Investment by Royal HaskoningDHV enables HAL24K to scale globally
Engineering and project management consultancy Royal HaskoningDHV has entered into a strategic partnership with data intelligence scale-up HAL24K. The agreement includes a minority investment by Royal HaskoningDHV in the company. The development promises to unlock the huge potential of advanced data analytics and machine learning solutions for large and complex infrastructure environments.
Royal HaskoningDHV has unrivalled knowledge of the built environment and HAL24K's data science techniques and robust Dimension Platform creates operational and predictive intelligence. In combination, both companies can deliver game-changing solutions.
Royal HaskoningDHV CEO Erik Oostwegel: "I'm very excited about this partnership with HAL24K. Our investment in this scale-up fully aligns with our strategy to grow our digital business. HAL24K’s real-time data analytics power helps us to co-create solutions that enable our clients to optimise their operations and processes, which in turn will result in an improved experience for their end-users. We will apply these digital innovations in our current markets, but they will also enable us to enter new markets and introduce different business models.”
The partners will jointly develop solutions within the smart city and infrastructure context, starting with a focus on clients in traffic, water, harbours and airports. The companies will further automate and optimise clients’ operations and processes through machine learning and artificial intelligence; designing solutions that seamlessly fit customer needs in real-time.
With automated traffic management systems, real-time data reduces congestion and pollution in and around cities. For water management advanced data science leads to less leakage and higher water quality. Smart crowd management solutions optimise tourist flows.
Companies and municipalities recognise the huge gains that can be made in the management of the infrastructure we all rely on. All organizations want to make real, measurable and consistent improvements but the concern has been that solutions must be reliable, secure, and scalable, able to tackle complexity in systems which impact millions of customers.
HAL24K CEO and Founder Jerome Mol: “I am delighted that a company with Royal HaskoningDHV’s pedigree, who have been making a difference in people’s lives for over 135 years, has chosen HAL24K as trusted partner. By bringing together established domain-knowledge with innovative predictive intelligence, we will help transform our future living environments and enhance society. It is further recognition from industry heavyweights, such as the backing given to us by Vinci Energies, and other significant domain-specific partnerships.”
No financial details about the investment are disclosed.