SAP technology empowers and supports of New Kuwait Vision 2035
As government and private corporations across Kuwait escalate digitalization programs in line with the National Vision of New Kuwait 2035, global technology company SAP showcased its latest innovative solutions for digital transformation at its recently concluded SAP NOW event held in the capital.
“SAP is supporting our customers to adopt digital technologies capable of addressing the three main challenges they face, namely, business transformation in the cloud, building resilient supply chains, and creating sustainable enterprises,” affirmed Badih Hakim, SAP Managing Director, Kuwait.
Hakim pointed out that there are multiple reasons why now is the ideal time for organizations to accelerate their digital transformation plans. “In addition to Kuwait’s impressive progress and commitment in embracing technology to build a strong, diversified and sustainable economy, there are a number of global factors that are escalating the pace of digitalization and making it an imperative for success across all sectors,” he added.
“The current disruptions to markets from global factors including the geopolitical tensions and supply chain issues are creating ideal opportunities for enterprises to boost their efficiency and ability to innovate through technology, and there is strong evidence that most decision-makers recognize technology’s pivotal role,” stated Ahmed Al-Faifi, Senior Vice President, Middle East North, SAP.
Other findings from the SAP-commissioned research reflected the rapid changes taking place in the GCC. These included the top-three emerging technologies respondents expect their organizations to prioritize in 2022 and beyond are: artificial intelligence and machine learning (71%), the Internet of Things (56%), cloud (52%), predictive analytics (44%), blockchain (39%), and robotic process automation (36%).
At the Kuwait event, SAP focused on the need for every entity to become an Intelligent Sustainable Enterprise, leveraging innovative technologies to help businesses become more profitable, resilient, and sustainable, while also transforming into a best-run business.
Focus on energy sector
Industry experts including those from SAP and its knowledge partner, Microsoft, also discussed digital transformation and specific challenges in the public sector, oil and gas industry, and consumer goods.
SAP highlighted its integrated solutions for enterprise resource management including digital supply chain management; human resource management; business technology platforms; intelligent spend management; customer experience and customer relations management; and business process management.
RISE with SAP
In addition, SAP demonstrated how its latest cloud offering, RISE with SAP, can accelerate any enterprise’s journey to becoming an Intelligent Enterprise while minimizing cyber-risks, and reducing operational, administrative, and other operational costs.
RISE with SAP is a step-by-step holistic offering that supports companies’ digital transformations and is tailored for each company’s complexity and starting point. The aim is to go beyond a technical migration to the cloud, and instead enable companies to truly transform their business, realizing a faster time-to-market for new capabilities and applications, and allowing for ongoing transformation, a press communique concluded.