Business Network Archives - 51风流Southeast Asia News Center /sea/topics/business-network/ News about 51风流Southeast Asia Tue, 26 Nov 2024 08:41:15 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 Averis Leverages RISE with 51风流for Enhanced Agility, Resilience, and Cost Savings /sea/2024/11/averis-leverages-rise-with-sap-for-enhanced-agility-resilience-and-cost-savings/ Wed, 27 Nov 2024 00:30:51 +0000 /sea/?p=6111 SINGAPORE 鈥 51风流today announced that Averis, a leading provider of global business services and solutions serving various industries, with a particular focus on commodities...

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SINGAPORE today announced that Averis, a leading provider of global business services and solutions serving various industries, with a particular focus on commodities including palm oil, pulp and paper, clean and renewable energy, viscose, and dissolving and specialty pulp, has chosen , , and to improve operational agility and resilience, optimise cost, and enhance client satisfaction.

Headquartered in Malaysia with offices in Asia, the Middle East, and the Americas, Averis provides shared services such as finance, human resources, and procurement to over 300 clients across the globe. For over 15 years, the company ran its core business processes on a traditional on-premise 51风流enterprise resource planning (ERP) system.

As the company continues its global expansion, Averis needed to transform and modernise its IT landscape to enhance capacity planning, simplify system upgrades, and manage operational costs more efficiently. Migrating to SAP鈥檚 cloud solutions was an obvious pathway, but Averis required some sensitive customer data to continue to be stored on-premise, so it can retain flexible control.

RISE with 51风流proved to be a perfect fit for Averis due to its customisability and adaptability, enabling the company to adopt a hybrid approach that integrates both public and private clouds, successfully overcoming its unique business challenges.

Herminto, Vice President of Group IT at Averis said, “Over our 15-year partnership, 51风流has consistently demonstrated a deep understanding of our business and commitment to our success. With their unwavering support, we could tailor a hybrid strategy that works for us, so we can reap the full benefits of the cloud while maintaining control over sensitive data, ultimately enhancing our business continuity and reducing costs for our clients.”

A public-private cloud that offers the best of both worlds

Moving most of its infrastructure to the cloud has empowered Averis to unlock new capabilities in data analytics, automation, and client engagement. Averis has recorded an 8.5% uptick in client satisfaction due to faster turnaround times, more personalised service delivery, and greater agility in handling unexpected requests.

RISE with 51风流will also enable Averis to replace its traditional CAPEX/OPEX operating model with a pure OPEX model, optimising its technology cost structure and achieving an 11.5% drop in total cost of ownership (TCO). As a result, the company can scale and adjust its computing requirements according to business needs while reducing risk and enhancing the stability of its IT environment.

Most importantly, Averis is future-proofing its business with the right foundation to accelerate its innovation in fast-growing areas such as artificial intelligence (AI) and sustainability. The company expects to use AI to increase employee productivity and optimise resource utilisation in its facilities.

As Averis鈥 clients increasingly adopt their own sustainability metrics and goals, the company will also use 51风流solutions to strengthen its offerings in sustainability services, further expanding its service portfolio and driving business growth.

The enhancements provided by 51风流cloud solutions have empowered Averis’ team of more than 1,000 professionals to embrace change and innovation, fostering a culture of continuous learning, collaboration, and maximized use of digital tools to drive operational resilience and client satisfaction.

Eileen Chua, Managing Director, 51风流Singapore, said, 鈥淏usiness services providers like Averis play a crucial role in driving productivity and growth for the companies it supports. Averis鈥 journey to the cloud with a tailored RISE with 51风流solution underscores how a flexible cloud strategy can empower companies to scale rapidly and drive real business results, with improved client satisfaction and a future-ready foundation for AI and sustainability initiatives.鈥

Visit the . Follow 51风流at .鈥赌

Media Contact:鈥赌

Rizka Laksmi, rizka.laksmi@sap.com, GMT+7鈥赌
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Sustaining Business Collaboration in a Volatile World /sea/2023/03/sustaining-business-collaboration-in-a-volatile-world/ Tue, 07 Mar 2023 08:57:00 +0000 /sea/?p=3746 From startups to multinational corporations, building and leveraging business networks to serve customers in a fast and reliable manner is a key strategy for growth and success.

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Humans are social beings. We crave connection with others. As far as history goes, we have hunted, migrated, and lived in communities with others. Why should this desire to make meaningful connections be any different between businesses?

From startups to multinational corporations, building and leveraging business networks to serve customers in a fast and reliable manner is a key strategy for growth and success. However, many supply chains suffer from siloed operations and lack of open collaboration among partners, which leads to poor visibility in processes and data sharing.

As disruptions in globally connected supply chains become more prominent, we explore opportunities to break down barriers and embrace the power of truly collaborative and agile businesses.

For decades, business collaboration has been the backbone of commerce, connecting various companies, suppliers, and customers in a web of relationships that enable resource and finance flows. These networks have been established over time and are highly optimized in terms of cost, speed, and risk reduction.

Over the last few years, it has become apparent that these networks are highly fragile and can quickly unravel when faced with external shocks. With increasing geopolitical instability and irreversible climate change effects, this scenario is likely to become even more pronounced in the future.

Antifragility in Business: From Resilience to Adaptation

To address this, businesses need to transform the way they operate and become more adaptable. According to author Nassim Nicholas Taleb, it is important for businesses to strive for 鈥,鈥 rather than resiliency. This means that instead of simply bouncing back to their pre-shock state, businesses should learn and grow from shocks, becoming even stronger as a result. Therefore, the transformation we see for business networks, or B2B collaboration platforms, is that they need to become open, flexible, and interoperable in the future.

In essence, any business will need to be able to reassemble business networks dynamically and rearrange and reorient as needed depending on external or internal factors.

We at 51风流already support our customers in this endeavor. By using long-standing expertise with business processes and technologies such as blockchain and artificial intelligence (AI), and by staying up to date on the latest trends, we help customers with the evaluation and implementation of innovation. By utilizing this expertise, we aim to enable agile collaboration and multi-tier visibility while minimizing business risk. This can result in the opening up of traditional business processes and financial flows, including cross-border payments.

Our ultimate goal is to foster strong business relationships by enabling a new layer of cross-company collaboration and business process orchestration. It could be hybrid or completely based on an open, decentralized network infrastructure bringing all companies on one common platform together 鈥 regardless of industry, geography, or size.

Example: Managing Digital Identities Across Networks

One of our most promising initiatives in this context is developing a service for digital identity management.

