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78% of business leaders say AI demands a major rethink of how companies operate

The UAE has placed digital transformation and artificial intelligence at the forefront of its economic agenda, driven by its vision to build a competitive economy powered by knowledge, innovation and advanced technology. AI is no longer merely a tool for improving performance; it has become a strategic engine for economic growth, higher productivity, greater operational efficiency and the…

78% of business leaders say AI demands a major rethink of how companies operate

The UAE has positioned digital transformation and artificial intelligence (AI) as cornerstones of its economic strategy, recognizing their pivotal role in fostering a competitive economy grounded in knowledge, innovation, and advanced technology. As AI transitions from being a mere performance enhancer to a strategic engine for growth, companies operating within the UAE must fundamentally rethink and restructure their operations and strategies.

In an interview with Gulf News, Stefan Vaerenbergh-Dubois, Camunda's Vice President for Europe, the Middle East, Africa, and Latin America, highlights the significance of integrating AI into the core of business operations while preserving human oversight and control. AI is no longer confined to being an auxiliary tool for performance improvement; it is now an essential component that can reshape the very fabric of how work is executed.

Recent research indicates that an overwhelming 78% of business leaders acknowledge the necessity of fundamentally restructuring their existing processes to remain competitive in the face of evolving market dynamics. This shift goes beyond merely adding AI capabilities to existing workflows; it necessitates a comprehensive overhaul of business processes.

AI's influence extends across various facets of business operations, from decision-making and data analytics to resource management, customer service, and product development. To harness the full potential of AI, organizations must invest in robust digital infrastructure, enhance their workforce's skills, and bolster their operational capabilities.

However, the seamless integration of AI into business processes is not without its challenges. One major concern is the risk of creating an isolated technology layer that functions independently from other systems. To mitigate this risk, organizations should adopt a holistic approach, examining the entire customer or business journey rather than focusing on individual AI tools. Furthermore, maintaining a clear record of AI actions and decision-making is crucial to ensure transparency and accountability.

Balancing the deployment of AI, traditional automation, and human intervention is paramount. While AI excels in handling tasks that involve varying information and require judgment, human involvement remains indispensable for decisions with significant consequences or those necessitating greater expertise. The ultimate objective is to strike a harmonious equilibrium between speed, judgment, and control, ensuring that the region's rapid pace remains undiminished.

Written by urgent.news from Gulf News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at gulfnews.com →

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