Presight and ISS expand global partnership at GITEX 2024
Eve Goode
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Presight and ISS have announced a new commercial framework agreement that will expand their strategic partnership.
The companies first entered into their close collaboration through a memorandum of understanding that was signed in October 2023 at the GITEX trade show in Dubai, UAE.
ISS has been committed to deploying Presight’s AI-driven data analytics solutions across its portfolio of North and South American end-users.
These include smart city deployments and ISS’s growing portfolio of intelligent transportation solutions (ITS).
ISS also works alongside leading government transportation authority clients in the US, such as CalTrans and the MTA in New York.
ISS will produce integrated solutions incorporating Presight AI technologies as the US-based firm grows its market share throughout the Western Hemisphere.
Presight has shown its commitment to deploying ISS’s SecurOS video and sensor platform across its UAE national and international projects.
“Brings together our strengths”
Thomas Pramotedham, CEO, Presight commented: “Our focus is on ‘Applied Intelligence’, where technology is used to solve some of our most pressing problems and leave a positive impact on society.
“Over the past year, our teams have worked closely with ISS to integrate the SecurOS platform with Presight’s own AI and data analytics technology.”
He added: “This collaboration brings together our strengths, allowing us to offer innovative solutions that will accelerate growth in key markets worldwide together.”
“Ready to adopt”
Richard Burns, Chairman, ISS stated: “Presight’s portfolio of value-added data analytics software solutions are nothing short of ground-breaking.
“Our American clients have been impressed by the advanced science and are ready to adopt.”
He concluded: “Further, we feel the strengths of our two firms are deeply complementary and presented together, will ensure we better meet the demands of our current and prospective global client base.”
President’s prestigious E-Award
The Presight- ISS partnership is another step in building ties between leading AI firms in the US and the UAE.
Presight is listed on the ADX and part of Abu Dhabi’s G42 Group.
ISS is a fast-growing international software business that is headquartered in New Jersey which has been awarded twice for the prestigious President’s “E-Award” by the US Department of Commerce for its “outstanding contribution to American exports”.