Leveraging RISE with SAP, businesses in the Indian engineering and construction sector will have access to the full range of benefits made possible by SAP for cloud digital transformation.
The World Economic Forum (WEF) predicts that by 2025, half of all workers would need to undergo reskilling due to the widespread deployment of new technologies. More specifically, the field of engineering has grown considerably following the advent of the first industrial revolution.
According to a report from the India Brand Equity Foundation (IBEF), it has grown to become the country’s largest industrial sector, employing 27% of factory workers and attracting 63% of foreign investment. Since the introduction of new technologies, enterprises have been able to rethink their traditional approaches to business. The need to upskill has become universal as the pace of digital transformation across all industries and sectors continues to quicken, creating new jobs, ways of doing business, and operating models.
Indeed, the manufacturing process has shifted from relying on mechanical technology to embracing digitalization. As a result of the quickening pace of digital transformation, businesses throughout the world have integrated cutting-edge technology into their assembly lines and other functions.
As Indian enterprises in the engineering and construction industries prioritize business innovation to drive much needed changes to core systems, they are choosing SAP for cloud digital transformation in order to become a sustainable, intelligent enterprise. SAP solutions help enable them to improve organizational efficiency, optimize costs, and create a more agile and responsive organization that is better equipped to meet the needs of its customers.
Prestige Estates Projects Limited, Pacific Development Corporation Limited, Malbros International Private Limited, Signature Global (India) Private Limited, Nambiar Builders Private Limited, and Alekhya Homes Building Systems Pvt. Ltd. join the ever-growing list of RISE with SAP customers in India. These six organizations have decided to utilize the solution in order to help them manage their complex business processes and day-to-day operations more effectively.
Leveraging SAP for Cloud Business Transformation
Challenges in the engineering and construction industry persist in the form of fragmented information dissemination, a lack of technological expertise, concerns about security, and unstable supply chains. As a consequence of this new scenario, however, businesses are placing a premium on digital transformation in the hopes that it will allow them to seize potential opportunities and ensure future-proofing.
Vinita Rai, Head of SAP S/4HANA Cloud at SAP India, said that organizations in the Indian engineering, chemical, and construction sectors are starting digital transformation journeys because of pressure from macroeconomic and emerging digital trends to achieve strategic priorities that call for end-to-end connectivity across the business value chain to develop into industry-leading, intelligent enterprises. She further added:
“We’re seeing an increase in demand for cloud technology across these sectors, as they address dynamic market conditions and customers who prefer enterprises that prioritize sustainability agenda.”
With the German tech giant’s Business Transformation as a Service (BTaaS) signature cloud offering, the abovementioned Indian enterprises will be able to automate many of their manual tasks which will free up time for their employees to focus on more strategic initiatives. Additionally, the real-time insights provided by RISE with SAP will allow these organizations to make better-informed decisions that can help them improve their bottom line.
Shaji Mudappathi, Chief Financial Officer (CFO) at Nambiar Builders Private Limited, noted that the company is dedicated to providing unwavering integrity in quality assurance and customer engagement. Explaining how RISE with SAP helped improve the company’s operations, Mudappathi shared:
“After adopting RISE with SAP, our supply chains and finance processes have been greatly simplified. What’s more is that we now have a better audit trail, easy and stress-free compliance, and most importantly a 100% uptime.”
Echoing other SAP for cloud customers’ sentiments, Srinivasa Rao Chakka, AVP-IT&SAP, Prestige Estates Projects Limited, said that now more than ever, digital technologies like the cloud play a crucial role in propelling the innovation and differentiation of businesses. Detailing more about how the BTaaS offering optimized the company’s processes, Chakka added:
“With RISE with SAP, we’re confident that we will be able to now unlock new ways to drive revenues, operational efficacy, and systems modernization. We’re excited to leverage SAP technology to steer our company towards digitalization and lead with industry innovation.”
