With the National Transformation 2050 initiative (TN50) as the framework for Malaysia’s digital transformation, both the government and local enterprises have an opportunity to be digital leaders in this new economic environment.
“As a digital solution, the group is committed to support its customers across all sectors to achieve this vision. “This will take place as we help businesses using the SAP digital business framework,” SAP Malaysia Sdn Bhd managing director Malaysia Terrence Yong said during at the Asian Innovators Summit 2017 here yesterday.
Yong said digitisation has revolutionised every industry today, and to remain relevant in the digital economy, governments and businesses need to start their digital journey immediately if they have not started already. “Paving the way with business models and process of innovation, we have to build on a legacy of enabling organisations from many various industries, including small and medium enterprises (SMEs), with their innovation agenda,” he said.
SAP Malaysia also announced that it is working with Trendcell Sdn Bhd, the operator of Jaya Grocer supermarkets, to facilitate the organisation in its transformation journey. “As part of Trendcell’s vision to drive business efficiency, as the company looks towards expanding the Jaya Grocer’s market footprint, the company turned to SAP to help automate its financial operations and reporting.
“Previously bogged down by paperwork which led to a delayed financial report, Trendcell is looking forward to operations running more efficiently with the SAP S/4HANA solution,” Yong said. The S/4HANA solution consists of a set of interconnected financial management functions that provide real-time data from the enterprise resource planning (ERP) applications.
It also integrates cross-organisational functions into one system that combines transactional processes and analytics for real-time applications. As a result, traditional barriers between transactional, analytics, and planning systems are removed to provide instant insights and on-the-fly analysis using all levels of financial data. Jaya Grocer can now also create forecasts of potential decisions using real-time financial data from various systems.
This is part of SAP’s overall strategy to drive its innovation agenda and support customers’ digital transformation and journey to the cloud via its portfolio of solutions. As governments and businesses work towards a digitally-enabled Asean, as outlined by the Mean ICT Masterplan 2020, SAP sees plenty of opportunities for organisations,
from both public and private sectors, to harness the power ofdata is the new gold for digital enterprises. As part of the Budget 2017 tabled in October last year, the government announced that the country is set to embark on a new 30-year transformation plan called TN50 — which will transform Malaysia into a nation of caliber, with a new mindset.
The digital economy, in turn, is set to power and invigorate Malaysia’s economic engine. MAHB chief strategy officer Azli Mohamed said the group is on track towards its vision to gearing up for its Airport 4.0.
“The digital transformation would focus on Kuala Lumpur International Airport (KLIA) and ICLIA2 to support passenger growth in both airports. KLIA has a capacity of 25 million passengers and is already at its maximum capacity, while ICLIA2 has a capacity for 45 million passengers. Obviously, we have talked to the government on the expansion plan but it will take some time,” Azli said.
The MAHB launched its “Runway to Success 2020” two years ago to ensure the airport operator’s relevancy in an increasingly competitive environment and sustainability of its business performance It consists of four main pillars including the utilisation of Kuala Lumpur as a hub in the region, the creation of total hub experience and emergence of KLIA Aeropolis.
“The whole idea of Airport 4.0 is about having an integrated seamless end-to-end for the customers and partners selectively because it is not one technology fits all,” said Azli.
*Source: Malay Mail