ROSHN Group, the PIF-owned giga-project and Saudi Arabia’s most trusted real estate developer, has signed a collaboration framework with Cisco that seeks further innovation in areas such as designing and building future-proof, sustainable smart buildings.
The MoU with Cisco focuses on the potential collaboration between both companies to explore the use of Internet-of-Things (IoT) technology in building future-proof, sustainable, and smart buildings. The initiative will see the company’s state-of-the-art technologies deployed to help empower ROSHN’s upcoming Innovation Hub.
“Technology underpins everything we do at ROSHN, and this agreement with Cisco will help us leverage exciting concepts such as IoT for new innovations in areas such as energy efficiency and smart building management. The goal is to use technology for the benefit of our residents and communities throughout the Kingdom,” said Jayesh Maganlal, Group Chief Information and Digital Officer, ROSHN Group.
Salman Faqeeh, Managing Director, Cisco Saudi Arabia said: “Our collaboration with ROSHN underscores Cisco’s dedication to leveraging cutting-edge technologies and sustainable practices for smart and connected communities in the Kingdom. The initiative aims to explore the use of state-of-the art technologies to digitally empower ROSHN and support the company to continue playing a major role in the growth of the kingdom’s real estate market”.