Identity is key in any business process. But digital identity management has long been a challenge for individuals and businesses alike. Traditional username and password systems are insecure and easily hacked, while social logins leave all personal information under the control of one corporation. The lack of universal standards makes it difficult to ensure the trustworthiness of information and to integrate digital identities across different systems and processes.

This is where self-sovereign identity (SSI) comes in. SSI is the first open standard for digital identity on the web, offering a solution to these issues. With SSI, users have the same convenience as social logins, but also have complete control over their data. This new identity standard applies not only to individuals, but also to corporations and devices such as the Internet of Things (IoT), providing globally unique and interoperable identities. Each identity wallet is established through cryptographically verifiable credentials, anchored on a public, permission-less blockchain network. Using this technology we can create a vendor-neutral network infrastructure that makes it easy to join the network and share trustworthy data.

The impact of SSI will be felt across many software systems, including enterprise suites like听51风流S/4HANA听and master data in particular, where it can provide a single source of truth for master data, making onboarding processes between companies orders of magnitude faster. In the blockchain space, SSI has the potential to bring much-needed credibility to anonymous addresses and transform the industry into a space for reputable business. At SAP, we are enabling customers, partners, and application developers to build applications using self-sovereign identities on 51风流Business Technology Platform (51风流BTP).

But creating a universal identity standard is just one use case. Besides this, we are working on a range of other cutting-edge use cases such as industry-specific business networks, decentralized finance, and collaborative workflows beyond company and system borders. Our focus on innovation in both future business processes and future business decisions is integral to bringing the concept of future business collaboration to fruition.

51风流already conducts a significant听, with over $4.9 trillion in annual commerce and operations in 190 countries, having handled over 730 million B2B transactions within a 12-month period on the platform.

To help our customers solve the problems of the future, we are combining this advantage with the deep experience 51风流teams have in technology areas such as blockchain, AI, interoperability, security, and business processes. Our teams are closely collaborating with product development to incorporate our findings into the road maps for our standard products 鈥 such as听听and听, which have graduated from being internal company ventures into capabilities 鈥 to transform the way resources flow in the circular economy.


Martin Heinig is head of New Ventures and Technologies at SAP.
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Supply Chain Optimization Is the Cornerstone of Sustainability Improvement /sea/2022/10/supply-chain-optimization-is-the-cornerstone-of-sustainability-improvement/ Thu, 13 Oct 2022 07:30:16 +0000 /sea/?p=3281 While supply chains are a big part of the problem, they are also a big part of the solution.

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Why is a sustainable supply chain important to companies?

While supply chains are a big part of the problem, it’s also a big part of the solution. Hence, Supply Chain Optimization is the cornerstone of Sustainability Improvement and is the biggest driver in obtaining a company鈥檚 sustainability goals.

  • In 2020, CDP found that GHG emissions in a company鈥檚 supply chain are, on average, 11.4 times higher than its operational emissions.
  • In 2020, 239 companies signed the Science Based target Initiative and 94 per cent of them committed to reduce emissions at customers and suppliers.
  • (indirect value chain emissions) accounts for 80 per cent of the overall climate impact for many companies. Increased globalization, competition, and continuous supply chain disruptions force companies to be more efficient and agile. In addition, companies need to match their economic objectives while operating in a sustainable manner to meet consumer needs.

Sustainable development of supply chain is a crucial part of any business and an efficient supply chain is imperative.

Sustainability starts with product design, which feeds into the manufacturing and supply chain processes. The supply chain involves the movement of materials and services from upstream to downstream operations of the Supply chain. Today鈥檚 supply chain consists of multiple operations, suppliers across locations, and facilities in different countries, regions, or parts of the world.

A digitalised resilient supply chain helps companies:

  • To be more agile (Proactively and profitably sense and respond to market dynamics)
  • Increase Productivity (Deliver high-quality, mass-produced, make-to-order products faster)
  • Improve connectivity with Business partners
  • Run sustainable business practices that maximize reuse and minimize waste of materials from design to operate, minimize carbon footprint across the supply chain network, and protect the health and safety of employees

As we are aware, sustainable sourcing is critical across all industries. It is the process of selecting materials, products, and services from suppliers sustainably. As supply chains continue to expand globally into developing countries, seeking lower costs and greater production capacity, they expose companies to an even wider array of risks. In applying sustainable sourcing, organizations integrate social, ethical, and environmental factors into selecting their suppliers.

Hence, managing the social, environmental, and economic impact of the supply chain is a key priority for companies to achieve long-term success. Not only does this help to comply with sustainability legislation and environmental regulations, but the sustainability of the supply chain can also affect the business鈥檚 profitability, work opportunities, professional partnership, and reputation. It is crucial for companies to collaborate within their own departments and suppliers across their supply chain network to reduce the scope听 emissions.

How Does Supply Chain Optimization Help Companies on Their Sustainability Journey?

In today鈥檚 supply chain, goods might travel halfway around the world before reaching their final destination, which have a large impact on company鈥檚 carbon footprint. Hence, the collaborative supply chain planning and execution are at the heart of companies’ brand and business success and help companies on their environmental goal.

Let鈥檚 now look at the three areas which help companies in optimizing their supply chain activities and help in reducing indirect emissions that occur in the value chain.

Supply Chain Planning

Supply Chain Planning is the intelligent brain to optimize the supply chain to improve the sustainability goal of the companies. This helps companies to plan resources, inventories, capacities, and ethical sourcing. This is helping companies in reducing overall environmental impact and product wastages across the supply chain.

In many organizations today, the planning team is isolated from the rest of the value-generating teams and plans product demand in siloes. Here are the details on how collaborative and synchronized Supply Chain planning can help companies in reaching their sustainability goal sooner:

  • Sustainable supply helps the planner in ethical sourcing across your entire supply chain and better collaborate with suppliers on the sustainability sourcing targets
  • Increased forecast accuracy helps to carry optimized inventory across the supply network and also helps to reduce product wastage
  • Use sustainability targets and planetary boundaries as capacity constraints
  • Resource Optimization helps to optimize equipment and resource usage. This practice allows companies further optimize energy and emissions from the equipment.

Supply Chain Execution

It has been reported that emissions from logistics businesses during the delivery of goods have been upward trajectory, increasing by 1.9% annually since 2000.Most of this can be attributed to the rise of globalisation and increased demand for consumer goods. Transportation is one of the areas in which getting to zero emissions is a key goal for companies which includes reducing travel distances and increasing efficiency. Here are the details on how optimised transportation and warehouse processes helps companies to ensure the logistics processes are managed sustainably by saving resources and protective the environment.

