Bahraini Mazad Selects Infor for Unified Management of Assets

United Arab Emirates – May 06, 2019, 09:00 AM

Strategic alliance with Bahrain-based services and asset management firm to provide new levels of operational efficiency

DUBAI, United Arab Emirates – May 5, 2019 – Infor, a global leader in business cloud software specialised by industry, today announced that Mazad B.S.C., a subsidiary of Bahrain Mumtalakat Holding Company (Mumtalakat) - the Kingdom of Bahrain’s sovereign wealth fund - has selected Infor CloudSuite Facilities Management, Infor OS, Infor CloudSuite Industrial, and Infor Mongoose Framework to unify and integrate management of government assets.

Designed to facilitate market growth, efficiency and revenue optimization, Mazad B.S.C. oversaw the Kingdom’s first private auction of vehicle number registration plates, resulting in record returns. Today, the Bahrain-based entity also organizes online and offline auctions of government assets.

Aligning with the Bahraini government’s strategic relationship with Amazon Web Services (AWS), Mazad B.S.C. chose Infor’s industry-specific solutions to help digitize and optimize operations to reach new levels of efficiency and streamline complex processes. The Infor applications were chosen for their user-friendly interface that can be easily adapted based on current needs, effective cost management, and long-term asset value.

Talal Al Oraifi, CEO of Mazad, said: “Operational efficiency is critical to our success, leading us to seek the most suitable digital solutions and technology partner for our business. With its user-friendly software products, we are confident that Infor will help optimize and streamline our many processes. This is in line with our adoption of the Government of Bahrain’s Cloud First Policy, which saw us migrate to the AWS cloud.”

“Supporting the Bahraini government’s digital transformation strategy, we wanted an end-to-end software-as-a-service offering with an emphasis on enterprise asset management,” explained Mohamed Sater, head of information technology at Mumtalakat. “It was important for us that the technology vendor we chose had a flexible offer based on the AWS cloud, and we chose to work with Infor because of its proven AWS-based cloud solution and its track record in EAM. We look forward to a successful partnership as we overhaul our in-house applications and move facilities management to the cloud.”

The system is due to go live in 2019. Under the deal, Infor will provide Mazad B.S.C. with a SaaS platform. With Infor Mongoose, businesses can quickly build and deploy applications that are optimized for use via desktop, tablet, or smartphone devices. Infor CloudSuite Facilities Management (CSFM) is an award-winning, proven asset management solution that includes high-value extension applications.

The Infor OS and CloudSuite Industrial (CSI) solutions will also be included in the package. CSI equips users with the tools needed to manage end-to-end operations, from financials to after-market service and analytics. As component parts of Infor OS, Infor ION and Infor Ming.le™, will also help Mazad B.S.C. maximize real-time visibility.

Infor ION is powerful middleware that seamlessly integrates relevant information from Infor and third-party enterprise systems. Infor Ming.le™ is the intelligent portal to organizations’ application suites. It enables single-sign-on for all Infor CloudSuite™ solutions, and allows users to create personalized homepages that are tailored to their jobs. Employees can also share key screens, data, and attachments for reducing procedural processes.

“With Bahrain having the foresight to create a strategic data center with AWS in the region, Infor is perfectly placed to support government and private-sector companies to leverage the power of cloud solutions,” said Jonathan Wood, general manager, IMEA, Infor. “We are delighted to support Mazad B.S.C. as it builds a strategic business in Bahrain, and we look forward to future co-operation opportunities with innovative businesses in the Kingdom.”

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About Mazad B.S.C.

The organizer of Bahrain’s online and offline auctions, Mazad was established in April 2017. Designed to facilitate market growth, efficiency and revenue optimization, Mazad organized the Kingdom’s first private vehicle registration number plates auction, achieving record auction returns. The revenue from its first auction, which was conducted in collaboration with UAE-based Arabian Auctions, totalled an outstanding BD1.72 million or US $4.56 million.

About Infor

Infor is a global leader in business cloud software specialized by industry. With 17,300 employees and over 68,000 customers in more than 170 countries, Infor software is designed for progress. To learn more, please visit www.infor.com.

Infor customers include:

  • 19 of the top 20 aerospace companies
  • 9 of the top 10 high tech companies
  • 18 of the 25 largest U.S. healthcare delivery networks
  • 18 of the 20 largest U.S. cities
  • 19 of the top 20 automotive suppliers
  • 17 of the top 20 industrial distributors
  • 15 of the top 20 global retailers
  • 4 of the top 5 brewers
  • 17 of the top 20 global banks
  • 9 of the 10 largest global hotel brands
  • 8 of the top 10 global luxury brands

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For more information:
Roger Field
Wallis
+971 50 273 9936
roger.field@wallispr.com

Filed Under
  • Press Releases
Industry
  • Federal Government
Product
  • CloudSuite Facilities Management
  • CloudSuite Industrial Enterprise
  • Infor OS
  • Mongoose
Region
  • EMEA
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