Tasnee and SAP Software Company celebrated the completion of RISE with SAP S/4HANA Project, which contributes to accelerating Tasnee business growth and meets its aspirations for business excellence, revenue growth, cost efficiencies, and operational improvement. The celebration was held on Monday, October 30, 2023, at the Mövenpick Hotel Riyadh, in the presence of senior officials and employees of both parties.
Mr. Fawaz M. Al-Fawaz, Tasnee EVP Finance and Support Functions, congratulated the work teams on the successful completion of the first wave of the project, pointing out the long relationship and mutual trust between Tasnee and SAP, which has continued for years, stressing the value that this fruitful relationship adds to the growth of Tasnee business, especially after the transition to SAP S/4HANA, which will contribute to simplifying the digital infrastructure and improving its flexibility, which will positively impact all Tasnee businesses and the performance of end users.
Mr. Omar Al-Bilali, Tasnee CIO, highlighted the importance of this achievement praising the pivotal decision choosing RISE with SAP S/4 HANA that contributes to accelerating the growth of Tasnee business, achieving the company’s aspirations for business excellence, operational improvement, and cost efficiencies.
Eng. Ahmed AlFaifi, Senior Vice President and Managing Director, SAP Middle East & Africa, North commented: "Today marks a significant achievement for Tasnee and is a testament to their dedication in adopting cutting-edge solutions and a culture of continuous improvement. The successful migration to SAP S/4HANA underscores their resolve to stay ahead in today's dynamic digital era, ensuring real-time insights and streamlined operations, and SAP is proud to be part of this pivotal transformation”.
Tasnee is the first Saudi joint-stock industrialization company fully owned by the private sector, established in 1985 with the aim of advancing the economic diversification in Saudi Arabia. For decades, Tasnee has concentrated on production in Petrochemicals, Metallurgy, Downstream, and investment in Titanium Value Chain, and has grown to become one of the largest industrial companies locally and regionally, and one of the largest global investors in titanium metal value chain. Tasnee has stepped great strides during the recent period in its pursuit of digital transformation as one of the leading national companies in this field.
SAP’s strategy is to help every business run as an intelligent, sustainable enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: SAP customers generate 87% of total global commerce. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition.