The UAE’s Ministry of Industry and Advanced Technology (MoIAT) has entered into a partnership with the German multinational conglomerate corporation, Siemens to accelerate the digitization of the country’s industrial sector and develop a strategic roadmap to implement Industry 4.0 frameworks.
As part of the partnership deal, by the end of 2022, MoIAT and Siemens will assess 200 industrial companies in the UAE for their digital maturity, the ministry said in a statement, adding that more than 70 industrial companies in the country have already been assessed on their digital maturity.
The partnership between MoIAT and Siemens will support the objectives of the ‘UAE Industry 4.0’ program to raise industrial productivity by 30 percent and add about $6.8 billion to the national economy over the next decade.
“The program will equip our industrial companies with essential insights on their digital maturity and offer practical frameworks and tools to accelerate their transformation journeys. By joining forces with Siemens, we are gearing up to elevate our local industrial capabilities and shape a future industrial landscape that is as sustainable as it is productive and profitable. At a time when the industry is transforming faster than at any period in history, partnerships such as this hold the key to unlocking a new era of smart industrial growth.”
Mr. Roland Busch, President and Chief Executive Officer of Siemens AG, said, “Our partnership will identify challenges and solutions in the UAE’s manufacturing sector, help ignite a broader adoption of Fourth Industrial Revolution technologies, and make industries more agile, productive and competitive.”
The UAE Industry 4.0 has been designed to help the country unleash its true economic potential by improving the use of deep learning, machine learning, artificial intelligence (AI), additive manufacturing, and the Internet of Things (IoT), into the value and supply chains that support the industrial sector.
The digital maturity assessment program will enable the country to determine its current baseline level for the adoption of Fourth Industrial Revolution (4IR) technologies across the country’s industrial sector. Further, it will identify sections within the sector that are ready for digital transformation to enhance performance and productivity and thus to boost the UAE’s global economic competitiveness.