Pakistan Telecommunication Company Limited (PTCL) today announced that it is adopting cloud computing technology for its HR operational processes.
In the first deal of its kind in the country, PTCL will employ a series of solutions from SAP company “Success Factors” to streamline vital HR processes aimed at boosting employee productivity.
The move is set to add additional momentum to the company’s ambitious and expansive business strategy, which recently helped deliver a 31 per cent increase in the first quarter as compared to the same period of last year.
“The telecommunications market in Pakistan is fiercely competitive, and only those with the vision and ability to adapt with latest technology specially with people’s capability management will stand out. PTCL HR & IT has decided to implement state of the art systems to boost up the capability development of employees and feels immense pleasure and pride to be the first company in Pakistan to introduce one of the best internationally recognized talent management solution “Success factor” in the company (whoever will be present in the conference)
“Cloud computing is all about simplicity, efficiency and return on investment, and we are proud set an industry-wide example with our adoption of this technology. The drive to innovate has been part of our DNA since day one, and SAP is the right company with the right solutions, at the right time to help us improve our performance.”
PTCL will adopt a series of Success Factors solutions encompassing the complete Talent Management Cycle including Employee Profile and Organization Chart, Visualization, Goals & Performance, Succession & Career Development, Compensation Planning, Learning Management and Recruiting. All solutions come with built-in reporting and dashboards for real-time, strategic performance insight.
“Cloud computing is here to stay, and it is having a huge impact on the way businesses like PTCL can run and plan for the future,” said Gergi Abboud, Managing Director of SAP in Gulf and Pakistan, speaking at the SAP Forum in Karachi.
“To stay ahead of the competition, companies must not only sense the present, but see the future and proactively shape it to their advantage. PTCL understands this as we have now entered an era where CIO takes major technology decisions in collaboration with other CXOs. Cloud is now all about driving business innovation and agility, enabling new processes and insights that were previously impossible”, added Abboud.
Globally, SAP is the fastest growing company at scale in the cloud, gaining market share and growing six times faster than its largest competitor. The company’s annual cloud run rate stood at €1.06 billion by close of Q4 2013, representing a 160% year-over-year subscription revenue growth.
SAP currently has more than 35 million cloud users. This includes the leading social business platform with over 12 million users, the world’s largest business network with more than 1.4 million connected companies transacting over $500 billion in commerce on an annual basis, and the largest business cloud implementations in the world, with more than 2 million users.
SAP’s cloud portfolio encompasses the market’s leading public cloud application portfolio (number one in Human Capital Management, procurement, business networks, and social business collaboration), as well as the most-trusted private cloud environment.