Digital transformation is the top priority for Pakistan’s CIOs to transform industry verticals and daily lives, the global digital transformation enabler SAP announced today at SAP NOW Pakistan, one of the country’s largest technology events.
Pakistani business leaders agreed with the results of a recent study that shows 84 percent of organizations rate digital transformation as critical by 2022. This observation was made according to the recent SAP Digital Transformation Executive Study, conducted in partnership with Oxford Economics.
“Digital Leaders” are finding 23 percent higher revenue, 85 percent market share, and 80 percent profitability.
However, as the survey shows, only 3 percent of organizations have undergone digital transformation, Pakistan’s CIOs are accelerating digital transformation, aligned with Pakistan Vision 2025 and China-Pakistan Economic Corridor goals towards realizing economic growth, smart government, and Smart Cities.
“Digitization is the top priority for Pakistan’s CIOs to solve real-world challenges, from enhancing healthcare with digital patient records, to mitigating climate change by predicting floods,” said Saquib Ahmad, Managing Director, SAP Pakistan.
“SAP NOW emphasizes how emerging technologies — such as artificial intelligence and machine learning, blockchain, and the Internet of Things — can make a major mark on Pakistan’s society.
During SAP NOW Pakistan, which launched in Islamabad, and will follow in Lahore and Karachi, hundreds of C-suite executives discussed and debated digital trends. SAP exchanged some of the best practices with localizing solutions for 26 industries. It is collaborating with Pakistan’s digital leaders, including the Controller General of Accounts, Fauji Fertilizer Company, and Lucky Cement.
Here are some of the ways SAP has ushered in the digital age in Pakistan:
- Digital and mobile solutions in Banking and Finance are enhancing customer service with predictive analytics and targeted services. Pension funds are also digitizing for efficiency and transparency.
- With 45 percent of Pakistan’s population working in Agriculture, according to the Ministry of Finance, mobile connectivity is enabling digital weather reports in Urdu, and soil quality measurement.
- As connected education campuses advance, the Education sector is seeing strong potential for digital technologies to enable project collaboration, real-time grading, and virtual reality field trips.
Supporting Young Talent Development in Pakistan
Across Pakistan, SAP is advancing its strategic growth plan by hiring new talent, training young talent through the SAP Academy Program, and expanding its channel partner ecosystem with major channel partners such as EY (formerly Ernst & Young), IBM, and Siemens.
SAP’s Training and Development Institute is seeing strong success with its Young Professional Program, a 2-3-month-long program to support participants in SAP Associate Consultants certification and into job placement.
In Karachi, 25 trainees are developing their skills with SAP Hybris e-commerce, and SAP Ariba procurement and sourcing solutions. Pakistan’s entrepreneurs can also join the SAP Startup Focus Program, which can help bring their Big Data, predictive, or real-time data analytics innovations to the market.