Aramco and IBM have announced preliminary plans for a strategic collaboration to establish an Innovation Hub in Riyadh in Saudi Arabia. The collaboration aims to support high-tech driven economic growth in the Kingdom of Saudi Arabia leveraging emerging technologies in hybrid cloud, AI, and quantum computing to address objectives including circular economy, materials science, supply chain, sustainability, security, and digitization.As part of the plans, Aramco and IBM will collaborate to identify potential opportunities for the application of technologies to address sustainability challenges. The aim is to accelerate the exploration of climate mitigation and adaption solutions using hybrid cloud, AI, and other emerging technologies, to help improve carbon emission performance and prepare enterprises for the impact of climate change in alignment with the Kingdom’s sustainability vision. IBM and Aramco also plan to collaborate to identify opportunities for the application of technology to address supply chain efficiency and resiliency challenges, such as providing greater visibility and transparency across the supply chain.The planned Innovation Hub aims to bring together IBM Consulting and Technology experts to work alongside Aramco experts in identifying novel and potentially impactful uses of technology, showcasing viability through an agile iterative approach, and then scaling these innovations. This center is one of the first in the region that will apply the IBM Garage methodology to co-create and co-develop digital solutions with Aramco and others in the region.