Qatar PR Network, Online Press Release from qatar and Doha city
 
Business, Banking, Investment, Insurance(Banking & Investments)
Filter PR by
  
Qatari Investors Group (QIG) selects Rise with SAP for accelerated transition to Cloud in-country
 
Qatari Investors Group (QIG) selects Rise with SAP for accelerated transition to Cloud in-country

Photo caption (from left): Jeejith Sreedharan, Senior Manager - ICT, QIG; Rafeeq Ali, Senior Account Executive, SAP; Alaa Jaber, Managing Director, Qatar & Fast Growth Markets, SAP; Joseph Abdo, CEO, QIG; Wissam Elhage, Senior Manager, SAP; Mouhamad Aboudaher, Chief Human Resource Officer, QIG; and Khaled Al Mufleh, Manager - Supply Chain, QIG.

Doha, Qatar — May 15, 2024 — Qatari Investors Group Q.P.S.C. (QIG), a diversified conglomerate listed on the Qatar stock exchange, has signed a partnership agreement with global technology company SAP SE (NYSE: SAP) that will enable it to leverage the benefits of SAP's cloud ERP solution, with data securely hosted in Qatar.

QIG will move its mission-critical business processes from its legacy on-premises ERP software systems to SAP S/4HANA Cloud, an enterprise resource planning (ERP) solution that enables 360-degree visibility and greater control over all operations. The move will be accelerated through the adoption of RISE with SAP, a comprehensive subscription offering regular updates to make QIG more resilient and agile in today's rapidly changing global market.

Joseph Abdo, Chief Executive Officer of QIG, explains, 'QIG worked closely with SAP to create a roadmap that is aligned with the country's digital transformation agenda and Qatar's National Vision 2030. We also wanted to ensure that we had real-time data and insights to respond rapidly to changes in the market, while delivering greater value to our customers. With RISE with SAP Cloud, we can transition to cloud without business risk, while gaining advantages from automated processes that allow us to concentrate on innovation and growth. We will see immediate benefits, such as streamlined operations and increased efficiencies, while setting ourselves up for long-term success, with automatic upgrades to new technologies and a scalable and flexible digital infrastructure.'

A key motivator for QIG in selecting SAP as its digital transformation partner was SAP's deep expertise in multiple industries, and the ease of establishing an integrated platform to manage diverse operations. QIG's subsidiaries and business interests include building and construction materials and services – such as the group's flagship project, Al Khalij Cement Company – as well as technology, marine services, property, project development, contracting and financial services.

Alaa Jaber, Managing Director for SAP, Qatar and Fast Growth Markets, commented, 'In an intensely competitive market, QIG is known for being futuristic in outlook and effective in management, and this digital transformation is a prime example of this approach. RISE with SAP enables customers to adapt to fast-changing conditions, from rapidly evolving AI applications to cybersecurity threats. The deployment will make QIG increasingly resilient, efficient, and agile, while also allowing it to innovate more quickly and easily.'

Posted by : Qatar and Doha City PR Network Editorial Team
Viewed 9132 times
PR Category : Banking & Investments
Posted on : Wednesday, May 15, 2024  4:59:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of QatarPRNetwork.com.
Previous Story : QFZ and Evonik Sign MoU at Qatar Economic Forum, Aiming to E...
Next Story : QFZ and FedEx Logistics Sign MoU to Establish a Regional Log...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Slay the sun-kissed girl makeup look: Your Ultimate Guide [37315-Views]
Catrice Cosmetics Introduces the Clean Girl Makeup Look with New Essentials! [35753-Views]
Catrice Unveils the Spring/Summer 2024 Collection: Introducing Shine Bomb Lip Lacquer! [27003-Views]
Ogilvy Appoints Antonis Kocheilas Global Chief Transformation Officer [26717-Views]
Unleash Your Inner Royalty with "Call me Queen" Dramatic False Lash Effect Mascara by esse... [22126-Views]
POCO Sets New Standard with Global Launch of F-Series in Dubai [21754-Views]
Ground Handling Priorities: Safety, Global Standards and Sustainability [19961-Views]
Panasonic Announces FY24 Business Strategy For Sustained Growth in Middle East and Africa [18248-Views]
WFP News Video: WFP Warns Unprecedented Drought and Floods Causing Surge in Climate Related Hunger [15893-Views]
Hunger Hotspots Report: Famine Looms In Gaza While Risk Of Starvation Persists In Sudan, Haiti, Mali... [15820-Views]
Packed crowds flock to Friday's races at the AlUla Camel Cup 2024 [15412-Views]
Urgent Call To Action To Address Historic El Niño Drought In Southern Africa [15148-Views]
Air Cargo Demand Continues Strong Growth into Q2 [14732-Views]
IATA SAF Registry [13425-Views]
Last-Minute Eid Shopping With Max Fashion's New Collection [11534-Views]
Ajmal Perfumes Unveils Eau D'Oud- A New Standard of Elegance and Luxury [5795-Views]
Visit Qatar to take centre stage at Arabian Travel Market [5232-Views]
Qatar Airways to Participate in ATM Dubai 2024 with the World's First AI Digital Human Cabin Crew, S... [4668-Views]
Pickl Invites Foodies to its First Ever Grand Opening in Doha [3817-Views]
UAE and Qatar Sign Double Taxation Avoidance Agreement [3817-Views]
 
RSS Facebook Twitter LinkedDin QatarPRNetwork.com on Instagram
 
Top Sections
 
Top Stories