Saudi ##tech has unveiled its new fourth industrial revolution centre , known as 4IR , as part of plans to improve efficiency , reduce costs and strengthen its leading presence in the oil and gas industry , the state - owned company said . The centre 's technology hub will develop advanced modeling and machine learning for hydrocarbon applications , while a virtual reality hub will look to develop virtual and augmented reality solutions .
Saudi Aramco has unveiled its new fourth industrial revolution centre, known as 4IR, as part of plans to optimise efficiency, reduce costs and maintain its leading position in the oil and gas industry, the state-owned company said. The centre's AI hub will develop advanced analytics and machine learning for hydrocarbon applications, while a virtual reality zone will look to develop virtual and augmented reality solutions.