South African Standard Bank has partnered with Microsoft and SAP to fast-track its journey to a digital enterprise.
The South African bank will transition its core SAP Cloud Platform services to Microsoft Azure to roll out new solutions to market.
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The partnership follows the Project Embrace initiative between Microsoft and SAP announced last year.
Project Embrace is centred around the customer journey to SAP S/4HANA and SAP Cloud Platform on Microsoft Azure.
Standard Bank will leverage Microsoft’s computing know-how and SAP’s product innovation capability to create customised solutions for its clients.
This will enable the bank to deliver products and services faster, while also enhancing its IT infrastructure.
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By GlobalDataStandard Bank personal and business banking CIO Sabelo Nkwanyana said: “This partnership continues our focus on innovation by leveraging the respective skills of SAP and Microsoft to transform the digitisation and personalisation journey for our customers.”
“Through Project Embrace, we are now able to better identify our business pain points and effectively address them through technologies that deliver a demonstrable return on investment.”
Microsoft South Africa managing director Lillian Barnard said: “Microsoft is on with Standard Bank, to bring innovation into every aspect of the bank’s IT system and enable enriched interactions with the bank’s customers.”
Once Standard Bank moves its workload to cloud, it will have access to a suite of features that it can deploy and scale on demand.
SAP Africa managing director Cathy Smith said: “With client experience a key strategic pillar for Standard Bank, Project Embrace reflects the shared commitment of both SAP and Microsoft to accelerate our customers’ journey to the cloud.”
“This will empower the bank to create new business models and deliver more personalised outcomes in today’s dynamic business environment.
“By providing Standard Bank with consistent engagement and delivery models, SAP and Microsoft bring both industry-specific best practices and deep local insight to deliver a compelling value proposition for their clients.
