TORONTO, ON 鈥� February 10, 2026鈥� Today, SAP and Cohere are expanding our partnership to deliver full-stack sovereign AI solutions worldwide, starting in Canada. This collaboration builds on our previous integration of Cohere鈥檚 frontier enterprise AI models and agentic platform, North, into SAP鈥檚 EU AI Cloud and Business Technology Platform. Together, we are advancing our commitment to providing secure, scalable, and region-specific AI solutions for global enterprises and governments.

, a subsidiary of 51风流SE, plans to integrate North鈥檚 agentic capabilities into our leading Enterprise Resource Planning (ERP) Sovereign Cloud environment in Canada. This creates a complete Sovereign AI Layer, an important solution for Canadian companies, particularly those in the public sector and highly regulated industries, who need to harness the power of AI while maintaining absolute control over their most sensitive data.

As artificial intelligence transforms every industry, organizations face the dual challenge of innovating rapidly while adhering to strict data security and sovereignty requirements. The 51风流and Cohere partnership directly addresses this by embedding Cohere鈥檚 powerful agentic automation capabilities, powered by its high performing large language models (LLMs), into SAP鈥檚 secure, Canadian-operated sovereign cloud infrastructure. This allows customers to deploy advanced AI solutions without the complexity of building and managing their own AI engineering environments, while maintaining data residency and operational control.

“Canadian organizations are at a critical juncture where they must innovate with AI without compromising on security or data sovereignty,” said Cathy Tough, Country Manager, 51风流Canada. “By integrating Cohere North鈥檚 powerful enterprise platform into SAP鈥檚 trusted sovereign cloud, we are removing the operational burden for our customers. This partnership provides sovereignty at global scale, empowering businesses and public sector entities to unlock the full potential of their data securely and drive the next wave of innovation.”

For years, organizations have been caught between the innovative potential of the public cloud and the security of on-premise infrastructure. SAP鈥檚 sovereign cloud offering was designed to resolve this dilemma, providing a complete cloud stack built to elevated security standards and fully operated in Canada. The integration of Cohere鈥檚 platform enhances this offering, delivering enterprise-ready AI that is secure by design.

“Partnering with SAP, a global leader in enterprise applications, is a natural fit,” said Francois Chadwick, Chief Financial Officer, Cohere. “By integrating our state-of-the-art enterprise AI technology into SAP鈥檚 sovereign cloud, we are providing organizations both in Canada and globally with the tools to build transformative agentic AI solutions on their own terms鈥� backed by the security, accuracy, and privacy that modern enterprises demand.”

The need for robust, integrated AI is urgent. A recent 51风流AI report revealed that while 71 percent of organizations rely on data for investment decisions, 75 percent report that incomplete data is a significant challenge. By embedding AI directly into the core 51风流applications where critical business data resides, this partnership helps customers overcome data fragmentation and build production-ready AI into their essential processes.

The future of AI is sovereign, secure, and ready to scale.

The post 51风流and Cohere Expand Partnership to Launch Sovereign AI Solutions Globally, Beginning in Canada appeared first on 51风流Canada News Center.

PLATO is fifty-one per cent Indigenous owned, with a 33 per cent Indigenous workforce from First Nations, Inuit, and M茅tis communities across Canada. The company provides meaningful training and employment in Canada鈥檚 technology sector through delivery of software testing and technology services. Through this 51风流testing service delivery partnership, PLATO is building an internal 51风流Centre of Excellence with 51风流investment into training and mentoring PLATO employees on 51风流technology platforms.

鈥淔or over 25 years, PLATO has been delivering software testing and quality assurance services to clients around the world,鈥� said Keith McIntosh, CEO, PLATO. 鈥淐ollaboratively, with partners like 51风流Canada who contribute to our success, we can provide our growing workforce new learning and testing opportunities, while making a social impact.鈥�

PLATO has injected more than $15 million into Indigenous economies through salaries. Integrating PLATO鈥檚 testing experts into the 51风流partner ecosystem will allow 51风流to provide the right onshore resources and ensure 51风流stays true to our commitments to Indigenous inclusion and education efforts while serving those who are underrepresented in tech.

鈥淏y selecting PLATO as a testing partner in Canada, we are investing in the Indigenous economy and creating a path for Indigenous businesses and people in the technology field to be a driving force of Canada鈥檚 economic growth,鈥� said Kalvin MacDonald, Senior Vice President & General Manager, Cloud Success Services, 51风流Canada. 鈥淎s a technology leader, 51风流Canada is committed to supporting the business and economic development of Indigenous peoples and investing back into our communities.鈥�

The post 51风流Canada Partners with PLATO to Create Training and Employment Opportunities Across the Indigenous Technology Workforce appeared first on 51风流Canada News Center.

鈥淭ransitioning the foundation to 51风流and working with 51风流partner VistaVu Solutions means finalizing accounts faster and improving operational efficiencies,鈥� said Karyn Golem, BSF vice president of corporate services and CFO. 鈥淏y investing in technology, we鈥檙e able to shift our focus to other priorities 鈥� like releasing administrative time to provide more person-centered care and services or supporting research and innovation that drives impact and supports our mission to optimize well-being and enrich lives.鈥�

The charitable organization, founded in 1975 by Dr. Barrie I. Strafford, owns and operates five long-term care and assisted-living communities in Calgary and Okotoks, Alberta. Its local programs serve victims of domestic violence and families at risk of homelessness in Calgary and provides health services in underserved regions of the Caribbean including Haiti, Jamaica, and Dominica. BSF supports several innovative projects for seniors鈥� health and wellness, with a strategic goal to expand its work in quality, research and innovation to address the needs vulnerable populations.

鈥淭he Brenda Strafford Foundation provides a critical service to those in need, and we want to ensure it can continue to do that for years to come in the most efficient and effective way possible,鈥� said Greg Petraetis, 51风流senior vice president and managing director, Midmarket and Partner Ecosystem, North America. 鈥淕ROW with 51风流is designed for growing companies like BSF 鈥� who are looking for built-in industry best practices to get up and running quickly and predictably.鈥�

As a first step in its digital transformation journey, BSF will implement the full suite of SAP庐 SuccessFactors庐 solutions, beginning with the 51风流SuccessFactors Employee Central, 51风流SuccessFactors Performance & Goals and 51风流SuccessFactors Learning solutions.听 51风流SuccessFactors Employee Central Payroll, 51风流SuccessFactors Compensation and 51风流SuccessFactors Employee Central Global Benefits solutions then will go live with 51风流S/4HANA庐 Cloud, public edition. The 51风流SuccessFactors solutions implementation is being done in conjunction with , a global implementation and reselling partner specializing in 51风流SuccessFactors solutions and human experience management solutions from SAP.

