SDAIA, NTP Launch Saudi Arabia’s 1st National Data Index

The Saudi Data and Artificial Intelligence Authority (SDAIA) and the National Transformation Program (NTP) launched on Monday the first National Data Index (Nudei).
The Saudi Data and Artificial Intelligence Authority (SDAIA) and the National Transformation Program (NTP) launched on Monday the first National Data Index (Nudei).
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SDAIA, NTP Launch Saudi Arabia’s 1st National Data Index

The Saudi Data and Artificial Intelligence Authority (SDAIA) and the National Transformation Program (NTP) launched on Monday the first National Data Index (Nudei).
The Saudi Data and Artificial Intelligence Authority (SDAIA) and the National Transformation Program (NTP) launched on Monday the first National Data Index (Nudei).

The Saudi Data and Artificial Intelligence Authority (SDAIA) and the National Transformation Program (NTP) launched on Monday the first National Data Index (Nudei), the developed version of the Open Data Platform, as well as the Data Governance Platform, in a first for the Kingdom.

The move is a bid to achieve the objectives of promoting transparency, creating a national data-based economy, and contributing to the assessment of data maturity in government entities, specified in the Saudi Vision 2030.

The launch was made during the Saudi Data Forum, organized by the SDAIA and NTP, which kicked off in Riyadh on Monday.

Attending the event were Assistant Minister of Interior for Technology Affairs Prince Bandar bin Abdullah bin Mishari, SDAIA President Dr. Abdullah bin Sharaf Al-Ghamdi, several ministers and senior officials dealing with data from public departments, major local and international institutions and companies.

The National Data Index is the result of the collaboration between SDAIA and NTP. It is a dynamic results-based indicator for follow-up and evaluation that was developed with the aim of assessing and tracking the progress of government agencies in data management, and compliance and operational indicators.

The indicator provides government entities with enabling tools that effectively help measure data management practices and achieve advanced evaluation levels. It covers 14 areas of data management through three key components: data management maturity measurement questionnaire, measurement of compliance with national data management controls and specifications, and measurement of operational indicators.

The indicator aims to establish a robust data governance framework and policies, with the aim of controlling data management practices, measuring data management maturity and ensuring compliance, improving the effectiveness of data management operational processes, and developing compliance and investigation-reporting mechanisms.

It also aims at tracking and controlling compliance with regulations, as well as improving data life cycle management processes to ensure accurate, complete and coordinated data and implement data life cycle management processes to deal with data from creation to disposal in a standard-compliant manner.

It will promote a culture of data management through training programs for government employees and help carry out awareness campaigns for beneficiary groups.

The indicator enhances transparency in all government agencies and tracks their progress in implementing data management practices. The results and recommendations help improve data quality, credibility, and integrity.

SDAIA conducted 15 training workshops for 189 participants from 52 government agencies, followed by 12 virtual workshops that benefited 436 participants. They were aimed at raising awareness about the measurement entities.

An upgraded version of the open data platform was launched during the ceremony. It allows individuals, government, and non-government agencies to publish their open data and make it available to beneficiaries, such as entrepreneurs.

This initiative contributes to building a digital economy in the Kingdom. The platform has so far achieved more than 7,000 open data sets, more than 190 open data publishers, and more than 35 use cases.

The data governance platform that was launched aims to register entities covered by the Personal Data Protection Law. It is bound to raise the level of these entities' commitment to the system's provisions by providing support and advice on preserving the privacy of personal data holders and protecting their rights.

The platform aims to create a unified national registry and enable entities to comply with their obligations stipulated in the system. It develops measurement indicators that reflect the results of the extent of compliance with laws and regulations.

Government agencies can benefit from the platform in easy steps: fill out the registration form, log in through the national unified access platform, complete the entity's profile, and submit data for evaluation. Once the entity obtains the official registration certificate, it can benefit from the various services offered on the platform.

The data governance platform provides government agencies with several services, including notification about a possible data leak, privacy impact assessment, legal support, and a self-assessment tool for compliance with the Personal Data Protection Law and its regulations. It also offers compliance assessment, thus helping promote correct practices and identify and address areas of non-compliance.

The platform provides corrective action follow-up services to ensure that issues do not recur and to achieve the highest levels of responsibility and transparency.

In January 2022, SDAIA and NTP signed a memorandum of understanding to launch new strategic partnerships and smart business solutions, which support the strategic objectives of Saudi Vision 2030 assigned to NTP. SDAIA will also come up with quality digital initiatives related to data and intelligence. Artificial technology will be employed to achieve the NTP goals and enable digital transformation in the Kingdom.



Dell Forecasts Downbeat Fourth-Quarter Revenue on PC Weakness

The logo of Dell Technologies at the Milipol Paris, the worldwide exhibition dedicated to homeland security and safety, in Villepinte near Paris, France, November 15, 2023. (Reuters)
The logo of Dell Technologies at the Milipol Paris, the worldwide exhibition dedicated to homeland security and safety, in Villepinte near Paris, France, November 15, 2023. (Reuters)
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Dell Forecasts Downbeat Fourth-Quarter Revenue on PC Weakness

The logo of Dell Technologies at the Milipol Paris, the worldwide exhibition dedicated to homeland security and safety, in Villepinte near Paris, France, November 15, 2023. (Reuters)
The logo of Dell Technologies at the Milipol Paris, the worldwide exhibition dedicated to homeland security and safety, in Villepinte near Paris, France, November 15, 2023. (Reuters)

Dell forecast fourth-quarter revenue below Wall Street expectations on Tuesday, weighed down by weaker demand for its traditional PCs and competition from rival server makers, sending its shares down more than 10% in extended trading.

Despite booming demand for the company's AI-optimized servers used to handle large artificial intelligence workloads, Dell's PC segment has been grappling with stiff competition from rivals and weak consumer spending amid an uncertain economy.

Enterprise customers are being mindful of their PC and IT spending in the short term, Dell executives said on a post-earnings conference call, adding that the company's consumer business was weaker than expected.

Dell forecast fourth-quarter revenue between $24 billion and $25 billion. The average analyst estimate is $25.57 billion, according to data compiled by LSEG.

"The entire PC market is in a transition period and moving towards on-device AI functionality which still isn't that defined and is expected to solidify in 2025," Gadjo Sevilla, senior analyst for AI and Tech at Emarketer, said.

Revenue from Dell's client solutions group, which houses its PC business, came in at $12.13 billion, below expectations of $12.43 billion.

Rival PC maker HP also provided a weak first-quarter profit forecast, while electronics retailer Best Buy trimmed its annual forecasts against the backdrop of weak consumer electronics demand.

Investors are also keenly eyeing Dell's costs after the company flagged in May that higher expenses to build AI-heavy servers and competitive pricing would hurt its margins.

"Interest in our portfolio is at an all-time high, driving record AI server orders demand of $3.6 billion in Q3 and a pipeline that grew more than 50%," Dell's Chief Operating Officer Jeff Clarke said on Tuesday.

Revenue from the company's infrastructure solutions group unit, which houses its AI servers business, rose 34% to $11.37 billion and beat estimates.

Dell reported revenue of $24.37 billion in the third quarter, missing estimates of $24.67 billion.