DP WORLD TO INCORPORATE ORACLE CLOUD PLATFORM FOR TRADE
DP World is keen to drive digital transformation across its business operations worldwide using Oracle Cloud Applications (Saas).
DP World group chairman and CEO, Sultan Ahmed Bin Sulayem, and Oracle Business Applications senior vice president Eastern and Central Europe, Middle East and Africa (ECEMEA), Arun Khehar, signed an agreement to develop a modern and integrated technology platform. The digital transformation programme supports the company’s strategy to develop complementary sectors in the global supply chain such as industrial parks, free zones, and logistics, to add value for all its stakeholders and the move supports its vision to become a digitised global trade enabler – employing cloud applications that can increase efficiency, create new services, and support diversification.
Oracle’s cloud applications will enable the standardisation of key core processes including finance, operations, procurement, and human resources. As part of this new platform, it will also incorporate technologies in artificial intelligence, machine learning, Internet of Things (IOT) and block chain, to deliver smarter operations and create intelligent logistics to benefit customers.
(L) Arun Khehar, Oracle Business Applications, and (R) DP World’s Sultan Ahmed Bin Sulayem