Digital transformation contributes




Digital transformation contributes to the strengthening of the Middle East economy
Jaguar Middle East, the world leader in strategic procurement, has indicated that the digital transformation process will make a quantum leap in business operations.

Companies across the Middle East are now able to capitalize on the vast potential of the next generation of high-speed, high-speed digital technologies and analytics, helping to increase customer experience and increase profitability.

Unprecedentedly, digital transformation allows the procurement sector to play an active role in improving the level of business and its associated supply chains, while at the same time achieving significant cost savings.

Digital transformation also helps reduce strategic procurement costs, reduce the cycle time by 30 percent, and reduce errors when collecting data, resulting in significant cost savings. The proliferation of digital transformation initiatives in the region is also contributing to increased levels of spending on Internet technologies, allowing for stronger analytics to be integrated into corporate and enterprise supply chains.

According to a study by IDC , companies in the region will increase their investments in Internet technologies, which are expected to grow by 15 percent year on year in 2018 to reach US $ 6.99 billion in the same year, US $ 12.62 billion by 2021.

Dan Quinn, Senior Vice President, Jaguar Middle East, said: “The Middle East is undergoing a tremendous digital transformation, and companies can use this transformation to streamline their purchasing processes and increase their efficiency.”

“Digital transformation has the potential to have a significant positive impact on profits and thus contributes to the growth of the economy. Forward-looking companies that invest in information technology strategically will be able to significantly enhance their aspirations and future goals, .



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