Growth of the Kingdom's Knowledge Economy Crucial to Country's Economic Development, SAP Tells Industry Leaders in Al Khobar;
Students Gain Competitive Edge Through Sought After IT Skills
AL KHOBAR, Kingdom of Saudi Arabia -- 1 June 2010: It was today announced at the SAP World Tour in Al Khobar that the Dammam College of Technology is to join the SAP University Alliance program, providing students at the college with the skills to be prepared for the Kingdom's growing modernization and economic diversification, creating opportunities for IT services in a range of key industries
The college is the fourth educational institute in Saudi Arabia to become a member of the SAP University Alliance program joining Jubail Industrial College, Yanbu Industrial College and King Fahd University for Petroleum and Minerals.
"The growth of the knowledge economy in Saudi Arabia is crucial to the country's economic diversification and modernization. Through the sought-after IT skills developed with the SAP University Alliance program, students from Dammam College will have the tools needed to support the rapidly developing technology sector in the Kingdom," said Abdul-Raheem Bawazeer, managing director, SAP KSA.
The SAP University Alliance program is a global endeavor that provides university faculty members with the tools and resources necessary to teach students how technology can enable integrated business processes and strategic thinking - and gives students the skills to add immediate value to the marketplace.
Members of the SAP University Alliance Program are given exclusive access to SAP's business solutions to use in the classroom, enabling students to put theory to practice through demonstrations, problem-solving, case studies, and research programs. Upon graduation, students will have a clear understanding of how technology can facilitate integrated business processes and strategic thinking, and graduates from the program will improve their opportunities to secure senior posts in the IT job market.
"SAP's University Alliance program will be a tremendous benefit to students of Dammam College of Technology. Expert IT professionals are needed to help support the growth of our country's economy and the University Alliance program will enable future generations to develop the skills necessary to become business informatics experts. Testament from Saudi Aramco's alignment and support of a consultant leading a Dammam College committee to improve training and education; the Kingdom's continued economic growth is dependent on such programs which develop future generations of Saudis into highly-skilled knowledge workers," commented Dr. Fahad Al-Amri, Dean of the Dammam College of Technology.
SAP University Alliances member schools gain access to the SAP Business Suite family of solutions, including SAP ERP. This comprehensive business software suite supports business, engineering, and information technology programs, enabling students to put classroom theory into practice through demonstrations, exercises and problem-solving, case studies, and research programs.
Through hands-on experience with SAP solutions, program members gain insight into how technology can empower a business to optimize key processes such as accounting and controlling, human capital management, project planning, plant and materials management, and sales and distribution.
SAP Executives were in Al Khobar to meet with leading Saudi companies as part of the SAP World Tour, continuing momentum from the recent events held in Riyadh and Jeddah, and showing the strategic importance SAP places on the Kingdom as a hub for regional business.
The SAP World Tour provides attendees with the opportunity to learn more about how SAP can facilitate company goals by industry and business area, and how an increasing number of organizations are benchmarking against their peers and re-thinking IT investments in terms of high-impact value creation. The SAP World Tour also provides an exclusive opportunity for attendees to share best practices and ideas with other top-level executives, SAP customers and partners, and receive exclusive previews of future SAP applications. For further information, please click here.
-Ends-
About SAP
SAP is the world's leading provider of business software(*), offering applications and services that enable companies of all sizes and in more than 25 industries to become best-run businesses. With more than 89,000 customers in over 120 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE, under the symbol "SAP." For more information, visit www.sap.com.
(*) SAP defines business software as comprising enterprise resource planning and related applications.
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
Copyright © 2009 SAP AG. All rights reserved.
SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serve informational purposes only. National product specifications may vary.
For more information, press only:
Claire McPeak,
+971 4 330 1777,
c.mcpeak@sap.com
Caroline Holmberg,
Wallis Marketing Consultants,
+971 4390 1950
sap@wallis-mc.com
© Press Release 2010