The potential impact of Artificial Intelligence in the Middle East Countries

The potential impact of Artificial Intelligence in the Middle East Countries

April 22, 2019
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The advanced technologies are impacting major cities in the Middle East that rising both economically and creating opportunities for business. UAE is the fastest growing city has a unique strategic plan, economic vision, and deep resources and attractive business concerns to disruption of AI in all areas. The artificial intelligence has the capability to solve various problems and greatest challenges that effect to improve resources in the Middle East countries.

The Middle East countries like Jordan, Kuwait, Oman, Qatar, and Saudi Arabia are leading the direction to implement artificial intelligence services in their private and public domains. The advanced technology making a huge impact on human lives that will provide huge success in business and credible process to reduce risk in the operations by reducing deception methods.

Artificial Intelligence grows must begin by looking at the role of advanced technologies economically and particular that really affects growth. The AI also applied within enterprises to handle efficiently databases of data by creating it simpler to reach and implement within business purposes. This technology can employ to enhance productivity and reduce operational expenses.

This space has created a boom for Artificial Intelligence development companies in Qatar, Jordan, and major cities in the UAE. The enterprises can apply AI and machine learning that helps to detect marketing goals and identifies the patterns in order to obtain required documents more rapidly and efficiently. Many AI Development Companies in Qatar, Kuwait have implemented their unique technologies to their customer projects. In addition, AI can help ecommerce industries to place order management system by promoting up and extend the order realization process. Here are the areas where AI supports.

Fraud detection

Artificial Intelligence helps to gain loyalty from customers by protecting the data and drive business benefits. Responsively AI helps to detect and prevent potential fraud methods and security hacks to their business operations. Including a cognitive system that continually helps to learn and develops the ability to create reliable and protect conclusions on the produced large amount of data.

Return on Investment

In the business, there is variance in the amount and the sorts of problems that AI can determine, and it will be unusual that industry will develop AI applications that will be capable to determine all its difficulties. Instead, companies will be capable to better maximize their ROI by utilizing various AI technologies to their present specific business problems. Today, we see various companies deciding the significant ROI with the blend of automation and cognitive service technologies.

Customer Support

In recent ages, humans operated customer support services traditionally completely. The employees take care of the customer via calls and respond to their inquiries. With much of today’s customer support engagement being managed by online, businesses are often looking to have more long and pleasant conversations with their consumers instantly. This is where AI supports. By leveraging data obtained from customer relationship control solutions, AI can highlight essential customer data and perform it directly available to agencies.

Automated Inventory

Artificial Intelligence is simply the source to produce out the best in each division. It is providing helpful insights that help to develop business and can eliminate a lot of human effort on an automatic inventory checkup. AI is now extensively utilized as a model for placing orders when necessary. This provides an opportunity for companies to hold a track of complete purchase orders and to secure that inventory is in the optimization step.

Transportation

AI utilizes recognized data to perform or even predict determinations properly. Safety of peoples when moving by public transportation in public fields develops by tracking violation data in real terms. This will also allow the police officers to improve their ability by watching and holding their citizens protected. Self-driven cars and vehicles have been of high importance in the last many years. In the financial sector. The utilization of artificial intelligence predicts the direction of pedestrians and supports to reduce traffic accidents and enabling them to reduce emissions.

Banking and Finance

One of the important AI applications employed in the banking sector, it has the ability to learn continuously from the data it provides with, and hence improving its decision-making methods over time. Cybersecurity is a modern hot topic for the banking services sector. AI can add real value in both of these fields. Machine Learning programs can apply to recognize user models and identify unusual network management.

Human Resource Management:

Artificial Intelligence has drastically helped in HR management to produce high-quality data and it becomes an essential part of any company. If looks of the hiring and HR job can automate, the HR workers can have the independence to quickly serve with people in the industry, employing the quality human time needed for a vast HR business.

Robo Advisors

The main benefit of adopting robo-advisors is less expensive. Wealth managers in the trading department use robo-advisor technology to predict the invest that obtains more profits in returns. Due to automation, robo-advisor enterprises are capable to strive their services for much lower than regular advisors. Robo advisors usually present accurate, up-to-date data on any action decided that impresses a customer covers the precise number of pieces, purchased, exchanged, or maintained in an account.

Conclusion

Every industry in Middle East Countries is looking to include AI for transparency and strong attention in their business operations. According to our recent survey, 60 % of business is having already adopted artificial intelligence for automation and smart services. As we can see and observe that the utilization of artificial intelligence is accepted in every perspective of the market. Today all business is to some extent holding smart technology.

At Fusion Informatics, a leading artificial intelligence development company in Kuwait, Qatar and major cities in Middle East countries operating on advanced technologies. If you are looking for reliable AI companies in Dubai, Kuwait, and Qatar to develop artificial intelligence for your enterprise feel free to contact us. We hold 18+ years of experience in developing AI technologies that drive more sales and enhance productivity for your enterprise.

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