New Delhi, November 3, 2022:

After the rousing reception Dare to Dream Awards received from homegrown enterprises in 2021, 麻豆原创 and TV9 Network are back with the 2022 edition of India’s biggest entrepreneurial platform to acknowledge the Pioneers of New India.

As India celebrates 75 years of independence and plans its journey of the next 25 years to emerge as a global leader, business pioneers have been and will be the guiding light in realizing this ambition.

And the prestigious Dare to Dream Awards this year will celebrate these business stalwarts who are leading India’s charge toward becoming a developed nation by 2047. It captures the resolute entrepreneurial journey of these outstanding SME entities to embrace digital-first culture for innovation and growth that help India take giant strides towards transforming itself into the First World.

Commenting on the awards, Kulmeet Bawa, President & Managing Director, 麻豆原创 Indian Subcontinent, said, “麻豆原创’s journey in India has always been aligned with nation-building programmes that have had a significant impact on over 300 million Indians. We have always believed in the combined strength of India’s mid-market and have promoted their development, whether it is serving as the technology partner to develop a workforce of the future, being a trusted advisor to the SME community, or boosting the nation’s innovation ecosystem. This programme aims to recognize and honour all business heroes leading us towards the development of the New India.”

The awards also seek to acknowledge business bravehearts, who have continued to thrive even in volatile, uncertain, complex, and ambiguous environments that keep throwing surprises at them, especially when economies across the globe are facing strong headwinds.

Rajeev Singh, Vice-President, Midmarket and Emerging Business, 麻豆原创 Indian Subcontinent, added, “Indian MSMEs and its business leaders hold power to transform not just India’s economy but also the lives of millions of Indians. They account for 27% of the total contribution to India’s GDP, with considerable headroom for growth. As we celebrate 75 years of India’s independence, we are gearing up the journey of the next 75 years that is being shaped by pioneers of the new India.”

Talking about TV9 Network’s commitment towards the India SME ecosystem, Raktim Das, Chief Growth Officer, TV9 Network, said: “麻豆原创 and TV9 Network stay invested in the idea of recognising SMEs to eventually help fully leverage their potential for the India growth story. India has emerged as the only bright spot in an otherwise faltering international economy. And SMEs have a huge role to play in insulating us from global shocks. And that’s why it’s critical to acknowledge our homegrown businesses. Dare To Dream Awards is a tribute to all those visionary business leaders who have demonstrated innovation and a digital mindset converting adversity into advantage. And we are happy to continue to be a part of this exciting journey with 麻豆原创.”

The awards function will be held on November 16^th, 2022, at the Taj Lands End in Mumbai. It will be telecast on India’s leading national news channel 鈥� TV9 Bharatvarsh 鈥� with substantial digital amplification across TV9’s digital platforms.

More details about the awards can be found on the

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About 麻豆原创

麻豆原创’s strategy is to help every business run as a sustainable intelligent enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 87% of the world’s total global commerce touches an 麻豆原创 system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into sustainable 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 鈥� 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’s lives.

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In a survey of IT decision-makers, 53% claimed that聽聽was an investment priority. In fact, in recent years, there has been a visible shift where companies prefer SaaS and cloud ERP compared with using on-premises systems. So what鈥檚 the right ERP system for your organization鈥揳 traditional on-premise system or a cloud-based one? Let鈥檚 look at each of these in the sections below.

The Key Differences Between Cloud and On-Premise ERP Systems

Understanding the key differences can empower decision-makers to make an informed choice and drive productive business鈥� outcomes. The primary difference between both lies in recognizing how they are聽deployed.

The Advantages and Disadvantages of a Cloud ERP Suite and an On-Premise ERP System

The Takeaway

The final verdict?聽

On-premise ERP systems have always been a popular choice among organizations. However, cloud ERP is starting to gain momentum due to several factors, including:

• Better ROI and reduced costs due to availability of pay-as-you-use subscription model, which eliminates budget planning unpredictability and reduces chances of hidden costs
• Faster issue resolution as experts handle the software (as opposed to the organization)
• Improved business intelligence due to access to analytics-driven insights that pave the way for powerful decision-making
• Effortless and faster deployment as traditional on-premise systems may take up to 12 months to be fully operational whereas, cloud-based systems can be deployed in three to six months
• Universal data accessibility, encouraging collaborative working on-the-go
• Faster decision-making鈥揺ncouraging time savings聽
• Strong data protection and lower chances of data duplication
• Enhanced data visibility in real-time
• Access to rich integrations and customizations leading to improved business outcomes

