Page 20 - SAMENA Trends - August 2020

REGIONAL & MEMBERS UPDATES SAMENA TRENDS

25 billion tests have been taken with are used by businesses, universities and OOKLA’s commitment to quality and
Speedtest, and the company’s services government agencies alike who trust neutrality.

Zain Inks Agreement With KOTC To Offer Latest Digital Solutions

Zain, the leading digital service provider in international standards. Zain believes strategy through which it aims at
Kuwait, announced signing an agreement the private sector has a fundamental empowering a more efficient business
with the Kuwait Oil Tanker Company and active role in supporting the various sector in the Kuwaiti market. Kuwait Oil
(KOTC), a subsidiary of Kuwait Petroleum vital sectors in the country, and as the Tanker Company expressed its pleasure to
Corporation (KPC), to offer the latest oil and gas sectors represent one of the continue this fruitful co-operation between
telecommunications solutions built on backbones of Kuwait’s national economy, both companies, as the mentioned contract
the most advanced technologies. The the company expressed its commitment is considered to be Kuwait Oil Tankers
agreement is an extension of the long- to offer the latest telecommunications and Company’s goal towards a comprehensive
term strategic partnership between the networking technologies to the various oil qualitative shift in the Oil Sector in general
two companies throughout the past institutions in the country, including KOTC. and for the Subsidiaries in particular.
years. As part of this agreement, Zain will Zain’s fruitful partnership with KOTC The enhanced 5G network from Zain and
provide KOTC with a number of the latest is not a new one, and the collaboration wider area coverage in the region would be
telecommunications and networking represents yet another step forward to beneficial to all KOTC users and vendors,
solutions that are built on world-class expand this partnership and offer more of and the company believes this is just
technologies to serve the company’s the most advanced services and solutions the starting point for benefits to pour in.
technical needs as per the highest to power KOTC’s digital infrastructure. Zain continuously offers the latest and
international standards. This agreement This is especially true as KOTC is one most advanced services and solutions
is an extension to the long-term strategic of the oldest oil institutions in Kuwait to showcase its capabilities as an active
partnership between the two companies, and the region. Zain’s offering of these partner in empowering a smart life, a safe
which reflects Zain’s keenness on offering services and solutions comes as part of its community, and an efficient business
the latest solutions and technologies to commitment to offer the latest and most sector. The company considers itself a
Kuwait’s oil sector. Zain expressed its advanced solutions to Kuwait’s business main partner in the achievement of the
delight to continue the strategic partnership community, whether large companies or goals of the Kuwait National Development
with KOTC as part of the company’s SMEs, and as per the highest international Plan (New Kuwait 2035), which is based
continuous efforts to serve the needs of standards. This commitment comes in line on five expected outcomes and seven key
the Kuwaiti oil sector as per the highest with the company’s digital transformation pillars.

Accenture Completes Acquisition of PLM Systems

Accenture in Italy has completed the acquisition of Turin- strategic, high-growth areas. It is the fourth digital manufacturing
based boutique systems integrator PLM Systems. Terms of the advisory, services and solutions provider that Accenture has
transaction, which Accenture announced on May 19, 2020, were acquired recently, following Callisto Integration in Canada, Silveo
not disclosed. Founded in 1996, PLM Systems specializes in in France and Enterprise System Partners in Ireland. Other recent
designing and building information systems for product lifecycle acquisitions Accenture has made to strengthen its Industry X.0
management. Its clients are Italian and international automotive, business include German embedded software company ESR
industrial equipment, fashion and aerospace and defense Labs, Dutch product design and innovation agency VanBerlo, U.S.
companies. PLM Systems’ team is joining Accenture Industry product innovation and engineering company Nytec, and German
X.0 in Italy, expanding Accenture’s capabilities to help clients strategic design consultancy designaffairs.
improve how they generate, manage and benefit from product
data in design, engineering and manufacturing. Former majority
stakeholder of PLM Systems, Altea Federation, welcomed the
acquisition. “We are honored that leading global professional
services company Accenture has chosen an Altea Federation
subsidiary to boost its capabilities and presence in the market
for digital engineering services,” said Andrea Ruscica, president
of Altea Federation. The acquisition of PLM Systems is part of an
overall growth strategy to expand critical skills and capabilities in

20 AUGUST 2020