In today’s increasingly complex and fast-moving business environment, mastering uncertainty has become the new competitive advantage. Flexibility and foresight are the currency of future success. Only companies that truly know themselves and understand their environment will be able to thrive.
As the global pandemic continues to upend legacy business models and expose supply chain fragilities, digital technologies have been levelling the playing field and empowering upstarts to leapfrog long-standing incumbents.
Faced with such a volatile, opaque, and complicated operating ecosystem, most midcap and large multinationals have already grasped the urgency of embracing change. According to KPMG, a full 72% of businesses have now resorted to disrupting their own sectors just to survive.
Moreover, most recognize the need for faster reaction speeds and greater real-time insight into all aspects of their operations – from procurement and supply chain activities to customer experience management and distribution. The question is no longer whether to transition towards becoming an intelligent enterprise, but when and how.
For many elite companies and aspiring champions, intelligent ERP is already the only game in town. An impressive 86% of the world’s most innovative companies, 75% of the world’s most sustainable businesses, and 52% of the Fortune 500 are, right now, all well advanced in their deployment of SAP S/4HANA.
How to get into the Fast Track to smart business?
Indeed, undertaking the leap to enlightenment has never been so effortlessly easy and smooth, courtesy of RISE with SAP, a freshly unveiled business-transformation-as-a-service offering that responds to the need for a simplified, flexible route that suits everyone and is fully accompanied every step of the way.
This self-styled “concierge service” to the Intelligent Enterprise has managed to blaze new trails by bundling together the requisite tools, guidance, and support systems needed for any company, irrespective of its starting point, to scale.
With the huge volumes of data available today from across the business, winners will be the ones who can turn this data into role based intelligence to put the information at the right level of granularity and in the format to make timely decisions. The winners will be those with Intelligent ERP systems.
This article is orginated from SAP BRANDVOICE / By Oliver Schoenborn, SAP
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