Saudi-based “iot squared” and “AHOY Technology” Join Forces to Reshape Global Logistics with Smart Solutions

Riyadh, May 25: (iot squared), a leading company in the Internet of Things (IoT) technologies and a subsidiary of the stc group, has signed a cooperation agreement with “AHOY” Technology, specializing in smart mobility infrastructure and logistics services. This collaboration supports the complete transformation towards IoT, contributing to an advanced technological revolution that aims to achieve the targets of Saudi Vision 2030.

Under this agreement, (iot squared), in partnership with “AHOY”, will provide the latest smart logistics solutions, including advanced technology infrastructure and various programs that contribute to developing application interfaces and software platforms. This collaboration also involves identifying the target audience and providing technical support.

The agreement enables “iot squared” to sell modern products and services like the COMET software platform (SaaS). COMET is designed to enhance all logistics platforms, streamline operations, and the FLY+ platform (PaaS) provides an intelligent travel experience through remote registration services, door-to-door services, and handling. Additionally, the agreement includes AHOY’s Movement Studio, a dynamic studio that provides innovative software development tools designed to enable affordable and quick development of futuristic solutions, systems, and applications that offer accurate orchestration of movement and routing for enterprises and complex commercial-grade applications.

Othman Aldahsh, CEO of “iot squared”, emphasized that global alliances are a key priority for them to leverage potentials and new opportunities through dedicated investments, acquisitions, and partnerships. They aim to build a thriving IoT ecosystem in the Kingdom in line with the Saudi Vision 2030, accelerating digital transformation. He added that the partnership with AHOY will help customers create greater value across our core sectors of focus, namely Smart Cities, Industry 4.0, and Smart Mobility and Logistics services. Industrial IoT solutions provide a platform that brings machines, cloud computing, analytics, and individuals together to improve performance and productivity levels in operations. It also enables companies to digitize their operations and develop new business models.

On the other hand, Jamil Shinawi, Co-Founder and CEO of “AHOY” Technology, stated that since its launch in 2018, its primary mission has been to bring positive changes to the smart transportation and logistic services sector. They achieve this by providing innovative foundational technology in IoT software and devices. Their extensive portfolio of products and services is designed to set a new standard in logistics technology and sector leadership by adopting new solutions. He added that their partnership with a leading company like “iot squared” will enable them to access the market faster and provide their technologies, resources, and expertise, empowering innovators and entrepreneurs in the region to unleash their innovative ideas.