Latest news with #ThomasPramotedham
Zawya
23-05-2025
- Business
- Zawya
Presight empowers the UAE's AI-Native Government Vision as Digital Transformation Partner of the Digital Readiness Retreat 2025
Abu Dhabi, UAE – Presight, a UAE leading global big data analytics company powered by AI, marked a successful engagement as the official Digital Transformation Partner at the Digital Readiness Retreat 2025, held on Thursday 22 May, at the Grand Hyatt Dubai. Organized by the UAE Higher Committee for Government Digital Transformation – under the leadership of H.E Ohood Al Roumi, Minister of State for Government Development and the Future – the flagship forum brought together more than 1,000 public sector officials from more than 50 government entities to accelerate the UAE's transformation into the world's first AI-native government. Presight reaffirmed its position as the national enabler of sovereign AI by showcasing its strategic contributions across sectors including government, energy, finance, public safety, and mobility. As a home-grown champion of AI and digital transformation, Presight plays a pivotal role in deploying advanced AI technologies that drive operational efficiency, improve citizen experiences, and enable data-driven policymaking. Thomas Pramotedham, CEO of Presight, shared: 'Our role as the official Digital Transformation Partner at the Digital Readiness Retreat 2025 is not just a title – it reflects our unwavering commitment to the UAE's visionary ambition of building the world's first AI-native government. We're honored to be at the forefront of this national journey, driving forward sovereign AI solutions that enhance operational efficiency, elevate citizen services, and future-proof public institutions. 'At Presight, we believe that Applied Intelligence is the key to unlocking transformative change. It's about harnessing the power of AI and data not just to inform decisions, but to embed intelligence into every layer of government operations, making them adaptive, responsive, and resilient. The milestones we have achieved to date – from saving millions of labor hours to enabling 100% automation across critical workflows, are just the beginning. 'As we look ahead, we remain committed to establishing deep collaboration with Ministries and government stakeholders, ensuring that the UAE continues to lead globally in the responsible, sovereign application of AI for the public good.' At the event, Thomas Pramotedham delivered a keynote address titled 'Applied Intelligence – A Pathway to Building AI-Native Government Services,' in which he emphasized that the future of AI is not about how much of the technology is adopted, but about how much intelligence is applied and institutionalized across government. He called on government leaders to adopt a mindset shift – from viewing AI as a tool, to embedding intelligence as a foundational design principle for public services. Martin Yates, Government Technology Advisor of Presight, also hosted a workshop on 'Navigating Digital Transformation Change for All of Government,' addressing the roadmap to seamless integration of AI across Ministries. The Digital Readiness Retreat reaffirmed Presight's critical role in supporting the nation's digital transformation agenda. As an advocate for transforming public services through sovereign AI infrastructure, Presight is proud to serve UAE government entities with access to cutting-edge and world-leading advanced technology – made in the UAE. About Presight Presight is an ADX-listed public company with Abu Dhabi based G42 as its majority shareholder and is the UAE's leading global big data analytics company powered by AI. It combines big data, analytics, and AI expertise to serve every sector, of every scale, to create business and positive societal impact. Presight excels at all-source data interpretation to support insight-driven decision-making that shapes policy and creates safer, healthier, happier, and more sustainable societies. Today, through its range of AI-driven products and solutions, Presight is bringing Applied Intelligence to the private and public sector, enabling them to realize their AI strategy and ambitions faster.
