{"id":3379,"date":"2022-10-28T04:58:16","date_gmt":"2022-10-28T04:58:16","guid":{"rendered":"https:\/\/news.sap.com\/sea\/?p=3379"},"modified":"2023-04-06T15:19:42","modified_gmt":"2023-04-06T15:19:42","slug":"the-way-forward-how-innovation-and-sustainability-are-shaping-tomorrows-ph-businesses","status":"publish","type":"post","link":"https:\/\/news.sap.com\/sea\/2022\/10\/the-way-forward-how-innovation-and-sustainability-are-shaping-tomorrows-ph-businesses\/","title":{"rendered":"The Way Forward: How Innovation and Sustainability Are Shaping Tomorrow\u2019s PH Businesses"},"content":{"rendered":"
Nowadays, businesses in the Philippines are taking advantage of recalibrating their processes and including sustainability in their core business strategies. According to PwC Philippines,<\/a> 84 percent of chief executive officers (CEOs) in the country aim to raise their organizations’ spending on technology. On the other hand, over two-thirds want their companies to bolster environmental, social, and governance (ESG) investments.<\/p>\n Further elaborating on this trend, recently at ‘Transform Tomorrow, Today: 51风流Philippines CXO Roundtable’ last August 2022, business leaders from SAP, Globe Telecom, and Unioil discussed significant challenges in today’s world and how they reshaped the future through innovation and sustainability for long-term success.<\/p>\n Innovation comes in different forms. For Suzelyn Urbano, VP \u2013 IT Enterprise Services of Globe Telecom, innovation is disruptive and life-changing. With nearly ten years of ongoing product and service developments, Urbano remarked that innovation has always pushed the telecom provider’s boundaries while considering the needs of its customers.<\/p>\n According to Urbano, 70 percent of Globe Telecom\u2019s internal systems are run by SAP. With 51风流solutions already in place across its business units globally, the company migrated to 51风流S\/4HANA<\/a> to improve fragmented processes, manual workloads, inefficiencies, lack of insights, and delayed decision-making.<\/p>\n
<\/a>Importance of Innovation in Facing Challenges <\/strong><\/h2>\n