Obeikan Group launches a diversified portfolio of smart, end-to-end digital applications and solutions in different sectors and fields, focusing on the empowerment of the industrial sector in the kingdom through digital transformation and smart manufacturing technologies, paving the way to Industry 4.0.
Obeikan Group has wide expertise across many industries and a solid presence especially in smart manufacturing, but Obeikan did not stop here and decided to challenge the status-quo turning its groundbreaking know-how and best-in-class practices into innovative digital solutions and share these solutions with the entire business ecosystem.
In support of its vision, Obeikan launched 4 tech startups powered by advanced technologies and AI & IoT enabled: Madar, Shamel, O3 and HodHod each provides a unique value to the market from logistics to safety.
Started with “Madar” a year ago, a digital fleet provider and transportation management platform that transforms logistics from a cumbersome process and expense into a value-enhancing practice and seamless digital experience for businesses, moreover, Madar achieved 40K+ successful shipping transactions.
As a manufacturing tycoon, Obeikan faced many challenges to tackle like supply and demand gaps, non-performing inventory, spare parts efficient sourcing, lack of digitization, and more but, these challenges became opportunities unleashed with “Shamel”, the first digital industrial marketplace, bringing together and connecting buyers and sellers, making it easy and fast to trade spare parts, and other industrial goods, efficiently. Shamel provides the ultimate platform where spare parts can be locally traded and delivered, saving businesses time, effort, and money while elevating their market share.
And in the smart manufacturing arena, Obeikan introduced “O3”, a digital manufacturing consultant through a platform that is easy to use and scalable. It adapts to all business needs and aims to optimize decision-making by maximizing business productivity and minimizing waste. O3 allows manufacturing plants to operate with efficiency and agility through data integration and centralized dashboards. As one of our main focuses is customer-centricity, O3 provides a sleek and seamless user experience.
While “HodHod” is an integrated end-t-end digital solution that not only satisfies all safety needs for businesses at all aspects but will also put the business at the forefront of technological innovation by empowering them with the smartest tools to protect their business from safety, security, fire protection, to the environment safety all through a seamless digital platform.
“Obeikan’s digital solutions radically transform businesses to become smarter and achieve business excellence,” said Eng. Abdullah Obeikan, Group CEO. “Our subject matter experts together with our digitalization partnerships with global leaders like GE and Siemens give our customers access to leading-edge, tried and tested digital technology. Our solutions enable the development of innovative practices that add significant value to our customers’ operations.”
For more information about Obeikan Investment Group please visit: www.obeikan.com.sa
Learn more about MADAR at: www.madar.app Follow us on Twitter @Madar_app
Learn more about SHAMEL at: www.shamelpro.com Follow us on Twitter @Shamel_Pro
After a strong record of success achieved by Obeikan’s digital solutions in the Saudi market & the Gulf area, Obeikan S.A. “OIG” to continue its vision under the leadership of Eng. Abdullah Obeikan, the Group CEO, to expand its digital expertise and best practices through strategic partnerships across MENA.
In support of its vision, OIG signed a strategic alliance agreement with “Smart Factory Co. of Egypt” to start implementing Obeikan’s digital solutions and applications in Egypt.
This Strategic Alliance is established to cater to today’s increasing demand for digital transformation technology and tech implementation services in Egypt, setting a base for expanding digital transformation projects in Africa.
Thus, the partnership will be a key pillar for the digital transformation in the region, bringing together Obeikan’s state of the art digital solutions and its robust know-how in advanced technologies along with Smart Factory Co’s capabilities as an implementer, official reseller, and systems integrator, with a strong local presence in Egypt.
“We always aim to create synergies and serve a shared value objective using our smart solutions and latest technology to empower and develop the industrial sector and the business ecosystem at large” – said Eng. Abdullah Obeikan, Group CEO.
The three companies will support the Kingdom’s manufacturers through digital transformation to improve productivity gains and reduce costs
Riyadh, Saudi Arabia, 6 May 2021: Schneider Electric and AVEVA have signed an Alliance Partner agreement with Obeikan Digital Solutions (ODS). The partnership will support Saudi Arabia’s industrial sector, and the three companies will collaborate to help the Kingdom’s factories on their path to Industry 4.0 through digital transformation.
