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To work together on human resource (HR) technologies, Infosys announced that it has inked a Memorandum of Understanding (MoU) with Saudi Arabian oil and energy major Aramco.
Through the use of artificial intelligence (AI) technology, the organisations will develop solutions for HR data and analytics, scale the use of automation tools, and improve employee experience.
To improve Aramco's staff learning and development opportunities and close skill gaps, Infosys will use AI. This will assist Aramco in identifying talent and matching individuals with job openings.
The cooperation also plans to investigate how AI-powered learning might optimise repetitive HR management duties by saving time and effort during training delivery.
Insights from AI-powered research will be used to track ROI, support Aramco's algorithmic decision-making, and help the company recognise trends and locate effective hiring channels.
“Infosys’ programs for learning and development have been acknowledged and benchmarked globally and we take great pride in them. Through this collaboration, we intend to bring our digital expertise and tools to Aramco’s HR practice to deliver a world-class employee experience,” said Ashiss Kumar Dash, EVP & Global Head - Services, Utilities, Resources and Energy, Infosys.
Saudi Aramco, also known as the Saudi Arabian Oil Group (formerly Arabian-American Oil business) or simply Aramco, is a publicly traded Saudi Arabian oil and gas business with its headquarters in Dhahran. It is one among the highest-earning corporations in the world as of 2022 and has consistently produced the highest annual profits in the annals of global business. With more than 270 billion barrels of proven reserves, Saudi Aramco has the second-largest proven crude oil reserves in the world and the highest daily oil production of any oil-producing company.