GROW with 51��Archives - 51��India News Center

Technology will catalyze India’s Techade goals

51��India — Mon, 08 May 2023 04:33:54 +0000

As India bets on the power of technology “to accomplish its ambitions and economic powerhouse”, the honorable Shri Rajeev Chandrasekhar, Union Minister of State for Electronics and Information Technology and Union Minister of State for Skill Development and Entrepreneurship, stated, “Today, India has emerged as a pre-eminent nation in using technology to transform citizen’s lives, democracy and governance. Our early investments in digital public infrastructure and our ease of doing business policies have empowered our startup and innovation ecosystem, catalyzing India’s Techade goals. In the coming years, you will also see India as an important player in the electronics and semiconductor GVCs as well as realize our vision in the years to come.”

Addressing a gathering of India’s most eminent business leaders, tech visionaries, and practitioners from across industries under one roof at , the honorable minister reaffirmed his confidence in technology and the role it will play in strengthening India’s position in shaping the global growth story.

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On April 20, 2023, 51��India brought together over 100 speakers and 2000 delegates to engage in insightful keynotes and interactive discussions on technology’s role in India’s journey to becoming an inclusive, sustainable, resilient economy. At the event, the company showcased dedicated solution theatres and engaging demos covering everything from Cloud ERP, Digital Supply Chain, 51��BTP, ISBN, HXM, CX, Sustainability, and Cloud Success Services. also announced GROW with SAP, a new offering to help midsize customers in India adopt that enables speed, predictability, and continuous innovation. The GROW with 51��offering also brings together , with accelerated adoption services, a global community of experts, and free learning resources, helping customers go live in a few weeks.

The post Technology will catalyze India’s Techade goals appeared first on 51��India News Center.

Targeting India’s MSMEs with solutions running global enterprises

51��India — Tue, 02 May 2023 02:10:21 +0000

Germany-headquartered enterprise resource planning (ERP) software provider SAP, launched its latest platform — Grow with 51��— targeting India’s micro, small, and medium enterprises (MSMEs). In December last year, Kulmeet Bawa, India’s president, and managing director, said that the country was already one of the fastest-growing for ERP market leader last year. Now the company is targeting the country’s micro, small and medium-sized businesses (MSMEs). In an interview, Paul Marriott, president, of Asia-Pacific and Japan discussed how this strategy will work. Edited excerpts:

51��has offered ERP solutions in India for a long time. How would the new platform be any different?

We recognize that the SME sector in India is 80% of the entire Indian market, and we sought to offer the same global solutions that run global enterprises — with a value-centric approach to businesses in India. Grow helped us accelerate the timelines of bringing a price-conscious ERP cloud solution to the Indian mid-market.

In India, mid-market businesses are incredibly price-conscious. They need a palatable entry point to tech solutions and also need rapid delivery of the product so that they can go live on cloud platforms quickly. Grow was focused on creating a package of rapid adoption services that massively accelerate cloud migration timelines for tens of thousands of companies in India. It brings the same enterprise ERP that all big companies have benefitted from, for so many years, at scale into the price-sensitive market.

What does this ‘rapid timeline of adoption’ that you spoke about imply?

It is a cloud infrastructure that runs locally here. Two years ago, we invested around ₹500 crores in local cloud infrastructure and localization of the product, which is important as India is shaping or already has its own taxation and regulatory requirements. Now more than ever, it is important to have the solution running in India because of data sovereignty and regulation. We deploy our solutions on one of the three global cloud hyper scalers — Google Cloud Platform, Amazon Web Services, and Microsoft Azure.

Having the solution running locally in India not only helps us accelerate its deployment and deliver quickly to clients but will also help us make it available at scale all across the country.

What is the primary challenge in reaching out to small businesses with cloud migration platforms?

Value still remains the biggest challenge, which is why we sought to create a platform that is primarily price sensitive, rapidly implementable and scalable in terms of the value of the services. Creating an ecosystem is also crucial in order to enable such services at scale — while we do have a lot of global partners, what’s really important is that there has to be activation of local business partners here in India as well.

You say that customer experiences will play a key role within SAP’s push for MSME adoption. Would generative AI factor into this as well?

Absolutely. We’ve been embedding AI into our applications for many years, since it is the fundamental path to process automation. We have been using AI to automate business processes at scale already. Now, with generative AI, large language models, and specific APIs like ChatGPT, we enable them through our open business technology platform — it’s an open platform, so it supports open-source AI APIs, as well as ChatGPT itself. If you are using Grow, this entire open platform becomes immediately available to MSMEs.

