Emerging Technology For Accountants

October 19, 2023

emerging technology

Amazon Web Services (AWS) estimates that 10,000 knowledge solution architects might be needed across the area within the next 5 years, with over 2,300 younger Bahrainis signing up for Amazon Web Services (AWS) Educate program. In 2017, the Economic Development Board (EDB) succeeded in attracting Amazon Web Services (AWS), which in turn introduced plans to open an “infrastructure area” within the Middle East.

Technical Events & Content Sector

The robotic named “Baitak Assistant handles customer loan applications and autonomously create credit score reviews for applicants. The Kingdom of Bahrain has witnessed a number of initiatives that reflect the Kingdom’s direction in direction of adopting robotic applied sciences in facilitating customer service supply. Bahrain Polytechnic has signed an MoU with Microsoft Corporation to reinforce cooperation in using artificial intelligence on the University and provide a platform for college students to develop their projects and ideas utilizing AI.

The Kingdom of Bahrain has partnered with Amazon Web Services (AWS) in 2017 to be the official Cloud infrastructure provider for the general public sector in Bahrain. To date, greater than forty government systems and services have been successfully migrated to the cloud on, AWS data centres.

Telecommunication Regulatory Authority (TRA) has utilized many sensible cities’ initiatives, corresponding to sensible traffic lights. Smart site visitors lights or Intelligent visitors lights are a automobile traffic management system that combines conventional site visitors lights with an array of sensors and artificial intelligence to intelligently route automobile and pedestrian site visitors. Bahrain translated their achievements within the field of ICT development within the Kingdom to enhance sustainability, economic viability, and citizen well-being using innovative companies and ideas. As a end result, Bahrain has initiated the movement towards sensible cities whereby the city areas in Bahrain can turn into extra efficient, livable, and sustainable in both the quick and long run with the active participation from public administration, residents and businesses. Kuwaiti Financial House (KFH) in Bahrain has used the first robotic assistant for mortgage applications.

Dealing with Big knowledge has enabled Bahrain to implement several initiatives that require analysis of enormous quantities of information such because the inhabitants census and different administrative records of the state institutions, saving effort, time and bills. Modern technology, such as the web of issues, provides quite a lot of opportunities in lots of industries, to reformulate the contemporary office and simplify its operations.