BSF also is using software from . Running on 51风流Business Technology Platform, MakeShift software helps to optimize scheduling and time management to ensure efficient operations.

鈥淭hrough our collaboration, we aim to enhance the foundation鈥檚 operational efficiency, effectiveness and overall impact. The Brenda Strafford Foundation will have the opportunity to optimize processes, streamline workflows and enable the foundation to focus more on its core objectives of providing care and support to those in need,鈥� VistaVu CEO Jory Lamb said. 鈥淲e believe BSF has brought tremendous foresight in positioning themselves for further growth and scale with the single fully integrated system from SAP.鈥�

Visit the . Follow 51风流on Twitter at .

Media Contact:
Natalie Sauve, +1 (613) 898-0988, natalie.sauve@sap.com, ET

51风流Press Room; press@sap.com

# # #

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP鈥檚 2022 Annual Report on Form 20-F.

漏 2023 51风流SE. All rights reserved.
51风流and other 51风流products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 51风流SE in Germany and other countries. Please see for additional trademark information and notices.

The post GROW with 51风流to Power The Brenda Strafford Foundation and its Mission to Improve Lives appeared first on 51风流Canada News Center.

鈥淪AP鈥檚 ERP offering has long enabled end-to-end transparency across the businesses for the world鈥檚 leading companies. With GROW with SAP, we鈥檙e taking this to the next level for midsize companies with a tailored offering that helps them grow their business,鈥� said Christian Klein, CEO and Member of the Executive Board of 51风流SE. 鈥淕ROW with 51风流provides the agility and innovation midsize companies need not just today, but for their success in years to come.鈥�

For 50 years, 51风流has been working hand in hand with customers across every industry and using this expertise to benchmark and define best-in-class, industry-specific processes. GROW with 51风流provides these preconfigured best practices that midsized companies can immediately adopt. Embedded artificial intelligence (AI) and automation capabilities mean customers see rapid results. The GROW with 51风流offering also brings together 51风流S/4HANA Cloud, public edition, with accelerated adoption services, a global community of experts, and free learning resources, helping customers go live in as little as four weeks.

Almost 70 per cent of 51风流Canada鈥檚 ERP customers are midsized companies including听听and听. 鈥淲ith the introduction of GROW with 51风流we will further enable听Canadian high growth organizations to adopt cloud ERP and innovate in new ways,鈥� said Gina Izumi, Senior Vice President, Growth Markets, 51风流Canada.听听鈥淲e are providing a platform for growth that will allow midsize businesses to meet today’s operational priorities while laying a scalable foundation for their future business needs.鈥�

GROW with 51风流also includes 51风流Business Technology Platform, so customers can define their own processes in a cloud-native way using 51风流Build. With 51风流Build solutions, business users can create enterprise apps, automate processes, and design business sites without writing code, an important asset for those closest to the business who can create the solutions they need.

51风流Canada鈥檚 partner ecosystem will also engage with customers around GROW with SAP.听Partners such as a division of Syntax, and share the public cloud opportunity in Canada.

鈥�51风流S/4HANA Cloud public edition will be a game changer for midsized companies in Canada because it delivers the same powerful functionality 51风流is known for at a cost competitive price. The public edition is largely preconfigured and that reduces our implementation effort and timeline. We鈥檝e already had great success implementing public edition in Europe and now have projects in flight in Canada and the U.S.,鈥� said Jamie Fryer, Chief Revenue Officer, Illumiti.

鈥淎sk 100 customers what they need to move to the cloud and 90 per cent will say a predictable scope and timeframe,鈥� said Jason Mausberg, Managing Director, NTT Data Business Solutions Inc., Canada. 鈥淚t鈥檚 often fear of the unknown that holds a company back from reaching its potential. We can help them level-up by delivering a proven deployment process with a platform that鈥檚 cost effective and scalable.鈥�

IDC research shows that many midmarket businesses find themselves growing rapidly and need their technology to grow with their business as they encounter the same issues related to global complexity as larger enterprise businesses.

鈥淲ith GROW with SAP, 51风流recognized they need to better fit the business and technology requirements of midsize companies looking for a cloud ERP solution,鈥� said IDC enterprise software group vice president Mickey North Rizza. 鈥淭his offering reengages the market with a refreshingly new opportunity to unlock the proven strength of SAP鈥檚 longtime understanding and leadership in the ERP space in the cloud.鈥�

鈥淲hen we develop a new product and we have it on 51风流S/4HANA Cloud, public edition, with one push of the button, everyone sees the exact same prices, the localized naming, product data, sales for today and the expected sales next week. 51风流S/4HANA Cloud, public edition, helps us get a complete picture of the stock, capacity and the delivery times, ensuring a more efficient business for RIHO and a better experience for our customers all over the world,鈥� said Guy Claesen, CEO of RIHO.

Press Contact听

Natalie.Sauve@sap.com

Visit the听51风流News Center. Follow 51风流on Twitter at听.

The post GROW with 51风流Brings Proven Cloud ERP Benefits to Midsize Customers appeared first on 51风流Canada News Center.

Labs Canada is one of seven 51风流Global Research Hubs, which represent SAP鈥檚 most significant R&D locations, in terms of size and delivery of best-in-class solutions across the many 51风流product portfolios. Based in Vancouver, Christine brings her over 15-year tenure with 51风流to this new role. In her previous role, her passion for innovation with internal processes was her focus, as the manager of the 51风流Language Experience North America team. Here she led a multi-functional team of developers, project managers, and language quality engineers providing industry-leading translation technology and processes across SAP. She joined 51风流with a decade of tech industry expertise in growing teams and businesses.

