Thursday, July 9, 2020

NOW COULD BE THE BEST TIME TO INVEST IN FOREIGN REAL ESTATE

TIPS FROM A GLOBAL REAL ESTATE EXPERT ON FOREIGN PROPERTY INVESTMENT THIS SUMMER The Estates of Acqualina Sunny Isles Beach, Florida DUBAI, UAE. JULY...

SANAD AEROTECH SET TO DRIVE MANUFACTURING BEST PRACTICES IN THE AVIATION SECTOR AT THE JOINT UAE-UNIDO EXHIBITION

Sanad Aerotech Sponsors ‘Industry 4.0’ Hub Enabling Strategic Discussions about Fourth Industrial Revolution to Ensure all Economies are Equipped to Embrace the Potential of the New Manufacturing Paradigm

The Eighteenth Session of the General Conference of the United Nations Industrial Development Organization (UNIDO) is set to take place in Abu Dhabi, from 3 to 7 November

Abu Dhabi, United Arab Emirates – Sanad Aerotech, a leading Abu Dhabi-based business providing maintenance, repair and overhaul (MRO) for aircraft engines and gas turbines, has been announced as a sponsor of the ‘Industry 4.0’ Hub, which is part of the UAE contribution to the joint UAE-UNIDO Exhibition running alongside the eighteenth Session of the General Conference of the United Nations Industrial Development Organization. Sanad Aerotech is set to enable discussions on driving manufacturing best practices in the aviation sector and adopting new technologies that deliver the Fourth Industrial Revolution (4IR) in a truly sustainable way.

Sanad Aerotech supports the UAE’s long-term vision for the global manufacturing and services sector, including joint aspirations to invest in training and nurture talent to truly embed 4IR technologies capable of building stronger manufacturing sectors and in turn, generate greater global prosperity.

The Fourth Industrial Revolution challenges the current growth model of countries all over the world, yet its potential to affect the economies of developing countries is specifically significant. For example, the Fourth Industrial Revolution holds many opportunities to accelerate the adoption of renewable energy in manufacturing, reduce carbon emissions, optimise energy use, and enhance productivity – through the use of smart technology that is becoming cheaper to acquire. The aerospace industry is a key catalyst for Industry 4.0, given its early adoption and extensive use of digital technology and smart manufacturing to produce and maintain aircraft. Research shows that 62% of aerospace firms globally have a smart manufacturing initiative – ahead of other cutting-edge sectors such as automotive, consumer goods, and pharma.

MRO service providers are also embracing smart technologies to bring down aircraft operating costs while minimizing disruption to flight schedules. A range of 4IR technologies are in play, including robots, autonomous inspection drones, augmented reality assists, machine learning and AI, and 3D printing.

Sanad Aerotech’s state-of-the-art facilities are a leading example of an organisation that has grasped the potential of the Fourth Industrial Revolution with both hands and, in doing so, has developed a strategy that incorporates a fully digitalised future built on innovative tools and technologies. As an early adopter of innovations such as IoT, Blockchain and the holistic digitalisation of its service capabilities, it is able to deliver unmatched services to a global MRO sector valued at over US$ 31 billion (2018), with 4.9% CAGR forecasting a value of US$ 54 billion by 2028.

Sanad Aerotech is wholly owned by Mubadala Investment Company PJSC (Mubadala), and through its commitment to putting its global customer base; which stretches from Southeast Asia to South America and includes Rolls Royce, International Aero Engines, GE, Etihad Airways, Asiana and LATAM, first, the organisation has become a leading light for innovation and engineering excellence in the global engine MRO sector. In an era when digital innovation is affecting every aspect of its customers’ business, Sanad Aerotech maintains strong long-standing relationships with original equipment manufacturers (OEMs) and international airlines, which allows it to bridge the knowledge gaps that exist between stakeholders, which in turn enables healthy competition into the overhaul marketplace. Sanad Aerotech’s 4IR technology investments enable it to stay abreast of increasing OEM complexity. The technology and innovation flow is reciprocal, with MRO service providers also guiding their OEM partners on 4IR adoption based on their in-field experience.

Commenting on the 18th Session of the UNIDO General Conference, Mansoor Janahi, Chief Executive Officer of Sanad Aerotech said: “We at Sanad Aerotech, are delighted to be a sponsor for the ‘Industry 4.0’ Hub as part of the United Arab Emirates’ (UAE) showcase at the UNIDO General Conference. It is a prestigious event that focuses on tangible outcomes and actions that drive change that benefits not only industry but economies and the societies within them.

“We are proud to be a digital leader and take our responsibility to deliver our customers’ innovative services, very seriously. As a result of our appetite for digital evolution, and our success in implementing a number of industry 4.0 technologies, we are thrilled to be able to share our knowledge and join the global discussion to ensure the 4IR leaves no one behind.”

The UNIDO General Conference is supreme policymaking organ that convenes every two years to determine the guidelines and policies of the Organization and approve its budget and working programmes. Since becoming a specialized agency, the UNIDO General Conference was hosted away from its Vienna Headquarters only three times: in Bangkok, Thailand (1987); in Yaoundé, Cameroon (1993); in Lima, Peru (2013); and now in Abu Dhabi, United Arab Emirates (2019).

Held under the theme of ‘Industry 2030 – Innovate. Connect. Transform our Future’, the eighteenth Session UNIDO General Conference will be held in Abu Dhabi from 3 – 7 November for five days of conversations around the future of global manufacturing.

Latest Posts

UAE sets up new office to support frontline workers

Saudi Gazette reportABU DHABI — President of the United Arab Emirates Sheikh Khalifa Bin Zayed Al Nahyan has issued a federal decree, establishing...

Qua Spa at Caesars Palace Bluewaters Dubai unveils suite of treatments

With renewed focus on balancing mental wellbeing, maintaining self-care and allowing small luxuries in life, a new range of treatment packages has been...

UAE: 10 Ways to help kids who are leaving expat life

Knowing how to present a major move to little ones can be challenging, but there are strategies and tools...

ADX transfers its Ras Al Khaimah and Fujairah branches to Sharjah, Al Dhafra branch to Abu Dhabi

Wed 08-07-2020 18:06 PM ABU DHABI, 8th July, 2020 (WAM) -- Abu Dhabi Securities Exchange, ADX, has announced today the transfer of...

Don't Miss

International students cannot take online only schedule

BUFFALO, N.Y. (WKBW) — Immigration and Customs Enforcement announced that international students must do some form of in person classes to remain in...

Hope Probe cost among world’s lowest, says Al Gergawi

WAM The cost of the Hope Mars Mission has reached $200 million (AED 735 million). That's according to Mohammad bin Abdullah...

Remember The Beach – A Free Summer Story with Music and Life Saving Information

Remember The Beach is a short story about a teenager who becomes a lifeguard in Huntington Beach, California and discovers something he has to...

Egypt acquires lion’s share of investment deals in MENA

DUBAI - 6 July 2020: Egypt acquired the lion's share of investments in Middle East...

UAE to complete more than two million COVID-19 tests in two months

DUBAI: The UAE has announced its plan to conduct two million COVID-19 tests in the next two months, as part of the country’s extensive...

Stay in touch

To be updated with all the latest news, offers and special announcements.

%d bloggers like this: