Apollo Tyres collaborates with SAP Cloud as it aims for US$5 billion in revenues by FY26

Under Apollo Tyres’ digitalisation efforts, moving to SAP’s integrated and secure cloud platform will enable the company to secure the outer perimeter of its key systems, sweat its assets, innovate new products and services faster, and provide superior customer experiences.

Autocar Pro News Desk By Autocar Pro News Desk calendar 03 May 2023 Views icon3856 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp

Apollo Tyres is collaborating with global software and cloud solutions company SAP to move its digital core onto the cloud, while it aims to achieve a revenue goal of U$ 5 billion by FY26.

“Agility and business innovation are crucial to addressing changing market dynamics and consumer expectations." "It adds an extra dimensional layer to our efforts to reduce costs, improve processes, and nurture our top-line, bottom-line, as well as green-line growth,” said Hizmy Hassen, Chief Digital Officer, Apollo Tyres. “SAP on Cloud adopts a Business Transformation as a Service approach that aligns with our ambitious growth goals, further consolidating our leadership in the domestic market and achieving the revenue goal of $5 billion by the financial year 2026.”

Under Apollo Tyres’ digitalisation efforts, moving to SAP’s integrated and secure cloud platform will enable the company to secure the outer perimeter of its key systems, sweat its assets, innovate new products and services faster, and provide superior customer experiences, the company said in a statement.

“The Indian automotive industry today races towards a new world that is driven by changing consumer preferences and a pivot to a more sustainable world.” said, Manish Prasad, Vice President, Metal, Mining, Miscellaneous, & Automotive Industry, SAP India. “Extending support to our long-time customer Apollo Tyres is timely, as cloud migration becomes the foundational enabler of any business transformation." "We're confident that SAP’s industry centricity and process will support their cloud journey and drive the next phase of growth for Apollo Tyres.”

 

 

 

 

RELATED ARTICLES
GlobalFoundries collaborates with STMicroelectronics for semiconductor manufacturing facility in France

auther Autocar Pro News Desk calendar09 Jun 2023

The new facility will benefit from financial support from the State of France.

FAME subsidy: In third petition, CBITA talks about effectiveness of MHI EV policy and purpose of subsidies

auther Autocar Pro News Desk calendar09 Jun 2023

The body goes on to add that the fuel-based ICE scooter lobby has constantly complained about the price equivalence that...

Tata Motors Finance extends Rs 125 crore limit in partnership with CJ Darcl Logistics

auther Autocar Pro News Desk calendar09 Jun 2023

The operating lease facility will enable CJ Darcl Logistics to strengthen its fleet capacity, enabling it to deploy Tata...