Core Insights - RedCloud Holdings plc is launching a new RedAI recommendation feature in Saudi Arabia, targeting an estimated $2.8 billion annual trade opportunity in the FMCG supply chains [1][3] - The company identifies an $8 billion inventory gap in the $62 billion Saudi FMCG industry, primarily due to inefficient inventory management practices [2][10] - The new feature, based on NVIDIA's cuOpt Optimization Engine, aims to automate inventory decisions and potentially reduce the inventory gap by 35% [3][10] Company Strategy - RedCloud has selected Saudi Arabia as the first market for its intelligent product feature, leveraging local AI engineering talent to enhance its offerings [3][4] - The company is in advanced discussions with major manufacturers and distributors in Saudi Arabia, aligning its operations with the Kingdom's Vision 2030 objectives [4][5] - Successful pilot programs in Saudi Arabia could lead to the global rollout of the Intelligent EOQ feature across other markets, including Argentina, Brazil, Nigeria, and South Africa [4][6] Market Context - The Saudi Arabian FMCG market is projected to be worth $62 billion, with significant opportunities for improvement in inventory management [2][10] - The partnership with NVIDIA is expected to enhance RedCloud's technological capabilities and support the development of local AI talent [4][6] - The company's growth strategy includes expanding its customer base and enhancing its technology ecosystem through partnerships with firms like AWS and Snowflake [6]