Pandemic will prompt businesses to spend on digital transformation, experts say – The National

  • Date: 08-Jul-2020
  • Source: The National
  • Sector:Economy
  • Country:UAE
  • Who else needs to know?

Pandemic will prompt businesses to spend on digital transformation, experts say – The National

Investment in critical infrastructure will be essential, especially in developing countries, Dell executive tells GMIS panel

















Global spending on AI systems is expected to touch $97.9bn by 2023, according to IDC. Reuters

















July 8, 2020



July 8, 2020













The Covid-19 pandemic has hurt many businesses but it will prompt them to future-proof their operations by investing in advanced technologies such as artificial intelligence, data analytics and 5G, according to industry experts.



The companies that have already invested in digital tools are navigating the crisis more successfully, while others will struggle until they invest in technology, experts said during a virtual panel discussion at the Global Manufacturing and Industrialisation Summit.



"We are working with AI in order to optimise production, planning and ultimately the efficiency and effectiveness of our sales force “¦ in order to address where demand will be generated,“ Pier Paolo Tamma, senior vice president and chief digital officer of Pirelli told the panel.



The Italian tyre manufacturer's existing digital transformation programme has provided it with the data and insights to adapt the capacity of its manufacturing plants and adjust its