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 3^rd 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:

1. 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.
2. 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.
3. 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.
4. 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.
5. 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.

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51风流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 鈥� 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.

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GROW with 51风流also includes 51风流Business Technology Platform, so customers can define their own processes in a cloud-native way using 51风流Build. With 51风流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鈥檚 third largest economy, midsize companies are a critical enabler of the country鈥檚 digital transformation that serves everyone by generating employment and contributing to the GDP.

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

Addressing India Inc, at 51风流Now, Rajeev Chandrashekar, Union Minister of State for Electronics and Information Technology and Union Minister of State for Skill Development and Entrepreneurship, stated, 鈥淭oday, India has emerged as a pre-eminent nation in using technology to transform citizen鈥檚 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风流customers get the same best practices powering the world鈥檚 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, 鈥淎s a growth-oriented organization, we seek to streamline business processes, including handling complex data environments, financial reporting, production, and inventory planning. SAP鈥檚 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.鈥�

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.

鈥淲ith GROW with SAP, 51风流recognized they need to better fit the business and technology requirements of midsize companies looking for a cloud ERP solution,鈥� IDC enterprise software group vice president Mickey North Rizza said. 鈥淭his offering reengages the market with a refreshingly new opportunity to unlock the proven strength of SAP鈥檚 longtime understanding and leadership in the ERP space in the cloud.鈥�

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

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

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For German software maker, SAP, India is a priority market in which small and medium enterprises (SMEs) account for 80% of 51风流India鈥檚 customer base. Last year, 51风流India invested `500 crore to localize its multi-cloud strategy for specifically helping Indian businesses. Kulmeet Bawa, President and Managing Director, 51风流Indian Subcontinent, talks about trends in cloud adoption and the company鈥檚 strategy for the next year, in an interview with Ayushman Baruah.

Excerpts:

How was the adoption of cloud in 2022 and how do you see it next year?

India鈥檚 cloud adoption reached an inflection point in 2022. From听鈥檚 perspective, India remains a strategic priority market, both for business and innovation. We observed an accelerated cloud adoption across industries, including engineering, construction, life sciences and pharma, CPG/retail, and IT-ITeS. Major corporations such as Mahindra & Mahindra, Wipro, and HCL Tech moved their digital core to the cloud. We saw an enormous growth across different sizes of organizations, be it the enterprise or midmarket. We also saw numerous SAP-led digital transformations in start-ups and digital natives who now rely upon us as their trusted advisor. In fact, for the past six or seven quarters, we have outperformed our growth every quarter, with a high continuous year-on-year growth. When I consider the headroom and opportunities that are open to our country, I believe that 2023 is our world of opportunity.

What will be the key drivers of digital transformation next year as the macro-economic conditions remain uncertain?

Although organizations have always aimed to enhance their speed, agility, and data-driven decision-making, there is now a heightened feeling of urgency around the adoption of digital. For enterprises to stay relevant in the face of uncertain macroeconomic market conditions, organizations across the spectrum have hastened their digital transformation. Furthermore, low-code and no-code tools, automation, composability, cloud computing, and associated technologies will be the driving forces behind digital transformation. Additionally, rising attention by businesses and the public sector on how digital technology can enable sustainability will be another trend to watch out for.

What鈥檚 51风流India鈥檚 strategy to tap into the growing SMB market in the country?

The small and midsize business (SMB) sector in India today accounts for 29-30% of the country鈥檚 GDP, and SMEs account for 80% of 51风流India鈥檚 customer base. We are the market leader in the SMB sector in India, with a large customer base coming from tier-2 and tier-3 cities including Ahmedabad, Nagpur, Jaipur, Ratnagiri, Kanpur, etc. With the goal of advancing cloud adoption and accelerating company transformation for the Indian mid-market, we have launched several outreach initiatives such as the Transformation Express and Global Bharat Movement focused on helping MSMEs in their journey to cloud migration and digitalization. We invested `500 crore in early 2021 to localize our multi-cloud strategy with the goal of helping Indian businesses become more resilient. Through our multi-cloud strategy, we are enabling our customers to enjoy the benefits of our platform on their choice of cloud infrastructure. Our cloud offering has been adopted by hundreds of brands like Cera Sanitaryware, Luminous Power, Virescent Infrastructure, Puravankara, WayCool Foods & Products, to name a few.

