Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Kuwait- Al Sayer eyes regional expansion with SAP  Join our daily free Newsletter

MENAFN - Arab Times - 10/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab Times) The Al Sayer Group, one of the largest and most respected conglomerates in the MENA region announced on Tuesday during a press conference held at the Radisson Blu Hotel that it has boosted its regional expansion plans with a host of cutting-edge business solutions from SAP. Present during the press conference were Al-Sayer Group IT Manager Engr Musaed S. Al-Kout, SAP Managing Director Gulf & Pakistan & MENA Gergi Abboud, SAP Country Sales Manager for Kuwait and Bahrain Rami Kichli and Dhow Information Systems Senior Sales & Marketing Manager Eyad Jibat. The event was held on the side of the one-day SAP Forum at the same venue



Engr Al-Kout outlined that the wide-ranging project encompasses all 32 of Al Sayer Group's companies, positioning it as one of the most tech-enabled and innovative entities of its kind in the region. He cited that the deal features a number of firsts as Al Sayer Group will become the first company in Kuwait to implement Business Suite on HANA, which is the only solution in the world to combine transactional applications with analytics in-memory. It is also the first to adopt SAP Dealer Business Management for its automotive operations



SAP (NYSE: SAP), as market leader in enterprise application software, helps companies of all sizes and industries run better. Founded in 1972, SAP (which stands for "Systems, Applications and Products in Data Processing") has a rich history of innovation and growth as a true industry leader. Today, SAP has sales and development locations in more than 50 countries worldwide. He added that other aspects of the deal include a full range of mobility features as well as solutions for Human Capital Management, Customer Relationship Management, Financial Accounting and Controlling, Supply Chain Management, Solutions Management and Business Intelligence



"We are expanding and diversifying rapidly both in Kuwait and in the region. Al Sayer Group is soon to become one of the region's most operationally cutting-edge conglomerates with the wide-ranging deal with SAP which includes Mobility Solutions and Kuwait's first deployment of game-changing real-time business technology," pointed out Engr Al-Kout. KPMG will work as the project's systems integrator. SAP is also in discussions with Dhow Information Systems Co, a subsidiary of Al Sayer Group of Companies, to become an authorised SAP value added reseller. "We are a big group but we need to move fast, with precision and without compromising on quality in anyway way. SAP gives us a new level of freedom, a distinct cutting-edge and their solutions will be integral to our ongoing success across the region," he stated. Engr Al-Kout cited that innovation is in Al-Sayer's DNA as a company as they always look at new ways to improve their competitiveness and ability to deliver world-class products and services to their customers.



Now on its 60th year, Al Sayer Group's business interests currently include automotive sale and services, heavy equipment, foodstuffs, soft drinks, animal feed and financial services. The company took off when Al Sayer became the first businessman from the Middle East to visit the Toyota Motor Company in Japan in 1954. A year later, he brought Toyota to Kuwait, and in 1956, the company became a Toyota distributor for several countries in the Middle East. On the other hand, Abboud gave the attendees an overview of SAP and its cutting-edge business solutions that will help propel Al Sayer Group in its business goals and vision. He outlined that from back office to boardroom, warehouse to storefront, desktop to mobile device, SAP empowers people and organisations to work together more efficiently and use business insight more effectively to stay ahead of the competition. He explained that SAP does this by extending the availability of software across on-premise installations, on-demand deployments and mobile devices



"Having worked closely with Al Sayer Group's management behind the scenes, we know exactly what their demands are and how focused they are for the future. We are automating their entire value chain over the next three years, significantly improving their ability to expand with speed and achieve new levels of business insight. Al Sayer Group has a long history that has been driven by visionary leadership and a willingness to adapt to improve. SAP is proud to be asked to help play a part in what promises to be a huge exciting new chapter of expansion and success," concluded Abboud

 


Arab Times




  MENA News Headlines
 Jul 7 2015 - KRCS launches "biggest" humanitarian aid in KurdistanKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Kuwait Red Crescent Society (KRCS) has started carrying out the initial phase of a KD 200-million humanitarian campaign that was allocated to help refugees in ...

 Jul 7 2015 - Bahrain allocates USD9.47b for spending in 2015MENAFN
(MENAFN) The Kingdom of Bahrain has set a USD9.47 billion spending budget for 2015, decreased from the former USD9.77 billion allocation for the previous year, Reuters reported.Further increase is ...

 Jul 7 2015 - Damac develops USD930m UK Jenga tower, to sign partnership with VersaceMENAFN
(MENAFN) Damac Properties, the Dubai-based real estate developer, is presently developing the USD930 million Jenga tower in the United Kingdom, and looking for a prospect partnership with the Italian ...

 Jul 7 2015 - Qatar's Barwa Real Estate plans USD4.1b capital spendingMENAFN
(MENAFN) Barwa Real Estate, the Qatari real estate developer, has set USD4.1 billion of capital spending for a five-year plan to gain profit on equity of no less than 15 percent by 2020 end, Reuters ...

 Jul 7 2015 - Ministry of Foreign Affairs' report on Zayed Humanitarian Work DayEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) The United Arab Emirates observed on 6th July 2015 for the fourth consecutive year the anniversary of Zayed Humanitarian Work Day as per the resolution of the ...

 Jul 7 2015 - Abdullah bin Zayed attends Khalifa Foundation celebration on Zayed Humanitarian Work DayEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) Under the patronage of H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs and Chairman of the Khalifa bin Zayed Al ...

 Jul 7 2015 - Majlis of Sheikh Mohamed bin Zayed hosts lecture on development of UAE Foreign Aid Sector and its FutureEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, this evening attended the lecture ...

 Jul 7 2015 - Mohammed bin Rashid receives sports and youth leadersEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, received this evening at his Zabeel Palace, in the ...

 Jul 7 2015 - UAE- Zayed's legacy lives on today: paperEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) A UAE paper has said that eleven years have passed since Sheikh Zayed, the founder of the country, passed away. In that time, many Emiratis have grown up and ...

 Jul 7 2015 - DEWA observes Zayed Humanitarian Work DayEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) Dubai Electricity and Water Authority, DEWA, has conducted a series of activities to commemorate Zayed Humanitarian Work Day on 19th of Ramadan every year, and ...

more...


 






Google

Taqs

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help