Christian Klein, Author at 51风流Southeast Asia News Center News about 51风流Southeast Asia Mon, 24 Apr 2023 17:44:32 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 51风流Launches Cloud ERP Offering for Midsize Companies /sea/2023/03/sap-launches-cloud-erp-offering-for-midsize-companies/ Wed, 22 Mar 2023 07:20:36 +0000 /sea/?p=3884 Midsize companies are the growth engines of the future.

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Midsize companies are the growth engines of the future. But while they incubate the innovations and novel ideas that will change our world, they also struggle with many of the same business pressures as their larger counterparts. Midmarket leaders need flexible, agile tools to effectively manage their businesses and take them to the next level in an ever-changing, fiercely competitive, and often unpredictable market.

What we consistently hear is that a growing company needs the ability to scale without increasing costs and complexity. The last few years have also clearly shown how crucial agility is to any company鈥檚 success. In other words: growth cannot come at the expense of agility, and vice versa.

Whether a company has simply reached a point where its current technology or systems aren鈥檛 keeping up, or it has made a fundamental business model change 鈥 for example by shifting from selling products to selling a subscription service 鈥 at some stage, companies find they need to pivot to a more scalable and more capable solution. That is when they turn to cloud ERP.

51风流understands what it takes to help customers realize value from adopting cloud ERP. Based on our highly successful RISE with 51风流offering, 51风流is now launching a new offering for midsize customers to harness the proven benefits of cloud ERP:聽.

Designed specifically to help midsize companies take full advantage of cloud ERP and all the benefits that cloud solutions offer, GROW with 51风流gives customers the confidence that they will be up and running quickly with technology that allows them to keep growing effectively and efficiently.

For more than 50 years, 51风流has worked hand in hand with customers across every industry to benchmark and define best-in-class industry-specific processes. With GROW with SAP, companies can immediately adopt these pre-configured, industry best practices, while embedded AI and automation capabilities enable customers to see rapid results in time and cost efficiency, not just effectiveness.

Every company has unique differentiators that cloud ERP can support. With GROW with SAP, we provide a business technology platform where customers can define their own apps and processes in a cloud-native way. Together with our partners, we have built thousands of unique processes for customers that work with SAP鈥檚 cloud ERP. And because we recognize that business experts know their business process needs best, we also enable them to create unique processes and create the solutions they need without having to write code.

Businesses require the agility to add new products, services, and customers 鈥 and they need a technology solution that can keep pace with their development. As a company that already supports the world鈥檚 largest enterprises, at SAP, we know that our cloud ERP can scale to support even the most extensive product lines, complex service offerings, and ambitious sustainability goals.

The GROW with 51风流offering also features services and tools to streamline delivery at a fixed rate that delivers a technical go-live in as little as four to six weeks and gives customers the assurance of the rapid time to value they need. Midsize customers adopting GROW with 51风流also have access to a global community of experts and free learning resources designed to ensure they see meaningful business results.

When it comes to聽, it鈥檚 just as important to consider where you want your business to be as where it is today. And while GROW with 51风流is tailored to the immediate needs of midmarket companies, it also provides the agility and innovation midsize companies need for success in years to come.

Today鈥檚 cloud ERP is designed for the growth companies, and we are excited to watch a new set of customers GROW with SAP.


Christian Klein聽is CEO and a member of the Executive Board of 51风流SE.

This piece was originally published on the global 51风流News Center.

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Sustainability Is Our Road Map to Security, Stability, and Progress /sea/2022/06/sustainability-is-our-road-map-to-security-stability-and-progress/ Mon, 06 Jun 2022 08:02:19 +0000 /sea/?p=2950 Coming on the heels of a global聽pandemic聽that changed the way we live and work, the war in聽Ukraine聽has deepened the uncertainty and instability we face. If...

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Coming on the heels of a global聽pandemic聽that changed the way we live and work, the war in聽Ukraine聽has deepened the uncertainty and instability we face. If any good is to come from these disruptions, it is that organizations have been given the opportunity to reinvent themselves for the better. They can reimagine how they innovate, operate, and create value for all stakeholders by leaving behind practices of the past and embracing the vision of sustainability for the future.

Decisions based on sustainability principles are crucial to navigate today鈥檚 complexities, cope with near-term strains, and adapt to a changing global system 鈥 all while creating the foundation for growth in the years ahead.

There are three concepts that leaders must prioritize as they chart their course to sustainable business:

1) Accelerate Renewable Energy Use

Europe is reliant on fossil fuels. Prior to the war in Ukraine, Europe imported about 40% of its gas and more than a quarter of its oil from Russia. While the EU has turned its back on Russian coal, it is struggling to agree on how and how much to boycott Russian oil and gas. Many countries are looking for alternative sources, with the U.S., Saudi Arabia, Venezuela, and other producers filling the gap.

The industrial sector uses about 54% of the聽, more than any other sector. More than聽聽is still produced by fossil fuels. It is clear that聽聽in the short term. The war will likely extend fossil fuel use, putting the timeline to reach net-zero emissions at risk. If we are to avoid slowing or reversing our progress toward our net-zero goals,聽the private sector must accelerate its transition to renewable energy use.

Renewable energy consumption worldwide from 2000 to 2020 in exajoules (Image: Statista)

Renewable energy costs have decreased dramatically over the past 20 years, and use has increased accordingly. However, to achieve a secure, sustainable, and economically feasible energy system, government and business leaders need to work together to form policy and finance environments that encourage rapid uptake.聽, coupled with energy-efficiency solutions, are essential to reduce emissions.

