Riyadh - Sharikat Mubasher: Greyfly, a UK-based provider of AI-driven project management products and services, plans to enter the Saudi market and establish a regional headquarters in the Kingdom within the upcoming period, according to Founder and CEO Lloyd Skinner.

Through this expansion, the company targets helping its clients save from 6% to 10% of project budgets, ultimately enabling the execution of additional projects, Skinner revealed in an interview with Al Eqtisadiah newspaper.

He noted that the company is in discussions with Saudi authorities to enter the market, which offers “highly attractive” opportunities. “Saudi Arabia is currently executing some of the world’s most ambitious projects under Vision 2030,” Skinner added.

Founded in 2017, Greyfly leverages big data and cloud computing to improve project outcomes through artificial intelligence. In 2021, it launched its Intelligent Project Prediction (IPP) tool, which uses AI to provide executives with data-driven insights to boost project success.

Greyfly’s teams comprise experts in project management, AI, machine learning, and technical infrastructure, assisting companies in optimizing project execution.