Khazanah unit Cenviro invests RM20m on digital transformation exercise

KUALA LUMPUR: Cenviro Sdn Bhd, a wholly-owned subsidiary of Khazanah Nasional Bhd, is investing RM20 million on a digital transformation exercise.

Cenviro managing director Khalid Bahsoon said the first phase of the exercise, which will cost RM20 million, will be deployed immediately and completed within 18 months.

He said the subsequent phases and further investments will be determined later. The entire exercise is expected to be implemented over three phases.

Cenviro, an integrated environmental solutions provider, will deploy multiple SAP solutions including SAP Suite on HANA with IS-U Waste Management. The deployment will leverage on the services of Deloitte Consulting SEA with iTelligence Outsourcing MSC as hosting partner.

The fully-integrated enterprise resource planning system will be used to reconcile financial data from different sources and improve operational performance monitoring throughout Cenviro's group of companies.