Aramco turns to big data to shape M&A and boost profit - executive


FILE PHOTO: The logo of Saudi Aramco is pictured outside Khurais, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo

DUBAI (Reuters) - Saudi oil giant Aramco is boosting its big data and artificial intelligence unit that links up its assets to help maximise profit, assisting on decisions from trading to acquisitions, a senior executive told Reuters.

"We have 70 people working on this, we're still adding more," Yasser Mufti, Aramco's executive vice president for products and customers, said in an interview offering rare insight into its operations.

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