Pragma Group Streamlines Operations with SAP

December 14, 2008 by SAP News 0

SAP Solutions to Support Group’s Strategic Growth Plans

DUBAI, United Arab EmiratesSAP (NYSE: SAP) today announced that Pragma Group has selected SAP solutions to streamline its diverse business interests and manage the company’s fast-track growth.

Working with the group’s technology arm LS2, an end-to-end solutions provider and authorized partner of SAP, Pragma has begun implementing the SAP Business All-in-One solution, the Middle East baseline of the enterprise resource planning (ERP) solution that caters to small and medium sized enterprises (SMEs).

The three-phase project has begun with a dedicated team at LS2 integrating the company’s core corporate functions under a centralized SAP platform, followed by the consolidation of the CRM systems of all companies operating under the group’s umbrella.

Photo caption (from left to right): Ajith Nair, Vice-President Consulting & Services, LS2; Joe Tabet, Chairman of Pragma Group; Sergio Maccotta, Managing Director of SAP MENA.

Looking beyond the group’s immediate needs, Pragma believes that SAP solutions are best suited to meet its strategic goals as it launches into Venture Capital, which will require the sophistication of SAP’s solutions to handle comprehensive project management and evaluation.

“As Pragma enters an important period in the company’s development and expands into new verticals, SAP will provide us with a solid foundation to enhance our competitiveness and take us to the next level of growth,” said Mr. Joe Tabet, Chairman of Pragma Group.

Leveraging key functionalities of ‘All-in-One’, a highly-skilled team of SAP-certified consultants at LS2 are taking the base product and offering cost-effective, industry-specific support across each business based on best practices and processes provided by SAP.

“SAP’s experience and expertise working with diversified groups has allowed us to develop solutions that are highly scalable and flexible, providing each vertical with a platform from which to gain efficiency and grow the entire business more profitably,” said Mr. Sergio Maccotta, Managing Director of SAP MENA. “As Pragma Group prepares for fast-track growth, SAP is delighted to support them with the right tools for business excellence.”

Pragma Group International is a diversified lifestyle and management group, with focus on 4 verticals including Technology, Marketing & Media, Lifestyle, and Venture Capital.

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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 47,800 customers (excludes customers from the acquisition of Business Objects) 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.

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About LS2 Corporation
LS2 Corporation Limited is a leading provider of end-to-end IT solutions in the region. With operations in Dubai, Abu Dhabi and Muscat and an annual turnover of over AED170 million, LS2 Corporation is one of the fastest growing IT companies in the region. LS2 provides Consulting, Infrastructure, Distribution and System Integration services to clients. In short span of time, LS2 has executed projects for clients from across industries in the region.

For more on LS2 Corporation, please visit www.ls2corp.com

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