(15 January 2024)
Presight AI Holding (Presight), the region’s leading big data analytics company powered by generative AI, and Hitachi Digital Services, the data solutions and services subsidiary of Hitachi Ltd, have signed an MoU to explore collaboration in smart city and cognitive city technologies.
The MOU was signed by Dr. Adel Al Sharji, COO of Presight, and Margarida Fontainhas Marques, EMEA Vice President of Hitachi Digital Services, at Presight’s Headquarters in Abu Dhabi. Under the agreement, Presight and Hitachi Vantara will seek to identify areas for cooperation and synergies in smart and cognitive city solutions.
The two companies will focus on a number of business areas and opportunities, including integration of AI into smart and cognitive city technologies; solutions for urban planning and infrastructure; environmental and energy efficiency solutions; digitalisation and the use of data analytics for urban management systems.
The Cognitive Cities model processes real-time data to provide proactive and predictive support to city management, residents, and businesses with cognitive computing to transform cities into intelligent and adaptable ecosystems. The model is capable of learning from data and adapting to changing situations, to become a proactive and autonomous system that supports city inhabitants and improves quality of life.
Dr. Al Sharji said, “Presight is delighted to be partnering with Hitachi Digital Services. Across the region there are ambitious plans to transform smart city expertise into cognitive city leadership. Through this partnership with Hitachi Digital Services, Presight will be ideally positioned to develop cutting-edge AI-enabled cognitive city solutions which will enable cities in the Middle East and around the world to take this next step in building the cities of the future.”