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ΒιΆΉΤ­΄΄ Southeast Asia News Center

ΒιΆΉΤ­΄΄ Announces Q1 2023 Results: Asia Pacific and Japan View

Businesses across Asia Pacific and Japan (APJ) continue to choose ΒιΆΉΤ­΄΄ to support their cloud journeys.

WALLDORF β€” ΒιΆΉΤ­΄΄ announced its global Q1 2023 results on April 21, noting continued growth and strength in S/4HANA cloud revenue and cloud backlog. In APJ, ΒιΆΉΤ­΄΄ reported ongoing cloud momentum, particularly in public cloud, announcing a range of new wins and go-lives that support core customer business transformations and ensure they’re set up for continued future growth.

In APJ, ΒιΆΉΤ­΄΄ grew cloud revenue to 414m Euros in Q1 2023, an increase of 23% over the same period in 2022, while total revenue grew to 1.063B Euros. Globally, ΒιΆΉΤ­΄΄β€™s cloud revenue was up 24%, with S/4HANA cloud revenue up 77%.

ΒιΆΉΤ­΄΄β€™s cloud strategy continues to resonate with customers across the region. World-renowned brands like Shinsegae International and NEC Networks & System Integration Corporation chose to empower their transformation in the cloud with ΒιΆΉΤ­΄΄ S/4HANA public cloud edition, benefiting from comprehensive, flexible, and innovative cloud-based transformation.

Meanwhile, businesses across APJ have benefited from ΒιΆΉΤ­΄΄ Cloud Success Services to realise outcomes through value-driven collaboration. ΒιΆΉΤ­΄΄ Cloud Success Services saw new customer implementations including leading global technology company HCLTech, chemical company Indorama Ventures, one of Australia’s biggest banks Commonwealth Bank of Australia, and one of the world’s leading market expansion companies, DKSH Holdings.

President of ΒιΆΉΤ­΄΄ APJ, Paul Marriott, said β€œBusinesses across Asia continue to transform and digitize through a cloud-first strategy, with momentum across large enterprises and SMEs. By bringing together the flexibility and scale of public cloud and our global business networks, customers are innovating faster than ever before to become intelligent and sustainable businesses.”

New APJ customer wins and go-lives

Commonwealth Bank of Australia (CBA) is one of ΒιΆΉΤ­΄΄β€™s largest global banking customers. CBA is focused on becoming a simpler and better bank for its customers worldwide. ΒιΆΉΤ­΄΄ Cloud Success Services and CBA’s Enterprise Services team are working hand in hand to drive digital transformation and provide the business with innovative solutions. The teams aim to further simplify and consolidate CBA’s system landscape, as well as leverage the ΒιΆΉΤ­΄΄ Platform to enable more digital innovation and improve customer’s experience as the number one Digital Bank in Australia. With the help of ΒιΆΉΤ­΄΄ Cloud Success Services, CBA successfully implemented CommRem (ΒιΆΉΤ­΄΄ Commissions) to Production to speed up commissions processing time from days to hours, as well as enable CBA business to implement changes to their commission plans quickly.

HCLTech is a leading global technology company, home to more than 222,000 people across 60 countries, delivering industry-leading capabilities centered around digital, engineering and cloud, powered by a broad portfolio of technology services and products. A key driver of HCLTech’s success is to be an employer of choice, making good on its employee value proposition: β€œFind Your Spark.” The company’s brand position – to supercharge progress – is relevant for both clients and its people, and in turn, the organization is embarking on a journey to better engage, recruit and retain the best talent, implement a skills-driven economy and provide a world-class employee experience. To help support its HR transformation journey, HCLTech has chosen various ΒιΆΉΤ­΄΄ solutions, including ΒιΆΉΤ­΄΄ SuccessFactors, ΒιΆΉΤ­΄΄ Business Technology Platform, ΒιΆΉΤ­΄΄ Qualtrics, and ΒιΆΉΤ­΄΄ Preferred Success Services. Founded on trust, domain knowledge and a shared vision, the project lays the groundwork for a next-generation intelligent and responsive HR platform to serve HCLTech’s broad global employee base.

±υ²Τ»ε΄Η°ω²Ή³Ύ²ΉΜύ³Υ±π²Τ³Ω³ά°ω±π²υ (IVL) is a global chemical company headquartered in Thailand focused on developing world-class sustainable chemical products from 147 manufacturing facilities in 35 countries around the world. With support from ΒιΆΉΤ­΄΄ Cloud Success ServicesΒ and Accenture, IVL embarked on a four-year digital transformation project in 2020 to implement ΒιΆΉΤ­΄΄ S/4HANA, ΒιΆΉΤ­΄΄ SuccessFactors, and ΒιΆΉΤ­΄΄ BW/4HANA across more than 100 IVL entities globally. In this extensive greenfield implementation project, IVL relied on ΒιΆΉΤ­΄΄ MaxAttention Services expertise for design evaluation, technical services for gap, integration, and architecture validation, implementation support, and support during and after go-live. In Q1 this year, IVL extended its ΒιΆΉΤ­΄΄ MaxAttention contract for additional 3 years to cover safeguarding and implementation support for all remaining releases of ΒιΆΉΤ­΄΄ S/4HANA project, including the expert guidance and advisory services to upgrade its ΒιΆΉΤ­΄΄ S/4HANA implementation and to set up its Centre of Excellence.

