Abu Dhabi based-technology company, NEXT50 has launched PLATFORM50, a one-stop-shop solution for organizations to maximize business value and address various challenges in businesses.
The announcement was made at NEXT50’s inaugural Executive Day. The launch aligns with the UAE National Innovation Strategy and the UAE’s Fourth Industrial Revolution Strategy which aims to contribute to the national economy by advancing innovation and future technologies.
PLATFORM50 is designed to support organizations as they accelerate the adoption of AI, advanced analytics-based solutions, and automation to meet their growth and sustainability goals.
The company said that the PLATFORM50 offers access to real-time advanced analytics and unlocking cost efficiencies by using data insights to deliver effective digital transformation and through the capabilities of its data scientists and subject matter experts can reorganize data in order to leverage it for business outcomes.
Ibrahim Al Mannaee CEO – NEXT50
“AI, machine learning, and data, underpinned by deep industrial expertise, have the potential to transform the way businesses operate. AI will have a profound impact on the growth of the non-oil sectors in the UAE, seeing up 34 percent annual growth in the contribution to AI to its economy and industry sectors. To accelerate this transformation, a future-proof, cloud-agnostic platform that offers full lifecycle management is imperative to leverage this $96 billion opportunity in the UAE. As pioneers of Industrial AI at the forefront of Abu Dhabi’s technology vision, we are proud to launch PLATFORM50, an end-to-end solution to address the most pressing challenges businesses face on their AI and data journey.”
Mr. Ussama Dahabiyeh, CEO of Injazat, said that, “AI-powered processes and data-driven insights are revolutionizing conventional value chains and designing new business models in Industry 4.0. The disruptive potential of these technologies necessitates the development of digital-first solutions like PLATFORM50 – which brings together NEXT50’s industrial experience and the possibilities of data-driven AI methods to revolutionize the highly dynamic platform economy.”
“The launch of PLATFORM50 is incredibly timely and will support the industrial sector in enhancing operational capabilities by utilizing new technologies, accelerating processes, and becoming more adaptable to changes in the future allowing precise AI-based decision-making. At Microsoft, we are delighted to be supporting NEXT50 on this important journey leveraging Azure Data & AI Services & Microsoft Commercial Marketplace as an expansion engine for global reach & partnership within the ecosystem,” commented Mr. Naim Yazbeck, General Manager at Microsoft UAE.
