iot squared, a pioneer in Internet of Things (IoT) technology and a division of the STC Group, has partnered with AHOY Technology, a provider of logistics and smart transportation infrastructure.
This partnership encourages a whole shift towards IoT, advancing a cutting-edge technology revolution that aspires to meet the goals of Saudi Vision 2030.
With iot squared serving North African countries and the Middle East, the frontline tech partnership will soon enough trickle into Africa.
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In accordance with this contract, AHOY and iot squared will work together to deliver cutting-edge smart logistics solutions, including cutting-edge technological infrastructure and numerous programmes that help establish application interfaces and software platforms. Along with determining the target market, this engagement also includes offering technical assistance.
With the help of the partnership, iot squared will be able to market cutting-edge goods and services like the COMET software platform (SaaS). The FLY+ platform (PaaS) offers an intelligent travel experience through remote registration services, door-to-door services, and handling. COMET is meant to improve all logistical platforms, streamline operations. The agreement also includes AHOY’s Movement Studio, an innovative studio that offers cutting-edge software development tools to enable the quick and affordable development of futuristic solutions, systems, and applications that provide precise orchestration of movement and routing for businesses and sophisticated commercial-grade applications.
Global alliances, according to iot squared CEO Othman Aldahsh, are a top goal for them in order to take advantage of potential and new prospects through targeted investments, acquisitions, and collaborations. They want to hasten the digital revolution by creating a robust IoT ecosystem in the Kingdom in accordance with the Saudi Vision 2030. He continued by saying that the alliance with AHOY would support clients in adding value across our key emphasis areas, including smart cities, industry 4.0, and smart mobility and logistics services. Industrial IoT solutions offer a platform that connects people, machines, cloud computing, analytics, and people to increase operations’ performance and productivity. Additionally, it helps businesses to digitise existing processes and create new business models.
On the other hand, Jamil Shinawi, Co-Founder and CEO of “AHOY” Technology, said that since the company’s founding in 2018, its main goal has been to bring about improvements in the field of smart logistics and transportation. They accomplish this by offering cutting-edge hardware and software for the Internet of Things. Through the use of innovative solutions, its broad range of goods and services aims to raise the bar for logistics technology. The innovators and entrepreneurs in the area will be given the opportunity to use their technologies, resources, and knowledge thanks to their relationship with a top business like iot squared, the speaker continued.
What to know about iot squared
iot squared was established by stc and PIF as a joint venture that focuses on the Internet of Things (IoT). iot squared is positioned to be a regional centre for the Internet of Things in the Middle East and North Africa with over SR492 million in the financing, with the goal of accelerating the use of IoT technology. The Internet of Things has been included as one of the priority investment areas in stc’s “DARE 2.0” plan, which is consistent with Saudi Arabia’s digital transformation objectives sponsored by PIF.
iot Squared intends to be a “one-stop-shop” for IoT solutions by providing smart solutions in industries including manufacturing, logistics, and smart cities. iot squared wants to encourage research and development in the Kingdom of Saudi Arabia while assisting these sectors in attaining growth and operational excellence.
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AHOY Technology
AHOY is a multinational technology company that specialises in spatial deep tech. Through ground-breaking innovations that address spatial, routing, and operational problems as well as automated task delegation and autonomous management of complex operations, AHOY reshapes the future of movement and mobility, setting new benchmarks in a variety of industries.
AHOY’s adaptable tech stack supports a wide range of use cases, including those related to logistics and supply chain, cold-chain, quick commerce, utilities, police, first responders, public transportation, security, aviation, CPG/FMCG, Automotive OEM, aviation, food aggregators, quick commerce, delivery, public transportation, 3PL, security, municipal, smart cities, traffic, e-commerce, environmental, and much more.
These products and consulting services are made available to developers and businesses looking to innovate and disrupt their industries in order to improve not only the user experience (UX) of their customers but also their own growth, profitability, OPEX, CAPEX, and reach while also having a positive effect on socioeconomic development and life quality.