5 November 2024, Tue |
11:52 AM
As government and private entities across Kuwait ramp up digitalization programs in line with the national vision of New Kuwait 2035, global technology company SAP SE showcased its latest innovative digital transformation solutions at its SAP NOW event on Tuesday, June 7.
According to Badih Hakim, SAP Managing Director for Kuwait, the SAP NOW event will investigate innovative business solutions to address key challenges currently confronting the public and private sectors.
“SAP is supporting our customers in these fields 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,” said Hakim.
Echoing the name of the SAP NOW event, Hakim points out that there are myriad 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 says.
Ahmed Al-Faifi, Senior Vice President, Middle East North, SAP said: “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.”
Al Faifi adds, “In a recent SAP-commissioned YouGov survey of public sector IT decision-makers in Kuwait and other GCC countries, it was found that 94% recognized that technology is vital for transforming citizen’s experience and that 88% reported that the pandemic had escalated their entity’s digital transformation.”
Other findings from the SAP-commissioned research that Al-Faifi says reflect the rapid changes taking place in the GCC are that 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 percent ).
SAP is focusing on the need for every entity to become an Intelligent Sustainable Enterprise at the Kuwait event, leveraging innovative technologies to help businesses become more profitable, resilient, and sustainable, while also transforming into a best-run business.
Furthermore, SAP demonstrated how its latest cloud offering, RISE with SAP, can accelerate any enterprise’s journey to becoming an Intelligent Enterprise while reducing operational, administrative, and other operational costs.
RISE with SAP is a step-by-step holistic offering that supports businesses’ digital transformations and is tailored to the complexity and starting point of each company. The goal is to go beyond a technical migration to the cloud and instead enable businesses to truly transform their operations, achieving faster time-to-market for new capabilities and applications and allowing for ongoing transformation.
