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Subject FutureMain Showcases Advanced IIoT Tech at GIITS 2023 Hosted by Saudi Aramco Date 23-11-16 17:07
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FutureMain Showcases Advanced IIoT Tech at GIITS 2023 Hosted by Saudi Aramco

-      Key IIoT Event Sees Participation from Six Middle Eastern Countries.

-      Korea Software Industry Association (KOSA) and Megazone Cloud initiated project to foster the growth of Korean companies in the Middle Eastern market.

-      FutureMain will showcase their Predictive Maintenance Solution for Machinery, ExRBM, and explore business opportunities in the Middle Eastern market.

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<Image of GIITS official registration homepage.>

 Smart Factory Predictive Maintenance solution for machinery experts FutureMain (CEO: Sunhwi Lee) is participating in Saudi Arabian Aramco hosted IIoT exhibition GIITS (Global Industrial Internet of Things Summit) from November 20th.

GIITS, held at the Dhahran Expo in Saudi Arabia, is an event for Middle Eastern Industrial Internet of Things (IIoT) industry leaders, experts, and end-users to gather to discuss IIoT trends and promote the technology ecosystem. Hosted by Saudi Arabian state-owned petroleum company Saudi Aramco, this event brings together governmental, organizational, and oil and gas industry company representatives from six Middle Eastern countries including Saudi Arabia, Kuwait, Bahrain, Qatar, United Arab Emirates and Oman. Furthermore, approximately 70 exhibiting companies from around the world along with more than 2,000 visitors are forecasted to join, fostering discussions on IIoT technology exchange and collaboration.

As a part of the ‘2023 Middle East Market Development Project for Global Cloud-based IIoT Software’ organized by the Korea Software Industry Association in October this year, FutureMain has been selected as an open innovation company in collaboration with Saudi Aramco.

 

FutureMain will exhibit its cloud-based IIoT software predictive maintenance solution, ExRBM, designed for optimal management of machinery at the open innovation initiative GIITS organized by Megazone Cloud, Aramco Asia and Korea Software Industry Association. This event provides a promising opportunity to promote the technical capabilities of ExRBM to Middle Eastern companies in the oil and gas industry, as well as end-users. Furthermore, FutureMain plan to use this opportunity to strengthen their Middle East market-entry strategy by engaging in business networking activities. By automatically detecting early stage faults in advance and providing a diagnosis to the machine manager the AI-based predictive maintenance solution ExRBM allows for optimal asset management with the help of live monitoring of factory machinery.

 

CEO of FutureMain, Sunhwi Lee said “We successfully completed a PoC with Saudi Aramco earlier this August, proving the reliability of ExRBM. Now, we are preparing for the pilot project scheduled next year”. He also mentioned that “FutureMain plan to actively pursue business expansion in the Middle East region by meeting directly with end-users in different industries, including the oil and gas, at this IIoT exhibition hosted by Saudi Aramco”.

 

 

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https://www.gukjenews.com/news/articleView.html?idxno=2854436