RIYADH: Saudi Arabia had the potential to double the size of its economy to $1.6 trillion and add an extra $293 billion by 2030 if it fully adopted intelligently automated systems in all sectors, a report has revealed.
The buoyant outlook for the Kingdom came from research commissioned by Automation Anywhere, a global specialist in robotic process automation (RPA).
The study by professional services giant Ernst and Young computed the impact of incremental automation adoption – a combination of RPA and artificial intelligence (AI) – across all sectors in the country, using three possible scenarios.
The first, an optimistic scenario, conveying a 50 percent incremental intelligent automation adoption by organizations throughout the region, was predicted to add $293 billion to the nominal gross domestic product (GDP) by 2030.
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May 1, 2021
Despite “a most extraordinary” year, the University of the West Indies has managed to put out a “sterling” performance, rising above the challenges that posed a threat to its existence, Professor Sir Hilary Beckles declared Friday, hours before his tenure as the university’s ninth Vice-Chancellor was renewed.
Late Friday, the Jamaica Gleaner reported that Sir Hilary’s five-year term as Vice-Chancellor was renewed by the university council.
Presenting his 2019/2020 year in review report to the university council, Sir Hilary pointed out that the COVID-19 pandemic came on the heels of devastations from recent hurricanes and against the background of continued struggles in the region with the scourge of non-communicable diseases.