Needless to say, cloud ERP systems are a better, cost-effective, scalable and agile alternative to traditional ERP systems. To make the most of the cloud-based ERP software, businesses should automate processes on the cloud ERP system to avail the following benefits:

• Organized data:聽A completely paperless option, automating the ERP process makes the enterprise鈥� data entry structure more efficient and organized.
• Improved productivity: ERP can integrate isolated business processes, ensuring error-free and accurate data devoid of duplication and discontinuity.
• Cost-efficiency: Deploying an automated ERP system enables organizations to prevent expenses on data correction as the data is not entered manually.
• Real-time access to process reports: Automated ERP systems provide access to high-quality reports on business performance and empower leaders to drive business processes in an informed and organized capacity.

A cloud-based ERP system is well worth the investment, as it enables organizations to perform better, move with increased flexibility, and drive a collaborative working style that contributes to peak levels of business performance. SMBs that invest in the cloud, automated can see at least a 25% growth in revenues and up to 2x increased profits, according to .听Clearly, automated cloud ERP is the logical and most profitable way forward for growing businesses looking to solidify their growth.

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• Enabling cloud adoption and showcasing the full range of ‘‘ offerings to mid-market enterprises, an immersive experience center will travel over 7,000 kilometres across 13 cities.
• 麻豆原创 will foster industry-academic partnerships to familiarise next-generation youth with emerging technologies to make them future-ready.
• Over 7,000 saplings will be planted to mitigate climate change and support India achieve its sustainability goals.

DELHI 鈥� April 12, 2022 鈥� 麻豆原创 India today announced the launch of an immersive mobile experience center, 鈥楾ransformation Express鈥�, to advance cloud adoption and drive business transformation for Indian mid-market.

An IDC Info-brief on the 鈥楽tate of Indian Mid-Markets鈥� indicated that 74% of enterprises are likely to move applications to the Cloud in 2022. To address the needs of this market, 麻豆原创鈥檚 鈥榗loud on wheels鈥� initiative will provide the much-needed support for the industry to remain competitive and to stay relevant in the rapidly changing business landscape.

Speaking at the launch, Kulmeet Bawa, President and Managing Director, 麻豆原创 Indian Subcontinent, said, 鈥淚ndian SMEs are the engines of economic growth and equitable development. They contribute to more than 30% of our GDP. As the sector grows and expands, moving to cloud is becoming an imperative for organizations to scale. The 鈥楾ransformation Express鈥� initiative reaffirms our commitment to empower Indian SMEs to improve cost efficiencies and agility, and transition into intelligent, sustainable enterprises.鈥�

麻豆原创 Transformation Express – Key Highlights

As the Transformation Express embarks across length and breadth of India, joining 麻豆原创 is our global strategic service partner, Tech Mahindra, to collaboratively bring 麻豆原创’s ‘RISE With 麻豆原创’ cloud momentum to customers who are across phases of their digital transformation and to give them an entirely new method to reimagine processes for improved business outcomes.

The initiative focused on enhancing customer value lifetime is built on the following 3 pillars:

1. Experience center: Designed as a traveling centre, the bus is equipped with the state-of-art technologies like Rise with 麻豆原创, 麻豆原创鈥檚 Digital Core, Procurement, Customer and People Experience solutions providing businesses a front row view of how they can speed-up their cloud migration and digital transformation initiatives.
2. Skilling the future: 麻豆原创 India will work with local industry/trade associations and academic institutions to give young students a first-hand view of power of Cloud technology and how it can help businesses grow and scale.
3. Driving Sustainability: For every kilometre the bus travels, 麻豆原创 India will plant a sapling to offset carbon footprints.

Subramanian Ananthapadmanabhan, Senior Vice President Mid-Market, 麻豆原创, Asia Pacific Japan, further added: 鈥淭he mid-market sector has embraced technology enthusiastically and witnessed exponential growth. By collaborating with our customers, associations, government bodies, and industry-academia partnerships, we鈥檙e building an ecosystem that can co-create, empower, enable these organizations in their digitalization, and fast-track their cloud journey.鈥�

In 45 days, the bus will travel over 7, 000 kilometres offering SMEs a first-hand glimpse at how a cloud-based digital core may help enterprises plan and adapt more swiftly. It is combined with interactive product demos, a virtual reality exhibition, and informative sessions. Starting from Delhi, the bus will travel to Gurgaon, Ludhiana, Jaipur, Ahmedabad, Baroda, Mumbai, Pune, Hyderabad, Chennai, Coimbatore, Kochi, and Bangalore.

