The IDC Saudi Arabia CIO Summit 2024 will provide a vital platform for empowering IT leaders, says Hamza Naqshbandi, Vice President at IDC

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The IDC Saudi Arabia CIO Summit 2024 will provide a vital platform for empowering IT leaders, says Hamza Naqshbandi, Vice President at IDC
The IDC Saudi Arabia CIO Summit 2024 will provide a vital platform for empowering IT leaders, says Hamza Naqshbandi, Vice President at IDC

Saudi Arabia’s Vision 2030 initiative aims to integrate AI into key areas such as energy, healthcare, and beyond.

How has Saudi Arabia’s digital transformation journey evolved in recent years, particularly in alignment with Vision 2030, and what role has AI played in this evolution?

Saudi Arabia’s digital transformation journey has accelerated in recent years with extensive collaboration between the public and private sectors. AI plays a pivotal role, with leading organizations investing in generative AI (GenAI) use cases. IDC predicts that annual spending on AI-centric systems globally will surpass $300 billion by 2026, underscoring AI’s significance in driving innovation. Saudi Arabia’s Vision 2030 initiative aims to integrate AI into key areas such as energy, healthcare, and beyond. At the same time, IT leaders are increasingly recognizing AI’s transformative potential to enhance customer experiences, improve operational efficiency, and boost sustainability. Together, all of this is prompting a shift toward an ‘AI everywhere’ mindset.

CIOs must prepare their organizations for this future by focusing on data-centric platforms, cloud migration, and skills development. The IDC Saudi Arabia CIO Summit 2024 will provide a vital platform for empowering IT leaders with insights to navigate this evolving landscape.

What benefits can AI deliver to different industry sectors?

The implementation of AI can strengthen a variety of different sectors in multiple ways. Harnessing AI has the potential to shape industries such as healthcare, oil and gas, hospitality, and more. AI can play a significant role in strengthening decision-making processes, transforming urban management, fostering innovation, and impacting broader society in Saudi Arabia.

What kind of insights can attendees expect to gain from the IDC Saudi Arabia CIO Summit 2024?

The summit has been a staple of the IT leadership calendar for the past 14 years due to its unique ability to connect CIOs with global tech companies and other IT decision-makers. It fosters unrivaled business and networking collaboration, facilitating in-depth discussions on the key issues shaping Saudi Arabia’s tech agenda. Running under the theme ‘The Future of IT: Rethinking Digitalization for an AI Everywhere World’, this year’s edition will be packed with informative keynote sessions, enlightening panel discussions, and real-life case studies, with seasoned experts addressing everything from AI and the digital economy to cloud, security, data, sustainability, and much more.

What distinguishes this year’s summit from previous editions? 

Each edition has its own distinguishing feature, and this year’s installment follows in that tradition by hosting the inaugural installment of the CIO50 Awards for Saudi Arabia. The awards have been designed to honor the Kingdom’s top 50 CIOs and senior technology executives for their role in steering innovation within their organizations and across Saudi Arabia.

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