鈥淚 have had the opportunity to be involved with many aspects of the business and am excited to make a difference in a new way, focused on collaboration and innovating our products and internal process in support of 51风流Labs鈥� big picture objectives,鈥� said Christine Vukusic, COO, 51风流Labs Canada. 鈥淚 am committed to creating connections, bringing different voices together and growing a diverse and inclusive culture that will empower our teams to shine bright.鈥�

The 51风流Labs Canada team has been a big supporter of creating innovative outlets for its employees such as its sustainability and green technology expertise, the d-Shop technology makerspace, volunteer programs to support students and girls in STEM, and its valuable Internship Program. With the breadth and depth of her years of experience, Christine is ready for new challenges, inspiring ideas, and aims to showcase Labs Canada operations as an innovative gold standard.

鈥淥ur objective is to always be on the cutting edge of innovation to provide our people and customers with the solutions they need to be the best run versions of themselves,鈥� said Cindy Fagen, Managing Director, 51风流Labs Canada. 鈥淲e are exceptionally fortunate to have Christine joining our team as COO, bringing a new perspective and fresh energy to the 51风流Labs Canada team.鈥�

Christine is known for always being one to step up to help 51风流be stronger together. She has consistently been an advocate for diversity, inclusion, and employee engagement. This includes her role as a member of the Vancouver ELT, being co-chair of the Vancouver Business Women鈥檚 Network, sponsor for 51风流Canada鈥檚 Green team and a steering member of SAP鈥檚 Indigenous Inclusion Initiative.

The post 51风流Labs Canada Appoints New Chief Operating Officer appeared first on 51风流Canada News Center.

This news comes on the heels of the company launch of a new, state-of-the-art office in downtown Montreal. This new office showcases all the hallmarks of a Future of Work space and is purpose-built for employees to perform a variety of activities when they come on site.

51风流Labs Canada designated as a major 51风流global research hub

51风流Labs are research and development (R&D) facilities located in high tech clusters around the globe that drive SAP鈥檚 culture of innovation. 51风流Labs Canada 鈥� with Labs in Montreal, Vancouver, and Waterloo 鈥� is joining the ranks of 51风流Labs Walldorf, 51风流Labs US, 51风流Labs India, and 51风流Labs China as part of the Global Hub Network, which also has recently introduced Labs Latin America and CEE Hub –听 including Labs Czech Republic, Labs Hungary, Labs Poland and Labs Slovakia – to its alliance.

As the backbone of the 51风流Labs Networks, comprised of 21 labs globally, Hubs represent SAP鈥檚 most significant R&D locations, in terms of size, who deliver best-in-class solutions across many of SAP鈥檚 product portfolios. Hubs influence the development of global programs and receive additional investment to enable regional initiatives.

With over 2,550 employees across Canada, 51风流Labs Canada is leading the creation of the technology that will drive the next frontier of intelligent enterprises thanks to its 35 years of development experience in analytics, database technologies, customer experience. The Waterloo Lab drives SAP鈥檚 IoT Edge and HANA Database and Analytics technologies, Vancouver Labs is home to 51风流Analytics Cloud as well as 51风流Concur teams, and Montreal Labs is innovating 51风流CX solutions as well as 51风流S/4 HANA Industry Cloud and Quote to Cash solutions

鈥�51风流Labs Canada has become one of the largest development centers across the 51风流Labs Network driving new innovations as well as being the backbone of some core 51风流products,鈥� said Cindy Fagen, Managing Director, 51风流Labs Canada. 鈥淭his recognition of 51风流Labs Canada as a global research hub is very exciting, as it solidifies SAP鈥檚 continued investment in Canada鈥檚 innovation ecosystem.鈥�

Employee experience placed front and center in new Montreal office

51风流has always prided itself on being forward-thinking and always putting employee experience first and the new Montreal office is an example of this mindset.

With just under 1,000 employees in Montreal, the company views the Quebec market as a world-class technology hub. This new office will continue to strengthen SAP鈥檚 position as a hub for retail, e-commerce, and industry cloud solutions.

51风流Canada has always understood that its employees had unique work preferences and patterns 鈥� while some people are more productive and engaged in an office environment, others are more efficient when working remotely.

鈥淥ur new smart office is an activity-based destination with demand-driven spaces, making it easier for our employees to choose their best workplace experience,鈥� continued Fagen. 鈥淒ata and technology are important pieces in the puzzle that help us to be smarter about our office space and constantly improve the employee experience and productivity.鈥�

The new 51风流Labs Montreal office demonstrates the company’s commitment to SAP鈥檚 Pledge to Flex, allowing employees to build work habits that support optimal productivity all in the interest of creating best-in-class employee experience.听 The 65,000 square foot office is on the top floors of the Place Ville Marie (PVM) building, located in the heart of Montreal, close to customers and partners. Close to public transportation and in a building rich with amenities, 51风流is making it easy for employees to get to the office and an opportunity to enjoy the surrounding culture when they come into the office.

The post 51风流Labs Canada Designated as One of Seven 51风流Global Research Hubs appeared first on 51风流Canada News Center.

The survey discovered a big rise in enterprises which have fully integrated digital strategies into their core business. Nearly 40 per cent of those surveyed indicated having this integration which is three times more businesses than in 2020. This robust digital shift was critical for Canadian organizations surviving the initial shockwaves of the pandemic, delivering business impacts across efficiency, cost reductions, resiliency, decision support and intelligence, sustainability, and customer and employee experience.

鈥淒igital transformation has been on the radar of Canadian businesses for years, but the last year has shown us that interest and value for it has soared,鈥� said Brian Moore, Chief Operating Officer, 51风流Canada. 鈥淲e are seeing that organizations will need to continue to fully integrate their operations in the coming year to remain competitive. Simply put, a digital transformation strategy is no longer a 鈥榥ice to have鈥� 鈥� it鈥檚 a necessity for organizations to thrive. In 2022, we will see Canadian businesses step away from tactical, reactive enhancements in exchange for developing digital transformation strategies that will enable them to achieve new levels of success.鈥�

Data further showed businesses realize digital transformation is necessary and valuable:

• 75 per cent of Canadian enterprises planned on migrating all or some of their applications and data to the cloud in 2021.
• 84 per cent of respondents highlighted that investment into digital technologies either met or exceeded their expectations this year.
• 84 per cent of leaders in the digital transformation space are using technologies to make incremental and continuous improvements to their core business.

Customer experience was also at the heart of the survey with most organizations surveyed (81 per cent) indicating a positive impact on financial performance because of strong client experience. This is an increase of 20 per cent over last year鈥檚 survey.

