How can tech enterprises in the MENA region foster innovation? Epson has the answers

  • Date: 12-Jun-2023
  • Source: Zawya
  • Sector:Technology
  • Country:UAE
  • Who else needs to know?

How can tech enterprises in the MENA region foster innovation? Epson has the answers

Technology Innovation has been identified as a vital element of the Middle East’s economic growth, with Gartner[1] estimating the MENA may invest up to USD $175.5 billion in 2023, a two percent increased from 2022.[2] Companies including Epson are betting on innovation as the key to addressing social, economic, and environmental challenges in the region and the wider world.

So how can MENA organisations nurture innovation? Epson’s thought leaders have outlined five steps that will enable enterprises to innovate, drive efficiencies, minimise costs, and promote better investment opportunities.

“Technology has become central to our development as a species and is likely to remain so. Those who can sustainably harness technological innovation will be the winners of the future. There will always be room for new ideas and solutions, enabled by technology – we are seeing this transformation within the wider MENA region,” said Neil Colquhoun, Vice President – CISMETA, Epson.

Five steps to nurturing innovation within your enterprise

This year, the Ministry of Economy in the UAE announced the launch of six new and diverse initiatives with the UAE Innovation Month 2023. These initiatives are designed to support the national efforts to establish a culture of innovation across all segments of society and motivate