What are some of the key technologies 51风流will be focusing on next year?

As we step into 2023, our goal is to provide our customers with transformational tools that they need to embrace innovation and address the biggest business challenges of their respective industries. Some of these key technologies include: (a) focused on creating an intelligent, inter-connected, and sustainable world and helping companies of all sizes and industries accelerate their sustainability journeys; (b) Platform Engineering which is expected to become more prevalent in 2023 as organizations continue to find and retain highly skilled technology talent. will become the norm that will aid our customers to achieve business agility; and (c) where AI, automation, and machine learning are shaping business landscapes worldwide. By unifying all AI capabilities into a single platform, 51风流AI services will continue to enable teams to build chatbots and automate processes to gain business efficiencies through AI and machine learning.

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The Dare to Dream Awards 2022 culminated in a star-studded event at the Taj Lands End, Mumbai on November 16^th. With key policymakers, thought leaders from the industry and media, experts, and other inspiring voices gracing the occasion, it was as much a forum for insights-sharing as celebrating the winners.

The inaugural session featured Rahul Singh (VP and Head of Marketing, 51风流India Subcontinent) and Nitika Das (Sr. Director, Brand, Midmarket and Business Marketing, 51风流India) who spoke about the evolution of the awards and the theme for this year is focused on new India鈥檚 pioneers. They were joined on the dais by Rajeev Singh (Vice President, Midmarket and Emerging Business, 51风流Indian Subcontinent) and Raktim Das (Chief Growth Officer, TV9 Network).

The guest of honour, Shri. Bhanu Pratap Singh Verma (Minister of State in the Ministry of MSMEs, Govt. of India) delivered the opening address, setting the stage for the event. He spoke about the impact that MSMEs have had in every field, from helping the country overcome the pandemic to creating India鈥檚 bright economic prospects. He expressed his confidence in the MSME sector fulfilling the Atmanirbhar Bharat vision and Govt. initiatives like Make in India. He also recognized the importance of these awards in inspiring business leaders to create a digital-first culture, adopt innovative ideas, and fulfill the dreams of a new India. To quote his words, “Everyone in India is aware of the contribution of the MSME sector (Micro, Small and Medium Enterprises) to the growth of the country. The making of INS Vikrant is a great example of how vital the contributions of the MSME sector are.”

With four engaging panel discussions covering crucial topics of digital transformation, raising capital, dynamic enterprise, and compassionate capitalism, there were many key takeaways for the attendees. Rajeev Singh spoke at length about how SMEs can play a significant role in fuelling the country鈥檚 growth aspirations in the exclusive panel discussion on 鈥楧igital Transformation Powering India’s March to 2047鈥�. Talking about translating the promoters鈥� vision into reality by exploring 3 broad themes, he said, 鈥� The moment MSMEs start to see digital transformation as an investment eating into their profits, that’s when they’re going wrong. The only way you can operate in the same space (as the larger players) or go global, in the shortest possible time is with digital transformation. The larger organisations had the financial muscle power to build distribution systems, go abroad and hire the best talent. Today, with digital transformation, MSMEs can be on the same pedestal and compete with the largest companies.”

Sandeep Chandna (Chief Sustainability Officer, Tech Mahindra) spoke about bringing profit and the planet together, and how 51风流and Tech Mahindra are collaborating to build technologies that can enable sustainable development. He said, “In these last 15 years, we have documented, and we have learned in our own way the best ESG practices. We have now started going back to our customers, saying that this is our learning, and these are the things we can help you implement in your ESG journey.”听

Subramanian Ananthapadmanabhan (SVP – Midmarket, 51风流APJ) shared his perspective on the digital-first mindset driving growth among SMEs. He gave an interesting timeline of how 51风流has been engaging with SMEs for value creation through 5 key programs over the past 5 years 鈥� Growth Matters Forum, Global Bharat Movement, Mentors of Global Bharat, Transformation Express, and finally the Dare to Dream Awards. Tying these initiatives together, he told the audience, 鈥淪ince the time Covid has happened, the market has been changing so rapidly, that we鈥檝e had to increase our efforts to come up with new campaigns, to be more relevant and ensure that we are there when it matters to you.鈥�听