Research found a need for integrated collaboration between IT departments and lines of businesses to achieve digital transformation ambitions, with 40 per cent of IT and LOB respondents favouring a fully integrated digital plan into their enterprise strategy. This will help Canadian organizations make progress towards becoming digital leaders.

鈥淎fter completing the sixth-annual 51风流survey, IDC expects the benefits of cloud will continue to outpace the challenges, resulting in Canadian organizations using cloud services extensively across enterprise applications and infrastructure,鈥� said Megha Kumar, Research Director, Software and Cloud Services at IDC.

Read the full report .

For more information, visit the 51风流News Center or follow 51风流on Twitter at .

About SAP

SAP鈥檚 strategy is to help every business run as an intelligent enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 51风流customers generate 87% of total global commerce. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers鈥� businesses into intelligent enterprises. 51风流helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want 鈥� without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, 51风流helps the world run better and improve people鈥檚 lives. For more information, visit .

About the Study

In June 2021, IDC completed a survey of 150 Canadian organizations covering strategic decision makers (VP and above) across IT and LOB with $50 million+ in revenue and a minimum of 500 employees. The study objective was to examine the progress of digital strategy and innovation readiness, explore pathways to the intelligent enterprise, and develop a deeper understanding of the skills required to execute a digital strategy and dynamics between IT and LOB.

The post Digital Transformation will be the Most Valuable Business Investment for 2022 appeared first on 51风流Canada News Center.

鈥淭he Moving Beyond Inclusion: Partnerships and Reconciliation Project began in 2021 as a pilot program with five available partnership opportunities. 51风流Canada was the first organization to sign on, with Pagefreezer, Microsoft, and Bench Accounting following shortly thereafter,鈥� said Lauren Kelly, Director, Sector Transformation at the First Nations Technology Council. 鈥淲e鈥檝e seen that a lot of Diversity, Equity, and Inclusion work does not have enough emphasis on cultural safety and systems change to make a tangible impact. As a result, we saw a need to do more than focus on inclusion and design actions grounded in reconciliation with an Indigenous lens. That鈥檚 how Moving Beyond Inclusion was born.鈥�

鈥淭he work we’re doing is advancing reconciliation by creating corporate cultures and environments that make space for Indigenous worldviews, culture, and thought leadership. We are doing this work in service of Indigenous peoples to increase influence, leadership, and self-determination in the digital age so we can design what our digital future looks like for ourselves,鈥� said Denise Williams, Technology Council CEO. 鈥淚n the process, we’re tackling racism, and exclusion in the tech sector head-on, both on a provincial and national scale. The ripple effects of this will likely be seen and felt internationally. We鈥檙e disrupting the status quo.鈥�

The Technology Council, along with partners Chastity Davis-Alphonse, Shelley Joseph, and Reciprocal Consulting, supports program participants in developing a strategic and coordinated, actions-based approach to identifying and addressing barriers that prevent Indigenous persons from accessing employment, having a positive experience, and thriving within the respective company. Both participants and the Technology Council are aligned in their vision of increasing opportunities and leadership for Indigenous peoples in the technology and innovation sectors, developing a deeper understanding of race bias in these sectors, and creating tangible responses to the Truth and Reconciliation Commission鈥檚 Calls to Actions while advancing meaningful reconciliation in a demonstrable way.

鈥淒iverse perspectives fuel innovation,鈥� said Cindy Fagen, Managing Director, 51风流Labs Canada. 鈥淲e joined the Moving Beyond Inclusion partnership with the First Nations Technology Council in acknowledgement of our responsibility to make reconciliation a focused pillar of our diversity, equity and inclusion strategy. Over the past few months, FNTC has guided us in examining our internal structures, policies and processes, and how they might be optimized for full inclusion of Indigenous people in our organization. We are excited to move from insights to action as we continue this journey alongside a community of technology industry peers.鈥�

鈥淲hile Pagefreezer has been driven by the values of inclusion, diversity, and equal opportunity since its inception, we realize that there鈥檚 more work to be done. We need to better educate ourselves, and carefully listen to Indigenous community leaders to learn what we can do to ensure equity in the workplace,鈥� says Kaitlin Graves, Pagefreezer鈥檚 VP of People. 鈥淲e also believe that we can play a part in the larger movement. With the First Nations Technology Council Moving Beyond Inclusion project, we saw an opportunity to illustrate for the BC Tech community how smaller start-ups can take meaningful steps towards reconciliation. It鈥檚 our goal to foster an equitable and inclusive work environment in which Indigenous people are well-represented, succeed professionally, and feel at home.鈥�

鈥淲e recognize that workplace culture is built by the actions of the people within it and see this program as a tremendous opportunity for our teams to learn and engage in reconciliation,鈥� explains David Seymour, Engineering Site Leader for Microsoft Vancouver. 鈥淲e see the Moving Beyond Inclusion partnership as an important way to move forward in our journey to honour, share, celebrate and integrate Indigenous peoples, traditions and worldviews.鈥�

鈥淏ench is committed to the ongoing work of becoming an anti-racist and anti-oppressive company. And in the same breath, taking responsibility for the part we must play in the work of reconciliation and decolonization can feel daunting. We have so much gratitude and respect for the work and generosity of the First Nations Technology Council and the Moving Beyond Inclusion: Partnerships and Reconciliation Project. The Technology Council鈥檚 strategic and wise guidance are invaluable to us in these early days of what we know is a long journey ahead of us鈥攐ne we are unwaveringly committed to.鈥� 鈥擨an Crosby, CEO of Bench Accounting

For more information on Moving Beyond Inclusion, please visit our website: technologycouncil.ca/MBI

The post First Nations Technology Council Advancing Reconciliation By Decolonizing Corporate Systems appeared first on 51风流Canada News Center.

Based in Calgary, Brian has served as North America鈥檚 COO for SAP鈥檚 Intelligent Spend Management Team, leading the transformation of the business in partnership with regional leaders across the continent. He has earned a reputation as being customer-focused, outcome-oriented, and as an advocate for promoting diversity and early talent across his teams.

