Tuesday, January 13, 2026
No Result
View All Result
The Crypto HODL
  • Home
  • Bitcoin
  • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Updates
    • Crypto Mining
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Regulations
  • Scam Alert
  • Analysis
  • Videos
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Updates
    • Crypto Mining
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Regulations
  • Scam Alert
  • Analysis
  • Videos
No Result
View All Result
The Crypto HODL
No Result
View All Result

Naver Starts Digital Twin Project For Smart Cities in Saudi Arabia

August 9, 2024
in Metaverse
Reading Time: 2 mins read
0 0
A A
0
Home Metaverse
Share on FacebookShare on Twitter


Insider Temporary

Naver has partnered with the Saudi Arabian authorities on a five-year, $100 million venture to develop digital twin platforms for Riyadh and 4 different main cities.
The initiative will create extremely correct 3D fashions to enhance city administration, integrating companies like sensible metropolis infrastructure planning and flood simulation.
Naver’s venture helps Saudi Arabia’s sensible metropolis technique and positions the corporate as a serious participant within the international digital twin business.

PRESS RELEASE — Naver, a distinguished South Korean web and expertise firm, has entered into a major five-year partnership with the Saudi Arabian authorities to develop digital twin platforms for Riyadh and 4 different main cities, GIM-Worldwide is reporting. This venture is a important part of Saudi Arabia’s broader technique to advance sensible metropolis infrastructure and enhance city administration by means of cutting-edge expertise.

The collaboration stems from a $100 million (US) deal secured by Naver in October 2023. The corporate will leverage its refined cloud expertise and AI-driven options to create extremely correct 3D fashions of Riyadh, Medina, Jeddah, Dammam and Mecca, with a formidable precision degree of 10 centimeters. These digital twins are meant to perform as digital replicas of the cities, permitting for real-time knowledge evaluation and detailed simulations that can improve numerous points of city administration, together with infrastructure planning and catastrophe preparedness.

In keeping with GIM, Naver is working carefully with Korea Water Sources and Korea Land and Geospatial Informatix to include important companies similar to sensible metropolis infrastructure planning and flood simulation into the digital platforms. This partnership goals to exhibit the sensible purposes of digital twin expertise, showcasing its potential in city water administration, autonomous mobility, and the availability of detailed site visitors data. By integrating these companies, the digital twins are anticipated to play a pivotal function in optimizing city planning and enhancing the general effectivity of metropolis administration.

The digital twin initiative is a part of Saudi Arabia’s formidable sensible metropolis agenda, which seeks to place the nation as a pacesetter in technological innovation. As reported by GIM, the venture will incorporate superior applied sciences like AI, robotics and cloud computing to create a complete platform that may tackle the complicated challenges of recent city improvement. The anticipated outcomes embrace simpler infrastructure administration, improved catastrophe preparedness, and the power to simulate numerous eventualities for higher decision-making.

Naver’s involvement on this venture not solely aligns with Saudi Arabia’s imaginative and prescient for sensible cities but in addition elevates the corporate’s standing within the international digital twin business. Because the venture progresses, Naver plans to broaden its collaborations and discover new alternatives to use digital twin expertise in different sectors.

GIM studies that the success of this venture might have far-reaching implications, probably influencing how different international locations and firms strategy the combination of digital twin expertise in city planning.



Source link

Tags: ArabiaCitiesdigitalNaverprojectSaudiSmartstartstwin
Previous Post

Sea of green in crypto as new exchange, DTX, raises $1.2 million

Next Post

CoinDesk 20 Index Showed Modest Gain as Bitcoin Price (BTC) Rose 1.5% and Ripple Price (XRP) Plunged 7.8%

Related Posts

Razer Freyja and the Era of Haptic Gaming Chairs
Metaverse

Razer Freyja and the Era of Haptic Gaming Chairs

January 13, 2026
What’s Next For AI: The Biggest Trends In 2026
Metaverse

What’s Next For AI: The Biggest Trends In 2026

January 13, 2026
Nexo Secures Multi-Year Title Sponsorship Of US ATP 500 Dallas Open
Metaverse

Nexo Secures Multi-Year Title Sponsorship Of US ATP 500 Dallas Open

January 12, 2026
Ouch. The Leaked Steam Machine Price Just Dropped, and It’s Eye-Watering
Metaverse

Ouch. The Leaked Steam Machine Price Just Dropped, and It’s Eye-Watering

January 12, 2026
2026: The Year of the AI Agent and the Return to the Moon
Metaverse

2026: The Year of the AI Agent and the Return to the Moon

January 12, 2026
The Rapid Rise of Embodied AI: From Walking to Feeling
Metaverse

The Rapid Rise of Embodied AI: From Walking to Feeling

January 11, 2026
Next Post
CoinDesk 20 Index Showed Modest Gain as Bitcoin Price (BTC) Rose 1.5% and Ripple Price (XRP) Plunged 7.8%

CoinDesk 20 Index Showed Modest Gain as Bitcoin Price (BTC) Rose 1.5% and Ripple Price (XRP) Plunged 7.8%

How to design a logo with artificial intelligence?

How to design a logo with artificial intelligence?

City of Santa Monica Bitcoin Office to Host Open-Source Bitcoin Festival In October

City of Santa Monica Bitcoin Office to Host Open-Source Bitcoin Festival In October

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Twitter Instagram LinkedIn Telegram RSS
The Crypto HODL

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at The Crypto HODL

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Mining
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Videos
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 The Crypto HODL.
The Crypto HODL is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Updates
    • Crypto Mining
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Regulations
  • Scam Alert
  • Analysis
  • Videos
Crypto Marketcap

Copyright © 2023 The Crypto HODL.
The Crypto HODL is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In