An insightful conversation with Uday Samant (Minister of Industries, Govt. of Maharashtra) shed light on the latest Govt. initiatives to enable business such as the hydrogen and electric vehicle policy for instance, and how Maharashtra is becoming a role model for other states when it comes to industrial growth. In the Minister鈥檚 words, 鈥淲e have one focus, that we get more industries to invest in Maharashtra, be it IT sector industries or automobile industries. We understand that industries want states to give them a red-carpet welcome. We’re now giving surety to industries and companies to give them more benefits than other states, be it concessions in water, land, electricity, or other incentives.”

The ceremony also featured a special session by Devendra Jhajharia, Paralympics Champion, Padma Bhushan, Padma Shri, and Arjuna Award for Athletics, who motivated the dignitaries with his truly inspiring journey. From how he was mocked while first trying to throw the javelin to following his dream with conviction and courage, reaching the greatest heights as an athlete 鈥� the first Indian para-athlete to win two gold medals at Paralympics. In his words, 鈥淚 always make an effort to win more and more medals for my county to bring it more honour and respect worldwide. That is all I ever try to do.”

As India continues to rise and establish its leadership on the global stage, the business community has been a key driver of this growth and transformation. The Dare to Dream Awards 2022 celebrates business champions and trailblazing organizations that are driving innovation and setting new benchmarks for the industry.

Coming to the awards, across three main categories 鈥� Organizational Awards, Dare to Dream Special Recognition and Individual Awards, 57 recognitions were decided by the eminent jury panel. Having received nominations from across India, these pioneering companies and leaders were announced as winners at the Grand Awards Ceremony.

The prestigious Company of the Year Awards recognize organizations from diverse industries that have demonstrated all-round success, be it in business performance, green initiatives, social impact, Make in India initiative, and others.

In the individual category, awards were conferred on the 鈥榊oung Leader of the Year鈥�, 鈥榃oman Entrepreneur of the Year鈥�, and 鈥楤usiness Leader of the Year鈥�. These exceptional individuals at the helm have been responsible for steering their organizations to greater heights.

This year also saw the addition of the Dare to Dream Special Recognition where a set of companies were recognized for their outstanding achievements, embodying the spirit and theme of these awards.

To view the full category-wise list of winners of the Dare to Dream Awards 2022, please .

Read more on News9Live

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New Delhi, November 3, 2022:

After the rousing reception Dare to Dream Awards received from homegrown enterprises in 2021, 51风流and TV9 Network are back with the 2022 edition of India’s biggest entrepreneurial platform to acknowledge the Pioneers of New India.

As India celebrates 75 years of independence and plans its journey of the next 25 years to emerge as a global leader, business pioneers have been and will be the guiding light in realizing this ambition.

And the prestigious Dare to Dream Awards this year will celebrate these business stalwarts who are leading India’s charge toward becoming a developed nation by 2047. It captures the resolute entrepreneurial journey of these outstanding SME entities to embrace digital-first culture for innovation and growth that help India take giant strides towards transforming itself into the First World.

Commenting on the awards, Kulmeet Bawa, President & Managing Director, 51风流Indian Subcontinent, said, “SAP’s journey in India has always been aligned with nation-building programmes that have had a significant impact on over 300 million Indians. We have always believed in the combined strength of India’s mid-market and have promoted their development, whether it is serving as the technology partner to develop a workforce of the future, being a trusted advisor to the SME community, or boosting the nation’s innovation ecosystem. This programme aims to recognize and honour all business heroes leading us towards the development of the New India.”

The awards also seek to acknowledge business bravehearts, who have continued to thrive even in volatile, uncertain, complex, and ambiguous environments that keep throwing surprises at them, especially when economies across the globe are facing strong headwinds.

Rajeev Singh, Vice-President, Midmarket and Emerging Business, 51风流Indian Subcontinent, added, “Indian MSMEs and its business leaders hold power to transform not just India’s economy but also the lives of millions of Indians. They account for 27% of the total contribution to India’s GDP, with considerable headroom for growth. As we celebrate 75 years of India’s independence, we are gearing up the journey of the next 75 years that is being shaped by pioneers of the new India.”

