Port Finance International Events - covering global port developments

Search site

Friday, 02 February 2018

DP World Jumps on the Digitization Bandwagon

Dubai-based terminal operator DP World has embarked on a programme to drive digital transformation across its business operations worldwide using Oracle Cloud Applications (SaaS).

DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem and Oracle Business Applications Senior Vice President (ECEMEA) Arun Khehar, signed today the agreement to develop an integrated technology platform.

In line with the deal, Oracle's Cloud applications would be used to standardize DP World's key processes including finance, operations, procurement and human resources.

As part of this new platform it will also incorporate technologies in Artificial Intelligence, Machine Learning, Internet Of Things (IOT) and Block Chain, to deliver smarter operations and create intelligent logistics, DP World said.

"Our decision to partner with Oracle is driven by our vision for global connectivity through intelligent logistics, reducing costs and creating value for all our stakeholders. Innovative tech solutions are the way forward in the 21st century and we're equipping ourselves with an effective platform to grow into new sectors where technology can maximize efficiencies and enable us to deliver transformational products and services," Sulayem said.

"We are extremely proud of DP World's strategic decision to drive its large-scale digital transformation on Oracle's cloud solutions. We are confident that the deployment of this new digital core will bring the next level of business value and differentiation needed to help DP World achieve its growth goals," Khehar added.

Furthermore, DP World said that it plans to use the digital transformation programme to develop its complementary sectors in the global supply chain such as industrial parks, free zones and logistics by employing cloud applications to increase efficiency, create new services and support diversification.

January 31, 2018 by WorldMaritimeNews


Port Finance International provides online news and conferences worldwide. It is a platform and a community for senior industry experts and players to review and discuss the market. Our online news team provides daily coverage of international port finance, investment and operations news. A weekly e-newsletter- sent to readers free of charge - covers the key news and views of the week.

Port Finance International's conferences and training programmes are held across the globe. These events feature key industry figures and they address market challenges and trends as well as providing industry players with essential networking opportunities.

Follow us


Sign up for our free newsletter