Presight AI Holding PLC

The Board of Directors of Presight AI Holding PLC held a meeting on Wednesday, 13 November 2024, at 3:00 PM UAE time. During the meeting, the Board discussed general matters related to the company's business activities. The notice was sent by Thana Pramotedham, the Chief Executive Officer, and a copy was forwarded to the Securities and Commodities Authority.

The document is a review report and condensed consolidated interim financial information for PRESIGHT AI HOLDING PLC, covering the nine-month period ending on September 30, 2024.

On November 11, 2024, the Board of Directors of Presight AI Holding PLC passed written resolutions. They approved the company's financial statements for the nine-month period ending September 30, 2024, and decided to change the company's registered office address to Floor 17, Al Maqam Tower, Abu Dhabi Global Market, Abu Dhabi, United Arab Emirates. The notification was issued by Thana Pramotedham, the CEO, and a copy was sent to the Securities and Commodities Authority.

The document is the Management Discussion & Analysis Report for Presight AI Holding PLC, covering the results for the first nine months of 2024. The report was released on November 11, 2024.

The Board of Directors of Presight AI Holding PLC will hold a meeting on Wednesday, 13 November 2024, at 3:00 PM UAE time. The meeting will focus on discussing general matters related to the company's business activities. The notice is issued by Thana Pramotedham, the Chief Executive Officer, and a copy is sent to the Securities and Commodities Authority.

Presight, a leading big data analytics company in the UAE and majority shareholder of AIQ, has welcomed the announcement of the ENERGYai solution for the energy sector at ADIPEC 2024. Developed by ADNOC and AIQ in collaboration with G42 and Microsoft, ENERGYai aims to transform the global energy value chain. Presight plans to scale this solution across ADNOC’s full value chain, highlighting the collaboration between these companies. The announcement comes just before Presight's Q3 2024 results.

Presight, a leading big data analytics company in the region, has launched the Presight Datahub, a secure and collaborative data marketplace platform, at GITEX Global 2024. This platform is the first of its kind in the UAE and enables organizations in both the public and private sectors to create data products, derive value, and exchange data seamlessly. The cloud-native platform will be deployed on Microsoft Azure in the UAE, ensuring data sovereignty and security, while offering flexibility and customization to meet diverse organizational needs.

Masdar, a leader in clean energy from the UAE, has partnered with Presight, a regional leader in big data analytics using generative AI, to create an asset management tool for renewable energy projects globally. This tool aims to analyze the massive data generated daily by equipment such as solar panels and wind turbines. The goal is to transition from a reactive to a predictive operational model, allowing for data-driven decision-making, anticipating issues, improving efficiency, addressing potential failures proactively, reducing downtime, and ultimately increasing energy production.

Presight, a leading big data analytics company in the region, has launched the Presight Report Optimizer at GITEX GLOBAL 2024. This tool is designed for users who do not have programming knowledge, enabling them to gather insights from multiple sources without coding. The platform utilizes generative AI and large language models (LLMs) to collect and analyze data from various public and private sources, including web data, social media, and enterprise data like document libraries and databases. It automates the creation of detailed reports, including traditional data analytics, timelines, trend analysis, sentiment analysis, risk assessment, predictions, and recommendations. The tool features a user-friendly interface with drag-and-drop functionality and natural language processing capabilities, allowing users to refine reports using simple English instructions.

Presight, a leading big data analytics company utilizing generative AI, and ISS, an American leader in video intelligence, have announced an expanded international partnership. This new commercial framework agreement builds on their initial collaboration established in October 2023 during the GITEX trade show in Dubai. Under the agreement, ISS will deploy Presight’s AI-driven data analytics solutions across its North and South American portfolio, including smart city projects and intelligent transportation solutions. ISS collaborates with major U.S. government transportation authorities such as CalTrans and the New York MTA. Additionally, ISS plans to introduce integrated solutions using Presight AI technologies to increase its market share in the Western Hemisphere. Meanwhile, Presight will implement ISS’s SecurOS video and sensor platform in its national and international projects in the UAE.