QIG will move its mission-critical business processes to SAP S/4HANA Cloud
Qatari Investors Group (QIG), a diversified conglomerate listed on the Qatar stock exchange, has signed a partnership agreement with global technology company SAP that will enable it to leverage the benefits of SAP’s cloud ERP solution, with data securely hosted in Qatar.
QIG will move its mission-critical business processes from its legacy on-premises ERP software systems to SAP S/4HANA Cloud, an enterprise resource planning (ERP) solution that enables 360-degree visibility and greater control over all operations, it was revealed via a corporate press communique.
The move will be accelerated through the adoption of RISE with SAP, a comprehensive subscription offering regular updates to make QIG more resilient and agile in today’s rapidly changing global market.
Transition to the cloud
“With RISE with SAP Cloud, QIG can transition to cloud without business risk, while gaining advantages from automated processes that allow us to concentrate on innovation and growth,” explained Joseph Abdo, Chief Executive Officer, QIG.
“We will see immediate benefits, such as streamlined operations and increased efficiencies, while setting ourselves up for long-term success, with automatic upgrades to new technologies and a scalable and flexible digital infrastructure,” he continued.
A key motivator for QIG in selecting SAP as its digital transformation partner was SAP’s deep expertise in multiple industries, and the ease of establishing an integrated platform to manage diverse operations.
Diversified Group
QIG’s subsidiaries and business interests include building and construction materials and services–such as the group’s flagship project, Al Khalij Cement Company–as well as technology, marine services, property, project development, contracting and financial services, the press statement continued.
“RISE with SAP enables customers to adapt to fast-changing conditions, from rapidly evolving AI applications to cybersecurity threats. The deployment will make QIG increasingly resilient, efficient, and agile, while also allowing it to innovate more quickly and easily,” asserted Alaa Jaber, Managing Director, SAP, Qatar and Fast Growth Markets.
