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Saudi Aramco - Digital Transformation Strategies

Publisher GlobalData
Published Dec 12, 2023
Length 36 Pages
SKU # GBDT18414090

Description

Saudi Aramco - Digital Transformation Strategies


Summary

This report provides insight into Saudi Aramco's digital technology activities, including its digital transformation strategies, its technology centers, its technology initiatives, and its estimated ICT budget.

Saudi Arabian Oil Co (Saudi Aramco) is a state-owned energy and chemical company. It carries out the exploration, production and processing of crude oil and natural gas, refining, fractionation of natural gas, production of petrochemicals, and distribution of petroleum products and natural gas. The company operates wholly-owned domestic refineries and has interests in joint venture refineries with international partners. Saudi Aramco operates through a network of pipelines, bulk plants, air refueling sites, and terminals. The company also operates power plants and associated transmission and distribution facilities in the Kingdom of Saudi Arabia. The company has subsidiaries and joint ventures across the Americas, Europe and other regions. Saudi Aramco is headquartered in Dhahran, Eastern Province, Saudi Arabia.

Scope
  • Aramco is leveraging data collected from its facilities through sensors and applying AI and machine learning algorithms to derive meaningful insights that helps in optimizing operational capabilities.
  • Saudi Aramco is focusing on digital innovation to recognize, develop, and implement new strategic technologies. For instance, it has been leveraging big data solutions in its upstream business ranging from operational predictive analytics to text and sentiment analysis to draw meaningful insights.
  • Saudi Aramco is leveraging blockchain technology to standardize its business processes, increase efficiencies and reduce costs.
Reasons to Buy
  • Gain insights into Saudi Aramco's digital transformation operations.
  • Gain insights into its innovation initiatives.
  • Gain insights into its technology themes under focus.
  • Gain insights into its various product launches, and partnerships.

Table of Contents

36 Pages
Overview
Digital Transformation Strategy
Accelerators, Incubators, and Other Innovation Programs
Technology Focus
Technology Initiatives
Venture Arm: Saudi Aramco Energy Ventures
Investment
Acquisitions
Partnership and Investment Network Map
ICT Budget and Contracts
Key Executives
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