GE (NYSE: GE) has signed a ground breaking partnership contract in the Kingdom of Saudi Arabia with Obeikan investment Group, among the largest diversified business entities in the Kingdom with greater than 20 factories concentrated on packaging, paper, plastics, glass, to name a few, across the Middle East, Africa & Europe. GE will partner with the Group to offer innovative digital modern technologies, changing key factory into smart factories.

Noting GE Digital's regional growth into the Food & Beverage (F&B) and Customer Package Product (CPG) markets, the partnership will sustain the digitization of Obeikan centers and past. Originally, two Obeikan plants will certainly be digitally transformed, with the potential to scale and transform the group's other plants throughout the Middle East, Africa & Europe in the future.

This conversion will bring the Group unprecedented efficiency of performance and efficiency, leveraging GE Digital's Dazzling Production services. Solutions to be released- and powered by Predix, GE's platform for the Industrial Internet - include Digital replica, a digital reproduction of physical assets; Asset Performance Management (APM), enabling more smart procedures through a complete sight of properties and anticipating analytics; and ServiceMax, a cloud-based field service management (FSM) solution.

Presently, data from Obeikan's factories is collected and saved in numerous data sources. Utilizing GE Digital's Great Production remedies makes it possible for suppliers making precise, real-time choices with data-driven insights, thus maximizing procedure performance. These solutions are the digital technology behind smart manufacturing facilities, linking all aspects of a facility into an intelligent system, using information and analytics to allow for notified, accurate decisions.

Eng. Abdallah Obeikan, Chief Executive Officer of Obeikan investment Group, stated: "The practical application of GE's digital commercial services was highlighted at GE's Saudi Arabia Minds + Maker occasion in October 2016. We were energized by the potential for development and enhanced performance that GE's solutions can provide. Transforming our factories right into smart manufacturing facilities will allow us making gains in regards to efficiency, reduce expenses and achieve producing excellence. We firmly believe that digitization of our possessions is the key to worth production, sustainability and elevating our client treatment services - and we will continue to discover digital commercial options that enable us to attain also higher development in the Kingdom and the region."

Ali Saleh, VP and Chief Commercial Officer, GE Digital MEA, said: "Our partnership with Obeikan is path-breaking as it notes the very first regional application of GE Digital options in the F&B and CPG markets. While our digital solutions currently discover considerable release in the energy, oil & gas, and aeronautics sectors, functioning as a partner with Obeikan Group offers numerous possibilities for both companies to enhance industrial outcome in new verticals. This straightens with the goals of Saudi Vision 2030 to additional expand and diversify the production industry. Obeikan is a leader in its organisations, and the application of digital commercial solutions will assist accomplish more powerful business end outcomes.

Hisham Albahkali, GE's President & CEO for Saudi Arabia and Bahrain, stated: "GE is partnering with the Kingdom in owning digital industrial transformation, and has actually authorized several agreements that will promote local industry. This underscores our dedication to supporting the goals of Saudi Vision 2030 to drive economic and commercial diversification. Our brand-new agreement with Obeikan Financial investment Group marks a new landmark for us as it strengthens the application of our Industrial Internet services for new business verticals."

The agreement will certainly be executed with a phased approach. The very first will focus on centralized information collection, adhered to by the implementation of a manufacturing implementation system. The phases that comply with will include the digitization of organizing, dashboards, property performance, and supply, among others. GE Digital will certainly likewise introduce its sophisticated collection of digital options targeted at enhancing process performance, process renovation, and improved levels of productivity. GE will work with Obeikan to turn out total training programs on all new modern technologies, to completely center and encourage the companys employees.

Obeikan Group, as a leader in the regional product packaging industry, has the distinctive abilities of making excellence alongside advanced innovation systems. Obeikan and GE will certainly partner to offer GE Digital solutions integrated with Obeikan's production excellence expertises to regional industry leaders, to enhance their efficiency and competitiveness via the advancement of people, converting analog properties right into smart assets, digitizing standard operating procedures, and property performance monitoring, to name a few, thereby taking regional manufacturing capabilities to new heights.

GE introduced its advanced digital capacities in the Kingdom with several spots collaborations announced in 2015. With a presence of over 80 years, three offices and seven facilities, Saudi Arabia represents the largest GE labor force between East with over 2,000 staff members driving the Aeronautics, Digital, Medical care, Oil & Gas, Power and Transportation businesses.