In Saudi Arabia, Siemens combined systems, software and hardware that enabled the remote monitoring of pressure, flow and temperature at Ghawar oil field, the largest in the world.
Business enterprises, no matter what their size or area of focus — whether manufacturing, energy, transportation, infrastructure or beyond —- are confronted by the digital transformation.
In this context, Saudi Vision 2030 and National Transformation Program (NTP) have captured the attention of the corporate sector in particular to explore the opportunities of Saudi digital transformation with a view to driving the next level of technological empowerment and competitiveness for the Kingdom and its society.
Professor Rainer Speh, chief technology officer at Siemens Saudi Arabia, argues: “Our world is becoming ever more connected. Billions of intelligent devices and machines generate massive data, bridging the real and virtual worlds. Data is the new raw material and turning this data into value is a key success factor for companies, economies and entire societies.”
The markets for software solutions and digital services are predicted to grow tremendously and traditional businesses will be forced to continuously evaluate and upgrade their portfolios to remain competitive.
In addition, startups bring their innovative strength, inventiveness and speed.
Professor Speh added: “In intelligent factories of the future everything will be interconnected.”
In Saudi Arabia, Siemens combined systems, software and hardware that enabled the remote monitoring of pressure, flow and temperature at Ghawar oil field, the largest in the world. The energy sector, in particular, stands to benefit from digitalization.
Arja Talakar, CEO of Siemens Saudi Arabia, says: “Siemens has the domain know-how to transfer big data generated by customer systems into rich information that enables smart choices. By simulating real world objects and assets by means of digital twins, we work with our customers to optimize their assets and get the maximum benefit out of them.”
Talakar added: “In the future, successful companies will be those who know how to leverage their data. We therefore continuously work with our partners toward shaping the digital future with Vision 2030.”
Source: Arab News
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