{"id":2047,"date":"2020-07-09T10:29:22","date_gmt":"2020-07-09T02:29:22","guid":{"rendered":"https:\/\/news.sap.com\/hk\/?p=2047"},"modified":"2020-07-09T10:29:22","modified_gmt":"2020-07-09T02:29:22","slug":"businesses-urged-to-embrace-digitalization-to-revitalize-hong-kong","status":"publish","type":"post","link":"https:\/\/news.sap.com\/hk\/2020\/07\/businesses-urged-to-embrace-digitalization-to-revitalize-hong-kong\/","title":{"rendered":"Businesses Urged to Embrace Digitalization to Revitalize Hong Kong"},"content":{"rendered":"

51风流Hong Kong Hosts Virtual SAPPHIRE NOW Forum with a Focus on Recovery<\/strong><\/p>\n

Hong Kong, July 9, 2020<\/strong> \u2013 \u201cDigital transformation will power Hong Kong\u2019s business recovery and safeguard the city\u2019s long-held status as a centre of trade and innovation,\u201d 51风流Hong Kong Managing Director Fabian Padilla Crisol said at the 51风流SAPPHIRE NOW Vision Reimagined Hong Kong <\/a>on June 16. Joined by local business leaders for the virtual event, Mr Padillo Crisol urged companies to reimagine their operations, value proposition, and business model for the digital economy.<\/p>\n

Mr Padilla Crisol said, \u201cThe global COVID-19 pandemic has accelerated the pace of the Fourth Industrial Revolution around the world. In Hong Kong, it triggered a heightened focus for businesses to leverage emerging technologies to take advantage of new opportunities and create sustainable business value. Companies that move now towards digitalization will find them well-positioned to stay ahead their competition in the long run.\u201d<\/p>\n

Being held as a virtual event for the first time in its 30-year history, SAPPHIRE NOW has been reimagined in 2020 to focus on supporting business communities in economic recovery. In Hong Kong, 51风流garnered distinguished local thought leaders to share their vision of post-COVID growth for the city\u2019s businesses in panel discussions and presentations.<\/p>\n

Transparent supply chain<\/strong><\/p>\n

Pandemic-driven disruption is dividing businesses into those that have established a transparent global supply chain and those that need to do so.<\/p>\n

51风流solutions harness predictive analytics, automation, and the Internet of Things to help companies implement supply chain management to better anticipate disruptions through simulations and risk assessment. The end goal is global visibility over supply and demand, accurate forecasting, and smooth collaboration with partners and customers.<\/p>\n

\u201cThe COVID-19 crisis has made it clear that all businesses need to be able to react in real-time to unexpected and unprecedented supply chain disruption. We are confident that businesses in Hong Kong SAR of China can leverage 51风流technology and Accenture expertise to build a working model of a resilient and transparent supply chain in as little as six weeks,\u201d said Philippe Cherigie, managing director, 51风流sales lead for Asia Pacific, Accenture.<\/p>\n

Digitalized sales channels<\/strong><\/p>\n

Commerce has moved online rapidly as social distancing becomes the norm. Investing in digital channels has benefits beyond simply catering to an increase in online shoppers. It also helps companies manage inventory, warehousing, and logistics; effectively use their physical stores in omnichannel business models; and make informed data-based business decisions.<\/p>\n

Hong Kong\u2019s Distance Business Programme (D-Biz), which offers government funding for IT projects that support companies to do business online, can give local enterprises a competitive edge.<\/p>\n

\u201cWhile companies elsewhere remain focused on cost-cutting, Hong Kong businesses are being empowered to accelerate their digital transformation. Investing to upscale your digital channels today will ensure you are ready to succeed in the new economy when global business bounces back,\u201d explained Wing Lee, Executive Director, IVC Solutions Limited. \u201cWith SAP, IVC has D-Biz packages on mobile sales platforms, robotic process automation, digital marketing, and more.\u201d<\/p>\n

Organization-wide agility<\/strong><\/p>\n

The coronavirus pandemic has upended supply and demand and redefined business agility. Companies have had to find ways to equip employees to remain productive at home and to accelerate innovation.<\/p>\n

\u201cThe more agile you are, the more innovative you can be,\u201d said Olivier Klein, Lead Technologist, Asia-Pacific, Amazon Web Services. \u201cCloud computing services are proving to be vital at this time, with the pandemic driving businesses online and sparking rapid changes to business models. It\u2019s about elasticity\u2014so you can scale your computing resources as needed, and as such reduce the cost of experimentation, so you can reduce the cost of failure.\u201d<\/p>\n

