AVEVA reveals key investment drivers of digital transformation

  • Date: 26-Jan-2020
  • Source: The UAE News
  • Sector:Economy
  • Country:GCC
  • Who else needs to know?

AVEVA reveals key investment drivers of digital transformation

AVEVA, a global leader in engineering and industrial software, reveals global survey findings identifying the key investment drivers of digital transformation across 1,240 EMEA, North America and APAC decision-makers across nine industry verticals.. "New emerging technologies like AI are taking time to gain traction in the Middle East so the research findings mirror what we are witnessing in the market.. AI has the potential to disrupt markets in the Middle East by creating innovative new services and entirely new business models.. “¢ The research highlighted a strong demand for technologies that provide predictive outputs from large data flows, with AI and Analytics listed as the most important enabler (75%), closely followed by Real-Time Data Visualization (64%), Augmented, Virtual or Mixed Reality (60%) and Big Data Processing (59%).. “¢ Advanced Process and Engineering Design was the second most important technology (74%) and was in the top three technology priorities across all industries globally, scoring highest among Engineering, Procurement and Construction professionals.. “¢ Improving Safety and Security through technology investment was a priority across all regions, with the Middle East (68%), Australia (63%) and India (60%) particularly highlighting this issue.. APM was set apart from all other professional categories in the strength