SAP CEO Hails UAE as a Leader in Artificial Intelligence for National Development
SAP CEO Bill McDermott today praised the UAE’s efforts in using artificial intelligence to transform the country’s digital economy, fuel job growth and accelerate innovation.
“The UAE is taking bold steps to bring its digital dream to life by creating the world’s first Ministry of State for AI,” Bill McDermott said at the World Government Summit being held in Dubai today. “This is an excellent model for responsible planning across private and public sectors. It will lay the foundation for a robust digital economy for generations to come.”
SAP supports the UAE’s digital transformation, recently announcing a 5-year USD 200 million investment plan, and launching a Co-Innovation Lab in its regional headquarters in Dubai. The SAP Training and Development Institute plans to build skills and knowledge in the Middle East and North Africa worth USD 100 million by 2022.
“Machines can’t dream, only humans do that,” Bill McDermott said. “With careful foresight, it is possible to create an augmented human experience through smart machines and people working in harmony.”
SAP co-innovates with leading companies in the UAE, such as Dubai Electricity and Water Authority, Emirates NBD, wasl Asset Management Group, and is the Innovative Enterprise Software Partner for Expo 2020 Dubai.
SAP is the world's leading provider of business software, offering applications and services that enable companies of all sizes and in more than 25 industries to become best-run businesses. With more than 102,500 customers in over 120 countries, the company is listed on several exchanges, including the Frankfurt Stock Exchange and NYSE.
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