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👉 Artificial Intelligenceholds immense potential in GCC countries, with McKinsey estimating it could add up to $150 billion to the region's GDP. Yet, widespread adoption remains a challenge. Here’s what the current state of #AI looks like in the GCC: Current Adoption Levels: While 62% of organisations have implemented AI in at least one business function, significant untapped value remains across various sectors, such as retail leading the charge with 75% adoption in some areas. Sector-Specific Challenges: Industries like energy and materials are fast adopters due to global competitiveness, while sectors like financial services face regulatory hurdles and cost barriers. Missed Opportunities: Many companies are not yet utilising advanced AI models like machine learning analytics, which could significantly enhance operational efficiency and savings. Strategic Imperatives: High-performing companies in AI derive over 20% of their earnings from AI technologies, focusing on robust strategies, talent development, and technological infrastructure. #ArtificialIntelligence #GCC #AIAdoption #YourTarget #DigitalTransformation #BusinessInnovation #FutureOfAI

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