Lahore (Muhammad Yasir Pakistan Telecommunication Company Limited (PTCL) signed a Memorandum of Understanding (MoU) with SAP, a global technology company, to enhance Cloud-based digital business transformation, vital for enabling Pakistan Vision ­2025, especially in agriculture, banking & education sector.

The MoU was signed at PTCL HQs in Islamabad by Adil Rashid, Chief Business Services Officer, PTCL and Saquib Ahmad, Managing Director, SAP Pakistan. On the occasion were also present Dr. Daniel Ritz, President & CEO, PTCL, Ahmed Al-Faifi, Senior Vice President and Managing Director, SAP Middle East North, along with officials from respective companies.

Through this MoU, PTCL & SAP will be able to jointly support enterprises in Pakistan to accelerate their cloud-based digital business transformation. In particular, PTCL will offer ‘Enterprise Resource Planning on the Cloud’, through which enterprises can gain real-time business insights that can further enhance their decision-making and digital business models.

Business leaders in Pakistan are increasingly turning to the cloud to become Intelligent Enterprises that can secure higher revenue, market share and profitability. Worldwide, 84 percent of organizations rate digital transformation as critical by 2022, according to the recent SAP Digital Transformation Executive Study.

On the occasion, Dr. Daniel Ritz, President & CEO, PTCL, said, “PTCL & SAP collaboration will enable cloud-based digital transformation that is aligned with Pakistan Vision 2025. PTCL has the vision and expertise to deliver cloud-based business solutions that span hardware, software, and services to meet Pakistan’s digital business needs. Cloud is vital for the public and private sectors to transform customer experience drive business innovation and raise productivity to the next level.”

PTCL will collaborate with SAP and SAP’s ecosystem on offering business solutions on the HANA Enterprise Cloud, aiming to become a Partner Managed Cloud to offer private cloud solutions, presenting enterprises with SAP Business One analytics software and enabling the Digital Economy with Internet of Things (IoT) innovations.

Ahmed Al-Faifi, Senior Vice President and Managing Director, SAP Middle East North, said, “This MoU with PTCL will strengthen our ties with Pakistan’s leading digital innovators. CEOs in Pakistan are regional leaders in embracing the cloud to move to an OPEX model that optimizes costs, productivity, and innovation. Cloud is being adopted by the agriculture sector for connected farms, banking and finance for digital banks and education for connected campuses.”

This collaboration with SAP will further accelerate PTCL’s long-term digital transformation roadmap.