18th Oct, 2024 | Vikram M.
Blog Summary: GITEX Global 2024 showcased transformative AI innovations through "AI Super Tuesday," highlighting advancements in industries like healthcare, aviation, and drug discovery. With partnerships, quantum computing, and AI-driven solutions, the event set the tone for the future of technology and digital transformation.
GITEX Global 2024 has once again proven to be a significant event in the world of technology, showcasing the latest innovations that will define the future.
This year, GITEX 2024 has brought together over 6,500 exhibitors, 1,800 startups, and 1,200 investors from more than 180 countries, making it a record-breaking edition in its 44th year.
With five themed days highlighting different technologies, "AI Super Tuesday" took the spotlight by showcasing amazing new ideas that are shaping how we live and work.
For companies and governments alike, this event represents a unique opportunity to witness the advancements in artificial intelligence (AI), cybersecurity, quantum computing, and digital transformation.
Bombay Softwares is proud to participate in GITEX Global 2024 as one of the leading software development companies across industries.
As we engage with decision-makers, entrepreneurs, and businesses, our goal is to highlight the potential of AI in transforming industries and promote solutions that drive efficiency, innovation, and growth.
GITEX, especially "AI Super Tuesday," has set the tone for what's to come in the future of AI and emerging technologies.
AI Super Tuesday, one of the five themed days at GITEX 2024, introduced groundbreaking innovations that promise to reshape industries.
Focused entirely on artificial intelligence, this day brought forward several thought leaders, AI innovators, and global experts discussing how AI is being integrated into everyday processes and sectors.
The day was packed with keynote sessions and panel discussions on the future of AI, its practical applications, and its growing role in industries such as AI in healthcare, aerospace, and finance.
From AI-driven healthcare solutions to AI-enhanced aviation technologies, AI Super Tuesday demonstrated the powerful role AI is expected to play.
For example, AI’s role in drug discovery was highlighted as one of the most promising breakthroughs. As the world embraces AI to optimize traditional processes, GITEX Global 2024 showcased how close we are to major transformations in medicine and other sectors.
The session titled ‘The Next Leap in Medicine: Are we on the Edge of a Breakthrough?’ shed light on how AI is drastically changing drug discovery. AI has the potential to significantly reduce the time and cost of developing new medicines, which traditionally takes over a decade and costs billions of dollars.
Experts at GITEX Dubai 2024 discussed the future of AI-driven medicine, noting that AI could streamline drug discovery, resulting in faster cures and more efficient healthcare solutions.
As Dr. Shameer Khader, Global Head and Executive Director of Computational Biology at Sanofi, expressed, “Drug discovery on average takes 10-15 years and one project around $1.5-2 billion in cost. Is that something sustainable? The model must change, and we should harness AI capabilities and value across the ecosystem.”
By automating parts of the drug discovery process and creating data disease models, AI can cut costs and reduce the time to market for new drugs. This kind of efficiency would not only benefit pharmaceutical companies but also revolutionize patient care globally.
One of the standout AI innovations showcased at GITEX Global 2024 is ‘BabyX,’ a virtual simulation of a human infant. Created by Dr. Mark Sagar, its creator and co-founder of the New Zealand-based company Soul Machines, BabyX offers a glimpse into the future of AI-human interaction.
Powered by biological AI, BabyX reacts and learns in a manner similar to a human infant, paving the way for advanced cognitive systems that could revolutionize industries such as education, healthcare, and entertainment.
BabyX utilizes a complex AI system that mimics neurochemical reactions in the human brain, allowing it to simulate human emotions and responses. This innovation marks a step toward creating AI systems capable of learning through experience, much like humans do.
Discussing the importance of BabyX, Dr. Mark Sagar, highlighted the key difference between human and AI intelligence.
He stated, “As humans, we learn from a young age through exploring the world and experimenting. Play is such a key part of making intelligence open-ended and inventive, but it’s one thing that’s missing from current AI.
If we’re ever going to regulate general AI intelligence, we need to build cognitive architecture that yields intelligent behavior through a comprehensive approach.”
GITEX Global 2024 witnessed the announcement of several high-profile partnerships that will drive the future of AI.
Among the most notable were agreements between industry giants like AWS and e&, alongside collaborations such as the partnership between Digital Dubai and Microsoft.
These partnerships are set to enhance AI deployment across various sectors, from cloud computing to digital transformation.
According to Forbes Middle East, The AWS and e& alliance, valued at over $1 billion, aims to expand AI-driven cloud solutions across the region, supporting enterprises in adopting AI to accelerate their digital transformation efforts.
Similarly, Digital Dubai’s collaboration with Microsoft focuses on advancing Dubai’s digital infrastructure through AI, emphasizing the city’s ambition to become a global leader in AI innovation.
Quantum computing is increasingly recognized as a transformative technology for industries with high computation demands, particularly aviation.
At GITEX Global 2024, a session titled 'Quantum Maturation: Introducing The "Quantum Mobility Quest"' showcased the potential of quantum computing to revolutionize aerospace.
This technology can handle complex computations that traditional systems struggle with, presenting an opportunity for significant advancements in aircraft design and operational efficiency.
