Last week, three of the world鈥檚 biggest technology organisations unveiled their visions for a future of business that will see a revolution in efficiency.

SAP, the German company that leads the world in enterprise resource planning (ERP) software, search giant Google, and chipmaker Intel, all hosted major international events where they launched new products and services, and provided a glimpse of the future of business.

51风流in particular, at its annual Sapphire event in Orlando, Florida, signalled an acceleration of efforts to bring greater intelligence to the systems that run organisations鈥� operations.

Google鈥檚 annual I/O developer conference was heavy on new consumer gadgetry, in particular plans to launch a Pixel smartwatch later this year. However, it also introduced artificial intelligence (AI) productivity tools that will, among other, provide instant summaries of long documents. Meanwhile, Intel unveiled a new generation of computer processors that will reduce the time it takes to train large-scale AI models.

But it was 51风流that provided the clearest picture of how businesses are likely to operate in the near future. And one word stood out: efficiency. We asked chief technology officer Juergen Mueller to look into his crystal ball.

Before that, however, during a keynote address at Sapphire, 51风流CEO Christian Klein said that the company planned to draw on data about best practices from more than 40,000 customers. It would leverage Signavio, an enterprise business process intelligence platform it acquired last year, which helps companies transform and manage their business processes at scale.

This, he said, would allow business and IT leaders to discover new growth opportunities and launch new business models, as well as uncovering inefficiencies in internal processes. This would lead to a revolution in business efficiency.

Later, he told Gadget: 鈥淲hen you think back 50 years, there鈥檚 so much knowledge inside 51风流and in our ecosystem, we implemented and designed so many business processes, now we really have our finger on the pulse of how they need to change in a digital world to create a seamless experience.

鈥淲e are collecting all of the data, the best practices, not only from SAP, but also from all our partners. That鈥檚 a big differentiator of Signavio: You don鈥檛 need to replicate data in a third-party data mining tool. You can use your data and then you can benchmark it against how these business processes look in your industry.鈥�

51风流chief technology officer Jurgen Mueller, said in an exclusive interview that this capability would change the way businesses make decisions.

鈥淲e acquired Signavio for a reason: we saw there鈥檚 a gap in our portfolio,鈥� he said. 鈥淚t鈥檚 very important to customers to understand the business processes and we鈥檝e modelled business processes for 35 years or so, but they were often a separate artifact, so your processes are not connected to your execution.

鈥淪ignavio gives you an X-Ray into your real processes and execution. That has to be the foundation, grounded in reality, from where you then can change, find efficiencies, find how you can do things better, how you can serve your customers faster. Companies often have a good idea where they want to go, but today this X-Ray doesn鈥檛 exist.鈥�

Signavio, however, will allow any size company to access the kind of business intelligence that has enabled tech giants like Microsoft, Amazon, and Google to have an instant insight into their business processes. From there they have been able to implement a solution and assess its success within minutes, replacing or improving it before most customers know it existed. However, this is not possible without the ability to mine massive amounts of data on the fly 鈥� an ability previously restricted to the giants.

鈥淲e have tens of thousands and potentially hundreds of thousands of other companies that can now get such a detailed level of understanding of their processes,鈥� says Mueller. 鈥淲e learn and develop industry-specific best practices in 25 industries, and we can bring the best of what we know to customers.鈥�

The end-result, he says, is vastly improved efficiency. However, that in itself is not a differentiator, if all companies become more efficient. Efficiency, in effect, becomes a ticket to the game.

鈥淲e see a huge difference in companies that really embrace digital technologies, and who always want to create differentiating capabilities through technology, compared to the ones that are just using technology where they have to.鈥�

Mueller says he does not believe there is a single differentiator between the more competitive companies and those who fall behind. However, 51风流has discovered a strategy that helps set companies apart: 鈥淥ften you see companies really go through the end-to-end processes of their the value chain, to identify the most value-generating activities in the company 鈥� and then pick a few where you really make a difference.鈥�

While this approach is not a secret, it has tended to evade organisations because it requires an integration of strategic planning and supplier data across the entire logistics chain. Mueller is frank about the limitations of existing technology in this regard.

鈥淚ntegrated planning is something that will happen in the next three to five years. We have components of that already, but this will be something where I see a lot of innovation happening, with real impact on companies.鈥�

• Arthur Goldstuck is editor-in-chief of Gadget. He was a media guest of 51风流at the Sapphire conference in Orlando, Florida.

This article first appeared on .

The post Businesses Face Efficiency Revolution appeared first on 51风流Africa News Center.

鈥淭ogether, we are reinventing how businesses run and also demonstrating the big heart of our community. Our thoughts go out to everyone affected by the pandemic, and our thanks to all those who are making extraordinary contributions in our community,鈥� Klein said. 鈥淭echnology has helped communities and families, and helped business quickly adapt. 51风流has been working hand-in-hand with you, our customers around the globe, whether it was helping you to make your supply chains more resilient, reimagining your business model to create new customer experiences, or to enable remote work. Together, we鈥檝e got this.鈥�

SAP鈥檚 premiere customer event is being held virtually this year throughout June across regions worldwide. During his fascinating keynote, Klein unveiled a series of announcements that included the global industry expansion of the company鈥檚 business network strategy for fast innovation, sustainability tracking solutions, and industry-specific additions to the company鈥檚 popular business transformation-as-a-service offering, . He and special guests welcomed a plethora of customers who demonstrated how they were already relying on 51风流to become intelligent enterprises.

