October 8 2025 – 51����honoured Australia and New Zealand’s most forward-thinking organisations in the 51����Best Tech Awards 2025, alongside the channel partners who enabled their digital transformation. From more than 100 organisations who competed, winners were selected across 13 categories for disruptive use cases and technology deployments that set new industry benchmarks.

Winning entries were chosen for projects that demonstrated measurable business impact, innovation and leadership in their fields. Judges looked for organisations that used 51����solutions to streamline operations, boost productivity, deliver outstanding customer and employee experiences, harness the power of data and AI and drive sustainable growth.

Commenting on award submissions Angela Colantuono, President and Managing Director of 51����ANZ said, “In today’s unforgiving business environment, standing still is not an option. These award winners show that smart technology investments don’t just cut costs, they unlock new revenue streams, sharpen competitive edge and turn IT into a true growth engine. It’s inspiring to see these organisations and the channel partners they work with re-imagine how value gets created and set the benchmark for their industries.” ��

2025 winners��

• Business Transformation: and ����
• Next Gen Innovator: and
• Industry Disruptor: ����
• Business AI: ����
• Data and Analytics: ����
• ERP Fast Growth: ����
• Intelligent ERP: ����
• Supply Chain Management: ��
• Human Capital Management: ��
• Customer Experience: ��
• Spend Management: ��
• Concur: ����
• The Chris O’Brien Award*: ����

The success of Award entrants was due in no small part to the channel partners involved, with projects by Accenture, Bluetree, Bonfire, Covantage Pty Ltd, Deloitte, Delrae, Discovery Consulting, DXC Technology, EPI-USE, FAIR Consulting Group, Gravity IT, Lagom, MSG Global and SimpleMDG featuring.�� ��

In particular, projects from Accenture, Covantage Pty Ltd, Deloitte, DXC Technology and EPI-USE saw notable success.��

Award recipients were announced in-person at the Art Gallery of NSW on the evening of 7 October 2025.��

The following is a complete list of winners and finalists for the 51����Best Tech Awards 2025:��

Best Tech 51����Business Transformation:��

Celebrating organisations that have successfully implemented 51����Signavio, LeanIX and/or WalkMe to optimise processes and improve operational efficiency. ��

Winners: and ��

Finalists:��

• ��
• ��
• ��

Best Tech 51����Next Gen Innovator:��

Organisations using 51����solutions to drive digital transformation, innovation and agility. ��

Winners: and ��

Finalists:��

• ��
• ��
• ��
• ��

Best Tech 51����Industry Disruptor:��

The 51����Industry Disruptor Award recognises organisations that are leading from the front – pushing boundaries, challenging norms and driving meaningful change through bold innovation. ��

Winner:
Runner-Up: ��

Finalists:��

• ��
• ��
• ��

Best Tech 51����Business AI:��

Artificial intelligence is transforming business by introducing innovative methods and growth opportunities. This Award recognises organisations that have utilised 51����Business AI to enhance operations and achieve significant outcomes.����

Winner: ��

Finalists:��

• ��
• ��

Best Tech 51����Data and Analytics:��

Organisations using 51����data and analytics solutions to gain insights, make data-driven decisions and drive business outcomes. ��

Winner: ��

Finalists:��

• ��
• ��
• ��

Best Tech 51����ERP Fast Growth:��

Organisations harnessing 51����ERP to fuel agility, clarity and confident decision-making during periods of rapid growth.

Winner: ��

Finalists:��

• ��
• ��

Best Tech 51����Intelligent ERP:��

Organisations using SAP’s intelligent ERP solutions to optimise business processes, improve productivity, reduce costs and provide real-time insights into business operations. ��

Winners: ����

Runner-Up: ��

Finalists:����

• ��
• ��
• ��
• ��

Best Tech 51����Supply Chain Management:��

Organisations using supply chain management solutions from 51����to achieve real-time insights into the supply chain, improve collaboration across partners and reduce costs.��

Winner: ��

Finalists:��

• ��

Best Tech Human Capital Management:����

Organisations using 51����SuccessFactors HCM solutions to drive employee engagement, productivity and retention. ��

Winner:
Runner-Up:
Finalists:��

• ��
• ��
• ��
• ��

Best Tech 51����Customer Experience:��

Organisations using 51����Customer Experience solutions to drive customer engagement, loyalty and retention. ��

