Moxa, Saudi Aramco Technologies sign worldwide commercialisation agreement for IIN solution
Saudi Aramco Technologies has signed an agreement with Moxa to further develop and commercialise the Intelligent Integrated Node (IIN) technology. The IIN technology, developed together by Aramco and Moxa, replaces numerous devices from multiple vendors, and offers instrumentation control, monitoring, and edge computing capabilities in a single fault tolerant device.
The integrated node demonstrates increased computing speed, reduced Capex (capital expenditure) and Opex (operating expense) and improved operational efficiency and safety in asset intensive operational facilities. The technology has garnered several accolades, including the 2018 Custodian of the Two Holy Mosques Prize for Inventors and the 2020 International Society of Automation (ISA) Excellence-in-Innovation award.
“We are grateful to Saudi Aramco Technologies Company for choosing Moxa to commercialise the Intelligent Integrated Node technology. The licensed solution offers greater control and improved efficiency by providing more capacity for capturing and analysing data from multiple instruments. We are excited about the applications, not only in the oil and gas sector but also in other verticals such as power and utilities, renewables, water and the transportation sector,” says Michael Lin, president, Moxa Inc.
“The unique selling point of this technology is the replacement of up to five different devices with a single reliable and powerful computing automation device. In an asset intensive operational facility, this directly translates to lower costs, higher flexibility, agility, operational efficiency and, most importantly, improved operational safety. The technology dovetails into Aramco’s digital transformation strategy. Moxa is a market leader in industrial networking, computing and connectivity solutions. We are very pleased to have partnered with Moxa for commercialising this technology worldwide in all technology sectors,” says Motaz Al Mashouk, Aramco’s senior vice president of engineering services.
Abdullah S. Dhuwaihi, CEO (A), Saudi Aramco Technologies Company, comments “We are delighted to have established this important collaboration with Moxa. This license agreement intends to build on the collaborative work done so far on the development of this technology. We look forward to successful commercialisation of this technology.”
Comment on this article below or via Twitter @IoTGN