SAP Business Transformation Study | Utilities | Israel Electric Corporation
Israel Electric Corporation: Shedding
Light on Capital Investments with
SAP® Project Portfolio Monitoring
©2016 SAP SE or an SAP affiliate company. All rights reserved.
To ensure the supply of electricity to the people of Israel, the Israel Electric Corporation
(IEC) must continuously invest in its infrastructure. One goal was to manage all
transformation and distribution projects using one system. This would help IEC gain
the flexibility to analyze the feasibility of investment options and better control and
monitor schedules and budgets throughout the lifecycle of a project.
With the SAP® Project Portfolio Monitoring rapid-deployment solution, IEC has an
overview of all capital investment projects in a single, integrated system. And by
following best practices and a predefined plan, the implementation was timely and
efficient. The result is improved monitoring of groups of projects at the portfolio level.
This means better decision making by providing standard criteria for data and a
single source of truth.
SAP Business Transformation Study | Utilities | Israel Electric Corporation
Better overview of projects and proposals
Company
Israel Electric
Corporation Ltd.
Headquarters
Tel-Aviv, Israel
Industry
Utilities
Products and Services
Generation, transmission,
and distribution of electricity
for Israel
Employees
13,000
Revenue
US$6.4 billion (2011)
Objectives
• Manage all transformation and distribution projects using one system
• Gain the flexibility to analyze the feasibility of investment options
• Control and monitor schedules and budgets throughout the project
lifecycle
Why SAP
SAP® Project Portfolio Monitoring rapid-deployment solution
Resolution
• Created a repository for projects and proposals using SAP Project Portfolio
Monitoring
• Standardized project decision channels and decision-making criteria
• Consolidated data from operative projects in a single system to monitor
status and financials at the portfolio level
Benefits
• Simplified project monitoring and controlling
• Improved decision making by providing standard criteria for data and a
single source of truth
• Improved monitoring of groups of projects at the portfolio level
Web Site
www.iec.co.il/EN
“With SAP Project Portfolio Monitoring, we have a better overview of ongoing
projects and project proposals. Our goal is to be managing all IEC projects using
this software within 10 years.”
Mr. Yehuda Shkuri, Deputy Head Of Division Information Systems and Communication, Israel Electric Corporation Ltd.
Studio SAP | 24127 (16/06) ©2016 SAP SE or an SAP affiliate company. All rights reserved.
80%
Of business requirements
met by the solution
40%
Faster implementation
using the
rapid-deployment
solution option
>2,000
Projects currently
managed
©2016 SAP SE or an SAP affiliate company. All rights reserved.
No part of this publication may be reproduced or transmitted in any form or for any purpose without the express permission of SAP SE
or an SAP affiliate company.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of
SAP SE (or an SAP affiliate company) in Germany and other countries. Please see http://www.sap.com/corporateen/legal/copyright/index.epx#trademark for additional trademark information and notices. Some software products marketed by SAP
SE and its distributors contain proprietary software components of other software vendors.
National product specifications may vary.
These materials are provided by SAP SE or an SAP affiliate company for informational purposes only, without representation or warranty
of any kind, and SAP SE or its affiliated companies shall not be liable for errors or omissions with respect to the materials. The only
warranties for SAP SE or SAP affiliate company products and services are those that are set forth in the express warranty statements
accompanying such products and services, if any. Nothing herein should be construed as constituting an additional warranty.
In particular, SAP SE or its affiliated companies have no obligation to pursue any course of business outlined in this document or any
related presentation, or to develop or release any functionality mentioned therein. This document, or any related presentation, and SAP
SE’s or its affiliated companies’ strategy and possible future developments, products, and/or platform directions and functionality are all
subject to change and may be changed by SAP SE or its affiliated companies at any time for any reason without notice. The information
in this document is not a commitment, promise, or legal obligation to deliver any material, code, or functionality. All forward-looking
statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. Readers
are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates, and they should not
be relied upon in making purchasing decisions.