Winners: ��

Runner-Up: ��

Finalists:��

• ��
• ��
• ��

Best Tech 51����Spend Management:��

Organisations using the 51����Spend Management program and 51����Business Network solutions to provide greater visibility into spend data, reduce costs and increase organisational efficiency. ��

Winner:

Finalists:��

• ��
• ��

Best Tech 51����Concur:��

Organisations using 51����Concur to streamline travel, expense and invoice management. ��

Winner: ��

Finalists:��

• ��
• ��
• ��

The Chris O’Brien Award:��

Organisations using 51����solutions to achieve sustainability goals, improve social impact and create shared value. This award is named after our customer officer, Chris O’Brien, who passed in 2019. Chris founded Buy Undies Give Undies, an organisation that matches every pair sold with one donated to kids in need.

Winner: ��

Finalists:��

• ��
• ��
• ��

For more detail on the Best Tech Awards 2025 and all nominees, .

Visit the��. Get 51����news via����and��.

As a global leader in enterprise applications and business AI, 51����(NYSE:SAP) stands at the nexus of business and technology. For over 50 years, organizations have trusted 51����to bring out their best by uniting business-critical operations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit .

Note to editors:

For more information, press only:
Rebecca English, +61 (0) 438 520 181, rebecca.english@sap.com, AEST
51����Press Room

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP’s 2024 Annual Report on Form 20-F.

© 2025 51����SE. All rights reserved.

51����and other 51����products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 51����SE in Germany and other countries. Please see����for additional trademark information and notices.

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The move follows the completion of its first tranche of work that resulted in avoiding more than NZD$1 million in infrastructure costs over 6 years, 15,000 hours saved in productivity, and $2.2m in profit and loss savings. The team’s focus on a ‘clean core’ – infrastructure that separates core applications from custom modifications – also enabled a recent seamless upgrade of its platform that would previously have required significantly more resources.

The successful establishment of the core technology to digitally enable its finance and supply chain processes will see Zespri move into the second stage of its ambitious, multi-year Horizon transformation programme.

“Zespri’s transformation is entirely focused on creating sustainable, long-term value for our kiwifruit growers by ensuring robust digital platforms enable offering consumers the world’s leading portfolio of branded kiwifruit all year round,” said David Scullin, Chief Digital Officer at Zespri. “Our partnership with 51����has so far seen us distribute more than 193 million trays of kiwifruit across 51 countries through our digital platforms to meet growing global demand.”

“And this is just the start. The next phase of our work will see greater focus on data to improve decision-making, simplify operations, modernise with innovation, and provide higher returns to our grower community.”

As part of that program, Zespri has purchased 51����Sustainability Control Tower as part of its RISE with 51����implementation. The solution will enable Zespri to record, report, and act on environmental, social, and governance (ESG) data, embedded into its business processes.

Ongoing investment in digital transformation

Zespri has been transforming its operations with 51����since 2021, having gone live with 51����S/4HANA Cloud, private edition and 51����Integrated Business Planning in 2022. The implementation also includes capabilities, including , , the 51����Extension Suite, and SAP-endorsed partner solutions from OpenText, Tricentis, and Celonis.

“Our Horizon transformation program is designed to amplify and enhance our business capabilities and creating a seamless, user-friendly experience across our operations,” continued Scullin. “By deepening our use of 51����RISE and S/4HANA, we’ve created a robust, clean core that can scale for success, fuel our data-driven ambitions, and unlock the full potential of our customer, grower, and staff ecosystem.”

Zespri has also invested in an innovative AI-powered Quality Control software with SAP-partner��. The implementation included a specialised mobile app and artificial intelligence engine designed specifically for the fruit and vegetable industry. The new app has modernised quality control processes, achieving 5 per cent improvement in the quality and efficiency of the supply chain, enhancing inspection productivity by 25 per cent, and ensuring that every piece of fruit meets rigorous standards before reaching the consumer.

Angela Colantuono, President and Managing Director of 51����Australia and New Zealand, said: “In the same way kiwifruit growers invest in their orchards and nurture them over time to create something magical, Zespri’s transformation has really shown the value of focus, innovation, and excellence in delivery.

