Saudi government agencies boost emerging tech adoption by 10% in 2024

The Emerging Technology Adoption Readiness Index, which measures the progress of government entities in implementing new solutions, increased from 60.35 percent in 2023 to 70.70 percent in 2024. Shutterstock
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Updated 21 July 2024
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Saudi government agencies boost emerging tech adoption by 10% in 2024

RIYADH: Saudi Arabia’s government agencies have made significant progress in integrating new technologies, showing a 10 percent improvement from the previous year, according to an official report.

The Emerging Technology Adoption Readiness Index, which measures the progress of government entities in implementing new solutions, increased from 60.35 percent in 2023 to 70.70 percent in 2024. This improvement is accompanied by a rise in participating agencies, which grew from 13 last year to 35 in 2024, the Saudi Press Agency reported.

The annual report published by the Digital Government Authority underscores the Kingdom’s enhanced capacity for adopting emerging technologies. This progress is a key element of Saudi Arabia’s broader transformation strategy, aimed at leveraging advanced systems to improve services for citizens, residents, and visitors.

This increase in the index highlights the Kingdom’s ongoing commitment to modernizing its digital infrastructure and aligns with its Vision 2030 objectives, emphasizing sustainable development and the advancement of its technological future.

The index helps organizations and policymakers understand their technological advancement and identify areas for growth and development — an essential component of Saudi Arabia’s objectives. 

The report highlighted progress in adopting emerging technologies, with research capability reaching 72.04 percent and communication capability reaching 71.88 percent.     

According to the report, the integration field achieved a score of 67.93 percent, while the proof capability field recorded 70.84 percent, reflecting advanced levels of development. 

Drones have improved aerial photography and real estate imaging, boosting operational efficiency by 80 percent and significantly reducing time and effort. 

Digital twinning has enabled precise asset inventory for 22 out of 36 industrial cities. Additionally, Ameen, the digital human assistant, now serves over 36,000 customers monthly. 

Augmented and virtual reality technologies have further improved digital accessibility for individuals with special needs, expanding their access to digital services. 

The Anaam Shain app has streamlined the secure management of livestock data across the Kingdom, while firefighting robots have reduced physical losses by up to 50 percent. 

In 2023, Saudi Arabia topped the Government Strategy Index for Artificial Intelligence, as ranked by Tortoise Intelligence, which evaluates over 60 countries. 

The country achieved a perfect score of 100 percent on the index criteria, including having a dedicated national AI strategy, a specialized government body for cognitive computing, allocated funding for artificial intelligence, and established and monitored national intelligence system targets. 


Two Saudi cybersecurity firms plan Tadawul listings within 2 years 

Updated 59 min 52 sec ago
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Two Saudi cybersecurity firms plan Tadawul listings within 2 years 

RIYADH: Two Saudi cybersecurity companies, Cyber and Infratech, plan to list a portion of their shares on the Saudi Stock Exchange, or Tadawul, between 2026 and 2027, according to the companies’ chairmen, who spoke to Al-Eqtisadiah. 

Abdulrahman Al-Kenani, founder and CEO of Cyber, said: “The company is currently planning to acquire certain entities, which will be disclosed in the coming period, in addition to preparing for a public offering through the Tumooh program on the stock market within the next two years at the latest.” 

Al-Kenani explained that the financial, healthcare and services sectors are witnessing continuous cyberattacks as Saudi Arabia expands its digital transformation, accompanied by a rise in the frequency of such incidents. He added that this phenomenon is not limited to the Kingdom but is a global issue. 

The CEO added: “The company is working with several Saudi airports and vital sectors, in addition to collaborating with major international companies to provide cutting-edge cybersecurity solutions.” 

Infratech plans 4 R&D centers abroad 

Ayman Al-Suhaim, CEO of Infratech, stated: “The size of the information technology and cybersecurity market in Saudi Arabia has reached approximately SR87 billion ($23.2 billion), of which SR15.7 billion are allocated to the cybersecurity sector. This includes consulting, managed services, governance, risk management, and cybersecurity within the industrial sector.” 

He said the company has a strategic plan covering the period from 2026 to 2028, which includes establishing a firm in the first quarter of next year to finance cybersecurity and artificial intelligence products, as well as launching four research and development centers in the US, Russia, China and Eastern Europe. 

The plan also includes investment in cloud storage, overseas ventures, and the expansion of operations and investments in data centers. 

Al-Suhaim said the company intends to go public in 2027, noting that it operates across multiple cybersecurity domains serving sectors including energy, defense, aviation and government services. 

The Tumooh program for small and medium-sized enterprises in Saudi Arabia is one of the support initiatives offered by the General Authority for Small and Medium Enterprises, or Monsha’at. It aims to drive SME growth by strengthening capabilities, improving performance and accelerating expansion. 

The initiative seeks to help fast-growing SMEs prepare for initial public offerings in the financial markets. To date, the program has facilitated the listing of 24 companies on the Nomu Parallel Market out of more than 2,500 firms registered under the scheme.