Industry 4.0 – the Fourth Industrial Revolution or 4IR – is the next phase in the digitization of the manufacturing sector, according to McKinsey & Co. One of the foundational forms of disruptive technologies that can be applied all along the value chain during this phase is additive manufacturing (AM), such as 3D printing. With 3D printing gathering steam as a transformative technology for construction and oil-and-gas sectors, Immensa, a company based in Dubai, UAE, and Dammam in Saudi Arabia is blazing a trail in the Gulf region. For the latest headlines, follow our Google News channel online or via the app.
Immensa is a solution provider that leverages advanced technologies such as AM, taking physical spare parts and dematerializing them into the digital, on-demand world.
Immensa Dammam’s facility, featuring FDM for super polymers, large-scale SLA printing, and DMLM with one of the industry's largest metal build volumes. (Supplied)
Fahmi Al-Shawwa, CEO of Immensa, spoke to Al Arabiya English about how the company is transforming the world’s spare parts supply chain through a sustainable, efficient and financially viable transition to digital warehousing, while economically leveraging AM technologies. Apart from its world-class facilities in both Dubai and Dammam, Immensa also operates in Kuwait and services clients in Oman, Qatar, Bahrain and a few other international markets. They work with various industries within the energy and utilities sectors, with significant expertise in oil and gas and power. Immensa offers various services, including 3D printing, Digital inventory and technical support. Al-Shawwa explains the key ways these three services benefit the industries in the region. The fleet of industrial 3D printers deployed by Immensa creates spare parts on demand. This eliminates the need to store physical spare parts, saving businesses money and space. Immensa uses a cloud-based platform that provides an end-to-end solution to organizations transitioning from physically storing spare parts to virtual warehousing, allowing businesses to order new parts when needed quickly. They also offer technical assessment services to help businesses implement their AM and digital inventory strategies, in addition to offering building companies in-house AM capabilities. Following those are the benefits accruing to industries, at the top of which are reduced costs, improved efficiency, and increased sustainability. “Immensa can help businesses save money on spare parts by eliminating the need to store physical parts. They can also help businesses economize on logistics costs by shipping parts directly to the point of use,” Al-Shawwa said.
DMLM: X Line is the largest GE additive Concept Laser machine in the market, with dual 1Kw lasers for fast and accurate printing and a large build volume 400x800x500mm. (Supplied)
“Our digital inventory solution makes it easy for businesses to order new parts quickly and efficiently, improving productivity. The AM technology reduces the need to manufacture physical spare parts, which can help businesses reduce their environmental impact." Immensa was established in Dubai in 2016. At the time, the government had not fully unlocked the potential of 3D printing technology. “We found in Dubai a strategic location for our industrial base. The emirate served as a good springboard to launch the business. Today, we do not see Immensa as a Dubai-first company, rather as a regional company with full-fledged corporate offices in Saudi Arabia and the UAE,” Al-Shawwa said. “Saudi Arabia is a massive market on its own and is proving to be a strong base to export from, while UAE is where our international markets are serviced from, where a lot of our tech operations are based, as well as a big portion of our R&D activities,” he added. He explained the concepts of AM and digital warehousing and how it is relevant to the future of manufacturing in the Gulf and Middle East.
The final phase of 3D printng a critical SS316L Impeller. (Supplied)
For Gulf countries to become true industrial players on a regional or global level, they must embrace advanced manufacturing technologies, including robotics and AM. Historically, conventional manufacturing has relied on blue-collar labor. “This model has often been at odds with the demographics and strategic objectives of the Gulf states,” the Immensa CEO said. “With the advent of AM and robotics, the manufacturing formula flips. These technologies shift the focus from manual labor to more white-collar engineering roles, requiring skilled professionals to design, manage, and optimize production.”
Key goals in the Gulf region
This shift, according to Al-Shawwa, aligns with several key goals of Gulf countries: Increasing employment of citizens: By focusing on technology-driven manufacturing that requires skilled engineers and technicians, the Gulf states can offer more attractive employment opportunities for their educated citizens. Localizing industries: Advanced manufacturing technologies enable more localized production, reducing dependence on imports and aligning with the Gulf’s economic diversification and self-reliance goals. Positioning as global innovators: By embracing additive manufacturing, robotics and other cutting-edge technologies, Gulf countries can position themselves as leaders in innovation, not just in the region but globally. Sustainable development: These technologies also align with the Gulf’s push towards sustainability, allowing for more efficient and environmentally responsible manufacturing processes. “The shift towards advanced manufacturing, including robotics and additive manufacturing, represents a strategic alignment with the Gulf’s unique demographics, economic goals and visions for the future,” Al-Shawwa said. “Rather than following the traditional manufacturing model, Gulf countries have started to recognize that their path to industrial prominence lies in leveraging technology, nurturing talent and fostering innovation. By embracing advanced techniques, these states are poised to redefine manufacturing in the region, creating opportunities for their citizens, localizing their industries and positioning themselves as influential players on the global stage.”
