Abu Dhabi’s Upwards Solutions Technology and Mindwise Information Technology have recently signed a Memorandum of Understanding (MoU) to build successful long-term relationships that will benefit both the parties and their customers.
Upwards Solutions Technology has local subsidiaries supporting and maintaining key enforcement agencies in the UAE. Its expertise in IT consultancy, infrastructure development and maintenance, IT security equipment, surveillance, and computer training has helped the company establish a strong foothold in the market.
Mindwise Information Technology is engaged in the business of software development and consulting in AI/ML. Its core competencies include the development of AI/ML solutions, technical specifications and functional descriptions, and consulting in digital strategy development.
The MoU will enable the two companies to collaborate on joint R&D to develop AI models for different business use cases. Additionally, the companies will focus on R&D to develop AI models for the tax industry, targeting required countries.
The MoU was signed by Dr. Ali Naser Yabhouni Dhaheri, Proprietor, Upwards and Mikayel Pashayan, Proprietor, Mindwise, in the presence of Upwards CEO Abdullah Lei Shen; Tahaluf Al Emarat CEO Yahia Alhami, Dr. Ramzi Halasa, and other senior executives.
The collaboration between Upwards and MINDWISE will help the companies unlock new sources of revenue and reduce operational costs through the best utilization of technology. The partnership aims to leverage the strengths of both companies to develop innovative AI solutions that will help drive growth and improve operational efficiency, a press communique concluded. .