Power Up: SAP Overhaul for Global Green Energy Leader

Ormat Technologies, listed on the New York Stock Exchange, specializes in building and operating clean energy solutions globally. The company performed a significant digital transformation project—estimated at 50 million NIS—to enhance operational efficiency across its international facilities. This initiative involved implementing SAP’s advanced S/4HANA Enterprise Resource Planning (ERP) solution, executed in a strategic partnership with ONE Technologies. This collaboration highlights ONE Technologies’ capacity for handling complex, large-scale projects and underscores its global reach in serving multinational corporations.

Sparking a New Era of Innovation at Ormat

Ormat Technologies has long been at the forefront of renewable energy solutions, driving innovation in green power for nearly six decades. However, as the company expanded its global footprint, it faced significant challenges in integrating and harmonizing its operations across different regions. The diverse and complex business processes across logistics, project management, engineering, and finance required a unified approach to manage effectively. Previously supported by a mix of custom-developed and segregated systems, there was a growing need for a streamlined, integrated enterprise solution that could provide real-time transparency and data consistency across all corporate entities globally.

Integrative SAP Solutions Fueling Sustainable Growth

The project embarked upon by Ormat and ONE Technologies entailed an enterprise-wide rollout of SAP S/4HANA, SAP’s flagship ERP solution, aimed at unifying and streamlining operations across approximately 190 subsidiary companies worldwide. This extensive implementation was crucial for consolidating a wide variety of processes, ranging from inventory planning and procurement to sophisticated engineering systems integration. Simultaneously, it facilitated advanced financial reporting and ensured compliance with the stringent standards of the NYSE.

In addition to the ERP overhaul, Ormat further enhanced its technological framework by adopting SAP’s Business Technology Platform (BTP), which provides a robust foundation for innovation and operational flexibility. This advanced platform integrates advanced data management, analytics, artificial intelligence (AI), and comprehensive application development capabilities, significantly amplifying Ormat’s ability to adapt to changing market demands and scale its solutions globally.

The strategic technological enhancement was designed not just to boost efficiency but also to revolutionize Ormat’s approach to inventory management, cost analysis, and financial consolidation across its global network. By integrating these advanced capabilities, Ormat can now manage its operations more effectively, enabling seamless, cross-organizational workflows that connect disparate business and operational units. The new system empowers Ormat with the agility for real-time, informed decision-making and aligns their business operations with global standards—critical for a multinational corporation actively engaged in sustainable energy solutions.

ONE Technologies: A Global Force in SAP Solutions

ONE Technologies, a global leader in enterprise platform solutions and recognized as SAP’s premier partner in Israel, excels with profound engagement in business processes and an extensive portfolio that includes cutting-edge SAP products such as RISE with SAP, S/4HANA, SAP BTP, and SAP SuccessFactors. Our diverse expertise ensures that each client, including global leaders like Ormat, receives the most advanced SAP solutions, precisely tailored to meet their specific business needs. The strategic partnership with Ormat is part of a continuum of high-level technological initiatives we have successfully executed in recent years, characterized by deep collaboration with our client’s executive and technical leadership. This technological upgrade not only places Ormat’s information systems at the forefront of innovation but also establishes a durable foundation for its continuous growth.

The deployment of SAP’s advanced enterprise solutions—SAP S/4HANA and BTP—at Ormat Technologies marks a landmark in the company’s digital transformation journey. With ONE Technologies at the helm, this initiative has streamlined Ormat’s operations and fortified its position in the global sustainability market. This project underscores ONE Technologies’ dedication to deploying top-tier technological solutions that help our partners tackle complex challenges and secure sustainable growth in highly competitive markets. As we look to the future, ONE Technologies remains committed to broadening our impact, aiming to empower more multinational corporations with dynamic, scalable, and robust technology solutions that drive business success and operational excellence worldwide.