Riyadh, [1st October 2024] – A leader in innovative solutions, SAMI Advanced Electronics Company, a SAMI Company, has executed a licensing agreement with Saudi Aramco Technologies Company (“SATC”), a wholly owned subsidiary of Aramco, to commercialize Raqeeb, a proprietary smart safety solution developed by Aramco.
Alarming global statistics on workplace incidents highlight the need for innovations like Raqeeb. According to the International Labor Organization, workplace incidents claim an estimated 2.78 million lives annually. With more than 7,500 fatal injuries and one million non-fatal injuries daily, the urgency for enhanced safety measures is evident. Raqeeb combines state-of-the-art Internet of Things (IoT) technology with artificial intelligence to provide safety coverage for workers in high-risk environments.
Eng. Ziad Al-Musallam, CEO of SAMI-AEC, said: “This licensing agreement with Saudi Aramco Technologies Company is a significant milestone in our mission to create safer workplaces. Raqeeb is designed to reduce the frequency and severity of workplace incidents, aligning with modern safety standards. Raqeeb is poised to be a game changer and would serve as a compelling example of how technology can enhance worker productivity and improve industry safety practices.”
Dr. Raed H. Abudawoud, CEO of SATC, commented: “This collaboration with SAMI-AEC marks an exciting step forward for us. The licensed technology will help to keep our teams safe and operations running smoothly. SAMI-AEC has a long history with SATC on various projects and is the ideal choice to commercialize Raqeeb. We are optimistic that Raqeeb will be successfully commercialized, within KSA and beyond.”
Developed using the latest Fourth Industrial Revolution technologies, the system connects every worker to SAMI-AEC's IoT platform through wearable technology and environmental sensors, ensuring continuous monitoring and immediate response capabilities. It has already been deployed at numerous locations in collaboration with Aramco, significantly reducing workplace incidents and improving operational productivity.
About SAMI-AEC
Established in 1988, SAMI-AEC has cemented itself as a leader in electronics, technology, engineering, and manufacturing, with services across sectors such as Defence and Aerospace, Digital, Energy, and Security. A robust workforce of over 3,450 individuals, among whom 85% are Saudi nationals, forms the backbone of this enterprise. Over 1,200 of these are engineers and certified experts, reaffirming SAMI-AEC's dedication to excellence and innovation.
About Saudi Aramco Technologies Company
Saudi Aramco Technologies Company is a wholly-owned subsidiary of Aramco, a leading global integrated energy and chemicals company driven by the core belief that energy is opportunity. Saudi Aramco Technologies serves as the research and licensing arm of Aramco, specializing in developing and providing downstream technology solutions in the refining and petrochemical areas.
-ENDS-