Talking about TV9 Network’s commitment towards the India SME ecosystem, Raktim Das, Chief Growth Officer, TV9 Network, said: “51风流and TV9 Network stay invested in the idea of recognising SMEs to eventually help fully leverage their potential for the India growth story. India has emerged as the only bright spot in an otherwise faltering international economy. And SMEs have a huge role to play in insulating us from global shocks. And that’s why it’s critical to acknowledge our homegrown businesses. Dare To Dream Awards is a tribute to all those visionary business leaders who have demonstrated innovation and a digital mindset converting adversity into advantage. And we are happy to continue to be a part of this exciting journey with SAP.”

The awards function will be held on November 16^th, 2022, at the Taj Lands End in Mumbai. It will be telecast on India’s leading national news channel 鈥� TV9 Bharatvarsh 鈥� with substantial digital amplification across TV9’s digital platforms.

More details about the awards can be found on the

Also published on

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 51风流system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into sustainable 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 鈥� 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风流helps the world run better and improve people’s lives.

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By Subramanian Ananthapadmanabhan, Senior Vice President and Head of Midmarket Business, 51风流Asia Pacific Japan (APJ)

The pandemic and current geopolitical landscape are creating considerable disruptions across the global supply chain 鈥� and for India, its business community could soon face rising demand for components and materials such as chemicals, electronics, semiconductors, and batteries.

While large enterprises have the operational and financial flexibility to cater to this surge, there aren鈥檛 enough of them in the Indian corporate sector to optimize its response. This, in turn, opens the door to a remarkable opportunity for the nation鈥檚 tens of thousands of smaller businesses to step into 鈥� not only to cater to the domestic market but also central to fulfilling India鈥檚 national ambitions of becoming a globally competitive player.

Fostering growth in the right places

Today, few firms populate the Indian economy’s most vital and dynamic segment 鈥� ““. The nation currently has 600 large Midmarket enterprises with over $500 million in yearly revenue, and thousands more small businesses generating under $50 million a year. And in between is a gap in competitors (the missing middle), challenging the economy’s ability to scale up and maintain a trajectory of ongoing growth quickly.

To fill the vacuum of the missing middle, there is an immense opportunity for thousands of companies to rise from being small to midsize with the intention to grow into large Midmarket enterprises over time. Then, additional firms can move up as well, creating a dynamic marketplace that fosters innovation and adapts to change quickly to fuel meaningful financial progress.

To make that leap, businesses need to adopt a digital strategy. The , reported that 68% of midsize companies in India intend to retain or increase IT spending between 5% and 10%, prioritizing employee and customer engagement, security, and modernization to improve processes.*

Raising the game with Digital Innovation

The IDC finding makes it clear that midsize companies across India understand that technology is vital to their business continuity and resilience. With the right technology investments, they can increase operational agility, improve innovation, and accelerate time to market while overcoming significant challenges in talent shortages and cybersecurity. More importantly, cognitive capabilities, such as artificial intelligence (AI) and predictive analytics, can be embedded into applications to deliver enhanced employee and customer experiences.

Take, for example, . The leading innovator in automotive lighting replaced its paper-based HR processes with integrated, to make work more personal, satisfying, and empowering for its 9,000 employees. The digital transformation effort delivered a secure and stable system that eliminated information silos locked in e-mails, spreadsheets, and disconnected systems and established a single, self-service destination for employees to access HR, payroll, and learning resources.

In addition, employees, regardless of role, can gain new insights to expand on Lumax’s legacy of innovation. As a result, organizational compliance efforts, including payroll and purchase taxation, are more streamlined. More impressively, Lumax鈥檚 application of AI and industrial psychology to measure employee talent and make predictive talent decisions is helping the organization run more intelligently and improve the overall employee experience.

While technology adoption can help small and midsize or midmarket businesses gain a competitive advantage similar to that of Lumax, they must overcome challenges such as cybersecurity, the availability of digitally fluent talent, and in some cases, the cost of adopting and integrating new technology into the existing infrastructure. Even though freeing up capital is a substantial hurdle for many firms, digital transformation is no doubt a priority for getting operations back to normal.