Hi Dubai
22-05-2025
- Business
- Hi Dubai
UAE Media Council Launches AI Platform to Regulate Content Before Publication
The UAE Media Council has signed a major agreement with Presight to launch an AI-powered platform that will regulate and evaluate media content prior to publication, marking a first-of-its-kind initiative in the region. Announced during the 'Make it in the Emirates' event, the Unified Media AI and Analytics Platform is designed to support the Council's regulatory mandate by providing a centralised, intelligent environment for inspecting books, films, artworks, and other content before release. The move aims to ensure alignment with UAE laws, values, and cultural standards while streamlining approval processes. By consolidating data from various agencies and licensing bodies, the platform enables real-time analysis, validation, and collaboration across the media ecosystem. It replaces previously manual tasks with advanced digital tools, promising faster, more consistent, and ethically sound regulatory decisions. Mohammed Saeed Al Shehhi, Secretary-General of the UAE Media Council, called the platform a 'transformative milestone' that reflects the country's commitment to proactive, AI-driven governance. He said the platform would enhance transparency, improve audience insight, and help future-proof media regulation. Thomas Pramotedham, CEO of Presight, noted that the initiative underscores the power of cross-sector collaboration in advancing ethical digital transformation. 'This is more than innovation; it's about safeguarding national values while enabling intelligent regulatory action,' he said. With its AI-driven capabilities and stakeholder integration, the platform is expected to reinforce the UAE's global leadership in digital media governance, offering a resilient and forward-looking solution for content oversight. News Source: Emirates News Agency
Zawya
13-05-2025
- Business
- Zawya
Presight launches groundbreaking AI-policing suite at World Police Summit 2025
Next-generation modular solution leverages Generative AI, AI agents and computer vision to modernize policing and enhance public safety Dubai, UAE – Presight, a leading global big data analytics company powered by AI, has announced its participation at the World Police Summit 2025, hosted at the Dubai World Trade Centre. As part of the event, Presight officially launched the Presight AI-Policing Suite - a home-grown, modular solution designed to transform public safety and law enforcement operations using the power of Generative AI and advanced analytics. With rising digital crime, urban congestion, and demand for accountability, law enforcement agencies around the world face mounting complexity. The Presight AI-Policing Suite is engineered to meet these challenges head-on. By integrating automated investigation processes, evidence analysis, advanced search functions, intelligent profiling, geospatial and relationship analysis, and proactive identification of criminal suspects, it empowers officers to make faster, more accurate decisions at every stage of an investigation. Thomas Pramotedham, CEO of Presight, said: 'At Presight, we believe applied intelligence is the key to creating safer communities. The Presight AI-Policing Suite empowers law enforcement agencies with the insights and tools needed to act faster, more precisely, and more proactively across every aspect of policing - from crime prevention to investigation and response. With modularity, scalability, and built-in multilingual support, this is a future-ready solution purpose-built for the demands of modern policing.' Leveraging state-of-the-art technology, the solution delivers real-time detection, monitoring, and incident management capabilities tailored for traffic control and public safety. It turns multi-source IoT and real time data streams into actionable insights by automatically detecting, classifying, and analyzing events at scale, utilizing behavioral pattern analysis and sophisticated algorithms to ensure unmatched accuracy and reliability. The suite integrates 5 modules into a unified, intelligent ecosystem: Law Enforcement Platform - a unified, AI-powered crime investigation platform Detective Assistant - a transformative technology designed to function as an intelligent digital detective Digital Forensic Platform - accelerates digital forensic investigation process Traffic Control - enables real-time violation & incident detection IoT Intelligence - provides real-time monitoring, anomaly detection, and situational awareness across urban and public place environments Complementing Presight's AI-Policing Suite, Presight will also feature the Presight LifeSaver Emergency Response Platform, which enhances preparedness and inter-agency coordination during crises. Visitors to the World Police Summit can experience the AI-Policing Suite firsthand at Presight's interactive exhibit, where company executives will also participate in live demos, media interviews, and expert panels on the future of AI in law enforcement. About Presight Presight is an ADX-listed public company with Abu Dhabi based G42 as its majority shareholder and is a leading global big data analytics company powered by AI. It combines big data, analytics, and AI expertise to serve every sector, of every scale, to create business and positive societal impact. Presight excels at all-source data interpretation to support insight-driven decision-making that shapes policy and creates safer, healthier, happier, and more sustainable societies. Today, through its range of AI-driven products and solutions, Presight is bringing Applied Intelligence to the private and public sector, enabling them to realize their AI strategy and ambitions faster. For further information, please contact Presight@ or media@
Zawya
09-05-2025
- Business
- Zawya
Presight to spotlight AI-driven fintech innovation at Dubai FinTech Summit 2025