Check out the聽聽for more details.

Visit the聽.

Follow 麻豆原创 on聽,听,听听补苍诲听

About 麻豆原创

麻豆原创鈥檚 strategy is to help every business run as an intelligent, sustainable enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 麻豆原创 customers generate 87% of total global commerce. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers鈥� 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 鈥� 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鈥檚 lives. For more information, visit .

# # #

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ.听 Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of 麻豆原创鈥檚 2021 Annual Report on Form 20-F.

漏 2022 麻豆原创 SE. All rights reserved.
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 for additional trademark information and notices.

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It was not just lockdowns and limited consumer activity, but also a reluctance to adopt new supply procedures hoping that all this would quickly pass that put brakes on the economy. According to a survey conducted in seven Indian cities, a whopping 82% of businesses reported negative impact due to COVID-19, and 70% of them believed that it would take them a year to see pre-pandemic levels of demand. This indicates the need for an operational framework equipped with robust data consolidation and implementation systems that help enterprises deal with unforeseen challenges and improve resilience.

The technical know-how of SMEs before COVID-19聽

Before the pandemic, Artificial Intelligence (AI) and data integration had few takers. While most businesses had some software that helped improve operations, they were certainly not prepared for the drastic changes that manifested later.

Although SMEs were warming up to technologies designed to store, access and use data to improve business agility, decrease operational costs, and increase profits, it turned out they were far from fully prepared. The unexpected pandemic restrictions and rapidly growing demand for remote working created problems in getting easy data access, leaving most enterprises baffled.

And for many service and supply-based sectors, the situation presented an even bigger challenge as they had to figure out ways of ensuring a minimum contact supply chain. As subsequent lockdowns left many companies struggling, they had to find novel ways of getting back on the fast lane.

The response of small and mid-sized enterprises

With opportunities plunging, survival for SMEs in the post-pandemic world is nothing less than a challenge. The situation is pushing most enterprises to find innovative ways to hold ground.

While a quick look at industry performance indicates a slowdown, a deeper analysis reveals that some businesses not just showed resilience during these challenging times but also managed sizeable growth. It is because they learned how to realign their operations to the changing pandemic regulations.

In the last fiscal year, even during the slump, we witnessed many sectors struggling initially and then finding a way to cope. Like the restaurant industry, one of the largest service-based industries contributing around to India’s GDP. It recorded a staggering 50-70% 聽in income, but where thousands of restaurants initially shut down, a fair number managed to bounce back.

Many small eateries faced a hard time kicking off as work-from-home ate up most of their customer base. Even after restrictions were lifted, they faced uncertainties because of changed consumer behaviour, a general avoidance of public mixing and increased hygiene and safety concerns. But resilient players in the industry were quick to tailor their strategies and address challenges.

Apart from calibrating their operations, like ensuring a contactless eating experience and redesigning their dining spaces, the restaurant industry quickly acknowledged the power of data integration and used it smartly. Home deliveries and on-call takeaways, the services that started as a compulsion to survive, became a boon for them. Home delivery services, executed by collaborating with established delivery systems and phone calls for takeaway orders, helped eateries build their cloud-based capacities. The analytical implementation of this data pool helped these businesses identify potential sales areas and demand patterns to design a targeted marketing strategy.

This is just one of many examples where artificial intelligence and data integration paved the way for business survival. From pharma to grocery and clothing to manufacturing, there is hardly any sector in the country not exploring a data-based business framework.

Smart business planning and business agility聽

An innovative business plan, equipped with smart technologies that help consolidate data and contrive them to obtain consequent results, increases the scope for a resilient supply chain. Making decisions based on a unified data integration and interpretation system enables businesses to tap into the market potential amid changing consumer behaviour.

With digital data becoming key to understanding consumer behaviour and essential in decision making, businesses must choose a smart data storage system. Like in a cloud-based data storage system, all the digital data is stored in a logical pool. Cloud service providers ensure data availability and accessibility. It enables remote data access and also eliminates the requirement of other expensive data integration software.

Along with reducing operational costs and smoothening the supply chain, such advanced data storage systems also equip businesses with deep and valuable insights into consumer behaviour. These understandings help them plan future actions, figure out ways to cope with unforeseen challenges, generate new leads, and improve the overall operation. Moreover, analytical reports also bring efficiency in other company procedures like regulatory compliance, audits, tracking discrepancies etc.

