Digital Transformation
7 posts
More than Fast Cash: The real potential of SME digitization in MENA
From revenue generation and market entry to accelerating the growth of AI and hyper-scale cloud computing. How is the journey of SME digitization driving the next major technological leap in MENA? To lay the foundation of SME growth and generate the required policy reforms, Dubai SME introduced its clear-cut framework for identifying and defining an MSME. This definition, while in congruence with global trajectories, identifies MSMEs based on the size of the team and the value of its turnover, with […]
Saudi Global Competitiveness: Leveling the field, building new stadiums
If visions set the pathway for the future, the attributes should have innovation at the core. That’s one thing we can learn from global tech giants like Microsoft. In an outtake on Microsoft’s digital transformation in the upcoming global shift, Microsoft explains, “Disruptions have always been a catalyst for business transformation. To lead on the forefront, we’re becoming more agile, efficient, and innovative. This means changing our systems and processes to support and quickly adapt to new products, services, business models, […]
The Big Winners: Saudi Arabia Gaming readies to level up
What happens when the future of gaming is translated into the future of Saudi? The projected monetary gain is almost $21Bn by 2030, but with every radical shift in the Kingdom, the impact is far wider. In an interview with the Arab News, Prince Faisal bin Bandar bin Sultan, the president of the Saudi Arabian Federation for Electronic and Intellectual Sports and the Arab eSports Federation– an avid gamer– projected that the gaming industry will contribute 1% of the Kingdom’s […]
Corporate Entrepreneurship in MENA: From CSR to Open Innovation
Contributed by: Roland Daher, AstroLabs CEO I vividly remember when Wamda coined the term Corporate Entrepreneurship Responsibility in 2013 and launched the CER movement in MENA ( Corporate Entre- a fairly visionary and advanced proposition for the emerging entrepreneurial ecosystem back then. Although some early adopters (Aramex, GE, etc…) ran promising innovation programs, a decade ago working with startups or supporting the ecosystem was a show of “goodwill” rather than a business imperative for large enterprises. In its nascent stages, innovation programs […]
Post-Pandemic SME: The challenge & opportunity of digitization
The SME sector remains one of the most critical backbones of the global economy, where 9 out of 10 businesses around the world consist of small and medium-sized enterprises, employing 50% of the global workforce. While the market size alone establishes SMEs as a core pillar of any business ecosystem, enabling the full qualitative and quantitative impact of the sector can critically accelerate sustainable technological and economic growth. The SME sector in emerging markets has been contributing a 40% share […]
How to Instill a Data Culture in Your SaaS Team: Takeaways with Nybl
Data is everywhere, and for an entrepreneurial mindset, it is also everything: from session entries and visit frequencies, to profit margins and operational capacities, each activity carries its own data set across the multiple touch points of the value chain. Over the past decade, a core focus for businesses across the globe has been to properly source and leverage this extensive data in favor of their growth strategies and product engineering. The evolution of data sourcing and analytics, hence, has […]
Majid Al Futtaim Launchpad Programme: The road to scalable innovation
Today, the question of impactful digital transformation remains two-fold for large enterprises and emerging businesses in the region. On one end, the critical challenge for mega businesses and family-owned ventures remains in their ability to adapt to the rapid evolutions in technology and introduce lean operation models conducive to future-forward innovation. On the other, while SMEs and startups have been able to pioneer the innovation factors, founders and executives are focused on being able to ramp up and roll out […]