Build Your Digital Enterprise: 6 Ways to Bring 20/20 Vision to Your Digital Strategy
Few companies need to be sold on the benefits of digitization. Whether they expect annual growth, better cost efficiency, improved cash flow, or a bigger customer base, companies routinely set ambitious goals and significant technology investments. Despite that level of commitment, very few actually deliver on those expectations on their own.
Digitalizing at scale is a uniquely complex, ever-evolving task. Getting the engine – your technology – implemented is hard enough. But once you consider the number of areas that your systems and data touch, coordinating people, processes, and digital and non-digital assets is even more massive in complexity and effort.
Take, for example, a warehouse that wants to increase revenue from a segment of high-volume customers. A common tactic is the adoption of data analytics to determine which buyer journeys generate the highest invoices and order size. Often, business leaders decide to deploy a solution that consolidates data from every function into a single source, synthesizes that information, and creates a visualization dashboard. But this is only the start. They also have to focus on a clear vision of digitalizing every customer interaction to capture that the data in real time. Plus, new capabilities and teams are needed to handle and organize the delivery of those journeys across the organization.
Of course, digital transformation doesn’t happen overnight. But when you consider Standard & Poor’s (S&P) warning that the average life span of a business is steadily falling from 61 years in 1958 to just 18 years in 2011, time is not on anyone’s side. At this rate, 50% of S&P 500 incumbents will no longer be around by 2025.
SAPPHIRE NOW: Turning your digital strategy into long-term staying power
Your digital strategy is not just about surpassing competitors and winning new customers … it’s about long-term survival.
To help you manage your transition to a true digital enterprise, the SAP Digital Business Services organization is hosting a series of interactive stations at SAPPHIRE NOW. This is an excellent opportunity to explore how you can take your digital strategy and innovate new forms of competitiveness – whether it’s through greater connectivity, process innovation, or an entirely new business model that no one has conceived yet.
I hope to see you at one of these demos!
Accelerated Innovation Adoption
Reduce implementation time and innovate faster by staying close to standard. Simplify your landscape and minimize modifications with SAP Innovation Control Center. Jump-start business process design with SAP Best Practices packages and the SAP Model Company service, and let SAP protect your journey to SAP S/4HANA and digital transformation.
Innovation with Tailored Solutions
Develop one-of-a-kind solutions that let you thrive in the digital economy and disrupt your industry. Access custom application development to realize real business value, including IoT-based solutions on SAP Cloud Platform, unique applications for SAP S/4HANA and SAP Hybris solutions, and differentiating scenarios for SAP SuccessFactors solutions.
IoT and Machine Learning Services
Discover the revolutionary machine learning intelligence for new levels of automation and ways of doing business, and explore the building blocks of a digital enterprise. Use IoT solutions to collect and make sense of relevant devices; improve digital operations management; and digitalize your business, manufacturing, and logistics processes.
Understand, adapt, and predict business performance with digital business solutions. Gain transparency in real time to align decisions across all business areas based on one source of truth. Use analytics as a strategic asset for your customers to drive innovation and profitability.
SAP HANA Enterprise Cloud
Empower your organization to address your business priorities and operating needs and unlock the full value of digital business. Support your company’s digital future with minimal risk with SAP HANA Enterprise Cloud.
SAP Model Company
Adopt the latest innovations and achieve simplification for your digital transformation. Utilize the SAP Model Company accelerator service and SAP Value Assurance service packages, for reference architectures specialized by industry or line of business, to tune solutions to your specific needs.
SAP Value Assurance for SAP S/4HANA
Shorten time to value while reducing complexity. Kick-start your transformation with SAP Value Assurance service packages for SAP S/4HANA and the SAP Model Company service, tailored to your requirements to help ensure success. Deploy SAP S/4HANA and accelerate functional setup in an agile approach with ready-to-use business process templates.