NGN Group has partnered with startup Dbrain to bring AI
solutions to its customers in the Gulf region.
The partnership, between NGN’s consulting and training
company NNTC, and systems integrator NGN International, will utilise Dbrain’s
open blockchain platform to create AI applications for business.
Dbrain operates as an end to end developer of AI solutions,
using a crowdsourced workforce and its own data scientists to turn raw data
into real-world AI solutions for businesses. The partnerships open new opportunities across oil & gas,
banking & finance as well as other sectors for all parties involved.
NGN International provide consultancy, implementation, and support services in
a variety of areas, including blockchain development, drone, internet of things
and smart city solutions, video analytics, virtual reality, and many more. By
partnering with Dbrain, NNTC and NGN International will expand its service
offering by adding AI solutions that are in high demand in the Gulf region.
machine learning technologies are gaining wider recognition globally.
Businesses need to focus on implementing these technologies to stay
competitive. We observed a high adoption rate of AI technology in the UAE
amongst other GCC countries. A big amount of investment goes into talent
development and training in this domain,” said Dmitry Matskevich, the CEO of
drive includes the UAE 2031 Strategy for Artificial Intelligence, which aims to
raise the country’s IT infrastructure efficiency by increasing its reliance on
AI. In fact, the UAE even have their own Minister of State for Artificial
Intelligence. In Bahrain, PWC predicts AI will account for 8.2% of GDP by 2030,”
partnership with NNTC will allow Dbrain to grow its presence in the MENA region across new
use AI not only to discover the best places for oil drilling, but also to
improve accuracy by the real-time drilling monitoring, correcting, and
adjusting. This could lead to a wide implication for the oil industry, giving
companies a competitive edge and enabling to avoid energy and time waste.
AI to detect suspicious banking transactions, Dbrain and NNTC will make the
banking process much safer for users. The companies also aim to use AI for
customer services automation, making it possible to satisfy customers’ needs
much quicker and easier, without a huge strain on staff.
added: “We are really excited to share our AI expertise with companies in the
Middle East. The UAE is showing great potential in this industry, and we are
extremely happy with this opportunity to be a part of that growth.”
Doshaniy, NNTC’s General Manager, said: “Banking industry is one of the
verticals to largely benefit from AI application and this collaboration will
facilitate our plans to grow our presence in this sector. AI will allow
organizations to save time, reduce costs, optimize their operations, make
relevant predictions and drive higher revenue. We are glad to support UAE’s
smooth adoption of AI across private and public sectors.”
gladly welcome partnership with Dbrain and the opportunity to help Bahraini
from digital transformation by using AI. Through the adoption of AI we are
planning to automate and improve business efficiency, and uplift the economy of
the Kingdom,” said Yaqoob AlAwadhi, CEO at NGN International.