A strategic partnership to scale a new level of insight and analytics to professional athletic performance.
Presight AI, the leading UAE-based Big Data Analytics and AI company, an operating company of G42, has signed an MoU to form a strategic partnership with an Indonesian healthcare AI company, Asa Ren. The agreement will bring a new level of insight and analytics to professional athletic performance.
The partnership will utilize Presight’s big data analytics, AI and machine learning solutions and Asa Ren’s bioinformatics to develop a unique sports analytics platform to enhance performances based on big data and collaboration with leading global sports organizations.
With the global sports analytics market projected to grow to $12.6 billion by 2029, the strategic partnership will allow both companies to unlock the potential of this high-growth industry by offering actionable intelligence explicitly tailored to the athlete’s precise needs.
The MOU was signed by Thomas Pramotedham, CEO of Presight, and Aloysius Liang, CEO and founder of Asa Ren, at B20 Summit Indonesia 2022, a sideline event of the G20.
The signing ceremony was attended by H.E Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, H.E Mr. Budi Gunadi Sadikin, Minister of Health of Indonesia and Charles Honoris, Deputy Chairman of Healthcare Chamber of Commerce Indonesia.
The two companies also discussed and exchanged the provisional MoU during the UAE Business Forum in Bali, in the presence of H.E. Abdullah Salem Al Dhaheri, UAE Ambassador to Indonesia, and Luhut Binsar Pandjaitan, Coordinating Minister of Maritime and Investment Affairs of Indonesia.
Thomas Pramotedham said: “With this collaboration, we intend to enhance the data science around sports performance and to push forward innovative approaches using big data analytics, AI, and bioinformatics in the realm of sports performance analysis.
Presight’s big data analytics capabilities, coupled with Ara Sen’s bioinformatics expertise, will revolutionize the optimization and improvement of athletic performances.
We look forward to exploring new ways to transform, aiding build sports analytics, and paving the way for better performance for teams and players,” he added
Aloysius Liang commented: “This new partnership between Presight and Asa Ren continues the pursuit of breakthrough innovation and value creation by combining our respective strengths and capabilities in achieving our goal of developing a comprehensive sports analytics ecosystem. Presight possesses a profound understanding of the analytics industry that will undoubtedly bring tremendous value.”