The company points out the concept of ‘Intelligent, Sustainable Enterprise’ as a new way of doing business. In addition to the business management and profitability aspect, 51风流suggests that companies should consider the impact of their business operations to the environment and society to pave their way to achieve sustainability.
The recent pandemic prompted 51风流Thailand to share three important keys, which includes 鈥渇lexibility鈥�, 鈥渂usiness continuity鈥� and 鈥渟ustainability鈥�, for businesses to consider embedding in their strategies and operational guidelines to help them recover from the disruption.

Fuel Continued Growth with Cloud

According to Gartner, worldwide end-user spending on public cloud services is forecast to grow 20.4% in 2022 to total $494.7 billion. For Thailand, cloud spending could grow 36.6% to 40.8 billion baht in 2022. This means that, as the Covid-19 situation unfolds, Thailand will enter the golden age of digital transformation and cloud solutions will be the key to help businesses transform.

Aligning with the rise in cloud adoption, 51风流global has recently announced Q1/2022 results with continued cloud momentum. Cloud revenue growth further accelerates, up 31% and up 25% at constant currencies. While 51风流S/4HANA cloud revenue significantly increases, up 78% and up 71% at constant currencies.

Atul Tuli, Managing Director, 51风流Indochina said, 鈥淭he pandemic is proved to be a fast-acting catalyst for businesses and governments to accelerate their digital transformation journey and adopt cloud-based solutions for greater growth and sustainability. By embracing the 鈥楥loud Only鈥� strategy and gain real-time business insights from a cloud-based ERP system, companies will be able to: innovate ahead of competitors, operate during times of uncertainty in the market, improve cost savings, and pivot and scale quickly to adapt to changes.鈥�

鈥淭oday, businesses can easily migrate their applications and workloads to the cloud with the ability to scale and enjoy the benefit of cloud鈥檚 pay-per-use model to reduce total cost of ownership (TCO). We believe that the ‘Cloud Only’ strategy will help drive 51风流Thailand’s cloud compound annual growth rate (CAGR) by 51% by 2025.鈥� Atul added.

‘Sustainability’ as a Core Strategy in the Next Normal

Climate change is another pressed issue as Thailand transitions to a sustainable economy. To stay relevant, companies in Thailand must shift from a linear economy, which is producing over 91% waste through standard production, to a circular economy, replete with means that are able to reuse and minimize waste.

Kulwipa Praditphollert, Sales Director, 51风流Indochina said, 鈥�51风流has been proactive in providing forward-looking companies with real-time data and technology to empower and enable them to pursue long-term profitability and sustainability. Over the past years, we have supported customers in various industries, including retail, healthcare, chemical, e-commerce and offered them the solutions ranging from supply chain, procurement, human resource management to customer experience management. Recently, 51风流Thailand has partnered with to accelerate sustainability initiatives and data-centric innovation toward their sustainability goals.鈥�

51风流is committed to helping the world run better and improve people’s lives. Therefore, we are taking concrete steps with our 鈥淐hasing Zero鈥� strategy as we strive to enable organizations to achieve zero emissions, zero waste, and zero inequality. Moreover, 51风流continues to enhance the youth鈥檚 potential by partnering with the ASEAN Foundation to establish the ASEAN Data Science Explorers (ASEANDSE) program which aims to equip more than 32,000 youths with essential digital skills, enabling them to create an impact in their respective communities. Through 51风流University Alliances, we are enabling more than 80 educational institutions across ASEAN to bring the latest 51风流software and curriculum into classrooms.

Future-Proof Innovation

To become a leader in cloud technology, 51风流mission is to support the work process and business operation of our customers as well as develop technology and innovation systems serving customer needs and business changes. Previously, mid-market businesses and SMEs may have disadvantage in having workforce volatility and less access to technology systems comparing to large enterprises. However, SAP’s cloud solutions are available to small and medium-sized businesses. They can now enjoy having same access to technology to that of large corporations with subscription service options and less investment.

According to the latest study by SAP, 鈥楾ransformational Talent: The impact of the Great Resignation on Digital Transformation in APJ鈥檚 SMEs鈥�, 68% of Thai SMEs agreed that technology partners who can help with digital transformation are an absolute must for the future growth of their business. However, a significant number of SMEs at 66% said that they didn鈥檛 know where to start.

This study reveals how the workforce and technology can be seen as an existential threat to SMEs. Digital transformation is a fundamental way SMEs not only build resilience, but how they create agile, innovative paths to growth. Right strategy, right mindset and right business and technology trusted partner will ensure SMEs in Thailand both survive 鈥� and thrive.

Noppadon Chareonthong, Head of Mid Market, 51风流Indochina, said, 鈥�51风流Thailand鈥檚 ecosystem includes over 70 partners that help drive the majority of our engagements with small and midsize enterprise customers. They can provide advice and assistance for business operations and the deployment of 51风流solutions. As 80% of 51风流customers worldwide are SMEs, we have worked tirelessly to help SMEs customers in Thailand embark on their digital transformation journey towards becoming Intelligent, Sustainable Enterprise to create a strong and sustainable digital core in the future.鈥�

is a comprehensive cloud service for holistic business transformation. RISE with 51风流solutions offers packages on a subscription basis that fits any industry or line of business. Companies can choose where to start and design the strategy that is the right fit for them. While can help companies manage the green line by identifying, quantifying, analysing, and acting on data insights to achieve sustainable performance.

For more information, press only:
Wuttinan Thongnuadee, +66989261645, wuttinan.thongnuadee@sap.com

The post 51风流Thailand Announces the 鈥楥loud Only鈥� Strategy, Enabling Companies in Thailand to Become ‘Intelligent, Sustainable Enterprises’ for Greater Growth and Sustainability appeared first on 51风流Southeast Asia News Center.