AI specialist SparkCognition opens UAE office
New Dubai office for artificial intelligence company SparkCognition
AI specialist SparkCognition officially launched its new Dubai office yesterday.
The company, which was founded in 2013, is one of the leaders in artificial intelligence, with hundreds of successfully proven deployments across various Fortune 50, 100, and 500 customers.
The company was named to the 2017 Red Herring Top 100 Global, 2017 CNBC Disruptor 50, and 2017 and 2018 CB Insights AI 100.
The launch event included dignitaries and industry leaders from the USA, UAE, and SparkCognition's partners in the region, such as Boeing Middle East.
"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 AI platform to our clients and partners in the region."
The company's expansion to Dubai comes shortly after the organization announced its official Series B financing of $56.5 million, which confirmed SparkCognition as having raised the most venture capital funding in Central Texas in 2017. With SparkCognition's 2017 funding, Boeing HorizonX venture arm joined Verizon Ventures, Invenergy, CME Ventures, Brevan Howard, and Alameda Ventures, among other investors. 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 honored to have SparkCognition launch their regional headquarters in Dubai," said His Excellency 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."