TWTG and Aramco Sign MoU Aiming to Accelerate Digital Transformation with NEON IoT Sensors
2024-02-21 TWTG Press Release Aramco Agreement
Rotterdam, 21 February 2024 – TWTG, the Dutch pioneer in Industrial Internet of Things (I-IoT) solutions, and Aramco, one of the world’s leading integrated energy and chemicals companies, have taken a significant stride toward advancing Aramco’s digital transformation of Saudi Arabia’s industrial landscape. At the Global Industrial Internet of Things Summit (GIITS) in Dammam, the two companies signed a Memorandum of Understanding (MoU), heralding a transformative collaboration.
Aramco, known for its pivotal role in the global oil and gas industry, is embracing digital transformation as a means to enhance operational efficiency, prioritize safety, and reduce its carbon footprint. To spearhead this journey, the company established a subsidiary dedicated to designing and deploying cutting-edge digital solutions. Their objective is clear: harness the latest Fourth Industrial Revolution technologies to optimize operations and drive smarter work practices.