Page 62 - SAMENA Trends - October-December 2024

REGIONAL & MEMBERS UPDATES SAMENA TRENDS

agentAssistX will provide a cohesive IT support, and enhance workforce accelerate value realization, boosting
method for ensuring seamless user capabilities, enabling them to focus productivity and decision times by over
experiences and scalability across various on more strategic endeavors. Tapati 70% in business and IT automation while
systems.” In addition, agentAssistX will Bandopadhyay, Expert Advisor, Third Eye addressing key readiness needs like GRC,
automate critical functions, including Advisory, said, “The next wave of AI— security, identity, and monitoring.” The
meeting room technology operations, actionable, autonomous, and responsibly launch of TechM agentX reinforces the
software and device management, access designed Agentic AI—broadens company’s commitment to delivering AI-
and security management, real-time generative AI's enterprise applications. powered solutions that drive business
monitoring, knowledge management, Tech Mahindra's agentX solutions make agility and unlock new levels of productivity
and cloud and data center operations. It these applications enterprise-ready by across industries.
will also empower enterprises to improve embedding codified human expertise and
compliance, mitigate risks, streamline intuitive experiences. These solutions

Yahsat to Launch Seven Satellites in UAE’s Earth
Observation Space Program

Al Yah Satellite Communications Company vision to drive innovation and advance technology, addressing the rapidly evolving
(Yahsat), a subsidiary of Space42, is space technology. Al Hashemi emphasized needs of the global space industry and
set to launch seven satellites as part that Foresight-1 represents a significant offering advanced business intelligence
of the UAE’s Earth Observation Space achievement that reinforces the UAE’s solutions for governments, businesses,
Program. The first satellite, Foresight 1, global leadership in the space sector. and communities,” Al Hashemi stated. He
was successfully launched last August. It positions the UAE among the top 20 added that the merger between Bayanat
Ali Al Hashemi, CEO of Yahsat Satellite countries in the world actively operating and Yahsat marks a significant leap and is
Services, announced on the sidelines of and managing Earth observation satellites. the first of its kind globally. He anticipates
the start of trading on Space42 shares, Space42 plans to launch the Thuraya 4 that more companies will follow suit to
following the merger between Bayanat and satellite by the end of this year, with Al create larger entities that integrate satellite
Yahsat, that discussions are underway to Yah 4 and Al Yah 5 scheduled for launch in communication services, geospatial
manufacture Earth observation satellites 2027 and 2028, respectively. “Space42 has analytics, and artificial intelligence.
in the UAE. This aligns with the country’s become a pioneer in AI-powered space

62 OCT-DEC 2024