John Keells' SGIT wins SAP award

Strategic Group IT (SGIT), the IT arm and boutique IT Consultancy and Services Organisation of John Keells Holdings, won the SAP ACE (Award for Customer Excellence) Award for the third time.

They won the award under the category, 'Leveraging in-memory computing' at the Award Ceremony hosted by SAP and INDUS in Mumbai recently..

The award was presented by Managing Director, SAP India, Debdeep Sengupta to Group CIO and the Executive Vice President of John Keells Holdings, Ramesh Shanmuganathan.

Shanmuganathan said, "Big Data and Predictive Analytics are changing the way we do things. We as an organisation believe in leading from the front and have been early adopters of technology in creating new frontiers and expanding on it. In this instance too, we are glad that we have lived up to our track record and am especially proud and thankful to the great team at SGIT who continue to explore, incubate and unleash these solutions which are nothing less than cutting-edge. This indeed is a shot in the arm for us and like-minded organisations to continue to explore and create new frontiers and specially in today's digital world - creating new paradigms".

The award was for the Predictive, Fraud Analytics solution that had been built for 'Fraud Analytics' on SAP's latest in-memory platform, HANA. This enables companies to use past and present data through mathematical and statistical modelling combined with Predictive Analytics in mitigating potentially fraudulent transactions.

AVP and Head of Enterprise Applications, SGIT, Harsha Senanayake said, "The Outlier Analysis tool powered by HANA, takes into consideration an entire population of data to identify any outliers, and potential fraudulent transactions. Quantitative techniques used by mainstream fraud analytics algorithms, facilitate in identifying more focused samples of transactions and outliers which may be stemming from potential frauds or errors.

The SAP ACE Awards is an annual ceremony honouring companies, businesses and individuals who demonstrate the spirit of innovation by leveraging SAP solutions to transform their businesses. It also felicitates implementation partners of winning projects who played a critical role and paved the way for customers' success.