Kinetic Seas Incorporated and Sagtec Global Limited have signed a multi-year agreement to deploy a private white-labeled version of the SKILLIKS AI platform.
The agreement is valued at $2 million USD and includes a long-term revenue share component.
Sagtec will utilize the SKILLIKS platform for internal AI software development and client projects.
AI Development Collaboration
The agreement between Kinetic Seas and Sagtec focuses on integrating AI into enterprise-level application development.
Licensing and Collaboration
The five-year arrangement includes hosting the private platform on U.S.-based cloud servers and joint commercialization rights.
Revenue Share Model
The agreement involves a long-term revenue share model to ensure mutual benefit for both companies.
- The collaboration emphasizes the growing importance of AI enablement in Southeast Asia.
- Sagtec's access to the SKILLIKS platform will enhance its IT capabilities and enable the development of AI-enabled solutions for clients.
This partnership signifies a significant step towards advancing AI adoption in enterprise-level applications, particularly in Southeast Asia, through the innovative SKILLIKS platform.