Plug and Play Abu Dhabi and Abu Dhabi Investment Office, the government entity enabling investment in the capital, have officially announced their final list of founding partners for the Industry 4.0 open innovation platform in Abu Dhabi.
The two organiations announced the launch of their first-of-its-kind Industry 4.0 open innovation platform focused on boosting Abu Dhabi’s industrial innovation capabilities and attracting high-calibre tech startups in mid of third quarter this year. This was followed by an announcement welcoming Abu Dhabi Ports Group (ADP), the region’s premier facilitator of logistics, industry and trade, as the first founding partner.
The strong combined efforts from Plug and Play Abu Dhabi and ADIO have led to an outstanding set of an additional eight founding partners joining the Industry 4.0 open innovation platform.
The latest founding partners to join the first Industry 4.0 Platform are Strata Manufacturing; a wholly owned company by Mubadala Investment Company with the aim to advance the aerospace sector in Abu Dhabi; Emirates Global Aluminium, the world’s largest premium aluminium producer and the largest industrial company in the United Arab Emirates; BRF, one of the largest food companies in the world; Eaton, a global technology leader in power management solutions; Red Bull Advanced Technologies, the high performance vehicle engineering division of the Red Bull Racing Formula 1 Team; Gazprom Neft, Russia’s leading oil producer; Giffin Al Jazira Industrial Group, a firm that delivers complete signage solutions for the development of Abu Dhabi and Al Dahra, a UAE-based international conglomerate, specialising in the agribusiness.
As part of the platform’s mission, Plug and Play Abu Dhabi and ADIO have worked with some of the founding partners to define key tech challenges and innovation bottlenecks that will be solved by seven high-calibre global startups selected to be part of the open innovation platform.
The tech challenges agreed upon collectively were Industrial IoT; Vehicle Electrification & Charging; Warehouse Automation; Predictive Analytics & Maintenance; Last-Mile Delivery and Low Carbon Vehicle Solutions & Integrations.
To ensure the success of this platform Plug and Play Abu Dhabi and ADIO will also help in accelerating the deployment of innovative pilots, tech integrations and new products that enable Abu Dhabi’s industrial revolution.
The leading array of founding partners will also support in ensuring the Industry 4.0 open innovation platform creates a unified marketplace and forum to foster collaboration and knowledge exchange across major industrial avenues and exceptional technology startups, bringing real value and solutions to Abu Dhabi.
Monira Al-Kuttab, Executive Director, ADIO, said: “Abu Dhabi’s focus on innovation has been the driving force behind our strong progress in developing impactful, cutting-edge technologies that can be deployed globally. ADIO is partnering with a world-class enabler Plug and Play Abu Dhabi and other leading entities from around Abu Dhabi to further boost innovation by taking support for companies to another level.
“Our partnership will enable companies from a range of sectors to access the tools and information they need to thrive in the industries of the future.”
Babak Ahmadzadeh, Managing Director, Plug and Play Abu Dhabi, said: “In addition to ADIO and Abu Abu Dhabi Ports Group (ADP), we are proud to welcome the newest eight local and global entities joining us as founding partners of the Industry 4.0 Open Innovation Platform to help drive the UAE’s 4th Industrial Revolution.
“Such a platform has not yet been started in the MENA region, and we are incredibly excited about its potential. We hope to drive real innovation and prosperity in major economic drivers of the Emirates such as manufacturing, logistics, sustainability, food security and more through meaningful collaborations with exceptional tech startups and forwarding-thinking corporate and government entities here in the UAE.”
Plug and Play Abu Dhabi and ADIO will continue to make strides in establishing a stronger Industry 4.0 journey for UAE and the emirate of Abu Dhabi that will bring real value and solutions to areas such as supply chain management, manufacturing, storage, telecommunications, maintenance, mobility, logistics, energy, construction and real estate.
