Explore the Fast Company Middle East’s Most Innovative Companies 2023 list; featuring 42 winning entries reshaping businesses and industries. We’ve selected the companies making the most significant impact with their initiatives across 23 categories, including the most innovative services, sustainability & cleantech and retail companies.

In the ever-evolving domain of AI and data science, several advances are reshaping industries. Companies in the foray leverage technologies and data-driven insights to transform businesses’ operations. They are unlocking the potential of AI, machine learning, and big data analytics to automate processes, drive innovation, and make data-informed decisions.

AIQ

For addressing the energy transition challenge through innovative tech

While we develop new energy sources to mitigate climate change and environmental degradation, improving the efficiency and sustainability of our current energy sources is imperative. AIQ is addressing the energy transition challenge through the innovative application of artificial intelligence and machine learning, big data analytics, computer vision, and other 4IR technologies, developing solutions and enabling it to deliver sustainable growth. Formed as a joint venture between global energy company ADNOC and Abu Dhabi’s technology leader G42, AIQ has assembled a team of over 100 data scientists and subject matter experts, leveraging the company’s industry data and knowledge to develop a portfolio of over 20 solutions.

They have created an Advanced Reservoir 360 solution, an Al-driven reservoir visualization and performance application that optimizes the exploitation of oil and gas fields. Utilizing AIQ AI-Emissions Platform, a predictive analytics platform, enterprises are given detailed visibility into their carbon footprints and streamlining ESG reporting.