GAIN Summit to Showcase Global Experiences on AI Use in Supporting Business Leaders and Boosting Production

Riyadh:The third edition of the Global AI (GAIN) Summit, organized by the Saudi Data and AI Authority (SDAIA) in Riyadh during the period from September 10-12, 2024, will showcase the global experiences in the field of artificial intelligence technologies, including those that focus on the importance of business leaders' understanding of rapidly developing artificial intelligence technologies, and reflecting on how to increase production driven by strategic decision-making.

The deliberations of over 300 speakers, including experts, specialists, and decision-makers from 100 countries worldwide, will present business leaders and those interested in the field of data and artificial intelligence with promising options and opportunities to benefit from artificial intelligence technologies. The speakers will deliberate on the most effective methods of utilizing artificial intelligence technologies to make strategic decisions, support responsible leadership, analyze the extent of the impact of artificial intelligence on the growth of business activities and productivity, and motivate employees within an attractive work environment that meets the aspirations of business leaders.

The summit will underscore the importance of senior leaders and policymakers in making strategic decisions, determining the scope and directions of work, and achieving a competitive advantage for business. These decisions are guided by organizational policies, available resources, future plans, and other decisions based on artificial intelligence.

According to a study conducted by PricewaterhouseCoopers, productivity growth and improvement of manufacturing processes were five times faster when artificial intelligence was used to adjust processes, identify shortcomings, and reduce waste and errors. Predictive maintenance can also reduce downtime and speed up the pace of production, allowing the plant to increase production with the same or fewer inputs.