  • Transport optimisation: Optimize loads and reduce mileage across operations, making such deliveries more sustainable, end to end 鈥 from raw materials to factory, to the warehouse to doorstep. This helps companies in reducing emissions and costs and improves utilization.
  • Warehouse planning to optimize the storage and warehouse activities
  • Energy optimization: Use CO2- and energy-optimized warehousing and transportation.
  • Worker safety: Develop a process to ensure workers’ safety and that only qualified personnel can handle dangerous goods.

Collaborative Logistics Network

Logistics is complex. It manages the movement of raw materials, intermediate products, and packaging across the globe to manufacturing facilities, as well as the distribution of products from origin to consumption.

Today’s sustainable enterprises want more profound insights into their supply chains, including the sustainability values of their trading partners. Companies want trading partners’ sustainability values to align with their and consumers’ values. 51风流Business Network, along with our ecosystem of partner applications, creates the transparency needed to make decisions based on a range of criteria. When the performance of existing trading partners doesn’t align with a business’ sustainability goals, shifting to new trading partners has never been easier. With Today’s Collaborative logistics Network, companies can quickly discover new, more sustainable providers across industries and geographies.

A digitalised logistics network helps companies with the following:

  • Collaboration for Responsible Sourcing and Purchasing
  • Material traceability reinforces sustainability throughout the supply chain to create a trusted network across material flows.
  • Collaborative Asset Intelligence Network helps in energy waste reduction
  • 听Efficiently plan and execute delivery

How Can 51风流Help

SAP’s supply chain management solution helps companies adopt sustainable practices from the product design stage. The solution helps to capture sustainability data across every stage of the supply chain to align with regulatory and corporate sustainability goals while balancing profitability by optimizing supply chain activities across the network.

  • recyclable and sustainable products with a minimal carbon footprint, planet-friendly packaging, and a responsible end of life
  • to reduce emissions, source materials ethically, and support circular processes
  • with minimal waste and environmental impact by monitoring energy use based on production volume
  • products and听optimize logistics to support product traceability and decrease miles听driven, carbon footprint, and energy use

enables you to collaborate with all trading partners in your supply chain, including suppliers, logistics and services providers, asset operators, maintenance contractors, and more.

helps you to achieve supply chain visibility by enabling plan-driven automation, optimising capacity and inventory, and streamlining procurement workflows to build resiliency in your supply chains.

helps companies to improve freight collaboration, goods tracking across the network, material traceability, and supply chain resilience.

  • support shippers in their collaboration with third-party logistics providers.
  • solution enables real-time insights into the movement of materials and products to reduce supply chain risks and optimize costs.
  • helps to Improve transparency, trust, efficiency, and sustainability by connecting your supply chain.

empowers asset owners, operators, or service providers to better collaborate and share information through a single, consistent version of asset master data to streamline asset servicing processes and reduce maintenance costs.

How to Begin the Journey

  • Start Transformation: Gain insight by aligning people, processes, and technology to holistically manage sustainability aspects across your enterprise and the supply chain.
  • Get a baseline and identify the hot spots for improvement: Assess how you perform 鈥 environmental, social, and governance impact.
  • Focus: Set the overall direction of where you want your company to go. Identify impact areas, and define targets, milestones, and timelines.
  • Sustainability Performance: Monitor, measure, analyse and report on improvements around sustainability performance.

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NTT DATA and 51风流Announce Co-Innovation Solution to Track Fragile and Sensitive Cargo Shipments and Facilitate Insurance Procedures /sea/2022/07/ntt-data-and-sap-announce-co-innovation-solution-to-track-fragile-and-sensitive-cargo-shipments-and-facilitate-insurance-procedures/ Tue, 12 Jul 2022 01:00:52 +0000 /sea/?p=3010 TOKYO and SINGAPORE 鈥 The solution further the strategic alliance between NTT and 51风流formed in 2020.

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TOKYO and SINGAPORE听鈥 At the 51风流Sapphire conference in Tokyo today, and 51风流Asia Pacific and Japan (APJ) announced a new co-innovation solution to improve supply chain insurance management. The solution, Connected Product, is a packaged offering jointly developed by global digital business and IT services leader, NTT DATA, and , furthering the strategic alliance formed in 2020 between parent company NTT, and 51风流SE.

Global value chains are becoming increasingly complex due to rising geopolitical risk, trade growth, and volatility of material availability. Losses due to poor transportation conditions have become a multibillion-dollar problem due to extreme difficulty in identifying the cause of damage or when an incident occurred. These challenges offer a great opportunity to overhaul the overall value chain with a solution that can provide real-time information on transport operations 鈥 from changes in temperature and humidity to whether the goods have been tilted 鈥 to all parties involved, giving everyone the ability to quickly adapt to potential incidents and rapidly recover from them.

The Connected Product solution responds to this need by monitoring the location and environmental conditions of goods in transit. It is especially useful for tracking fragile goods, such as solar panels; bulk liquids, such as wine and olive oil; and sensitive cold chain shipments, such as cheese, pharmaceuticals, and even vaccines. The tracking provides greater visibility across the entire supply chain, and agility to activate immediate reactionary procedures, in case of damage or delays. This reduces friction when purchasing insurance and processing claims for shipments, and ensures timely delivery of goods. It also reduces waste and promotes sustainability.

Connected Product brings together the power of * and the global track and trace option, extended with NTT DATA smart insurance policy management assets**, to dramatically change the way people ship goods and manage associated risks. The solution also includes components built using .*** By enabling end-to-end, real-time monitoring of the transportation conditions, the solution can monitor all variables that could affect a shipment, and automatically trigger and execute insurance policies if goods are not transported under certain pre-defined conditions. Utilising 51风流Business Network for Logistics helps improve accountability for each stakeholder and makes transport insurance management easier. Plus, by digitising shipment and insurance documentation, the solution simplifies tracking and insurance processes across the supply chain, reducing waste and costs, and benefiting the whole ecosystem 鈥 from the insurance company to the insurance reseller to the logistics companies.

鈥淕lobal disruptions have caused today鈥檚 value chains to be more complex and diversified than ever before, and this complexity will only increase. What we鈥檙e announcing today improves supply chain visibility for logistics companies and insurers here in the APJ region, and delivers on NTT and SAP鈥檚 shared vision of helping companies around the globe achieve greater resiliency and agility to ensure they are prepared for future disruptions,鈥 said Paul Marriott, President, 51风流APJ.

