Israel Electric Corp. to Implement SAP-Based Projects

Ness Technologies, Inc. has been awarded an NIS 60 million, or approximately $17.3 million, engagement from Israel Electric Corp. to implement SAP-based projects, including software testing. Ness won the deal as lead contractor in an international public tender.

The projects include implementation of SAP solutions for the maintenance of power stations and the electricity network, real estate management, financing transactions, oil and gas management and other functions. The implementation of these solutions will be conducted over the next five years. In addition to implementing the projects, Ness will continue to help in the maintenance of IEC's existing SAP ERP over the next five years.