“Zespri has long been one of our most forward-looking customers. As we begin the next phase of their ambitious RISE with 51����program, I look forward to the innovative ways Zespri will continue to grow and delight consumers, boost sustainability, and maintain its amazing returns for growers.”

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Powerlink is a leading Australian provider of electricity transmission network services, with a network extending 1,700 kilometres (km) from Cairns to the New South Wales border and comprising 15,449 circuit km of transmission lines and 152 substations.

The organisation has selected RISE with 51����as it enters the next phase of its transformation, driving further improvements in its operations and delivering faster time to value by leveraging the full breadth of 51����Business AI. This includes SAP’s AI copilot, , which has the ability to enable its people to quickly extract critical information on company services as well asset and financial information using natural language capabilities.

This follows Powerlink’s implementation of 51����S/4HANA and 51����Analytics Cloud in 2022 and 51����Sustainability Control Tower in 2023, which has given the organisation’s teams enhanced analytics, efficiencies in budget planning and improved financial reporting capability.

Powerlink Chief Executive Paul Simshauser said the latest implementation had also strengthened the organisation’s sustainability reporting through the consolidation of auditable climate-related metrics aligned to Australian and International standards

“Powerlink has a long-standing relationship with SAP, reaching a 25-year milestone this year, that has delivered significant value to our organisation with recent uplifts in data management, automation and self-service,” Mr Simshauser said.

“We opted to accelerate our move to RISE with 51����as it is a natural progression of our digital transformation and AI advances. With many of our mission critical processes already running on SAP, having the ability to leverage 51����Business AI capabilities will deliver tremendous value to our people.”

Powerlink’s General Manager Business IT and Digital Delivery, Mark Pozdena, said the move to RISE with 51����also offers Powerlink a range of new capabilities. This includes increased platform security and functionality such as new visualisation tools for the administration of critical asset information used organisation-wide in the management of a vast and growing transmission network.

“We plan to move to RISE with 51����by the end of the calendar year to take advantage of new innovations within the platform and offer new capabilities to our people,” Mr Pozdena said. “Importantly, RISE with 51����offers increased security and availability, which is critical to us in this day and age.”

Speaking at 51����Now ANZ in Sydney this week, Angela Colantuono, President and Managing Director, 51����Australia and New Zealand said, “Every organisation today requires cloud-enabled systems and processes to unlock untapped productivity gains.

“For Powerlink Queensland, turning to RISE with 51����and leveraging the full breadth of 51����Business AI will help achieve faster time to value for many of its organisational processes, empowering its staff through data-driven analytics so they can focus on delivering improved experiences for its customers.

“Furthermore, new innovations in 51����Sustainability Control Tower will enable Powerlink to automatically report on its environmental, social and governance data, significantly reducing the amount of time and effort required for reporting and driving further productivity gains.”

The post Powerlink Queensland selects RISE with 51����to leverage full benefits of 51����Business AI appeared first on 51����Australia & New Zealand News Center.

Off the back of a report by The Hackett Group: 2024 Finance Key Issues – January 2024, The CFO Agenda by Shawn Fitzgerald, Jim O’Connor and Tom Willman. Looking at the top three priorities I provided practical advice based on existing capabilities that organizations may be unaware of and could implement today.�� Below is a summary:��

The top 3 finance priorities for 2024 are hardly unexpected, with organisations continuing to focus on managing costs, gaining access to insights to support informed decisions making and securing�� working capital to execute plans. The key insights that I derived from the report are:��

1. Cost Management and Optimisation

• Finance increase workload will continue to create productivity and efficiency gaps – in other words we need to find a way to do more with less.��

• Finance are counting on technology to fill the gaps – currently high levels of dissatisfaction as not necessarily seeing expected benefits.��

• Wise to explore as part of a deliberate and sustainable cost reduction approach – expected over next five to seven years result in a 40% reduction in SG&A costs and staff

2. Cash Flow Performance, Liquidity and Working Capital��

• Cost of Working Capital is on the rise, with liquidity coming at a cost premium��

• Finance must optimize working capital – by focusing on strengthening supplier terms, inventory management and collections management.��

