Masdar is set to enhance its operational efficiency by transitioning from a reactive to a predictive model through a new AI tool, aimed at preventing failures and boosting energy production.

The renewable projects at Masdar generate billions of data points daily from equipment like solar panels and wind turbines, which can be leveraged for valuable insights and informed decision-making.

CEO Mohamed Jameel Al Ramahi emphasized the economic potential of integrating AI with energy solutions to foster a sustainable future.

The accelerator aims to provide technological resources, mentorship, and networking opportunities to selected AI start-ups from the MENA region, South-East Asia, and Central Asia.

The integration of AI technology in the energy sector is projected to contribute an estimated $7 trillion to global GDP over the next decade by improving energy efficiency and reducing emissions.

In a significant move, Presight, a leading big data analytics company in the UAE, has launched the Presight AI-Startup Accelerator to support emerging AI companies.

This collaboration is expected to revolutionize the renewable energy sector by uncovering insights and predicting maintenance needs, ultimately enhancing operational efficiency.

Since its inception in 2006, Masdar has been dedicated to sustainability and climate action, engaging in projects across more than 40 countries.

ISS Chairman Richard Burns praised Presight's data analytics software for its groundbreaking capabilities and its growing appeal to American clients.

The collaboration between Presight and ISS will implement AI-driven data analytics solutions across ISS's portfolio in North and South America, enhancing smart city and transportation projects.

Thomas Pramotedham, CEO of Presight, highlighted the commitment to using AI for social good and announced the launch of the Presight Intelli Platform, which focuses on applied intelligence.

The partnership emphasizes sustainable city management through AI innovations, focusing on energy efficiency, waste management, and water management.