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Digital transformation can double Qatar’s commercial output to over $4bn by 2019, some leading organisations said at a technology event here yesterday.
With hyper-connectivity and e-commerce, Qatar’s business-to-business and business-to-consumer markets are set to grow from $2.3bn in 2014 to $4.3bn in 2019, according to the Ministry of Transport and Communications.
At the ‘SAP Qatar Forum’, Qatar’s energy, public sector, transport, healthcare, and construction leaders emphasised the role of real-time insights in the ‘Internet of Things’ era and digital Economy. Business intelligence can drive 10% annual revenue growth, said a recent IDC report.
Nakilat, which hosts the world’s largest LNG shipping fleet, with its partner Fujitsu, has deployed the SAP HANA private cloud platform for real-time financial and ERP insights.
“In an era of lower oil and gas prices, now is the time for Qatar’s oil and gas companies to invest in the next wave of technology. Real-time analytics are helping Nakilat to transform our supply chain, while fuelling research and development to ensure Qatar remains a world hub for energy innovation,” said Hamad Rashid Suwaid, Information Technology manager, Nakilat.
Abdullah Abdulghani and Brothers (AAB), one of Qatar’s largest auto dealerships, with partner HICRON Sp. z.o.o., received an SAP EMEA Quality Award for its business transformation project. “AAB is committed to helping businesses and residents receive the best customer service. The real-time analytics platform has streamlined AAB’s supply chain, enhanced the customer experience, and helped to diversify products and services,” said Dr Nasser Abdulghani al-Abdulghani, acting CEO, AAB.
During his keynote, Steve Tzikakis, senior vice president and general manager, SAP South Europe, Middle East, and Africa, emphasised that mega-trends such as hyper-connectivity, computing power, cloud, and the block chain are transforming how we work, live, and communicate.
“Qatar’s organisations are amongst global leaders in using a digital core to transform in today’s digital economy. The digital transformation of their organisations is a catalyst for diversified economic growth, which is aligned with Qatar National Vision 2030. Visionary CEOs are using cloud-based real-time insights to make quick, decisive actions, expand services, and drive omni-business models. This results in a simpler, agile organisation, which delivers new levels of customer engagement,” said Tzikakis.
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