Experts Discuss How Emerging Digital Technologies Are Transforming SMEs
Even though the “Digital Gap” is increasingly widening inequalities between individuals, firms and societies at large, the best way to bridge this gap is through infusing economic, cultural and social cohesion. However, by fully embracing the rising global digital transformation, SMEs will unquestionably gain improved access to a broad and diverse innovation ecosystem - which will empower them to increase their revenues – swiftly and substantially!
This is the gist of the session that will be organized by the Annual Investment Meeting 2022 on March 29th, 2022 at Dubai Exhibition Center, EXPO 2020 Dubai, in partnership with WEIF 2022, under the title of “Beyond Industry 4.0 - Emerging Digital Technologies Transforming SMEs”.
So, what will take place in this important gathering?
SMEs’ Road to Digital Transformation
At the AIM 2022 SME Pillar Session, both the renowned keynote speaker and the panelists will emphasize how the experience of the early days of digitalization has clearly shown that the businesses that followed the emerging digital technologies trend and led the way in this direction have gained a competitive advantage over the world’s technological laggers.
Moreover, everyone knows that the businesses that were hesitant to embrace digitization are now struggling with sustainability as competitors take the lead. The lesson, therefore, is clear: Companies that integrate the emerging digital technology into all areas of their businesses will markedly change how they deliver value and how they meet customers’ needs.
To provide a better pulse on why small and medium-sized businesses need to embrace the digital transformation, the speakers at the AIM 2022 session are relying on such impressive stats as:
- SMEs that fully embraced the digital transformation are expected to increase their revenue by 26% and save an average of 22% in costs.
- Small businesses that digitize processes could increase GDP growth by an additional 5.6% ($2.3 trillion U.S. currency) by 2024.
- Small businesses using digitization successfully generated increased sales - that have helped them recover from the losses incurred due to the pandemic.
That said, let’s ask another question: What will the participants of the AIM 2022 SME Pillar Session probably get out of the gathering?
The SMEs Pillar Session
It’s expected that the speaker and panelists will provide the AIM 2022 session participants with a wide variety of recommendations that include, but are not limited to: Creating a Digital Transformation Road Map, Leveraging Automation and Artificial Intelligence (AI), Exploring Adding Digital Tools, Hiring the Best Talent, Following Industry Trends and Technologies, Start Small & Learning Down the Road, Combining High Tech with High Touch, and, last but not least, Setting Up a Comprehensive Knowledge Base.
The keynote speaker at the session is Dr. Chen Daixing, Chairman, International Youth Innovation Conference, Shenzhen - China. The panelists are:
- Dr Ashish Mohan, Head – Technology, Design, R&D, Innovation-IP & Entrepreneurship Confederation of Indian Industry
- Dr. Tiejun Meng, Senior Vice President SpinQ, China
- Osama Al Khaja, Chairman, Spire Technologies, Bahrain
- Krunoslav Ris, Chief Executive Officer, Lumen Spei LTD
- Slava Vaniukov, CEO & Co-founder, Softermii
- Walid Hassouna, CEO of the Non-Bank Financial Institutions (NBFI) Platform, EFG Hermes Holding & CEO, valU
Therefore, this high-level gathering is very important because it will bring high-profile speakers to highlight the following vital points:
- Why is embracing digital technologies becoming a matter of survival in today’s marketplace?
- In what way are digitalization efforts creating improved access to a broad and diverse innovation ecosystem for SMEs?
- How are emerging digital technologies transforming SMEs all over the world.
Don’t miss out!
