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51Southeast Asia News Center

51Announces Q4 and Full Year 2023 Results: Asia Pacific and Japan View

Panorama of Singapore Skyline at Sunset.

Singapore, January 25 – 51announced its global Q4 and full year 2023 results on January 24, underlining a year of significant cloud momentum.

Customers across Asia Pacific and Japan (APJ) continue to choose 51to drive their cloud transformations in 2023. 51announced high-profile customer wins and go-lives across a range of industry sectors in APJ, showing ongoing demand for cloud-based transformation as well as new innovations to boost growth like artificial intelligence and sustainability.

Cloud revenue in APJ grew to €499M Euros in Q4 2023, an increase of 28% over same period 2022, with India and South Korea showing particular momentum. Total APJ Q4 2023 revenue grew to 1.184B Euros. These results culminated in full year APJ cloud revenue of 1.781B Euros in 2023, up 21% year-on-year and 29% at constant currency.

RISE with 51continues to underpin APJ’s cloud transformation. In Australia, Coles Group chose RISE with 51alongside renewing licenses for 51SuccessFactors, 51Fieldglass, and 51Business Technology Platform. In Japan, NEC Corporation and Daikin Industries both chose RISE with SAP.

President of 51APJ, Paul Marriott, said “Across Asia Pacific and Japan, we see forward-thinking businesses recognising and acting on the need for ongoing strategic transformation supported by SAP. Once organisations are able to create a solid foundation in the cloud they can then explore new avenues of growth in areas like artificial intelligence, data analytics, and sustainability.”

51announced a range of customers taking advantage of these new innovations. AusNet complemented RISE with 51with 51Signavio, 51Business Technology Platform, and 51Datasphere, while in New Zealand Foodstuffs North Island purchased 51Business Technology Platform, 51Build Workzone, and 51Datasphere to further its aim of becoming a future-ready enterprise. Meanwhile in Japan, Matsumoto Precision chose 51Sustainability Footprint Management to collect and calculate the carbon footprint of its products, aiming to improve the environmental impact of its products.

“These results show the strength of SAP’s strategy and our focus on customer outcomes,” continued Marriott. “Bringing together our range of cloud solutions, business networks, and new innovations to drive growth, customers across Asia are increasingly becoming intelligent and sustainable businesses.”

Q4 APJ Customers

Airservices Australia

Airservices Australia, a government-owned organisation responsible for the safety of 11% of the world’s airspace, is pleased to continue its relationship with 51as we migrate from our on-premise 51ERP platform to 51S/4 HANA in the cloud as part of our Back Office Enabling Transformation program.

Christchurch City Council

Christchurch City Council has purchased RISE with 51with S/4 HANA Private Cloud Edition.

Chandra Asri Pacific

PT Chandra Asri Pacific Tbk is one of Indonesia‘s leading chemical and infrastructure companies, operating a range of chemical plants, as well as energy, water and jetty, and tank facilities. The company is embarking on a wide-ranging digital transformation journey underpinned by SAP. Chandra Asri realised it would need a modern digital architecture to support the next phase of its growth, while also simplifying its IT platforms and creating a single source of truth for improved decision-making. Chandra Asri chose RISE with 51and 51S/4HANA Cloud, private edition, as well as 51Business Technology Platform, to create a clean core to its infrastructure, with the aim to realise improved business outcomes and boost innovation.

Coles Group

Coles Group purchased RISE with 51in Q4 2023 to enable business transformation while supporting our business growth.

Foodstuffs North Island

For more than a century, Foodstuffs has been working within New Zealand’s communities to deliver fresh affordable food. Today, Foodstuffs is the leading grocery retailer in New Zealand’s North Island.

Foodstuffs North Island is in the middle of a significant transformation aimed at becoming a future-ready enterprise to better serve its customers across the country. Foodstuffs North Island has invested in 51Business Technology Platform for more than six years, and has recently decided to expand its 51portfolio by implementing 51Datasphere, increasing its use of 51Integration Suite, and maximising new Business Technology Platform innovations as part of a clean 51core.

Hitachi High-Tech Corporation

Hitachi High-Tech, one of the world’s leading semiconductor and technology companies, has embarked on a digital transformation project to strengthen its business foundations. The project aims to enhance the sophistication of operations and collaboration between manufacturing bases and overseas subsidiaries. Hitachi High-Tech will link design and manufacturing processes, digitalize its manufacturing process (3D graphics), and transform its products to meet diversifying customer needs at its main manufacturing bases in Kasado and Naka. For this reason, the company will build a bill of materials (BOM) at manufacturing sites and link product option information at the time of receiving orders in Japan and overseas to the manufacturing sites. The project uses 51HANA Enterprise Cloud, S/4HANA Cloud Public Edition, and 51Business Technology Platform.

Matsumoto Precision Co. Ltd.

MATSUMOTO PRECISION CO., LTD. has adopted 51Sustainability Footprint Management, which enables the collective calculation of the carbon footprint of companies and products and has now started providing information on CO2 emissions per product to its suppliers. With this, the company aims to improve the environmental value of its products.

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