Gorilla Technology, NC Digy Smart Cities LLC, Protactics and AECOM, Announce Strategic Partnership to Advance Smart Cities in Latin America and the United States
Gorilla Technology Group Inc. (NASDAQ: GRRR) has announced a strategic partnership with NC Digy Smart Cities and AECOM (NYSE: ACM) to advance smart cities in Latin America and the United States. This collaboration aims to transform urban development by leveraging advanced technologies for next-generation smart cities. The partnership targets significant growth opportunities in the Western Hemisphere, focusing on the rapidly expanding smart cities market in Latin America and the evolving urban landscape in the United States.
The initiative will introduce cutting-edge security options tailored for Latin American cities, offering services such as advanced surveillance, AI-driven analytics, and secure data management systems. In the United States, the focus will be on marketing Gorilla Technology's AI and cybersecurity products designed for smart city applications, addressing important aspects like surveillance, access control, and emergency response.
Gorilla Technology Group Inc. (NASDAQ: GRRR) ha annunciato una partnership strategica con NC Digy Smart Cities e AECOM (NYSE: ACM) per promuovere le città intelligenti in America Latina e negli Stati Uniti. Questa collaborazione mira a trasformare lo sviluppo urbano attraverso l'uso di tecnologie avanzate per le città intelligenti di nuova generazione. La partnership si concentra su significative opportunità di crescita nell'emisfero occidentale, con un occhio di riguardo al mercato in rapido aumento delle città intelligenti in America Latina e all'evoluzione del paesaggio urbano negli Stati Uniti.
L'iniziativa introdurrà opzioni di sicurezza all'avanguardia pensate per le città dell'America Latina, offrendo servizi come sorveglianza avanzata, analisi basate sull'IA e sistemi di gestione dei dati sicuri. Negli Stati Uniti, l'attenzione sarà rivolta al marketing dei prodotti di intelligenza artificiale e cybersecurity di Gorilla Technology, progettati per applicazioni delle città intelligenti, affrontando aspetti importanti come la sorveglianza, il controllo degli accessi e la risposta alle emergenze.
Gorilla Technology Group Inc. (NASDAQ: GRRR) ha anunciado una asociación estratégica con NC Digy Smart Cities y AECOM (NYSE: ACM) para avanzar en las ciudades inteligentes en América Latina y Estados Unidos. Esta colaboración tiene como objetivo transformar el desarrollo urbano aprovechando tecnologías avanzadas para ciudades inteligentes de próxima generación. La asociación se centra en oportunidades de crecimiento significativas en el hemisferio occidental, enfocándose en el mercado de ciudades inteligentes en rápida expansión en América Latina y el paisaje urbano en evolución en Estados Unidos.
La iniciativa introducirá opciones de seguridad de vanguardia adaptadas a las ciudades de América Latina, ofreciendo servicios como vigilancia avanzada, análisis impulsados por IA y sistemas de gestión de datos seguros. En Estados Unidos, el enfoque estará en comercializar los productos de IA y ciberseguridad de Gorilla Technology diseñados para aplicaciones de ciudades inteligentes, abordando aspectos importantes como la vigilancia, el control de acceso y la respuesta a emergencias.
고릴라 테크놀로지 그룹 주식회사 (NASDAQ: GRRR)는 NC Digy 스마트 시티 및 AECOM (NYSE: ACM)과 전략적 파트너십을 발표하여 라틴 아메리카와 미국의 스마트 시티를 발전시키기로 하였습니다. 이 협력은 차세대 스마트 시티를 위한 첨단 기술을 활용하여 도시 개발을 혁신하는 것을 목표로 하고 있습니다. 이 파트너십은 서반구에서의 상당한 성장 기회를 겨냥하고 있으며, 라틴 아메리카의 급속히 성장하는 스마트 시티 시장과 미국의 진화하는 도시 풍경에 집중하고 있습니다.
이 이니셔티브는 라틴 아메리카 도시를 위해 최첨단 보안 옵션을 도입하고, 고급 감시, AI 기반 분석 및 안전한 데이터 관리 시스템과 같은 서비스를 제공합니다. 미국에서는 스마트 시티 애플리케이션을 위해 설계된 고릴라 테크놀로지의 AI 및 사이버 보안 제품을 마케팅하는 데 초점을 맞추고 있으며, 감시, 출입 통제 및 긴급 대응과 같은 중요한 측면을 다루고 있습니다.
