Abu Dhabi General Services Company (Musanada) and Krypto Labs, the leading global innovation hub, have signed a deal to collaborate on innovation initiatives through knowledge-sharing.

Under the MoU, Musanada and Krypto Labs will be engaged in a partnership agreement to exchange knowledge through strategic and innovation consultancy, project support and research to assist in projects’ implementation, stated Musanda CEO Engineer Suwaidan Rashed Al Dhaheri after signing the deal with Krypto Labs' Managing Director Dr Saleh Al Hashemi at the latter's headquarters in Masdar City.

"This partnership will generate further positive outcomes as it will help both parties share experiences and information, enhance the joint efforts in the areas of research and studies on the various types of projects delivered by Musanada, improve processes and performance levels, step up the pace of delivery, increase productivity and create an innovative working environment," stated Al Dhaheri.

Musanada, he said, highlighted the need to achieve substantial transformation across various services and projects by deploying digital technology and promoting forward-looking thinking so as to establish an economy based on science, technology, knowledge and innovation in line with Abu Dhabi government’s directions and efforts to speed up the development and economic progress witnessed in the emirate.

"The move towards the use of artificial intelligence (AI) technologies and applications is key to building a sustainable future that will ensure people’s welfare, support economic and social development efforts, achieve optimal investment of all capabilities and utilize all available human and material resources in a creative manner," he added.

Dr Al Hashemi said Krypto Labs was committed to contributing to the transformation of the city into a knowledge-based economy, in alignment with the UAE Vision 2021 and the Abu Dhabi Economic Vision 2030.

"The tieup with Musanada is a key step towards achieving Krypto Labs’ vision of fostering an innovation and knowledge-based economy, as Musanada is an entity that plays a major role in developing and constructing projects throughout the capital. This agreement aims for discovering revolutionary solutions through innovative methods, rather than following traditional means," he added.

Established in 2007, Musanada provides integrated services to the Abu Dhabi Government in facility management, construction, contract management, and more.

Krypto Labs is a global innovation hub which encourages research and development, accelerates startups and conducts world-class innovation programs at its headquarters in Masdar City, Abu Dhabi.-TradeArabia News Service