PUBLISHER: IDC | PRODUCT CODE: 1718494
PUBLISHER: IDC | PRODUCT CODE: 1718494
This IDC Market Note emphasizes the UAE's transformation into a global innovation hub, fueled by economic resilience, strategic diversification, and impactful partnerships such as the one between Microsoft and G42 (an Abu Dhabi-based technology holding company founded in 2018, dedicated to advancing AI-driven solutions across industries). In April 2024, Microsoft announced a $1.5 billion investment in G42, marking a significant milestone in the UAE's technological growth. This partnership extends beyond sales and marketing by fostering deep synergies and engineering innovation, further positioning the UAE as a leader in global AI and digital transformation.