Industries and links to manufacturers
As industry experts will testify, spare parts are the Achilles’ heel of the global oil-and-gas industry. Operators are forced to maintain extensive inventories of a large variety of parts and components to try and minimize production losses resulting from equipment breakdowns. Despite investing hundreds of millions of dollars in slow-moving inventory, companies still suffer billions lost in production value each year. Immensa’s digital platform integrates with the ever-improving AM capability around the globe to better ensure that the necessary parts are available promptly to reduce downtime. Using Immensa’s platform, clients can select from many parts, have them produced at the nearest AM operator and deliver to the point of need quickly and efficiently. In addition to reducing production losses, Immensa vastly decreases operators and OEM (original equipment manufacturer) costs associated with maintaining and managing a complicated and inefficient supply chain. Its solution delivers a massive ROI in terms of hard cash and an improved environmental footprint. Currently, Immensa works with several national and international oil companies and has ongoing projects with various OEM companies.
Dammam facility and regional expansion plans
The Dammam facility of Immensa was set up to be the best in its class on a global level. Today, it is the only end-to-end metal additive manufacturing facility that can take part, especially from energy or power sectors, and 3D print it, post-process it, heat treat it, and have it qualified under one roof. The facility houses the largest metal 3D printer in the market and the only one in the region. “The state-of-the-art digitization tools and our own propriety softwares run the process all the way until delivery to the client,” Al-Shawwa said. “In terms of expansion, we expect to have one more facility set up in Oman within a year and a second facility in the Kingdom within two years. Plans for both are underway. Our Saudi Arabia facility is being used as a springboard to cater to our international clients and we expect in the coming 16 to 18 months to see Immensa have more presence in North America,” he added.
3D printing trends and projections
Al-Shawwa pointed towards an increasing interest in AM over the past year. “We are witnessing the market’s maturing; in that, I mean, customers and users are exploring how additive manufacturing can be utilized to add value to their operations. Today, the landscape has changed significantly, with sophisticated organizations reaching out to specialized companies to understand if and how AM technologies can add value,” he said. In terms of projections, it is challenging to pinpoint how much investment will go into AM and the ecosystem to support it. Varying figures and estimates are cited for projected AM investments, ranging from tens of millions of dollars to over a few hundred million. However, what matters is the output that will be generated by AM technologies across the region. Today, 3D printing captures less than 0.1 percent of the global manufacturing output, which stands at $12.8 trillion. 3D printing will likely capture around 5 percent of that over the coming few years, creating a $640 billion-plus market opportunity.
DMLM: M2 Series 5, creating critical parts for highly regulated industries, with a build volume of 245 x 245 x 350 mm. (Supplied)
Let’s take that and apply it to the UAE and Saudi Arabia. We are talking about AM technologies contributing no less than $1.6 billion to the UAE economy and increasing manufacturing contribution to the national GDP by more than 15 percent from the current rate. As for Saudi Arabia, the impact is expected to be significantly larger since manufacturing makes up 12 percent of its $156 billion GDP within the Saudi manufacturing industry, and current manufacturing industry is heavily based on conventional technologies. We see AM technologies expanding the manufacturing industry in Saudi Arabia to reach more than 15 percent of GDP vs today’s 12 percent.
Benefits of AM and digital warehousing
Environmental benefits: According to research, the adoption of digital inventory solutions (DIS) and AM can reduce global CO2 emissions by 12.39 percent. “What many organizations and decision-makers do not realize is that the full potential of AM is only realized through DIS, allowing on-demand production and diminishing shipping needs. Together, AM and DIS form an imperative solution in our global fight against climate change,” Al-Shawwa said. Material efficiency: Compared to traditional manufacturing methods, AM can keep material waste to as low as 5 percent. A study by the University of Groningen found that 3D printing could reduce material use by up to 25 percent. Energy consumption: A report by the Energy Policy Institute found that 3D printing could reduce energy use by 5 percent to 25 percent compared to traditional manufacturing methods. Transportation and warehousing: The concept of DIS, like the one Immensa specializes in, could reduce warehousing needs significantly. Some estimates suggest that on-demand production could minimize inventory costs by 20 percent to 50 percent. Customization and optimization: Lightweighting parts through optimized designs can have cascading effects, such as in the automotive industry. According to the US Department of Energy, a 10 percent reduction in vehicle weight can result in a 6-8 percent improvement in fuel efficiency. Along with the obvious advantages, the environmental impact of 3D printing materials should also be considered. A study by the University of California, Irvine, found that producing plastic 3D printing filaments could be more energy-intensive per kg than conventional plastics.
