‘Rise with SAP’ Gaining Momentum with Petronas Collaboration

Since SAP introduced its ‘RISE with SAP’ offering, the world’s leading enterprise solutions company has been going from strength to strength in Malaysia with numerous large enterprises embracing the ‘all in one’ package.

‘RISE with SAP’ is a subscription-based offering that bundles existing SAP tools, technologies and intelligence into a holistic ‘business transformation as a service’ model.

Get NordVPN

It enables customers to run as an intelligent enterprise with SAP S/4HANA Cloud, connectivity to SAP Business Network, access to the SAP Business Technology Platform, and a selection of industry cloud solutions – all wrapped up in a single package with business process insights and technical migration tools.

In a report last week that made it to the international news, the New Straits Times reported that Petroliam Nasional Berhad (Petronas) is set to benefit from comprehensive, flexible, and innovative cloud-based transformation having signed up for the ‘RISE with SAP’ offering.

It cited a SAP statement that said Petronas had joined other global companies like Japan’s Fujitsu Limited and Daiwa House Industry Co Ltd together with India’s Mahindra & Mahindra Limited to have signed up for ‘RISE with SAP’.

In Malaysia, TechBarrista has learnt that other highly respected groups such as Johor Corp, Malaysia Airlines, Dialog and DKSH Holdings have also signed up for the offering, and are collaborating deeply with SAP Malaysia to further optimise their operations to realise greater productivity and operational efficiencies.

The statement also said that SAP’s cloud revenue globally was up 33% to €12.5 billion, up 24% at constant currencies, for its fourth quarter ending 31 December 2022.

In Asia-Pacific and Japan (APJ), SAP grew cloud revenue to €417M for that period, an increase of 28 per sent over same period in 2021, with Japan and India showing particular momentum. Total APJ Q4 2022 revenue grew to €1.171 billion.

SAP president (APJ) Paul Marriott said that digital transformation, supply chain innovation, and sustainable business models continue to be critical for long-term strategic success.

“Leading companies across Asia are realising it is not about lifting and shifting IT, but driving true financial and sustainable business outcomes through the adoption of technology,” said Marriott.

This development follows on from SAP Southeast Asia president and managing director Verena Siow telling Bernama last year that Malaysia remains a strategic market for SAP.

“As a global technology leader, we are committed to Malaysia’s growth journey s we have had over the past three decades. We work with our Malaysian customers to help adopt leading-edge technologies so that they become more productive and efficient,” Siow told Bernama.

On ‘RISE’, Siow said that its purpose is to transform organisations into becoming sustainable, intelligent enterprises while enabling them to scale for growth.

‘RISE is the way to achieve this in the ‘never normal’,” said Siow, adding that SAP looks forward to empowering the digitisation and transformation journey of organisations to support their growth and expansion plans, which would also strengthen economies in the region.

Leave a Comment