Index Holding is spearheading a transformative shift in its operations by implementing advanced artificial intelligence (AI) technology across all its subsidiaries, both locally and globally. This strategic move is in line with the forward-thinking directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, who emphasizes the critical role of AI in both business and daily life. Recently, the organization's commitment to innovation was acknowledged at the World CIO 200 Summit UAE Edition 2024, where it was honored with the Transformative Technology Leader Award, the CIO 200 Award, and the Legend Award from the Global CIO Forum Committee. Shaker AlOwainati, chief technology officer, accepted these prestigious awards, highlighting Index's dedication to excellence and its use of AI to achieve remarkable business success in the digital age.
During events and across all subsidiary services and products, AI and technology integration are crucial for providing a smooth registration and user experience, along with increased operational efficiency. This technological advancement has positively impacted all of Index's subsidiaries, improving efficiency, simplifying workflows, and driving substantial revenue growth. By anticipating and addressing user needs through AI, the organization has enhanced its overall experience and strengthened its reputation as an industry leader. "Our dedication to integrating AI across all our subsidiaries has revolutionized our business approach. By leveraging artificial intelligence, we have streamlined operations, improved decision-making processes, and opened new avenues for innovation. This technological advancement is fundamental to our strategy, ensuring that we remain at the forefront of industry trends and continue to deliver exceptional value to our clients and stakeholders," AlOwainati stated.
Index Conferences and Exhibitions, a subsidiary of Index Holding, is leading the integration of artificial intelligence across multiple sectors, highlighting the UAE's significant role in fostering business growth within the exhibition and conference industry. This innovative approach is evident in major events such as DIHAD, AEEDC, and Dubai Derma. Utilizing cutting-edge technology, Index Conferences and Exhibitions has created seamless event experiences, cementing its status as a key industry player. In 2024, the organization facilitated direct and indirect trade deals totaling approximately $49 billion, marking a 10 percent increase from the previous year. As a leading organizer of specialized trade exhibitions in the healthcare sector, Index has attracted over 180,000 participants from more than 25 countries in the first half of 2024 and is on track to reach 250,000 by the end of the year. The success of these events is driven by the latest communication channels, which are essential for engaging the target audience and providing excellent education and networking opportunities. This approach is crucial for keeping up with continuous advancements in science, technology, and research in the healthcare field.
Eng. Anas AlMadani, vice-chairman and Group CEO of Index Holding, commented on the AI integration within the organization, emphasizing its importance to the UAE economy. "Our commitment to integrating AI technology across our subsidiaries is transforming the MICE industry. This innovation not only enhances efficiency and personalization but also drives significant economic value. As we continue to set new benchmarks, we are proud to contribute to the UAE's position as a global leader in the exhibition market," he stated. Additionally, by strategically utilizing advanced artificial intelligence technologies, the corporation is significantly enhancing operational efficiency while delivering highly personalized experiences tailored to the unique needs of each employee. The integration of AI empowers Index to proactively anticipate and respond to member needs, enriching the overall workplace experience and solidifying its position as a forward-thinking industry leader.
In conclusion, Index Holding showcases proactive initiatives in economic and technological advancement, demonstrating the transformative impact of innovative thinking and state-of-the-art technology.
