Despite prevalent economic headwinds, Egypt is on a mission to implement digital technologies across local institutions and organizations. In line with the Vision 2030 strategy, the country’s leaders have been working closely with private and public sector entities to meet their ambitious goals and objectives. Moreover, many of Egypt’s leading organizations will now explore and invest in AI use cases. IDC believes that organizations need to be ready for an "AI Everywhere" world in the future. IDC forecasts that annual spending on AI-centric systems worldwide will surpass $300 billion by 2026, while ICT spending in Egypt will exceed $7 billion by 2024.
Today, the heat is on! In the era of GenAI-driven disruption, technology leaders are reassessing. Given AI’s transformative power to significantly enhance digital innovation, customer experiences, operational efficiency, and sustainability, forward-thinking governments and digitally-driven organizations are adopting an ‘AI everywhere’ mindset — they are making AI a tech agenda priority to maintain competitive parity with early adopters.
As a result, today’s IT leaders increasingly find themselves in multidimensional, strategic, and collaborative roles, in which reporting structures and mandates have evolved and risen in prominence. These new roles also have greater responsibilities. With AI increasingly embedded in services, products, and experiences, it will inevitably become intertwined with the lives of employees, customers, partners, and society at large. Indeed, AI will be everywhere — underpinning areas such as performance, growth, engagement, satisfaction, safety, security, governance, privacy, sustainability, ethics, wellbeing, payments, and more.
CIOs and IT leaders need to prepare their organizations for an "AI Everywhere" future. They must focus on building data-centric platforms, migrating to cloud infrastructure, governing cloud economics, redefining security and digital trust, and investing in skills.
The IDC Egypt CIO Summit 2024 will provide an essential platform for empowering IT leaders. It will help leaders better understand their new roles in today's AI-infused landscape and deliver expert guidance on achieving success and crafting innovative solutions for current and emerging challenges. Speakers will discuss a multitude of hot topics, trends, and challenges, providing technology leaders with the critical insights they require to forge new business models, adapt to shifting business landscapes, and scale massively in today’s dynamic digital economy.
