听These include:听

• 听Canal de Isabel II 鈥� The Spanish water company has embarked on a cross-cloud journey with RISE with SAP, 51风流Industry Solution for Utilities, 51风流Customer Data Cloud, 51风流Emarsys Customer Engagement, 51风流Sales & Service Cloud, 51风流Cloud ERP, 51风流Business Technology Platform and 51风流Signavio听
• Frinsa 鈥� The Spanish consumer products company 鈥� one of the largest European manufacturers of canned tuna and shellfish 鈥� has embarked on a cross-cloud journey with 51风流Business Technology Platform, 51风流Customer Data Cloud, 51风流Emarsys Customer Engagement and 51风流Sales & Service Cloud听
• NEXI 鈥� The Italian 鈥淧ayTech鈥� company, present in high growth European markets, will base its digital transformation in the cloud on RISE with SAP. The new offering will allow NEXI to leverage intelligent technologies such as AI and machine learning for improved speed and accuracy, gain efficiencies to fund innovation, and transform mission-critical systems while mitigating business risk听
• Sabadell Digital 鈥� The digital arm of Banco Sabadell has selected 51风流SuccessFactors听

听As 51风流continues to drive its cloud transformation agenda, go-lives and renewals are at the core of delivering customer success and value. Customers celebrating go-lives during the second quarter include:听

• 听Gonz谩lez Byass 鈥� The family-owned Spanish wine and spirits producer is deeply committed to nature, promoting sustainability across all operations. Collaborating with suppliers, it adopts eco-friendly materials and recyclable packaging, guided by circular economy principles. Powered by the 51风流Responsible Design and Production solution from Minsait, an Indra Company, they are now able to monitor the changing policy landscape, measure the impact of materials used, and act by fulfilling plastic tax and extended producer responsibility (EPR) obligations听
• 碍辞莽迟补艧 鈥� The Turkish DIY retailer has gone live with 51风流Customer Experience Commerce Marketplace Management by Mirakl听

Commenting on 51风流SE鈥檚 Q2 2023 results, 51风流EMEA South regional president Manos Raptopoulos said, 鈥淲e had a very strong Q2 performance in the Southern Europe, Middle East and Africa region, highlighting the trust that our customers of all sizes and across all industries place in 51风流to help them digitally transform. We are incredibly proud of the performance of our cloud business which underpinned our strong results, as well as our ability to attract new customers in the mid-market space. In very challenging economic times, our customers continue trusting 51风流solutions to help them create more resilience, predictability, efficiency and innovation in their business.鈥�听

听听听51风流SE鈥檚 full financial results for the second quarter ending 30 June 2023 can be found here.听

The post 51风流EMEA South Welcomes New Customer Partnerships and Celebrates Go-lives as 51风流SE Announces Double-digit Cloud Revenue and Operating Profit Growth, and Total Revenue Growth, in its Q2 2023 Results appeared first on 51风流Africa News Center.

Cameron Beveridge, Regional Director for Southern Africa at SAP, believes corporate leaders are having to balance traditional business objectives such as revenue and profit with the demands of the modern economy that include building a healthy company culture, playing a positive role in society and being a good corporate citizen.

“The lines are being redrawn around what employees, customers and broader society expect of a modern business, especially as it relates to a company’s role in building a more equitable and sustainable world. Present trends indicate that we are moving toward a situation where environmental sustainability, fair employment practices and societal value trump pure profitability.”

Businesses have traditionally focused on creating maximum value for shareholders, and short-term financial profitability continues to be vital to a company’s growth and success.

However, as the mounting costs and headline-grabbing impact of climate change starts affecting more people in developed and emerging economies, consumers are increasingly demanding that companies also make positive contributions to the environment and vulnerable communities.

Looking beyond quarterly results

Studies have found that , while another study revealed that two-thirds of consumers and 73% of Millennials globally .

“There is growing recognition that companies need to shift their focus from purely delivering quarterly results that drive the share price, to ensuring they minimise their impact on the environment and prioritise creating healthy company cultures, ensuring adequate worker pay, and act as exemplars or enablers of more sustainable business practices,” explains Beveridge. “If your positive quarterly financial results were achieved on the back of environmental devastation, for example, consumers today are more likely than ever to abandon you for a more equitable-minded competitor.”

There are solid economic reasons for building sustainability into a company’s business model. One study found that companies with positive Environmental, Societal and Governance records .

“Business leaders still need to produce solid bottom-line results and ensure the financial sustainability of the business,” says Beveridge. “This is forcing them into a delicate balancing act where the correct course of action is not always clear, adding pressure to decision-makers already besieged by the disruptive impact of the pandemic, a constrained global supply chain, and growing economic pressures. Even the World Economic Forum, highlighting the importance for the private sector to look beyond the bottom line, .”

The new talent battlefield

One of the most obvious examples of the new business balancing act is in workplace culture and employee engagement. During the early stages of the pandemic, businesses around the world shifted to remote models that saw millions of workers performing their day-to-day tasks away from the confines of corporate offices.

“The past two years have marked a greater shift in how we work than the two decades preceding it,” says Beveridge. “In the services industry, workers who previously completed their tasks within an office space under the watchful gaze of managers and HR specialists were suddenly asked to maintain high levels of productivity from home. Now that offices are reopening, many of these formerly office-bound employees now prefer to work remotely at least some of the time, creating new challenges in attracting, motivating and retaining top talent.”

The shift in how people view work came under the spotlight when millions of US workers shifted to more fulfilling or more accommodating jobs in a process dubbed the Great Resignation. “This shift in expectations of what people want from their jobs is forcing companies to rethink their company cultures, their salary packages, and the types of support they need to provide to employees to ensure high levels of productivity and retention.”

Research indicates that , while UN data points to . Work-related stress is also growing and is now , with only 1% of workers saying they’ve never experienced it.

“Business leaders are confronted with the task of balancing their teams’ productivity against the physical and mental wellbeing of each employee,” explains Beveridge.

“As a company providing technology tools and expertise that help companies run better and become more successful, we are in the enviable position to act as both an exemplar of sustainable business practices and an enabler of more sustainable business models,” says Beveridge. “The shift to remote work created a situation where many employees work longer hours than ever before, raising the chances of burnout and forcing companies to implement additional measures to support employees that are working under immense pressure.”

Beveridge advises that business leaders deploy technology tools to dispel uncertainty in their business models and their human capital management strategies. 鈥淐ompanies have an opportunity to be both an exemplar of more sustainable business and employment practices 鈥� for example by reimagining their business models to focus more on longer-term sustainability and value creation 鈥� as well as enablers, by providing tools that assist other companies in their sustainability efforts. As we enter an era of great uncertainty and ongoing volatility, business leaders will need to leverage the latest technologies to ensure they can manage this new balancing act.鈥�

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