Dubai, UAE: Presight, a leading global big data analytics company powered by AI, is proud to announce its participation as the 'AI Industry Leader' sponsor at the highly anticipated Dubai FinTech Summit 2025, taking place from 12–13 May at Madinat Jumeirah. The event, which showcases transformative fintech applications and innovations, will see Presight championing its unique philosophy of 'Applied Intelligence Today', demonstrating how AI is shaping the future of finance in the UAE and beyond. The UAE's AI finance market is undergoing rapid expansion, projected to grow from $625 million in 2023 to $4.7 billion by 2032, reflecting a compound annual growth rate of 25.1%. This growth underscores the rising importance of AI in transforming how financial institutions manage risk, deliver services, and remain competitive on a global scale. Presight's presence at the summit will spotlight its role in enabling this transformation. With a focus on Applied Intelligence, the company empowers regulators and financial institutions with secure, scalable AI solutions that drive resilience, compliance, and operational efficiency. Thomas Pramotedham, CEO of Presight, commented: 'Presight's presence at Dubai FinTech Summit 2025 reinforces our role as a catalyst for digital transformation in finance. AI is not just a tool — it's becoming the foundation upon which modern financial ecosystems are built. At Presight, we're delivering AI that is actionable, trusted, and ethical. Our fintech solutions help institutions stay ahead of fraud, meet stringent regulatory requirements, and automate complex operations — all while delivering superior customer experiences. This summit provides a powerful platform to demonstrate how Presight is accelerating the UAE's fintech ambitions and supporting its emergence as a global leader in intelligent financial services.' Presight offers a suite of specialized solutions designed for the evolving needs of financial services, including: AI-Powered Risk & Compliance Tools – For detecting financial fraud, anomalies, and regulatory risks in real time. Digital Audit & Governance Solutions – Enabling faster, more transparent governance with AI-accelerated audits. Financial Forensics & Analysis – Providing investigative depth into suspicious activity across complex datasets. Anti-Money Laundering (AML) Solutions – Combatting financial crimes by leveraging deep-link analysis, advanced risk-scoring, and multi-platform data integration to ensure end-to-end threat detection, compliance, and security. Hyper-Personalised Client Intelligence – Leveraging behavioural data, market signals, and transaction history to deliver real-time personalisation and next-best-product recommendations for relationship managers and digital channels. AI-Augmented Onboarding & Credit Decisioning – Automating KYC, document analysis, and credit assessment using domain-specific models to improve speed, accuracy, and user experience across retail and institutional segments. Additionally, Presight's leadership will be featured in key speaking slots throughout the event: 12 May 2025, Plenary Stage 2 – Fireside Chat 13:00 PM – 13:20 PM Speaker: Xiaoyin Yang, Chief Solutions Officer, Presight Topic: 'Presight & the Future of AI: Transforming Finance and Beyond Through Human-Centric Innovation' 12 May 2025, Innovation Stage 1 – Keynote Address Time: 2:20 PM – 2:40 PM Speaker: Andrew Reakes, Director – Financial Services, Presight Topic: 'Revolutionizing Financial Services: Unlocking the Power of AI and GenAI' 13 May 2025, Innovation Stage 2 – Panel Discussion Time: 10:30 AM – 11:10 AM Speaker: Andrew Reakes, Director – Financial Services, Presight Topic: 'Harnessing Digital Transformation to Boost Business Agility and Growth' Presight invites financial leaders, regulators, and fintech innovators to engage with its team during the summit and explore how AI can fast-track their digital agendas. About Presight Presight is an ADX-listed public company with Abu Dhabi based G42 as its majority shareholder and is a leading global big data analytics company powered by AI. It combines big data, analytics, and AI expertise to serve every sector, of every scale, to create business and positive societal impact. Presight excels at all-source data interpretation to support insight-driven decision-making that shapes policy and creates safer, healthier, happier, and more sustainable societies. Today, through its range of GenAI-driven products and solutions, Presight is bringing Applied AI to the private and public sector, enabling them to realize their AI strategy and ambitions faster.
Zawya
07-05-2025
- Business
- Zawya
UAE: Presight delivers record Q1 2025 results, accelerating global AI leadership
Presight AI Holding Plc today announced record financial results for the three months ending 31st March 2025. The results mark Presight's strongest quarter to date and signal the company's accelerating transition into a global powerhouse for AI-driven digital transformation, backed by robust financial growth, international momentum, and groundbreaking platform innovation. In Q1 2025, Presight achieved revenue of AED563.9 million, marking a 115.1% increase year-on-year, while international revenue surged five-fold to AED 127.0 million, reflecting the Company's accelerating global expansion. EBITDA also grew sharply, increasing 71.9% year-on-year to reach AED 141.0 million. During the quarter, Presight secured AED1.44 billion in new orders, contributing to an expanded backlog of AED3.87 billion, up 29% from December 2024. Profit after tax rose by 33.6% year-on-year on a like-for-like 9% tax basis, or by 25.1% including the UAE's Pillar 2 guidance for Global minimum tax totalling to a 15% corporate tax rate. Notably, 98.8% of total revenue was derived from multi-year contracts, underscoring the Company's long-term customer engagement model and revenue visibility. Presight generated positive operating cash flow of AED60.4 million and maintained a robust cash and equivalents position of AED1.97 billion, remaining entirely debt-free. Thomas Pramotedham, CEO of Presight, stated, 'The strong momentum witnessed during the last quarter of 2024 has accelerated during the first quarter of 2025. We continued to strengthen our role as a strategic partner to governments and large enterprises across high-growth markets – supporting digital transformation, optimising public services, and driving national resilience through the application of AI. In the past quarter, we saw our presence in Kazakhstan scale rapidly, while our letter of engagement in Albania serves as a foothold for further growth and expansion across Europe. 'With our continued growth, launch of new AI products, record backlog, and increasing international footprint, our financial results today reinforce Presight's position as a world-leader in AI and digital transformation solutions.'