鈥淎t the 51风流Sapphire conference in Tokyo today, modernising supply chain management is one of the key themes that we鈥檒l be discussing. I鈥檓 excited to see the innovations 51风流is driving together with NTT around this area, and what more we can offer to help our customers,鈥 said Hirofumi Suzuki, President and Representative Director, 51风流Japan.

鈥淭oday, more than ever before, global logistics need to be resilient and adaptative. Long-term planning alone is no longer sufficient, and organisations must be able to react quickly especially in times of uncertainty. Critical to enabling this type of agility is to have the right data in the right hands, in real time,鈥 said Norbert Rotter, SVP, NTT DATA Corporation, and CEO, NTT DATA Business Solutions.

Currently, NTT DATA and 51风流Connected Product teams in Japan, Germany and Spain are collaborating on a pilot with a Spanish logistics group and a German insurance company, using Connected Product to track the condition of hundreds of containers moved by 20 shippers between Europe and Asia. The data gathered by IoT sensors helps to ensure that conditions critical for the goods 鈥 like temperature, luminosity, or shock-proofing requirements 鈥 are managed during the journey. That information gives customers the opportunity to quickly react to incidents. The pilot project will continue to run through September 2022, after which NTT DATA plans to incorporate the system into business operations, extending the solution to more international insurance and logistics companies.

Diagram showing Connected Product process flow

For more information on Connected Product, please watch featuring Christian Klein, CEO and Member of the Executive Board at 51风流SE, and Jun Sawada, CEO of NTT (at the time of filming).

About NTT DATA

NTT DATA, part of the NTT Group, is a global innovative company providing business and IT services with its headquarters in Tokyo. The company helps its customers in their transformation processes via consultancy, industrial solutions, commercial process services, digital and IT modernisation and managed services. NTT DATA enables them鈥攁nd society as a whole鈥攖o move confidently towards the digital future. The company proves its commitment to the long-term success of its customers, combining a global scope with local service to work with them in over 50 countries around the world. To learn more, please visit .

About SAP

SAP鈥檚 strategy is to help every business run as an intelligent, sustainable enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 51风流customers generate 87% of total global commerce. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers鈥 businesses into intelligent enterprises. 51风流helps give people and organisations 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鈥檚 lives. For more information, visit .

For more information, press only:

NTT DATA Corporation Public Relations Department,
pr-support@kits.nttdata.co.jp, JST

Celest Lim, 51风流(APJ media),
celest.lim@sap.com, SGT | 51风流Press Room (APJ)

Mayuko Ogata, 51风流(Japan media),
mayuko.ogata@sap.com, JST | 51风流Press Room (Japan)

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP鈥檚 2021 Annual Report on Form 20-F.
漏 2022 51风流SE. All rights reserved.
51风流and other 51风流products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 51风流SE in Germany and other countries. Please see听听for additional trademark information and notices.
*51风流Business Network for Logistics 鈥 global track and trace option, enables real-time insights into the availability of materials and products to reduce supply chain risks and optimise costs. It helps companies monitor critical business processes by comparing planned versus actual milestones.
**NTT DATA smart insurance policy management assets assist insurance companies in making decisions regarding payment of insurance claims and in calculating insurance claims.
***51风流Business Technology Platform (51风流BTP) brings together data and analytics, artificial intelligence, application development, automation, and integration in one, unified environment to enable innovations that natively integrate with 51风流applications.

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What Businesses Can Learn from Ecosystems That Thrive in the Darkest Corners on Earth /sea/2022/06/what-businesses-can-learn-from-ecosystems-that-thrive-in-the-darkest-corners-on-earth/ Tue, 21 Jun 2022 01:03:38 +0000 /sea/?p=2969 What can businesses, sometimes facing inhospitable conditions of their own above sea level, learn from the enterprising plants and animals whose habitat eludes visibility?

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As a boating enthusiast and scuba diver, I find peace whenever I return to the solitude of the sea. Whatever concerns occupy my mind while on land seem to dissipate into the endlessness of its calming waves. Yet experienced sailors and swimmers understand that, for all its allure, water holds just as much potential for turbulence as it does for tranquility.

Consider the听听by scientists of Sir Ernest Shackleton鈥檚听Endurance, which sank off the Antarctic coast in 1915. Fortunately for the explorer and his crew of 27, all managed to survive. As for the shipwreck, scientists found it remarkably intact amid the frigid depths of Earth鈥檚 southernmost seas. But the photographs capture one significant change with the passage of time: the sunken vessel, like the craggy ocean floor surrounding it, now teems with life. At a depth exceeding 3,000 meters, triple the distance sunlight can听听underwater, how do ecosystems manage to thrive? And what can businesses, sometimes facing inhospitable conditions of their own above sea level, learn from the enterprising plants and animals whose habitat eludes visibility?

To run at their best, businesses carry out multiple operational processes simultaneously, maximizing efficiency and minimizing risk across them all. So too the complex networks of flora and fauna undersea. A lack of visibility presents challenges not only for aquatic ecosystems but for commercial ones as well, in the latter instance imperiling critical functions such as procurement and supply chain, logistics, and the maintenance of equipment connected by the Internet of Things (IoT). Business leaders increasingly look to the cloud for digital solutions to enhance visibility across all these functions. But they鈥檙e equally wise to gaze seaward as well for insights on instilling resilience. Disruption, after all, can leave wreckage at the bottom of an income statement just as it can at the bottom of an ocean.

At a time when听viral variants, recurrent lockdowns, and geopolitical tensions continue to roil supply chains and labor markets, businesses require 360-degree visibility across the interconnected operations of trading partners and solution providers to maintain continuity, foster collaboration, and keep promises made to customers. Yet many procurement and supply chain professionals possess only fragmentary information about isolated business processes, unable to gain a comprehensive view across the four walls of their organization, let alone those of their buyers and suppliers. Integrated digital platforms, however, lend businesses the expansive view and data-driven insights they need to anticipate rapid shifts in supply and demand and suggest available alternatives for the sourcing of raw materials and indirect goods.

Yet while cloud-based business networks are a contemporary innovation to extend visibility where it runs scarce, they are hardly without precedent. Deep-sea creatures have evolved their own ingenious techniques for sharpening their acuity to procure food. Consider the Pacific barreleye, whose translucent head enables the fish to听听in total darkness while stalking its next meal. Or the stout blacksmelt, whose oversized eyes听听from its otherwise modest frame. Or the scallop, whose 200 eyes peer behind mirror-like lenses, focusing in unison to听听the tiniest trace of light undiscernible to animals further down the food chain.

