Turkish telecommunications giant Türk Telekom on Thursday signed a deal with American energy giant and conglomerate General Electric (GE) Digital to explore collaboration in the area of the industrial Internet of things (IoT) for the country's industries.
The "Digital Transformation of Industrial Companies" memorandum of understanding was signed between Turk Telekom and GE Digital, said a statement by the Turkish firm.
Türk Telekom said that they will provide services to support industrial companies' digital maturity level and help them set transformation strategies and roadmaps.
"With GE Digital, we will be able to identify the digitalization level of the companies and provide them with digital solutions that have become part of the business world with the Digital Industrial revolution," said Paul Doany, Türk Telekom CEO.
He added that they will provide significant opportunities for the companies to help them be part of and benefit from the 4th Industrial Revolution.
They intend to cooperate to boost industry's competitiveness with industrial IoT, Türk Telekom highlighted.
The company stressed that digital transformation services aim to increase performance and efficiency in companies' production processes.
As a leader in consumer IoT, Türk Telekom brings a wealth of knowledge about clients around the country, stressed Ali Saleh, senior vice president and chief commercial officer for GE Digital Middle East, Africa, and Turkey.
Saleh said: "With both sides together, we can work to support the digital transformation of the country's most important infrastructure, helping to move critical engines for economic development into a digital future."
Türk Telekom provides information and communication service to all companies ranked on Turkey's Top 500 list, the company said.
Türk Telekom, with 176 years of history, is the first integrated telecommunications company in Turkey, and GE is the world's digital industrial company, transforming industry with software-defined machines and solutions, according to the statement.