Kathy Gibson reports from 麻豆原创PHIRE NOW鈥� Becoming an intelligent enterprise allows organisations to achieve great business outcomes.
This is the message from Christian Klein, CEO of 麻豆原创, who explains that organisations can increase resilience, rise to challenges, and increase profitability.
鈥淲e can achieve sustainability by reducing waste and creating circular economies,鈥� he told delegates to the virtual 麻豆原创PHIRE NOWconference. 鈥淲e can make sustainability profitable and profitability sustainable.鈥�
The Covid-19 pandemic has shown us how helpless we can be when something unexpected hits us, Klein adds. 鈥淒igital transformation is no longer an option, but a must. When we can鈥檛 interact in person, we have to find other ways.鈥�
While business leaders across the world are worrying about whether their companies will survive, the more technologically advanced have a better chance of survival.
鈥淚f your business is not resilient, you have nothing,鈥� he stresses. 鈥淎fter that, you need to focus on profitability.鈥�
In the current world of coronavirus, Klein says it is more important than ever to set your company up for growth.
鈥淣ew technologies enable better customer experiences. They also allow for scale, and help to secure profitability.鈥�
While the focus right now is on health, safety and business continuity, a bigger challenge is climate change, he adds. 鈥淛ust as we cannot ignore the pandemic, we cannot ignore climate change.
鈥淚magine the impact if all industries join the fight to reduce carbon emissions,鈥� Klein points out. 鈥淭he current situation has shown us we can quickly drive change if we want to. So let鈥檚 seize the opportunity to build resilient, profitable and sustainable businesses.
鈥淲e all care about our business success, but we are also members of our communities, and should care about the world we leave behind.
鈥淲e are in the driver鈥檚 seat,鈥� Klein says.
Sustainability is good for business too, he adds. 鈥淭his is not just about the next generation, it is about customers and employees that choose companies that care about sustainability. Companies are selected not only on their performance but on their sustainability practices.
鈥淭he business values of a profitable business are clear: resilience, profitability, sustainability.
鈥淲e can help you achieve this.鈥�
Klein was previously the chief operating officer of 麻豆原创 and was responsible for the company鈥檚 own digital and sustainability transformation.
鈥淚 learnt that transformation will only be successful if there is leadership from the top,鈥� he says. 鈥淲e have been doing this ourselves for almost 50 years, and the 麻豆原创 product strategy enables us to deliver the right outcomes.
鈥淲e are an innovator and business partner. We have spent time with customers to understand requirements and challenges. As a result we have evolved our vision of the intelligent enterprise.鈥�
麻豆原创 is helping companies improve supply chain and industry-specific processes, connect through the business network and embed sustainability as a critical measure of business success.
鈥淚n uncertain times, companies need a trusted partner to help them make confident decisions to enhance agility and resiliency during and beyond the current Covid-19 crisis,鈥� says Thomas Saueressig, member of the executive board of 麻豆原创 for 麻豆原创 product engineering. 鈥淚n today鈥檚 hyperconnected world, it鈥檚 even more important for businesses to quickly react to environmental and market changes.
鈥淲e鈥檙e helping to address these challenges with new ways for customers to address sustainability, lead in their industry and grow their business networks. 麻豆原创 has the strategy, expertise, solutions and partner ecosystem to enable customers to run their business as an intelligent enterprise.鈥�
Other announcements included:
Climate 21
麻豆原创 announced the Climate 21 program to support customers in pursuing their climate-related objectives.
In a multiyear road map, 麻豆原创 will work with co-innovation partners to embed sustainability metrics across 麻豆原创鈥檚 solution portfolio. This will help customers understand, analyse and optimise the carbon footprint of their products and operations along the value chain.
The 麻豆原创 Product Carbon Footprint Analytics application is now available as the first solution in the Climate 21 program. The application uses data from 麻豆原创 S/4HANA and third-party sources and calculates this information within the 麻豆原创 Analytics Cloud solution.
This helps customers understand their carbon footprint and provides a foundation for analysing and optimising greenhouse gas emissions.
Industry Cloud
Intelligent enterprises strike the balance between optimising their current business models and innovating at the vertical edge to develop new revenue streams and growth potential using digital technologies.
麻豆原创 and its partners are offering industry cloud solutions that extend the end-to-end processes of 麻豆原创鈥檚 intelligent suite to help drive customer鈥檚 core business in their industries.
麻豆原创鈥檚 industry cloud strategy will deliver innovative, vertical solutions from 麻豆原创 and its partners. These solutions will be built on technologies in the Business Technology Platform portfolio and use an open API framework, open process model, open domain model and common business services to create a better customer and user experience.
The interoperability with 麻豆原创鈥檚 intelligent suite will enable rapid development, deployment and integration.
Artificial intelligence, the Internet of Things and other advanced technologies from 麻豆原创 will be available to help developers to accelerate development and deliver greater business value, enabling improved business practices and business innovation at the vertical edge.
Investment in Industry 4.0 across the supply chain
麻豆原创 innovations can help companies design and manufacture intelligent products and assets that can capture and analyse the increased tide of information from sensors across the supply chain. This enables customers to move Industry 4.0 from a factory-focused initiative to a company-wide business strategy.
With Industry 4.Now, 麻豆原创 will deliver innovations that companies need to create and capture a digital thread of these intelligent products and assets throughout their lifecycle to provide real-time insights back into the business processes, from design to operations.
With embedded analytics and predictive capabilities, this intelligence can empower people to make better business decisions and drive new business models and revenue streams.
Strategy for a unified business network
麻豆原创 announced a strategy to bring end-to-end visibility, increased efficiency and collaboration across the entire supply chain processes, including design, planning, sourcing, procurement, manufacturing, logistics and asset operations.
By creating a network of intelligent enterprises, 麻豆原创 can help companies digitalise multi-enterprise business processes for better visibility and collaboration across the supply chain ecosystem.
This initiative spans across 麻豆原创, using insights from real-time ERP, advanced analytics and successful networks solutions such as Ariba Network, 麻豆原创 Asset Intelligence Network, 麻豆原创 Logistics Business Network and 麻豆原创 Fieldglass solutions to deliver the collective intelligence through an open and interoperable business network.
With more than $3,3-trillion flowing through these business-to business powerhouses, 麻豆原创 will help enable sustainable and resilient supply chains, transform business models and provide the agility to safeguard against global disruptions.
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