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Aramco, one of the world’s largest integrated energy and chemicals companies, and AVEVA, a global leader in industrial software, driving digital transformation and sustainability, have today announced their intention to form a strategic alliance. Focused on driving sustainability in the region through digital transformation, the partnership will help enable AVEVA to establish their largest digital hub, with an R&D capability, in the Middle East, headquartered in Saudi Arabia. This partnership will represent a significant investment for AVEVA which is also looking to create up to 300 high skill new jobs in the Kingdom by 2030.

This transformative and groundbreaking partnership is designed to foster a working relationship between the two companies in the deployment of various digital technologies including Artificial Intelligence (AI), Machine Learning (ML), and Data Management. AVEVA and Aramco aim to work together to unlock the benefits of these technologies in line with the Kingdom’s move towards industrial sustainability. One of the key focus areas of the partnership would be to utilize digital technologies to support the development and implementation of blue hydrogen and decarbonization facilities in Saudi Arabia in line with the Kingdom’s energy transition strategy. Another area in which the companies intend to work together is in the implementation of cutting-edge predictive analytics technology across Aramco’s operating facilities. This would be one of the largest deployments of such technology in the region and the main goal is to further improve the reliability, performance, and safety of Aramco’s operation.

A key offering for customers in the region through this new hub is intended to be AVEVA’s trademark Digital Twin technology which combines asset design and predictive analytics in order to create a fully integrated, real-time data visualization center that reveals functional insights, unlocks efficiencies, and identifies new pathways to optimize performance. The new hub, through its R&D capability, would contribute to enriching Saudi Arabia’s knowledge economy incorporating world-class research at prominent universities across the Kingdom.