According to IDC, nearly three-quarters of surveyed Indian midsize companies have planned or are planning to move to the cloud. The key to overcoming the cash crunch is migrating to a hybrid cloud environment. Nearly half of the respondents favored the agility, performance, and availability of matching the targeted workload to a public or private cloud. In addition, 11% preferred the flexibility to interoperate applications across different clouds as needed.*

Eliminating the missing middle

India has an ambitious goal to emerge as the hub that satisfies the world’s needs. This requires the nation’s companies to take immediate action and digitally transform themselves to take their place among midsize and larger competitors 鈥� and eliminate “the missing middle” from India’s business vocabulary.

In 2022, 51风流dedicated its energy and resources toward empowering small and medium companies throughout India to realize their full potential on the world stage with the initiative. In a journey spanning over 7,000 kilometers and 13 cities, 51风流engaged over 10,000 businesses to see firsthand how cloud technologies can help prepare for a future of high-growth potential.

After this journey, starts the journey of the next million. The Transformation Express now premieres in the metaverse. Learn how to develop the right business models, gain efficiencies, fund innovations, and transform mission-critical systems with .

Source:听

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WayCool, India鈥檚 largest food and agritech platform, works as an interconnected supply chain driver that provides a singular, unified view from soil to the sale of agricultural produce. As a startup, WayCool initially used conventional legacy applications that were causing a disrupted information flow, thus adding bottlenecks to evolution and scale. A traditional ERP system meant little to no interconnectivity between different businesses of the company.

As the business evolved and became more complex, WayCool decided to migrate to 51风流4/HANA for seamless integration of all IT applications. Scalability, enhanced margins, better inventory management, and automated controls accrued as some of the immediate benefits of this move.

The Business Challenge

WayCool鈥檚 legacy ERP lacked a finance module, leaving the organisation to rely on TALLY for their MIS. While this was manageable for one retail store, it compounded the manual interventions with expansion. Every new retail location required a new ERP and TALLY license that inherently didn鈥檛 interconnect with each other. A unified dashboard was missing from the ecosystem, making the company lose out on real-time analysis and actionable insights.

After WayCool diversified to the B2B sector, the company was operating around 30 Distribution Centres (DCs) spread across six states in India. To get a consolidated MIS, the entire information had to go through over 120 manual reconciliations every month. Setting up a new DC translated to adding at least 5 more manual reconciliations to this mix, making the entire exercise labour intensive and inefficient.

Data transparency was required across diverse verticals to ensure on-time planning and on-demand scalability. To top it all off, the pandemic had forced the entire country into lockdown during this time.

The 51风流4/HANA Solution

51风流4/HANA was implemented as the core ERP at 44 plants with three objectives 鈥� a modular but interconnected ecosystem, AI-driven embedded analytics, and on-cloud accessibility. Considering the onus placed on a timely and successful deployment, a 40-member team was dedicated exclusively to the task. A collective effort, even with work-from-home, led to the platform going live in just 22 days! While it often takes years to complete the migration of this magnitude, WayCool stabilised its end-to-end 51风流4/HANA deployment within 60-70 days.

Project Highlights

• Foundation laid for supply chain efficiency across different business applications
• A completely customizable, unified dashboard acting as a single source of truth for real-time data analysis
• 100+ integrations facilitating 247 unique scenarios undertaken with over 200 training sessions
• 40+ integrations across 5 in-house platforms for end-to-end transparency
• Around 7000 tickets were raised, addressed, and resolved during the migration

听

The Results

• Multi-dimensional Full-stack Tech Platform: WayCool is now India鈥檚 only enterprise in agri-commerce, hosting a robust digital platform, AI-ML-enabled decision engines, and expanded services with a peripheral ecosystem.
• Elimination of Manual Reconciliation: Integration of the in-house platform streamlined the transaction flow and led to 1274 orders being processed per day instead of only 119.
• Enhanced Margins: The inclusion of real-time actionable insights from all the locations and consolidated knowledge has resulted in a 3-4% increase in profitability.
• Seamless Scalability: With 51风流4/HANA, the end-to-end ERP system for any new plant can now be readied in just 3 days resulting in an unhindered scalability that matches the company鈥檚 aggressive growth plans.
• On-demand Review of Business Performance: Automated management for credit, price, and inventory controls have been built on top of SAP4/HANA for intelligent risk mitigation with a plan to expand to 200+ warehouses in the next two years.
• Blanketed Information: The entire company now has complete data transparency through the analytical integrations created with the implementation.

