Netix Global BV, a leading smart cities solutions provider and a subsidiary of the SB Group International, has announced a first-of-its-kind sustainability finance model in the Middle East and rest of the world.
Developed in partnership with one of the largest energy and automation funds from Europe, the unique model has great implications for Middle Eastern nations' net-zero pursuits and tackling Europe’s energy crisis & to be replicated globally, said a statement from Netix Global.
The Sustainability Finance Model is set to be unveiled on September 23 at Burj Khalifa during a hybrid (in-person and online) launch event 'The Smart Move' in the presence of industry stalwarts and stakeholders from the public and private sectors.
How Netix can help worlds energy crisis with its IoT/AI enabled enterprise solutions to revolutionize the management of buildings will be the talking points of keynotes from speakers including its CEO Sanjeevv Bhatia, Director & CTO Dustine Stanley; Strategic planning Consultant Roger Woodward as well as Paul Price, Business Development Director, Tridium; and Gil Levy, Founder & CEO, Genesis.
Netix Global said it was now gearing up to fully finance these solutions as smart upgrades for a large-scale impact needed to achieve net-zero goals across the globe like the visions of UAE and KSA, for 2050 and 2060, respectively.
Netix solutions are being implemented across multiple clients in different parts of the world including 18 communities of Emaar, 30 towers of Damac, 77 buildings of Etisalat, Mazaya Towers, 14 sites of Lusail Command & Control Centre, Accor Hotels, all branches of an esteemed bank in the UAE, it added.
"The world is in the midst of an energy crisis. Buildings, which account for significant energy usage and carbon emissions, are increasingly becoming the focus of decision-makers. Over the years, we have gathered empirical evidence substantiating the impact of AI and IoT-led solutions in measuring, reducing, optimizing energy consumption in buildings," remarked Bhatia.
"We are now funding the net-zero vision of the world by using technology to curate solutions to transform buildings into energy-efficient and sustainable edifices. Netix specialized solutions are built on the principles of AI, ML & the Internet of Things (IoT)," he added.
In recent years, Bhatia said Netix has emerged as the trailblazer in the smart building revolution. "Its AI and IoT-led smart solutions have found widespread application in the retrofitting of legacy building systems for demonstrable “smart & efficient outcomes, energy and cost savings, and sustainable transformations, he added.
According to him, Netix's partnership with Genesis, one of the largest energy and automation funds in Europe, exemplifies the cross-sectoral collaborations required to achieve ambitious sustainability and environmental social governance goals.
"The Netix Sustainability Finance Model also spells opportunities for regional real estate stakeholders to become part of the solution. Together, let’s harness the power of IoT and AI and venture towards a sustainable and energy efficient world," he added.-TradeArabia News Service