{"id":21732,"date":"2023-09-09T10:46:30","date_gmt":"2023-09-09T17:46:30","guid":{"rendered":"https:\/\/essential.construction\/news\/iveda-arab-organization-for-industrialization-partner-to-support-smart-city-developments-in-egypt\/"},"modified":"2023-09-09T10:46:31","modified_gmt":"2023-09-09T17:46:31","slug":"iveda-arab-organization-for-industrialization-partner-to-support-smart-city-developments-in-egypt","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/iveda-arab-organization-for-industrialization-partner-to-support-smart-city-developments-in-egypt\/","title":{"rendered":"Iveda, Arab Organization for Industrialization partner to support smart city developments in Egypt"},"content":{"rendered":"

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Iveda, the global solution for cloud-based AI video and sensor technologies, announces a new partnership with The Arab Organization for Industrialization (AOI) to support and scale smart city developments in Egypt. Granted with a security certification from the Egyptian Military Intelligence, Iveda has clearance to participate in any projects within the country. Through this collaboration, Iveda and AOI will effectively bring new innovative technologies to the Europe, Middle East, and Africa regions (EMEA), satisfying local government and industrial contract needs. Iveda\u2019s global IoT and AI technology and application expertise, coupled with AOI\u2019s large regional demand for innovation, will be applied directly to project opportunities in Egypt and throughout the greater EMEA regions.<\/p>\n

According to a Deloitte whitepaper about 5G in smart cities, urbanization is gaining speed around the world with many countries turning to smart city technologies to cope with the challenges in population and resources, and as a new concept in city development for practical futures. Last year, the Egyptian government announced their plans to introduce 38 new smart cities across the country as part of the Sisi administration\u2019s long-term infrastructure development strategy. Together Iveda and AOI will play a critical role in the development of 13 smart cities in the region, as well as equipping Egypt\u2019s new administrative capital with smart city technology.<\/p>\n

Major technological advancements and the rise of 5G networks have led to a new kind of smart city: the 5th Generation Smart City. An emerging global wireless standard, 5G enables an enhanced network that is designed to connect virtually everyone and everything together\u2013\u2013including machines, objects, and devices\u2013\u2013at a rapidly increased speed. Specifically, 5G can help boost cities\u2019 transformations by providing enhanced services and infrastructure for citizens, improving operations and security, and helping to close the digital divide.<\/p>\n

\u201c5G is the key to the future of smart cities,\u201d said David Ly, Iveda CEO and founder. \u201cAt Iveda, we know the best way to support the multitude of devices and sensors needed to achieve true smart city status is through 5G networks. Through our partnership with AOI, we\u2019re able to provide AI-backed technology that has the power to improve services and the overall quality of life for Egypt\u2019s residents. We look forward to the potential to scale with AOI across the EMEA region, making 5G smart city technology available and accessible to residents throughout these countries.\u201d<\/p>\n

The partnership will help to localize Iveda\u2019s technology for more efficient production and delivery throughout the region, leveraging AOI\u2019s expertise in electronic manufacturing, assembly, logistics, shipping, and regional reach. Together, Iveda and AOI will collaborate on the promotion and development of Egypt\u2019s 5G smart cities\u2019 digital transformation, safety and security, infrastructure, smart manufacturing, concessions, technology transfer, smart mobility and transportation, and other 5th generation smart city sectors.<\/p>\n

\u201cThroughout the EMEA region, we\u2019re seeing a rapidly increasing demand for innovation that may be applied directly to the development of smart cities and other government initiatives,\u201d said Major General Ahmed Abdel Aziz, Chairman of the Board of Directors of the Electronics Factory, on behalf of Major General Mukhtar Abdel Latif, Chairman of AOI. \u201cWhile AOI has the regional reach and expertise, we require a trusted partner to provide the technological prowess and are honored to have Iveda take on that role. The company\u2019s expertise in digital transformation and city infrastructure aligns perfectly with our goals and plans to scale 5th generation smart cities in Egypt and beyond.\u201d<\/p>\n

This partnership with AOI rides on the heels of Iveda\u2019s latest partner announcements including collaborations with Valor Healthcare, Movement Interactive, Evergreen Aviation, and NetGain Systems as Iveda continues to scale both domestically and globally, making advanced AI and IoT technology more accessible to local governments and affiliate organizations everywhere.<\/p>\n

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