NEWS
Schneider Electric expands manufacturing in UAE to deliver AI-ready data centres
Schneider Electric , a provider in the digital transformation of energy management and automation , has announced a new manufacturing facility in the UAE that aims to offer AI-ready data centre solutions to cater to the region ’ s growing data centre market .
The new facility is designed to manufacture and assemble AI-ready prefabricated modular data centres , supporting the UAE ’ s Make it in the Emirates strategy and the ongoing In- Country Value , ICV programme , which is designed to boost local economic growth and increase the contribution of the private sector to the UAE ’ s GDP .
This launch reinforces Schneider Electric ’ s role in boosting local production , driving sustainability and industrial growth through advanced manufacturing practices .
The new range of data centres is designed to meet customer demands for greater predictability , lower total cost of ownership , and faster deployment . Beyond addressing the region ’ s infrastructure needs , the facility will also drive local job creation , with up to 70 % local content across supply chain management , logistics , project management and maintenance . This reinforces Schneider Electric ’ s commitment to supporting the UAE ’ s industrial growth and economic development .
Amel Chadli , President of Gulf Countries , Schneider Electric commented , “ Our expansion in local manufacturing reflects Schneider Electric ’ s commitment to the UAE ’ s vision for industrial growth and sustainability . By advancing our AI-powered data centre solutions , we are addressing the country ’ s increasing demand for scalable , energy-efficient , digital infrastructure . This facility will allow us to deliver data centre solutions that align with both national economic objectives and the evolving needs of industries .”
RAKBANK selects Oracle Fusion Cloud Applications to support bank ’ s growth plans
Oracle announced that UAE-based RAKBANK , National Bank of Ras Al Khaimah has selected Oracle Fusion Cloud Applications Suite to make its business processes seamless , efficient and fit to support the bank ’ s rapid growth plans . With an integrated suite of cloud applications to manage finance , HR , and Supply Chain processes , RAKBANK will be able to optimise costs , enhance efficiency , sharpen decisionmaking and increase productivity as it expands its operations .
In line with the strategy and to aid its digital transformation journey RAKBANK opted for a unified business platform that would streamline finance and planning processes , improve operational efficacy , and support its complex supply chain and procurement needs .
The bank has decided to partner with Oracle Fusion Applications for its ability to connect and standardise core business processes on a single data platform and leverage embedded AI from within the applications .
With Oracle Fusion Cloud Enterprise Resource Planning , ERP , RAKBANK will be able to eliminate manual processes , accelerate financial reporting , and improve financial controls by consolidating financial data across the business .
Oracle Fusion Cloud Human Capital Management , HCM will help RAKBANK centralise HR operations on a single platform to simplify processes , generate better workforce insights and improve the employee experience . Oracle Fusion Cloud Supply Chain & Manufacturing , SCM will help RAKBANK optimise supply chain planning , optimise costs , and improve customer service .
“ The partnership with of Oracle Fusion Applications is a key milestone for us in our journey to truly become a digital bank with a human touch as we look to digitise and scale our business , attract , and retain the best talent , and innovate with cutting edge technological solutions for our customers ,” said Mridul Baberwal , Deputy Chief Financial Officer , RAKBANK .
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