Onex adopts RISE with SAP to accelerate its move to cloud computing to leverage AI, data and analytics capabilities.
Onex Holding is partnering with SAP to design and implement an end-to-end digital transformation strategy. This will increase efficiencies, transparency and agility while also supporting Onex’s sustainability goals across its operations in the UAE, Iraq and Europe.
With headquarters in Dubai, the private infrastructure investment group has interests in prime real estate, power generation, oil refining, trading, shipping, and telecommunication services, and is increasingly focusing on renewable energy solutions. The full digital transformation of these vast operations will take place in a phased approach, accelerated through the adoption of RISE with SAP for private cloud. The comprehensive strategy includes implementation of SAP Business Technology Platform (SAP BTP) and enterprise resource planning solution SAP S/4HANA.
SAP was selected for the large-scale project based on its ability to deliver a sustainable, end-to-end transformation that would be scalable across all of Onex’s assets. The initiative needed to support the group’s growth and sustainability plans, while also being able to deliver some quick initial outcomes.
Commenting on the partnership, Waqas Butt, Director ICT & Digital Transformation, Onex Holding, said, “We have worked very closely with SAP to create a roadmap that will enable Onex to remain at the forefront of rapidly evolving markets while deepening our commitment to environmental sustainability. By adopting RISE with SAP and SAP Business Technology Platform, Onex will be able to innovate, extend, and customize applications across our diverse portfolio. In addition, we will be leveraging the latest AI, data and analytics capabilities to empower information-driven decisions that benefit not only our employees, stakeholders and clients, but the environment too.”
Zakaria Haltout, Managing Director, SAP UAE, elaborated, “In the UAE’s Year of Sustainability, and with COP28 being held in Dubai in 2023, Onex’s digital transformation sets a sterling example for companies here and globally. In addition to supporting its sustainability goals, the full implementation sets Onex up for long-term business success by enabling greater visibility across operations, increasing efficiencies, automating process, lowering total cost of ownership, and enabling agile decision-making through real time data insights.” In addition to leveraging the sustainability metrics embedded across SAP’s portfolio of solutions, Onex will implement SAP Sustainability Control Tower. This powerful tool ensures robust and auditable ESG reporting, and enables Onex to set organization-specific sustainability targets and monitor progress to gain actionable insights from dependable data.