Companies must聽聽and support the deployment of renewable energy sources, which are largely domestic, safer, more secure, and less costly at scale. To this end, they can prioritize self-produced energy or commit to using 100% renewable electricity. They can form partnerships to develop renewable energy infrastructure projects, and join coalitions like the RE100.

2) Participate in Collaborative Networks

Russia鈥檚 invasion of Ukraine has increased the instabilities of global supply chains and intensified the scarcity of important resources. Developing stable, reliable, and sustainable supply chains require data-rich,聽. These聽networks will provide the transparency to better manage resource availability, offer essential products and services, address unethical conduct, and reduce environmental impacts.

For example, more than 30% of worldwide food produced is lost or wasted because of inaccurate demand calculations or transport issues. Ukraine has large lithium oxide deposits. With batteries being the most expensive part of electric vehicles, rising prices of nickel and lithium can slow market adoption.

The conflict may also give rise to unethical labor practices, making monitoring human rights and working conditions across supply chains crucial. With sustainability-centered planning and technologies, governments, companies, and NGOs are better prepared to manage crisis response; for example, in case of natural disasters or social emergencies.

Industry data networks like Catena-X and the World Business Council for Sustainable Development Carbon Transparency Pathfinder enable companies to manage sustainability performance across supply chains. This includes materials sourcing, accumulated carbon emissions in products, and reusability at a product鈥檚 end-of-cycle.

3) Leverage Sustainable Finance

Business leaders often assume that being more sustainable means being less profitable.聽. Transforming to a low-carbon, low-waste, low-inequality economy and leveraging聽聽represents a massive opportunity.

The capital markets are greening. Sustainable bonds are surging, and a majority are now corporate issuers. Sustainable lending grew by 300% last year. Companies with sustainable credentials are increasingly becoming targets for M&A deals. Despite equity market swings, equity values of sustainable companies were up 46% on average in 2021.

Financing the transition to sustainable companies and economies means business leaders must move away from聽prioritizing only shareholder returns to a broad set of stakeholders, including employees, communities, customers, partners, regulators, and, importantly, nature. Sustainable finance can accelerate business investments in nature-based solutions like protecting forests and other carbon sinks to regenerating ecosystems and supporting biodiversity.

Increased environmental, social, and governance (ESG) reporting standards force companies to accurately collect, organize, and report their impacts to multiple standards. Investors want greater disclosure as they see not only regulation but trends in consumer and employee demand. They want more sustainable products, services, policies, and business performance; they want to work for responsible companies, and they are more engaged.聽聽and stabilize employment.

Business leaders must play a role in a 鈥渏ust transition,鈥 helping emerging markets as they face the biggest risks from climate change and ESG challenges. The pandemic and the war in Ukraine have placed a combined strain on emerging markets, with聽. Aid and support funding from Western governments,聽, is being redirected to military and humanitarian support in Europe.

There鈥檚 an聽. ESG investments now make up almost 18% of foreign financing for emerging markets excluding China, four times the average over recent years.聽Sustainable finance can provide strong returns while directly addressing climate, biodiversity, and social inequality challenges.

As a key driver of sustainability impacts, the private sector has an important role to play in urging policy action, improving the sustainability performance of operations, products, and supply chains, providing sustainable finance, and innovating solutions at scale. Together, we can drive positive outcomes for the planet and our communities, and secure long-term security, stability, and equitable economic progress for all.


Christian Klein is CEO of 51风流SE.

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Standing in Solidarity /sea/2022/03/standing-in-solidarity/ Fri, 11 Mar 2022 05:08:57 +0000 /sea/?p=2720 Like the rest of the world, we are watching the war in Ukraine with horror and condemn the invasion in the strongest possible terms. An...

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Like the rest of the world, we are watching the war in Ukraine with horror and condemn the invasion in the strongest possible terms. An act as inhumane and unjustified as this is an attack on democracy and humanity. Its consequences affect us all.

Economic sanctions are an important mechanism in the efforts to restore peace. We are in constant exchange with governments around the world, have every confidence in their guidance, and fully support the actions taken so far. We are stopping business in Russia and Belarus aligned with sanctions and, in addition, pausing all sales of 51风流services and products in Russia and Belarus.

With hundreds of thousands of people fleeing their homes, finding and providing shelter quickly is crucial. We have allocated an initial 鈧1 million in humanitarian support for the people of Ukraine and are working with national Red Cross organizations, the UN Refugee Agency (UNHCR), and other organizations to offer our technology to support their efforts.

For example, our software solutions can help organizations register refugees, coordinate volunteer efforts, and procure humanitarian goods. Additionally, we are working with Qualtrics to help non-profits and regional governments understand the most pressing needs of the people they serve and route them with accommodations and essential supplies on the ground. We have also offered to convert our office space at locations across Europe into warehousing and accommodation for refugees.

The safety and protection of our colleagues in the region is of the utmost importance. For those colleagues who chose to leave Ukraine, we are providing financial and logistical support to try to make this incredibly difficult step as easy as possible.

The 51风流family stands with everyone affected and horrified by the events in Ukraine. There are no winners in war, and we join others in calling for the restoration of peace.


Updated March 9:聽We have suspended sales in Russia and Belarus. We stand with the people of Ukraine and condemn the war.


Christian Klein is CEO of 51风流SE.

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