Riyadh – Mubasher: Diriyah Company has selected IBM Maximo Application Suite (MAS), during its participation at the four-day LEAP 2025 event in Saudi Arabia, to monitor and manage assets across the Diriyah Project, according to a press release.
As a $63.20 billion Public Investment Fund (PIF) Giga project, the deployment of IBM’s leading enterprise asset management (EAM) solution will enable Diriyah to drive enhanced asset performance, predictive maintenance, and operational optimisation for the mixed-use urban development.
It is another important step in helping the PIF-owned Diriyah become one of the world’s most sophisticated and advanced smart city developments.
Through this collaboration, IBM Maximo empowers Diriyah to navigate the challenges of rapid urbanisation and population growth while ensuring sustainable resource management, operational efficiency, and resilience. This will help Diriyah to address aging infrastructure, rising energy demands, and growing public expectations for smart, technologically advanced solutions, thereby setting new standards in efficient and sustainable urban development.
Group CEO of Diriyah, Jerry Inzerillo, said: “The exciting new collaboration with IBM marks a pivotal step towards our vision, enabling us to construct sustainable, technology-driven infrastructure that enables our ultimate goal of becoming one of the world’s most advanced smart cities. This exemplifies the vital role that efficient asset management plays in striking the right balance to achieve rapid urbanization, sustainable operations, and superior operational standards.”
Inzerillo noted: “It is another important milestone in our accelerating development program in building our vibrant new city on the outskirts of Riyadh.”
Diriyah Company will leverage IBM MAS’s AI-driven capabilities to enable real-time asset monitoring, predictive analytics, and condition-based maintenance, reducing downtime and ensuring long-term sustainability for its infrastructure.
By integrating critical workloads such as AI-driven asset performance analysis, real-time condition monitoring, and predictive analytics into a centralised solution, the PIF-owned company is set to enhance operational reliability and cost efficiency.
It is worth noting that the project marks a strategic milestone in Diriyah’s digital transformation journey, reinforcing its commitment to leveraging advanced technology for sustainable urban development and leading-edge Smart City technology.
General Manager at IBM Saudi Arabia, Fahad Alanazi, said: "Through the integration of predictive maintenance and real-time monitoring capabilities within IBM Maximo Application Suite, Diriyah stands poised to catapult its asset management practices into unprecedented heights, aiming to achieve not only uninterrupted operations as the project expands but also pioneering a new paradigm of smart, efficient infrastructure development."
Meanwhile, eSolutions was chosen for the implementation of the IBM Maximo Application Suite.
Ziad Lamaa, General Manager at eSoltuions Saudi Arabia, said: “With our extensive expertise in deploying enterprise asset management solutions, we are dedicated to optimizing performance and maximising efficiency. Our proven track record of successful implementations across various industries ensures a seamless and successful rollout for Diriyah.”
The PIF company recently awarded a $113.60 million, equivalent to SAR 426.30 million, architecture and design contract to Omrania.
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