Dimensions of Artificial Intelligence and Data Strategies in Industrial Enterprises and Achieving Sustainable Leadership: A Reading in the Saudi Industrial National Strategy 2016-2030

Abstract

It is very difficult to imagine an industry that will not be significantly impacted by data and artificial intelligence, contributing to  enhancing economic performance, reducing costs, and improving operational efficiency. Artificial intelligence is expected to increase the  global Gross Domestic Product (GDP) by approximately 14%, which is equivalent to around 58.9 trillion Saudi Riyals by 2030. It is  anticipated that the Kingdom of Saudi Arabia will be a leader in the Middle East region in the artificial intelligence and big data market.  Artificial intelligence plays a vital role in the future of the automation sector in the country. According to the Digital Riser 2020 report by  the European Center for Digital Competitiveness, Saudi Arabia ranked first among the G20 countries. This substantial investment in  artificial intelligence indicates that the contours of the industrial sector will change radically in the future. This study aims to elucidate the  dimensions of artificial intelligence and data strategies in industrial enterprises and achieve sustainable leadership, with an analysis of  the Saudi Industrial National Strategy 2016-2030.