Robots, AI could double size of Saudi economy to $1.6 trillion: Special report

RIYADH: Saudi Arabia had the potential to double the size of its economy to $1.6 trillion and add an extra $293 billion by 2030 if it fully adopted intelligently automated systems in all sectors, a report has revealed.

The buoyant outlook for the Kingdom came from research commissioned by Automation Anywhere, a global specialist in robotic process automation (RPA).

The study by professional services giant Ernst and Young computed the impact of incremental automation adoption – a combination of RPA and artificial intelligence (AI) – across all sectors in the country, using three possible scenarios.

The first, an optimistic scenario, conveying a 50 percent incremental intelligent automation adoption by organizations throughout the…

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