Latest news with #FredCrehan
Tahawul Tech
22-05-2025
- Business
- Tahawul Tech
'We're seeing a big shift from AI experimentation to AI at scale.' – Fred Crehan, Confluent
Confluent, Inc. has released findings from its fourth annual Data Streaming Report, which surveyed 4,175 IT leaders across 12 countries, including the UAE. The results make it clear that data streaming platforms (DSPs) are no longer optional, they are critical to AI success and broader business transformation. Looking specifically at respondents from the EMEA region, a majority of IT leaders (86%) plan to increase investments in DSPs in 2025. 'From powering agentic AI to enabling real-time fraud detection, data streaming platforms are quickly becoming the fuel for modern enterprises,' said Rey Perez, Chief Customer Officer at Confluent. 'They are uniquely positioned to address today's most pressing data challenges while enabling innovations that drive businesses into the future.' Across the EMEA region, organisations are embracing AI-powered capabilities at an accelerating pace. Over half (52%) of IT leaders surveyed say they have already established the use of chatbots, copilots, and AI assistants in their operations. AI-enhanced security tools are also gaining traction, with 34% reporting active deployment, alongside 33% who are using AI to improve IT operations. 'In the Middle East, we're seeing a shift from AI experimentation to AI at scale,' said Fred Crehan, Area Vice President Growth Markets at Confluent. 'Governments and private enterprises alike are racing to adopt intelligent systems—but AI without timely, trustworthy data will always fall short. Data streaming platforms are filling this gap, making AI adoption not only faster but significantly more effective.' Why it matters for AI Behind the scenes of the region's AI initiatives, one key enabler stands out: real-time, reliable access to high-quality data. In fact, nearly three out of four (73%) of EMEA respondents say data streaming technology is one of the most important enablers of their ability to harness enterprise data for AI. A further 85% agree that DSPs will become increasingly vital in feeding AI systems with real-time, contextual, and trustworthy data—a requirement that is essential for everything from fraud detection and automation to personalized customer experiences. This strong foundational value is translating into real business results. The majority of respondents report that DSP adoption has had positive impact, either direct or indirect, across several key metrics: 89% say data streaming has enhanced product and service innovation, 83% report reduced business costs and risks, and 83% say it has directly contributed to increased revenue or growth. Time to market is also improving, with 80% citing measurable acceleration. As a result, 86% of EMEA organisations say they will increase their investment in data streaming platforms in 2025, reflecting growing confidence in both the technology and the business outcomes it delivers. When asked to quantify return on investment, 42% of EMEA organisations report achieving 5x ROI or more, while 37% say they have already doubled their investment. Impressively, 7% report seeing tenfold returns.
TECHx
21-05-2025
- Business
- TECHx
Confluent Reveals EMEA Surge in Data Streaming Investment
Home » Emerging technologies » Artificial Intelligence » Confluent Reveals EMEA Surge in Data Streaming Investment Confluent, Inc. (NASDAQ:CFLT), a data streaming pioneer, has released findings from its fourth annual Data Streaming Report. The report surveyed 4,175 IT leaders across 12 countries, including the UAE. It revealed that data streaming platforms (DSPs) are no longer optional. They are now seen as critical to AI success and business transformation. In the EMEA region, 86% of IT leaders plan to increase their investment in DSPs in 2025. Rey Perez, Chief Customer Officer at Confluent, said DSPs are powering agentic AI and real-time fraud detection. He added that these platforms are key to addressing modern data challenges and enabling future innovations. The report also showed that organizations in EMEA are rapidly adopting AI capabilities. Over half (52%) of surveyed IT leaders have implemented chatbots, copilots, and AI assistants. Meanwhile, 34% have deployed AI-enhanced security tools, and 33% are using AI to improve IT operations. Fred Crehan, Area Vice President Growth Markets at Confluent, reported a major shift in the Middle East from AI trials to full-scale adoption. He stressed that without timely and trustworthy data, AI cannot deliver results. DSPs, he said, are closing that gap. Nearly 73% of EMEA respondents identified real-time, high-quality data as essential to AI success. Furthermore, 85% believe DSPs are becoming increasingly vital in feeding AI systems with contextual and trustworthy data. These platforms are proving their business value: 89% said data streaming improved product and service innovation 83% reported reduced business costs and risks 83% noted direct contributions to revenue growth Additionally, 80% reported faster time to market. Looking ahead, 86% of EMEA organizations plan to grow DSP investment in 2025. Return on investment is also strong. According to the report: 42% of organizations achieved 5x ROI or more 37% said they doubled their investment 7% reported tenfold returns Confluent's findings highlight the increasing role of data streaming in driving AI adoption and delivering measurable business outcomes across the EMEA region.
Mid East Info
21-05-2025
- Business
- Mid East Info
Data Streaming Enables AI Product Innovation, say 87% of EMEA IT Leaders in New Confluent Report - Middle East Business News and Information
Confluent, Inc. (NASDAQ:CFLT), the data streaming pioneer, today released findings from its fourth annual Data Streaming Report, which surveyed 4,175 IT leaders across 12 countries, including the UAE. The results make it clear that data streaming platforms (DSPs) are no longer optional, they are critical to AI success and broader business transformation. Looking specifically at respondents from the EMEA region, a majority of IT leaders (86%) plan to increase investments in DSPs in 2025. 'From powering agentic AI to enabling real-time fraud detection, data streaming platforms are quickly becoming the fuel for modern enterprises,' said Rey Perez, Chief Customer Officer at Confluent. 'They are uniquely positioned to address today's most pressing data challenges while enabling innovations that drive businesses into the future.' Across the EMEA region, organisations are embracing AI-powered capabilities at an accelerating pace. Over half (52%) of IT leaders surveyed say they have already established the use of chatbots, copilots, and AI assistants in their operations. AI-enhanced security tools are also gaining traction, with 34% reporting active deployment, alongside 33% who are using AI to improve IT operations. 'In the Middle East, we're seeing a shift from AI experimentation to AI at scale,' said Fred Crehan, Area Vice President Growth Markets at Confluent. 'Governments and private enterprises alike are racing to adopt intelligent systems—but AI without timely, trustworthy data will always fall short. Data streaming platforms are filling this gap, making AI adoption not only faster but significantly more effective.' Why it matters for AI Behind the scenes of the region's AI initiatives, one key enabler stands out: real-time, reliable access to high-quality data. In fact, nearly three out of four (73%) of EMEA respondents say data streaming technology is one of the most important enablers of their ability to harness enterprise data for AI. A further 85% agree that DSPs will become increasingly vital in feeding AI systems with real-time, contextual, and trustworthy data—a requirement that is essential for everything from fraud detection and automation to personalized customer experiences. This strong foundational value is translating into real business results. The majority of respondents report that DSP adoption has had positive impact, either direct or indirect, across several key metrics: 89% say data streaming has enhanced product and service innovation, 83% report reduced business costs and risks, and 83% say it has directly contributed to increased revenue or growth. Time to market is also improving, with 80% citing measurable acceleration. As a result, 86% of EMEA organisations say they will increase their investment in data streaming platforms in 2025, reflecting growing confidence in both the technology and the business outcomes it delivers. When asked to quantify return on investment, 42% of EMEA organisations report achieving 5x ROI or more, while 37% say they have already doubled their investment. Impressively, 7% report seeing tenfold returns.
