JOHOR BAHRU, Malaysia — Johor Corporation (JCorp), the principal development institution and a leading economic enabler for the State of Johor is collaborating with SAP to fuel its ambition to be a sustainable digital business and accelerate its purpose of Membina & Membela. With a digital-first strategy and adoption of RISE with SAP and SAP Analytics Cloud, JCorp is set to become a value driven organisation (VDO) in the digital economy.
Under this collaboration, SAP will manage JCorp’s business transformation process including service-level agreements, business operations, and developing a real-time system based on the SAP S/4HANA Cloud platform, a complete enterprise resource planning (ERP) system with built-in intelligent technologies, including artificial intelligence (AI), machine learning, and advanced analytics. Some of the key benefits include substantial costs savings, improved productivity and increased efficiency with automation and streamlining of processes, and a simplified user experience through integrated systems.
YBhg Datuk Syed Mohamed Syed Ibrahim, President and Chief Executive of JCorp said, “JCorp is committed to sustainable wealth creation while also making an impact towards building and empowering the future generation. We view technology and digitalisation as an enabler that sets the foundation for our JCorp 3.0 Reinvention strategy, while developing new business models and revenue streams in the cloud.
With RISE with SAP, we can empower our employees to operate with increased visibility, focus and agility. By integrating data and analytics, we are able to scale our ecosystem, increase revenue and accelerate growth while future-proofing our business strategy which includes diversification of new verticals, embracing disruptive technologies while also nurturing a controlled ecosystem based on data, analytics, IoT (internet-of-things) and partnerships.”
As part of our journey towards a value-driven organisation, JCorp is continuously looking at improving our ways of working. RISE with SAP further enhances the digitalisation of the Finance functions using Analytics and AI in its analysis and reporting of planning, budgeting and forecasting. Ultimately, we can make quick, informed and accurate decisions, initiate strategic changes if required as well as better allocate our resources within JCorp’s lean organisation.” added Ahmad Yusri Mohamed, Chief Digital Officer, JCorp, on the back of an event to commemorate JCorp’s collaboration with SAP Malaysia.
“For any company to operate at speed and scale in today’s dynamic market, digital capability enabled by the cloud is a must-have. JCorp as a visionary group with strong leadership and management teams understood the importance of working with a trusted technology partner to accelerate their digital transformation journey to be a sustainable, intelligent enterprise focused on their mission and purpose,” said Cynthia Quah, Interim Managing Director, SAP Malaysia.
In the future, JCorp hopes to extend its partnership with SAP by building on its Environmental, Social and Governance (ESG) agenda which has been embedded in all their investment processes and decision-making across the Group.
“Through this collaboration, JCorp will apply the power of SAP technologies to create new opportunities for the future generations of Malaysians, business resilience and truly redefine Malaysia’s green economy. This is very much in line with SAP’s aspiration to create positive economic, environmental, and social impact by harnessing technology to drive sustainability at scale,” concluded Quah.
About Johor Corporation
Johor Corporation (JCorp) is Johor’s principal development institution and a leading economic enabler for the State. With operations spanning multiple countries including Malaysia, Singapore, Indonesia, Brunei, Australia, Thailand, Cambodia and Bangladesh. JCorp’s flagship companies, Kulim (Malaysia) Berhad, KPJ Healthcare Berhad, QSR Brands (M) Holdings Bhd and Johor Land Berhad spearhead the Group’s interests across four core sectors, namely Agribusiness, Wellness & Healthcare, Food & Restaurant and Real Estate & Infrastructure. Since its incorporation in 1968, JCorp has been clear on its purpose of creation which is Membina & Membela (Wealth Creation & Wealth Distribution). JCorp is a strong proponent of Environmental, Social and Governance (ESG) given its mandate to future-proof its businesses. For more information, please visit jcorp.com.my.
SAP’s strategy is to help every business run as an intelligent, sustainable enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: SAP customers generate 87% of total global commerce. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want – without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people’s lives. For more information, visit www.sap.com.