Tripartite MOU Signed by xMap, Ejad Al-Taqnia & LocationMind for a Strategic Partnership to Lead in Digital Transformation Solutions

Category
Location
Date
Press Release
Riyadh
April 5, 2024
Dr. M. Farid (COO) from xMap, Muhammad Al-Baqami (CEO) from Ejad-Al-Taqnia & Naoki Kiritani (CEO) from LocationMind

xMap Inc., a leading location intelligence SaaS platform known for offering comprehensive insights across multiple industries, today announced a groundbreaking Memorandum of Understanding (MOU) with Ejad Al-Taqnia for Information Technology Company (Saudi Arabia) and LocationMind (Japan). This partnership aims to leverage emerging technologies for developing digital transformation solutions, underscoring the commitment of all parties to innovate and lead in the ever-evolving technology landscape.

The collaboration represents a tri-party initiative to utilize big data, artificial intelligence, geospatial analytics, and real-estate data intelligence, furthering the scope of location intelligence solutions. This strategic alliance is a testament to the parties' shared vision for fostering technological advancements and their dedication to driving unparalleled growth and market leadership in their respective domains.

A Shared Vision for Innovation and Growth

Under the MOU, xMap, LocationMind, and Ejad Al-Taqnia will explore collaborative initiatives to develop and deliver transformative solutions that drive digital evolution. This alliance not only underscores the shared vision and commitment of the three companies to lead technological advancement but also highlights the potential of strategic partnerships in navigating the complexities of the global digital landscape.

"The partnership between xMap, LocationMind, and Ejad Al-Taqnia represents a pivotal step forward in our mission to empower enterprises with comprehensive insights for data-driven decision-making," said Mohamed Reda Elsayed, CEO of xMap. "By combining our strengths, we are poised to deliver innovative solutions that redefine the boundaries of what is possible with location intelligence."

About xMap

xMap is an innovative location intelligence SaaS platform that provides a vast range of datasets from multiple industries, enabling enterprises to visualize data on maps, analyze insights, and make informed decisions. With a focus on offering comprehensive insights, xMap guides businesses to unparalleled growth and market leadership.

About LocationMind

LocationMind is a leading technology provider based in Tokyo, Japan, specializing in big data, artificial intelligence, geospatial analytics, and real estate data intelligence. With its cutting-edge solutions, LocationMind addresses critical needs across key sectors, driving innovation and excellence.

About Ejad Al-Taqnia

Ejad Al-Taqnia for Information Technology Company, established under the laws of the Kingdom of Saudi Arabia, specializes in delivering top-tier IT solutions and services. With a strong commitment to innovation and quality, Ejad Al-Taqnia plays a vital role in the digital transformation of businesses and industries in the region.

For more information, contact:

xMap Inc.

800 N King Street, Suite 304, Wilmington, DE 19801, United States

Email: solutions@xmap.ai

Phone: +1 (415) 800-3938