As part of its ongoing efforts to encourage innovation in data, artificial intelligence (AI), and smart cities, the Saudi Company for Artificial Intelligence (SCAI) has signed a Memorandum of Understanding (MoU) with Intelmatix, decision intelligence and advanced technologies. The signing took place on the closing day of the Smart Cities Business Accelerator Program, organized by the Saudi Data and Artificial Intelligence Authority (SDAIA), on Thursday, 21st Shaaban 1443, and saw the attendance of Dr. Abdullah Sharaf Al-Ghamdi, Chairman of SDAIA. 

The MoU will help pave the way for new opportunities in the field of AI applications, propelling the Fourth Industrial Revolution in the Kingdom. It will facilitate collaboration between the two companies across multiple domains, including the utilization of decision intelligence and AI technology products across diverse sectors. 

This agreement is a direct outcome of SDAIA's unwavering support for innovation in the fields of data sciences, AI, smart cities, data analysis, and advanced technologies in the Kingdom. It reflects SDAIA's dedication to establishing a conducive environment that nurtures and bolsters the sector through high-quality standards and projects. 

Eng. Ayman Al-Rashed, CEO of SCAI, emphasized Intelmatix’s role as a regional leader in decision intelligence and deep technologies. He also highlighted the partnership’s importance to SCAI’s comprehensive sector collaboration strategy. Their ultimate objective, he added, is to foster the growth of AI systems and advanced technologies, thereby creating enduring value both regionally and globally.  

Dr. Anas Al-Faris, CEO of Intelmatix, stressed the significance of working alongside SCAI, an AI sector leader, renowned for enhancing the sector on a global scale. Through their support and development of AI applications to address the most significant challenges faced by governmental bodies and corporations, the collaboration will contribute to the realization of the Kingdom’s Vision 2030 objectives and help create lasting change in the digital economy.