Organisations operating in the highly-competitive West African market are leveraging technology-led innovation to unlock significant efficiency gains and scale into new markets and capabilities.
This was the key takeaway at SAP Innovation Day Nigeria, held in Lagos today.
According to Titilayo Adewumi, Regional Sales Director for West Africa at SAP, organisations are increasingly engaging in digital transformation initiatives to unlock competitive advantages. “West African organisations are leveraging powerful new technologies and best practices to bring greater stability and predictability to their business models. In light of the growing importance of cloud and AI solutions, organisations across the region are also seeking to future-proof their processes and drive innovation at speed and at scale.”
SAP Innovation Day is a series of global events held in multiple countries around the world. A South African event concluded in May this year. The Nigeria event featured key SAP partners and customers, who shared their journeys and insights into successful technology-led innovation efforts.
James Fabola Jr, Chief Information Officer at renewable energy leader Arnergy, notes the important role that innovation has played in enabling his company to scale its solutions to a growing customer base. “With our new SAP system and the ongoing support of our implementation partners, our business can confidently look at a new phase of growth and scalability that could see us play a central role in West Africa’s transition to cleaner, more reliable energy.”
Arnergy recently chose GROW with SAP for Scaleups S/4HANA Cloud to bolster its technological capabilities and introduce greater efficiency and accuracy to core business processes. The company was supported by SAP and regional implementation partner ACED Consulting.
Abiola Folawewo, Managing Partner at ACED Consulting, says companies are hungry for the efficiency gains enabled by digital transformation. “Companies are in a race to streamline their operations and improve decision-making with accurate, real-time data insights. By working with experienced vendors and partners, organisations in the region can fast-track their innovation efforts and unlock significant business benefits.”
Dumisani Moyo, Marketing Director at SAP Africa, adds that the modern business landscape is marked by volatility and uncertainty, raising the stakes for digital transformation and innovation initiatives.
“Widespread unpredictability is putting immense pressure on supply chains, revenue streams and profit models, especially in Africa. The critical question for business leaders in the region is how they can lead their organisations to a competitive edge despite the economic headwinds. Today’s event aims to empower businesses of all sizes with insights into how technology can help them stay competitive, drive sustainable growth, innovate at speed with AI, optimize processes, and gain valuable data insights.”
Adewumi adds: “West African organisations have access to a vibrant ecosystem of experts, implementation partners and best-of-breed technologies to support their innovation efforts. We look forward to working with business leaders in the region to unlock the significant business benefits of digital transformation and establish a solid foundation for their future growth, likely to be powered by cloud and AI technologies.”