Artificial intelligence (AI) has exceeded being a business buzzword and has become an essential part of our lives, work, and business practices. It, along with automation, is revolutionizing industries and challenging traditional business models.

Consultants, who are known for driving organizational change, are at the forefront of this technological revolution. Consequently, it became essential for independent consultants, advisors, and freelancers in the management, data, and analytics consulting industries to grasp the opportunities and challenges presented by AI and automation in the consulting world. By understanding these dynamics, they can effectively navigate and leverage the transformative power of AI and digitization to deliver valuable insights and solutions to their clients.


The Impact of AI and Automation on the MENA Region and the Consulting Landscape

The impact in the Middle East is set to be profound, with the region projected to generate a staggering $320 billion in economic value by 2030 as detailed by a PwC publication. This surge in AI investment and research is particularly apparent in countries like the UAE, Saudi Arabia, and Qatar, where AI has been integrated into their national strategies for economic development.

The rise of AI and Automation in the region accordingly influenced the consulting industry landscape, creating challenges and a multitude of new opportunities. One of the key benefits is the automation of time-consuming tasks that were previously performed by humans. This automation leads to increased efficiency, productivity, and ultimately, profitability for consulting firms. Additionally, AI has the capability to analyse vast amounts of data, enabling consultants to identify patterns and trends that can inform decision-making in areas such as marketing, product development, and pricing strategies.


Opportunities for Career Growth in AI and Automation for Consultants

According to the ‘Future of Jobs: 2023 Insight Report’ published by the World Economic Forum, the adoption of AI and automation technologies, along with other technologies like big data and cloud computing, is on the rise. More than 75% of companies surveyed are planning to adopt these technologies within the next five years. This technology adoption is expected to have a net positive impact on job creation and will continue to drive business transformation in the coming years.

As companies embrace these technological advancements, there is an increased demand for consultants specializing in change management, data analytics, business intelligence, automation, and strategy implementation. These consultants play a crucial role in helping organizations navigate transitions and structural shifts associated with technology adoption. They assist in deriving valuable insights and contribute to informed, data-driven decision-making processes.

Examples of how organizations in the region are already moving to capture AI’s value have been well publicized. Riverhead, an online outsourcing platform, provides experts and professionals with the opportunity to expand their portfolios and access high-growth transformation projects of immense scale in countries like Saudi Arabia, the United Arab Emirates, and Qatar. By connecting experts and professionals with organizations seeking their expertise, Riverhead is not only driving business growth but also empowering professionals to thrive in the evolving landscape of technology-driven consulting.


Challenges and Considerations for AI and Automation Professionals

The field of AI and automation is characterized by rapid developments, making it crucial for consultants to stay updated with the latest technologies, frameworks, and algorithms. Continuous learning and professional development are essential to remain competitive. This involves engaging in ongoing training, attending conferences, and actively participating in relevant communities to stay abreast of the latest developments.

Another challenge that consultants face in the realm of AI and automation is the need to align client expectations. Many clients may not have a deep understanding of AI and automation, which can make it difficult to set realistic expectations. In such cases, consultants must invest time in clients learning cycles about the capabilities and limitations of AI. It is important to clearly communicate the benefits, risks, and potential impact that AI can have on their business.

In conclusion, with the increasing adoption of technological and organizational transformation strategies by numerous organizations in the MENA region, the future presents a unique opportunity for independent consultants, advisors, and freelancers to establish a notable presence, leveraging professional platforms to discover job listings and avail themselves of such opportunities.