JFE Steel has successfully migrated its accounting and investment management system to ΒιΆΉΤ­΄΄ S/4HANA Cloud with the support of ΒιΆΉΤ­΄΄ Cloud Success Services. As part of its mid-term business plan the company is focused on strengthening its manufacturing infrastructure through digitalization, including the creation of an open platform for flexible, change-tolerant IT. Following a six-month migration period, the company has achieved stable system operation on ΒιΆΉΤ­΄΄ S/4HANA Cloud. In the future, JFE Steel plans to expand the use of ΒιΆΉΤ­΄΄ S/4HANA Cloud to other business areas and enhance its cloud capabilities through the use of ΒιΆΉΤ­΄΄ Ariba and ΒιΆΉΤ­΄΄ Business Technology Platform to drive business innovation.

NEC Networks & System Integration Corporation aims to expand their service business focused on the network, resulting in improved corporate value through DX, creating business value through product utilization, and achieving rapid and transparent group collaboration accounting. NEC Networks & System Integration Corporation has adopted ΒιΆΉΤ­΄΄ S/4HANA Cloud, public edition – a ready-to-run cloud ERP that delivers industry best practices and continuous innovation;Β ΒιΆΉΤ­΄΄ Business Technology – an innovation platform optimized for ΒιΆΉΤ­΄΄ applications in the cloud;, ΒιΆΉΤ­΄΄ Analytics Cloud, ΒιΆΉΤ­΄΄ Ariba, and ΒιΆΉΤ­΄΄ Fieldglass to accomplish this goal.

L&T Construction & Mining Machinery (CMB) has been empowering the Indian engineering sector for more than 75 years as one of the oldest businesses in the Larsen & Toubro Group. Supporting the company’s commitment to customer experience across its range of Komatsu smart machinery, L&T CMB went live with ΒιΆΉΤ­΄΄ Field Service Management in Q1. ΒιΆΉΤ­΄΄ Field Service Management empowered L&T CMB to automate and optimise service delivery and quality through real-time scheduling, dispatching, tracking, and reporting. The solution ensured streamlined and optimised data flows through integration with ΒιΆΉΤ­΄΄ S/4HANA, ΒιΆΉΤ­΄΄ Sales Cloud, and L&T CMB’s telematics and dealer management systems. The ΒιΆΉΤ­΄΄ Cloud Success Services team played a vital role in ensuring smooth deployment, scalable architecture, and mitigation of risks and issues in this project.

One of the world’s leading lifestyle and culture companies, Shinsegae International is known for its range of department stores across South Korea stocking international and proprietary fashion, beauty, and living brands. Located in Switzerland, Swiss Perfection is one of the Shinsegae’s luxury cosmetic brands. Supported by ΒιΆΉΤ­΄΄ Cloud Success Services, Swiss Perfection went live with ΒιΆΉΤ­΄΄ S/4HANA Public Cloud successfully in a short period of eight months. Based on ΒιΆΉΤ­΄΄β€™s seamless end-to-end processes and best practices, the company aims to achieve business efficiency, improved transparency, and data reliability. In the future, Shinsegae International plans to expand the use of ΒιΆΉΤ­΄΄ S/4HANA Cloud to other business areas such as Warehouse Management and ΒιΆΉΤ­΄΄ SuccessFactors to enhance its cloud capabilities and drive innovation.

Wipro Limited is a multinational corporation providing information technology, consulting, and business process services to 1,400 customers around the globe. Focused on building innovative solutions to address customers’ digital transformation needs, the company’s 250,000 employees are located in 66 countries and drive annual revenue of more than USD$10 billion. A long-time partner of ΒιΆΉΤ­΄΄, Wipro went live with ΒιΆΉΤ­΄΄ Concur Travel in Q1 to transform its employees’ experience of travel booking, as well as automating its in-house travel agency’s mid-office operations. The go-live is the first step in Wipro’s multi-quarter digital transformation plan to improve end-to-end employee experience of corporate travel. ΒιΆΉΤ­΄΄ Cloud Success Services and other ΒιΆΉΤ­΄΄ teams worked closely with the customer to provide seamless end-to-end delivery of the program, as well as support with adoption of the new platform.

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