Al Osais International Holding Company, one of Saudi Arabia’s largest diversified businesses, has confirmed SAP’s selection for its enterprise resource planning (ERP) software solution, beginning with its construction company, Al Osais Contracting Company.
Al Osais believes that by implementing SAP’s Engineering, Construction and Operations Solutions – the world’s leading-edge solution for the EC&O industry – it will realize immediate benefits in the way it controls projects and integrates with customers.
“We are a large group with large customers across the Kingdom, so we must be very organized to stay competitive,” said Mr. Tareq Al Moraisel, Board Member, Al Osais International Holding Company.
“SAP’s EC&O solutions will enable us to focus on our core business processes and help us significantly improve our ability to control projects and facilitate integration with our customers. We also believe that SAP’s business maps for EC&O is more stable than their major competitor, which is also important for a growing group like ours when taking a decision to invest.”
Al Osais Contracting is involved in several different types of building construction, both commercial and residential. Their services include site development, provision of infrastructure and utilities, structural steel works, marine works, plant civil works, surveying and drafting services.
Essam Enany, president, SAP Arabia said: “Al Osais implementation of SAP’s EC&O solutions is a first in the Kingdom and we will witness a growing number of orgnizations within the same market segment adapting SAP, especially when they hear about the immediate benefits that it will bring to Al Osais Contracting.”
SAP is the worldwide market leader in ERP software, according to a comprehensive new study by Gartner, the independent industry analyst group.
In the Middle East, SAP Arabia increased its market share from 30. per cent in 2004 to 33 per cent in 2005 while its nearest competitor has a market share of only 23 per cent. Total spending on software solutions in the MENA region reached $187million in 2005, representing an increase of 16 per cent year-on-year and is expected to be worth around $ 371 million in 2010.
Saudi Arabia was the largest market with 44 per cent share and the UAE second with 27 per cent share of the regional market in 2005.
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