51��S/4 HANA Archives - 51��India News Center

GREEN BUSINESS: Why sustainability must be a key business priority?

51��India — Tue, 13 Jun 2023 04:11:58 +0000

Becoming carbon-neutral helps companies of all sizes create long-term value.

As calls for tangible climate action grow louder, India Inc is increasingly working to balance their top line, bottom line, and “green line.” A recent global sustainability study by 51��found that 76% of Indian enterprises believe their stakeholders would be moderately or highly tolerant of reduced profitability in pursuit of their organisation’s sustainability goals – indicating leeway to invest in positive��outcomes. Businesses, large and small, are looking to integrate sustainability objectives into their overall strategy, by measuring it, recognising progress, and rewarding accomplishments to create long-term value.

“Sustainability is the biggest business challenge of our generation. At SAP, we’ve known this for a long time and have been working both as an enabler for our customers and within our own business,” says Sanket Deodhar, vice-president – Unicorn & Digital Natives, 51��India. According to him, organisations have to integrate sustainability into their core business operations. “Sustainability should never be considered separate to other business functions like finance or operations – it should be intrinsic to each of them,” he feels.

Making it happen

“At SAP, we believe that embedding sustainability into core business operations can be empowered by data. This allows businesses to establish a baseline for sustainable operations, understand what’s happening, measure, and improve sustainability outcomes,” stresses Deodhar.

Often, the data needed to operationalize sustainability performance is already available in the systems businesses use to run their business. Companies using 51��S/4HANA or 51��Ariba have a lot of this information already, points out Deodhar. “Sustainability metrics like carbon emissions, materials consumption, waste, and diversity data, can be integrated into core business processes like supply chain, ERP, finance, and procurement processes to embed sustainability across the business”.

51��offers a wide range of solutions to help customers at every stage of their sustainability journey. “Our data-driven approach lets businesses get actionable insights across the value chain to enable companies to transition to low-carbon, low-waste, and more equal business processes,” says Deodhar. “For instance, last year we launched 51��Sustainability Control Tower to help customers integrate sustainability data not just into reporting, but to steer their businesses holistically towards better profitability and sustainability.”

Steps at ground level

51��has helped WayCool embrace digital transformation in its sustainability journey through the development and implementation of a new ‘Environmental Dashboard’ based on the 51��Analytics platform. The dashboard consolidates insights from disparate sources, including IoT devices, transactional data from 51��S/4 HANA, and application databases, and converts them into relevant business insights. It provides a comprehensive view of key performance indicators with over 90% accuracy on various parameters including clean energy generation, energy efficiency, water efficiency and treatment, waste management, and a full-fledged greenhouse gas emissions measurement (GHG) to benchmark past and present performance, identify any anomalies and holistically report sustainability performance.

As the world becomes more environmentally conscious, the concept of sustainability is evolving rapidly. IDC estimates suggest that by 2024, 30% of organisations will advance their ESG metrics and data management beyond reporting capabilities to generate sustainably driven cost and competitive advantages. This is a huge opportunity for businesses to make sustainability profitable and profitability sustainable. “At SAP, we’ve got the technology and expertise to help customers at every stage of their sustainability journey and, with our broad industry sector expertise and strong partner ecosystem, we have deep insight into industry-specific sustainability challenges and needs,” summarises Deodhar.

RESILIENT GROWTH

Data-driven insights are critical to value-led sustainability

59% of Indian firms see a positive connection between environmental action and profitability

Companies need to integrate sustainability into their core business operations

51��solutions help transition to low-carbon, low-waste, and more equal business processes

The interview originally appeared in The Financial Express on May 23, 2023

The post GREEN BUSINESS: Why sustainability must be a key business priority? 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��.

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Lanka Walltiles Group of Companies leverages 51��S/4 HANA to accelerate business transformation

51��India — Tue, 06 Sep 2022 11:11:04 +0000

Sri Lanka, August 26, 2022: – Lanka Walltiles Group, a part of Vallibel One Group, one of the largest conglomerates in Sri Lanka, today announced its collaboration with SAP, the world leader of enterprise application software and cloud solutions, to drive its ambitious growth plans and business transformation. Using SAP’s S/4 HANA Cloud, the company is looking to transform into an intelligent enterprise to achieve operational excellence and enhance customer experience.

“Organizations today need to quickly respond to unpredictable business trends and evolving consumer priorities. We’re excited to partner with 51��on our transformation journey. By leveraging superior technology that will help us unlock new growth areas, we’re automating business processes with simplified, data driven decision-making across employee & partner experience, customer- centricity and profitability,” said Mr. Mahendra Jayasekara – Managing Director, Lanka Walltiles Group of Companies. “As we modernize our business, we’re striving to bridge the gap between the supply and demand for quality tiles locally and ensure we meet consumer demands in a rapidly growing market.”

