Saudi Aramco, one of the world’s leading integrated energy and chemicals companies, has signed a non-binding Memorandum of Understanding (MoU) with Samsung Electronics in order to localize industrial 5G communication networks.
Furthermore, this collaboration aims to facilitate digital transformation in Saudi Arabia, according to the statement.
The proposed collaboration intends to contribute to the digital transformation of various industrial sectors in Saudi Arabia, such as energy, petrochemical, and manufacturing, by leveraging advanced 4G and 5G technologies capable of providing secure, fast and reliable communications to satisfy business critical requirements of industries.
The companies aim to help realize advanced industrial 5G use cases with mission critical communications.
“It follows the recent launch of Aramco Digital Company, which aims to accelerate digital transformation within the Kingdom, and the Middle East and North Africa (MENA) region,” as per the reports.
Earlier this year, Saudi Aramco signed Digital Master Service Agreement with CNTXT, a leading provider of cloud and digital transformation solutions in Saudi Arabia.
The agreement will enable Saudi Aramco to further utilize Cognite Data Fusion, the leading Industrial DataOps platform, and accelerate the development and deployment of digital use cases by leveraging CNTXT digital services. To support this partnership, CNTXT has launched a large-scale digital program to accelerate its work and drive innovation.
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