Maxbyte to set up Industry X.0 centre at Sharjah tech park
SHARJAH, March 21, 2024
Abu Dhabi-based industrial deep tech company Maxbyte Technologies has joined hands with Sharjah Research Technology and Innovation Park (SRTI Park) to set up a state-of-the-art Industry X.0 centre of excellence that aims to be the leading Industry X.0 enabler for the economic development of the region.
Industry X.0 has emerged as the new digital paradigm for businesses to embrace constant technological change and profit from it.
It refers to the use of advanced technologies to restructure existing products and services from design and engineering to manufacturing and support that speeds up operational efficiency and enterprise-wide growth.
Maxbyte is focused on industrial digitalisation, robotisation, and decarbonisation solutions to enhance productivity, flexibility, efficiency, and growth within the industrial sector.
SRTI Park Chief Executive Hussain Al Mahmoudi said: "This is a historic moment for us. Industry X.0 is sweeping the industrial sector across the globe, unfolding possibilities that were unthinkable a few years ago."
Industry X.0 technologies are evolving fast, helping businesses to become 'smart' and more efficient. These technologies help industries to improve their operational efficiency, reduce errors, increase asset performance, and focus on digital practices.
"The high standards of Maxbyte will be available at this Centre of Excellence, offering regional companies unique services to scale up their businesses. We are delighted to welcome Maxbyte to our vibrant ecosystem that is driving innovation in the region," he stated.
Maxbyte CEO Ramshankar CS said the Centre of Excellence at SRTI Park has emerged as a dynamic innovation hub in this region.
"This is where innovative manufacturers will go to forge their futures by building a future-ready workforce with new skillsets. Our Industry X.0 CoE has been designed to empower manufacturers to increase their productivity, win more business, and strengthen their manufacturing capabilities," remarked Ramshankar.
Maxbyte’s target, he stated, was to educate 200 manufacturers on industry 4.0 transformation every year in a phased and agile approach to support their transformation and business excellence.
It seeks to create 6,000 skilled technical professionals and enable jobs opportunities in the region for the regional industry 4.0 transformation by 2028. It aims to conduct 75+ programmes in 3 years. The Industry X.0 CoE is anticipated to impact 1500+ People and 125+ enterprises.-TradeArabia News Service