Data is a critical corporate asset for driving the business forward, data insights are now seen as key to delivering better customer experiences through deeper relationships and helping to bring businesses to new heights. Recent Global Data research cites the examples of 3.5 billion Google searches and 1.3 billion internet-of-things connections per day, and 254 Exabytes (one Exabyte is a billion gigabytes) of mobile broadband data
traffic per year. Furthermore, statistics predict it is increasing even more up to 26% by 2022. This is a remarkable figure which has been propelled by the rapid increase of connected devices and networks.
Taking a deeper look on the region, Businesswire report stated The Middle East & African AI, cyber security & big data analytics market was valued at USD 11.78 billion in 2019, and it is expected to reach USD 28.36 billion by 2025, registering a CAGR of 20.4%, during the period 2019-2025. The UAE is marching ahead of embarking on the journey of data science as most of the organisations in the region have been implementing information
systems and nearly three quarters (70%) of the UAE businesses believe that data has become so valuable it’s equivalent to a new currency.