ROSHN Group launches ROSHNEXT
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ROSHNEXT will drive change with new technologies and experiences in diverse sectors by fostering collaboration and developing new ventures
ROSHN Group has launched ROSHNEXT, its new innovation arm. ROSHNEXT aims to develop human-centric experiences that drive growth, enhances collaboration, and set new standards within the real estate sector. The program will foster innovation through partnerships, adopt technologies, and transform new ideas into impactful, real world solutions. ROSHNEXT aligns with the Group's vision of meaningful innovation and transformation within the real estate industry, the company explained.
The launch of ROSHNEXT underscores ROSHN Group's commitment to innovation as a fundamental strategic objective. The Group has recently implemented several initiatives, including the interactive ROSHN Group's Mobility Experience, two editions of ROSHN Hackathon, and the development of a comprehensive digital platform that manages all real estate transactions, currently supporting nearly half of the Group's total sales volume, the firm said.
The Group has also launched two editions of its internal ROSHN Visionaries initiative, which aimed to foster innovation among employees. These initiatives generated over 125 innovative ideas and provided hundreds of hours of training. Now, the ROSHN Group is gearing up to launch a third edition of the initiative, which will involve both its employees and a carefully selected group of external partners.
ROSHNEXT will accelerate the Group's partnerships with leading innovation hubs at the local, regional, and international levels. It will also support the expansion of investments in emerging ventures focused on digital transformation, further solidifying ROSHN Group's position as a hub for future-focused ideas and initiatives. ROSHNEXT will leverage the Group's multi-asset strategy for new ideas and solutions across various sectors.
Through ROSHNEXT, the Group aims to drive greater efficiency and create added value by focusing on multiple facets of innovation to generate a broader impact. This includes exploring opportunities beyond traditional real estate to diversify revenue streams and build new ecosystems. At this innovation process lies the people, whose well being and improved quality of life are enhanced through the use of smart technologies and contemporary design principles, it added.
ROSHNEXT is at the centre of real estate innovation, aimed at inspiring transformative ventures and new initiatives that will shape the future, diversify the national economy, and contribute to enhanced quality of life in alignment with Saudi Vision 2030 objectives, the firm concluded.
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