Al Habtoor transforms its commercial Real Estate portfolio with Artificial Intelligence
Working with Start Up Company Aljoodi Technologies to install BrainBox AI Technology
Dubai, UAE – 04 July 2021: Al Habtoor Group (“AHG”) and Aljoodi Technologies (“Aljoodi”) announced today that they will be working together to install BrainBox AI Technology in one of AHG’s commercial buildings. This Technology will enable the HVAC (Heating, Ventilation and Air Conditioning) systems in a AHG’s building to operate autonomously, in real-time, leading to a reduction of up to 25% in total energy costs in less than 3 months, with a 20-40% reduction in carbon footprint and a 60% increase in their occupant comfort.
Commenting on this initiative, Engr. Yusef Shalabi, AHG’s Group COO – Technical and Engineering, said:” At AHG, we’re always looking for innovative technologies and sustainable solutions that benefit our group and our local community. Furthermore, we are always proud to support innovative Emirati start-ups who bring fresh ideas and industry defining technologies to the United Arab Emirates”.
Engr. Mustafa Al Hayek, Managing Partner of Aljoodi, said:” As an Emirati Start-Up Company, we are excited that Al Habtoor Group, one of the region’s largest and most respected companies, has decided to adopt our energy saving solution. Our award-winning technology will provide them with access to a powerful artificial intelligence technology that combines deep learning, cloud-based computing and algorithms to support a 24/7 self-operating building”.
BrainBox AI is designed to deliver significant savings and dramatically reduce carbon emissions. HVAC systems account for 51% of total energy usage in commercial buildings. Inefficient and poorly designed systems are costly to manage, often ineffective at maintaining comfort levels and major producers of greenhouse gases. With BrainBox AI, commercial real estate operators can move from reactive to pre-emptive operations management of their buildings.
“Our goal is to drive increased energy savings and reduce CO2 emissions from buildings, in line with Sheikh Mohammed Bin Rashid’s vision for the UAE to reduce carbon emissions by 25% by 2030”. Engr. Al Hayek concluded.
- AHG adopts “BrainBox AI” Technology offered by Aljoodi Technologies in the UAE
- Installation aims to reduce carbon emissions produced by AHG’s commercial real estate.
- BrainBox AI can generate up to 25% energy cost savings in the fastest amount of time.
- BrainBox AI is the world’s most advanced AI for Commercial HVAC (Heating, Ventilation and Air Conditioning)
- BrainBox AI has been chosen as one of TIME Magazine’s 100 Best Inventions of 2020.
About Al Habtour Group:
Al Habtoor Group’s motto is ‘Growing with the UAE’. Since inception in 1970, it has grown organically in line with the growth of the United Arab Emirates. Today it is one of the region’s largest and most respected conglomerates recognized globally through its involvement in the hospitality, automotive, real estate and publishing sectors.
About Aljoodi Technologies:
Aljoodi Technologies is a Start-up company founded in 2020 with the support of Mohammed Bin Rashid Establishment for SME Development (Dubai SME) by ambitious Emirati Entrepreneurs who believe in the UAE's vision to become a world leader in AI by 2031.