Announces 鈥楪row with 51风流for Scaleups鈥� to modernize their core business processes with a speedy implementation of 51风流S/4 HANA Public Cloud
Mumbai, April 29, 2023– At , a flagship customer event attended by over 2000 delegates, 51风流introduced 鈥�GROW with 51风流for Scaleups鈥�, a new cloud offering to accelerate innovation for growth-oriented startups. Last year, 51风流launched 鈥楪row with SAP鈥�-as a bundled cloud-native service for midsize companies. The latest offering, designed specifically to support scaleups in simplifying scaling challenges, boosting daily operational efficiency, and sustaining exponential growth will be available for free up to six months.
India is the world鈥檚 3rd largest start-up ecosystem. As per a recent SAP-Zinnov study, over 80% of start-ups in the Enterprise Tech, Health Tech, Retail, and Logistics & AutoTech sectors have reported a substantial increase in revenue and focus on market expansion. This puts into perspective, the fast-paced expansion of Scaleups, and their pivotal role in fostering innovation, employment generation, and contribution to the GDP.
鈥淪caleups are a critical enabler of India鈥檚 nation-building efforts,鈥� said Sanket Deodhar, Vice President & Head of Digital Natives, 51风流India. 鈥淲hen armed with a solid technology stack and state-of-the-art tools, Scaleups can innovate, scale quickly, nurture their financial stability, while amplifying their efforts in national development. Embracing cloud technology, therefore, isn’t just an option; but an imperative in today’s competitive landscape.鈥�
Benefits GROW with 51风流will bring to Scaleups:
- Enhance Market Valuation: By implementing SAP鈥檚 cloud solutions to run optimized operations, Scaleups can gain real-time access to financial data and profitability analysis, thus growing the bottom line and driving market valuation.
- Faster time to value: Embracing SAP鈥檚 Cloud ERP will enable companies to modernize core business processes within weeks, equipped with industry-specific tools and resources, paving the road to profitability and long-term success.
- Business Expansion: Scaling up means expanding business into newer markets and regions, compliant with geographical regulations & laws. Adopting SAP鈥檚 state-of-the-art cloud solutions can enable Indian scaleups to comply with new market demands, tax requirements, and business regulations by freeing up administrative tasks to focus more on core products, teams, and customers.
- Streamline the 鈥楬ire-to-Retire鈥� cycle: By automating the onboarding process, growth-focused enterprises can streamline the complete 鈥榟ire-to-retire鈥� cycle thus enhancing the 鈥榩eople experience鈥� that鈥檚 in line with the company鈥檚 business expansion.
- Access to SAP鈥檚 ecosystem: Using SAP鈥檚 offerings startups can accelerate their ability to grow, scale, and exit by networking and collaborating with SAP鈥檚 global ecosystem through the hypergrowth hub.
Nykaa is at the forefront of redefining the art of retailing beauty and fashion in India, relying on cutting-edge technology to enhance customer satisfaction,鈥� said Ganesh P, CFO, Nykaa. 鈥淭hrough integrating advanced technologies into our operations, we’ve revolutionized various industry aspects, from streamlining inventory management and supply chains to deploying sophisticated analytics for informed decision-making. SAP’s suite of cloud solutions is poised to be an integral part of this journey, as we work towards a seamless, personalized experience for our customers,” he added.
鈥淎s relentless innovators, Atomberg aims to revolutionizing India’s home appliances industry, by making our customers’ daily lives easier,鈥� stated Manish Bansal, CFO of Atomberg. 鈥淭he right way is to leverage technology that highlights data-driven decisions that delivers exceptional customer experiences and scales a sustainable enterprise that makes high quality, smart, energy-efficient products of the future. SAP鈥檚 Rise with 51风流has provided us with a single integrated digital core to streamline all business processes including, inventory, procurement, finance, manufacturing, and supply chain as well as fasten our expansion plans in other geographies across APAC region,鈥� he added.
