“Ministers’ Information” issues a report on technology trends after 2023
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“Ministers’ Information” issues a report on technology trends after 2023

“Ministers’ Information” issues a report on technology trends after 2023

12/24/2023

The Information and Decision Support Center of the Council of Ministers issued a new report entitled “Technology after 2023,” in which it shed light on technology trends during and after 2023, and highlighted emerging technologies. The report also reviewed the most important technology trends in Egypt, in addition to the future of technology.

The report explained the most important technology trends in 2023, including:

- Applied artificial intelligence: Research issued by McKinsey expects that the potential economic value of applied artificial intelligence will range between 17 and 26 trillion US dollars, indicating that the share of companies seeking to achieve this value is constantly increasing. McKinsey's annual global survey on the state of artificial intelligence in 2022 shows that the percentage of responding organizations adopting artificial intelligence has more than doubled from 20% in 2017 to 50% in 2022, despite the decline in investments in artificial intelligence to $104 billion in 2022. Compared to $146.8 billion in 2021, it has continued to advance compared to the levels of the 2018-2020 period, which averaged $73.5 billion, and research also shows that investment in this field increases the capabilities and advantages of artificial intelligence.

The report stated that the “smart system” represents the largest component sector in the information technology services market in Egypt, and provides basic facilities and a wide range of features through many platforms, noting the increasing need for smart and security systems, and the increasing demand for automated fire-fighting systems and facilities. Working and learning remotely.

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