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FINANCIAL NEWS
Saudi Al-Rushaid, Utilidata sign partnership agreement
09 Mar 2015
(MENAFN) US-based Utilidata, a global software company working to modernize and secure the electric grid, signed a partnership deal with Al-Rushaid Technologies, Saudi Gazette reported.
The partnership is set to allow Utilidata to scale its intelligent control technology across the electric grid in Saudi Arabia, as well as work on core cyber-security issues that are pressing within the Kingdom.
“Utilidata’s automation, energy management and conservation platform will provide the Kingdom of Saudi Arabia a unique opportunity to address future energy challenges,” Vice Chairman and President of the Al-Rushaid Group said in a statement.
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