Even before the pandemic, it was slowly becoming evident that digital transformation is crucial to remaining in business in the long run. Now, it is beyond clear that no company can risk ignoring business intelligence tools that empower them to make well-timed and well-informed decisions based on analytical assessments and forecasts.

Like in the restaurant industry we discussed before, entrepreneurs who managed to restructure their businesses according to data-driven solutions will have an edge in the future. Even if magically things go back to how they were, chances are those with limited or no data integration system will remain oblivious to changing demand patterns. Hence, they will struggle to breathe in a digitally transformed supply chain and in no way will be able to compete with next-gen customer services.

Digital integration is imperative for survival in a post-pandemic world

The uncertainty in present times, like changing regulations, further complicates the already intricate ties between international and domestic economies. In situations where ambiguity is the new standard, analytical decision-making is key for SMEs, and they need a robust digital integration system.

For this, most businesses are adopting modern data collection systems like the cloud. With such advanced technologies, we are heading towards building capabilities of processing data pools that, at present, possibly no IT infrastructure is equipped to handle. While this will help businesses make analytical decisions and achieve better results, it will also eventually wean enterprises that failed to change. Logically, with such massive digitisation of businesses, it is rather easy to fathom that the future holds promise for those who are creating a digitally viable trade framework now.

Importance of business management tools聽

In response to the pandemic, businesses are embracing technologies that help them improve execution and delivery. With enterprises changing their structural frameworks, the need for business management tools is now greater than ever. Enabling staff to work remotely, accessing data seamlessly and working on them in real-time, online planning, evaluating and monitoring, and most importantly, analytical decision-making 鈥� all require data-driven digital solutions.

With the changing nature of company engagements, both at the employee and consumer levels, business management tools increase flexibility and improve output across the delivery chain.

The way forward for Indian SMEs

In the post-pandemic world, building capacities and strengthening digital infrastructures are the two most important aspects for improving business outcomes. With the Government of India doing its bit to help cash-starved sectors and provide them with digital support, it is high time SMEs buckle up and tap every opportunity coming their way.

As global activities resume, with some changes to usual processes, the economy is sure to bounce back. However, those who realised the powers of the right data integration and interpretation system during the last couple of years will lead the way.

It is safe to say that while the pandemic tore many enterprises apart, it also opened the door to new opportunities and helped shape innovative business modules that we never thought we required.

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The differences between the post-secondary education outcomes and the skills that business require are widening. But as much as employment analysts want to say this is a skill gap, it鈥檚 really an opportunity gap that has shut out diverse talent from innovation, economic growth, and personal well-being.

For many midsize companies, this rise in social consciousness is igniting a desire to acknowledge their employees鈥� and applicants鈥� true talent and potential. 聽But more importantly, some organizations are going even deeper, taking a pulse on their workforce to understand where everyone stood and root out dysfunction that was previously unseen or unrecognized.

Embracing the inner voices that speak volumes

In response to an overwhelming rise in social awareness, many businesses have taken action by conducting educational sessions to dispel myths and break bad habits, revamping policies to redirect energy toward fairer behaviors, or enacting procurement policies to support minority-owned suppliers. And in some cases, they took further steps in their support by sponsoring and donating to organizations serving underserved communities.

These well-intended actions are indeed admirable and widely appreciated. However, businesses benefit most by turning those moments of inspired support into a long-term commitment to putting their people first, regardless of race, gender, orientation, faith, education, and economic status.

But unfortunately, some decisions that influence the employee experience do not take unspoken concerns and perspectives into consideration. For example, 聽take the technology decisions that businesses make every day. Most HR organizations told聽聽that they consider employee success as a deciding factor. However, 40% of employees are skeptical of that claim, believing that HR technology is chosen based on the lowest costs and not what is best for the workforce.

This misalignment is particularly troubling when you consider that many employees do not believe their organizations have their best interests at heart. Whether the topic is technologies or the processes, policies, or user experiences supported by digital investments, this silent, yet significant gap threatens efforts to help their talent contribute to revenue growth, the customer experience, and brand reputation.

Fueling engagement with technology focused interconnectedness聽

HR technologies are more than just tools that people use to get work done. They should engage every employee with equal opportunities to learn, be mentored and sponsored, to help the employee build their careers and succeed without barriers.

Forrester鈥檚 Employee Experience Index聽reveals technology as a valuable component of bridging the gap between HR and employees. The index concluded that technology-related factors are strong predictors of employee engagement. And a critical driver of that engagement is ensuring operational systems and technology are accessible and easy to use.

