Automation Process in the Gulf Countries
The fast development of business tools and applications makes capturing and interpreting different information streams challenging. The well-known and adoptive digital transformation method is Robotic Process Automation.
The application or robots mimic human actions, capture information, and manipulate applications to implement a business process efficiently. It is ideal for organizations that carry out significant volumes of labor-intensive transactions and want zero errors in their entire process journey.
To handle the issue and to adapt to innovative development, companies are finding ways to handle and direct various systems towards an integrated corporate aim. They have initiated utilizing the RPA tool as the favored result.
Artificial intelligence will have significant economic effects by boosting global efficiency. However, some positions held by blue-and white-collar employees are in danger of being automated. This means that significant efforts in the areas of education and training will have to be undertaken to maintain these people in the job industry.
The economic and security association of Artificial Intelligence will also face the Arab Gulf nations. It can deeply change the economic architecture of the Gulf community. Expats will be the best hit via automation, but AI is also expected to affect governmental jobs deeply. This means that Gulf countries governments have to invest heavily in education to prepare future generations for this revolution. Continuing training programmes must be implemented to provide national employees with re- and upskilling opportunities.
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By 2030, 400 million employees worldwide could lose their employment to automation which defines 15% of all jobs. However, technical specialists think it might boost the economy and create new jobs.
There are various companies like Udacity, a company that teaches Nano-degrees and underlying coding skills, that are at the cutting edge of this development, with Arab society entering the area of nanotechnology and programming in Saudi Arabia, Kuwait and the UAE.
Arab ruler is reaching the future and moving quickly to overcome obstacles, according to Clarissa Chen, chief operating officer at Udacity. The region is massively spending on education, with an average of 18% of total government spending versus the worldwide average of 14%. This appears from a position of need as the domain experience a boom in the grown-up populace.
Currently, 60 % of the population in the Gulf is less than 25 years. Several young people would historically be viewed as a resource to the economy, and Gulf nations are concentrating on engaging tech-makers from around the globe.
Al-Olama thinks that it is important for any government or country to recognize a niche or particular field of focus. He said, “We know and are fully aware that we cannot contend with China or the US because China graduates a million engineers a year.” We are extremely aware that we can become pioneers and attract talent if we make an ecosystem that tests their reasoning, executes their thoughts and works on innovation.