GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Banking and Investments

 
  Share

Senior Officials Attend Opening Ceremony at MENA Headquarters in Dubai Internet City
Investment to Include New UAE Cloud Data Center

DUBAI, United Arab Emirates – 17 March 2017: SAP SE today announced a five-year USD 200 million investment in the UAE, underpinning objectives outlined by the UAE Vision 2021 plan to create economic diversity and jobs for youth.

Senior officials participated in the official ribbon-cutting VIP ceremony and inaugurated the new SAP MENA headquarters in Dubai Internet City.

Ammar Al Malik, Executive Director, Dubai Internet City (DIC), said: 'We are delighted to be formally inaugurating the new SAP MENA Headquarters in Dubai Internet City. Throughout the years, DIC has witnessed SAP's phenomenal growth in Dubai and the region, and the inauguration of their MENA Headquarters is another significant milestone in our shared history. Dubai today is an accelerator of innovation, digitalization, and growth, and DIC is a key catalyst at the heart of the innovation mandate. SAP is one of the most innovative companies in ERP and Cloud solutions, and we look forward to enabling the growth and development of this industry.'

SAP also announced plans to establish its first SAP Cloud Data Center in the UAE in 2017. Through the data center, organizations will be able to benefit from SAP cloud solutions, harnessing the real-time capabilities of the powerful in-memory platform, SAP HANA. The SAP data center will accelerate innovative business models especially for the UAE's government, banking and finance and healthcare sectors. A recent report from Gartner shows that the MENA public cloud services market is set to roughly double, from about USD 1 billion in 2016 to about USD 2 billion in 2020.

“Our UAE investment plan and our new Middle East and North Africa headquarters in Dubai affirm our commitment to this strategic market, with public-private partnerships fueling digital transformation, co-innovation, talent development and entrepreneurship,” said Luka Mucic, Chief Financial Officer and Member of the Executive Board, SAP SE. The first such investment plan (USD 450 million) had been announced in 2012.

SAP, which was recently announced as a Premier Partner for Expo 2020 Dubai, also launched its first Co-Innovation Lab (COIL) in the UAE, its 15th lab across the globe, facilitating project-based co-innovation with customers and partners. SAP Co-Innovation Labs, located in high-tech clusters around the globe, provide opportunities to foster innovations with local ecosystems.

The lab offers a hands-on development environment and a structured and guided global approach for companies to co-innovate with SAP. In the region, the Lab is focused on innovative services for banks and real estate companies to provide an immersive virtual and augmented reality experience for homebuyers. The lab will also act as an enabler and primary access point for SAP's Internet of Things platform “SAP Leonardo” in the region.

The new SAP headquarters will serve as the hub for SAP's Training and Development Institute (TDI). The TDI has upskilled thousands of students and young graduates, and successfully implemented programs to sponsor and empower entrepreneurs in the UAE and across the region. TDI is committed to develop local talent, hiring millennials, and supporting women in the workforce.

The opening event was attended by dozens of executives from the region's most innovative public and private organizations. At SAP's first immersive Customer Experience Center in the region, they were given insight into the latest digital innovations and future trends, including SAP Leonardo, the in-memory SAP HANA platform, and the real-time business suite, S/4HANA.

SAP has more than 345,000 customers in 190 countries and generated total revenue of 22 billion Euros for FY2016. Europe, the Middle East, and Africa account for 44 percent of total global revenue.



Posted by : GoDubai Editorial Team
Viewed 6582 times
Posted on : Friday, March 17, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : ADNOC Distribution Awards Grand Prizes of ‘Oasis of Surprises' Promotional Campaign
Next Story : ICS Financial Systems to Exhibit at the Sub-Saharan Africa Islamic Finance Convention 2017
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
SOUQ.com to Launch Half a Million Deals for White Friday 2017
Give the Gift of Beautiful Hair with SHOW Beauty
PLAY FOR PEACE, Spread Good Vibes this Christmas
Roja Parfums ELYSIUM - Now available at Paris Gallery in UAE
Runway Dubai Wrapped up an inspiring star studded event with iconic designer, Wa...
Six pairs of Emirati siblings marched together at Skyline's 27th Graduation Ceremony
FOREO: Futuristic Gifting Ideas
Infinix Launches Zero 5 in Dubai in Partnership with Souq.com
Santa Claus is coming to town on a festive Graham Chronofighter Vintage Nose Art Ltd
Stylish automatics from CITIZEN made for the special occasion
Alpha Assured Assistance (AAA) Loyalty Program to ramp up loyalty landscape in t...
Tub Of Butter Celebrates First Birthday with 1 Dhs Coffee
SOUQ ramps up operations ahead of White Friday Sale
SAINT HONORE Celebrates the UAE's 46th National Day with a Limited Edition Hauss...
Experience the best of Korean beauty with Missha
Make Room for Play and Celebration With IKEA During Dubai Design Week
Dubai RAK Diabetes Center launches Dhs 1 Diabetes screening for residents
50 Years of Puma Suede: PUMA Brings It for the Culture With the B-boy Pack
Dubai Shines as Global Industry Descends on Vod Dubai International Jewellery Show
Godiva Arabia opens its 17th branch in the UAE
Premium Beverages Maker Hielo Beverages India Forays into Dubai(UAE)
H.H. Sheikh Hamdan bin Zayed Al Nahyan Tours the Barakah Nuclear Energy Plant
Chattels & More returns to Downtown Design showcasing limited edition pieces whi...
Dubai Sports Council Championship for Football Academies set for a “bigger and b...
Toyota goes Xtreme with Land Cruiser, FJ Cruiser and Fortuner
Dubai Festival City Reveals Highlights of the Dubai Fitness Challenge Closing Ce...
Wataniya Airways to add 25 A320neo Family aircraft
Fashion Forum by College of Fashion Design (CFD)
Dubai Customs' Smart Refund initiative to the finals of “Smart Government” program
ADFD, IRENA Open New Round of Funding for Renewable Energy Projects in Developin...
Schneider Electric at ADIPEC 2017: Real-time Data to Revolutionise Oil and Gas I...
ADSB successfully expands into oil and gas industry despite low oil prices
Better Life launches new retail strategy focused on kitchen appliances
Dubai non-oil foreign trade increases by 13% year-on-year in the third quarter o...
New Intelligent Huawei Phone Wows UAE's Most Stylish at Arab Fashion Week
Non-Muslims to secure inheritance distribution through RAK ICC registered Wills
Khalifa University Showcases Research Projects in Oil and Gas Sector at ADIPEC 2017
Steel Alliance Against Counterfeiting: “Risks posed by counterfeiting put the wh...
Schneider Electric at ADIPEC 2017: Real-time Data to Revolutionise Oil and Gas I...
2XL captures the essence of vintage living with Prague Sofa set
Augmented Reality safety glasses eye Middle East debut at Intersec 2018
Quantum Eurostar to implement the largest ESCO project in the UAE leisure and en...
Aston Martin at the 2017 Dubai International Motor Show
Lexus launches reimagined flagship, all-new 'LS' in the UAE
Pure Health adopts latest SAP solutions
2018 Camry Hybrid Electric Vehicle makes appearance at the 2017 Dubai Internatio...
Huawei Unveils Proactive Security System at RSA 2017 Abu Dhabi to Build a Road t...
Dubai Airshow 2017 Welcomes Industry Firsts and Innovations
HUAWEI Mate 10 Pro arrives in the UAE to begin new era of Intelligent Smartphones
Ministry of Education Partners With British Agency to Uphold Quality Assurance i...