Al Osais International Holding Company, one of Saudi Arabia’s largest diversified businesses, has confirmed that it will switch its enterprise resource planning (ERP) software solution to SAP, beginning with its construction company, Al Osais Contracting Company.
Al Osais believes that by implementing SAP’s Engineering and Construction application – the world’s leading solution for the 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 engineering and construction application has significantly improved our ability to control projects and facilitate integration with our customers. And we also believe that SAP’s product roadmap 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, to include structural steel works, marine works, plant infrastructural civil works, surveying and drafting services.
Essam Enany, president, SAP Arabia said: “The Al Osais implementation of SAP’s engineering and construction application is a first for the Kingdom; no other organization is running it yet. But we think they will soon when they hear about the immediate benefits that it is bringing 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 30.2 per cent in 2004 to 33.1 per cent in 2005 while its nearest competitor has a market share of 23.3 per cent. Total spending on software solutions in the MENA region reached $187.35 million in 2005, representing an increase of 16 per cent year-on-year and is expected to be worth around $ 371.08 million in 2010.
Saudi Arabia was the largest market with 43.9 per cent share and the UAE second with 26.8 per cent share of the regional market in 2005.
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