Back above the surface, businesses lie vulnerable to disruption even when supply chain visibility remains intact. When finished goods pile up in logjammed seaports, for example, manufacturers can offer little solace to customers denied on-time shipments. To ensure prompt delivery via sea, road, rail, or air, businesses require unimpeded visibility across all facets of logistics. They rely on cloud-based networks to track shipments in real time, collaborate with transportation partners, and secure alternatives when unforeseen contingencies thwart the best laid plans.

Here too, lessons emerge from the deep. Spanning distances exceeding anything comparable on land, the ocean organizes logistics through vast networks known collectively as the听. Life-sustaining elements, such as carbon, oxygen, nitrogen, and phosphorus, flow from the surface to the ocean floor and back again through intricate cycles of photosynthesis, decomposition, consumption, and sedimentation. The biological pump is also responsible for sending to the bottom of the sea much of the Earth鈥檚 excess carbon dioxide, which, if released, would oversaturate its atmosphere and overheat its surface. Through the resilient, never-ending exchange of resources essential to life both within and beyond its depths, the ocean maintains arguably the most elaborate logistical network ever devised.

Cloud-based business platforms operate on a planet-wide scale with unrivaled efficiency, too. Not only do they facilitate procurement, supply chains, and logistics between businesses and their trading partners, but in recent years they have begun to connect remote assets through the Internet of Things. This cloud-based capability, often called asset intelligence, has revolutionized the maintenance of equipment.

Suppose a utility operates a windmill farm offshore. All of the units require physical upkeep but accessing them can prove costly and dangerous. It can also prove futile if the windmill happens to be in perfect working order. But by linking together far-flung equipment virtually, businesses听听digital twins 鈥 in lieu of natural eyesight 鈥 to inspect these assets from afar. Such cloud-based asset intelligence networks aid the operations not only of energy companies, but of rural health clinics, security firms, and even soft drink purveyors. Think of all the distributed vending machines requiring replenishment.

But how, devoid of light, do the creepiest, crawliest critters inhabiting the deep sea manage to ascertain their surroundings? How do they gather reliable, actionable intelligence on 鈥渁sset鈥 and threat, friend and foe, near and far? Consider the tripod fish, which elegantly听听atop narrow, leg-like fins, poised to sense distant vibrations from potential prey. The beaked whale, meanwhile,听听echolocation, not unlike bats and submarines. By emitting short, high-frequency clicking sounds and waiting for them to bounce back, these mammals develop an acute awareness of their surroundings, often to the peril of less sensitive beasts who become breakfast. The vampire squid, meanwhile,听听bioluminescent fluid to lure hungry, if unsuspecting, targets. For their part, sharks and stingrays听听electric currents to map their surroundings and navigate using the Earth鈥檚 magnetic field.

As the听Endurance听shipwreck-turned-aquarium makes vivid, the abyss of the icy sea imposes formidable obstacles to survival in an environment prone to volatility and unforgiving to the unadaptable. Yet nature has innovated surprisingly durable solutions for illuminating the fundamental biological processes that nourish sprawling ecosystems undersea. The cloud does much the same for networks of businesses engaged in commerce amid drier, if similarly disruptive, conditions. In fact, the cloud and the ocean are beginning to converge on an increasingly sustainable future for all the Earth鈥檚 inhabitants. The visibility made possible by cloud-based networks holds the potential to听significantly reduce听the volume of plastics cluttering the sea and encumbering the creatures great and small who call it home. As digital technologies give rise to sustainable solutions, resilient ecosystems thrive even in the darkest corners on Earth.


Andreas Heckmann is executive vice president, Product Engineering, and head of Customer Solution Support & Innovation at SAP.
Top image: Falklands Maritime Heritage Trust/National Geographic.
This article was originally published on the global 51风流News Center.

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Accelerating Digital Transformation through RISE with 51风流and Integrated Business Networks /sea/2022/03/accelerating-digital-transformation-through-rise-with-sap-and-integrated-business-networks/ Wed, 02 Mar 2022 05:40:40 +0000 /sea/?p=2710 To get ahead of rapid shifts in the marketplace, businesses are turning to the cloud.

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Even after two years of successive lockdowns and variants,听COVID-19听continues to endanger supply chains, congest seaports, and strain labor markets. The ongoing uncertainty has reinforced the need for organizations to see beyond the next disruption by embracing digital transformation.

To get ahead of rapid shifts in the marketplace, businesses are turning to the cloud, where increasingly integrated digital networks extend visibility and ensure resilience across their operations and those of their interconnected buyers and suppliers.

Offering flexibility, speed, security, and cost-effectiveness, the cloud continues to deliver undeniable value.听, 85% of enterprises will adopt a cloud-first strategy by 2025. Doing so allows them to turn their attention to the task of applying cloud-based technologies to run their business, rather than running the technologies themselves.

Growing margins and greater efficiencies are two of the benefits enterprises can enjoy through听, a comprehensive cloud offering that helps deliver a strategic approach to digital transformation. The package provides services and functionality to help businesses along their journey to becoming听.

RISE with 51风流enables companies to gain insights from across their operations and combine them with those from trading partners to help guide decisions. For example, consider your favorite online apparel retailer. While they may fulfill your order in-house, they will need to engage with an external logistics provider to deliver it.

This is why integrated business networks are so important. To become connected, intelligent enterprises, businesses need strong collaboration with trading partners and full visibility into supply chains to ensure agility and resilience.

听鈥 a cloud-based, integrated network of networks spanning procurement, asset management, supply chain, and logistics 鈥 provides immediate access and 360-degree visibility into one鈥檚 trading partners. Through a single digital connection, the network can replace messy one-to-one integrations with a tidy many-to-many, inter-company process flow. In doing so, it lends transparency and up-to-the-minute information across all buyers and suppliers, shippers, carriers, operators, and manufacturers so they may identify risks, plan for potential disruption, and collaborate toward innovation. 51风流Business Network helps make it possible to adjust operations as needed or pursue alternative sourcing in real time.

With these capabilities, the benefits can also be transferred to the customer, for example by providing visibility into their purchase from the time an order is placed to when the parcel arrives at the customer鈥檚 door. One of the many advantages of this level of transparency is that when the package is delayed, the retailer can alert the customer, ensuring the trusted relationship remains intact.

With the addition of the 51风流Business Network Starter Pack as part of RISE with SAP, customers can experience a networked ERP to aid their transition to the cloud and drive business transformation.