Saudi Arabia’s Vision 2030 of industrialization
The Immensa CEO said: “Our strategy is very defined and clear. We are building local knowledge and, more importantly, local capabilities to foster a viable ecosystem for advanced manufacturing. As mentioned earlier, AM shifts the structure of what is required to be an industrial powerhouse. Instead of relying on mass production and blue-collar labor, it flips the formula. Now, the emphasis is on white-collar engineers, automation and autonomous manufacturing systems such as 3D printing.” He added: “Our role for the past few years has been to transfer that knowledge, upskill our labor force and young talent and provide a platform for organizations to utilize advanced manufacturing. We at Immensa are today by far the most advanced AM company, catering to the oil-and-gas industry worldwide. Given our expertise and know-how, we can surely play a role in achieving the Vision 2030 goal of having manufacturing contribute 20 percent to the Saudi economy – up from the current 12 percent.”
Abu Dhabi Overtakes Oslo for Sovereign Wealth Fund Capital in Global SWF’s First City Ranking
Today, industry specialist Global SWF published a special report announcing a new global ranking of cities according to the capital managed by their Sovereign Wealth Funds (SWFs). The findings show that Abu Dhabi is the leading city that manages the most SWF capital globally, thanks to the US$ 1.7 trillion in assets managed by its various SWFs headquartered in the capital of the UAE. These include the Abu Dhabi Investment Authority (ADIA), Mubadala Investment Company (MIC), Abu Dhabi Developmental
Holding Company (ADQ), and the Emirates Investment Authority (EIA). Abu Dhabi now ranks slightly above Oslo, home to the world’s largest SWF, the Government Pension Fund (GPF), which manages over US$ 1.6 trillion in assets. Abu Dhabi and Oslo are followed by Beijing (headquarters of the China Investment Corporation), Singapore (with GIC Private and Temasek Holdings), Riyadh (home to the
Public Investment Fund), and Hong Kong (where China’s second SWF, SAFE
Investment Corporation, operates from). Together, these six cities represent two thirds
of the capital managed by SWFs globally, i.e., US$ 12.5 trillion as of October 1, 2024.
For the past few decades, Abu Dhabi has grown an impressive portfolio of institutional
investors, which are among the world’s largest and most active dealmakers. In addition
to its SWFs, the emirate is home to several other asset owners, including central banks,
pension funds, and family offices linked to member of the Royal Family. Altogether, Abu
Dhabi’s public capital is estimated at US$ 2.3 trillion and is projected to reach US$ 3.4
trillion by 2030, according to Global SWF estimates.
Abu Dhabi, often referred to as the “Capital of Capital,” also leads when it comes to
human capital i.e., the number of personnel employed by SWFs of that jurisdiction, with
3,107 staff working for funds based in the city.
Diego López, Founder and Managing Director of Global SWF, said: “The world ranking
confirms the concentration of Sovereign Wealth Funds in a select number of cities,
underscoring the significance of these financial hubs on the global stage. This report
offers valuable insights into the landscape of SWF-managed capital and shows how it is
shifting and expanding in certain cities in the world.”
AM Best Briefing in Dubai to Explore State of MENA Insurance Markets; Panel to Feature CEOs From Leading UAE Insurance Companies
AM Best will host a briefing focused on the insurance markets of the Middle East and North Africa (MENA) on 20 November 2024, at Kempinski Central Avenue in Dubai.
At this annual regional market event, senior AM Best analysts and leading executives
from the (re)insurance industry will discuss recent developments in the MENA region’s
markets and anticipate their implications in the short-to-medium term. Included in the
programme will be a panel of chief executive officers at key insurance companies in the
United Arab Emirates: Abdellatif Abuqurah of Dubai Insurance; Jason Light of Emirates
Insurance; Charalampos Mylonas (Haris) of Abu Dhabi National Insurance Company
(ADNIC); and Dr. Ali Abdul Zahra of National General Insurance (NGI).
Shivash Bhagaloo, managing partner of Lux Actuaries & Consultants, will his present
his observations in an additional session regarding implementation of IFRS 17 in the
region. The event also will highlight the state of the global and MENA region
reinsurance sectors, as well as a talk on insurance ramifications stemming from the
major United Arab Emirates floods of April 2024. The programme will be followed by a
networking lunch.