Alongside AI, through the open API deployment platform, we’ll enable access to other technologies such as sustainability solutions, and even a supply of financing networks that are made available through Taulia — a company that we’ve acquired. We can add future tools and technologies to this as well, as this becomes available.

This interview originally appeared in Mint on April 27, 2023.

The post Targeting India’s MSMEs with solutions running global enterprises appeared first on 51��India News Center.

GROW with 51��Brings Proven Cloud ERP Benefits to Midsize Customers in India

51��India — Thu, 20 Apr 2023 03:21:18 +0000

Mumbai, April 20, 2023– At , an event attended by 2000 delegates, (NYSE: SAP) announced GROW with SAP, a new offering to help midsize customers in India adopt cloud ERP that enables speed, predictability, and continuous innovation. The GROW with 51��offering also brings together 51��S/4HANA Cloud, public edition, with accelerated adoption services, a global community of experts and free learning resources, helping customers go live in a few weeks.

GROW with 51��also includes 51��Business Technology Platform, so customers can define their own processes in a cloud-native way using 51��Build. With 51��Build solutions, business users can create enterprise apps, automate processes, and design business sites without writing code, an important asset for those closest to the business who can create the solutions they need.

As India accelerates its journey to become the world’s third largest economy, midsize companies are a critical enabler of the country’s digital transformation that serves everyone by generating employment and contributing to the GDP.

“Cloud technology is revolutionizing ERP. Midsized companies today are looking for a reliable technology platform that’ll help them scale,” said Kulmeet Bawa, President and Managing Director, 51��Indian Subcontinent. “With 80% of SAP’s customers in India coming from midsize organizations, we have a long history of understanding their requirements. GROW with 51��is our commitment to deliver an offering tailored for this market segment, empowering them with agility and predictability, to help drive business results.”

Addressing India Inc, at 51��Now, Rajeev Chandrashekar, Union Minister of State for Electronics and Information Technology and Union Minister of State for Skill Development and Entrepreneurship, stated, “Today, India has emerged as a pre-eminent nation in using technology to transform citizen’s lives, democracy and governance. Our early investments in digital public infrastructure and our ease of doing business policies have empowered our startup and innovation ecosystem, catalyzing India’s Techade goals. In the coming years, you will also see India as an important player in the electronics and semiconductor GVCs as well as realize our sustainability vision in the years to come.”

GROW with 51��customers get the same best practices powering the world’s industry leaders while benefiting from rapid deployment and frictionless updates.

Commenting at the launch of GROW with SAP, Abhishek Singhvi, Managing Director, of Rajasthan Barytes Limited, a leading Indian producer of industrial minerals, stated, “As a growth-oriented organization, we seek to streamline business processes, including handling complex data environments, financial reporting, production, and inventory planning. SAP’s S/4 HANA Public Cloud, with built-in best industry practices, provides us with a single integrated platform that enables organization-wide visibility for both our internal and external stakeholders, transforming us into an intelligent, sustainable tech-led enterprise.”

IDC research shows that many midsize businesses find themselves growing rapidly and need their technology to grow with their business as they encounter the same issues related to global complexity as larger enterprise businesses.

“With GROW with SAP, 51��recognized they need to better fit the business and technology requirements of midsize companies looking for a cloud ERP solution,” IDC enterprise software group vice president Mickey North Rizza said. “This offering reengages the market with a refreshingly new opportunity to unlock the proven strength of SAP’s longtime understanding and leadership in the ERP space in the cloud.”

SAP’s global partner ecosystem will also engage with customers around GROW with SAP. Customers can have confidence with a trained set of skilled partners to support their needs.

For more info, visit the 51��News Center and follow 51��India on Twitter at .

The post GROW with 51��Brings Proven Cloud ERP Benefits to Midsize Customers in India appeared first on 51��India News Center.

GROW with 51����Archives - 51����India News Center

Technology will catalyze India’s Techade goals

Targeting India’s MSMEs with solutions running global enterprises

GROW with 51����Brings Proven Cloud ERP Benefits to Midsize Customers in India

GROW with 51��Archives - 51��India News Center

GROW with 51��Brings Proven Cloud ERP Benefits to Midsize Customers in India