Digital transformation is essential for obtaining CPEC’s goals

Islamabad –  Digital transformation can help government to achieve goals set under China Pakistan Economic Corridor (CPEC) and Gwadar port can be successful by passing right information to companies for market opportunities.

Saquib Ahmad, Managing Director, SAP Pakistan expressed these views here today during a press conference. He said CPEC is the real changer of Pakistan’s economy and digital transformation was essential for its success. He said that digital transformation was the top priority for Pakistan’s CIOs to transform industry verticals and daily lives, the global digital transformation enabler SAP announced on Monday at SAP NOW Pakistan, one of the country’s largest technology events.

Pakistan business leaders at SAP NOW Pakistan agreed with global research that shows 84 percent of organizations rate digital transformation as critical by 2022, according to the recent landmark 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.

“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 are discussing and debating digital trends. SAP is exchanging best practices with localizing solutions for 26 industries, and is co-innovating with Pakistan’s digital leaders, including the Controller General of Accounts, Fauji Fertilizer Company, and Lucky Cement.

"Monitoring Desk"

RELATED POSTS

5
Six Pakistani entrepreneurs graduate from UNCTAD, Alibaba’s fellowship
China donates Rs6m more to families of martyred cops
Pakistan coming on track by enhanced export, trade volume with neighboring countries
China says it hopes US can show sincerity on trade
Pak-China air forces to conduct joint exercise
Pak, Kazakhstan strong bilateral trade ties improving day-by-day: Haroon Sharif
Sindh CM’s adviser lashes out at ex-CEO of Thar mining firm
Govt asked to rehabilitate infrastructure in Bara
PDWP approved 37 projects of energy & power sector cost Rs138473 MILLION
Power plants set up by Turkish companies: President Alvi faced embarrassment?
Pakistan, China yet to finalise Gwadar projects
China working with Pakistan to invite third-party companies to join CPEC
New major highway planned in Balochistan under CPEC
CPEC projects security reviewed, vigilance demanded
China needs to play important role to promote CPEC construction in new era

FOLLOW US


About Corridor.pk

Corridor.pk is Pakistan’s leading regional connectivity media & communication/outreach platform, dedicated to profiling and promoting the business activities, news and views on the regionally connected business corridor across OBOR. 

     

Addional Information

 Ethics Policy     Advertise
 Terms & Conditions
 Contact Us