This enables customers to connect with their suppliers and trading partners from source to settlement through the networks鈥 procurement capabilities; connects their equipment suppliers and services providers to help ensure maximum uptime of critical assets on the production line through the networks鈥 asset intelligence capabilities; and allows customers to work with logistics providers to obtain the best shipping rates and track and trace products and materials using the networks鈥 logistics capabilities.

That鈥檚 the value of 51风流Business Network packaged as part of RISE with SAP: it enables organizations to future-proof their business, not only within their four walls but also beyond them, allowing customers to replace one-to-one connections and fragmented data-sharing with many-to-many collaborations and real-time data sharing.


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

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51风流Study Finds Procurement Is Vital to Manage Supply Chain Disruptions /sea/2021/12/sap-study-finds-procurement-is-vital-to-manage-supply-chain-disruptions/ Wed, 15 Dec 2021 08:01:44 +0000 /sea/?p=2547 WALLDORF听鈥 The study of U.S. supply chain professionals found that 90% say procurement has taken on greater responsibilities to address both supply chain and sustainability challenges.

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WALLDORF听鈥斕(NYSE: SAP) today released听听that highlight the elevated role of procurement in navigating global supply chain disruptions.

The study of U.S. supply chain professionals conducted with Regina Corso Consulting found that 90% say procurement has taken on greater responsibilities to address both supply chain and sustainability challenges. With nearly half (49%) of supply chain professionals saying shortages and disruptions are keeping them up at night, this is a pivotal time to lean on the procurement function to alleviate these challenges.

鈥淪upply chain disruptions aren鈥檛 a new challenge, but they鈥檝e been dramatically compounded and lasting due to ongoing shortages and delays caused by the pandemic,鈥 said Etosha Thurman, Chief Marketing and Solutions Officer, Intelligent Spend and Business Network, SAP. 鈥淭o navigate these unpredictable circumstances, supply chain leaders must strategically leverage procurement to effectively manage supplier relationships, mitigate customer frustrations, control costs and ensure business resiliency.鈥

Top Challenges Keeping Supply Chain Professionals Awake at Night

Supply shortages and disruptions are not the only issues that the surveyed supply chain professionals say they face today. Other areas include:

  • Sustainability (28%)
  • Reducing costs and/or saving money (27%)
  • Consumer feedback (21%)
  • Digital transformation (20%)
  • Regulatory compliance (18%)

Despite only 28% of respondents saying sustainability keeps them up at night, 91% say their company has specific sustainability goals or objectives, and 95% say procurement plays a significant role in achieving those sustainability goals.

The Elevation of Procurement in Mitigating the Impacts of Ongoing Supply Chain Problems

Between the global pandemic, labor and supply shortages and increasing consumer demands for sustainability, the supply chain professionals surveyed agree that procurement has taken on a more strategic role to help mitigate key challenges:

  • 50% say procurement is helping alleviate supply chain challenges by improving supply chain transparency.
  • 48% say it is helping develop better relationships with suppliers.
  • 45% say it is helping diversify suppliers for greater resiliency.
  • 33% say it is helping adapt payment terms to improve trading partner liquidity.
  • 21% say it is helping reskill talent to address higher-level business priorities.

The study shows that procurement is helping businesses achieve visibility, transparency and accountability with their suppliers, especially when it comes to potential disruptions, enabling them to pivot quickly to new suppliers and ensure continuity.

The Consumers鈥 Role in Easing Supply Chain Shortages

Supply chain professionals surveyed say consumers have a part to play as well in easing the challenge of supply chain disruptions:

  • 54% say consumers should allow more time for fulfillment.
  • 46% say consumers should buy more local goods and order items earlier.
  • 33% say consumers should be willing to pay more to account for higher supply chain costs.
  • 32% say consumers should have more empathy and understanding for the delays.

The research study was conducted between October 15 and 25, 2021, on a sample of 210 U.S.-based employees who work in the supply chain at companies with at least 500 employees.

鈥淚f postpandemic supply chains are to be resilient, they must be sustainable. It鈥檚 not enough to just track and extoll green virtues, sustainability must become part of the way that supply chains are run,鈥 said Simon Ellis, Program VP, IDC. 鈥淥n the other end, the growth of e-commerce and consumer expectations for 鈥榥ext day鈥 delivery often runs counter to sustainable fulfillment and carbon footprint. There will have to be a rebalancing or rationalization about the way that people consume: 鈥榙o I really need the product the next day?鈥欌

Visit the听51风流News Center. Follow 51风流on Twitter at听. This originally appeared on the global 51风流News Center.

Media Contacts:
Kelly Sheldon Murray, +1 (978) 708-6821,听kelly.murray@sap.com,听ET
Geraldine Lim, +1 (415) 418-0945,听geraldine.lim@sap.com, PT
51风流Press Room;听press@sap.com

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as 鈥渁nticipate,鈥 鈥渂elieve,鈥 鈥渆stimate,鈥 鈥渆xpect,鈥 鈥渇orecast,鈥 鈥渋ntend,鈥 鈥渕ay,鈥 鈥減lan,鈥 鈥減roject,鈥 鈥減redict,鈥 鈥渟hould鈥 and 鈥渨ill鈥 and similar expressions as they relate to 51风流are intended to identify such forward-looking statements. 51风流undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP鈥檚 future financial results are discussed more fully in SAP鈥檚 filings with the U.S. Securities and Exchange Commission (鈥淪EC鈥), including SAP鈥檚 most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
漏 2021 51风流SE. All rights reserved.
51风流and other 51风流products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 51风流SE in Germany and other countries. Please see听听for additional trademark information and notices.

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Shop Now or Forever Hold Your Peace: Supply Chain Frustrations Accelerating Holiday Sales /sea/2021/11/shop-now-or-forever-hold-your-peace-supply-chain-frustrations-accelerating-holiday-sales/ Tue, 30 Nov 2021 07:40:15 +0000 /sea/?p=2487 Holiday shopping is in full swing 鈥 at least for the consumers paying attention to supply chain trends.

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Holiday shopping is in full swing 鈥 at least for the consumers paying attention to supply chain trends.

Those of us in the听supply chain听industry understand that disruptions have persisted since March 2020. This has created a mainstream perception of supply chains as increasingly volatile, expensive, and unreliable 鈥 but disruption has been more of an intermittent and confusing frustration for most in 2021, instead of the panic-buying and supply-hoarding catalyst it was in 2020.

