HONG KONG, Feb. 11, 2020 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced that it is supporting Chun Wo Construction Holdings Limited ("Chun Wo") to power up its digital transformation with SAP Analytics Cloud, an industry-leading business intelligence solution that will enable Chun Wo to make business decisions confidently and effectively.
A subsidiary of Asia Allied Infrastructure, Hong Kong-based Chun Wo has been a leader in large-scale infrastructure construction for half a century. The firm specializes in mega-size integrated construction projects in Hong Kong and Southeast Asia. Its recent Hong Kong projects include the Central-Wanchai Bypass, Liantang/Heung Yuen Wai Boundary Infrastructure, the Hong Kong-Zhuhai-Macao Bridge Passenger Clearance Building, the Guangzhou-Shenzhen-Hong Kong Express Rail Link (Hong Kong Section) and the MTR Shatin to Central Link.
To help it manage such complex projects, Chun Wo relies on technologies such as SAP ERP, SAP's on-premise enterprise resource planning (ERP) system, which it deployed in 2007. It also has a range of stand-alone reporting spreadsheets and planning tools that provide a myriad of valuable data points.
With the support of SAP, Chun Wo has now moved to SAP Analytics Cloud to upgrade its data management, financial reporting and business intelligence (BI) capabilities and generate high-value business insights from its legacy tools. This creates a hybrid solution that combines high-speed, cloud-based innovation with trusted, on-premise capabilities to deliver deeper and more useable analytics insights to decision-makers across its organization.
Delivered over the cloud, SAP Analytics Cloud integrates Chun Wo's legacy tools into a comprehensive easy-to-decipher dashboard that provides an overview of its operational realities. This overview enables the Chun Wo management team to intuitively monitor, analyze and predict project data. SAP Analytics Cloud's predictive tools also help to deliver instant insights to enrich and accelerate decision-making.
Fabian Padilla Crisol, Managing Director, SAP Hong Kong, said, "With SAP Analytics Cloud, Chun Wo continues its digital transformation in generating more value from its existing business intelligence and planning workflows. Chun Wo users are now empowered to extract insights from corporate data with intelligent technologies. This extends and expands Chun Wo's digital investments and puts the company in a position to reach well-informed, non-biased business decisions faster in a complete, contextual, and confident approach."
"Chun Wo has laid a solid business foundation over the past 50 years, with a constant commitment to seeking breakthroughs and innovation that help us develop and maintain our competitiveness," said Sr. Stephen Lee Ka Lun, Chief Executive Officer, Chun Wo Construction. "We are delighted to work with SAP to now transform our business intelligence and ERP capabilities with SAP cloud technology and advanced artificial intelligence (AI). By making it easier for our teams to rapidly make confident data-backed decisions, Chun Wo is once again helping to lead the construction industry into a new era."
About SAP
As the Experience Company powered by the Intelligent Enterprise, SAP is the market leader in enterprise application software, helping companies of all sizes and in all industries run at their best: 77% of the world's transaction revenue touches an SAP® system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers' businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want – without disruption. Our end-to-end suite of applications and services enables more than 440,000 business and public customers to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people's lives. For more information, visit www.sap.com.
About Chun Wo Construction Holdings Limited ("Chun Wo")
Chun Wo was founded in 1968 and is a key subsidiary of Asia Allied Infrastructure Holdings Limited (stock code: 00711.HK). The Company is principally engaged in the core construction businesses with the professional capability to undertake large integrated construction projects. Recent examples of large infrastructure projects in Hong Kong within which the Company has undertaken works include the Central-Wan Chai Bypass, Liantang/Heung Yuen Wai Boundary Infrastructure, the Hong Kong-Zhuhai-Macao Bridge Passenger Clearance Building, the Guangzhou-Shenzhen-Hong Kong Express Rail Link (Hong Kong Section) and the MTR Shatin to Central Link. With deep roots in Hong Kong for nearly 50 years, Chun Wo has accumulated extensive experience and a strong position in the construction sector enabling it to expand business to countries along the "Belt & Road" route in Southeast Asia. Examples of such expansion are the acquisition of a construction and engineering consultancy in Singapore and the waterway bridge design and construction projects undertaken in the Philippines during recent years.
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
© 2020 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.
Please consider our privacy policy. If you received this press release in your e-mail and you wish to unsubscribe to our mailing list please contact press@sap.com and write Unsubscribe in the subject line.
