SAP partnered with Sri Lanka SAP User Group (SLSUG) to help drive digitalisation for local businesses in the country. This shows that enterprises going digital is more than just a trend, it is a necessity.
A few years ago, some Sri Lankan companies have started their digitalisation processes with SAP’s S/4 HANA. With the intelligent offerings and solutions made available to help these businesses become Intelligent Enterprises, the digitalisation opportunities are vast.
SAP sees and believes that there are opportunities to grow if these businesses adopt new-age technologies.
The Intelligent Enterprises strategy lets businesses to transform their data into insights by feeding process automation, innovation and optimal experiences. It will utilise SAP’s integrated applications that can help improve performance and efficiency.
Machine learning is already integrated into SAP’s machine learning applications such as SAP S/4HANA. The SAP Analytics Cloud will also help empower citizen data scientists.
Sajith Simon, Sales Head for South India and Sri Lanka, SAP India Subcontinent shared:
“Businesses in Sri Lanka are flourishing in the current digital era. To continue the momentum, companies will need to evolve and embrace intelligent technologies. SAP along with SLSUG’s objective is to bring transformation into the local market in order to accelerate the digitization process and help businesses to become best-run businesses.”
SLSUG’s Chairman, Ramesh Shanmuganathan, expressed excitement on the partnership.
“SLSUG has been a frontrunner in providing the CXOs and enterprises in Sri Lanka with a platform to effectively engage, gain knowledge and build a technology roadmap for their businesses since 2017. We are happy to bring the Intelligent Enterprise Summit to Sri Lanka, together with SAP, which we feel will enable local businesses to accelerate their digital transformation journey and be part of the data-driven eco-system in driving the experience economy, both locally and globally.”
Hayleys Group, a large conglomerate headquartered in Sri Lanka, is one of the businesses that implemented SAP’s S/4 HANA. They leveraged it for their agriculture, construction, hand protection and power and energy business units.
Sarath Ganegoda, Hayleys’ Group Executive Director, said:
“We’re leveraging cutting-edge technology to streamline our processes and ensure digital transformation. Over the course of six months, we transitioned from our legacy systems to the SAP platform without any time or cost overruns implementing the S/4 HANA across 4 business verticals, comprising of over 40 legal entities and 650 users.”
The implementation helped Hayleys in monitoring business performance at three levels, getting real-time insights that help make business decisions or outcomes, standardizing and streamlining the company operations, cutting down time spent on financial reporting and closing processes, and boosting efficiency of operations.
SAP showcased its top-notch suite business applications and best practices at the Intelligent Enterprise Summit in Colombo. These applications and best practices have reputations for helping local businesses in their innovation efforts in preparation for the digital economy.