You can call me Al (Osais)

Al Osais International Holding Company, one of Saudi Arabia’s larger diversified businesses, has announced the selection of SAP for its ERP solution. First implementation will be in the construction firm Al Osais Contracting Company.

SAP’s Engineering, Construction and Operations Solutions will be introduced to Al Osais Contracting, a firm involved in various sorts of commercial and residential building construction projects. Al Osais services include site development, provision of infrastructure and utilities, structural steel works, marine works, plant civil works, surveying and drafting.

SAP released some statistics to go with the announcement, namely that SAP Arabia increased its market share from 30 percent in 2004 to 33 percent in 2005, outpacing the nearest competitor by some 10 percent. Total spending on software solutions in the “MENA region” reached $187 million in 2005, an increase of 16 percent year-on-year and is expected to be worth approximately $371 million in 2010.