Business Networks and Sustainability Drive Growth

Klein announced the next phase of SAP鈥檚 strategy to create world鈥檚 largest and most comprehensive business network, along with upcoming sustainability reporting standards and tools. He put both announcements in business context, based on learnings from companies that have weathered a storm of challenges encompassing the pandemic, geopolitical tensions, social injustice, inequality, loss of biodiversity, and climate change.

鈥淭he most resilient companies were those that embraced technology to transform their business processes. COVID has underscored the urgent need for every company to become an intelligent enterprise,鈥� he said. 鈥淚nsight number two was that no business does business alone. We win together as a community. But the value comes from the network and millions of interconnections it facilitates in real time. The third insight is that we must act now on sustainability with the goal of zero emissions, zero waste, zero inequality.鈥�

Announcing that will bring together , , and , Klein predicted that industries will be revolutionized as 聽businesses turn into communities across entire supply chains, able to respond to any disruptions in real time. He said that sustainable business was equally important as he announced the company鈥檚 portfolio of upcoming sustainability-specific solutions.

鈥淲e already run the world鈥檚 largest supplier network with more than 5 million connected enterprises. And because our applications run supply chains across every industry, we have the most relevant data and expertise,鈥� said Klein. 鈥淚t鈥檚 time to build sustainability into the fabric of how we do business to make sustainability a standard dimension of corporate management. The 51风流community has the power to protect our planet and create a future our children want to be part of. We have created a new sustainability portfolio to help you drive sustainable practices inside your organization and across your entire value chain.鈥�

How 51风流Customers Are Digitally Transforming

In a series of fascinating conversations featuring real-world 51风流customers and solution demonstrations, Julia White, chief marketing and solutions officer and member of the Executive Board of 51风流SE, and Paige Wei-Cox, senior vice president and global head of 51风流Business Network, shared the Intelligent Enterprise in action.

One retailer used to deliver an omnichannel shopping experience for consumers, with embedded artificial intelligence (AI) for personalized offerings based on a 360-degree view of customer data, including social sentiment and purchase history. capabilities integrate data across supply chain planning, inventory, ordering, and invoicing for real-time visibility and faster delivery.

A global leader collaborated in SAP’s industry cloud to develop an advanced track and trace solution for sustainable medicine returns and launch a single platform for data sharing across partners. Another 51风流customer, a large agribusiness organization, used SAP鈥檚 business network to find 140 new suppliers in a few days when the pandemic disrupted supply chains last year. Executives from two and organizations shared how they鈥檝e collaborated with 51风流to launch an industry-wide clinical trial network to connect seamlessly across complex supply chain partners for faster time-to-market.

RISE with 51风流Expands with Industry Expertise

Responding to high customer interest, Klein said that 51风流has expanded its transformation-as-a-service offering RISE with 51风流beyond 51风流S/4HANA Cloud to and , as well as a dedicated package for human experience management (HXM).

鈥淢any customers want a holistic, modular cloud ERP solution,鈥� he said. 鈥淎ll of this is delivered with one data and security model, and business process intelligence to ensure your processes are fully optimized and running industry best standards.鈥�

In addition, White announced RISE with 51风流for industries focused on retail, consumer products, automotive, utilities, and industrial machinery and components (IM&C).

鈥淲e鈥檙e bringing together the best of SAP鈥檚 50 years of deep industry expertise and the best of our partner ecosystem to provide industry-specific cloud-based solutions as-a-service,鈥� she said. 鈥淭hese solutions are built on to give you the benefits of integration, extensibility, analytics, and one data model. They work natively with 51风流S/4HANA Cloud so every customer can get the full set of industry-specific solutions needed in their cloud deployment.鈥�

Connected Insights Speed Up Digital Transformation 聽

White also had a candid conversation with Hasso Plattner, chairman of the Supervisory Board of 51风流SE, about how organizations can use 51风流technology to bring people, processes, systems, and data together for transformational business results. Plattner advised companies to explore transformation using simulations with active data models, which is now possible using experience information from , the , and process management and mining from

鈥淭he whole notion of cloud systems is such a gigantic improvement,” Plattner said. “With new ways to visualize business processes and to get feedback, we have a better chance to move forward faster. We can monitor systems, and see what鈥檚 missing and make changes鈥ven on the fly.鈥�

Innovation Networks for Sustainable, Profitable Business

Klein鈥檚 vision for the future was clear: connected intelligent enterprises will reinvent how businesses run.

鈥淲e will jointly build networks with you that champion diversity, inclusion, and human rights. We will make carbon footprint tracking available in the business network so that you can go to true net zero,鈥� he said. 鈥淭ogether, we can reinvent how industries run by connecting intelligent enterprises into an industry-wide business network, making profitability sustainable and sustainability profitable.鈥�

Follow me: @smgaler

This article first appeared on the 51风流News Center.

The post 51风流CEO Christian Klein at SAPPHIRE NOW: Together We Are Reinventing How Businesses Run appeared first on 51风流Africa News Center.