STC and SAP Leverage Network Technology to Fuel Kingdom's Knowledge-Based Economy

Kingdom Tops Middle East Mobile Subscriptions; Aims to Tap into Global USD 50 Billion Enterprise Mobility Opportunity

RIYADH, Kingdom of Saudi Arabia - 30 November 2014 - The Middle East’s largest telecommunications service provider, Saudi Telecommunication Company (STC), and SAP, are partnering to leverage STC’s network infrastructure; this will help drive the Kingdom’s knowledge-based economy, the organizations announced today.

SAP predicts a global USD 50 billion enterprise mobility potential, offering immense opportunities for the Kingdom’s public and private sectors to harness the power of the connected economy through use of network technology.

The Kingdom’s cellular sector is particularly strong boasting Middle East’s largest number of mobile subscriptions, 53 million in 2013, according to the Kingdom’s Communication and Information Technology Commission. The country’s smartphone penetration is 73 percent, one of the highest in the world, according to Google’s “Our Mobile Planet” report.

“STC’s leadership in providing state of the art robust network infrastructure has the potential to help realize the vision of knowledge-based economy in the Kingdom. We aim to leverage SAP’s business experience and our world-class data centres to provide top of the line mobility services to our enterprise customers,” commented Dr. Khaled AlBayari, STC Senior Vice President of Technology and Operations.

Utilizing the power of Enterprise Resource Planning (ERP) software, the project aims to support informed decision making by providing integration and unified reporting across various applications and functions. This results in increasing efficiency, integrating business processes and strengthening internal controls.

Ahmed Al Faifi, Managing Director, SAP Saudi Arabia, said: “STC’s network life cycle management project has enabled the Kingdom to become one of the world’s best-connected countries. By leveraging our global telecommunications expertise, STC now has the visibility into its network to deliver cutting-edge enterprise applications that will drive ROI.”

As a global market leader in enterprise business-to-business applications and software, SAP helps companies of all sizes and industries run better across sales, services, and marketing. From back office to boardroom, warehouse to store front, desktop to mobile device, SAP empowers people and organizations to work together more efficiently and use business insights more effectively.

Among SAP’s leading solutions are SAP Business Suite on SAP HANA for hybrid analytical and transactional processing, SAP Fiori for enhancing the user experience, SuccessFactors for cloud-based business solutions, Ariba for procurement; along with CRM, billing, and order management.