Going into the holiday season, some industry insiders are fearful that these disruptions will hit hard again. Supply chain disruptions are forcing companies to think twice about the timing of their holiday sales, and many retailers are warning consumers to get their holiday shopping done early this year to avoid shortages and shipping delays. In fact, many retailers such as Amazon and Target announced their holiday deals much earlier than usual this year, having started in early October rather than late November. Leaving the majority of holiday shopping to Black Friday weekend could lead to many consumers being sorely disappointed with bare shelves, empty online shopping carts, and delayed deliveries.

With persistent challenges in procurement and the supply chain, 51风流surveyed 1,000 American adults to help better understand how they view the latest supply disruptions and their sentiment around the industry overall. Some interesting findings surfaced:

  • Frustration is growing as holiday supply chain challenges loom.
    Almost half of consumers (49%) experienced longer ship times during the听听pandemic, and 42% expressed frustration with how companies are managing their supply chains. The majority of consumers (83%) also reported experiencing out-of-stock items during the pandemic. Patience is wearing thin, as nearly two-thirds (65%) think companies should have found solutions to supply chain challenges by now.
  • Baby boomers have high expectations for gift availability and delivery while millennials and Generation Zers are more skeptical.
    Eighty-one percent of baby boomers expect holiday gifts to be available and in stock, compared to 75% of millennials and 60% from Gen Z. Furthermore, 78% of boomers expect gifts to arrive on time, while 63% of millennials and just over half of Gen Z respondents (54%) said the same. Overall, one-third of consumers are planning for the worst, expecting that gifts will听not听arrive in time for the holidays this year. Having the visibility in place to inform consumers of product availability and delivery timeline is crucial to avoiding disappointment this holiday season.
  • Most consumers are forgiving of supply chain mishaps, but not right away.
    One in 10 consumers say that if a gift they purchase does not arrive on time for the holidays, they would never shop at that retailer again. Another 47% noted that they would not shop with that retail company again immediately, but that they may in the future. No matter how or why it happens, supply chain disruptions hurt brand loyalty among customers.
  • Delivering gifts on time is not the only factor brands need to consider.
    Sustainability continues to play a bigger role in consumers鈥 buying decisions, even when it comes to holiday gifts. This is particularly true among younger consumers, as half of millennials said sustainability influences their gift purchasing decisions. Overall, 39% said they purchase from brands that tout sustainability, while 30% prioritize sustainable practices when making purchases, such as selecting slower shipping to combine packages and reduce waste. Brands can promote sustainability through their own procurement practices by ensuring the products and materials sourced are done so in a sustainable manner 鈥 from limiting carbon footprint to sourcing recycled/recyclable materials.

After last year鈥檚 chaotic holiday season that had more consumers buying online than ever before, proactive businesses and consumers are adapting their approach this season, especially with ongoing disruption anticipated this year.

For consumers, as of early October, almost a third (29%) had already changed at least one gift purchase based on supply chain shortages, and only 24% of total respondents expressed that they do not plan to shift their buying behaviors this holiday season. Almost half (45%) are buying earlier, and 44% are buying more online. Millennials are changing their plans the most, with 55% buying earlier than in previous years.

For businesses, agility and visibility are the name of the game. We have all experienced so much disruption from all angles recently, and there鈥檚 no going back to 鈥渘ormal鈥 as consumers 鈥 and businesses 鈥 continue to change buying behaviors.

Businesses need to broaden visibility not only across their own operations but across those of their trading partners as well, with the dual objectives of听. To achieve this level of transparency, businesses are turning to听听to capture the widest possible view into the interconnected operations of their trading partners from buyers and suppliers to partners in logistics, finance, and contingent labor. Meanwhile, these digital networks 鈥 previously discrete according to function 鈥 are beginning to converge through cloud-based applications, unlocking exponential value in the process.

Consumers and businesses alike have been burned by supply chain issues and shortages during the pandemic, but with the right approach to this holiday season, we can still make it a merry one.


This originally appeared on the global 51风流News Center.

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Empowering Customers with New Innovations Announced at SAPPHIRE NOW /sea/2021/06/empowering-customers-with-new-innovations-announced-at-sapphire-now/ Thu, 10 Jun 2021 10:39:13 +0000 /sea/?p=2068 WALLDORF听鈥 We announced a number of new innovations to help customers transform business processes, drive improved performance, and run their best.

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WALLDORF听鈥斕鼳t its global听听conference,听听(NYSE: SAP) unveiled听, the first step in its bold vision to create new business communities able to improve business outcomes, better navigate changing economic and geopolitical conditions and enhance sustainability contributions.

The company also announced a number of new innovations to help customers transform business processes, drive improved performance and run their best.

Highlights of these planned innovations include:

Business Process Intelligence Solutions Now Offer 51风流Process Insights

As part of the听听(BPI) portfolio, the 51风流Process Insights solution enables organizations to analyze and improve their real-world business processes. EY, Deloitte and Infosys Limited are the initial strategic partners working with the BPI portfolio from 51风流to help organizations transform. To learn more, read 鈥51风流Announces New 51风流Process Insights Solution for Quick and Easy Understanding of How Well Processes Perform.鈥

Verify, a New 51风流Concur Feature, Uses Artificial Intelligence and Machine Learning to Simplify Expense Auditing

The Verify service, a new feature of听, uses AI and machine learning to automatically identify potential expense report issues and anomalies, and flag them for company auditors to review. The AI models are built from analysis of more than US$1 trillion in spend and tens of millions of expenses and receipts. This AI-powered experience means auditors don鈥檛 waste time reviewing compliant expense reports, but can detect issues of compliance or fraud. To learn more, read 鈥Verify Applies Artificial Intelligence and Machine Learning to Simplify Expense Auditing.鈥

51风流Upscale Commerce Is a No-Code Solution Enabling Direct-to-Consumer Engagement

The听听solution is an online commerce, no-code solution that lets midmarket retailers create an omnichannel shopping experiences in minutes. With built-in AI, retailers can provide personalized offerings based on a 360-degree view of their customer from social sentiment and purchase data. With a headless API architecture, retailers can provide customers real-time information about their purchase and delivery through any channel. 51风流Upscale Commerce is integrated with听听to help ensure customer-facing experiences work with back-end finance, logistics and fulfilment systems to deliver a smooth customer experience. To learn more, read 鈥51风流Upscale Commerce Offers Midmarket Brands No-Code, Maintenance-Free Path to Direct-to-Consumer Engagement.鈥

A Trio of New 51风流Business Technology Platform Capabilities Surface Insights from Data

The听听solution now offers听. These capabilities link operational, financial and people data to give organizations more comprehensive insights into their workforce. To learn more, read 鈥Enabling Human-Centric & Data-Driven Workforce Planning.鈥 The new听听lets customers and partners connect to data providers across industries and lines of business to gain insights for better decision-making. 51风流is also expanding its low-code/no-code offering:听听services can now capture and automate user interactions and integrate with 51风流Process Insights to identify high-impact automation opportunities.