3. Data (Timeliness, Completeness, Reliability), Insights and Actionable Analytics��

• Organisations are not fully deploying data-related technologies��

• Staff need to be trained and upskilled on using tools��

• Need greater access to self-service and data discovery tools��

• Need to implement advanced analytics tools��

��

With S/4HANA you have a technology that is designed to improve productivity and efficiency and drive automation it is important that you leverage the underlying technology and the functional capabilities so you don’t fall into a trap of not seeing the benefits of your investment. Below is a snapshot of the practical advice I shared:��

• Cost Centre Budget Availability Controls – new in S/4HANA is the ability to activate Budget Availability Controls on the Cost Centre. Once enabled this allows you to fully leverage the Cost Centre Budget Report.��

Fig 1 – Cost Center Budget Report��

��

• Situation Handling – proactively alerts users to exception events that require attention, proposing resolutions or automating the resolution process driving efficiency. You can see this in action based on a Goods Receipt/Invoice Receipt example: ��

��

• Business AI – Joule is SAPs AI Copilot which is powered by Generative AI and designed to empower users in executing everyday tasks more efficiently. Launching this year, you can see an example here: ��

��

• Cash Flow Analyzer – provides a clear cash position insights with visibility of future cash flows supporting the ability to make decisions.��

��

��

• Embedded Analytics – with S/4HANA there are over 250 analytical apps that enable real-time reporting via self-service approach driving insights to action. We looked at the different styles of embedded analytics from Smart Business KPIS, Overview Pages, Analytical List pages, Multi dimensional Reports and Dashboards.��

��

Fig 2 – Example of Multi-dimensional report – Trial Balance��

��

• Advanced Analytics – On top of the embedded analytics within S/4HANA introducing opens the opportunity to:��

• Use Just Ask – ability to ask questions in natural language and get answers using .��

• Predictive Planning – combining the planning with predictive forecasting to accelerate the planning cycle.��

• Time series Forecasting – predict future values of a series based on historical data.��

• Smart Predict – the ability to build trusted and actionable predictions without the need to be a data scientist.��

��

For more information on these Advanced Analytics topics take a look at .��

��

In conclusion, let’s break the mould and not be one of the companies in the survey that have invested in technology yet did not realise the expected benefits, instead let’s cultivate curiosity and explore the realm of possibilities. While I have imparted a few tips, they merely scratch the surface of what can be achieved. I encourage you to take the following steps:��

��

• Take time to review the Fiori Application Library for Analytical Apps applicable to your organisation or role. ����

• Explore the integrated Automations & Business AI that are currently available. ��

• Identify manual tasks and consider employing 51����Build for automation.��

��

By embracing curiosity and investigation, you’re one step closer to streamlining your finance processes and focusing on driving your business forward.��

The post Leveraging 51����S/4HANA to Address 2024 Top Finance Priorities appeared first on 51����Australia & New Zealand News Center.

It is not an easy decision to make and requires deep analysis relating to their current operating model, the resource and skill mix available and SAP’s future roadmap and strategy. Organizations also need to identify the expected operational, commercial and process benefits to justify the move to RISE and change their status quo.

Having been associated with since its inception, I have seen how SAP’s offering has matured over the years. 51����is making significant investments into the operational and delivery capabilities of RISE. SAP’s strategy has also evolved to fully support this cloud model. It is my firm belief that NOW is the right time for customers to decide and move to RISE with SAP. Here are some of the reasons.

Maturity

RISE with 51����was launched by SAP’s CEO, Christian Klein in January 2021. Since then, the offering has matured significantly. The commercialisation of a large proportion of SAP’s ��previously on-premise solution offerings has occurred to allow them to now be offered in the cloud model.

There has been significant investment in tools, automation and people so that the delivery of the cloud service is world class. The ‘Enterprise Cloud Services’ or ECS organisation is the delivery arm of 51����for the RISE offering where these investments have occurred.

ECS supports the operational delivery & support of the RISE offering and is separate to the implementation services which implements S/4HANA. ECS is purely involved in the operational, day-to-day, business-as-usual (BAU) maintenance and management of customer’s 51����landscape under RISE.

New Board Area – Customer Services & Delivery

At the start of 2024, a new board area was established called, ‘Customer Services & Delivery’ which brings together all the resources involved in the architecture and delivery of RISE and associated services. This board area now has architecture and pre-sales teams involved in architecting our customer’s cloud solutions (Cloud architects), the services teams that implement the S/4HANA capabilities (Services teams) and the teams involved in the actual day-to-day operational delivery of service for RISE customers (ECS team).

