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The modern business can be a complicated beast. With multiple subsidiaries and connected operations, international offices, and a broad range of activities to manage, working efficiently is no small feat.
It requires a solid technology infrastructure that is flexible and scalable enough to support these activities, and that is agile enough for the business to adapt to change quickly and often.
Becoming a digital business begins with an examination of a company’s technology infrastructure, from the core of the organization to all the functions and departments connected by that infrastructure. For large organisations, this can mean going back in time and deconstructing their existing technology implementations before reforming them from the ground up in a root-and-branch reimagining.
Becoming a digital business begins with an examination of a company’s technology infrastructure.
Oracle recently worked with Abu Dhabi based KBBO Group (KBBO), a leading investment group with a diverse portfolio of interests spread around the world headed by the Chairman, Mr Khalifa Butti Bin Omeir, to implement a complete cloud-based ERP system in its organisation. This marked the first part of a wider technology streamlining operation taking place across KBBO’s offices and multiple subsidiaries in UAE and around the world. Cloud-based ERP was the obvious choice for the company, given the advantages it provides in terms of cost savings, data security, and disaster recovery. KBBO decided not to proceed with on-premises or hybrid alternatives as they saw cloud-based ERP as the way forward.
The flexible, agile, and scalable nature of the cloud was also highly attractive to KBBO, and the company has seen all these advantages come to fruition since its implementation of financials, payroll, and procurement applications across its 12 legal entities in just five months. The business has reduced its IT staff workload by 40 percent and handed over all responsibility for data security and disaster recovery to Oracle. To add to this, automatic, quick and efficient software updates keep KBBO’s system up to date. KBBO has already completed 2 upgrades since going live and the 3rd upgrade is currently in progress
The business has reduced its IT staff workload by 40 percent and handed over all responsibility for data security and disaster recovery to Oracle.
KBBO Group knew that becoming a more digital organisation would allow it to make processes more efficient, and therefore help keep KBBO itself become more agile. The move to cloud-based ERP has enabled KBBO to standardise operations across every business in the group, gain transparency into these processes, and improve its financial visibility. Crucially, the scalability of the cloud allows KBBO can extend its ERP system to new subsidiaries as they come on stream.
This is vital. As large enterprises grow and flex over time, both through M&A and other routes to expansion, the task of streamlining their approach to technology can get lost in the everyday business of, well, doing business. Cloud-based systems grow and scale with the business, which means IT teams can dedicate more time to activities that drive further success and growth. And that, really, is what defines a digital business.
Read the full KBBO story here.