Riyadh, 27 March 2020: The Advanced Electronics Company (AEC) won the Excellence Award in the category of Best in Saudization in the Manufacturing Sector from the iktva Program by Saudi ARAMCO. The award was presented during the annual iktva Exhibition and Forum held in Dhahran Exhibition Center on 24 and 25 February 2020.
The iktva Excellence Awards recognize the efforts of the partners of Saudi ARAMCO who display continued outstanding performance in achieving local added value, which is part of the program adopted by ARAMCO. Award winners are considered role models for other companies through their contributions to supporting Saudi ARAMCO’s journey towards achieving its objectives, at the forefront of which is the localization of the supply chain by 70% and the increase of exports by 30% by the year 2021.
AEC’s winning of this award is a recognition of its efforts in supporting Saudi talents, as Saudis represent more than 80% of the company’s 1,200+ employees, including 300 trained, qualified, and certified Saudi engineers working across the company’s different departments.
AEC CEO Mr. Abdulaziz Al Duailej expressed his pride in this accomplishment, which represents the company’s directives to attract Saudi talents and develop their skills to build a professional national working team that supports and drives the company to the ranks of major global companies to fulfill the aspirations of the Kingdom’s leadership and realize the objectives of the Kingdom’s Vision 2030.
AEC is a Saudi leader in electronics, technology, and manufacturing. Established in 1988, it works in four main sectors: aerospace and defence, information and communications technology, energy and security.
Saudi ARAMCO and the Advanced Electronics Company (AEC) signed an agreement for the joint development and manufacturing of the data diode, the first-of-its-kind cybersecurity device in the Kingdom. The agreement took place in conjunction with the 5th edition of the In-Kingdom Total Value Add Program for the Supply Sector (IKTVA) organized at the Dhahran International Exhibition Center (Dhahran Expo) in Khobar on 24-25 February 2020.
The data diode is an important cybersecurity tool used to protect networks of vital establishments from cyber-attacks and prevent any external penetration, thereby protecting valuable information and sensitive industrial systems. The device is characterized by its easy installation, configuration, and maintenance, and its data processing speed reaches 10 GB per second.
On this occasion, Saudi ARAMCO Vice President of Information Technology Eng. Youssef Al Olayan stated: “The fact that this device is being developed and manufactured locally and that Saudi ARAMCO is registering two patents with the United States Patent and Trademark Office represents a major transformation in the field of cybersecurity. The fruitful collaboration between Saudi ARAMCO and AEC is a great step in the process of localizing advanced technologies that meet the needs of local and global markets.”
Al Olayan described IKTVA as one of the most prominent Saudi ARAMCO initiatives in driving the localization of industries and services and the enhancement of local content. Under the umbrella of IKTVA, the announcement of the launch of the local product is a fulfilment of the Kingdom’s key objectives to localize technologies and achieve self-sufficiency, in addition to building a solid foundation for future cooperation between companies locally.
AEC CEO Mr. Abdulaziz Al-Duailej noted: “This agreement expresses and strengthens the depth of cooperative relations between both companies by achieving national accomplishments that help protect the Kingdom’s assets from sabotage, cybersecurity threats, and foreign attacks.”
Al Duailej added that the data diode ensures the safe transmission of data to provide the highest levels of security for enterprise networks. He noted that it has been developed and manufactured by local talents, as it is one of AEC’s strategic objectives in the field of cybersecurity to realize the Kingdom’s Vision 2030. The company works through the security business unit to provide the best cybersecurity systems and solutions for government sectors and private companies.
Organized by Saudi ARAMCO, IKTVA hosts local and international energy supply chain companies, including AEC. It attracts influential executives and global industry leaders.
AEC is one of the leading local companies in designing cybersecurity solutions and enterprise security solutions that help clients respond to attacks and protect their material resources. The company offers solutions in four main sectors: defence and aerospace, communications and information technology, energy, and security.
As part of the strategic partnership between the Advanced Electronics Company and Qualcomm, a leading American company in the fields of designing and marketing telecommunications products and services, AEC received at its headquarters this afternoon Qualcomm’s global executive team in a delegation that included Yasser Al-Saied Head of Global IOT Platforms and Ecosystems; Harry Garlapati, Business leader for Smart Metering and Tracking Technologies.
AEC welcomed its guests in a visit to get acquainted and explore the services, solutions and capabilities provided by both companies, and to explore ways of cooperation in the fields of IoT, Smart Meters, and 5G technology.
As part of the visit program the delegation toured AEC’s factory and the joint team discussed future means of cooperation and enhancing communication between the two companies, which will contribute to developing Saudi competencies and enhance the presence of AEC in the local market as one of the most important enablers for digital transformation and one of the largest incubators for training Saudi talents.
