Borsat Al Khaleej Live Support
07/05/2026 01:53 AST
Aramco and IBM announced their intended collaboration on opportunities to advance AI, agentic AI, automation, material science and other mutually agreed domains in the industrial sector.
The collaboration will focus on exploring the creation of practical, high-impact solutions, combining IBM's enterprise-grade technology platforms, consulting industry expertise and research innovation capabilities with Aramco's vast scale of industrial operations, extensive data assets, and energy-specific expertise and knowledge built over 90 years.
Together, the organisations will explore applications of AI, hybrid cloud, and advanced technologies across industrial and energy systems, including industrial AI use cases in mission-critical environments.
These efforts aim to leverage the organisations' complementary strengths to unlock greater value and accelerate innovation at scale.
The announcement was made at THINK Boston, IBM's event, in the presence of Arvind Krishna, Chairman and Chief Executive Officer of IBM, Sami Al Ajmi, Senior Vice President of Digital & Information Technology at Aramco, along with senior executives and other distinguished guests from industry, the public sector, and academia.
Al Ajmi said: "Technology and innovation are central to Aramco's long-term strategy. This collaboration with IBM enables us to assess how industrial AI and other mutually-agreed domains can further enhance operational excellence and resilience, while reinforcing our leadership in Industrial AI-particularly in reliability, safety, and mission-critical environments."
"Combining Innovation and advanced technology represents the next frontier in enterprise transformation," said, Saad Toma, General Manager, IBM Middle East and Africa. "By collaborating with Aramco, we are exploring how emerging technologies are addressing some of the world's most complex industrial challenges, while reinforcing our shared commitment to continuous investment in innovation."
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| Ticker | Price | Volume |
|---|
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|---|---|---|
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