Eurasian Resources Group Strengthens Partnerships with ARC Advisory Group, SAP

The Eurasian Resources Group (ERG), a diversified natural resources group headquartered in Luxembourg, has signed signed and strengthened partnerships with ARC Advisory Group and SAP to promote digital transformation.

The ERG recently signed letters of intent (LOI) with ARC Advisory Group, a foremost technology research and advisory firm for a variety of industries, and SAP, a prominent multinational software corporation, as it continues to deliver its large-scale digital transformation programme which is grounded in the principles of Industry 4.0. 

As part of these agreements, ARC Advisory Group will perform, jointly with Oner Mind, an independent technological audit of ERG's entities in Kazakhstan and develop an action plan for business process optimisation.

Commenting on the signing, Galymzhan Akhmetov, ERG's Chief Information Officer, said: "ERG's entities differ by industry and size; that's why we need a world-class independent audit to maximise the effectiveness of production process management".

In further support of the Group's ambitious programme, ERG also announced a new area of cooperation with SAP, which will see the implementation of a new system focusing on repair and maintenance management and ensuring equipment reliability. Serik Shakhazhanov, Chairman of the Management Board at Eurasian Group LLP, which operates ERG's entities in Kazakhstan, said that the partnership would enable the Group to enhance its competitive edge and develop the best industry practices of asset management.

 Eugene Teremov, Managing Director of SAP Kazakhstan, similarly welcomed the milestone, emphasising that the signatories have a shared commitment to innovation.