Technology
AVEVA-IMD report: 74% of industrial leaders want digital networks, but only 27% share data
Global energy and industrial companies are racing to build connected digital networks for a more resilient and secure future, but a vast execution gap driven by legacy technology and weak governance is stalling progress. According to a landmark report by AVEVA and IMD, while 74% of leaders in such companies consider digital ecosystems a top strategic priority, only 27% report sharing data substantially with ecosystem partners. According to the report, the gap between ambition and execution lea..
Emerson and Aramco deploy scalable AI solution for higher refinery yields and efficiencies
Emerson has announced the successful deployment of a globally scalable AI-driven optimisation solution for Aramco. The collaboration between the automation leader and one of the world’s leading integrated energy and chemicals companies is designed to measurably improve planning and operational efficiency across global refining operations.
ASMO begins construction of its 1.4m sqm. SPARK logistics hub with Arcapita
ASMO, a joint venture between Aramco and DHL, is building its first logistics hub at King Salman Energy Park (SPARK) to establish long-term logistics infrastructure serving Saudi Arabia’s energy and industrial sectors.
