YY Group Partners with Graymatics to Promote AI Video Analytics in Singapore
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: PRnewswire
- Strategic Partnership: YY Group has formed a strategic partnership with Graymatics to become the preferred distributor of its AI-powered video analytics solutions in Singapore, leveraging YY Group's extensive network in hospitality, retail, and facilities management to accelerate market adoption and significantly enhance clients' business intelligence capabilities.
- Market Demand Response: This collaboration addresses the growing demand for intelligent analytics across Singapore's commercial sectors, as Graymatics' platform extends beyond traditional security applications to help smart buildings, manufacturing, and retail optimize operations and strengthen compliance, thereby improving overall business efficiency.
- Customer Value Enhancement: YY Group's CEO Mike Fu stated that this partnership will provide exceptional operational capabilities for businesses in Singapore, further solidifying YY Group's position as a leading provider of smart enterprise solutions in the region, which is expected to attract more clients.
- Innovation-Driven Growth: Graymatics' cloud-based video analytics solutions will transform existing surveillance infrastructure into actionable business intelligence, enhancing Singaporean enterprises' capabilities in data-driven decision-making, aligning with global trends in smart city development.
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About YYGH
YY Group Holding Limited offers a technology-enabled platform providing workforce solutions and integrated facility management (IFM) services across Asia and beyond. It operates through two core verticals: on-demand staffing and IFM, delivering support to various industries, such as hospitality, logistics, retail and healthcare. Its business consists of global work marketplace, IFM, information technology, and digital and social marketing. Through its YY Circle operating division, it connects businesses with skilled professionals in the casual labor market on four continents. Its Hong Ye Group offers integrated facilities management solutions with a comprehensive range of maintenance and operation services. Its subsidiary, YY Smart Tech Pte Ltd, serves as the central entity for managing all IT services, including infrastructure, cybersecurity, IoT, and software development. Its MediaPlus division focuses on delivering digital solutions. It is also engaged in property investment sector.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
