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Tech & Business

2.1.2022

Leap 2022: the biggest international meeting on tech innovations starts in Riyadh

An unprecedented gathering of tech experts  Eugene Kaspersky, founder of the homonymous company specialized in information systems security, Börje Ekholm, President of Ericsson, Malaziwe Mandela, daughter of the former South African president and founder of the Mandela Foundation, have all responded to this event dedicated to tech in Saudi Arabia, the largest in the world.  […]

An unprecedented gathering of tech experts 

Eugene Kaspersky, founder of the homonymous company specialized in information systems security, Börje Ekholm, President of Ericsson, Malaziwe Mandela, daughter of the former South African president and founder of the Mandela Foundation, have all responded to this event dedicated to tech in Saudi Arabia, the largest in the world. 

And nothing was chosen at random, starting with the name of the event itself, Leap, justified by Abdullah Alswaha, Saudi Minister of Communications and Technology, partner of the event: “We live in an era where everyone can either make a leap forward or be left behind.”

And the motto of this first edition is indeed to show that the world of tomorrow – even today -, is rooted in technological innovation and the use of new technologies to improve all possible sectors: health, economy, education, but also the optimization of energy use, and transportation. 

Saudi Arabia takes the lead 

In addition to the numerous conferences presented by these international experts, some 1,000 start-ups are exhibiting at the show to present their innovative projects, in the Middle East and worldwide, and hope to find potential investors. To help them, the Rocket Fuel Start-up Competition offers them the opportunity to pitch their projects during the three days of the show, at the end of which 4 prizes will be awarded, worth between $100,000 and $250,000 each. 

“We are participating in this competition, and hope to find investors interested in Wattnow, our intelligent energy management solution,” says Malek Atallah, the marketing manager of this Tunisian start-up. An important springboard for these young entrepreneurs, which is part of the Kingdom of Saudi Arabia‘s desire to support investment in youth. Support shared by Ville Skinnari, Finnish Minister of Development, who said during his speech: “What I trust for the future is the youth, their ambition, their investment for the future.” 

This groundbreaking event further clarifies the kingdom’s commitment to accelerate the country’s digitalization, as part of its Vision 2030 plan. For Minister Abdullah Alswaha, “technology and innovation have enormous potential to transform economies and societies.”

 

See also

In 2022 tech continues its rise in the Arab world

Published on 1 February 2022

##tech

#Innovation

#metaverse

#Saudi Arabia