This was a strategic decision and is extremely important as it reflects the internal transformation within 51����as it expands from an engineering, product development, and a sales organisation, into a cloud service provider ensuring customer success through adoption and delivery of cloud services and focuses on achieving successful customer outcomes.

Our customers will gain from RISE with 51����by utilising SAP’s expertise and experience in managing S/4HANA customers globally and benefiting from SAP’s focus on customer adoption and outcome driven approach.

You can read about these here.

Incentives

Since RISE with 51����launched, 51����has been listening to customer feedback and has released the RISE with 51����Migration and Modernisation program in Jan 2024. The news article is here.

Through this program 51����recognises the complexity of the transformation required and offers to actively support customers on their journey to the cloud and to help make the transition easier.

The program offers customers a Migration Methodology to provide guidance across their migration journey, providing roadmaps for innovations, and more significantly, it offers commercial incentives for customers moving to RISE.

This incentive is called the RISE Transformation Incentive and is a limited time fund through till the end of 2024 that 51����has created to support customers moving to RISE. Through this program, 51����customers can leverage this fund and receive incentives in the form of credits as a means of offsetting some of the costs involved in their transformation journeys.

This incentive will be offered to current 51����S/4HANA and 51����ECC on-premise customers moving their 51����landscape to RISE and they will stand to gain credits as a percentage of the amount of their RISE with 51����subscription. These credits can be utilized to offset either the on-premise maintenance costs, implementation services costs or the cost of the RISE subscription fee itself.

To date I have engaged with several customers that have benefited from this incentive. It is my view that this incentive fund represents a significant opportunity for customers to initiate their move to RISE in 2024.

Partner Ecosystem

When RISE was first launched, our partner ecosystem was quite apprehensive. However, over time, our partners have also understood that RISE with 51����is at the core of the 51����Cloud Strategy and have now jointly worked with 51����to tailor their own offerings based on the RISE implementation methodologies.

Several of SAP’s partners have also become RISE customers including Accenture, IBM, Wipro, HCL, Microsoft, which further goes to show the strength of the offering and the trust that partners, most of whom have their own 51����practices, bestow upon 51����in managing their 51����landscapes for them.

So, if you are sitting on the fence and trying to decide whether the time is right to move to RISE, I would say that 2024 is definitely the year you should make the decision and take the plunge. I can safely say that you will get the kind of support from 51����that you would have never seen before!

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SEATTLE and WALLDORF��— Amazon Web Services (AWS), an Amazon.com company (NASDAQ: AMZN), and����(NYSE: SAP) today announced an expanded, strategic collaboration to transform modern cloud enterprise resource planning (ERP) experiences and help enterprises drive new capabilities and efficiencies with generative artificial intelligence (AI).

Together, AWS and 51����are striving to make it easier for customers to adopt the RISE with 51����solution on AWS, to improve the performance and efficiency of 51����workloads running in the cloud and to embed generative AI into an enterprise’s entire portfolio of business-critical applications.

“AWS was the first cloud provider certified to support the 51����portfolio and today, thousands of enterprise companies run 51����solutions on AWS to get the most out of their mission-critical applications,” said Matt Garman incoming CEO at AWS. “Now, AWS and 51����are making it faster and easier for companies to apply generative AI to their core business data to become more efficient, responsive and sustainable.”

“Partnerships like this collaboration with AWS are critical as we embed generative AI solutions across our ERP applications so that customers can drive innovation at an accelerated pace,” said Christian Klein, Chief Executive Officer of 51����SE. “In addition to delivering modern cloud ERP to our joint customers, we are excited to support Amazon on their own transformation journey as they adopt RISE with 51����for pioneering areas such as Project Kuiper, Amazon’s satellite initiative intended to increase global broadband access.”

Generative AI Models from Amazon Bedrock Available on the Generative AI Hub in 51����AI Core

The generative AI hub in 51����AI Core infrastructure provides customers with secure access to a broad range of large language models (LLMs) that can easily be integrated into 51����business applications. With the integration of generative AI models from Amazon Bedrock such as the Anthropic Claude 3 model family and Amazon Titan, 51����customers will be able to access high-performing LLMs and other foundation models (FMs) to build applications customized with their own data. Tens of thousands of customers use Amazon Bedrock to easily, quickly and securely build and scale generative AI applications using FMs from leading AI companies such as AI21 Labs, Anthropic, Cohere, Meta, Mistral AI, Stability AI and Amazon.

