  {"id":3333,"date":"2021-12-08T08:47:43","date_gmt":"2021-12-08T08:47:43","guid":{"rendered":"https:\/\/news.sap.com\/india\/?p=3333"},"modified":"2023-08-14T16:06:36","modified_gmt":"2023-08-14T16:06:36","slug":"moving-applications-to-cloud","status":"publish","type":"post","link":"https:\/\/news.sap.com\/india\/2021\/12\/moving-applications-to-cloud\/","title":{"rendered":"74% of Midmarket Enterprises Are Moving Applications to Cloud"},"content":{"rendered":"<p>Recently commissioned InfoBrief by 51风流India reveals that 46% of these enterprises are adopting a hybrid cloud strategy<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-3334 size-full\" src=\"https:\/\/news.sap.com\/india\/files\/2021\/12\/08\/Data_fact_1200x250.jpg\" alt=\"\" width=\"1200\" height=\"250\" srcset=\"https:\/\/news.sap.com\/india\/files\/2021\/12\/08\/Data_fact_1200x250.jpg 1200w, https:\/\/news.sap.com\/india\/files\/2021\/12\/08\/Data_fact_1200x250-300x63.jpg 300w, https:\/\/news.sap.com\/india\/files\/2021\/12\/08\/Data_fact_1200x250-1024x213.jpg 1024w, https:\/\/news.sap.com\/india\/files\/2021\/12\/08\/Data_fact_1200x250-768x160.jpg 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><strong>New Delhi, December 8, 2021:\u00a0<\/strong> India Midmarket enterprises have truly embraced the power of digital, to be more agile, flexible, and scalable. As they embark on their journey to <a href=\"https:\/\/news.sap.com\/india\/2020\/12\/what-is-cloud-erp\/\">cloud<\/a>, they are gearing up to adapt to business disruptions while competently capitalizing on the changing business landscape. While priorities varied from industry to industry, the aim is to service customers better through touchless solutions, enable uninterrupted operations through automation, and provide a seamless user experience through adoption of cloud. <a href=\"https:\/\/www.sap.com\/india\/cmp\/dg\/in-idc-sme-report\/index.html?source=contentsynd-in-Pressrelease-SAPNews\">An IDC InfoBrief commissioned by 51风流India<\/a> indicated that 82% of midmarket enterprises are reducing their focus from on-premises business applications.<\/p>\n<p><em>\u201c<\/em>While digital transformation can accelerate growth, it is innovative business models, cloud transformations and reconnecting with customers which will determine long-term and sustainable success<em>\u201d <\/em><strong>said Kulmeet Bawa, President, and Managing Director, 51风流Indian Subcontinent<\/strong><em> \u201c<\/em>The Indian midmarket segment is poised to play a significant role in the country\u2019s quest to become a $5tn economy. 51风流is committed to co-create, empower and enable mid-market enterprises in their digital-first business and growth journey.<em>\u201d he added.<\/em><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-3336 size-full\" src=\"https:\/\/news.sap.com\/india\/files\/2021\/12\/08\/Kulmeet-Bawa_Quote_1200x627.jpg\" alt=\"\" width=\"1200\" height=\"627\" srcset=\"https:\/\/news.sap.com\/india\/files\/2021\/12\/08\/Kulmeet-Bawa_Quote_1200x627.jpg 1200w, https:\/\/news.sap.com\/india\/files\/2021\/12\/08\/Kulmeet-Bawa_Quote_1200x627-300x157.jpg 300w, https:\/\/news.sap.com\/india\/files\/2021\/12\/08\/Kulmeet-Bawa_Quote_1200x627-1024x535.jpg 1024w, https:\/\/news.sap.com\/india\/files\/2021\/12\/08\/Kulmeet-Bawa_Quote_1200x627-768x401.jpg 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>The rising trend of digital resiliency among the midmarket enterprises showcased an increasing optimism to invest more in cloud, cybersecurity, analytics, and business intelligence. The orchestration capabilities to interoperate across different cloud environments is considered as one of the top drivers for cloud-related investments in 2022. The survey findings also indicated that 68% of midmarket enterprises either intend to increase (5-10%) or retain their IT spend in 2022.<strong> \u00a0<\/strong><\/p>\n<p><strong>The survey indicated the following key findings: <\/strong><\/p>\n<p><strong>75% of Midmarket Enterprises Will Return Operations to Pre-Pandemic Levels by End of 2021<\/strong><\/p>\n<p><strong>Leadership Resiliency<\/strong><\/p>\n<ul>\n<li>83% of enterprises are focusing on resiliency objectives like business continuity<\/li>\n<\/ul>\n<p><strong>Operations Resiliency<\/strong><\/p>\n<ul>\n<li>58% of enterprises have an ERP system providing full visibility of operations across different departments\n<ul>\n<li>IT &amp; ITeS, Retail and Engineering, Construction and Operations leading this adoption<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><strong>Financial Resiliency<\/strong><\/p>\n<ul>\n<li>58% if enterprises have introduced scorecards, visualization and simulations to analyse their financial performance to take critical business decisions<\/li>\n<\/ul>\n<p><strong>Workforce Resiliency<\/strong><\/p>\n<ul>\n<li>50% of enterprises are taking an integrated approach towards employee experience &amp; engagement post the pandemic as compared to only 36% enterprises in pre-pandemic.\n<ul>\n<li>IT &amp; ITeS and Retail are the top industries focusing on an integrated approach<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><strong>Customer Resiliency<\/strong><\/p>\n<ul>\n<li>40% of enterprises are adopting an end-to-end approach for managing the customer journey across all departments based on customer behaviour.\n<ul>\n<li>Profound adoption by IT &amp; ITeS, Life Sciences &amp; Pharma, Retail and Engineering, construction &amp; operations.