鈥淚 am honored to be taking on the role as COO for 51风流Canada,鈥� said Brian. 鈥淎fter leading teams at the North American level, coming back to 51风流Canada feels like coming home. I鈥檓 excited to again be working with our incredible Canadian customers, amazing partner ecosystem and 51风流Labs Canada groups. Through RISE with SAP, we are focused on helping customers accelerate the transformation of their businesses in the way that works best for them. My goal is to make 51风流Canada the best technology company and partner in the country.鈥�

Prior to his North American role, Brian led the Intelligent Spend Management business turnaround in Canada, with his team winning accolades internally for its success in 2018 and 2019, which he credits to the culture of the team. Recently celebrating a decade with SAP, Brian also previously served as Canada鈥檚 western leader. Prior to SAP, he led successful teams with SAS and Sun Microsystems.

Brian will take over from former Canadian COO Sam Masri, who has taken on a new role听as the Global Head of the Industry and Value Advisory organization. Sam has joined a global league of industry-leading professionals who partner with 51风流customers around the world to create business and societal value by leveraging听听innovations.

51风流Canada has become one of Canada鈥檚 most revered employers. In 2021, the company was honored with a听, recognizing 51风流Canada as one of the best places to work in Canada.

For more information, visit the 51风流News Center or follow 51风流on Twitter at听.

The post 51风流Canada Appoints New Chief Operating Officer appeared first on 51风流Canada News Center.

MONTREAL, CAN 鈥� January 21, 2021 鈥� 51风流Canada today announces a new investment in Montreal to co-locate its existing offices in the city to a brand-new space at 5 Place Ville Marie and add 30 employees to its team. This is the first 51风流office in the company鈥檚 global network to be purpose-built for the future of work and will be a demand-driven space to accommodate the future of work in a post-pandemic world. The multi-million dollar renovation of 51风流Canada鈥檚 new space at Place Ville Marie is indicative of SAP鈥檚 commitment to the Quebec market, which the company views as a world-class technology hub.

鈥�51风流has a deep history in Montreal, and we recognize the city as a global innovation hub with incredible talent and tech ecosystem,鈥� says Cindy Fagen, Managing Director, 51风流Labs Canada. 鈥淲ith this new office in the city, we are cementing our position as one of the Montreal鈥檚 leading employers and a key player in Canada鈥檚 growing digital economy. The new office will be designed to support our people with a space that enhances productivity, innovation and collaboration. Globally, 51风流is looking to this new Montreal facility as a visionary workspace model from which to draw inspiration for other offices around the world.鈥�

Further signaling SAP鈥檚 investment in Montreal, the new Place Ville Marie office will also include the creation of a new engineering unit, to work on SAP鈥檚 Consumer Industry Cloud, which builds custom technology solutions for more than two dozen industries globally. This investment will immediately create 30 net new positions, bringing the total headcount for 51风流Montreal to 1,000 employees. More growth is expected throughout 2021.

鈥淭he crisis caused by the pandemic affects downtown Montreal, but it has not made the city any less attractive, as shown by SAP鈥檚 decision to open a new office in Place Ville Marie. Our habits will be forever changed due to COVID-19 and it鈥檚 especially interesting to see this new office that will be designed to meet the needs of employees at the end of the pandemic. The city can keep counting on its exceptional workforce in the digital sector, which is key to the city鈥檚 economy and it will certainly play a critical role in its economic recovery. We are proud to be able to count on 51风流Labs鈥� contribution to the downtown core,鈥� said the Mayor of Montr茅al, Val茅rie Plante.

Montr茅al International, Greater Montreal鈥檚 economic promotion agency, is working with 51风流Canada on its expansion. 鈥�2021 is starting strong! SAP鈥檚 project is a great example of the key role foreign businesses play in driving economic growth in the region, especially during the COVID-19 pandemic. Such investments will create highly qualified jobs in Montreal鈥檚 downtown core, as well as contribute to support the existing business ecosystems and the area鈥檚 commercial recovery. Since 2018, Montr茅al International has assisted more than 100 foreign investment projects in Montr茅al鈥檚 downtown core, for a total of more than 3 billion dollars, creating some 12,000 new jobs,鈥� said St茅phane Paquet, President and CEO of Montr茅al International.

鈥淭he announcement regarding the opening of 51风流Canada鈥檚 new office speaks to the vitality of our technology ecosystem,鈥� noted Hubert Bolduc, President of Investissement Qu茅bec International. 鈥淲e are very proud to see a key player in the enterprise application software industry continue to make major investments in our city. We will continue to stand by Cindy Fagen and her team, while supporting her efforts to attract foreign talent.鈥�

Designed by renowned Sid Lee Architecture, the new office will address the realities of work in a post-pandemic world. Through the construction of the new office, 51风流is creating a new kind of flexible environment that accommodates the new reality of work. The new Montreal office will consist of approximately 65,000 square feet across the top two floors at 5 Place Ville Marie and will replace SAP鈥檚 existing offices on Robert-Bourassa and de Maisonneuve.

The future of work at 51风流will be characterized by flexibility. This mode of working will prioritize 4 Cs: concentration, collaboration, communication and community.

鈥淭he space is activated with strategies that foster culture and innovation. The narrative is based on a new concept we like to call 鈥榟ome base destination鈥� 鈥� that provides the teams with dedicated spaces, which are highly flexible to meet their ever-changing needs. Now more than ever, in a post-COVID era, our goal is to enhance a sense of belonging, and for people to feel motivated and inspired by their working environment,鈥� says Marie-Andr茅e Busque, Architect and Project Director at Sid Lee Architecture.

Construction at Place Ville Marie is already ongoing with an expected move-in date of September, 2021. Those interested in applying to any open roles at 51风流Montreal can do so at .

For more information, visit the 51风流News Center or follow 51风流on Twitter at .

About SAP

SAP鈥檚 strategy is to help every business run as an intelligent enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 77% of the world鈥檚 transaction revenue touches an SAP庐 system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers鈥� businesses into intelligent enterprises. 51风流helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want 鈥� without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, 51风流helps the world run better and improve people鈥檚 lives.

With more than 3,000 employees across the country, we are a highly regarded Canadian employer, recognized with 15 top employer awards in 2020 alone. For more information, visit .

.

The post 51风流Canada to Open New Research, Development and Corporate Office in Montreal appeared first on 51风流Canada News Center.

