Thursday, November 7, 2024 05:32 AM
ARRAY Innovation celebrates three major partnerships in Bahrain, enhancing digital transformation and job creation in the Kingdom.
In a significant development for Bahrain's digital landscape, ARRAY Innovation, a prominent player in AI and cloud solutions, has made headlines by securing three major partnership deals at the Gateway Gulf 2024 event. This event, organized by the Bahrain Economic Development Board, served as a platform for ARRAY to showcase its commitment to driving digital transformation within the Kingdom.
ARRAY Innovation has signed strategic agreements with three key Bahraini organizations: Aluminium Bahrain B.S.C. (Alba), the National Bank of Bahrain (NBB), and the Labour Fund (Tamkeen). These partnerships are not just business deals; they represent a shared vision for enhancing Bahrain's technological capabilities and fostering sustainable growth.
Mr. Khalid Taqi, the Chairman of ARRAY, expressed the importance of these collaborations, stating, "Our collaborations with Alba, NBB, and Tamkeen underscore ARRAY's dedication to Bahrain's digital transformation journey. We are committed to delivering technology solutions that support local enterprises in sustainable growth and operational excellence." This statement highlights ARRAY's focus on not only advancing technology but also ensuring that local businesses thrive in a competitive environment.
Alaa Saeed, the Founder and CEO of ARRAY, further emphasized the company's mission, saying, "ARRAY's mission is to develop advanced enterprise software and AI solutions that create high-value jobs for Bahrainis. Our latest agreements with leading Bahraini organizations reflect our vision to positively impact the Bahraini enterprises and communities." This commitment to job creation and community development is crucial for Bahrain's economic future.
The partnership with Alba is particularly noteworthy, as it aims to leverage AI, data analytics, and automation solutions to enhance operational efficiency and reduce costs. Mr. Khalid Al Rumaihi, Alba's Chairman of the Board, remarked, "Our strategic collaboration with ARRAY marks a significant step towards positioning Alba as a technology-driven industry leader. This partnership will not only advance our Industry 4.0 journey, driving operational excellence, but also aligns with Bahrain Economic Vision 2030 by investing in local talent." This alignment with national goals underscores the importance of these partnerships in shaping Bahrain's economic landscape.
Similarly, the collaboration with the National Bank of Bahrain (NBB) focuses on enhancing the bank's technology infrastructure through advanced Natural Language Processing (NLP) and Generative AI. NBB Group CEO Mr. Usman Ahmed stated, "By integrating the latest in artificial intelligence, we are positioned to drive our digital transformation forward, delivering solutions that enrich our customers' banking experience. Our partnership with ARRAY Innovation underscores our focus on modern technology to reinforce Bahrain's leadership in financial ingenuity." This initiative is expected to significantly improve customer experiences and operational efficiency in the banking sector.
In its agreement with Tamkeen, ARRAY will develop an AI-powered job-matching solution aimed at boosting Bahrain's economic growth through strategic alignment with the private sector. Her Excellency Ms. Maha Abdulhameed Mofeez, Chief Executive of Tamkeen, highlighted the potential impact of this partnership, stating, "By enhancing both internal and external operations through this partnership, we aim to maximize the impact of our initiatives and increase opportunities for Bahraini talent within the private sector." This focus on talent development is essential for ensuring that Bahrain's workforce is equipped to meet the demands of a rapidly changing job market.
ARRAY Innovation's recent partnerships mark a pivotal moment in Bahrain's journey towards digital transformation. By collaborating with key local organizations, ARRAY is not only enhancing its technological capabilities but also contributing to the broader economic goals of the Kingdom. As Bahrain continues to embrace innovation, these partnerships will play a crucial role in shaping a prosperous future for its enterprises and communities.