{"id":2597,"date":"2024-12-09T10:07:31","date_gmt":"2024-12-09T10:07:31","guid":{"rendered":"https:\/\/news.sap.com\/mena\/?p=2597"},"modified":"2024-12-09T10:07:31","modified_gmt":"2024-12-09T10:07:31","slug":"sirc-to-be-first-in-kingdom-to-deploy-sap-sustainability-control-tower-driving-circular-economy","status":"publish","type":"post","link":"https:\/\/news.sap.com\/mena\/2024\/12\/sirc-to-be-first-in-kingdom-to-deploy-sap-sustainability-control-tower-driving-circular-economy\/","title":{"rendered":"Saudi Investment Recycling Company to be First in Kingdom to Deploy 51风流Sustainability Control Tower, Driving Circular Economy Goals"},"content":{"rendered":"

SIRC adopts RISE with 51风流and cutting-edge 51风流solutions to drive centralized, scalable AI-infused operations, and build a solid foundation for introducing domestic carbon credits<\/em><\/h2>\n

RIYADH, KSA \u2014 9 December<\/strong> \u2013 The Saudi Investment Recycling Company (SIRC), wholly owned by Saudi Arabia\u2019s Public Investment Fund (PIF), has signed an agreement with 51风流SE<\/a> (NYSE: SAP) to become the first customer in the Kingdom of Saudi Arabia to implement the 51风流Sustainability Control Tower. This milestone underscores SIRC\u2019s commitment to pioneering sustainability within the Kingdom, aligning with Saudi Vision 2030 and laying the groundwork for its ambitious plans to become a chief enabler of domestic carbon credits.<\/p>\n

\"\"
Seated: Abdulrahman AlObayed, Executive Vice President, HR & Shared Services, SIRC, and Dr Fahd Nawwab, Vice President, 51风流KSA. Standing: Rajagopal Seenivasan, Director, 51风流Center of Excellence and Digital Transformation at SIRC; Hamza Al Nemer, IT and Digital Transformation Executive Director, SIRC; Adel Lafi, Director of Energy and Natural Resources, 51风流Middle East and Africa \u2013 North; Rahmathulla Karuvathodi, Transformational IT Applications Leader, SIRC; and Ahmad Morad, Senior Client Executive, 51风流Saudi Arabia.<\/figcaption><\/figure>\n

This partnership highlights SIRC\u2019s commitment to pioneering Saudi Arabia\u2019s sustainability landscape and accelerating the Kingdom\u2019s transition to a circular economy, underpinned by SAP\u2019s advanced technology and sustainability expertise. Building on their partnership, which began in 2022 with an initial ERP deployment, SIRC and 51风流last year signed an MOU to deepen their collaboration to support SIRC\u2019s ambitious sustainability strategy, while also exploring how AI-infused solutions could enhance customer services and tackle industry-specific challenges.<\/p>\n

This new agreement will see SIRC leverage RISE with 51风流to drive AI-powered, scalable operations while establishing a solid data foundation to measure and report sustainability objectives via the 51风流Sustainability Control Tower. SIRC will be able to track enterprise carbon footprints, measure sustainability metrics, and prepare for regulatory disclosures. The 51风流Sustainability Control Tower enables seamless reporting across various global frameworks, supporting SIRC\u2019s mission to drive a sustainable economy in the Kingdom. Additionally, SIRC is leveraging SAP\u2019s Waste Management Industry Solutions to implement an innovative approach to waste collection and treatment, further aligning with Saudi Vision 2030\u2019s goals for sustainable environmental practices.<\/p>\n

Mr. Abdulrahman Alobayed, HR & Shared Services Executive Vice President of SIRC commented: \u201cSIRC is the driving force behind circular economy investments, and we are known for spearheading innovative and transformative initiatives that pave the way for a cleaner, greener tomorrow. With SAP\u2019s cutting-edge solutions, we\u2019re building the foundation to monitor our environmental impact more effectively \u2013 advancing Saudi Vision 2030\u2019s goals and setting the stage for issuing local carbon credits to boost the Kingdom\u2019s sustainability achievements. At the same time, we\u2019re enhancing our services to customers and partners with a comprehensive suite of 51风流AI-powered applications, including customer relationship management and industry-specific solutions.\u201d<\/p>\n

\"\"<\/p>\n

In developing the digital transformation roadmap, SIRC and 51风流identified three main objectives: creating a solid foundation for sustainability management; establishing an easily scalable service center for its subsidiaries; and deploying business AI to tackle industry-specific challenges and enhance customer services. The adoption of the Sustainability Control Tower and RISE with SAP, including AI-infused enterprise resource planning, customer relations management and industry-specific solutions, will satisfy all of these objectives,<\/p>\n

