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Perm-based smart home start-up sets up shop in Dubai

Insyte plans factory and platform to help collect electricity consumption data

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Insyte Electronics, a manufacturer of equipment for smart homes and building automation based in Perm, Russia, has opened an office in the UAE. The new division of the company will provide solutions for smart homes, focusing on the UAE, Oman, Saudi Arabia, Kuwait, Iran, and Bahrain.

According to media reports, the company will supply equipment from Russia, but has plans to build a new factory in 2019 with the Dubai Government. The start-up will also help launch a platform to collect and analyze data on electricity consumption.

Insyte presented its developments at the 20th International Water, Energy, Technology, and Environment Exhibition (WETEX) in Dubai in October 2018.

Source

Dubai FDI