Schneider Electric and Cisco hold the “Digital Transformation in the Era of IoT” event

Schneider Electric, the global specialist in energy management and automation, and Cisco, a worldwide technology leader, hosted the “Digital Transformation in the Era of IoT” event in Riyadh, targeting major CTO and CIO players in the Kingdom.

The event highlighted the disruption, challenges and opportunities present in the era of digital transformation the Kingdom is currently undergoing. Schneider Electric shared its vision and strategy in driving this transformation forward. The two companies discussed Internet of Things (IoT) innovations that will act as the engine of this journey.

Saudi Arabia is adopting a government digital transformation as part of its Saudi Vision 2030. This move is being made particularly because the Kingdom is aiming to significantly reduce its dependence on oil. Major entities such as Schneider Electric and Cisco are partnering up in order to support this transformation. By combining their expertise, knowledge and resources, these companies will majorly contribute in Saudi Arabia’s journey.

Schneider Electric France’s CTO, Nicolas Leterrier, who was a main speaker at the event, said: “We are very proud of Schneider Electric’s services and presence in the Kingdom. It has established a trust throughout the Saudi Arabian government and will work side by side with various entities to implement Saudi Vision 2030, particularly digital transformation. We have been partners with Cisco for many years, and have accomplished various projects of high importance here in the Kingdom. However, this is one of the greatest projects and we look forward to moving forward and being an active part in shaping the future of Saudi Arabia’s digital transformation.”

Haytham Alohali, Managing Director of Cisco Saudi Arabia, commented: “Digitization has the potential to ignite substantial and positive impact across all areas of society by accelerating GDP growth, creating new jobs, and building a sustainable innovation and entrepreneurial ecosystem. We at Cisco are very proud of the role we are playing as the nation’s digitization partner and we are very excited to join forces with Schneider Electric and drive a stronger message on the vitality and importance of digitization for the Kingdom.

The digital transformation program can be considered a subset of an entire economic transformation. With the Kingdom moving towards diminishing its reliance on oil, the technology sector will now need to thrive and be one of the main supporters of the economy. With the support of leading worldwide companies such as Schneider Electric and Cisco, the Saudi government will achieve Saudi Vision 2030’s goals.