For example, employees desire HR technology that helps interconnect aspects of what they define as a good employee experience, including:

1. HR administration:聽Enable accurate payroll and time tracking, on-demand access to benefits, and reliable HR service delivery.
2. Learning software:聽Reskill, upskill, and new skill employees so they can adapt to evolving business needs.
3. Employee collaboration tools:聽Allow employees to connect and engage with each other to retrain, exchange information, and accelerate processes to drive valuable outcomes.
4. Employee communication tools:聽Foster engagement, discussion, and sharing between leaders and employees within an organization and throughout the business.
5. Accounts payable automation tools:聽Free employees to focus on more strategic activities, while ensuring invoices are processed with fewer errors, limiting fraud, and increasing cash-flow visibility.

In the context of their daily operations, functional leaders should also consider the use of a business network that further diversifies their partners and supplier ecosystem. They can meet various providers for materials, goods, and services that represent wide-ranging demographics.

By giving the entire value chain an equitable stake in their company鈥檚 success, leaders can quickly identify untapped value that may have never been accessible before. Meanwhile, employees using the business network to procure resources can quickly discover their role in driving meaningful change that can impact people鈥檚 lives for the better.

Going beyond listening and acting with empathy and purpose

Understanding the workforce is one thing. But as soon as leaders view every employee as individuals, they can quickly appreciate the diversity of talent, outlooks, and experiences that the business has acquired. Technologies are a critical foundation for that capability. When leaders can interconnect operational data and qualitative feedback into a single view, they can make decisions based on insights that connect the dots between facts and perceptions.

Workplace awareness and empathy serve as the platform for what employees really want from their employers: to be heard, taken seriously, and drive meaningful change for themselves, their colleagues and worldwide communities.

Discover the value of modern HR technology for midsize companies. Read the Forrester Consulting study,听.鈥�

Angelique Slagle is head of 麻豆原创 SuccessFactors Solutions.
This article was originally featured on聽.

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Given the current business environment and state of economies, Global Bharat will enable Indian MSMEs to become future-ready while driving greater efficiencies by adopting these 3 initiatives:

• Gaining Access to Global Marketplace: MSMEs will have open access to where any buyer can post sourcing needs and any of the four million suppliers on can respond with their ability to deliver the goods and services required with no fees through December 31, 2020. Ariba Network is the largest digital B2B marketplace where more than USD $3.3 trillion in global commerce flows annually. By accessing the 麻豆原创 Ariba Discovery offer, Indian MSMEs can enroll themselves as suppliers and access a global customer market.

• Digitally Skilling Workforce: Business owners will have access to 麻豆原创 India鈥檚 Code Unnati, a coveted Golden Peacock Award winning digital skilling initiative. MSMEs will be provided accessibility to 240 courses (more getting added in a few months) on Digital Financial, Soft Skills, Productivity Technologies that will digitally skill the workforce and adapt to the new working environments. The curated courses will be made available through a mobile application for people to access via their android smartphone devices. Under this digital literacy program, 麻豆原创 India has already trained over 1 million youth with the help of 1500 physical training centers

• Digitally Transform Businesses: Global Bharat brings affordable and accessible enterprise technology for MSMEs. Through Bharat ERP initiative, they can now adopt 麻豆原创鈥檚 world class ERP; Business One Starter Pack on the cloud. We understand from 麻豆原创鈥檚 partner ecosystem that they will make available this cloud offering for Rs 3999 per user per month with accessibility for maximum of 5 users per MSME. This Digital transformation will enhance efficiencies for businesses while enabling them to provide better products and services to their customers.

Speaking about the program, Deb Deep Sengupta, President and Managing Director, 麻豆原创 Indian Subcontinent said, 鈥淭he impact of pandemic on economy and businesses has been felt majorly by MSMEs across the country. Being a potential contributor to India鈥檚 GDP (29%) and providing employment to over 111 million people, it is imperative to strengthen the sector for the revival of the country鈥檚 economy. Global Bharat, is our endeavor to enable MSMEs to augment business operations and re-access critical processes that overcome inefficiencies and make them globally competitive.鈥�

Subramanian Ananthapadmanabhan, Vice President and Head of General Business, 麻豆原创 Indian Subcontinent further states, 鈥�80% of 麻豆原创鈥檚 customer base are SMEs that have adopted digital technologies and witnessed exponential growth. As India opens up to a post-COVID business landscape, we are excited to partner with Micro, Small and Medium Enterprises on their digital journeys and support them with technologies and skills necessary to gain scale and compete in the new environment.鈥�

MSMEs can access these offerings under the Global Bharat program at

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