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Cheaper, Faster… Riskier: Over Half Of Brits Plan To Use ChatGPT For Completing Their Tax Returns WorkFusion Raises $45 Million in Funding to Fuel Growth for Agentic AI for Financial Crime Compliance AI-Powered E-commerce, Stablecoins and Local APMs: Emerging Trends Headline EBANX’s Payments Summit in Mexico Second Day of Money20/20 Middle East Unveils Next-Gen Solutions at the Region’s Largest Ever Fintech Gathering United Gulf Financial Services Joins The Hashgraph Association and Exponential Science Foundation Adding $1M to Hedera Africa Hackathon Pool Prize Payhawk Transforms Spending Experience for Businesses With Four Enterprise-Ready AI Agents Alipay+ to Launch in Saudi Arabia, Facilitating Cross-Border Mobile Payments for Local Merchants Saudi Central Bank Launches Google Pay Service Through Mada Network Tamara Secures New Asset-Backed Facility of Up to $2.4 Billion Starling Reveals New-Look Logo, App and Cards as Bank Launches Brand Mission to Help Britons Become ‘Good With Money’ barq Joins Forces With Thunes to Power Faster, World-Class Remittances Across Saudi Arabia Paymentology Expands Presence in Saudi Arabia to Support Vision 2030 and Next-Generation Payments JPMorganChase and Plaid Announce an Extension to their Data Access Agreement for Sharing of Consumer Permissioned Data Enhancements to Ecommpay Subscriptions Service Help Address Failed Recurring Payments HSBC Deploys Wealth Intelligence for Its Wealth Management Staff to Enhance Client Experience

BMC Software drives Digital Transformation in Riyadh

Saudi Arabia’s Vision 2030, the ambitious blueprint set for long-term goals and expectations is the Kingdom’s vision for the future. The Kingdom is witnessing major digital initiatives from the public sector that have accelerated interest in the importance of moving forward with digital transformation. ‘Hybrid IT’ has become the norm and is creating enormous complexity for corporations to manage, thus legacy systems are not going away. Over 90% of companies today have both cloud and legacy on-premise IT environments and it is only expected to grow by 2022 to 96%. The fairly newer ‘DevOps’ is the automation of the cross-functional process of developing, testing, deploying and monitoring applications and is projected to have a market opportunity of $8b by 2022. It is said to improve speed to deliver, reduce failures and reduce repair time and is becoming a key influencer in core IT Operations spending. And lastly, AI spend is about $1B today, growing 4x to $70B in the next 5 years and is broadly considered to be the defining industry trend for the next decade. 

Digital Transformation also comes with its share of challenges on the cloud regulations about data sovereignty, this is not a challenge to non-regulated industries like insurance, financial services, and telecommunications. Although the country is among the highest in the world in smart-phone penetration and, with a very high percentage of young population, Brick and Mortar channels still prevail with the accelerated adoption of digital in retail, banking, and public services. The local ecosystem of Mobile applications despite the rise of government support is still on an initiation mode. The buying power in the nation and the exposure of Saudi youth represents a great opportunity to transform the channels of service delivery and call for digital maturity with reviews of operating models in almost all industries. The fact that most service providers, government agencies and financial services have a digital strategy in place or in evolution, brings the Saudi market to the front seat compared to all other emerging markets in the region as the best candidate for a huge disruption catalyzed by with the mandates of Saudi Vision 2030 in its main programs, goals, overall economic and social impact. 

BMC Software, the Digital Transformation Sponsor at the 3rd Annual Digital Saudi 2030, is responsible for driving digital transformation for its customers today and for the future. As an organization, BMC helps customers get to the optimum balance of safety, resiliency, and cost while maintaining the ability to stay fast and agile, thus reinventing businesses. 

On the 19th and 20th of November 2019, at the Prince Sultan Grand Hall, Al Faisaliah Hotel in Riyadh, BMC Software will be showcasing their latest innovations to bring the domains of IT Service Management and IT Operations Management together. Additionally, you will witness ‘BMC Helix’ assisting in turning the unknown into the known to future-proof IT operations and service experience. It does so through pervasive intelligence and by providing a single view into your IT services and operations. 

If you would like to be a part of Saudi Arabia’s largest platform for Digital Transformation, log on to http://www.digitalsaudi2030.com/riyadh/index.html 

Samir Akel, Managing Director – BMC Software Saudi Arabia & Bahrain 

  1. Cheaper, Faster… Riskier: Over Half Of Brits Plan To Use ChatGPT For Completing Their Tax Returns Read more
  2. WorkFusion Raises $45 Million in Funding to Fuel Growth for Agentic AI for Financial Crime Compliance Read more
  3. AI-Powered E-commerce, Stablecoins and Local APMs: Emerging Trends Headline EBANX’s Payments Summit in Mexico Read more
  4. Second Day of Money20/20 Middle East Unveils Next-Gen Solutions at the Region’s Largest Ever Fintech Gathering Read more
  5. United Gulf Financial Services Joins The Hashgraph Association and Exponential Science Foundation Adding $1M to Hedera Africa Hackathon Pool Prize Read more
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