What Hurdles are Companies in UAE Facing in Digital Transformation?
Digital transformation has touched most countries globally, and even Middle Eastern countries have started to embrace digitization vigorously.
Fremont, CA: UAE is approaching the digital disruption aggressively. Over the past years, technologies such as artificial intelligence, analytics, and robotic process automation in the Middle Eastern regions have been witnessing greater adoption, helping them reinvent their business model in order to achieve significant operational and cost efficiencies. There are still a few challenges for companies in the UAE and the Middle East to go digital and stay relevant today.
Reluctance to full-fledged digital transformation
Although UAE and the GCC countries have started embracing the latest technologies and digital transformation initiatives, the leader in many organizations is still reluctant to jump on to a full-fledged transformation journey. Only a few companies have started to adopt transformation with small steps as a Proof of Concept (POC) and then moved up to an RPA Center of Excellence (COE) that provides full benefits of digital transformation.
When companies can demonstrate a significant commitment to going digital, the results can work wonders for the region's industries if they set a realistic budget with a proper digital transformation plan.
As UAE is at the core of the GCC's technological shift, they play a leading role in adopting some of the most advanced technologies. With new business models emerging, the traditional ones are either disappearing or being completely transformed. The latest technologies, such as AI and Intelligent Automation, is automating or replacing some of the conventional jobs. As the UAE economy grows, highly skilled tech-savvy workers will be in high demand, especially those with engineering skills, research, and development, product design, and marketing in various industries.
Traditional Operating Models
Many companies are still following traditional operating models in the UAE and the Middle East. But the disruptors, the companies following lean and Agile operating models, are biting at the heels of these traditional players. Though they have started developing disruptive business models, many companies are still struggling because of the inability to align their models with Agile fully. So, the best approach here is to implement the Agile rollouts in phases in order to make the process less overwhelming. Technology architecture, Business, IT, and operations need to be modern and flexible, and they must work together in various ways.