鈥淎t the core of our business is culture, and if there is anything the past year has shown us, it鈥檚 that our people are the heart of our business,鈥� said Andy Canham, President of 51风流Canada. 鈥淲e鈥檝e always prided ourselves as being among the top work cultures in Canada, but it鈥檚 particularly humbling to be recognized by our people, especially during a year that has been tough for all Canadians, both personally and professionally. This recognition only solidifies our commitment to continue building an inclusive and purposeful workplace which our employees can call home.鈥�

鈥淐OVID-19 is in the driver鈥檚 seat and every employer has been impacted. This year鈥檚 winning employers have proven, according to employees, that even during extraordinary times, they鈥檒l rise to the challenge to support their people,鈥� said Christian Sutherland-Wong, Glassdoor chief executive officer. 鈥淎 mission-driven culture, transparent leadership and career opportunities are always hallmarks of Best Places to Work winners. This year, we also see exceptional employers who have prioritized the health, safety and well-being of their employees. My congratulations go to all of this year鈥檚 outstanding Employees鈥� Choice Award winners.鈥�

On , current and former employees voluntarily and anonymously share insights and opinions about their work environments by sharing a company review, designed to capture a genuine and authentic inside look at what a specific job may be like at a particular company. When sharing a company review on Glassdoor, employees are asked to rate their satisfaction with the company overall, and key workplace factors like career opportunities, compensation and benefits, culture and values, senior management and work/life balance. In addition, employees are asked to describe the best reasons to work at their companies as well as any downsides.

Glassdoor鈥檚 Best Places to Work were determined using company reviews shared by U.S.-based employees between October 22, 2019 and October 19, 2020.听 To be considered for the Canada category, a company must have had at least 1,000 employees and have received at least 25 ratings across each of the eight workplace attributes from Canada-based employees during the period of eligibility. The final list is compiled using Glassdoor鈥檚 proprietary algorithm, led by its , and takes into account quantity, quality and consistency of reviews. Complete awards can be found here:

For the complete list of the Glassdoor Best Places to Work winners in 2021, please visit:

About Glassdoor
combines all the latest jobs with millions of reviews and insights to make it easy for people everywhere to find a job and company they love. As a result, Glassdoor helps employers hire truly informed candidates at scale through effective recruiting solutions like and employee insights products. Launched in 2008, Glassdoor now has reviews and insights for more than 1.3 million companies located in more than 190 countries. For more information, visit glassdoor.com.

The post 51风流Canada Honored as One of the Best Places to Work in 2021, a Glassdoor Employee’s Choice Award Winner appeared first on 51风流Canada News Center.

Some 50 per cent of Canadian respondents said they expect flexible work policies to be a talent differentiator, according to the report 鈥淭he Future of Work Arrives Early: How HR Leaders are Leveraging the Lessons of Disruptions.鈥� However, 57 per cent expect maintaining productivity given new ways of working to be an ongoing challenge. More than 37 per cent of respondents said that establishing a culture that supports remote employees will also be a challenge when the pandemic subsides, and most acknowledge that their workers have had very different experiences depending on if they are salaried, hourly, office or field workers. Nearly 30 per cent of respondents plan to invest in listening tools or employee surveys, which could help organizations keep a pulse on employee sentiment as changes to the workplace continue.

The report found that 74 per cent of respondents in Canada said their company has the technology it needs to navigate the changing work environment, and 37 per cent expect to invest in remote collaboration tools. Still, only 22 per cent of respondents said that their workers can work remotely and have the necessary technology and environment to do so effectively. Some 38 per cent of respondents expect to reduce their office footprint.

When it comes to attracting talent, 17 per cent of respondents in Canada believe competing for talent will be a major challenge. Top factors to attract and retain talent include flexible work policies (62 per cent), finding new ways of delivering/selling/marketing existing products and services (61 per cent), and the financial stability of the organization (59 per cent).

Looking forward, only 27 per cent of respondents in Canada are planning to invest in learning programs for reskilling and upskilling over the next 12 months. This compares to 22 per cent of U.S. respondents and 38 per cent of respondents outside of the U.S., despite employee readiness to learn new skills.

鈥淢odernizing HR is a critical piece to an organization鈥檚 overall digital transformation journey, and it鈥檚 been vastly accelerated due to the global pandemic,鈥� said Kevin Spencer, Canada Country Manager for 51风流SuccessFactors. 鈥淗R leaders have demonstrated incredible amounts of innovation and creativity to ensure their workforce is safe and productive despite unprecedented changes to the workplace. Continuing the focus on agile processes, learning and reskilling, and a culture that embraces every individual is mission critical to drive business results.鈥�

鈥� surveyed HR leaders in 10 countries, including Australia, Brazil, Canada, China, India, Mexico, Spain, the United Kingdom and the United States. The data in this press release represents more than 300 HR leaders in Canada. Download the Canadian report and the .

For more information, visit the and the 51风流News Center. Follow 51风流on Twitter at and .

The post New Workforce Challenges Emerge in Canada as Remote Work Expands, According to New 51风流SuccessFactors Report appeared first on 51风流Canada News Center.

The study found that while 95 per cent of enterprises surveyed had established a formal digital strategy, up from 85 per cent in 2019, most companies were at wildly different stages on their journey to becoming a digitally transformed 鈥渋ntelligent enterprise.鈥�

Of the 17 per cent of Canadian enterprises identified as Intelligent Enterprise (IE) Leaders, 82 per cent have a digital strategy that is fully integrated into the core of the business or is complete and already producing significant results. At the other end of the spectrum, 98 per cent of Canadian enterprises categorized as IE Observers (14%) are only just beginning to build their digital strategies or executing on them. This divide in digital readiness has revealed a clear connection between COVID-19 resiliency and IE progress.

The study examined the impact of COVID-19 on organizations鈥� revenue, workforce, operational capacity, and facilities. While these core business functions have been impacted in two thirds of Canadian enterprises, IE Leaders have been more resilient, with 14 per cent of IE Leaders indicating they expect a revenue increase during the pandemic.

