LAGOS, Nigeria — West African-based industrial conglomerate Dangote Group has extended its relationship with SAP, market leader in enterprise application software, by signing a deal to use SAP’s OpenText ECM (enterprise content management) and Invoice Management offerings on top of its existing SAP infrastructure.
Dangote Group was founded by Nigerian billionaire Aliko Dangote, and its interests include steel, cement, real estate and telecoms. The Group generated revenues of more than $2.6bn in 2011 and includes four companies that are listed on the Nigerian stock exchange. It operates in 14 African countries, and is on an aggressive expansion drive across the continent, with plans to double its cement output, thereby positioning Nigeria has the largest cement producer in the world.
Dangote’s relationship with SAP dates back to 2005. As part of Dangote’s drive to modernise all its systems and business processes to support expansion into new markets across the continent, and to lay the groundwork for a potential listing on the London Stock Exchange in 2017, in 2012 Dangote signed a three-year deal with SAP to use the SAP Business Suite to increase transparency and efficiency across the group. The new solutions are expected to accelerate Dangote’s move from manual-based systems to one that is more integrated, automated and transparent.
“Dangote is the first company in West Africa to use SAP’s OpenText ECM and Invoice Management solutions, highlighting its leadership amongst African companies who see the wisdom of leveraging IT effectively to further their business objectives, in this case with world-class records management and governance, said Prasanna Burri, MD of DANCOM. “Ours is the first company in Nigeria to have an agreement of this nature that spans across several other African countries including South Africa, Senegal and Ghana. Partnering and co-innovating with SAP is helping us drive further efficiencies in our operations and deliver best-in-class products for our customers.”
The OpenText Extended ECM and Invoice Management solutions provide easy access to all customer data and documents, which significantly increases the quality of data while promoting more productivity and business continuity, all resulting in internal cost-savings and efficiencies.
SAP Africa CEO, Pfungwa Serima, said the relationship with Dangote highlights the growing demand for enterprise management software in Africa as forward-looking companies leverage IT to modernise their business systems in preparation for expansion. He added that SAP’s HANA real-time analytics platform and cloud platform were also starting to gain traction across the continent as companies looked to take advantage of the boom in resources and the significant trends of urbanisation and consumerisation.
For more information, visit the SAP Newsroom.
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 251,000 customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.
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.
© 2013 SAP AG. All rights reserved.
SAP 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 other countries. Please see http://www.sap.com/corporate-en/legal/copyright/index.epx#trademark for additional trademark information and notices.
Note to editors:
To preview and download broadcast-standard stock footage and press photos digitally, please visit www.sap.com/photos. On this platform, you can find high resolution material for your media channels. To view video stories on diverse topics, visit www.sap-tv.com. From this site, you can embed videos into your own Web pages, share video via email links, and subscribe to RSS feeds from SAP TV.
Follow SAP on Twitter at @SAPAfrica and @sustainableSAP.
For customers interested in learning more about SAP products:
SAP Africa (within SA): 0800 981334
SAP Africa (outside SA): +27 11 235 6045
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1SAP (1-800-872-1727)
For more information, press only:
Antonia Stafford Ashton, SAP Africa, +27 (21) 528 1700. antonia.ashton@sap.com. CAT
Andrea Slater, FleishmanHillard, +27 (11) 548-2000, sap@fleishman.co.za
