How ‘the rise of the machines’ is being driven by Cloud; report
Oracle highlights how a cloud infrastructure is required to capitalise on technologies defining the ‘Fourth Industrial Revolution’
A report by Oracle has highlighted that Gulf businesses view the cloud as a blank canvas upon which to build their innovative strategies.
The report, "The Oracle Cloud: Opening up the Road to Industry 4.0", investigated how companies in the EMEA region are managing the transition to the Fourth Industrial Revolution, also known as Industry 4.0, and sheds light on which technologies are being invested.
Oracle noted that the majority of Gulf business are open to new strategies, as 64% of respondents have or plan to implement robotics and 59% have or plan to work with artificial intelligence (AI). Furthermore, most Gulf businesses also recognise a cloud infrastructure is required to capitalise on such innovations.
While only 14% of Gulf businesses currently have an integrated cloud model in place that works for applications and new platforms, this is higher than any other surveyed region. Additionally, 33% revealed they are implementing one this year and another 38% expect to do so in 2017. Only 3% have no plans in place to make this transition.
Pascal Giraud, senior director IaaS Foundation & Cloud Platform Oracle EMEA, said: "Despite an uncertain economic climate, businesses understand that at the speed of today's market a first-mover advantage has never been more valuable. Some of the world's most successful companies, including Uber and Airbnb, were founded at the peak of the financial crisis. This just goes to show that opportunity never sleeps.
"The dawn of Industry 4.0 is seeing companies fall into either an innovation fast lane or slow lane, and the rise of integrated cloud infrastructures has made it cheaper and easier for businesses to outpace the competition."
Within the Middle East, the markets surveyed included the United Arab Emirates, Kingdom of Saudi Arabia, Qatar and Kuwait.