鈥淥ver the five years that we have been conducting this study with IDC, Canadian organizations have progressed well on their journey to becoming Intelligent Enterprise Leaders. However, the pandemic has reinforced just how vital a fully incorporated digital strategy is to a business鈥檚 ability to be agile and — 听ultimately resilient — in the face of crisis and major shifts in the way they do business,鈥� said Sam Masri, Chief Operating Officer, 51风流Canada. 鈥淭he silver lining is that organizations are realizing the value of technology and the need for a strategic approach to transformation. This shows promise in bridging the digital divide in Canada.鈥�

鈥淧rior to COVID-19 we made some important decisions regarding our infrastructure that enabled us, through the 铿乺st few months of the pandemic, to be agile and nimble while we supported our Guests and Team Members,鈥� said Alicia Samuel, Vice President Information Technology at Longos. 鈥淭his meant that at the start of the pandemic, our e-commerce site was available to our Guests while we had unprecedented volumes of traffic on our websites, and we were able to shift quickly to introduce options such as 鈥淏uy Online Pick Up In-Store”. Our infrastructure decisions and strong executive leadership during COVID-19 enabled us to continue to service our Guests and take care of our Team Members.”

The new study also found key attributes that have helped IE Leaders remain resilient through the pandemic:

• 49 per cent of IE Leaders are very willing to adjust their workforce mix to support digital initiatives, compared with only 7 per cent of IE Observers.
• 91 per cent of IE Leaders believe it is very important to improve employee experience while improving customer experience, compared to 42 per cent of IE Observers.
• 47 per cent of IE Leaders have a change management strategy that is fully integrated into the digital strategy, as compared with IE Observers, who either are still developing a change management strategy or do not have one at all.

鈥淎ccording to our survey, 78 per cent of IE leaders utilize digital technologies to make incremental and continuous changes to the core business,鈥� said Tony Olvet, Group Vice President, Research Domains, IDC Canada. 鈥淭hrough COVID-19, this has allowed IE Leaders to remain agile and prioritize projects that enable them to stay resilient over the crisis and provide a foundation that will support recovery and growth in the long run 鈥� such as building resilient supply chains. In contrast, IE Observers have largely been focused on more fundamental initiatives to shore up internal operations, such as planning and finance.鈥�

Created by IDC Canada, The Intelligent Enterprise: Building an Agile and Resilient Business, can be read .

For more information, visit the 51风流News Center or follow 51风流on Twitter at .

About SAP

SAP鈥檚 strategy is to help every business run as an intelligent enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 77% of the world鈥檚 transaction revenue touches an SAP庐 system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers鈥� businesses into intelligent enterprises. 51风流helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want 鈥� without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, 51风流helps the world run better and improve people鈥檚 lives. For more information, visit

About the Study

In June 2020 IDC completed a survey of 371 organization strategy decision makers or influencers with $50 million+ in revenue and a minimum of 100 employees (Canada =266, France=53, Australia=52). The study objective was to examine the progress of digital strategy, explore pathways to the intelligent enterprise, and examine the role of experience management in Canadian enterprises.

# # #

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as 鈥渁nticipate,鈥� 鈥渂elieve,鈥� 鈥渆stimate,鈥� 鈥渆xpect,鈥� 鈥渇orecast,鈥� 鈥渋ntend,鈥� 鈥渕ay,鈥� 鈥減lan,鈥� 鈥減roject,鈥� 鈥減redict,鈥� 鈥渟hould鈥� and 鈥渨ill鈥� and similar expressions as they relate to 51风流are intended to identify such forward-looking statements. 51风流undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
漏 2020 51风流SE. All rights reserved.
51风流and other 51风流products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 51风流SE in Germany and other countries. Please see for additional trademark information and notices.

The post Digitized Companies Fairing Better Through COVID-19, Report Suggests appeared first on 51风流Canada News Center.

As COO for 51风流Canada, Sam Masri is responsible for the development and execution of 51风流Canada鈥檚 overall go-to-market strategies across its solutions portfolio. Along with an ecosystem of stakeholders, Masri is a driving force behind the digital transformation of 51风流customers across the country.

鈥淪am has already proven himself a transformational leader globally at SAP,鈥� said Andy Canham, President, 51风流Canada. 鈥淲hether working with customers or colleagues, Sam remains principled in everything he does. He is passionate about elevating those around him, a champion in developing young and diverse talent, and laser focused on delivering remarkable results. I cannot think of anyone more deserving of this award than Sam.鈥�

Founded in 1995, Canada’s Top 40 Under 40 has recognized more than 800 outstanding Canadians and is the country’s most coveted award for young business leaders.

鈥淚t鈥檚 an honour and privilege to be named to the Top 40 list alongside some of Canada鈥檚 most distinguished professionals,鈥� said Sam Masri, Chief Operating Officer, 51风流Canada. 鈥淲hile I鈥檓 humbled to be recognized, I believe this also belongs to the many colleagues, business partners, mentors and family who gave me the opportunity and support to contribute, learn and grow. I look forward to using this platform to help drive positive change wherever and whenever I can.鈥�

鈥淪am and the other recipients for 2020 were selected from over 900 nominees by an Independent Advisory Board comprising more than 25 business leaders from across Canada,鈥� said Jeff Freeborough, Managing Partner with Caldwell Partners, the founder of Canada鈥檚 Top 40 under 40. 鈥淩ecipients were chosen on four key criteria: Vision & Innovation; Leadership; Impact & Influence; and, Social Responsibility 鈥� all of which Sam embodies.鈥�

The announcement was made today on BNN Bloomberg and in the National Post with the recipients also being honoured at a series of events to take place in 2021.

Visit the 51风流News Center. Follow 51风流on Twitter at .

About SAP

SAP鈥檚 strategy is to help every business run as an intelligent enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 77% of the world鈥檚 transaction revenue touches an SAP庐 system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers鈥� businesses into intelligent enterprises. 51风流helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want 鈥� without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, 51风流helps the world run better and improve people鈥檚 lives. For more information, visit

# # #

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as 鈥渁nticipate,鈥� 鈥渂elieve,鈥� 鈥渆stimate,鈥� 鈥渆xpect,鈥� 鈥渇orecast,鈥� 鈥渋ntend,鈥� 鈥渕ay,鈥� 鈥減lan,鈥� 鈥減roject,鈥� 鈥減redict,鈥� 鈥渟hould鈥� and 鈥渨ill鈥� and similar expressions as they relate to 51风流are intended to identify such forward-looking statements. 51风流undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
漏 2020 51风流SE. All rights reserved.
51风流and other 51风流products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 51风流SE in Germany and other countries. Please see for additional trademark information and notices.

Note to editors:
To preview and download broadcast-standard stock footage and press photos digitally, please visit . On this platform, you can find high resolution material for your media channels. To view video stories on diverse topics, visit . From this site, you can embed videos into your own Web pages, share video via email links, and subscribe to RSS feeds from 51风流TV.

