Schneider Electric, Obeikan in strategic partnership to promote electrification

February 18 09:08 2023
One of Saudi Arabia’s largest companies, Obeikan joins Schneider Electric’s global network to accelerate digital transformation, sustainability

Riyadh, Saudi Arabia – Obeikan Digital Solutions, a subsidiary of Obeikan Investment Group – one of the largest companies in Saudi Arabia – has partnered with Schneider Electric to digitize and electrify sustainable manufacturing.

As a new member of Schneider Electric’s global EcoXpert Partner Program, Obeikan will receive training and certification to equip industrial firms with energy management software EcoStruxure Power Monitoring Expert.

Designed to help power-critical industries augment energy management and make informed data-driven decisions, the software will help manufacturing companies in Saudi Arabia reduce their energy consumption and carbon footprint.

Mohammed Shaheen, Cluster President, Schneider Electric, Saudi Arabia and Yemen, said: “We are excited to welcome Obeikan Digital Solutions onto our industry-unique program of global EcoXperts. As a leader in energy management and industrial automation, we want to create impactful partnerships for an all-digital and all-electric world. This agreement will help deliver major benefits to industrial companies seeking to drive digitization and sustainability in line with the Saudi Green Initiative. It also reflects our uncompromising commitment to provide innovative solutions in technology and the way we do business.”

“Obeikan Digital Solutions has a vision of enabling the transformation of Saudi Arabia’s manufacturing capabilities through digitalization,” said Abdallah Obeikan, CEO of Obeikan Group. “Schneider Electric is one of our strategic partners and shares the same vision as us on how Internet of Things (IoT) and cloud computing can transform production plants to be smarter, more efficient, more productive and eventually more sustainable. Our aim is to accelerate innovation within the energy sector in the Kingdom.”

The EcoXpert Partner Program trains and certifies EcoXperts to serve as the implementation arms of Schneider Electric’s IoT-enabled smart architecture platform EcoStruxure for homes and buildings all over the world.

Through the partnership agreement, Obeikan Digital Solutions and Schneider Electric will collaborate to accelerate the digital transformation in critical power industries. Joining the program will enable the company to grow its business by embracing opportunities to pioneer the future of intelligent buildings, increasing market share and profitability.

Accelerating Saudi Arabia’s renewable future

The partnership is aligned with Saudi Arabia’s plans to develop ten new renewable energy projects as the country seeks to diversify its economy and boost reliance on cleaner fuels to power its growing industries.  It will also contribute to greater localization of talent and expertise which Schneider Electric is contributing with new partnership agreements with local companies to promote sustainability in homes, buildings, data centres, infrastructure and industries.

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On. Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

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