IOT Squared, the Saudi IT and Internet of Things service provider owned by the Saudi Public Investment Fund and stc Group, has signed a memorandum of understanding with Rockwell Automation, a global company specializing in industrial automation and digital transformation. The agreement aims to enhance joint cooperation in the field of information and communication technology and Internet of Things services, and to contribute to strengthening the Industrial Revolution 4.0 system.
IOT Squared was represented by Chief Executive Officer Eng. Othman Al-Dahesh, while Rockwell Automation was represented by Sebastian Grau, Regional Vice President – Middle East, Turkey and Africa, at IOT Squared headquarters. According to the memorandum, the two parties agreed to establish frameworks for cooperation in several areas, including contributing to the enrichment of The fourth industrial revolution system, discussing aspects of cooperation with regard to job opportunities in the industry in its fourth phase, as well as developing special solutions to accelerate the pace of digital transformation and establishing smart factories.
This agreement with Rockwell Automation Saudi Arabia aims to accelerate the pace of digital transformation in the industrial sector in line with the Kingdom’s vision, by supporting Internet of Things applications that enhance the operational efficiency of factories, Thus, raising the competitiveness and sustainability of the industrial sector, increasing its production capacity and the quality of its products, and consolidating the Kingdom’s position on the global map of the Fourth Industrial Revolution.Eng. Othman Al-Dahesh, CEO, IOT Squared
The strategic cooperation between Rockwell Automation and IOT Squared contributes to laying the solid foundations for a long-term relationship between the two parties. We are committed to supporting all our customers and strategic partners in Saudi Arabia to accelerate the pace of digital transformation and develop The industry system is in its fourth phase, and we are proud that Rockwell Automation is a partner in achieving the goals of the Kingdom’s Vision 2030.Mr. Hussein Al-Khater, CEO, Rockwell Automation Saudi Arabia
It is worth noting that the iot squared company was established in partnership between the Saudi Public Investment Fund and the stc group to enable Internet of Things technologies in the Kingdom, create new investment and job opportunities, and aims to equip the target sector to achieve the Fourth Industrial Revolution by enabling independent technologies, digital twins, sensors and other technologies. domain-specific advanced.