It was element of the showcase of sustainability innovations that could allow residents and organizations to save time and funds on their utilities.
Schneider Electric, a leader in digital transformation of power management and automation, organised the occasion in partnership with Knowledge Oasis Muscat (KOM) and the French Embassy in Oman.
Many Omani innovators participated in the occasion held at the Knowledge Oasis Muscat.
In assistance of the Oman Vision 2020 nation-wide transformation agenda, Oman’s utilities providers are heavily investing in Internet of Things innovations that can allow intelligent utilities. Showing the robust marketplace chance, TechSci Research predicts that the GCC’s intelligent grids marketplace to triple to US$1.7bn by 2026.
“As Oman’s population and business sector grows, the government needs to ensure safe, reliable, and efficient utilities,” stated Nasser al Malki, acting director basic of KOM.
He added, “In partnership with Schneider Electric, we are digitally transforming with Internet of Things solutions that can predict and meet energy demand, and enable people to monitor and optimise their utilities usage in real-time.”
H E Salins stated, “French companies are playing a major role in Oman’s nation-wide digital transformation and economic development, with more than €500mn in bilateral trade. Energy and utilities is a major opportunity for French companies, such as Schneider Electric, to exchange best practices and support Oman’s utilities modernisation.”
Information Source: Muscat Daily