Saudi Arabia’s National Digitization Unit (NDU) has signed a Memorandum of Understanding (MoU) with GE to drive digital industrial diversification and the application of innovative business models.
A statement said that this initiative is going to be supporting Saudi youth in becoming key partners in progressing the digital transformation of the Kingdom.
The deal was signed by Deemah Alyahya, Acting CEO of the NDU and Hisham Al Bahkali, President & CEO, GE Saudi Arabia & Bahrain, on the sidelines of the MISK Global Forum in Riyadh.
The the agreement will see GE train Saudi youth on ideas and concepts relating to the ‘Future of Work,’ empowering them with the advanced skills needed in digital and software development.
Alyahya said: “Tech-savvy Saudi youth play a defining role in achieving this vision. At NDU, we focus on promoting our national talent and helping build innovative digital business models that will establish Saudi Arabia as a pioneering digital nation.”
Through the MoU, NDU and GE will work towards supporting the diversification and digitization of emerging industries.
This will be accomplished through collaboration with customers in critical industries such as healthcare, water, and mining to conduct assessments, define areas for improvement, and identify digital solutions to move transformation forward.
The partners will leverage GE’s digital applications such as Asset Performance Management (APM) which tracks and optimizes assets, and ServiceMax which allows field service engineers’ time to be utilized more efficiently.
Concurrently, GE will host workshops shaped around the ‘Future of Work,’ GE’s framework for the skills of the future that focuses on advanced manufacturing, the Industrial Internet of Things, and open innovation.
GE’s digital experts in the Industrial Internet of Things will share their knowledge to help boost industrial interconnectivity, and create strategic collaborations with Saudi youth.
Al Bahkali said: “We will work with NDU to create a thriving digital ecosystem in the Kingdom that creates high quality jobs for youth, and supports the development of a high-value supply chain led by young Saudi entrepreneurs.”