51风流Press Room; press@sap.com

Please consider our . If you received this press release in your e-mail and you wish to unsubscribe to our mailing list please contact press@sap.com and write Unsubscribe in the subject line.

The post 51风流Canada Chief Operating Officer Sam Masri Named One of Canada鈥檚 Top 40 Under 40 appeared first on 51风流Canada News Center.

Social enterprises are businesses culturally and operationally focused on changing the world. They are similar to other commercially viable businesses, but with three crucial differences: They are founded and governed on the basis of a clear social, cultural or environmental mission; they reinvest the majority of their profit back into this mission; and they are majority controlled solely in the interest of this mission. A diverse supplier is a business that is at least 51% owned and operated by an individual or group that is part of a traditionally underrepresented or underserved demographic; such as women-owned businesses, minority-owned business, and indigenous-owned businesses, among others.

According to the World Bank, global procurement spend in 2019 was at least EUR 12 trillion. The government of Canada alone spends CAD $22 billion, on average, procuring goods and services annually. If just a small fraction of what public and private sectors spend on procurement went to social enterprises and diverse businesses, those organizations would have the power to tackle some of the world鈥檚 most pressing social and environmental problems.

The announcement will impact all SAP’s global markets, but will initially be focused on Canada, Australia, and the UK. Based on early pilots, 51风流estimates it could direct up to CAD $80 million of its addressable global spend per year to social enterprises and diverse suppliers by 2025. Across U.S. Fortune 500 companies, the amount per year could be up to CAD $34 billion.

51风流Executive Board member for Customer Success and recently appointed Global Buy Social Ambassador for Social Enterprise UK Adaire Fox-Martin announced the 5 & 5 by 鈥�25 initiative at SAP鈥檚 Procurement Reimagined event in Singapore. 鈥淓very company in every industry needs to procure,鈥� Fox-Martin said. 鈥淲e all need soap in our washrooms, landscaping for our offices, food and drink in our cafeterias, marketing services, office supplies, and even pest control. These and many more are all products and services provided by social enterprises and diverse businesses. This is money we are spending anyway. Why not spend it with suppliers who are delivering social impact as well?鈥�

Procurement with social enterprises

Recent efforts have shown promise. In a pilot program in the U K, 51风流teamed up with Social Enterprise UK 听to define and execute on a social-procurement strategy. Within nine months, 51风流had identified addressable spend of approximately GBP 30M and directed more than 2 per cent of this to over 20 different UK social enterprises. By including more purposeful suppliers into its supply chain, 51风流has experienced better quality in products and services and has even lowered costs.

Seeing how scalable the program was and the potential for model replication in other markets, 51风流established a relationship with purchasing with purpose partner , to ensure program success. 鈥淭he global pandemic forced our economy to a standstill and drove many industries to reconsider how things are done. With that comes the potential to explore how we can build back better,鈥� said Buy Social Canada鈥檚 Managing Partner David LePage. 鈥淪AP鈥檚 leadership and commitment through the 5 & 5 by 鈥�25 initiative will hopefully inspire other large companies to leverage their everyday business spend to benefit the communities in which they work and build a resilient, more sustainable economy.鈥�

Buy Social Canada has demonstrated success partnering with other organizations in Canada, including , Canada鈥檚 only B Corp Certified commercial contractor. Chandos has been advocating for social procurement in the Canadian construction industry and today also announces that it will shift 5 per cent of its addressable spend to social impact organizations by 2025. 鈥淭he construction industry has a significant opportunity to lead Canada鈥檚 social procurement initiatives. By 2023 the construction industry is forecast to spend over $330 Billion US dollars in Canada.听 If we can shift just 2% of that nationally, we can make tremendous impact on Canadian society. We鈥檝e had success partnering with social enterprises that train and prepare people who face barriers to employment to work in construction. Why wouldn鈥檛 we hire through those social enterprises and change a life at the same time,鈥� says Tim Coldwell, President of Chandos Construction.

Procurement with diverse businesses

In support of supplier diversity, 51风流and WeConnect are applying technology to make it easier for customers to pursue social-procurement strategies. According to WeConnect, while more than thirty percent of corporations are owned by women globally, only one percent of corporate procurement contracts are awarded to women-run businesses.

鈥淲hen we provide access for women-owned businesses to competitively bid for procurement opportunities and invest in their growth, not only do we identify the best and most innovative suppliers, we also support inclusive and sustainable growth,鈥� said Elizabeth A. Vazquez, WeConnect CEO and Co-Founder. 鈥淲ith SAP鈥檚 support, we can all work together to leverage our purchasing power to make a positive difference in the lives of women, their employees, their families and communities around the globe.鈥�

In addition, 51风流Canada Inc. has a strategic sponsor relationship with the Black Professionals in Tech Network (BPTN) – a Canadian based organization that promotes Black professionals and Black owned businesses.

Procurement with purpose with 51风流Ariba

SAP鈥檚 Ariba Network is the largest business-to-business marketplace in the world, supporting nearly CAD $4.7 trillion in transactions each year. In Canada, 51风流Ariba is used to process more than CAD $50 billion worth of transactions alone. In partnership with leading social-enterprise and diverse-business interest organizations, the company is opening this network up and connecting corporate-ready purposeful suppliers with more organizations who want to make a difference with their spend.

As part of the 5 & 5 by 鈥�25 initiative, 51风流invites other organizations to begin or accelerate their social-procurement journey based on a simple framework of discovering the right partners, adopting a social procurement strategy, consuming the products and services they procure, and then continuously expanding their base of social enterprises and diverse suppliers.

鈥淭ogether with our customers, partners, diverse suppliers and social enterprises, we have set out to expand social procurement where infrastructure exists and intend to establish the infrastructure and build capacity where it doesn鈥檛,鈥� Fox-Martin added. 鈥淲e invite our entire ecosystem to learn more and take part, join us in this pledge, and help build the pathways and the momentum to realize this ambition and find a better way to grow.鈥�

Visit the 51风流News Center. Follow 51风流on Twitter at .

The post 51风流Launches 5 & 5 by 鈥�25 Initiative, Rallying Businesses to Spend More with Social Enterprises and Diverse Suppliers appeared first on 51风流Canada News Center.