Aramco and AEC strengthen digital ecosystem
Saudi Arabian Oil Company (“Aramco”) and Advanced Electronics Company (“AEC”), a SAMI company, are collaborating to promote the localization of digital businesses in Saudi Arabia. The two companies have signed a memorandum of understanding (MoU) to accelerate the Kingdom’s digital ecosystem development.
The partnership aims to support wider efforts to enable Internet of Things (IoT) technologies, computing and communication, robotics, drones, and semiconductors that complement the expansion of the digital ecosystem at large in the Kingdom.
Aramco has included the Industrial Digital Business (IDB) under the industrial investment program, Aramco Namaat, which aims to complement the establishment of various digital hubs in Saudi Arabia.
The program aims to maximize local content, contribute to GDP growth, create new jobs, accelerate digital talent development, and enhance Aramco’s reliability and operational efficiency. The program is designed to drive increased investment, economic diversification, job creation and workforce development within the Kingdom.
Information Source: Read More
Oil and gas, press , | Energy, Climate, Renewable, Wind, Biomass, Sustainability, Oil Price, LPG, Solar,Electric
