- UAE’s capital Dubai, in recent times, has undergone a lot of changes and has emerged as one of the sci-fi or the global tech hub as well powering its way to fastest AI, robotics powered smart city.
- With UAE’s unique, innovative, flexible government schemes, public-private partnership funding and its digitalization powered programs for optimization of advanced technological forces like Artificial Intelligence (AI), Machine Learning (ML) and incorporating Advanced Robotic technology to the core, it wants to emerge as the strong technology-powered economy within 2030.
- Thus, many advanced and strong emerging markets like Singapore, are in the constant quest to mutually transform and indirectly benefit from partnering with the growth of Dubai as a smartest and tech-powered emerging markets in the world.
Singapore based Artificial Intelligence start-up Taiger and whose reputed clients include the Banking pioneer Santander, has recently announced that in order to expand its base in the most happening Middle Eastern Tertiary Dubai, it will open a new office with a whopping $25m Series B funding aid.
Taiger is one amongst few other AI-powered tech start-ups that’s one of the swiftest growing start-ups in Singapore and has an expansion follow up with its largest funding round with a Series B totaling a staggering $25 million.
As per the statement of Neil Briody, VP of sales in Dubai, “With their extensive research and analysis, they have all known the growing demand within the Middle East tertiary for a few time now and as well with newer resources, as they are elated to be in a strong position with a capable team ensuring, as always, the highest of qualities.”
The AI (Artificial Intelligence) powered solutions provided by Taiger’s applies advanced semantics as well human-reasoning, that’s also in turn powered with machine learning and natural language processing that in turn delivers 90 percent-plus within the three crucial enterprise work processes – information extraction, virtual assistance, and enterprise search.
This start-up Taiger, was incidentally responsible for supporting Banco Santander earn the EFMA Banking Innovation of the Month award in July, with leveraging the Taiger’s innovative, unique data mining capabilities, Banco Santander was the sole banking pioneer worldwide to have achieved a 100 percent digital SME customer on-boarding, improving their productivity and cutting overall net processing time from 7 days down to 15 minutes.
Sinuhe Arroyo, founder and CEO, stated that “The universality of Taiger’s technological advancement makes it stand out amongst its closest rivals. As well, they strive harder in pushing the boundaries and in the empowerment of organizations globally through their digital transformation and innovations.”
He also added that Taiger that have its offices globally in countries like Hong Kong, New York, Madrid and Mexico City, are also striving as well planning harder to set up its branches as an worldwide expansion strategy to newer markets like Korea and Japan, apart from Middle Eastern tertiary with its’ increasing resources in engineering, research and development to bolster its progress.