Gorilla Technology Group Inc. (NASDAQ: GRRR) a annoncé un partenariat stratégique avec NC Digy Smart Cities et AECOM (NYSE: ACM) pour promouvoir les villes intelligentes en Amérique Latine et aux États-Unis. Cette collaboration vise à transformer le développement urbain en exploitant des technologies avancées pour les villes intelligentes de nouvelle génération. Le partenariat cible des opportunités de croissance significatives dans l'hémisphère occidental, en se concentrant sur le marché des villes intelligentes en forte expansion en Amérique Latine et sur l'évolution du paysage urbain aux États-Unis.
L'initiative introduira des options de sécurité à la pointe de la technologie conçues pour les villes d'Amérique Latine, offrant des services tels que la surveillance avancée, l'analyse alimentée par l'IA et des systèmes de gestion des données sécurisés. Aux États-Unis, l'accent sera mis sur le marketing des produits d'IA et de cybersécurité de Gorilla Technology, conçus pour les applications des villes intelligentes, en abordant des aspects importants tels que la surveillance, le contrôle d'accès et la réponse aux urgences.
Gorilla Technology Group Inc. (NASDAQ: GRRR) hat eine strategische Partnerschaft mit NC Digy Smart Cities und AECOM (NYSE: ACM) angekündigt, um die Smart Cities in Lateinamerika und den Vereinigten Staaten voranzubringen. Diese Zusammenarbeit zielt darauf ab, die urbane Entwicklung durch den Einsatz fortschrittlicher Technologien für künftige Smart Cities zu transformieren. Die Partnerschaft fokussiert sich auf bedeutende Wachstumschancen auf der westlichen Hemisphäre, insbesondere auf den schnell wachsenden Markt für Smart Cities in Lateinamerika und die sich wandelnde urbane Landschaft in den Vereinigten Staaten.
Die Initiative wird spitzentechnologische Sicherheitsoptionen einführen, die speziell für Städte in Lateinamerika entwickelt wurden, und Dienstleistungen wie fortschrittliche Überwachung, KI-gesteuerte Analysen und sichere Datenmanagementsysteme anbieten. In den Vereinigten Staaten wird der Schwerpunkt auf dem Marketing der KI- und Cybersicherheitsprodukte von Gorilla Technology liegen, die für Anwendungen in Smart Cities entwickelt wurden, und wichtige Aspekte wie Überwachung, Zugangskontrolle und Notfallreaktion ansprechen.
- Strategic partnership with NC Digy Smart Cities and AECOM to expand in Latin America and US smart cities market
- Potential for significant growth over the next 30 to 50 years in rapidly expanding markets
- Introduction of cutting-edge AI and cybersecurity solutions for smart city applications
- None.
Insights
This strategic partnership between Gorilla Technology, NC Digy Smart Cities and AECOM is a significant move in the smart cities sector. It combines Gorilla's AI and cybersecurity solutions with NC Digy's integration expertise and AECOM's infrastructure consulting prowess. The collaboration targets two key markets: Latin America, with its rapid urbanization and the United States, where smart city initiatives are gaining traction.
The partnership aims to address critical urban challenges such as public safety, operational efficiency and sustainable development. By integrating advanced surveillance, AI-driven analytics and secure data management systems, they're positioning themselves at the forefront of the smart city revolution. This could potentially lead to significant long-term revenue streams for Gorilla Technology, given the projected growth of smart city markets over the next 30-50 years.
However, investors should note that while the potential is substantial, the realization of these benefits may take time. Smart city projects often involve complex, long-term implementations and may face challenges such as regulatory hurdles, budget constraints and privacy concerns. The success of this venture will largely depend on the partners' ability to navigate these challenges and deliver tangible value to city administrations.
The smart cities market presents a massive growth opportunity, particularly in Latin America and the United States. Latin America's rapid urbanization and increasing focus on efficiency and sustainability create a fertile ground for smart city solutions. The U.S. market, while more mature, is still evolving with cities looking to modernize infrastructure and enhance quality of life.
For Gorilla Technology (NASDAQ: GRRR), with its
However, the smart cities market is highly competitive, with tech giants and established infrastructure companies vying for contracts. Gorilla will need to differentiate its offerings and demonstrate clear ROI to city administrators. Additionally, the long sales cycles and complex decision-making processes in government contracts could impact near-term revenue recognition. Investors should monitor the partnership's progress in securing pilot projects and converting them into large-scale implementations.
London, United Kingdom--(Newsfile Corp. - October 8, 2024) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") has announced a strategic partnership with NC Digy Smart Cities, a renowned Miami-based smart cities integrator, alongside AECOM (NYSE: ACM) one of the world's most trusted infrastructure consulting firms, also headquartered in Miami. This collaboration is set to transform the landscape of urban development across Latin America and the United States, harnessing advanced technologies to build and deploy next-generation smart cities.