With this integration, 51����customers may accelerate the adoption of generative AI and modernize key business processes built on 51����solutions. These innovations can be used in embedded use cases within RISE with 51����and the intelligent scenario lifecycle management functionality as an integration component or side-by-side directly on 51����Business Technology Platform (51����BTP). 51����and AWS plan to expand the use of Bedrock capabilities in the generative AI hub to further enable embedded AI functionality within SAP’s portfolio of cloud solutions and applications. This includes additional use cases across finance and product lifecycle management.

51����to Use AWS Chips to Train and Deploy Future 51����Business AI Offerings

SAP’s use of��AWS Graviton3 chips to support 51����HANA Cloud��helps to deliver performance gains, cost savings and energy efficiency to SAP. By using Graviton3-based Amazon Elastic Compute Cloud (EC2) instances, 51����has realized up to 30% better compute for analytical workloads and an estimated 45% reduction in carbon footprint for 51����HANA Cloud. Now 51����and AWS are collaborating on the next generation of Graviton4 for 51����HANA Cloud and additional 51����applications to continue to improve performance and efficiency. Based on the success of running 51����HANA Cloud on AWS Graviton, 51����plans to use AWS Graviton to support 51����solutions and applications such as 51����BTP, 51����Datasphere, 51����Analytics Cloud and the 51����Cloud ALM solution.

51����plans to use����and����chips, purpose built for AI and machine learning (ML) workloads, for training and deploying future 51����Business AI offerings. Using Trainium and Inferentia2-based instances in a proof of concept, 51����engineers trained and fine-tuned generative AI LLMs in two days versus 23 days with comparable Amazon EC2 instances. By leveraging Trainium’s specialized architecture designed for efficient ML model training, 51����can accelerate the development process while maintaining high levels of accuracy and reliability.

Increased Performance for RISE with 51����on AWS

Thousands of customers have selected RISE with 51����on AWS to run their largest, most complex, global 51����solution implementations. Now generally available, the next-generation Amazon EC2 High Memory U7i instances offer up to 32TiB of memory in a single instance and provide customers the memory and flexibility they need to support expanding 51����HANA database requirements. Amazon EC2 High Memory U7i instances are the first DDR5 memory-based 8-socket offering by a leading cloud provider to improve the performance of memory-intensive applications such as 51����S/4HANA Cloud as part of RISE with SAP.

Amazon’s Project Kuiper Selects RISE with SAP

Amazon companies, including Twitch, Zappos.com and Zoox Inc., already use 51����software on AWS to support their operations. And now Project Kuiper—Amazon’s satellite broadband network—is deploying RISE with 51����to support its complex supply chain and manufacturing operations and get the best performance and most value out of its mission-critical 51����software. Running 51����solutions on AWS allows Kuiper to take advantage of the latest 51����capabilities embedded in RISE with 51����to help drive impactful transformation, accelerating company decisions and enhancing overall performance and productivity.

Hundreds of millions of people lack adequate internet access and Project Kuiper’s goal is to help close the digital divide by delivering fast, affordable broadband to a wide variety of customers operating in places without reliable internet connections. Delivering on that vision requires Kuiper to build satellites at an unprecedented rate. RISE with 51����allows the Project Kuiper team to leverage the most reliable and scalable infrastructure to run a modern, cloud ERP as a managed service, so they can focus on innovation instead of IT management.

To learn more about the 51����and AWS partnership, tune in to the��, June 3-5, in Orlando.

The post AWS and 51����Unlock New Innovation with Generative AI appeared first on 51����Australia & New Zealand News Center.

Navigating Challenges of Start-Up Mining

One dominant theme was the challenges faced by startup miners and service companies.

Foremost amongst these hurdles is the lengthy and convoluted approval process overcome by a lack of understanding amongst government officials. The need for enhanced education and an overhaul of the approval system was strongly emphasised. Labor market issues and insufficient expertise on junior boards also emerged as significant concerns.

It was pointed out that China’s processing capabilities outstrip Australia’s, largely due to being more adept at navigating bureaucratic hurdles. Collaboration, coordination, and taking a holistic approach to processing were, therefore, advocated as crucial strategies for Australia’s mining sector.

