You would like to read
- Sheenlac Speciality Coatings signs A R Rahman as its brand ambassador
- LTI Syncordis recognized as Temenos Service Partner of the Year
- Skechers launches Street Ready Collection with Siddhant Chaturvedi
- Chandigarh University and DST hosts Dr. A.P.J. Abdul Kalam International Innovation Conclave
- Coforge Certified as Great Place to Work from May 2021 to May 2022
Mumbai (Maharashtra) [India], November 24 (ANI/PRNewswire): (https://www.lntinfotech.com) Larsen & Toubro Infotech (BSE: 540005) (NSE: (https://www.lntinfotech.com/investors) LTI, a global technology consulting and digital solutions company has partnered with Qatar-based global conglomerate, Power International Holding (PIH) Group of Companies to enable large scale Digital Transformation leveraging an extensive array of SAP® solutions for an intelligent enterprise.
The solution framework implementation further strengthens and accelerates PIH's vision to attain a digital-first, data-driven business approach.
As part of PIH's Digital Transformation journey with LTI, 63 companies of the group spread across four business domains underwent transformation of more than 250 processes. This digital transformation leverages SAP S/4HANA®, SAP SuccessFactors® solutions, and SAP's industry cloud solutions and extensions built on SAP Business Technology Platform (SAP BTP) leveraging several IP-based solutions from LTI designed for engineering & construction industry.
It includes planning synchronizer, project pay chain, resource deployment tool, project management cockpit for performance forecasting, engineering cashflow and supplier portal. This initiative has enabled PIH Group of companies to have a smooth flow of data to enable more accurate and timely decision making across varied business landscape and has also enabled them to have business playbooks for new acquisitions, mergers or de-mergers.
Sudhir Chaturvedi, President & Executive Board Member, LTI, said: "The digital acceleration caused by the pandemic has brought the benefits of embracing disruptive technologies to the fore. Digitizing the core can enhance process efficiency, customer satisfaction and reduce costs that together help in achieving business excellence. LTI's rich heritage of experience in the Engineering & Construction industry and our robust partnership with SAP as a global strategic service partner makes us the ideal partner of PIH for this ambitious engagement."
Jasim Abdul Rahman, Group Chief Information Officer, PIH, said: "At PIH, we have resolved to evolve, diversify and grow by adopting a digital-first approach. Toward this objective, we wanted a solution that not only encapsulates existing businesses under a single digital framework but also provides the flexibility to equip our foray into newer industries in future. LTI's proven expertise in enabling disruptive digital transformation systems is globally acclaimed and together with SAP, our partnership has enabled PIH's transformative journey."
Alaa Jaber, Managing Director for SAP Qatar and Fast Growth Markets commented: "The current times emphasize the importance of agility, flexibility and scalability for Qatar's businesses to continue marching towards growth. PIH's digital transformation with LTI stands out as an ideal testimony to showcase a proactive approach in embracing technology to help large businesses scale up with pace."
PIH is a Qatar-based conglomerate with 60,000+ employees operating out of several countries across six sectors - General Contracting (UCC Holding), Real Estate Development, Industry and Services, General Services, Agriculture & Food industries (Baladna) and Hospitality and Entertainment.
This story is provided by PRNewswire. ANI will not be responsible in any way for the content of this article. (ANI/PRNewswire)
DISCLAIMER
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
