NMDC Energy, a subsidiary of NMDC Group, announced in a statement that it has been recognized and certified as an Industry 4.0 digital leader by the Ministry of Industry and Advanced Technology (MOIAT).
NMDC Energy was recognized as the digital leader of Industry 4.0
news agency wam , 10 Aug 2024 - 13:34
NMDC Energy, a subsidiary of NMDC Group, announced in a statement that it has been recognized and certified as an Industry 4.0 digital leader by the Ministry of Industry and Advanced Technology (MOIAT).
According to Amac News: The announcement states that this distinction recognizes NMDC Energy as a leader in the fourth industrial revolution, which uses advanced technologies to increase operational efficiency, promote sustainable growth and increase competitiveness in the UAE's industrial sector.
Industry 4.0 is the key pillar of the 300 billion operation, the UAE's ambitious plan to increase the share of its industrial sector's GDP to 300 billion dirhams by 2031, and the strategy aims to strengthen and diversify the country's industrial capabilities, growth and economic development. is
NMDC Energy's recognition as an Industry 4.0 digital leader follows its exceptional performance in several sectors in the rigorous assessment of the ITTI Industrial Technology Transformation Index.
ITTI, developed by MoIAT, is the region's first digital maturity tool to assess the adoption of advanced technologies and sustainable practices by manufacturing companies.
NMDC Energy's commitment to the National Intrinsic Value Program (ICV) has significantly increased its ICV rating to 84.15%, indicating significant contributions to the UAE economy through local production, services and investment. This achievement highlights NMDC Energy's alignment with national goals of economic diversification and increased industrial capacity.
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