innovation methods. It claims to act as a catalyst for enquiring minds that are open to ground-breaking thinking methodologies and supports individuals and organizations alike.
At GITEX Technology Week 2017, SAP will exhibit under the theme of “Empathy to Action” in Hall 6 at the Dubai World Trade Centre.


Bank Al-Bilad leaders benefit from Ashridge program

Updated 19 July 2018
0

Bank Al-Bilad leaders benefit from Ashridge program

More than 20 senior leaders from Bank Al-Bilad recently participated in an Ashridge Executive Education Leadership Development Program in Riyadh. With a focus on building 21st century leadership capabilities, this highly experiential and practical learning approach helped leaders communicate their strategic vision, set direction and develop high-performing teams to succeed within the dynamic and fast-moving Saudi banking sector.
With over 20 years of experience in developing regional business leaders, Ashridge delivered a highly customized program, designed not only to address the specific challenges facing the bank’s leaders today, but also to unlock emerging opportunities in the future.
Haitham Al-Medainy, general manager of Bank Al-Bilad, said: “Banking executives must constantly evolve their strategic platforms to keep pace with emerging challenges. In our sector, change is constant — from changing regulations to economic movements — and our leaders need to be prepared to tackle these issues with a focus on organizational leadership. The Ashridge program combined leadership development with strategic thinking and gave them hands-on development in solving their daily business challenges.”
The program was led by Ashridge’s international faculty team of Colin Williams and Tony MacRae. “This was an exciting collaborative partnership with Bank Al-Bilad, and a great opportunity to engage with and develop the bank’s leaders around their essential leadership and strategic capabilities necessary to successfully compete in today’s complex and challenging marketplace,” they said in a statement.
Established in 1959, Ashridge is a leading business school for working professionals with an international reputation for leadership development. It is among the 1 percent of business schools globally accredited by AMBA, EQUIS and AACSB; these are the highly regarded benchmarks of quality and standards in business education worldwide.
Each year it works with over 6,000 managers from 850 organizations in 60 countries by helping them to develop their leadership capabilities.
Regionally, Ashridge has over 20 years’ experience in the Middle East, designing and delivering senior leadership assessment and development projects.