Key issues highlighted included difficulties in attracting the necessary talent, managing the investment sequence for expansion, and contending with commodity price cycles. The panellists underscored the importance of investing in knowledge building and engaging trainers in fostering a skilled workforce.

The event also brought forth an interesting comparison between the approaches of South American countries and Australia in the realm of rare earth minerals. Participants noted the agility, hard work, and willingness to embrace new technologies as key factors fuelling South America’s lead in this space.

The Changing Role of CFOs

One of the most striking aspects of the discourse was the continually evolving role of CFOs, particularly in light of digitisation and the growing focus on sustainable projects. Finance leaders were encouraged to prioritise digital strategy, integrate technology, and introduce carbon accounting.

The CFO’s role essentially needs to be both proactive and strategic, harnessing technology to meet not only contemporary challenges but also pre-empt future trends, including regulatory shifts and the necessity for certified mineral sources.

Spotlight on Artificial Intelligence

is certainly a new buzzword – but how much of a role we see it playing was an interesting discussion. In some sense Mining companies have been using AI in operations for some time, using advanced algorithms to optimise plants and even go as far as automating truck fleets etc.. So in the operational space AI will just evolve to become more of an evolution on what they are doing. In other areas of the business however the opportunity for AI is still largely under explored. Some ideas however were discussed like using AI to help advance recruiting and writing more effective job descriptions as an example. Automating back office roles was also seen as beneficial especially if that gave some additional advantage to M&A or growth opportunities.

In conclusion, as Australia navigates its way through the race to a sustainable future, hard work, innovative thought, efficiency, and long-term planning emerged as key touchstones from the discourse at the ENR Exec Connect Lunch. By addressing these themes, Australia’s mining sector can reclaim its position of leadership in the global market.

For more information on how to grow your business and make decisions fast please .

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“These may not be sexy questions, but they’re very important” – Amy Webb

 

4. Use ERP to manage your transition to the cloud

As cloud architecture evolves, it becomes easier to use. There’s no need to employ highly technical people or staff to reap the cloud’s benefits.

Julia White, chief marketing and solutions officer and a member of the 51����executive board, who also spoke at the 51����Growth Summit, says the wonderful thing about cloud-based solutions is the access they give any size organisation to the most sophisticated business applications.

“Growing companies with only a small IT team can access the same powerful business capabilities as much larger organisations,” White says. “Cloud drives performance and makes you more agile and flexible. It’s a way to think through the future.”

Corporate food franchisee Restaurant Brands is one business that is forging ahead with its digital transformation, adapting to change and freeing up more resources across the organisation to focus on opportunities for growth.

Thuy Le-Kim, group systems accountant and product owner at Restaurant Brands, wanted a system that would be able to grow and evolve with the business. After implementing 51����solutions, the business now has consistent processes, which means it can increase in size without needing to dramatically increase the number of people running the business.

5. Use AI and automation to resolve choke points in the supply chain

51����works with some of the world’s largest companies, whose supply chains are often the choke points in their operations. This is because many businesses are still managing their supply chains in the same way as before the pandemic and other recent global events. But supply and demand dynamics have fundamentally changed.

Webb says: “It’s not enough to rely on historic data when you’re thinking about your supply chain; you can’t assume what was true before will be true going forward. Over the past few years, there has been a big push to automate the supply chain through AI cloud.”

When you’re running different scenarios and simulations, AI can help you figure out what might be possible in the supply chain, given current or potential conditions.

“People who work in financial planning already do this,” Webb says. “They use no, slow, medium and fast growth scenarios and apply them to the supply chain. Then, use cloud-based, automated tools to figure out how production needs to change through demand forecasting and analytics. Artificial intelligence then becomes a very strong use case throughout the supply chain and logistics industry to unlock business opportunities.”

It also starts to resolve choke points and streamline decision processes. “You want to reduce uncertainty as much as possible. So consider many different scenarios and automate some steps to help you make decisions.”

White says that ultimately it’s about embracing the technology and using it to your advantage: “I know sometimes it can feel overwhelming, but it’s about taking that first step and embracing it because that’s what’s going to underpin growth.”

This article originally appeared in The Guardian Labs

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