The Plan Ahead

WayCool is in the second phase of the deployment now with a focus on algorithm-driven automated prioritization and processing of outbound payments. This development is expected to clear more than 2000 daily disbursements, which had to be done manually earlier. All the bank accounts are planned to be integrated directly into the system, creating a single point of approval.

WayCool has moved from a disconnected ERP system to a platform with the foundation to fulfill the company鈥檚 objective of sustainable growth.

About WayCool

WayCool is driving a social impact with the objective of transforming India鈥檚 food economy. As a growing agri-tech enterprise, the technology works as a key business driver rather than an enabler for service delivery. WayCool’s operation is spread across product sourcing, food processing, branding and marketing, last-mile distribution, and farm inputs, giving the company a comprehensive control over the entire food value chain.

Source:

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What started initially as the 鈥樷�� in FY20 with an intent to help businesses upskill digitally and become globally competitive, quickly brought together 50,000 members on Growth Matters Forum, the Midmarket Community in India. The value creation chatter in the community brought to life the possibility of taking 51风流to the corners of India that were yet to reap the benefit of technology and innovation. Further, the commissioned in Q3鈥�21 revealed that 74% of businesses intended to move to the Cloud in FY22. From this game-changing paradigm of the partnership was born the Transformation Express in Q2鈥�22 to drive sustainable collaboration with our customers, prospects, and partners.

The mobile express touched 7,500 businesses in 13 cities over 45 days and has revealed the real pulse of the market. And we believe this holds the potential to alter the value conversation we have with our consumers. While some expressed the need to understand data, many customers and prospects were interested in managing talent, and many more wanted to grasp the dynamic nature of evolving business models. However, most conversations that surfaced focused on the front office and the benefits of building a customer-first culture.

Indraneel Chitale, an S/4 HANA customer and the keynote speaker at the Mumbai Premier Night of the journey, remarked they wish their consumer brand to be noticed and be present in the minds and emotions of their customers all the time. And, the sale was nothing but a by-product for them. Separately, the COO of a major cement enterprise remarked about the need to leverage data to predict customer behaviour.

The MD of an E100M Electronics company wanted the edge-to-core capability of IoT and the use of real-time data from the shop floor to reduce process inefficiencies and downtimes. The CEO of a small business in the recycling industry in a Tier 2 city aimed to grow 2x in the next three years and wanted best practices in HR processes to hire and retain talent. True everywhere we go, the in Q1鈥�22 revealed that more than 50% of SMEs are finding it difficult to find staff replacements and qualified candidates, and often realise a mismatch of skills for available roles. In addition, more than three-quarters (77%) of SMEs said that workforce volatility had impacted their ability to innovate and drive their digital transformation plans.

With hundreds of such stories, feedback, and enquiries, the Transformation Express has laid bare the essentials that organisations are stoked about today. Here are four broad themes:

1. The evolving and dynamic customer presents the most potent challenge. The product is only a vehicle to disrupt. However, the starting point is customer analytics.
2. While innovation is central to existence, it requires more than creativity and ideation. Instead, those need to be coupled with process-level innovations that focus on execution and speed, to secure quicker wins and better time-to-market.
3. is real. Equally so is the reality of Great education. Increasingly, there is a need to define a unique Employee Value Proposition (EVP) that can attract and retain talent and keep transformation tracks intact.
4. Finally, mature organisations are approaching transformation with a digital acceleration mindset 鈥� emphasising the pursuit of smaller, realistic goals and continuity of the process, while steadily advancing towards longer-term, sustainable transformation.

These insights, right from the heartland of India, motivate us to recommit ourselves to the transformation efforts of our customers and prospects. So, with the Cloud-on-wheels ending the road trip, we embark on its digital twin in the metaverse for immersive virtual experiences to continue the partnership 鈥� beyond India鈥檚 shores 鈥� through our digital avatars.