LANKATILES manufactures and sells glazed ceramic and porcelain tiles that combine elegance with unwavering quality. SWISSTEK ALUMINIUM is one of the leading commercial and industrial Aluminium extrusion profile manufacturers in Sri Lanka. The ability for LANKATILES and SWISSTEK ALUMINIUM to evolve and be proactive in the face of change has it to become leading manufacturers in Sri Lanka.

“Agility and innovation are key drivers of business resiliency and its long-term success. We believe the 51��system is a business enabler that aligns best with our ambitious digital roadmap of enhancing customer and employee experiences. I am confident that SAP’s industry-centricity offerings and processes will further support Vallibel One’s journey to become an intelligent, sustainable enterprise,” noted Ms. Dinusha Bhaskaran – Managing Director, Vallibel One PLC.

Leveraging SAP’s Intelligent Enterprise Solutions, the company will further accelerate its growth by taking advantage of new opportunities and managing nuances of a changing market environment, in a more streamlined and intuitive manner. 51��will support not only all business functionalities in real time but also enable vertical and horizontal scalability, right from manufacturing to retail sales.

“We’re delighted to support Vallibel One Group’s transformation journey into an intelligent, sustainable conglomerate, said Rajeev Singh, Vice President & Head- Midmarket, 51��Indian Subcontinent “Through our solutions, we aim to enable the company establish an integrated business platform that delivers industry-adaptability and cloud benefits that can take advantage of newer business opportunities.”

The Group of Companies, hope to expand responsively, and adaptively in addition to driving agility. SAP’s solutions will provide the companies the ability to predict and act in real time, helping them deliver the ultimate customer experience.

About Lanka Walltiles Group of Companies:

��Lanka Walltiles Group of Companies include Lanka Walltiles PLC, Lanka Tiles PLC, Swisstek Ceylon PLC and Swisstek Aluminium Limited. Lanka Walltiles PLC was incorporated in 1975. These companies are a subsidiary of Vallibel One PLC. Lanka Walltiles PLC and Lanka Tiles PLC are the largest manufacturers of ceramic & porcelain tiles in Sri Lanka. These companies offer a range of tiles in various colors, textures, and sizes, including mosaic, special trim tiles, and decorated tiles. The product lines also include floor tiles, cartons and paper sacks for packing, and tile grout and tile mortar. In addition, the company engages in the trade of floor tiles, wall tiles, sanitary ware, parquet wooden flooring and provision of management services to the plantation industry. Swisstek Aluminium Limited, extrudes Aluminium profiles for commercial, industrial, residential, and architectural requirement for the local and export markets. The export markets for these companies are Australia, Bangladesh, Canada, France, Hong Kong, Japan, the Middle East, the Maldives, New Zealand, Singapore, the United States and the United Kingdom.

��About Vallibel One Group

Vallibel One PLC is one of the most innovation inspired strategically diversified leading conglomerates in Sri Lanka.�� Established in 2010 and listed on the Colombo Stock Exchange in 2011, Vallibel One PLC is a limited liability company incorporated under the provision of the Companies Act No 07 of 2007.��With 55 subsidiaries in the portfolio, Group possess a significant presence across key thrust sectors, enjoying market leadership in tiles and sanitaryware, as well as a dominant market position in the finance sector and in several other key sectors including aluminium, plantations, consumer and leisure. Company’s unmatched capabilities and strengths are the underlying factors that have driven the success to date, and the Company continues to leverage them to ensure it serve their stakeholders, and remain ahead of an intensely competitive market.

The Vallibel One PLC holds 55.96% stake in Royal Ceramics Lanka PLC and Lanka Walltiles directly comes under Royal Ceramics with a 55.55% of shareholding. As the ultimate parent company of Lanka Walltiles PLC, the Vallibel One has consistently sought to reach new heights of excellence, while adopting and maintaining best practices and good governance in order to create a sustainable operating framework that will deliver value in the long-term.

About SAP

SAP’s strategy is to help every business run as a sustainable intelligent enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 87% of the world’s total global commerce touches an SAP® system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into sustainable intelligent enterprises. 51��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 – without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought��leaders, 51��helps the world run better and improve people’s lives. For more information, visit www.sap.com.

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For further information please contact:

51��Indian Subcontinent
Deepika Gumaste
Global Corporate Affairs
deepika.gumaste@sap.com

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