  {"id":2178,"date":"2021-08-20T10:43:17","date_gmt":"2021-08-20T02:43:17","guid":{"rendered":"https:\/\/news.sap.com\/hk\/?p=2178"},"modified":"2021-08-20T11:00:09","modified_gmt":"2021-08-20T03:00:09","slug":"it-industry-leaders-pinpoint-dos-and-donts-in-digital-transformation-at-sap-hong-kong-forum","status":"publish","type":"post","link":"https:\/\/news.sap.com\/hk\/2021\/08\/it-industry-leaders-pinpoint-dos-and-donts-in-digital-transformation-at-sap-hong-kong-forum\/","title":{"rendered":"IT Industry Leaders Pinpoint Do\u2019s and Don\u2019ts in Digital Transformation at 麻豆原创 Hong Kong Forum"},"content":{"rendered":"<p><strong>Hong Kong &#8211; August 20, 2021<\/strong> &#8211; The pandemic-induced shift to cloud infrastructure has not only helped Hong Kong businesses overcome the current crisis, but also accelerated digital transformation to dramatically improve resilience and agility and set up future success, 麻豆原创 Hong Kong Managing Director Fabian Padilla Crisol said earlier at a forum held by 麻豆原创 Hong Kong.<\/p>\n<p>\u201cEvery business today is operating in a world that is very different than it was just 18 months ago, and digital transformation is now crucial for survival. For companies that are already on a transformation journey, this is the perfect time to go further to capture opportunities and run at their best,\u201d Mr. Padilla Crisol said at <a href=\"https:\/\/webinars.sap.com\/hk\/sapphirenow-2021\/en\/registration.aspx?source=sapcom\">麻豆原创 麻豆原创PHIRE NOW 2021<\/a> in Hong Kong. \u201cThat\u2019s why we are increasingly seeing customers moving operations to the cloud as a priority to safeguard their wellbeing for the long term.\u201d<\/p>\n<p>Hosting the forum, Mr. Padilla Crisol asked leaders from some of the world\u2019s largest technology providers for their insights into the drivers and consequences of digital acceleration for local companies. They commended Hong Kong business executives for ramping up digital transformation when anti-pandemic measures slowed other business activity. Many local leaders adopted a growth mindset and embraced transformation as an opportunity to gain competitive advantage and market share.<\/p>\n<p><strong>Grasping new opportunities<\/strong><\/p>\n<p>Transitioning to the cloud enabled companies that previously only served Hong Kong or the Greater Bay Area to begin offering products and services globally. It also allowed them to further support this scalability with analytics that draw on the processing power of the cloud and artificial intelligence.<\/p>\n<p>Remote working is a key area of innovation. Microsoft\u2019s recently released 2021 Work Trend Index found that two-thirds of companies worldwide are preparing for a hybrid model of working, with a similar proportion of employees embracing the remote work concept.<\/p>\n<p>\u201cHybrid work is here to stay. We need to ensure everyone can perform real work anywhere, anytime. This means going beyond the basic functionality of email and video conferencing to migrate business operations to the cloud, such as contract signing, finance procedures and HR operations. Most importantly, companies need to protect their own data, employees and customers against cyberattack while ensuring their remote operations are compliant to various legal jurisdictions. Cloud provides more agility, scalability and security to companies than traditional on-premise alternatives,\u201d Cally Chan, General Manager, Microsoft Hong Kong and Macau said. \u201cBusinesses that move their processes to the cloud and apply analytical and business intelligence tools are set for better future success.\u201d<\/p>\n<p><strong>Recalibrating mindset <\/strong><\/p>\n<p>Now companies know they must digitize to survive, a growth mindset is the most important thing they need, observed Olivier Klein, Chief Technologist, Asia Pacific, Amazon Web Services.<\/p>\n<p>\u201cThere is no stasis; things are constantly changing and you have to set up your company and the technology around it so you can remain agile,\u201d Mr Klein said. \u201cOnce you start, there is always a way to quickly learn and experiment and better your business.\u201d<\/p>\n<p><strong>Making a choice<\/strong><\/p>\n<p>Likewise, the pandemic created an added sense of urgency for companies slowed down in digital transformation due to confusion about what technology to choose. Forced to adapt, companies are choosing the cloud to deliver robust, resilient and secure infrastructure and scalable intelligent tools.