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 7418 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
Skyline Book Fair 2018
The Bremont Waterman
Holiday hair: The best product to keep your locks smelling fresh and protected
ServeU to Take Huge Leap Forward with Smart Cleaning Robots
Emirates celebrates inaugural flight to London Stansted
Blackberry Key2: An Icon Reborn
Chronoswiss' Exclusive Limited Edition Flying Regulator Marks 31st Anniversary o...
The Future Takes The Past Tense
CSR Initiatives by Malabar Gold & Diamonds continues in full strength
Consulate General of India Mr. Vipul came as CHIEF GUEST at the blood donation c...
DWTC events drive AED 12.7bn in economic value for Dubai, fuelling record 3.3% c...
Marchon Eyewear Summer 2018 Collections
24 hour Mega Sale at Dalma Mall!
Al-Futtaim ACE celebrates Eid with exciting offers and activities
Skin Hydration is one of the primary challenges our skin faces in the UAE
Beauty on the Go
du Distributes Eid Gifts at Al Jalila Children's Hospital
Al Ghandi Auto brings the most Affordable Electric Vehicle - Chevrolet Bolt EV -...
New open-air member of the AMG GT family
Abu Dhabi Treats Eid Al Fitr Visitors to Shopping Bonanza with 90% Discounts Acr...
Hamdan Bin Mohammed Heritage Center distributes Eidia on first day of Eid
iVOOMi Smartphones Enter the UAE Market Exclusively on SOUQ.com
Hamilton Jazzmaster Maestro Auto Chrono
Rapid renewal of smartphone portfolio brings next generation Nokia 5 and Nokia ...
Purify Your Skin with Skin Republic
Captivate Your Senses with Marks & Spencer's Exclusive Oud Collection
A Sparkling Gift Guide for Eid al-Fitr by Mouawad
Dubai to Witness the First Ever Jewellery Season With Grand Discounts and Surprises
Crowe Horwath announces global rebrand to “Crowe” Sometimes a smart decision i...
The Rado True Phospho wins 2018 Good Design Award®
Great Moments Manero Flyback accompanies Swiss National Soccer Team To Russia
Filorga introduces two new additions to its UV-BRONZE range offering a comprehen...
Stylish men's watch - BU4018-11H - with rose gold case and black dial is a real ...
The Summer Just Got Sweeter with the New Palm Candy Collection from Max
Eid Al Fitr, the FIFA World Cup and much more at Danat Al Ain Resort
The Lacoste Moon Collection
Axalta and Mohamed Naser Al Sayer Toyota Service Body Shop Go Green in Kuwait
Zulekha Hospital surgeon saves patient from losing normal hand functions
Tissot Chrono XL Tour de France Special Edition Cycling just got big
Eight Tips to Avoid Overindulging this Eid
DHA Hospitals becomes first in the Emirate to use clip technology by angiography...
Dubai Summer Surprises Calendar of Events Revealed
Celebrate Eid Al-Fitr with Emaar Entertainment
Ibn Battuta Mall debuts three international kids' shows this Eid Al Fitr and DSS
Celebrate Eid Al Fitr at Dubai Festival City
GSK distributes 8,500 ecofriendly Iftar meal bags to people across the GCC
Masdar City's Etihad Eco-Residence Wins Emirates Green Building Council MENA Gre...
Sprint Superstar! Kristoff Rules the Roost, Securing Top Spot for Uae Team Emirates
MG Motor launches iLink for the Middle East market
Liali Jewellery gets the Capillary Technologies boost to enhance customer engagement