Saee, a KAUST-supported Saudi startup based in Jeddah, aims to disrupt last-mile delivery in Saudi Arabia by addressing challenges like delays and cash-on-delivery (COD) issues. They offer services such as fast COD consolidation, flexible dispatch to freelancers, and warehouse management. Saee also introduces a new concept called Cash Before Delivery (CBD) to improve cash flow for e-commerce platforms. Why it matters: This aims to solve a key bottleneck for e-commerce growth in Saudi Arabia, where COD is prevalent and creates financial inefficiencies.
Sonny Vu, CEO of Misfit Wearables, spoke at KAUST about the importance of design in technology and shared his entrepreneurial philosophy. He emphasized rapid prototyping, user feedback, and enjoyable user experiences, as seen in his previous company AgaMatrix and his wearable activity monitor, the Shine. Misfit Wearables successfully raised $100,000 through crowdfunding in just nine and a half hours. Why it matters: This highlights KAUST's role in fostering entrepreneurship and promoting innovative approaches to product development in the region, particularly in wearable technology.
Researchers at ETH Zurich have formalized models of the EMV payment protocol using the Tamarin model checker. They discovered flaws allowing attackers to bypass PIN requirements for high-value purchases on EMV cards like Mastercard and Visa. The team also collaborated with an EMV consortium member to verify the improved EMV Kernel C-8 protocol. Why it matters: This research highlights the importance of formal methods in identifying critical vulnerabilities in widely used payment systems, potentially impacting financial security for consumers in the GCC region and worldwide.
In a 2018 KAUST lecture, MIT professor Kamal Youcef-Toumi discussed the case of Ordos Kangbashi, a Chinese city designed for a million residents that became a near-ghost town. Despite government incentives, the city struggled due to an economic downturn and lack of social and economic balance. Youcef-Toumi emphasized the importance of the public realm and a balance between social and economic development for successful cities. Why it matters: The analysis provides insights relevant to urban planning in Saudi Arabia and the broader GCC region, where new cities and megaprojects are being developed.
MBZUAI researchers have developed SVRPBench, a new open benchmark for testing vehicle routing algorithms under real-world conditions. SVRPBench simulates unpredictable urban delivery scenarios including rush-hour traffic, accidents, and customer delivery time preferences. The benchmark uses realistic city models with clustered customer locations, unlike existing deterministic benchmarks. Why it matters: This benchmark offers a more practical evaluation for vehicle routing algorithms, potentially leading to significant cost savings and improved efficiency in logistics within the region and beyond.
Mani Sarathy, an associate professor of chemical engineering, has been appointed Associate Director of the Clean Combustion Research Center (CCRC) at KAUST. Sarathy is part of the University’s Physical Science and Engineering Division. The announcement did not detail specific research directions. Why it matters: This signals KAUST's continued investment in and focus on clean combustion research.
Dr. Jeffrey Schnapp from Harvard University discussed the shift from mobility to movability and human-centric autonomy in robotics at KAUST's 2018 Winter Enrichment Program. He presented Gita, a cargo robot designed to move like humans and support pedestrian lifestyles. Piaggio Fast Forward, Schnapp's company, aims to create robots that coexist with humans and enhance the quality of life in pedestrian-friendly environments. Why it matters: This highlights KAUST's engagement with innovative robotics research and its focus on exploring human-robot interaction for future urban development in Saudi Arabia.
An article from KAUST discusses the impact of the COVID-19 pandemic on entrepreneurship, drawing parallels with past economic crises. It suggests that while economic stress makes funding difficult, it also creates opportunities for innovation and new ventures. The article highlights how companies like Uber and Airbnb emerged after the 2008 financial crisis by offering solutions to financially stressed individuals. Why it matters: The piece provides a useful perspective on how crises can spur innovation and entrepreneurship in the GCC region, relevant for policymakers and investors.