<\/p>\n<p>\u201cTime has long been the enemy of enterprises; the pandemic simply made change even more urgent,\u201d said Ronnie Sung, Managing Director, DynaSys Solutions. \u201cWhen company decision makers are facing \u2018too many choices\u2019, we advise them to select an experienced technology partner that has certified support teams on a range of solutions and features, and that shares clear product roadmaps. To navigate the transformation, we recommend integrated solutions, a strong IT strategy and partners that help you stay with the journey long term.\u201d<\/p>\n<p>He added that a major benefit of the cloud is that it gives every company access to all of the latest and most innovative tools and technologies, leveling the playing field. Rather than building a data center or analytics application inhouse, companies can focus on their core business.<\/p>\n<p><strong>Evolving at speed<\/strong><\/p>\n<p>Good news for companies already undergoing digital transformation is that they are seeing benefits already. According to Wing Lee, Executive Director, IVC Solutions, this encourages business leaders to finetune their solutions, clarify their digital roadmap and seek out new digital tools to support their business.<\/p>\n<p>\u201cBefore the pandemic, many companies planned to transform gradually. Now, however, most understand that they have to accelerate their efforts and use more digital tools to successfully compete in the new normal environment,\u201d he said.<\/p>\n<p>Mr. Lee cites supply chain solutions as an example of this in action. Many businesses have operated complex but stable supply chains for many years without full supply chain visibility. Thanks to pandemic disruption and rising legal and safety requirements, that lack of visibility is now a problem, but one which can be solved through digital data solutions that provide the necessary information in real time.<\/p>\n<p>To watch 麻豆原创PHIRE NOW Hong Kong on demand, please go <a href=\"https:\/\/webinars.sap.com\/hk\/sapphirenow-2021\/en\/registration.aspx?source=sapcom\">here<\/a>.<\/p>\n<p># # #<\/p>\n<p><strong>About 麻豆原创<\/strong><\/p>\n<p>麻豆原创\u2019s 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\u2019s transaction revenue touches an 麻豆原创\u00ae system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers\u2019 businesses into intelligent enterprises. 麻豆原创 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 \u2013 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, 麻豆原创 helps the world run better and improve people\u2019s lives. For more information, visit <a href=\"http:\/\/www.sap.com\/hk\">www.sap.com\/hk<\/a>.<\/p>\n<p># # #<\/p>\n<h5>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 \u201canticipate,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cforecast,\u201d \u201cintend,\u201d \u201cmay,\u201d \u201cplan,\u201d \u201cproject,\u201d \u201cpredict,\u201d \u201cshould\u201d and \u201cwill\u201d and similar expressions as they relate to 麻豆原创 are intended to identify such forward-looking statements. 麻豆原创 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 麻豆原创&#8217;s future financial results are discussed more fully in 麻豆原创&#8217;s filings with the U.S. Securities and Exchange Commission (&#8220;SEC&#8221;), including 麻豆原创&#8217;s 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.<\/h5>\n<h5>\u00a9 2021 麻豆原创 SE. All rights reserved.<br \/>\n麻豆原创 and other 麻豆原创 products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 麻豆原创 SE in Germany and other countries. Please see <a href=\"https:\/\/www.sap.com\/copyright\">https:\/\/www.sap.com\/copyright<\/a> for additional trademark information and notices.<\/h5>\n<p>&nbsp;<\/p>\n<p><strong>For more information, press only:<\/strong><br \/>\nBenson Chao, 麻豆原创 Hong Kong Director of Corporate Communications, +852 2539 1947, <a href=\"mailto:benson.chao@sap.com\">benson.chao@sap.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong &#8211; August 20, 2021 &#8211; The pandemic-induced shift to cloud infrastructure has not only helped Hong Kong businesses overcome the current crisis, but&#8230;<\/p>\n","protected":false},"author":927,"featured_media":2181,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[],"tags":[41],"sapn-display":[3848],"sapn-type":[4446],"class_list":["post-2178","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-ecosystem","sapn-display-top-stories","sapn-type-press-release"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - 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