SAP plans to boost Iraq operations
Dubai, February 17, 2013
SAP, Germany's largest company and the world's leading business software company, has announced plans to ramp up its operations in Iraq.
"Iraq is an exciting market for SAP," said SAP Mena managing director Sam Alkharrat, hailing the country's potential for IT-fuelled growth and outlined SAP's capacity to play an influential role in the process.
"This is a country where IT innovation can be truly transformational and provide the very basis for a more sustainable, connected and empowered future that not only capitalises on natural resources, but also serves as the basis for a diverse, knowledge-based economy," added Alkharrat in Baghdad.
The company's current global growth strategy includes doubling its addressable market, reaching one billion people and generating global revenue of 20 billion euros ($26.7 billion) by 2015.
"SAP has a multi-pronged innovation agenda comprising synchronised investments in five interconnected elements: extending a leadership position in applications, broadening its footprint in analytics, expanding its reach through mobile, becoming a profitable leader in the cloud and growing the fastest in technology and database," remarked Alkharrat.
The Mena region is pivotal to SAP's strategy, with the company recently announcing a four-year additional spend plan across the region that entails hiring more than 500 additional employees, tripling the company's existing consulting capabilities, opening several new offices and expanding the partner ecosystem and the SAP University Alliances programme.
The plan also encompasses the region's first IT-specific training and development centre, which will certify more than 2,000 new consultants within the next four years, as well as further accelerate and extend the localisation and Arabisation of SAP solutions.
Iraq, he said, figures strongly in SAP's Mena expansion drive and, in February 2012, the company became one of the first companies to commit to an in-country business development presence.-TradeArabia News Service
More Construction & Real Estate Stories
- Emaar unveils luxury homes in ‘BLVD Crescent’
- Emaar's retail spin-off plan 'won't affect rating': S&P
- Alargan HQ becomes Kuwait's first Leed project
- Tecom parks to become carbon-free zones
- New Tekla software accelerates information flow
- Damac unveils first Trump Estates in ME
- GFH in key London property placement
- Green Valley unveils new UAE, Turkey projects
- Jotun colour collection tracks new trends
- RAK Properties to distribute $27.2m profit
- Top construction firms head to Bahrain
- Investors pull out of $65m Bahrain project
- Projects stalled in Bahrain due to 'mismanagement'
- Emaar rules out plans for new tall tower
- Barwa net profit surges 27.3pc
- RAK Properties adds new villas to Flamingo project
- Saudi launches housing scheme to ease shortage
- R&M wins Oman residential project contract
- Asian skyscraper prices tower over rest of the world
- Tamleek opens new office in Dubai
- $29m allocated for Bahrain drainage projects
- Indian group plans $300m Bahrain Bay investment
- Drake and Scull awards key supply contract
- FCC wins $702m Doha metro line contract
- SPF Realty sees Dubai project success
- Abu Dhabi set for big property show
- Aldar working on $1.5bn UAE housing projects
- Gulf Finance House to start $3bn Tunisia project
- Abu Dhabi to see 10pc surge in new homes
- Saudi construction sector booming on new contracts