Part of the Obeikan Group, ODS offers case-tailored digital solution products and industrial apps for logistics, utility reliability, compliance management, spare part management, organizational optimization and audit management. The company has worked to transform dozens of manufacturers across Saudi Arabia through digital technologies.
The three companies will collaborate to roll out proof-of-concept projects; Schneider Electric’s and AVEVA’s Internet-of-Things hardware and cloud-based software will be complemented by local expertise from ODS.
“Obeikan and ODS have a vision of transforming Saudi Arabia’s manufacturing capabilities through technology and digitalization,” said Abdallah Obeikan, ODS. “Schneider Electric and AVEVA share this belief in how technologies such as the Internet-of-Things and cloud computing can make plants smarter, more efficient, and more sustainable. We want to accelerate the nation’s manufacturing sector through technology, and we’re excited about this partnership.
Smart manufacturing technologies have the potential to reshape how factories operate. Concepts such as 5G, the Industrial Internet of Things (IIoT) and artificial intelligence (AI) can drastically decrease equipment downtime by as much as 50% and increase overall equipment effectiveness by a double-digit percentage.
“The next generation of manufacturing will use digital technologies to connect every machine on the plant floor, collect data streams and analyze that information in real time to improve efficiency, increase safety, and reduce energy and water usage,” said Oseid Faqih, Industrial Automation VP, Schneider Electric. “Obeikan is a leader in this space, and ODS is a highly respected name thanks to the number of digital transformation projects they’ve undertaken. This partnership will hasten the Kingdom’s growth into a manufacturing hub for the entire region.”
“Digital technologies will account for a significant portion of economic value over the next decade, a fact recognized by policies such as the UAE’s Operation 300bn and the second phase of Saudi Arabia’s Vision 2030, which was initiated in 2020. The force multiplier effect of AI, IIoT and cloud computing is already beginning to pay productivity and financial dividends for the industrial sector and AVEVA’s partnership with Obeikan Digital Solutions will elevate these efficiencies for sustainable and equitable growth across the region by synergizing digital solutions from AVEVA’s portfolio with the advanced skills of implementation available with ODS inside Saudi Arabia and the wider Middle East,” said Dr Tariq Aslam, Head of MEA, AVEVA.
About Obeikan Investment Group
Obeikan Investment Group (OIG) is a family-run business, founded in 1982 by the Obeikan family with headquarters in Riyadh. OIG has operations across Middle East Africa and Europe with a strong foothold in manufacturing, packaging, education, and health care. On top of being the leading provider of fully integrated packaging solutions in the region, OIG had a growing focus on digital transformation providing B2B, B2C and B2G business and industrial solutions.
AVEVA, a global leader in industrial software, drives digital transformation for industrial organizations managing complex operational processes. Through Performance Intelligence, AVEVA connects the power of information and artificial intelligence (AI) with human insight, to enable faster and more accurate decision making, helping industries to boost operational delivery and sustainability. Our cloud-enabled data platform, combined with software that spans design, engineering and operations, asset performance, monitoring, and control solutions, delivers proven business value and outcomes to over 20,000 customers worldwide, supported by the largest industrial software ecosystem, including 5,500 partners and 5,700 certified developers. AVEVA is headquartered in Cambridge, UK, with over 6,000 employees at 90 locations in more than 40 countries. For more details visit: www.aveva.com
We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.
We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.
Elm, a pioneering company in digital solutions, has invested a stake in “Madar” entrepreneurial company, an affiliate of Obeikan Investment Group, which provides an innovative digital platform for managing logistics business, as part of its plan to support the entrepreneurial environment in the Kingdom.
Elm CEO, Dr. Abdul-Rahman bin Saad Al-Jadhi, said this move shows the company’s continuous pursuit of growth through alliances and acquisitions of entrepreneurial and creative companies, wholly or partially, and forming strategic relationships with them. The move also aims to achieve financial returns in line with the strategy of “Elm”, which seeks to contribute to building a local entrepreneurial ecosystem.
Dr. Al-Jadhi added that the company’s contribution will be through sharing capital and providing support for technical and practical expertise to ensure business sustainability in these pioneering projects. He pointed out that these investments, which the company is working on, contribute to creating a promising investment environment to support entrepreneurs in various technical fields and secure exit opportunities for founders in entrepreneurial companies.
