By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The Arabian NewsThe Arabian NewsThe Arabian News
  • Home
  • Business
  • Exclusive
  • Technology
  • Wellness
  • Real Estate
  • Contact
Reading: Small Businesses in UAE Turn to AI to Drive Revenue Success
Share
The Arabian NewsThe Arabian News
  • Politics
  • Pursuits
  • Business
  • Technology
  • Home
  • Business
  • Exclusive
  • Technology
  • Wellness
  • Real Estate
  • Contact
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
The Arabian News > Business > Small Businesses in UAE Turn to AI to Drive Revenue Success
BusinessTechnology

Small Businesses in UAE Turn to AI to Drive Revenue Success

admin
SHARE

Salesforce, a global leader in customer relationship management (CRM), has unveiled its latest Small & Medium Business Trends Report. The study highlights insights from 3,350 SME leaders across 26 countries, including 75 leaders from the UAE.

Contents
Key Insights on AI Adoption in UAE SMEsManaging Technology ChallengesTrust and Tech InvestmentsConcerns About AIExpert Perspective

Key Insights on AI Adoption in UAE SMEs

Small and medium-sized businesses in the UAE shared three main reasons for adopting AI:

  1. Predictive forecasting for sales
  2. Lead prioritization (both ranked as top reasons)
  3. Natural language search tools

However, 64% of SME leaders in the UAE worry their businesses might fall behind in AI adoption, compared to 51% globally.

Globally, 75% of SMEs are already experimenting with or have implemented AI, reporting benefits in revenue growth, productivity, and customer experience. In the UAE, this number is even higher, with 87% of SMEs actively using or testing AI tools.

Managing Technology Challenges

As technology evolves rapidly, SME leaders face increasing pressure to manage their tools effectively. In the UAE:

  • 57% of SME leaders say it’s difficult to keep up with changing technologies (compared to 68% globally).
  • 49% feel they don’t have enough time to fully understand all the tech they use (44% globally).
  • 77% believe improving data quality would drive higher revenue (compared to 80% globally).

Trust and Tech Investments

With consumer trust hitting low levels, SMEs are looking for trusted technology partners. In the UAE:

  • 72% of SMEs are willing to spend more on tech from reliable vendors (compared to 81% globally).

Concerns About AI

For UAE SMEs, top concerns about AI include:

  • Security risks
  • Ethical issues
  • Poor integration with current systems

Expert Perspective

Thierry Nicault, Area Vice President and General Manager at Salesforce Middle East, said:

“SMEs in the UAE are actively experimenting with AI to stay ahead and improve business operations while enhancing customer service. However, many leaders here, like their global peers, worry about the rapid pace of AI development, especially around security and ethics. At Salesforce, we are committed to supporting SMEs in the Middle East to adopt AI in a way that is safe, ethical, and effective.”

You Might Also Like

Parkin has a ‘Cash-Plus’ agreement with Majid Al Futtaim to provide parking services at malls

UAE Women Turn Art into Income, Earning Dh20,000 Monthly with Global Brand Deals

How TikTok Went From Viral Fun App to a US Security Concern

7 Best Products Worth Saving Up for in UAE, for 2024

Immersive Tech Marvel, Huawei’s IdeaHub S2 & Ideapresence 138 Shine

TAGGED:AIBusiness
Share This Article
Facebook Twitter Email Print
Previous Article DMCC Crypto Centre Launches Metaverse to Boost Web3 Innovation
Next Article alt="Working in the UAE: The Top Three Insurance Programs That Safeguard Employees" Working in the UAE: The Top Three Insurance Programs That Safeguard Employees

Popular News

US Dollar Crashes: What’s Next for Greenback as It Hits Multi-Year Low?
Business
Following a crisis, Qatar Airways restores service and returns 58,000 passengers home
World
Max Verstappen may be replaced by 17-year-old Arvid Lindblad
Sports
Just hours before facing Gracheva in the quarterfinals of Wimbledon, Krejcikova has an injury scare and withdraws
Sports

Recent News

  • The ruler of Sharjah authorises the boundaries of Al Faya for the UNESCO Heritage Bid.
  • Despite a spike in conflict, oil prices have cooled. Why?
  • IndiGo Makes Long-Haul Debut with Direct Flights to Manchester
  • Abu Dhabi Will Be Rocked by UFC 321’s Action-Packed Fight Card
  • The first wildlife corridor in India is constructed alongside the Delhi-Mumbai expressway.
The Arabian News

Quick Links

  • Home
  • Business
  • Real Estate
  • Contact

Featured Categories

  • Real Estate
  • Wellness
  • Politics
  • Economics

Find Us on Socials

© 2024 The Arabian News. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?