As they say, a journey of a million miles begins with a single step, and while we have physically traversed over 4,000, here鈥檚 raising a cheer for the next million in the metaverse!

The post 51风流Transformation Express – Redefining CX in the Metaverse appeared first on 51风流India News Center.

When India began its digital journey in the 90s, we had limited bandwidth and dial-up connections that needed a prayer each time we logged in. Cut to 2022 鈥� There are 1.2 billion mobile connections with 110 million being added every year. With 61% of Indians on the internet, we are one of the top global economies in the number of mobile-first digital consumers. Put simply, we are witnessing technology transformation in the truest sense all around us.

Digital Transformation – Ushering a New Wave of Innovation

If anything, the pandemic accelerated the adopting of digital ways of working and revealed to us that we had the ability to go remote. It turned our assumptions about the workplace and transactions on its head. This digital thrust is being enabled by a slew of government initiatives that are making the digital first narrative a reality. We are looking at secure, presence-less, paper-less, and even card-less transactions in the future that will reinvent the ways that we know business works today.

There is no questioning that the past two years have been tough on us. But even in this landscape, we have seen start-ups and venture capitalists demonstrate success stories. Business models being disrupted by challengers that are forcing us to re-look at our long-held beliefs. In fact, we have seen changes in the way businesses work every month in the last 2 years. Young companies are questioning established norms and blending learnings from verticals to ring in a new order of business.

We sensed this shift, and in June 2020, we launched the . It was aimed at making Indian businesses more globally competitive. We brought them on to the Ariba platform to give them world-wide visibility and sure enough, right through December 2021, we saw a spike in engagements, driven by this digital initiative. To understand our customers better, we partnered with IDC to commission the to garner insights into the minds of small and medium business owners. It was our deep-dive to better understand our client base, as 80% of 51风流customers are from this segment. I will speak of two major insights that reaffirm our commitment.

India – Transitioning Into a Digital-First Nation

First, despite not having a great couple of years, 68% of businesses expressed a desire to increase IT spending in the coming year. If you think this bodes well for a digital-first nation, wait for the second insight: 74%, that is almost 3 in 4 of the businesses surveyed intend to move into the cloud in the coming year. This is a game-changing trend in my view, as it talks about innovation at an unprecedented scale. The high-technology innovation game used to be played mostly by the larger companies 鈥� now this is being democratized by innovation moving down to smaller companies as well. These insights opened our eyes to the way the mid-market segment sees digital technology as an enabler to their aspirations, and to fulfil India鈥檚 dreams of becoming an economic superpower!

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51风流Transformation Express – Empowering and Digitizing the Midmarket Sector

This gave birth to our flagship project of 2022 鈥� the . Since the majority of our client base wants cloud innovations, we took this technology to their doorsteps. Our mobile experience centre traversed the length of the country, clocking 7000kms while showcasing the power of data, cloud innovations and the pathway to building digital resilience. While business disruptions may happen, digital resilience allows your business to bounce back and even harness the change for good.

The Transformation Express experience offered an immersive and interactive showcase of role-based solutions along with a peek into the future with drones and virtual reality (VR). It opened up possibilities for solutions in the cloud, with sessions for college students with both industry experts and cloud practitioners. It partnered our clients and local chambers of commerce to script a new chapter in the digital narrative that is going to drive our nation鈥檚 growth. With this, we recommit to the transformation needs of corporate India, its business owners and to the aspirations of our youth. To offset its carbon footprint, we planted a tree for every kilometre the bus travels 鈥� that鈥檚 7000 trees planted.

The past 45 days have been a whirlwind with the Transformation Express anchoring 27 events for business leaders, experts, thought leaders and the government. We hosted over 150 speakers and panellists and engaged over 7500 businesses. Over 1500 students from 6 educational institutions joined the ride, as the bus visited 13 cities across 10 states in its epic 7000-kilometre journey.

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Thank you for helping to make this journey the incredible success it has been. For me personally, those words of wisdom came alive: it really is about the journey and not the destination.

about India鈥檚 digital journey with the Transformation Express.

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