iTnews Asia
  • Home
  • News
  • Digital Transformation

Saudi Arabia to adopt Singapore-developed Industry 4.0 index

Saudi Arabia to adopt Singapore-developed Industry 4.0 index

It hopes to use index to kick start digitalisation of manufacturing.

By iTnews Asia Team on Jun 27, 2022 10:08AM

Saudi Arabia’s National Industrial Development and Logistics Program (NIDLP) has signed a partnership with the Singapore-based International Centre for Industrial Transformation (INCIT) to drive the adoption of the Industry 4.0 focussed and Singapore-developed Smart Industry Readiness Index (SIRI) throughout the middle east nation.

The SIRI was developed in partnership with a network of leading technology companies, consultancy firms, industry, and academic experts.

The SIRI comprises a suite of digital frameworks and tools to help manufacturers across all industries start, scale, and sustain their manufacturing transformation journeys.

It serves to support the adoption of Industry 4.0 technologies across manufacturing communities around the world.

SIRI covers the three core elements of Industry 4.0: process, technology, and organisation.

As of now, over a thousand SIRI assessments have been conducted globally across 37 countries.

INCIT is part of the World Economic Forum’s Global SIRI Initiative and was established in 2021 as a non-governmental and not-for-profit organisation to manage and coordinate the SIRI programme globally.

Maximising value

According to a statement, NIDLP aims to transform the Kingdom into a “leading industrial powerhouse and a global logistics hub” by maximising the value of its mining and energy sectors while “unlocking the full potential of local content and the 4th Industrial Revolution (4IR)”.

NIDLP contributes to driving the Kingdom’s economic diversification towards sustainable growth by fostering a “globally attractive investment environment”.

A spokesperson said that through this partnership, NIDLP aimed to adapt SIRI at several thousand production facilities across the country.

The adoption of SIRI across manufacturing facilities will significantly help NIDLP in their goal of developing a sustainable comparative advantage that will place the Kingdom at the forefront of investment attractiveness, the spokesperson added.

NIDLP CEO, Suliman Almazroua, said the partnership would see the opening of a training and certification centre in which the “Smart Industry Readiness Index - Assessor training courses and examinations were designed to develop a deep, understanding and prioritisation framework”.

The framework will increase awareness and set aspirations for manufacturers in digital transformation Almazroua said.

“We will assign local champions who will be multipliers to scale the Smart Industry Readiness Index in the country with experience in Industry, Government Ministry or Business Consultancy,” he added.

INCIT CEO, Raimund Klein, observed that there were many different industrial segments in Saudi Arabia, such as the manufacturing of mechanical equipment, metal, and mining, as well as processing of oil and gas and food and beverages.

“This makes Saudi Arabia an important market, especially after Covid where the disruption of the supply change will create a new normal – after the great reset this will be led by countries focusing on the speed of the digital transformation of their manufacturing industry,” Klein said.

To reach the editorial team on your feedback, story ideas and pitches, contact them here.
© iTnews Asia
Tags:
digital transformation government incit index industry 40 nidlp saudi arabia siri

Related Articles

  • Japan’s Nissin Foods integrates data to transform operations
  • Thailand’s Roojai unifies operations, nearly doubles sales per agent
  • Strategies for companies to overcome struggles in data management
  • How regenerative and responsible AI can power transformation
Share on Twitter Share on Facebook Share on LinkedIn Share on Whatsapp Email A Friend

Most Read Articles

Thailand’s Roojai unifies operations, nearly doubles sales per agent

Thailand’s Roojai unifies operations, nearly doubles sales per agent

Strategies for companies to overcome struggles in data management

Strategies for companies to overcome struggles in data management

Fragmented systems costing Singapore USD 1 billion a year

Fragmented systems costing Singapore USD 1 billion a year

Singapore’s healthtech agency to enhance data and AI platforms

Singapore’s healthtech agency to enhance data and AI platforms

All rights reserved. This material may not be published, broadcast, rewritten or redistributed in any form without prior authorisation.
Your use of this website constitutes acceptance of Lighthouse Independent Media's Privacy Policy and Terms & Conditions.