{"id":3825,"date":"2020-04-20T09:56:17","date_gmt":"2020-04-19T23:56:17","guid":{"rendered":"https:\/\/news.sap.com\/australia\/?p=3825"},"modified":"2023-09-29T07:29:17","modified_gmt":"2023-09-28T21:29:17","slug":"people-and-technology-working-together-in-crisis","status":"publish","type":"post","link":"https:\/\/news.sap.com\/australia\/2020\/04\/20\/people-and-technology-working-together-in-crisis\/","title":{"rendered":"People and Technology Working Together in Crisis"},"content":{"rendered":"

As the business world continues to adjust with COVID-19 it is important to understand technology\u2019s role in adjusting people\u2019s and businesses\u2019 ways of working.<\/p>\n

In our latest episode of The Best Run Podcast<\/a>, I was fortunate to speak with 麻豆原创 Vice-President and Global Innovation Evangelist, Timo Elliott<\/a>. We discussed the ever-shifting world in the light of COVID-19 and the technology solutions that are helping business adjust, adapt, and evolve.<\/p>\n

Due to the rapidly developing situations across international governments and businesses, Timo acknowledged that change is not optional for most organisations right now. \u201cAround the globe, people are being forced into more digital transformation in a tighter timeframe than they had ever imagined,\u201d he explained.<\/p>\n

\u201cEverybody is facing the same issues: how to embrace the changes with as much confidence as possible. How can companies minimise the risks and maximise the opportunities, to stay resilient now and reinvent themselves in the future.”<\/p>\n

\u201cWhat is important are the same things they\u2019ve always been \u2013 how do companies define and focus on their core competency, how can they drive deeper customer relationships, the advantage of new business models, how can they streamline operations, and ultimately emerge stronger than ever before?\u201d<\/p>\n

Timo noted that the most critical element at times like this is transparency, which stems from good data. \u201cTo make decisions we need to take the data we have available and turn it into reliable insights,\u201d he explained.<\/p>\n

\u201cWe\u2019ve been talking about the data value equation, in general, \u2018amount times quality times usage equals value\u2019. The more data you have, the better the quality, and the more people get to access and use it, the more value you\u2019ll get. I think that\u2019s a good basis for thinking about how organisations can move forward in this environment.\u201d<\/p>\n

According to Timo, cloud-based data orchestration allows business to connect that data to create a holistic view of business networks without physically moving it. \u201cThese data pipelines connect to business applications, or a data warehouse, or your suppliers\u2019 data, a data lake, or some spreadsheets someone\u2019s pooled together, and you can bring that information together to get a single view.\u201d<\/p>\n

At the heart of all this is the breakthrough technology of machine learning, Timo expressed. \u201cPredictive analytics, advanced statistics, machine learning \u2013 these technologies have been around for decades, but really in the last few years they\u2019ve made a breakthrough in terms of the computing power available and the quality of the algorithms and the amount of data available.”<\/p>\n

\u201cMachine learning technologies are more powerful when you\u2019ve got lots of data to build the models. It\u2019s basically sophisticated pattern matching \u2013 it\u2019s not magic or anything like human intelligence. It really is automating complex and repetitive decisions in new ways. This is a huge opportunity for any kind of data leverage. It means, firstly, that we can automate applications.\u201d<\/p>\n

Timo noted that automation is not about eliminating roles rather freeing people from repetitive tasks and instead focus on core competencies. \u201cPeople are the technology you should be maximising right now in your organisation,\u201d he added. \u201cThere is nothing more intelligent than people, they\u2019re the only ones that can understand what\u2019s going on \u2013 the full context of the environment \u2013 and what needs to be fixed to move forward with solutions.\u201d<\/p>\n

For times of uncertainty, Timo said, the keys to success are agility and flexibility. \u201cThis is an era of constant change, so fast adaption and innovation has to become core competencies for all organisations. Technology is a huge advantage; the organisations that embrace the cloud are undoubtedly better off right now than the companies that still have to have people working on their on-premises data system.\u201d<\/p>\n

According to Timo, the biggest area of benefit is taking the power of cloud and integrating it with business processes. \u201cThe idea is that you can rapidly adapt and change your business processes without having to wait for new functionality in your core systems. Running your systems in the cloud, you just want to spin up a quick application where you can add new functionality on top of your core foundation quickly and easily.\u201d<\/p>\n

Timo said, \u201cFor example, you may need a lot of visibility in your supply chain, so you quickly create a mobile application that takes sensor data from your manufacturers, combines it with some core business master data, maybe some location data, and gives you visibility in the end-to-end supply chain.<\/p>\n

\u201cUsing cloud platforms makes it easier to adopt agile development. Using things like Design Thinking, you can quickly create programs and tests and iterate, so you can learn as you go, based on the feedback of users.\u201d<\/p>\n

You can join Timo with other industry experts for 麻豆原创 Business Technology Experience,<\/a> a virtual event for businesses looking to build resilience and reinvent during this turbulent time.<\/p>\n

\u201cWe\u2019re trying to be as helpful, optimistic and forward thinking as possible, Timo explained. \u201cWe\u2019re absolutely going to be talking about technology and how it\u2019ll be helping them to the extent that\u2019s possible. We\u2019ll be investigating how the technologies can help people do their jobs better. And then we\u2019re trying to be helpful, look forward to the future.\u201d<\/p>\n

To learn more about how this event can help your business<\/a> unlock the power of Business Technology Platform and data-driven insights \u2013 check out this explainer video<\/a>, visit the event page<\/a>, or register to attend this virtual event<\/a> today. Listen to the full podcast episode<\/a>.<\/p>\n

\"\"<\/a><\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

This article originally published on Linkedin<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

As the business world continues to adjust with COVID-19 it is important to understand technology\u2019s role in adjusting people\u2019s and businesses\u2019 ways of working.<\/p>\n","protected":false},"author":902,"featured_media":3826,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[5565391],"tags":[5560391,5560772,5563798,5563721,5561091,5560752,5561622,5560906,5560644,5563186,5563799],"sapn-display":[],"sapn-type":[5560547],"class_list":["post-3825","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-ai","tag-analytics","tag-cloud-technologies","tag-covid19","tag-data-management","tag-intelligent-enterprise","tag-intelligent-technologies","tag-iot","tag-machine-learning","tag-robotic-process-automation","tag-timo-elliott","sapn-type-feature"],"yoast_head":"\nPeople and Technology Working Together in Crisis - 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