In-Short
- Ahmed Bukhamseen’s company, Quant, is revolutionizing Saudi Arabia’s real-estate data availability.
- Quant utilizes various data sources, including satellite imagery and government records, to inform property investments.
- The company has partnered with Huawei for cloud services and AI capabilities to enhance its offerings.
- Quant’s app and services aim to provide valuable insights for buyers, investors, and retailers in the real estate market.
Summary of the Article
Saudi Arabia’s property investment market has seen a significant transformation thanks to Quant, a company founded by Ahmed Bukhamseen. Quant’s mission is to provide comprehensive pricing information and data to various stakeholders in the real estate sector, including buyers, investors, and speculators. At the heart of Quant’s services is a wealth of data, ranging from advertised and realized prices to high-resolution satellite imagery.
Quant initially relied on data from Saudi municipal registries but has since expanded its data sources to include local information and satellite images. The company faced challenges with data protection regulations, prompting a shift from Azure to a local hosting solution in Saudi Arabia. Huawei emerged as a key partner for Quant, offering cloud services that met the company’s evolving needs, particularly in terms of latency and data volume handling.
The collaboration with Huawei has enabled Quant to improve its app, which democratizes access to the property market. Users can now seamlessly navigate the app to find properties, with Quant combining various data sources to provide a rich, informative experience. The company continues to refine its data, leveraging Huawei’s AI capabilities to develop models that can detect specific features or objects, further enriching the information available to clients.
Looking ahead, Quant plans to offer services to retailers for optimal store placement and extend its data scope to include the rental market. With Saudi Arabia’s rapid development, Quant and Huawei are working together to provide real-time, actionable data to support investment decisions in the real estate market.
For more information on Quant and its innovative approach to property investment in Saudi Arabia, users can download the Quant app or visit the company’s website.
Further Reading
Interested in learning more about Quant’s impact on the property investment market in Saudi Arabia? Visit the original source for a deeper dive into their collaboration with Huawei and the technological advancements they’re bringing to the real estate sector.
Footnotes
Image credit: European Space Agency, licensed under CC BY-SA 3.0 IGO.
