Innovate Business with Big Data: SAP

SAP S4/HANA Real-Time Business Suite Enables Organizations to Leverage IoT & Big Data to Innovate in the Digital Economy

SAP proclaimed that the Middle East organizations need to innovate with the power of Big Data as the regional Internet of Things revenue is all set to reach USD 2 billion in 2015.

With the Middle East’s IoT market growth outpacing the global average, the region’s IoT hardware and services revenues will reach nearly USD 2 billion in 2015, according to Deloitte. As the GCC diversifies its economy, the non-oil sector will grow by 6 percent in 2015, according to the International Monetary Fund.

As Deloitte predicts that global IoT analytics revenues will grow by 500 percent over the next four years, SAP is seeing strong take-up in the Middle East for the recently-released SAP Business Suite on SAP HANA (SAP S/4 HANA), which connects people, devices, and business networks in real time.

Frank Forndron, SAP Head of Customer Office, SAP MENA, and Head of Quality Management for SAP MENA and EMEA Emerging Markets said “We’re seeing strong demand for our SAP S4/HANA real-time in-memory business suite, which reduces complexity and cost, and delivers customer value and boosts the region’s economy..

“With the Kingdom’s construction sector experiencing strong growth, our vision calls for utilizing state-of-the-art technology to enhance our business and the Kingdom’s infrastructure,” said Shaikh Mus’ad Bin Sammar Al Otaibi, Founder and Chairman of Bin Sammar Trading and Contracting Company.

Jumana Al-Hashmi of Al Khalili Group said, “Providing real-time visibility is a major component of SAP S4/HANA, helping enable our expansion plans and supporting the region’s economic growth.”

SAP is now introducing the cloud edition of SAP S/4HANA to help customers drive their digital business transformation with the simplicity of the cloud. With hybrid on-premise and cloud solutions for IT flexibility and accelerated business innovation, customers can run their entire enterprise in the cloud.

“Data is growing at an unprecedented rate,” said Dhiraj Daryani of research firm IDC. “The amount of information created and replicated is doubling in size every two years, and will reach 44 zettabytes, or 44 trillion gigabytes by 2020.