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Deputy Minister: Industry 4.0 is a key enabler of digital transformation

11 Nov 2019
Deputy Minister: Industry 4.0 is a key enabler of digital transformation

Dr. Ahmed Al-Thenayyan, Deputy Minister for Technology and Digital Capacities Development at the Ministry of Communications and Information Technology, stressed the importance of emerging technologies’ role in accelerating the current and unprecedented transformation in the Kingdom of Saudi Arabia, and achieving a higher contribution to GDP driven by the potential of these technologies for enabling entrepreneurship and innovation. This came during his keynote speech at the opening of Saudi Emerging Technologies Forum, held in Riyadh between 11-13/11/2019, in the presence of prominent local and global leaders and decision makers in the field of technology.

Dr. Al-Thenayyan pointed out that the Ministry has developed numerous programs and initiatives geared toward investing in national talent, doubling the size of technology market, stimulating digital entrepreneurship and inspiring innovation and creativity using emerging technologies. He also noted the partnership with the private sector in stimulating adoption of emerging intentions through establishing joint specialized digital innovation labs to produce advanced solutions in order to address existing challenges by innovative digital ways.

Al-Thenayyan stated that the Saudi technology development strategy is focused on creating an ecosystem attractive to investment in emerging technologies such as Internet of Things, Artificial Intelligence, robotics, blockchain, Virtual Reality and Augmented Reality, which have significant role in supporting digital transformation in several sectors such as industry, energy, health, finance and government.

He said that the existence of major oil and petrochemical companies such as Aramco and SABIC, in addition to the new Giga projects of NEOM and Red Sea, together with the demand volume offer a very important opportunity to rebrand the Kingdom as a regional and global hub for innovative digital solutions and use cases based on emerging technologies in the fields of energy and petrochemicals. The Ministry is working to attract promising investments in the emerging technologies sector and provide the conditions for relevant business growth and localization in the region. Through several factors, including but not limited to the development of policies and legislation stimulating investment and potential and digital infrastructure.

In conclusion, he touched on the ICT Strategy 2023, endorsed recently by the Council of Ministers, which included priorities aimed at developing the Kingdom's digital capacities and investing them in an optimal way in driving the growth of future projects with a view to achieving the Kingdom’s Vision 2030, and raising the efficiency of the public and private sectors by enabling digital transformation to make the Kingdom one of the world's leading countries in ICT. Digital transformation to become the Kingdom of the world's leading countries in the field of communications and information technology.

MCIT Ministry of ICT Vision 2030 ICT Strategy emerging technologies IoT AI digital transformation

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