KAFD Signs MOU With Sensetime To Collaborate On Smart City I...| MENAFN.COM

Wednesday, 28 September 2022 03:21 GMT

KAFD Signs MOU With Sensetime To Collaborate On Smart City Initiatives


(MENAFN- Mid-East.Info)

Riyadh, Saudi Arabia: King Abdullah Financial District (KAFD) has signed a MoU with SenseTime, a leading global artificial intelligence (AI) software company, to run a pilot project that will support the development of a smart city platform within its iconic business and lifestyle destination and to provide better customer value proposition. 

Located at the heart of Riyadh, KAFD has redefined the city's skyline with its 94 towers and offers a world-class business ecosystem and vibrant lifestyle experiences. KAFD is a landmark project and key driver of Riyadh's economic ambitions and Saudi Vision 2030. As a result of the MoU agreement between SenseTime and KAFD, SenseTime will run a pilot project at KAFD to deploy its cutting-edge AI technologies and demonstrate a scalable Smart City Platform to improve overall operation optimization, asset management and user experience.

The Smart City Platform consists of a full range of modules, such as Smart Building Management, Smart Parking Management and Smart Office Management. The Smart Building and Parking Management platforms will provide contactless access and real-time services for residents, tenants and visitors. The Smart Office Management platform helps to enhance the working experience in commercial premises by providing digital office products and services.

George HUANG, CEO of International Business Group, SenseTime Group, said,“SenseTime is committed to developing best-in-class AI software for our clients with our technological capabilities and innovations. It is our honour to partner with KAFD as Saudi Arabia broadens its role in the world economy alongside its Vision 2030 agenda.”

Gautam Sashittal, CEO of KAFD, commented:“KAFD is leading the way in smart city solutions and are committed to providing exceptional customer service. AI and data analysis will help us to tailor the KAFD experience to every visitor, resident and employee. Our Smart City Strategy includes not only smart building management, but also a destination portal, free public WiFi, charge points, VR and AR experiences. We look forward to working with SenseTime and other partners to keep KAFD at the cutting edge of not only technological development, but also customer service.”

About KAFD

KAFD is an iconic business and lifestyle destination with state-of-the-art physical and digital infrastructure. An architectural marvel designed by more than 25 world-leading architectural firms, KAFD currently has 94 towers that are reshaping the skyline of Riyadh. KAFD is spread over an area of 1.6 sq km and offers a competitive business ecosystem and vibrant lifestyle experiences. KAFD is the largest development globally to achieve LEED Platinum certification, the highest accreditation from USGBC (U.S. Green Building Council), which recognizes KAFD as a global leader in sustainability. 

About SenseTime

SenseTime is a leading AI software company focused on creating a better AI-empowered future through innovation. Upholding a vision of advancing the interconnection of the physical and digital worlds with AI, driving sustainable productivity growth and seamless interactive experiences, SenseTime is committed to advancing the state of the art in AI research, developing scalable and affordable AI software platforms that benefit businesses, people and society, and attracting and nurturing top talents, shaping the future together. 

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