The partnership marks a monumental step in the evolution of smart city infrastructure, targeting one of the most significant growth opportunities in the Western Hemisphere. With the smart cities market in Latin America rapidly expanding and the United States poised to embrace a new era of urban development, this initiative is expected to drive unprecedented growth over the next 30 to 50 years.
Unleashing the Potential of Latin America
Latin America is witnessing an unparalleled surge in urbanisation, with cities striving to become more efficient, sustainable and secure. The region's smart city market is expected to grow exponentially, driven by government initiatives, increasing urban population, and the demand for sustainable solutions. Through the partnerships with NC Digy Smart Cities & AECOM (together with Gorilla's local partner Protactics), Gorilla will build scale and capitalise on this momentum by introducing cutting-edge security options tailored to the unique needs of Latin American cities.
By leveraging NC Digy Smart Cities and Gorilla's robust AI and cybersecurity solutions, the partnership will offer a comprehensive range of services to local governments and companies. This includes the integration of advanced surveillance, AI-driven analytics and secure data management systems designed to enhance public safety and operational efficiency. AECOM's extensive experience in infrastructure consulting will further ensure that the deployment of these technologies is seamless and aligned with the highest standards of urban planning.
"This partnership is not just about deploying technology; it is about reimagining the future of our cities, in Latin America. As this initiative progresses, we expect it to unlock vast opportunities for growth, create new markets and set new standards for smart city development. The smart cities of tomorrow are on the horizon and Gorilla Technology, NC Digy Smart Cities and AECOM are leading the charge," said Jaime Niño, General Manager of AECOM LATAM.
Pioneering Smart Cities in the United States
In the United States, the concept of smart cities is becoming increasingly central to urban development strategies. As cities across the nation seek to modernise infrastructure and enhance the quality of life for their residents, the demand for innovative technologies is growing at an unprecedented rate. NC Digy Smart Cities is at the forefront of this movement, bringing together their expertise to create secure, resilient and sustainable urban environments.
The partnership's primary initiative will focus on marketing Gorilla Technology's advanced AI and cybersecurity products and services, specifically designed for smart city applications. This includes comprehensive solutions for surveillance, access control and emergency response, all of which are crucial for the safety and security of modern urban environments. By addressing the security challenges that accompany smart city initiatives, this collaboration is poised to play a pivotal role in the transformation of cities across the US.
"The strategic alliance between Gorilla Technology, NC Digy Smart Cities, and AECOM represents a visionary approach to urban development. We recognise the critical role that smart cities will play in shaping the future of our societies, both in the United States and Latin America. By combining our strengths, we are not only setting the stage for technological innovation but also paving the way for sustainable, secure, and prosperous urban environments," said Robert J. Rodriguez, Chairman & Co-Founder of NC Digy Smart Cities.
About NC Digy Smart Cities LLC
NC Digy Smart Cities LLC, based in Miami, is a premier smart cities integrator, offering holistic services to local governments and companies. Since 2000, NC Digy has developed many Smart Cities initiatives, including a visionary blueprint developed for the Department of Housing & Urban Development (HUD) to implement micro economic studies for communities throughout the U.S. thereby, highlighting the need for each participating community to invest in technology innovations for workforce and industry expansion purposes. In addition, NC Digy has developed significant communications initiatives for AT&T which were implemented throughout Latin America and the Caribbean.
About AECOM
AECOM is the world's trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle - from advisory, planning, design and engineering to program and construction management. On projects spanning transportation, buildings, water, new energy, and the environment, AECOM's public- and private-sector clients trust them to solve their most complex challenges. AECOM's teams are driven by a common purpose to deliver a better world through unrivaled technical and digital expertise, a culture of equity, diversity, and inclusion, and a commitment to environmental, social, and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of
About Gorilla Technology.
Headquartered in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. We provide a wide range of solutions, including, Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning Technologies.
Our expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for residents.
About Protactics
Protactics is a Colombian company headquartered in Bogota, with deep domain expertise & relationships in Latin America. We bring to market holistic security & public safety solutions whether it be cyber security, biometrics, advanced scanning capabilities to critical infrastructure projects, such as Ports, Airports & Borders & more.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Gorilla's actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "might" and "continues," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding our beliefs about future revenues, our ability to attract the attention of customers and investors alike, Gorilla's largest projects and ability to win additional projects and execute definitive contracts related thereto, along with those other risks described under the heading "Risk Factors" in the Form 20-F Gorilla filed with the Securities and Exchange Commission (the "SEC") on May 15, 2024 and those that are included in any of Gorilla's future filings with the SEC. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside of the control of Gorilla and are difficult to predict. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Gorilla undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.
Investor Relations Contact:
Dave Gentry
RedChip Companies, Inc.
1-407-644-4256
GRRR@redchip.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/225969
FAQ
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