Isabell Gradert, Vice President of Central Research & Technology at Airbus, emphasized this potential by stating, “Aviation is embedded in the tapestry of our global-leading industries and is one with the highest computation needs. Quantum computing is seen as the next big game-changer in the aviation industry and has the potential to solve the most complex aerospace challenges and create a paradigm shift in the way aircraft are built and flown. This is a very exciting time.”
Her remarks underline the excitement and promise that quantum computing holds for reshaping the future of aviation.
AWS Bedrock, introduced at GITEX Global 2024, is a fully managed service designed to streamline the development and deployment of generative AI applications.
This innovative platform allows businesses to easily customize foundation models from leading AI providers without needing extensive in-house AI expertise.
With AWS Bedrock, companies can quickly integrate AI into their operations, which is crucial in today’s fast-paced, AI-driven marketplace. This service not only simplifies the process of building AI applications but also emphasizes scalability, enabling enterprises to efficiently manage their growing AI demands.
What sets AWS Bedrock apart is its ability to support various use cases, from chat and text generation to image processing.
It offers a user-friendly interface for experimenting with different models and provides detailed options for prompt engineering, allowing users to optimize their queries for better results.
The service also facilitates interaction through APIs, making it accessible for developers to implement AI solutions in their applications easily.
By lowering the barriers to AI integration, AWS Bedrock empowers businesses to stay competitive and innovative in an ever-evolving technological landscape
Digital Dubai has partnered with Microsoft UAE to improve technology in Dubai through a new Memorandum of Understanding.
This agreement, signed by H.E. Hamad Obaid Al Mansoori and Mr. Naim Yazbeck, focuses on developing skills in artificial intelligence (AI) and integrating technology among government entities and residents.
Hamad Obaid Al Mansoori stated, “Our partnership with Microsoft UAE aligns with our approach to building global collaborations to achieve common objectives," highlighting the importance of working together to adapt to rapid global changes.
This collaboration aims to train government employees in AI skills, which will help enhance Dubai's digital transformation. Naim Yazbeck emphasized, “Artificial intelligence is a central pillar of Dubai’s vision as a digital city,” stressing the need to equip workers with the right tools and knowledge.
The partnership will also provide training for AI developers and raise awareness about AI among the public, ensuring that people are prepared for future job opportunities.
Through this joint effort, Digital Dubai and Microsoft UAE aim to strengthen Dubai's position as a leader in AI innovation.
At GITEX Global 2024, Bombay Softwares is showcasing its advanced AI and software solutions designed to empower businesses across industries.
Regarding the UAE's focus on AI, Pallav Purohit, CEO at Bombay Softwares remarked, "The UAE is rapidly positioning itself as a global leader in AI innovation. At GITEX, we are thrilled to be part of this journey, showcasing our commitment to empowering local businesses with cutting-edge technology."
As a key player in the AI and software landscape, Bombay Softwares is committed to driving innovation and providing solutions that enable organizations to streamline their processes and enhance productivity.
Here’s how Bombay Softwares is contributing:
Providing AI-driven tools that optimize processes across industries, from healthcare to manufacturing.
Offering tailored software solutions to meet specific business needs and ensure seamless operations.
Helping businesses transition to cloud computing, enabling flexibility, scalability, and cost-effectiveness.
Working with industry leaders to create innovative solutions that address the challenges of digital transformation.
Bombay Softwares is proud to announce our participation at Booth No: H26-B35 from October 14-18, 2024, in Dubai. This premier event serves as a platform for showcasing our cutting-edge AI solutions and innovative software offerings.
At GITEX Global 2024, we will be highlighting how our expertise can empower businesses to navigate industry challenges and tackle on successful digital transformation journeys.
Our presence at this significant event underscores our commitment to aligning with the UAE's ambitious AI vision.
Bombay Softwares is dedicated to driving innovation and collaboration in the region, ensuring that our solutions not only meet the evolving needs of the market but also contribute to the overall growth of the digital landscape in the UAE.
AI Super Tuesday at GITEX Global 2024 highlighted the significant strides that AI is making across industries. From drug discovery to aviation, AI is poised to transform how we live and work.
Breakthroughs like BabyX showcase the potential for AI-human interaction, while quantum computing promises to unlock new possibilities in computation-heavy industries. The partnerships unveiled at GITEX UAE further underscore the importance of collaboration in advancing AI's role in society.
Bombay Softwares is proud to be part of this transformative journey, contributing its expertise to drive AI adoption and digital innovation. As companies look toward the future, the importance of embracing AI for business and advanced technologies cannot be overstated.
GITEX Global 2024 is not just a platform for showcasing technology; it's a catalyst for future growth. We look forward to helping decision-makers, entrepreneurs, and businesses harness the power of AI to achieve their goals.
A: Bombay Softwares is showcasing its innovative solutions in mobile apps, web development, IoT, and cloud technologies. Their services cater to industries like health-tech, fintech, e-commerce, and more.
A: You can visit Bombay Softwares at Booth No: H26 B35 during GITEX 2024 for in-person discussions and to explore collaboration opportunities.
A: Bombay Softwares offers solutions across AI, mobile apps, web development, IoT, and cloud technologies, designed to meet the specific needs of industries like education, legal services, and customer service.
A: Bombay Softwares will highlight its 22 US patents, 265+ projects delivered, 112+ global clients, and its team of 110+ skilled IT professionals during GITEX 2024.
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