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Aramco, IBM aim to set up innovation hub in Saudi Arabia

Aramco, IBM aim to set up innovation hub in Saudi Arabia
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Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) and IBM announced preliminary plans for a strategic collaboration to establish an Innovation Hub in Riyadh city.

The collaboration aims to support high-tech driven economic growth in Saudi Arabia leveraging emerging technologies in hybrid cloud, artificial intelligence (AI), and quantum computing to address objectives, including circular economy, materials science, supply chain, sustainability, security, and digitisation, according to a recent press release.

Aramco Senior Vice President of Technical Services, Ahmad Al Sa’adi, said: “The strategic collaboration of Aramco’s leadership with IBM’s enhanced technologies, R&D, and deep expertise, aspires to achieve potential breakthroughs in the energy sector that will have industry-wide impact.

Saad Toma, General Manager, IBM Middle East and Africa, stated: “This collaboration aims to help develop local skills and talent with the knowledge and expertise needed to build this vision for the future using IBM technologies and expertise.

The planned Innovation Hub aims to bring together IBM Consulting and Technology experts to work alongside Aramco experts in identifying novel and potentially impactful uses of technology, showcasing viability through an agile iterative approach, and then scaling these innovations. 

The hub is one of the region's first centres that will apply the IBM Garage methodology to co-create and co-develop digital solutions with Aramco and others in the region.