NEWS
Iveda Signs Strategic Partnership with Arab Organization of Industrialization and ZeroTech
Iveda (NASDAQ: IVDA) has formed a strategic partnership with the Arab Organization for Industrialization (AOI) and ZeroTech to enhance AI-powered security solutions in Egypt. This collaboration leverages IvedaAI’s intelligent video search technology to upgrade ZeroTech’s security offerings, positioning the company strongly in the Egyptian market. The AI market in Egypt is projected to reach $877M by 2024, driven by the government's plan to introduce 38 new smart cities by 2050. The partnership aims to integrate AI into video surveillance, fire and intrusion detection, fingerprint and access control, and home automation systems, creating smarter security solutions. This alliance is expected to benefit communities with immediate safety improvements and represents a significant step in Iveda’s regional expansion, which began with a partnership with AOI in August 2023.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Spread kindness and love. Life is short. Don’t let greed eat you.
1259Followers
76Following
8849Visitors
Follow