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Sterlite Technologies Powers Vedanta’s Digital Transformation with RISE with SAP

Updated on: Dec 10, 2024, 1:44 PM IST
Sterlite Technologies Ltd.’s share price rose by 0.56% as of 11:05 AM, December 10, 2024, following its digital transformation success for Vedanta using RISE with SAP.
Sterlite Technologies Powers Vedanta’s Digital Transformation with RISE with SAP
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Sterlite Technologies Limited (STL), through its subsidiary STL Digital, has successfully implemented a significant digital transformation for Vedanta Limited. The initiative involved deploying SAP’s RISE with SAP S/4HANA Cloud platform across eight Vedanta companies globally. This ambitious project aimed to enhance efficiency, operational visibility, and synergy within the natural resources giant.

Vedanta’s Vision with the VRISE Program

Vedanta’s VRISE (Vedanta RISE) program was conceptualised to integrate the group’s operations on a unified SAP platform, supporting over 15,000 users globally. This program aligns with Vedanta’s strategic goals of operational excellence and sustainability. The transformation was completed in a record 6.5 months, making it a benchmark in the industry.

STL Digital’s Role in Transformation

STL Digital played a crucial role in executing this large-scale IT overhaul. The seamless integration of Vedanta’s business units—spanning metals, mining, oil, and gas—was achieved through close collaboration with SAP. This transformation simplifies Vedanta’s IT landscape and lays the groundwork for future innovation, including automation and generative AI capabilities.

Recognitions and Industry Impact

This milestone has earned STL Digital accolades, including two SAP ACE Awards in 2024 for customer excellence in Vedanta’s finance transformation and game-changing initiatives. Additionally, STL Digital was recognised as SAP’s Mega Deal Partner of the Year 2023.

STL’s Share Performance

As of 11:05 AM on December 10, 2024, Sterlite Technologies Ltd.’s share price rose by 0.56%. 

Conclusion: Pioneering Digital Growth

The collaboration between STL Digital and Vedanta showcases the power of strategic digital transformation in achieving operational excellence. With its continued focus on innovation and efficiency, STL Digital remains a key player in driving digital success for global enterprises.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

Published on: Dec 10, 2024, 1:44 PM IST

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