by marketing | May 24, 2021 | News
The three companies will support the Kingdom’s manufacturers through digital transformation to improve productivity gains and reduce costs
Riyadh, Saudi Arabia, 6 May 2021: Schneider Electric and AVEVA have signed an Alliance Partner agreement with Obeikan Digital Solutions (ODS). The partnership will support Saudi Arabia’s industrial sector, and the three companies will collaborate to help the Kingdom’s factories on their path to Industry 4.0 through digital transformation.
Part of the Obeikan Group, ODS offers case-tailored digital solution products and industrial apps for logistics, utility reliability, compliance management, spare part management, organizational optimization and audit management. The company has worked to transform dozens of manufacturers across Saudi Arabia through digital technologies.
The three companies will collaborate to roll out proof-of-concept projects; Schneider Electric’s and AVEVA’s Internet-of-Things hardware and cloud-based software will be complemented by local expertise from ODS.
“Obeikan and ODS have a vision of transforming Saudi Arabia’s manufacturing capabilities through technology and digitalization,” said Abdallah Obeikan, ODS. “Schneider Electric and AVEVA share this belief in how technologies such as the Internet-of-Things and cloud computing can make plants smarter, more efficient, and more sustainable. We want to accelerate the nation’s manufacturing sector through technology, and we’re excited about this partnership.
Smart manufacturing technologies have the potential to reshape how factories operate. Concepts such as 5G, the Industrial Internet of Things (IIoT) and artificial intelligence (AI) can drastically decrease equipment downtime by as much as 50% and increase overall equipment effectiveness by a double-digit percentage.
“The next generation of manufacturing will use digital technologies to connect every machine on the plant floor, collect data streams and analyze that information in real time to improve efficiency, increase safety, and reduce energy and water usage,” said Oseid Faqih, Industrial Automation VP, Schneider Electric. “Obeikan is a leader in this space, and ODS is a highly respected name thanks to the number of digital transformation projects they’ve undertaken. This partnership will hasten the Kingdom’s growth into a manufacturing hub for the entire region.”
“Digital technologies will account for a significant portion of economic value over the next decade, a fact recognized by policies such as the UAE’s Operation 300bn and the second phase of Saudi Arabia’s Vision 2030, which was initiated in 2020. The force multiplier effect of AI, IIoT and cloud computing is already beginning to pay productivity and financial dividends for the industrial sector and AVEVA’s partnership with Obeikan Digital Solutions will elevate these efficiencies for sustainable and equitable growth across the region by synergizing digital solutions from AVEVA’s portfolio with the advanced skills of implementation available with ODS inside Saudi Arabia and the wider Middle East,” said Dr Tariq Aslam, Head of MEA, AVEVA.
About Obeikan Investment Group
Obeikan Investment Group (OIG) is a family-run business, founded in 1982 by the Obeikan family with headquarters in Riyadh. OIG has operations across Middle East Africa and Europe with a strong foothold in manufacturing, packaging, education, and health care. On top of being the leading provider of fully integrated packaging solutions in the region, OIG had a growing focus on digital transformation providing B2B, B2C and B2G business and industrial solutions.
For more information please visit: www.obeikan.com.sa
About AVEVA
AVEVA, a global leader in industrial software, drives digital transformation for industrial organizations managing complex operational processes. Through Performance Intelligence, AVEVA connects the power of information and artificial intelligence (AI) with human insight, to enable faster and more accurate decision making, helping industries to boost operational delivery and sustainability. Our cloud-enabled data platform, combined with software that spans design, engineering and operations, asset performance, monitoring, and control solutions, delivers proven business value and outcomes to over 20,000 customers worldwide, supported by the largest industrial software ecosystem, including 5,500 partners and 5,700 certified developers. AVEVA is headquartered in Cambridge, UK, with over 6,000 employees at 90 locations in more than 40 countries. For more details visit: www.aveva.com
Copyright © 2021 AVEVA Solutions Limited. All rights reserved. AVEVA Solutions Limited is owned by AVEVA Group plc. AVEVA, the AVEVA logos and AVEVA product names are trademarks or registered trademarks of AVEVA Group plc or its subsidiaries in the United Kingdom and other countries. Other brands and product-names are the trademarks of their respective companies.
About Schneider Electric
Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On. Our mission is to be your digital partner for Sustainability and Efficiency.
We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.
We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.
For more information please visit: https://www.se.com/ae/en/
by marketing | Feb 18, 2021 | News
(Riyadh – February 2021)
Elm, a pioneering company in digital solutions, has invested a stake in “Madar” entrepreneurial company, an affiliate of Obeikan Investment Group, which provides an innovative digital platform for managing logistics business, as part of its plan to support the entrepreneurial environment in the Kingdom.
Elm CEO, Dr. Abdul-Rahman bin Saad Al-Jadhi, said this move shows the company’s continuous pursuit of growth through alliances and acquisitions of entrepreneurial and creative companies, wholly or partially, and forming strategic relationships with them. The move also aims to achieve financial returns in line with the strategy of “Elm”, which seeks to contribute to building a local entrepreneurial ecosystem.
Dr. Al-Jadhi added that the company’s contribution will be through sharing capital and providing support for technical and practical expertise to ensure business sustainability in these pioneering projects. He pointed out that these investments, which the company is working on, contribute to creating a promising investment environment to support entrepreneurs in various technical fields and secure exit opportunities for founders in entrepreneurial companies.
Eng. Abdullah Al-Obeikan, CEO of Obeikan Investment Group, said: “In line with our group policy as a pioneering institution in digital transformation, which promotes industry and advances digital transformation in the Kingdom, we have developed the innovative digital platform “Madar”. It will be an integrated solution for managing supply chains, linking local companies and freight forwarders, which enables a comprehensive control in all stages of overall logistics services operations. This is achieved through the integration between automated vehicle tracking services, resource planning, and advanced systems features. The app allows tracking of shipments and electronic proof of delivery efficiently and safely, thus providing a complete control of performance, allowing monitoring and changing of quality standards, controlling costs, and developing companies’ operations.
“Madar” company provides many distinctive significant services. These include managing shipments and logistics processes for customers, by controlling scheduling and tracking of shipments through notifications in all stages of the transport process. Besides, the platform allows for selection among several shipping service providers, which enables managing the shipping process smoothly and accurately at the lowest possible cost. The company serves many major companies in the Kingdom, including Obeikan Investment Group that owns Madar as well as Saudi Aramco, and United Sugar Company.
Obeikan Investment Group, the largest Company operating in the manufacturing field, is a pioneering company in the field of digital transformation in the Kingdom and the Middle East. The Company develops software and digital applications in all industrial and commercial fields. It has developed and implemented many integrated digital solutions to manage manufacturing processes, supply chains, account management, and human resources. It utilizes the latest smart solutions available globally and best-in-class robotic systems.
It is noteworthy that “Elm” aims to contribute to accelerating economic growth through digitization processes. It is also working to present a road map and a clear plan that adopts necessary investment and cooperation as an approach to diversify the economy. This will create future opportunities to promote the development of small and medium enterprises and open new economic possibilities for a sustainable economy in the long term.