Siemens will develop artificial intelligence for the oil and gas sector at its new R&D centre in Abu Dhabi. The facility is part of a $500m investment in expanding its services in the Middle East. It is also the second of three Siemens centres in the UAE that uses the company's internet of things operating system MindSphere to build bespoke solutions for water, oil and gas industries in the region. Siemens plans to boost total R&D spending by 8% to $6.57bn 2017, up from $5.85bn in this year.
Siemens will develop artificial intelligence for the oil and gas sector at its new R&D centre in Abu Dhabi. The facility is part of a $500m investment in expanding its services in the Middle East. It is also the second of three Siemens centres in the UAE that uses the company's internet of things operating system MindSphere to build bespoke solutions for water, oil and gas industries in the region. Siemens plans to boost total R&D spending by 8% to $6.57bn this year, up from $5.85bn in 2017.