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United Arab Emirates - SAP, the market-leading enterprise software company, and Aramex (DFM: ARMX), a leading global logistics and transportation solutions provider, will support the Middle East's growth as a global logistics hub, and make it faster and easier to deliver packages,thanks to an innovative partnership, the companies announced today.
Logistics is a key vertical being transformed in the Internet of Things era, with sensors and real-time Big Data analytics providing real-time visibility, automation of processes, productivity optimization, enabling real time decision making and reduction of environmental impact across regional and global supply chains.
Demonstrating the Middle East's growing role in global logistics, air freight currently transports 35 percent of internationally-traded goods, with the Middle East projected to be the fastest-growing international freight market at 4.87 percent CAGR to 2018. By 2018, the UAE will be the world's third-largest air freight market, according to the International Air Transport Association.
Anticipating further growth, a variety of back-end SAP technology solutions will help Aramex to scale their global expansion in franchising and package delivery, and make it easier for customers to use their services, such as express delivery and e-commerce for consumers, and logistics and records and information management on the business-to-business side.
Iyad Kamal, Chief Operating Officer of Aramex, said: "We are delighted to be partnering with SAP. At Aramex we are always looking for new and strategic ways to innovate our business. We believe that this ability to rapidly introduce new technology solutions gives us a strong competitive edge and this platform consolidation will perfectly allow us to strengthen collaboration across business units.It will also help ensure that we maintain exceptional levels of service, for our customers and partners as well as our employees around the world. This is a natural, logical step in further streamlining our global business operations."
Aramex has operations in over 350 locations across 60 countries, and more than 13,000 employees. Aramex's Q3 2015 net profits increased by 7 percent year-on-year, from USD 18.9 million in Q3 2014 to more than USD 20.3 million.
Tayfun Topkoc, Managing Director, SAP UAE, said: "Dubai and the Middle East are taking an increasing role in global logistics, with the region's organizations being among the world's early adopters of technology in the Internet of Things era. With S/4 HANA real-time capabilities, Aramex will be able to anticipate the expanding logistics needs, and continue to simplify, innovate, and grow. We are proud to be a key innovation partner in Aramex's digital transformation journey to deliver best practices in logistics and fuel their next generation of growth."
Aramex will deploy a variety of back-end technology solutions, led by enterprise resource planning, and finance and accounting, to enhance its operations. Big Data analytics, powered by the SAP S/4 HANA real-time analytics platform, will provide the "engine" that powers its expansion.
In the coming months, Aramex is set to deploy solutions that optimize the management of their warehouse and transportation operations.
About SAP
As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device - SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 258,000 customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com
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About Aramex:
Aramex (DFM: ARMX) is a leading provider of comprehensive logistics and transportation solutions. Established in 1982 as an express operator, the company rapidly evolved into a global brand recognized for its customized services and innovative multi-product offering. Traded on the NASDAQ from 1997 to 2002, Aramex today is a publicly traded company on the Dubai Financial Market, employing more than 13,900 people in 354 locations across 60 countries and leads a strong alliance network providing global presence, and bringing together 40 independent express companies from around the world. The range of services offered by Aramex includes integrated logistics solutions, international and domestic express delivery, freight forwarding, secure records and information management solutions, and e-services, including e-business solutions and Shop and Ship.
For more information, please visit us at www.aramex.com.
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Media contacts
SAP
Husain Al Tamimi, SAP +971 56 6811641, husain.tamimi@sap.com
Claire McPeak, SAP, +971 4 330 1777, c.mcpeak@sap.com
Steve Baron, Wallis Marketing Consultants, +971 4 390 1950, sap@wallis-mc.com
Aramex International LLC Weber Shandwick
Mohammad Al Qassem Grace Wittenberg
Senior Communications Manager Account Manager
Landline: +971 4 211 8466 Landline: +971 4 445 4254
Mobile: +971 50 288 9601 Mobile: +971 50 921 7126
Email: mohammad.alqassem@aramex.com Email: GWittenberg@webershandwick.com
© Press Release 2015
