UAE leads Middle East in adopting smart technologies and innovation
- 24 Dec 2023
Inayat-ur-Rahman, Business Editor
The UAE has taken a leadership role in the Middle East region with the government sector leading the charge in technology adoption. Dubai has largely been responsible for changing the mindset when it comes to adopting new technologies.
In a groundbreaking development, Zepth, an innovative global tech startup and leader in construction management SaaS software, has announced the integration of Artificial Intelligence (AI) into its platform, marking a transformative leap in the industry. The integration will see Zepth deploy 40 AI agents to reach an artificial general intelligence (AGI) status where its machine will have human-level intelligence — a first-of-its-kind endeavour in the Middle East and worldwide.
Under the leadership of Founder Prasoon Shrivastava, Zepth is redefining the construction landscape. “Zepth stands at the forefront of the AI revolution, redefining the common-data environment with AGI-driven human-level intelligence. Our platform epitomizes intelligence, simplicity, and efficiency, designed for the modern world. Zepth’s AI-driven solutions are delivering extraordinary efficiency and precision to clients globally.
The traditional Big Tech solutions, while once groundbreaking, now lag in a rapidly changing world. They are complex relics of a bygone era — no longer the best fit for today’s dynamic industry needs,” said Shrivastava.
The pioneering product, the AI Risk Manager, will harness the power of AGI, with 40 AI agents proactively identifying potential risks, collaborating with each other, carrying out likelihood and impact assessments, and assisting in mitigation plans for the identified risks, to enable project managers to make data-driven decisions. This revolutionary tool is a testament to Zepth’s commitment to innovation and excellence, ensuring project success even in the most challenging environments. AGI comprises intelligent agents with human-like capabilities to carry out a range of tasks, including in construction.
Zepth is ambitiously expanding its AI ecosystem to include hundreds of specialized agents, each designed to adapt to the complex, ever-changing demands of construction management.
The first-of-its-kind endeavour not only reaffirms Zepth’s leadership in the software domain but also spotlights the ingenuity and influence of technological advances globally. The UAE, with its multiple government-led initiatives in smart buildings and cities, presents a strong appetite for AI-driven construction management solutions like Zepth.
Reaffirming the company’s mission of empowering the developer community, Founder Prasoon Shrivastava said the journey that Zepth is charting is clear: In the world of construction, Zepth stands as the embodiment of advanced intelligence, driving an industry towards unparalleled efficiency. “The UAE’s demonstrated track record of futuristic and innovative developments has inspired us to embrace AI as much as it has incentivized us to be a part of the region’s next growth phase.”
The real estate and properties transactions valued at Dhs16.6 billion in total during the week ending 22 December 2023. The sum of transactions was 3,785.
216 plots were sold for Dhs 4.91 billion, 2,729 apartments and villas were sold for AED 7.49 billion. The top three transactions were a land in Al Yelayiss 5 sold for Dhs 2.43 billion, followed by a land that was sold for Dhs 64.09 million in Al Hebiah Fourth, and a land sold for AED 57.67 million in Al Goze Second in third place.
