NLMK Group introduces SAP S/4HANA for Industry 4.0 solutions, first in the CIS
NLMK Group, an international steelmaking company with operations in Russia, the USA, and the European Union, is the first steelmaking company in the CIS to introduce new generation SAP S/4HANA business suite. This platform will not only streamline current business processes but also enable the use of cloud, Internet of Things and Machine Learning technologies on an industrial scale without technical upgrade.
More than 20 information and production systems of NLMK Group’s Russian and European enterprises have integrated with SAP S/4HANA suite. It serves over 6,500 users already. NLMK-SAP Innovations Lab already employs the business suite for its projects.
Thanks to concerted efforts of NLMK Group, SAP Digital Business Services team, SAP Premium Engagement, global support and SAP development within the framework of SAP Early Adopter Care program, this large scale SAP S/4HANA deployment was rapid.
Elena Demyanova, NLMK Group Vice President for IT, said: “One of the key strategic imperatives of NLMK Group is leadership in operational efficiency. To achieve this goal we continuously streamline our business processes by means of information technology among other things. The new system lets NLMK Group be flexible in responding to market changes, develop in-house IT applications and continue to evolve in Industry 4.0”.
Natalia Parmenova, SAP CIS Chief Operating Officer, said: “NLMK is an innovative company that adopts best IT practices and, what’s more, regularly develops in-house tools for specific business purposes. SAP S/4HANA is a flexible platform, which supports further innovations in the company. In addition to streamlining business processes the new core will facilitate new IoT, Big Data and Machine Learning projects and allow the company to make use of cloud services”.
SAP is one of the global leaders in enterprise application software. The company helps organizations of any size and industry to streamline their business processes, be it support functions or board of directors activities, warehouse or store operations, desktop or mobile applications.
SAP services and solutions serve more than 345,000 customers, the company’s advanced technologies guarantee high profitability, promote continuous adaptation and sustainable growth.
In 1992, SAP SE opened its office in Moscow. Over the past 25 years, SAP also opened representative offices in Yekaterinburg, St. Petersburg, Izhevsk, Almaty and Minsk with the overall headcount exceeding 1,100 people. For more information on SAP, please visit www.sap.com and www.sap.ru.
About NLMK Group
NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world.
NLMK Group’s steel products are used in various industries, from construction and machine building to the manufacturing of power-generation equipment and offshore windmills.
NLMK operates production facilities in Russia, Europe and the United States. The Company’s steel production capacity exceeds 17 million tonnes per year.
NLMK has the most competitive cash cost among global manufacturers and one of the highest profitability levels in the industry. In 9M 2017, the Company generated $7.25 billion in revenue and $1.87 billion in EBITDA. As of 30 September 2017, Net debt/EBITDA stood at 0.3х. The company has investment grade credit ratings from S&P and Fitch.
NLMK’s ordinary shares with a 16% free-float are traded on the Moscow Stock Exchange (ticker "NLMK") and its global depositary shares are traded on the London Stock Exchange (ticker "NLMK:LI"). The share capital of the Company is divided into 5,993,227,240 shares with a par value of RUB1. For more details on NLMK shareholder capital, please follow the link.
NLMK Group received the Steel Industry Leadership Award at the prestigious 2016 Platts Global Metals Awards held by S&P Global Platts, a leading international industry analytical periodical.
NLMK Group’s photos and videos are available for downloading from our mediabank at https://media.nlmk.com/en/