BusinessSan Donato Milanese

San Donato Milanese/Milan, March 23, 2017 - Saipem and NTT DATA have signed a cooperation agreement with a view to prototyping and implementing new solutions in Saipem yards and on Saipem vessels.

Saipem and NTT DATA will collaborate in the application of technologies such as wearable devices, Internet of Things, cyber security, and virtual and augmented reality, with the aim of improving efficiency and developing new business opportunities for the clients of the Italian contracting company, while maximising reciprocal excellences.

In 2016, NTT DATA and Saipem-Innovation Factory collaborated on the 'Digital Site' project at Saipem's Arbatax yard in Sardinia, where the use of innovative devices for the health and safety of workers, among which NTTS DATA's Hitoe smart shirt, was experimented.

Stefano Cao, Saipem CEO, commented: 'This collaboration fits neatly into the process of transformative innovation and opening to the ecosystem undertaken by Saipem. Synergy with a partner such as NTT DATA bolsters our network of collaborations in Italy and at the same time enriches the Company's competencies in the digital field'.

'We are pleased to share our vision through concrete projects with global partners of Saipem's prestige. High quality Italian engineering and Japanese innovation will combine to bring added value to Saipem's clients', said Walter Ruffinoni, CEO of NTT DATA Italia. 'The application of open innovation models allows ideas to flow and circulate in a completely new way. An ecosystem in which a business is connected to the best technological partners, to universities and to start-ups, facilitates the creation of value and constitutes a vital element for those companies looking towards the future'.

About Saipem

Saipem is one of the world leaders in drilling services, as well as in the engineering, procurement, construction and installation of pipelines and complex projects, onshore and offshore, in the oil & gas market. The company has distinctive competences in operations in harsh environments, remote areas and deepwater. Saipem provides a full range of services with 'EPC' and 'EPCI' contracts (on a 'turn-key' basis) and has distinctive capabilities and unique assets with a high technological content.

About NTT Data

NTT DATA is one of the main global players in the field of IT Consulting and Services. Digitalisation, Consulting Services, Cyber Security and System Integration are just a few of our main business lines. Beginning with innovation, our mission is the creation of value for our clients. With a global reach of over 50 countries, 100,000 professionals and an international network of research and development centres in Tokyo, Palo Alto and Cosenza, we forge the future business models of companies.

Saipem contacts

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Switchboard: +39 0244231

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Brunswick Italy press office

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Contact point for retail investors

E-mail: segreteria.societaria@saipem.com

NTT Data contacts

Website: www.nttdata.com/it;

Media relations manager: Sara Bianchi

Tel: +390283125842

E-mail: sara.bianchi@nttdata.com

Comin&partners press office:Riccardo Acquaviva

Tel: +390689169407

E-mail: riccardo.acquaviva@cominandpartners.com

Saipem S.p.A. published this content on 23 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 March 2017 09:42:17 UTC.

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