AI firm SparkCognition in international expansion to Dubai
Fast-growing artificial intelligence specialist moves into the Middle East with new Dubai base.
SparkCognition, a specialist in artificial intelligence (AI) technologies, has announced its international expansion to the UAE, after the company officially launched its new Dubai office.
“We are pleased to launch our regional headquarters in the UAE,” said Amir Husain, founder and CEO of SparkCognition. “In our discussions with the senior-most leadership of the UAE, we have been incredibly impressed by their drive to transform the country into a significant global AI player.
“They continue to illustrate their commitment to technological leadership, and we share their vision of rapid and exponential technological advancement. We hope our presence and investment here will further that aim, while bringing the world’s leading IIoT (Industrial Internet of Things) AI platform to our clients and partners in the region.”
The company’s expansion to Dubai comes shortly after the organisation announced its official Series B financing of $56.5mn. Boeing HorizonX new venture vehicle has joined Verizon Ventures, Invenergy, CME Ventures, Brevan Howard and Alameda Ventures, among others, in investing in the firm.
Boeing and SparkCognition have gone on to establish a significant technology partnership solidified by a master agreement between the two organisations. Boeing’s strong, established presence in the Middle East and Africa will extend their partnership globally.
“As part of their international expansion, we are honoured to have SparkCognition launch their regional headquarters in Dubai,” said Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence. “This expansion cements UAE’s and in specific Dubai’s vision in becoming a leading hub for cutting-edge technology in the field of artificial intelligence. Moreover, the launch compliments the UAE’s Strategy for Artificial Intelligence which aims to build global relationships and attract best talents to design a better future for the UAE.”
“SparkCognition is deploying leading AI technology solutions that are critical to many industries on a global scale. Boeing is excited to see them quickly expand into the Middle East with their first office in Dubai,” said Bernard Dunn, president of Boeing Middle East, North Africa and Turkey.
“The UAE has clear goals to be an innovation and technology leader, investing in AI, 3D printing, robotics, and autonomous systems. SparkCognition’s cutting-edge artificial intelligence technology and business-critical solutions will prove invaluable to the forward looking leaders of the UAE and many others in the region.”
SparkCognition’s AI solutions help customers navigate increasingly complex data stores to expose hidden risks, reveal actionable insights, and achieve their greatest potential. SparkCognition’s technology is deployed across a variety of industries, including energy, oil and gas, manufacturing, finance, aerospace, telecommunications, defence, and security.