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 Raises Forecasts as Demand Surges for Nvidia Powered AI Servers 

The logo of Dell Technologies at the Milipol Paris in Villepinte near Paris, France, November 15, 2023. (Reuters)
The logo of Dell Technologies at the Milipol Paris in Villepinte near Paris, France, November 15, 2023. (Reuters)
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Dell Raises Forecasts as Demand Surges for Nvidia Powered AI Servers 

The logo of Dell Technologies at the Milipol Paris in Villepinte near Paris, France, November 15, 2023. (Reuters)
The logo of Dell Technologies at the Milipol Paris in Villepinte near Paris, France, November 15, 2023. (Reuters)

Dell Technologies raised its annual revenue and profit forecasts on Thursday, buoyed by demand for its AI-optimized servers that are powered by Nvidia's powerful chips, sending its shares up about 3% in extended trading.

Dell's infrastructure solutions group, which includes Nvidia-powered servers, surged 38% to a record revenue of $11.65 billion in the second quarter.

The company's servers are engineered to handle AI systems' intense computational demands, including training large language models.

"Enterprise remains a significant opportunity for us, as many are still in the early stages of AI adoption," Chief Operating Officer Jeff Clarke said in a post-earnings call.

Clarke said that Dell sees an emerging opportunity in "sovereign AI" by leveraging the company's strong relationships with governments globally.

Nvidia on Wednesday said nations building AI models in their own languages were turning to its chips, and that this would contribute about low double-digit billions to its revenue in the financial year ending in January 2025.

Nvidia CEO Jensen Huang called out the partnership with Dell earlier this year, saying they were helping businesses create their own "AI factories."

Dell's stock has risen 45% this year.

Dell said on Thursday it now expects annual revenue outlook to be between $95.5 billion and $98.5 billion, up from $93.5 billion and $97.5 billion previously. It also raised its annual adjusted profit per share forecast to $7.80, plus or minus 25 cents.

Demand for its AI-optimized servers rose about 23% sequentially to $3.2 billion in the second quarter. The backlog for these AI servers was $3.8 billion.

"Our pipeline has grown to several multiples of our backlog," Clarke said in a statement.

Revenue for the second quarter ended Aug. 2 rose about 9% to $25.03 billion, beating analysts' average estimate of $24.14 billion, according to LSEG data. It reported adjusted profit per share of $1.89 per share, compared with estimates of $1.71 per share.

While AI server demand soared, Dell's PC business struggled, losing market share to rivals. However, a strong refresh cycle for

AI PCs are expected next year after Microsoft ends support for Windows 10.

Revenue for the client solutions group - home to PCs - fell about 4% to $12.41 billion.

"Dell lost PC shipment shares in key markets in the second quarter. It is the top vendor in the US business market, but its competitors have shown growth and gained more shares than they did a year ago," said Mikako Kitagawa, director analyst at Gartner.

The company took a $328 million charge for workforce reductions in the second quarter.

Separately, Reuters exclusively reported earlier on Thursday that Dell is again exploring a possible sale of cybersecurity firm SecureWorks, following previous unsuccessful attempts to find a buyer.