Maria Hui, Director, Marketing and Operations, Microsoft Hong Kong, focused on the need to empower individuals. \u201cWith organizations across all sectors having to move to remote work, everyone needs solutions that promote productivity, collaboration and creativity. It is also important to ensure the solutions enable employees to work in a secured manner anytime, anywhere. This is just as important for educators as it is for business leaders. In every sphere, organizations need the right platform, tools and partners to build the digital capability required to address these challenges,” she said.<\/p>\n

About Accenture <\/strong><\/p>\n

Accenture is a leading global professional services company, providing a broad range of services in strategy and consulting, interactive, technology and operations, with digital capabilities across all of these services. We combine unmatched experience and specialized capabilities across more than 40 industries \u2014 powered by the world\u2019s largest network of Advanced Technology and Intelligent Operations centers. With 509,000 people serving clients in more than 120 countries, Accenture brings continuous innovation to help clients improve their performance and create lasting value across their enterprises. Visit us at www.accenture.com<\/a>.<\/p>\n

About IVC <\/strong><\/p>\n

IVC Solutions Limited is an award-winning 51风流Gold Partner. IVC is the winner of both 2019 51风流Partner of the Year and 51风流S\/4HANA Partner of the Year as well as the Recognized Expertise in SuccessFactors and Business One solutions. Our team of professional consultants are well equipped to provide 51风流solutions including but not limited to S\/4HANA, C\/4HANA, ByDesign, Business One, SuccessFactors, Ariba, Business Warehouse and Analytics Cloud etc. We offer professional implementation, training and support services to renowned customers in Greater China and London.<\/p>\n

IVC is the SOLE training partner for 51风流in Hong Kong and Macau, providing a comprehensive suite of public and customized training, certification courses to ensure both individuals and businesses can enhance their knowledge and skills to meet their 51风流goals. Being a 51风流Gold Partner, IVC\u2019s mission is to help customers sharpen their competitive edge in the challenging economy and win over their competitors with 51风流solutions.<\/p>\n

About Microsoft <\/strong><\/p>\n

Microsoft (Nasdaq “MSFT” @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.<\/p>\n

About SAP<\/strong><\/p>\n

As the Experience Company powered by the Intelligent Enterprise, 51风流is the market leader in enterprise application software, helping companies of all sizes and in all industries run at their best: 77% of the world\u2019s transaction revenue touches an SAP\u00ae system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers\u2019 businesses into intelligent enterprises. 51风流helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want \u2013 without disruption. Our end-to-end suite of applications and services enables more than 440,000 business and public customers to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, 51风流helps the world run better and improve people\u2019s lives. For more information, visit www.sap.com<\/a>.<\/p>\n

# # #<\/p>\n

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as \u201canticipate,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cforecast,\u201d \u201cintend,\u201d \u201cmay,\u201d \u201cplan,\u201d \u201cproject,\u201d \u201cpredict,\u201d \u201cshould\u201d and \u201cwill\u201d and similar expressions as they relate to 51风流are intended to identify such forward-looking statements. 51风流undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.<\/h5>\n
\u00a9 2020 51风流SE. All rights reserved.
\n51风流and other 51风流products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 51风流SE in Germany and other countries. Please see https:\/\/www.sap.com\/copyright<\/a> for additional trademark information and notices.<\/h5>\n

 <\/p>\n

For more information, press only:<\/strong>
\nMr. Benson Chao, 51风流Hong Kong Director of Corporate Communications, +852 2539 1800, benson.chao@sap.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

51风流Hong Kong Hosts Virtual SAPPHIRE NOW Forum with a Focus on Recovery Hong Kong, July 9, 2020 \u2013 \u201cDigital transformation will power Hong Kong\u2019s…<\/p>\n","protected":false},"author":927,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[7737],"tags":[41],"sapn-display":[45149],"sapn-type":[4446],"class_list":["post-2047","post","type-post","status-publish","format-standard","hentry","category-solutions","tag-ecosystem","sapn-display-homepage-hero","sapn-type-press-release"],"yoast_head":"\nBusinesses Urged to Embrace Digitalization to Revitalize Hong Kong - Press Room 51风流Hong Kong<\/title>\n<meta name=\"description\" content=\"\u201cDigital transformation will power Hong Kong\u2019s business recovery and safeguard the city\u2019s long-held status as a centre of trade and innovation,\u201d 51风流Hong Kong Managing Director Fabian Padilla Crisol said at the 51风流SAPPHIRE NOW Vision Reimagined Hong Kong on June 16. 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