SEED Group Announces a Partnership with AntWorks to Further Strengthen the Position of UAE as the Preferred Destination for the Development and Adoption of AI
Dubai, United Arab Emirates – 14 November 2019 – SEED Group, owned by The Private Office of Sheikh Saeed bin Ahmed Al Maktoum, today announces a partnership agreement with AntWorksTM, a company headquartered in Singapore that integrates fractal science-powered artificial intelligence (AI) and intelligent automation solutions. SEED Group selected AntWorks as its key partner to contribute to the AI agenda for the region held by the UAE Ministry of Artificial Intelligence.
AntWorks developed the world’s first and only Integrated Automation Platform (IAP), ANTsteinTM SQUARE, that is designed by using fractal-based algorithms and applying data ingestion to recognize and understand all types of data; including structured, unstructured, handwritten and inferred images. It boasts to simplify complex processes by integrating machine learning, natural language processing, and natural language comprehension with a cognitive machine reading element.
ANTstein SQUARE promises to address the business challenge of scaling RPA and will help dispensaries and AntWorks to collect business intelligence on end-customers in accordance with privacy laws. SEED Group’s CEO, Hisham Al Gurg, exclaimed that AntWorks is poised to become a leader in the MENA region’s AI sector, recognizing and resolving challenges and roadblocks affecting AI adoption.
“We are excited to partner with AntWorks on this venture. This partnership adds another strong link to our overall portfolio,” said Hisham Al Gurg, CEO of SEED Group and The Private Office of Sheikh Saeed bin Ahmed Al Maktoum. “AntWorks is taking important steps to become an innovator in the field of AI and automation, with years of practical experience with leading companies across the globe. This partnership with AntWorks represents our strong commitment to helping achieve the 2031 Artificial Intelligence Strategy of the UAE.”
In partnering up with SEED Group, AntWorks intends to expand throughout the MENA region with an initial goal of penetrating the banking financial services, manufacturing, oil and gas, and retail industries in Dubai.
“We are deeply honored to partner with The Private Office of Sheikh Saeed bin Ahmed Al Maktoum and SEED Group expanding AntWorks’ reach into the Middle East,” said Asheesh Mehra, AntWorks Co-Founder and Group CEO. “This is a market that thrives on innovation and has taken some of the most ambitious steps in the world in adopting the use of AI across government and business as they seek to create new economic, social, and educational opportunities for citizens. We look forward to a powerful and productive relationship that will make straight-through processing a reality across the GCC.”
The official signing ceremony took place at the Private Office of Sheikh Saeed bin Ahmed Al Maktoum Dubai’s office on October 31, 2019. Following the agreement, AntWorks will have a 10-member group in Dubai prepared to go after the region.
AntWorks™ is a global artificial intelligence and intelligent automation company, creating new possibilities with data through digitization, automation and enterprise intelligence. As the world’s first and only Integrated Automation Platform (IAP) powered by fractal science principles and pattern recognition that understands every data type, ANTstein™ SQUARE digitizes every piece of information for a diverse range of industries. Visit www.ant.works to empower your enterprise by automating complex business processes end-to-end.
About SEED Group
Over the past 16 years, SEED Group has formed strategic alliances with leading global companies representing diverse regions and industries. These companies have propelled their business interests and goals in the Middle East & North Africa (MENA) region through the support and strong base of regional connections of the SEED Group. The Group’s goal is to create mutually beneficial partnerships with multinational organizations and to accelerate their sustainable market entry and presence within the MENA region. SEED Group has been a key point in the success of all its partners in the region helping them reach their target customers and accelerate their businesses. The Private Office was established by Sheikh Saeed bin Ahmed Al Maktoum to directly invest in or assist potential business opportunities in the region, which meet The Private Office’s criteria. For more information, visit www.seedgroup.com.
AntWorks Media Contact:
+65 3127 0000
SEED Group Media Contact:
Nomarie Jean Lacsamana
+971 4 373 5068