© 2016 Jazam R / Davega For ten solid years, between 2003 and 2013, global oil prices boomed, and the economies of the Middle East, especially those of the Arabian peninsula, grew at an incredible rate. The GDP of Saudi Arabia doubled. Governments in the region took the influx of funds from crude oil exports and invested heavily in education, healthcare, and infrastructure, building a strong foundation for future economic development.
As a result of this boom, business activity in the region has never been higher. Now as exporting nations are facing some of the lowest oil prices in history, productivity improvements rely heavily on the diversification of the economy, and sectors such as petrochemicals, finance, metals and mining, hospitality, tourism, and transportation are carrying the load. The economy of the United Arab Emirates, which at one time had an economy that was over 90% dependent on oil exports, grew at a rate over over 3% in 2015 despite the drastic fall in oil prices.
Due to this diversification and growth, the sheer number of businesses in the region is exploding as well, and the average size of these companies is also increasing. This has created a unique market opportunity in the region.
As a business grows, the complexity of managing it increases exponentially. When a company is still small, it doesn’t really matter that accounting uses a different suite of software than management, or that orders are taken on a system that doesn’t directly integrate with the one that tracks inventory. But as the size of the books, the number of employees, and the numbers and complexity of orders increases, the piecemeal approach to software starts to become more cumbersome than convenient.
Usually, it is at this turning point that companies begin to adopt a class of business management software known as ERP, or enterprise resource planning, which is usually a suite of applications that aim to integrate all of a company’s business processes and data. By far, the biggest name in ERP is SAP, a German developer that has been in the industry since 1972. Truly a global standard, SAP is a tool that businesses and organizations in countries from all over the world are using to sustain quality through the complications that can arise with growth.
© 2016 Jazam R / Davega Now, with the opportunities in the Middle East, SAP has been increasing its focus on the region. TYCONZ, a leading SAP-certified consultancy firm, has taken the lead in bringing the incredible tools that SAP has to offer to the MENA region.
TYCONZ has offices in Doha, Qatar; Abu Dhabi; Beirut, Lebanon; Riyadh, Saudi Arabia; and in Chania, on the Greek island of Crete. This geographic area is an important one for SAP, as the diversifying and growing economy makes natural clients for its software more and more abundant in the area surrounding the Mediterranean and the the Arabian peninsula. TYCONZ not only markets, sells, and distributes to customers in this area, but it helps them implement the SAP system as well.
When adopting an integrated suite of software like SAP, it requires an enormous amount of planning and expertise. SAP is a highly customizable platform that utilizes different modules depending on the activities of the business at hand. This is why working with experts in the system, like the ones at TYCONZ, is so essential. After helping a company integrate the system, TYCONZ support staff help the company to upkeep and update the system as new improvements are released and as the needs of the business changes.
TYCONZ, already having a great record with clients, is poised to grow along with the economies of its territory, and it has won multiple awards from SAP and its Customers. These include "Best SAP Partner in MENA for 2014" and "SAP EMEA Partner Excellence Award" for 2015. Moreover, TYCONZ has gained the highest levels of Sap Quality Certification by achieving three "SAP Recognized Expertise Certificates" as well as "SAP Partner Center of Expertise Certificate." Its impeccable service and the excellence of its staff, combined with the incredible opportunities it has, means that TYCONZ should be one of the top SAP partners in the world for years to come.
ABOUT BID AND THE CENTURY INTERNATIONAL QUALITY ERA AWARD:
BID is a private and independent organization founded in 1984, whose primary activity is business communication orientated towards quality, excellence and innovation in management. A leader in the broadcasting of Quality Culture, BID recognizes those companies and organizations which lead the most important activities in the business world, and is considered the founding organization in the broadcasting of the Culture of Quality, Excellence and Innovation in 179 countries. The trophy symbolizes a pledge to the principles of Quality Culture. The QC100 Total Quality Management Model, together with the Quality Mix program, media coverage of the convention and its impact on the community and business sector, create an unmatched platform for continuous improvement within the organization and awareness of the achievements of the company at an international level. Awards are given only to those who are committed to improving their Quality Culture based on the principles of the QC100 Total Quality Management Model. Candidates are proposed by the leaders of previously awarded companies who they consider worthy of the award. Especially meritorious candidates may also be nominated. The International BID Quality Award Selection Committee then chooses the winning companies who will receive the award in New York, Paris, Geneva, Frankfurt, Madrid and London.