Riyadh, January 21, 2020: During the Riyadh Economic Forum events, which was launched under the gracious patronage of the Custodian of the Two Holy Mosques King Salman bin Abdul Aziz Al Saud, may Allah protect him, the Prince of Riyadh, HRH Prince Faisal bin Bandar bin Abdul Aziz, may Allah preserve him, honoured the Advanced Electronics Company as the platinum sponsor of the forum, recognizing its pioneering efforts in accelerating the Kingdom's economic growth and attracting and qualifying the Saudi talents, in line with the objectives of the Vision 2030.
AEC's participation in the 3-day significant forum held at Hilton Hotel in Riyadh is a real indication of the immense roles deployed by the private sector companies in Saudi Arabia to help support the Kingdom's march towards achieving the sustainable economic development goals. The participation also demonstrates the AEC's unwavering endeavours in the sector of transformational industries as a key player in realizing the goals of the Vision 2030, contributing in the integrated national system to support the local content, improving the GDP, as well as empowering Saudi youth by providing them with job opportunities so they may contribute to the best of their abilities in a way that moves in line with the Vision 2030 and with the aspirations of the Kingdom's leadership. All of these efforts are geared towards diversifying the national economy by providing valuable oil-exporting alternatives to help the Kingdom stay competitive.
On the other hand, Mr. Abdulaziz Al-Duailej, CEO of Advanced Electronics Co., expressed his pride and happiness on such a millstone recognition which affirmed the Kingdom's appreciation of the AEC’s untiring efforts to provide highly developed services and solutions that contribute to achieving the Kingdom's ambitious goals. This includes localization of 50% of the military and security spending, generating new job opportunities in compliance with the 2030 vision, and promoting the industry sector as a qualitative catalyst to further enhance the Kingdom economic stability, regionally and globally.
Al-Duailej looks at the AEC participation as unique opportunity for specialists and stakeholders to learn more about the role attained by AEC to achieve the sustainable development and move the economy ahead, in addition to supporting the localization policy and recruiting and training the Saudi nationals, in line with the aspirations of the vision. He pointed out that AEC is keen to assign the leadership positions to qualified and trained Saudis who have proven successful outcomes in the implementation and supervision of major vital projects executed by AEC, which in turn proved the company's adept capabilities and excellence showcased within an effective economic and security system entrusted by the Kingdom to push ahead the country's development and help achieve the current and future plans.
Founded in 1988, The AEC focuses its activities in 4 major sectors including defence and space, communications and IT, and energy and security. The company is currently run by more than 2,100 highly skilled multinational staffs, of whom more than 80% are Saudis, and among whom are more than 300 trained, qualified and certified Saudi engineers who work in the company's various departments.
Riyadh, Saudi Arabia, 12 December 2019: The Advanced Electronics Company (AEC) participated in the 9th Saudi Arabia Smart Grid Conference (SASG 2019) held at the Ritz Carlton in Jeddah on 10-12 December. More than 2,500 participants and 70 exhibitors from the Kingdom and abroad took part in the conference to promote their products, services, ideas, and businesses.
AEC participated at the conference due to its role as an energy manufacturing leader that offers innovative and integrated smart energy solutions. The conference, which is one of the leading events in the region, helps promote the company’s presence in the network of smart grids.
Participants and visitors interested in smart grid solutions were impressed with AEC’s solutions and technologies, that showcased its latest developments in Smart Meters, Universal Substation Meters, and Advanced Metering Infrastructure.
AEC is known as the designer, developer, and manufacturer of smart meter technologies that offer an integrated approach to energy consumption, enable consumers to track the consumption of their facilities and reduce operational costs for companies. These certified technologies, which are designed to suit local needs and conditions and are compliant with international standards.
During the event, AEC welcomed a number of senior officials and industry leaders to its stand, including His Excellency Eng. Osama Al-Zamil, Saudi Arabia’s Deputy Minister of Industry and Mineral Resources, and His Excellency Dr. Khalid Al-Sultan, President of King Abdullah City for Atomic and Renewable Energy.
Commenting on the participation, Abdulaziz Al-Duailej, CEO of AEC, said: "We were delighted to be present at the 9th Saudi Arabia Smart Grid Conference, a gathering for decision-makers and leading smart energy companies, and a great opportunity to meet regional and international partners and share insights into current trends. The conference was an additional strategic platform through which we showcased our latest technologies and systems in the fields of energy and the latest developments in the technology of Smart Meters, and Universal Substation Meters. Thanks to the remarkable response that our exhibition has received from customers, stakeholders and strategic partners, we have increased our determination to provide more solutions that meet the expectations of our customers, and enhance the company's role in leading the processes of localization, manufacturing and technology transfer in the Saudi energy sector in line with the goals of Vision 2030.”
During the Saudi Arabia Smart Grid Conference, AEC welcomed a number of senior officials and industry leaders to its stand, including His Excellency Eng. Osama Al-Zamil, Saudi Arabia’s Deputy Minister of Industry and Mineral Resources, and His Excellency Dr. Khalid Al-Sultan, President of King Abdullah City for Atomic and Renewable Energy where they were introduced to AEC’s latest products including its Smart Meters (ADDAD), Universal Substation Meters (USM) and Advanced Metering Infrastructure (AMI).