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
 May 24 2015 - Kuwait- Min. of Amiri Diwan receives KISR delegationKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Minister of Amiri Diwan Affairs Sheikh Nasser Sabah Al-Ahmad Al-Sabah received a delegation of the Kuwait Institute for Scientific Research (KISR) including Dr. ...

 May 24 2015 - Kuwait- His Highness Crown Prince receives top officialsKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) His Highness the Crown Prince Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah received on Sunday at Bayan Palace His Highness the Prime Minister Sheikh Jaber Al-Mubarak ...

 May 24 2015 - GCC-EU ministerial meeting held amidst critical developments - Qatari FMKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Qatari Foreign Minister Khaled Al-Attiyah said GCC-EU ministerial meeting, in Doha on Sunday, was held amidst critical regional and international developments, ...

 May 24 2015 - Kuwait- Info Min. stresses important role of FANA amid current circumstancesKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Minister of Information and Minister of State for Youth Affairs Sheikh Salman Sabah Salem Al-Humoud Al-Sabah on sunday underlined the important role of the ...

 May 24 2015 - Arab army chiefs resume meetingKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The chiefs of staff of Arab armed forces resumed their meeting here Monday under chairmanship of the Chief of Staff of Egyptian Armed Forces Lieutenant General ...

 May 24 2015 - Kuwait- His Highness Premier meets Iraq parliament speakerKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) His Highness the Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah held talks Sunday at Bayan Palace, with the visiting Iraqi Speaker of the Council of ...

 May 24 2015 - EU major partner for GCC - ZayaniKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The European Union (EU) has been a key partner for the Gulf cooperation Council (GCC) since the six-member bloc was established in 1981, according to GCC ...

 May 24 2015 - Salmiya Sports Club Reign SupremeArab Times
(MENAFN - Arab Times) The Salmiya Sports Club won the Kuwait Karate Federation Junior category trophy for 2014/2015 Championships. The finals and awarding ceremony were held under the auspices of the ...

 May 24 2015 - Q8 Opens First CNG Service Station In BelgiumArab Times
(MENAFN - Arab Times) The international arm of Kuwait Petroleum, Q8, on Thursday took another big step and major milestone in strengthening and expanding its presence in Europe by opening its first ...

 May 24 2015 - Kuwait- Wataniya Telecom Dives 40 Fils NBK FlatArab Times
(MENAFN - Arab Times) Kuwait stocks headed south on Thursday to close the week on a sour note. The key index dropped 46.87 pts to 6332.27 points snapping the 2-day upswing. The banking shares were ...

more...


 






Google

Arab Advisors_12th convergence conf

 
 

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