SRTIP Highlights AI’s Role in Sustainable Profitability

News Desk -


Sharjah Research, Technology, and Innovation Park (SRTIP) recently convened a Business Breakfast to delve into the intersection of decarbonisation and profitability, with a particular focus on the pivotal role of AI. The event aimed to illuminate the business community and entrepreneurs on strategies for “Balancing Decarbonisation with Profitability: The Role of AI” in today’s evolving landscape.

With global efforts intensifying towards sustainability, the challenge of harmonizing environmental goals with financial viability has emerged as paramount. The discussions emphasized AI’s potential to reconcile these objectives, offering innovative avenues towards sustainable profitability.

The gathering attracted a diverse audience comprising business leaders, technology enthusiasts, and sustainability specialists from both public and private sectors. Giridhary Kutty, Regional Director of ETAP Automation and an authority in technology and sustainability, spearheaded the discussions, fostering an exchange of insights and facilitating exploration of cutting-edge developments in green technology.

The event underscores SRTIP’s commitment to fostering innovation and technological advancement while providing a platform for discourse on pertinent environmental issues. Key topics of discussion included AI’s role in achieving net-zero emissions, leveraging sustainability technologies to drive cost efficiencies and energy conservation, and exploring avenues such as clean energy production, carbon capture and storage, and advanced recycling techniques.

Participants also delved into the application of AI-driven predictive maintenance to enhance equipment lifespan and shared insights on the evolving landscape of green technology adoption among UAE businesses, aligning with the national agenda of achieving net-zero emissions by 2050.

Hussein Al Mahmoudi, CEO of SRTI Park, emphasized the park’s unwavering commitment to sustainability and urged businessmen and investors to embrace eco-friendly practices. He highlighted the importance of aligning business growth with environmental stewardship and reiterated support for the nation’s ambitious sustainability roadmap.

A video presentation showcased SRTI Park’s journey towards sustainability and its success in fostering applied scientific and technological research while adhering to international standards. The Business Breakfast series serves as a cornerstone initiative in bolstering Sharjah’s position as an investment hub and fostering economic partnerships between SRTI Park and the wider business community.

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