Breakthrough supply chain technologies top agenda at Dubai Summit

  • Date: 25-May-2023
  • Source: Zawya
  • Sector:Retail
  • Country:UAE
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Breakthrough supply chain technologies top agenda at Dubai Summit

- The potential economic value created by AI in the global supply chain is expected to reach US$1.3 trillion over the next 20 years

CE-Ventures, the corporate venture capital platform of Crescent Enterprises, a leading global, diversified business headquartered in the UAE, hosted the region's first-ever Supply Chain Tech Summit – 'Forging the Tech-Driven Future', held at Grosvenor House, Dubai, on Wednesday, 24th May 2023. Robotics, artificial intelligence, and the opportunities modern technology and venture capital hold for the future of global supply chains were discussed in detail during the Summit.

The Summit’s welcoming remarks were given by Tushar Singhvi, Deputy CEO and Head of Investments at Crescent Enterprises, where he set the stage for the day's discussions by emphasising the importance of technology in driving transformation and growth in the supply chain industry, and the role the UAE has played in fostering an ecosystem of innovation. “The market size and growth of AI in the supply chain have been remarkable. According to recent reports, the potential economic value created by AI in the global supply chain is expected to reach US$1.3 trillion over the next 20 years. The exponential growth of supply chain technology clearly demonstrates the paramount importance of the