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><strong>Brand and Reputation Resiliency<\/strong><\/p>\n<ul>\n<li>74% of enterprises in India will increase or retain their spend on IT Security, Governance &amp; Risk Management in 2022.<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-3335 size-full\" src=\"https:\/\/news.sap.com\/india\/files\/2021\/12\/08\/Keytakeaways_1200x1200.jpg\" alt=\"\" width=\"1200\" height=\"1200\" srcset=\"https:\/\/news.sap.com\/india\/files\/2021\/12\/08\/Keytakeaways_1200x1200.jpg 1200w, https:\/\/news.sap.com\/india\/files\/2021\/12\/08\/Keytakeaways_1200x1200-300x300.jpg 300w, https:\/\/news.sap.com\/india\/files\/2021\/12\/08\/Keytakeaways_1200x1200-1024x1024.jpg 1024w, https:\/\/news.sap.com\/india\/files\/2021\/12\/08\/Keytakeaways_1200x1200-150x150.jpg 150w, https:\/\/news.sap.com\/india\/files\/2021\/12\/08\/Keytakeaways_1200x1200-768x768.jpg 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>\u201cFor small and midsize businesses, 2021 represent the dawn of a golden age. <a href=\"https:\/\/www.sap.com\/india\/cmp\/dg\/in-idc-sme-report\/index.html?source=contentsynd-in-Pressrelease-SAPNews\">Based on IDC research<\/a>, it is very clear that smart business leaders are investing in cloud technologies that will help them meet their future goals. Doing so is not just what\u2019s right for the business but also for their employees, customers, community and our country\u2019s economy,\u201d added\u00a0<strong>Subramanian Ananthapadmanabhan, Vice President, 51风流Indian Subcontinent.<\/strong> \u201cIt is heartening to witness Indian midmarket enterprises embrace the power of digital, to be more agile, flexible and scalable enterprises of tomorrow.\u201d<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-3337 size-full\" src=\"https:\/\/news.sap.com\/india\/files\/2021\/12\/08\/Subramanian_Ananthapadmanabhan_1200x627.jpg\" alt=\"\" width=\"1200\" height=\"627\" srcset=\"https:\/\/news.sap.com\/india\/files\/2021\/12\/08\/Subramanian_Ananthapadmanabhan_1200x627.jpg 1200w, https:\/\/news.sap.com\/india\/files\/2021\/12\/08\/Subramanian_Ananthapadmanabhan_1200x627-300x157.jpg 300w, https:\/\/news.sap.com\/india\/files\/2021\/12\/08\/Subramanian_Ananthapadmanabhan_1200x627-1024x535.jpg 1024w, https:\/\/news.sap.com\/india\/files\/2021\/12\/08\/Subramanian_Ananthapadmanabhan_1200x627-768x401.jpg 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>This study assessed over 350 Indian midmarket enterprises with an annual revenue of INR 500 Cr to INR 2000 Cr. The respondent demographics consisted of 55% CXOs and 45% directors with responses across all dimensions of digital resiliency such as Operational, Workforce and Customer, Brand and Reputation, Leadership and Organization, and financial resiliency. The industries covered by the survey were Chemicals, Industrial Manufacturing, Life Sciences, Professional Services, Retail &amp; Consumer Packaged Goods, and Engineering, Construction &amp; Operations.<\/p>\n<p>Commenting on the study, <strong>Sharath Srinivasamurthy, Research Director, Enterprise Solutions &amp; ICT Practices, IDC India<\/strong> said, \u201cWhile the power of digital has been well embraced by the midmarket enterprises; the surveyed enterprises acknowledged agility, performance, and availability as the key drivers for adoption of cloud platforms. This rising trend of digital resiliency is prominent across industries such as manufacturing, healthcare and pharma, and professional services.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p><strong>About SAP<\/strong><\/p>\n<p>SAP\u2019s 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\u2019s total global commerce touches an SAP\u00ae system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers\u2019 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 \u2013 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\u2019s lives. For more information, visit <a href=\"https:\/\/www.sap.com\/india\/index.html\">www.sap.com.<\/a><\/p>\n<p><strong>For further information please contact<\/strong>:<\/p>\n<p><strong>51风流India<\/strong><\/p>\n<p>Chaya Arora<\/p>\n<p>Head \u2013 India Communications<\/p>\n<p>chaya.arora@sap.com<\/p>\n<p>&nbsp;<\/p>\n<p>\u2019<em>IDC Infobrief commissioned by SAP, The State of Midmarket Enterprises in India, A Perspective on Digital Resiliency, December 2021, Doc.#AP241284IB\u2019.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SMEs have faced many challenges because of COVID with resilience.  51风流commissioned IDC Infobrief explores digital resiliency, business and IT priorities across 6 different industries.<\/p>\n","protected":false},"author":3480,"featured_media":3339,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[5619794,5619876,191,7737,5619785],"tags":[5616594,5618979,5619786,5618978,5619033,5618913,5616657],"sapn-display":[3807326,5619874,5619872,60294],"sapn-type":[4446],"class_list":["post-3333","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cloud","category-industries","category-sme","category-solutions","category-technology","tag-cloud","tag-digital","tag-industry-cloud","tag-it","tag-msme","tag-msmes","tag-sme","sapn-display-homepage-hero","sapn-display-news-hero","sapn-display-news-spotlight","sapn-display-topic-hero","sapn-type-press-release"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - 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