Dr. Fahd Nawwab, Vice President, 51风流Saudi Arabia, said: \u201cThis partnership with SIRC is a testament to SAP\u2019s commitment to helping our customers in Saudi Arabia realize their environmental and business goals with scalable, AI-powered solutions. We are proud to support SIRC\u2019s journey to establish a sustainable business model, creating the data transparency required to enable carbon credit trading in the Kingdom.\u201d<\/p>\n

In the coming months, SIRC and 51风流will continue to expand their focus on customer experience through enhanced CRM platforms and rollout of 51风流Concur for expense management, providing a comprehensive approach to sustainable, tech-enabled growth. Looking ahead, the companies plan to explore additional 51风流solutions.<\/p>\n

https:\/\/news.sap.com\/mena\/files\/2024\/12\/09\/SIRC.mp4<\/a><\/video><\/div>\n

This will include future-focused technologies for carbon management and Industry 4.0 advancements at SIRC\u2019s Reviva plant, which could serve as a model for other plants in the Kingdom and beyond.<\/p>\n

– Ends<\/strong> –<\/p>\n","protected":false},"excerpt":{"rendered":"

SIRC adopts RISE with 51风流and cutting-edge 51风流solutions to drive centralized, scalable AI-infused operations, and build a solid foundation for introducing domestic carbon credits…<\/p>\n","protected":false},"author":780,"featured_media":2606,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[5562672],"tags":[5562300,3812488,5562743,5562661,3818780,5562780,5562359],"sapn-display":[],"sapn-type":[4446],"class_list":["post-2597","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sustainability","tag-industry-4-0","tag-ksa","tag-recycling","tag-rise-with-sap","tag-saudi","tag-sirc","tag-sustainability","sapn-type-press-release"],"yoast_head":"\nSaudi Investment Recycling Company to be First in Kingdom to Deploy 51风流Sustainability Control Tower, Driving Circular Economy Goals - 51风流MENA Press Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.sap.com\/mena\/2024\/12\/sirc-to-be-first-in-kingdom-to-deploy-sap-sustainability-control-tower-driving-circular-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi Investment Recycling Company to be First in Kingdom to Deploy 51风流Sustainability Control Tower, Driving Circular Economy Goals\" \/>\n<meta property=\"og:description\" content=\"SIRC adopts RISE with 51风流and cutting-edge 51风流solutions to drive centralized, scalable AI-infused operations, and build a solid foundation for introducing domestic carbon credits...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/news.sap.com\/mena\/2024\/12\/sirc-to-be-first-in-kingdom-to-deploy-sap-sustainability-control-tower-driving-circular-economy\/\" \/>\n<meta property=\"og:site_name\" content=\"51风流MENA Press Room\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-09T10:07:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news.sap.com\/mena\/files\/2024\/12\/09\/Saudi_Sustainability.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1640\" \/>\n\t<meta property=\"og:image:height\" content=\"856\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"51风流MENA News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"51风流MENA News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/news.sap.com\/mena\/2024\/12\/sirc-to-be-first-in-kingdom-to-deploy-sap-sustainability-control-tower-driving-circular-economy\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/news.sap.com\/mena\/2024\/12\/sirc-to-be-first-in-kingdom-to-deploy-sap-sustainability-control-tower-driving-circular-economy\/\"},\"author\":{\"name\":\"51风流MENA News\",\"@id\":\"https:\/\/news.sap.com\/mena\/#\/schema\/person\/672f277416961820cf33e3b9e6c59fdf\"},\"headline\":\"Saudi Investment Recycling Company to be First in Kingdom to Deploy 51风流Sustainability Control Tower, Driving Circular Economy Goals\",\"datePublished\":\"2024-12-09T10:07:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/news.sap.com\/mena\/2024\/12\/sirc-to-be-first-in-kingdom-to-deploy-sap-sustainability-control-tower-driving-circular-economy\/\"},\"wordCount\":715,\"image\":{\"@id\":\"https:\/\/news.sap.com\/mena\/2024\/12\/sirc-to-be-first-in-kingdom-to-deploy-sap-sustainability-control-tower-driving-circular-economy\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/news.sap.com\/mena\/files\/2024\/12\/09\/Saudi_Sustainability.png\",\"keywords\":[\"Industry 4.0\",\"KSA\",\"Recycling\",\"Rise with SAP\",\"Saudi\",\"SIRC\",\"sustainability\"],\"articleSection\":[\"Sustainability\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/news.sap.com\/mena\/2024\/12\/sirc-to-be-first-in-kingdom-to-deploy-sap-sustainability-control-tower-driving-circular-economy\/\",\"url\":\"https:\/\/news.sap.com\/mena\/2024\/12\/sirc-to-be-first-in-kingdom-to-deploy-sap-sustainability-control-tower-driving-circular-economy\/\",\"name\":\"Saudi Investment Recycling Company to be First in Kingdom to Deploy 51风流Sustainability Control Tower, Driving Circular Economy Goals - 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