Birlasoft Adopts RISE With SAP to Migrate their Digital Core to Cloud; stock gains ~1%

28 Jul 2022 , 12:19 PM

Birlasoft Limited, a global digital enterprise and IT services company and part of the USD 2.8 billion diversified CK Birla Group, announced strengthening of its relationship with SAP by leveraging RISE with SAP to transform its digital landscape onto the cloud.

With enterprises adopting a ‘Cloud-First’ strategy, Birlasoft will be able to significantly accelerate their clients’ transformation journeys.

Birlasoft, a global SAP Partner, completed the entire migration from its SAP S/4HANA on-premises instance to SAP S/4HANA Cloud in less than six months across more than 20 countries where it operates.

In addition to the cloud edition of RISE with SAP, the company has streamlined and modernized its operations to drive innovation across its business functions, including selected HR, Total Records, Cash Management, Data services, integration services, and services for SAP deployment.

Birlasoft’s Digitalization Strategy includes cloud adoption and acceleration, and RISE with SAP provides enhanced operational efficiencies, including seamless multi-cloud connectivity.

Birlasoft works with businesses all over the world to improve their time-to-market, increase revenue, and lower total operating costs.

It also aids in benchmarking business performance with best-in-class KPIs, pre-configured industry solutions aligned with RISE with SAP for specific industry verticals, and a proprietary Intelligent Automation Platform tailored to outcome-based support and services.

At around 12.23 PM, Birlasoft was trading at Rs329.20 up by Rs3.3 or 1.01% from its previous closing of Rs325.90 on the BSE. The scrip touched intraday high and low of Rs331.50 and Rs325.90 respectively.