Saudi Arabia must make use of its younger digitally-ready inhabitants so it might probably “leapfrog” into the digital financial system, in line with a prime government at Chinese tech agency Huawei.
Speaking to Arab News, Safder Nazir, senior vice-president of digital industries at Huawei Middle East, pointed to the Kingdom’s tech-savvy children as holding the important thing for innovation.
According to Saudi Arabia’s General Authority for Statistics, 69 p.c of the inhabitants are 35 years previous or youthful.
Nazir argued that whereas older generations “take a little bit more time” to get to teams with new applied sciences, children don’t have any such reticence.
“What you’ve got in the kingdom is a great opportunity to leapfrog ahead in the digital economy, because it’s great having the technologies, but only people are using them and able to innovate using those and come up with new ways of developing businesses and transforming industries, then we’re not going to be able to fulfill the promise,” he mentioned.
Other benefits Saudi Arabia has is its fast adoption of 5G and its promotion of sensible cities, supported by new applied sciences, mentioned Nazir.
“We know the Kingdom is developing some very mega projects, as well as the renovation or the redevelopment of existing cities,” says Nazir.
“The digital infrastructure is what connects everything,” he provides.
With Artificial Intelligence growing additional, the use instances are increasing.
Nazir mentioned: “We’re hearing more about cognitive cities, for example, NEOM itself as a cognitive city on a regional level. So that’s what’s driving a lot of the topics around that. And from a Huawei perspective, we break this down into several topics.”
“What we call the digital infrastructure, is being able to sense and connect everything. So this is where things like IOT (Internet of Things) come into play, and then we need to be able to connect and transfer that data,” he mentioned, including: “This is when all the different types of connectivity are introduced from the 3G, 4G, and of course, 5G.”
Nazir believes Saudi Arabia may be very properly positioned with its fast use of 5G as it would assist drive additional the digital financial system, after which onward into AI.
“All the data that comes into the cloud platform and with the use of AI and multiple types of algorithms, we can then do smart use cases,” he defined.
As an instance, 5 years in the past, Huawei talked about doing sensible parking, utilizing road sensors.
“But today, we’re deploying smart parking, using video in the Kingdom. That is computer vision. This is the kind of enhancement that we’ve seen over the last few years,” he added.
This kind of innovation permits Huawei to point out the breadth of its portfolio from telephones all through to 5G and glued connectivity.
“By showing the use of AI, we will be bringing a Huawei cloud region into Saudi Arabia, as well as our enterprise business,” mentioned Nazir.
This will translate into the digital transformation of all industries, “from healthcare to airports, to the electric grid and so on,” he mentioned.