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NMDC Energy recognised as Industry 4.0 Digital Leader by MoIAT

NMDC Energy recognised as Industry 4.0 Digital Leader by MoIAT
9 Aug 2024 17:36

ABU DHABI (WAM)

NMDC Energy, a subsidiary of NMDC Group, has been officially recognised and certified as an Industry 4.0 Digital Leader by the Ministry of Industry and Advanced Technology (MoIAT).

This distinction recognises NMDC Energy as a leader in the Fourth Industrial Revolution, leveraging state-of-the-art technologies to enhance operational efficiency, promote sustainable growth, and increase competitiveness within the UAE's industrial sector.

Industry 4.0 is a key pillar of Operation 300 billion, the UAE's ambitious plan to elevate its industrial sector's GDP contribution to Dh300 billion by 2031. This strategy aims to strengthen and diversify the nation's industrial capabilities, propelling economic growth and development.

NMDC Energy's recognition as an Industry 4.0 Digital Leader follows its exceptional performance across multiple departments in the rigorous Industrial Technology Transformation Index (ITTI) Assessment. Developed by MoIAT, ITTI is the region's first digital maturity tool to evaluate the adoption of advanced technologies and sustainable practices by manufacturing companies.

In addition, NMDC Energy's commitment to the National In-Country Value (ICV) programme has notably enhanced its ICV rating to 84.15 percent, reflecting substantial contributions to the UAE's economy through local manufacturing, services, and investments. This achievement highlights NMDC Energy's alignment with national goals of economic diversification and industrial capacity enhancement.

Yasser Zaghloul, NMDC Group CEO, said, "Being recognised as an Industry 4.0 Digital Leader by the Ministry of Industry and Advanced Technology is a testament to NMDC Energy's pioneering efforts in digital transformation and innovation. This certification underscores our commitment to leveraging cutting-edge technologies to not only enhance operational efficiency but also to drive sustainable growth and competitiveness within the UAE’s industrial sector."

Ahmed Al Dhaheri, CEO of NMDC Energy, said, “Our focus extends beyond technological integration. We are deeply committed to cultivating an innovative ecosystem and supporting the local industry. Strategic partnerships and investment in the UAE's talent pool are crucial components of our strategy. These endeavours not only propel the UAE's energy sector forward but also foster a resilient and self-sustaining industrial sector, continually generating new value and supporting the nation's economic diversification goals.”

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