TL;DR:
- ZainTech and Mastercard have joined forces to provide unique AI and Machine Learning data solutions to businesses in the MENA region.
- The partnership aims to streamline clients’ operations, enhance productivity, and drive cost savings.
- ZainTech offers cutting-edge data solutions, enabling data-driven decision-making to achieve clients’ corporate goals and foster growth.
- The collaboration signifies the increasing importance of AI and machine learning in revolutionizing business processes.
- The MENA region is witnessing a surge in big data analytics adoption, with significant economic contributions projected.
- ZainTech and Mastercard anticipate accelerated adoption of advanced analytics, AI, and machine learning in the MENA region.
Main AI News:
In a significant move towards revolutionizing the business landscape of the Middle East and North Africa (MENA), ZainTech, the digital solutions powerhouse of Zain Group, has recently forged a memorandum of understanding (MoU) with Mastercard. This collaboration aims to deliver unparalleled AI and Machine Learning data solutions tailored specifically for businesses operating in the region.
ZainTech, renowned for its comprehensive suite of digital offerings, is committed to simplifying and streamlining the digital transformation journey for its clients, through its partnership with Mastercard, the company endeavors to empower businesses with cutting-edge data-driven solutions that enhance operational efficiency and drive cost savings.
With an unwavering focus on achieving corporate objectives and fueling growth, ZainTech’s dedicated teams, including Zain B2B, are at the forefront of redefining day-to-day business practices across the region. By harnessing the power of advanced data solutions, ZainTech enables clients to make informed decisions and pave the way for unparalleled success.
Andrew Hanna, the esteemed CEO of ZainTech, expressed his enthusiasm for the collaboration, stating, “The potential benefits of leveraging AI and machine learning to boost productivity, safety, and cost-savings are reshaping the business landscape. Our partnership with Mastercard will serve as a catalyst for the development of unique data solutions, directly benefiting our enterprise clients.“
Mastercard, a global leader in payments technology, recognizes the pivotal role of Artificial Intelligence (AI) in shaping the future of data-driven solutions. Amnah Ajmal, the Executive Vice President of Market Development for Eastern Europe, the Middle East, and Africa at Mastercard, expressed her delight in supporting ZainTech’s value proposition and emphasized the significance of AI in creating value for end-users.
The MENA region is currently experiencing a surge in the adoption of big data analytics, revolutionizing industrial and enterprise operations. Experts from advisory firm PwC project that AI will contribute nearly US$16 trillion to the global economy by 2030, with the Middle East accounting for approximately 2% of these transformative benefits, equivalent to around US$320 billion.
Through their strategic collaboration, ZainTech and Mastercard anticipate a rapid acceleration in the adoption of advanced analytics, AI, and machine learning across the MENA region. This partnership not only signifies a commitment to driving innovation but also highlights the immense potential for businesses to unlock new opportunities and thrive in an increasingly data-centric world.
ZainTech and Mastercard’s combined expertise and resources are set to reshape the future of business operations, delivering data-driven solutions that empower enterprises to navigate the complexities of a rapidly evolving digital landscape. As the MENA region embraces the transformative power of AI, ZainTech remains dedicated to pioneering groundbreaking solutions that unlock unprecedented growth and success for businesses across various industries.
Conclusion:
The strategic partnership between ZainTech and Mastercard represents a significant milestone in the MENA market. By combining their expertise, these industry leaders aim to reshape the business landscape by delivering innovative AI and Machine Learning data solutions. The collaboration not only facilitates operational efficiency and cost savings but also highlights the increasing significance of data-driven decision-making in achieving corporate goals. With the MENA region witnessing a rise in big data analytics adoption, this partnership sets the stage for accelerated growth, transformative opportunities, and enhanced competitiveness across industries.