Eng. Abdullah Al-Obeikan, CEO of Obeikan Investment Group, said: “In line with our group policy as a pioneering institution in digital transformation, which promotes industry and advances digital transformation in the Kingdom, we have developed the innovative digital platform “Madar”. It will be an integrated solution for managing supply chains, linking local companies and freight forwarders, which enables a comprehensive control in all stages of overall logistics services operations. This is achieved through the integration between automated vehicle tracking services, resource planning, and advanced systems features. The app allows tracking of shipments and electronic proof of delivery efficiently and safely, thus providing a complete control of performance, allowing monitoring and changing of quality standards, controlling costs, and developing companies’ operations.
“Madar” company provides many distinctive significant services. These include managing shipments and logistics processes for customers, by controlling scheduling and tracking of shipments through notifications in all stages of the transport process. Besides, the platform allows for selection among several shipping service providers, which enables managing the shipping process smoothly and accurately at the lowest possible cost. The company serves many major companies in the Kingdom, including Obeikan Investment Group that owns Madar as well as Saudi Aramco, and United Sugar Company.
Obeikan Investment Group, the largest Company operating in the manufacturing field, is a pioneering company in the field of digital transformation in the Kingdom and the Middle East. The Company develops software and digital applications in all industrial and commercial fields. It has developed and implemented many integrated digital solutions to manage manufacturing processes, supply chains, account management, and human resources. It utilizes the latest smart solutions available globally and best-in-class robotic systems.
It is noteworthy that “Elm” aims to contribute to accelerating economic growth through digitization processes. It is also working to present a road map and a clear plan that adopts necessary investment and cooperation as an approach to diversify the economy. This will create future opportunities to promote the development of small and medium enterprises and open new economic possibilities for a sustainable economy in the long term.
In an unprecedented success, Obeikan Investment Group “OIG” was crowned through three of its companies, winning the most prestigious quality award in the kingdom “King Abdulaziz Quality Award – KAQA” in its fifth round and for the second year in a row, and by this achievement, OIG now has six of its companies awarded the “KAQA”.
OIG was keen to continue its successful journey this year by winning the “KAQA” in three different categories, starting with “Obeikan Glass Company” – winner of the silver award in the category of large production enterprises, “Obeikan Commercial Printing” – winner of the bronze award in the category of medium production enterprises, and finally “Obeikan Graphic Center” – winner of the bronze award in the category of small production enterprises.
And preceded them in the fourth round of “KAQA”, “Obeikan SIG Combibloc” – winner of the golden award in the category of large production enterprises, “Obeikan Rigid Plastic” – winner of the silver award in the category of medium production enterprises, and “Obeikan Folding Cartoons” – winner of the bronze award in the category of medium production enterprises.
“Obeikan Investment Group is proud to attain this huge success, thanks to our people” Said The Chief Executive Officer of the group Eng. Abdullah Obeikan. And added; “We have been and will always keep striving for excellence and prosperity in OIG for our partners, customers, and the Kingdom of Saudi Arabia”.
As part of its global expansion plans, and a strategy of diversification and scalability, Obeikan Investment Group “OIG” reached an agreement with its partner SIG Combibloc Group AG (SIG), for SIG to acquire full ownership of SIG Combibloc Obeikan Group (CBOB) after a remarkable joint venture partnership over the last nineteen years.
According to the agreement, Abdallah Obeikan, CEO – OIG, will be nominated for election to the board of directors of SIG, representing the Obeikan Family, also OIG will hold around 5% of the total shares in SIG, CEO – OIG, which makes Obeikan Investment Group the largest single shareholder within SIG globally. It is expected that this strategic move will help in rejuvenating Obeikan’s core packaging business, enabling Obeikan to continue as a key player in delivering integrated packaging solutions to MEA region, and with this global reach, accelerate the growing focus on digital business solutions.
It is worth mentioning that SIG is one of the largest systems and solutions provider for aseptic packaging in the world. The company offers packaging solutions for food and beverages companies, as well as provides spare parts, maintenance, training, digital, and other related services globally.