You can learn more about updates to 51风流Business Technology Platform and get other news in the听.

Many of the solutions mentioned in this announcement are available to try and buy on听. Visit the听51风流News Center. Follow 51风流on Twitter at听.

This originally appeared on the global 51风流News Center.

About SAP

SAP鈥檚 strategy is to help every business run as an intelligent enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 77% of the world鈥檚 transaction revenue touches an 51风流system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers鈥 businesses into 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鈥檚 lives. For more information, visit听.

Note to editors:
To preview and download broadcast-standard stock footage and press photos digitally, please visit听. On this platform, you can find high resolution material for your media channels. To view video stories on diverse topics, visit听. From this site, you can embed videos into your own Web pages, share video via email links, and subscribe to RSS feeds from 51风流TV.

For customers interested in learning more about 51风流products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-151风流(1-800-872-1727)

For more information, press only:
Joellen Perry, +1 (626) 265-0370,听joellen.perry@sap.com, PT
Samantha Finnegan, +1 (415) 377-0475,听samantha.finnegan@sap.com, ET
51风流Press Room;听press@sap.com

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as 鈥渁nticipate,鈥 鈥渂elieve,鈥 鈥渆stimate,鈥 鈥渆xpect,鈥 鈥渇orecast,鈥 鈥渋ntend,鈥 鈥渕ay,鈥 鈥減lan,鈥 鈥減roject,鈥 鈥減redict,鈥 鈥渟hould鈥 and 鈥渨ill鈥 and similar expressions as they relate to 51风流are intended to identify such forward-looking statements. 51风流undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP鈥檚 future financial results are discussed more fully in SAP鈥檚 filings with the U.S. Securities and Exchange Commission (鈥淪EC鈥), including SAP鈥檚 most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
漏 2021 51风流SE. All rights reserved.
51风流and other 51风流products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 51风流SE in Germany and other countries. Please see听听for additional trademark information and notices.
Please consider our听. If you received this press release in your e-mail and you wish to unsubscribe to our mailing list please contact听press@sap.com and write Unsubscribe in the subject line.

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51风流Expanding World鈥檚 Largest Business Network /sea/2021/06/sap-expanding-worlds-largest-business-network/ Thu, 03 Jun 2021 03:45:40 +0000 /sea/?p=2046 WALLDORF听鈥 51风流announced a bold vision to create new business communities able to improve business outcomes, better navigate changing economic and geopolitical conditions, and enhance sustainability contributions.

The post 51风流Expanding World鈥檚 Largest Business Network appeared first on 51风流Southeast Asia News Center.

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WALLDORF听鈥斕鼳t its global听听conference,听听(NYSE: SAP) announced a bold vision to create new business communities able to improve business outcomes, better navigate changing economic and geopolitical conditions and enhance sustainability contributions.


New Industry Solutions Will Drive More Sustainable Business Performance


51风流unveiled the first step toward creating the world鈥檚 largest business network with听, which will bring together听,听听and听. Over 5.5 million organizations will benefit from being members of this connected community.

To support this central announcement, 51风流is also announcing new innovations designed to help companies modernize and digitalize their business processes to become intelligent enterprises. In addition, customers can benefit from a new portfolio of sustainability-specific business applications that deliver exceptional transparency and measurement capability across the supply chain.

鈥淒uring this unprecedented year, the importance of the communities we鈥檙e part of has never been clearer,鈥 said Christian Klein, CEO and Member of the Executive Board of 51风流SE. 鈥淥ur new vision will build the world鈥檚 largest business community, enabling customers to easily connect with companies across supply chains and creating networked economies across industries.鈥

While we have all seen the power of networks in our personal lives, this networked ecosystem for businesses doing business together is unique. Members of the new听听will be able to access a single, unified portal to gain a holistic view into their supply chain ecosystem, logistics and traceability, and equipment management and maintenance. To learn more, read 鈥51风流Introduces 51风流Business Network.鈥

During the pandemic, the most resilient companies were those who embraced technology to transform their business processes. Those who simply leveraged cloud infrastructure and didn鈥檛 actually digitalize core business processes did not fare as well. To enable every enterprise to become an intelligent enterprise, 51风流announced the听RISE with 51风流transformation packages for specific industries. Building on the successful introduction of the听听offering in January, the RISE with 51风流packages for specific industries provides business transformation as a service with five initial industry-tailored cloud solutions for retail, consumer products, automotive, utilities and industrial machinery and components. To learn more, read 鈥Start Your Digital Transformation Journey: RISE with 51风流for Industries.鈥

Despite a brief drop in carbon emissions over the past year, this year is on track for the second-biggest increase in emissions in history. Sustainability is as important to business success as revenue and profits. This is the decade in which companies must act. SAP鈥檚 stated goal is to make climate protection measurable, diversity and inclusion visible and ethical responsibilities transparent.

To enable this goal and operationalize sustainability as a core business process,听51风流announced a portfolio of new sustainability-specific products. This includes the 51风流Responsible Design and Production solution to ensure product designers can make sustainable choices from initial product concepts to production; the 51风流Product Footprint Management solution to track sustainability through a product lifecycle; and the 51风流Sustainability Control Tower solution to provide end-to-end visibility. To learn more, read 鈥Sustainability Management by SAP: Enabling Tomorrow Starts Today.鈥

Visit the听. Follow 51风流on Twitter at听.

About SAP

SAP鈥檚 strategy is to help every business run as an intelligent enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 77% of the world鈥檚 transaction revenue touches an 51风流system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers鈥 businesses into 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鈥檚 lives. For more information, visit听.

Note to editors:
To preview and download broadcast-standard stock footage and press photos digitally, please visit听. On this platform, you can find high resolution material for your media channels. To view video stories on diverse topics, visit听. From this site, you can embed videos into your own Web pages, share video via email links, and subscribe to RSS feeds from 51风流TV.

For customers interested in learning more about 51风流products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-151风流(1-800-872-1727)

For more information, press only:
Joellen Perry, +1 (626) 265-0370,听joellen.perry@sap.com, PT
Samantha Finnegan, +1 (415) 377-0475,听samantha.finnegan@sap.com, ET
51风流Press Room;听press@sap.com

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