Registration for the market briefing, which will take place in the Diamond Ballroom at the
Kempinski hotel, begins at 9:00 a.m. GST with introductory comments at 9:30 a.m.
Please visit www.ambest.com/conference/IMBMENA2024 for more information or to
register.
AM Best is a global credit rating agency, news publisher and data analytics
provider specialising in the insurance industry. Headquartered in the United
States, the company does business in over 100 countries with regional offices in
London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City.
Future of Automotive Mobility 2024: UAE Leads the Charge in Embracing Digital Car Purchases and Alternative Drivetrains
-UAE scores show highest percentage among the region in willingness to purchase a car
completely online
– Openness to fully autonomous cars has grown to 60% vs previous 32%.
– More than half of UAE respondents in the survey intend to move to hybrid cars during
next car purchase, while less than 15% intend to move to fully electric car.
– UAE sees strong use of new mobility services such as ride-hailing (Uber, Careem, Hala
Taxi)
– The perceived future importance of having a car is not only increasing in UAE but is
higher than any other major region globally, even China
Arthur D. Little (ADL) has released the fourth edition of its influential Future of Automotive Mobility (FOAM) report, presenting a detailed analysis of current and future trends in the automotive industry. This year’s study, with insights from over 16,000 respondents across 25 countries, includes a comprehensive focus on the United Arab Emirates (UAE). The report examines car ownership, electric vehicles,
autonomous driving, and new mobility services within the UAE.
“The UAE is at the forefront of automotive innovation and consumer readiness for new mobility
solutions,” said Alan Martinovich, Partner and Head of Automotive Practice in the Middle East
and India at Arthur D. Little. “Our findings highlight the UAE’s significant interest in
transitioning to electric vehicles, favorable attitudes towards autonomous driving technologies,
and a strong inclination towards digital transactions in car purchases. These insights are critical
for automotive manufacturers and policymakers navigating the evolving landscape of the UAE
automotive market.”
Key Findings for the UAE: 1. Car Ownership:
o Over half of UAE respondents perceive that the importance of owning a car is
increasing, with the study showing the increase higher than any other major
region, including China.
o Approximately 80% of UAE respondents expressed interest in buying new (as
opposed to used) cars, above Europe and the USA which have mature used
vehicle markets
2. Shift to Electric and Hybrid Vehicles:
o While a high number of UAE respondents currently own internal combustion
engine (ICE) vehicles, more than half intend that their next vehicle have an
alternative powertrain, with significant interest in electric and plug-in hybrid
(PHEV) options. Less than 15% plan to opt for pure battery electric vehicles
(BEVs).
3. Emerging Mobility Trends:
o Ride-hailing services are the most popular new mobility option among UAE
residents, with higher usage rates than traditional car sharing and ride sharing.
The study indicates a strong openness to switching to alternative transport modes
given the quality and service levels available today.
4. Autonomous Vehicles:
o UAE consumers are among the most open globally to adopting autonomous
vehicles, with a significant increase in favorable attitudes from 32% in previous
years to 60% this year versus approximately 30% in mature markets. Safety
concerns, both human and machine-related, remain the primary obstacles to
broader adoption.
5. Car Purchasing Behavior and Sustainability:
o The internet has become a dominant channel for UAE residents throughout the car
buying process, from finding the right vehicle to arranging test drives and closing
deals. UAE car buyers visit dealerships an average of 3.9 times before making a
purchase, higher than any other region in the world, emphasizing the need for
efficient integration of online and offline experiences.
o Upwards of 53% of respondents from the region would prefer to ‘close the deal’
and complete the purchase of their car online, which is the highest for any region
in the world.
o Sustainability is a key factor cited by UAE consumers as influencing car choice.
The UAE scored among the top half of regions, highlighting the importance of
environmental considerations.
“Our study confirms the promising market opportunities for car manufacturers (OEMs) and
distributors in the UAE” commented Philipp Seidel, Principal at Arthur D. Little and co-Author
of the Global Study. “Consumers in the Emirates show a great and increasing appetite for cars
while being among the most demanding globally when it comes to latest vehicle technologies
and a seamless purchase and service experience.”
The comprehensive report, “The Future of Automotive Mobility 2024” by Richard Parkin and
Philipp Seidel, delves into global automotive trends and their impact on various regions,
including the UAE. This study is an invaluable tool for industry stakeholders seeking to navigate
and leverage the dynamic changes driving the future of mobility.