Public-private partnerships will be required
to bring to life Pakistan’s recently-launched National Financial Inclusion
Strategy 2015-2020 and drive digital economic growth, one of the world’s
leading technology companies announced today.
The Pakistan Telecommunication Authority
recently launched the National Financial Inclusion Strategy 2015-2020 to bring
half of the country’s population online over the next five years.
With Pakistan currently posting only 11
percent Internet user penetration and 0.5 percent mobile broadband penetration,
according to the United Nations’ International Telecommunications Union, mobile
broadband will support e-services in Pakistan in the healthcare, education,
commerce, and government services sectors.
While Pakistan ranks a low
No. 129 of 144 countries in the World Economic Forum’s Global Competitiveness
Index 2014-2015, Pakistan Vision 2025 calls for the country to develop its
information and communication technology to drive innovation, the
knowledge-based economy, and boost global economic competitiveness.
“Pakistan’s impressive
National Financial Inclusion Strategy provides the strong vision for providing
broadband infrastructure across the country, but the next step of digital
economic transformation will require public-private partnerships to help
organizations to innovate and simplify their processes,” said Irfan Khan, Chief
Technology Officer of Global Customer Operations at SAP.
Worldwide, SAP and
Stephenson Strategies predict there will be 50 billion connected devices and a
value at stake of USD 14.4 trillion by 2020, in the emerging Internet of Things
era and Digital Economy.
“In the emerging
interconnected Digital Economy, we’re dedicated to helping Pakistan’s
organizations of all sizes and verticals to reduce their technological
complexity to transform vital sectors such as healthcare, textiles, and
banking, and drive new jobs and economic growth,” added Irfan Khan.
Pakistan’s health
authorities are urged to deploy technology solutions that analyse data to track and control the spread of contagious diseases, with
SAP leveraging experience in countering Ebola in Africa and vector-borne
diseases in Latin America and Africa. Demonstrating its potential, SAP is
working with global healthcare institutions to analzye data from cancer
patients, hospitals, and doctors for personalized treatment.
As
Pakistan’s schools and universities emphasize e-learning and collaborative
projects, Big Data solutions can track students’ progress, reduce costs, and
enhance research, fundraising, and institutional rankings.
With Pakistan posting one
of the world’s lowest bank account penetrations at about 10 percent, U
Microfinance Bank Ltd. has seen strong success on its mobile banking initiative
Upaisa, powered by SAP, enabling thousands of people in hundreds of cities to
make mobile payments and support entrepreneurs.
Supporting Pakistan’s
textile industry in reaching USD 26 billion in exports by 2019, SAP has
recently partnered with International Textile Ltd. for business solutions in
finance, materials management, and sales and distribution, highlighting best
practices in supporting innovation in the textile sector.
As cricket continues to
reach new levels in Pakistan, sensors on players and in stadiums are set to
transform the sporting experiences for players, fans, and media. For example,
the ICC Cricket World Cup 2015 used the SAP SportsOne to analyse data for
line-ups, in-match decisions, and location-based stadium concessions.
Supporting innovation in
Pakistan is the real-time SAP HANA platform, which enables organizations to
analyze the growing amounts and variety of data generated by people, machines,
and objects for insights.