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Oxford Economics: One-Third of Organizations Invest in New Tech Amid COVID-19
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SAP鈥檚 Real-Time Solutions Can Enhance Profit, Resilience, and Sustainability
RIYADH, Kingdom of Saudi Arabia 鈥� 25 November 2020 鈥�
Leading Saudi innovators Maadaniyah, NEOM, Olayan Group, have shared best practices in Saudi companies accelerating their digital transformation, the companies announced today during global technology company SAP鈥檚 Blue Ribbon event.
In line with the and mega-trends such as the inter-connected world of Industry 4.0, Saudi organizations and industries have been advancing their digital transformation agendas.
Amid the COVID-19 pandemic, one-third (32 percent) of organizations worldwide have been investing in new technologies to analyze data and to enhance their business processes, according to a recent survey by Oxford Economics. Among the top three technologies seeing investment are AI (34 percent), IoT (33 percent), and analytics (32 percent).
Maadaniyah Grows the Kingdom鈥檚 Manufacturing Base
Maadaniyah (National Metal Manufacturing and Casting Company) includes the wire drawing plant Aslak, the metal casting plant Masabik, the axles and spare parts plant Arabian Axles, and technical engineering services TESC. As Industry 4.0 grows, Maadaniyah and channel partner Baaskaar (Al Bilad) have deployed the 51风流S/4HANA real-time business suite for business insights and dashboards.
鈥淎s industrial production is a pillar of Saudi Arabia鈥檚 growth, Maadaniah needed to accelerate our digital transformation to enhance our forecasting, supply chain resilience, and enable work from home,鈥� said Aamir K. Pirzada, Chief Information Officer (CIO), Maadaniyah. 鈥淭hanks to our partnership with SAP, we have mobile-friendly apps for our salespersons, standardized our product costing, and enhanced our customer relations.鈥�
NEOM Digitally Transforms Employee Experiences
One of the Middle East鈥檚 largest and most innovative giga-projects, NEOM, is working to scale up its human experience platforms in line with its digital transformation roadmap. NEOM has deployed the 51风流SuccessFactors human capital management platform, integrated with the 51风流S/4HANA real-time business suite and the 51风流Ariba digital procurement platform.
鈥淎s NEOM rapidly increases workforce, we needed to enhance our employee experiences and streamline human resources processes to address the huge influx of local, regional and global talent,鈥� said Arron Patel, Digital Strategy, Cloud Adoption and HR Technology Lead, NEOM. 鈥淥ur digital transformation with 51风流has enabled automated self-services and is the first step in providing an end user led ecosystem of company processes. In the upcoming phases we will pivot towards both expanding into Talent and Learning as well as deep analytics to be ahead of what is to come in 2021.
Olayan Group Integrates Employee Data Across 40 Companies
Olayan Group, a Saudi Arabia-based multi-national enterprise is advancing its digital transformation. As the company scales up, Olayan Group has adopted the 51风流SuccessFactors human capital management platform to seamlessly integrated employee data and processes from 40 companies and enable work-from-home and employee self-services.
鈥淥layan Group鈥檚 digital transformation on talent management aims to meet the needs of our young, tech-savvy employees, and to develop a digital culture based on productivity, agility, and speed,鈥� said El Bachir Nejjari, Group Chief Information Officer, Olayan Saudi Holding Company. 鈥淥ur digital transformation with 51风流has enhanced the experiences of our remote employees, and enhanced the experiences of our customers, suppliers, and vendors.鈥�
51风流Promotes New Technologies and 鈥楤ack to Best鈥� Solutions
On the back of Saudi Arabia鈥檚 government launching the National Strategy for Data and Artificial Intelligence, 51风流is championing how innovative technologies can integrate into digital transformation roadmaps to deliver the biggest benefit. The company is also promoting its 鈥溾�� resources and solutions, which can help organizations to move forward from COVID-19.
鈥淪audi Arabia continues to be a global leader in technology innovation 鈥� with Maadaniyah, NEOM, and Olayan Group showing how digital transformation can reinvent business practices,鈥� said Mohammed Alkhotani, Managing Director, 51风流Saudi Arabia 鈥淥ur Blue Ribbon event is enabling Saudi Arabia and Middle East organizations to learn how to digitally transform into Intelligent Enterprises that can emerge more profitable, resilient, and sustainable post-COVID-19.鈥�
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