Technical Review
Summary
Global technology company SAP has announced its partnership with the national central cooling company Tabreed, a UAE-based international district cooling developer, in a move that will contribute to the digital transformation of the district cooling industry.
In the Middle East, population growth, diversified economic growth, the hot climate and government visions for environmental sustainability all favour the growth of district cooling. As a result, the Middle East’s district cooling market is valued at US$8bn, according to Global Market Insights, and poised for an 8% y-o-y growth between 2021 and 2027.
Bader Saeed Al Lamki, CEO of Tabreed, said, “Tabreed is a dynamic and innovative company and we are always in a continues pursuit to streamline our processes to facilitate efficient growth, profitability and progress.”
“This digital transformation initiative we have embarked upon with SAP and Deloitte will greatly benefit our business. Access to real-time data would unlock additional analytical capabilities which further drive our financial and operational competitiveness and enhance our value add to our clients. I look forward to seeing the results of this strategic collaboration and the improvements that will no doubt benefit our employees and customers alike,” added Al Lamki.
All the solutions will run on the SAP public cloud data centre in the UAE, in full compliance of data regulations.
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