Sep 14, 2023

Siemens Digital Industries Technology Conference in Saudi Arabia spotlights technologies that combine the real and digital worlds to help transform the Kingdom’s economy Press Release PHOTO Siemens announced a series of agreements with Saudi Arabian businesses and institutions at the Digital Industries Technology Day in Riyadh last week, emphasizing a shared commitment to accelerating digitalization and sustainability in multiple sectors with the aim of helping achieve the Kingdom’s Vision 2030. In collaboration with Giza Systems and solutions by stc, Siemens agreed to provide 5000 flow meters for agricultural farms operated by the Ministry of Environment, Water and Agriculture (MEWA). By installing these flow meters, MEWA will gain greater transparency on water consumption to optimize water supply, reduce wastage and boost the farms’ sustainability. Saudi Coffee Company, a Public Investment Fund company, and Siemens agreed to work together on building a smart factory in Jazan based on Siemens’ electrification, automation, and digitalization technologies, as well as introducing initiatives like carbon capture, renewable energy adoption, responsible waste management, and eco-friendly packaging. Mutlaq Al Ghowairi company and Siemens announced the award of two projects for NEOM ENOWA, to build and automate the water transmission pipelines from Gayal to Al Bada'a Reservoir and Magna; and from Al Bada'a to Lower Mountain and Visitor Center Reservoirs, contributing to ENOWA’s objectives in setting-up a sustainable and cost competitive water supply. Siemens also announced its collaboration with IT Belt to upgrade the national grids networking infrastructure with a resilient, reliable and secure solution. The Siemens Digital Industries Technology Day conference was attended by officials from Ministry of Industry and Mineral Resources, Saudi Industrial Development Fund, Saudi Water Conversion Corporation, National Water Company, Raqeem for Smart Solutions - Royal Commission for Jubail & Yanbu, Saudi Coffee Company, Cyberani, IT Belt, and other senior executives from the public and private sectors. Through a focus on automation, digitalization, and intelligent use of data, Siemens helps businesses optimize their production and operations processes, leading to reduced energy consumption, lower CO2 emissions, and overall cost savings. “Saudi Arabia is poised for a digital revolution with its national industrial strategy,” said Ahmad Hawsawi, the CEO of Siemens in Saudi Arabia. “Siemens is committed to supporting the Kingdom’s industries by combining the real and digital worlds to collect, understand and use data meaningfully, in order to empower our customers to increase productivity, sustainability, and flexibility.” -Ends- Siemens AG (Berlin and Munich) is a technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power. In fiscal 2022, which ended on September 30, 2022, the Siemens Group generated revenue of €72.0 billion and net income of €4.4 billion. As of September 30, 2022, the company employed around 311,000 people worldwide. Further information is available on the Internet at www.siemens.com . Send us your press releases to  pressrelease.zawya@lseg.com © Press Release 2023 Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release. The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk. To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.