These 麻豆原创 solutions include 麻豆原创 Business Technology Platform, an applications development integration platform; 麻豆原创 Signavio, a business process management platform; 麻豆原创聽Account Substantiation and Automation by BlackLine, an accounting process transformation platform; and efficiency testing solutions, 麻豆原创 Application Testing Solutions by Tricentis.

Mitsubishi Materials established its DX Promotion Division in 2020 to promote digital business transformation under the three missions of “strengthening the present”, “creating tomorrow”, and “nurturing people”. It is developing a digital strategy to drive improvements across three pillars 鈥� business-added value, operational competitiveness, and management efficiency 鈥� by utilising data and digital technology. The company is now working on the development of a data infrastructure to support its digital strategy, strengthen human resources for transformation, and reform the corporate culture.

To do that, Mitsubishi Materials needed to revamp its aging core system and modernise its infrastructure to facilitate the business transformation. Upon evaluation, the company decided to introduce RISE with 麻豆原创 with 麻豆原创 S/4HANA Cloud as its core, because it is the de facto standard in the industry and has excellent adaptability to changes in the world. The first step in the system upgrade will introduce new capabilities to its domestic and overseas accounting functions, with the goal of improving overall operational efficiency and governance of the entire group’s accounting operations.

About 麻豆原创 Japan

麻豆原创 Japan was established in 1992 as the Japan subsidiary of 麻豆原创 SE. 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 organisations 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. ()

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鈥淭he number of interconnected processes and people involved in the vaccine supply chain, from R&D through getting shots in people鈥檚 arms worldwide, is mind-boggling,鈥� said Peter Maier, president of Industries and Customer Advisory at 麻豆原创. 鈥淐loud-based co-innovation is the only way organizations can sustainably get faster access to best and next industry practices for innovation.鈥�

Cloud Platform Supports Business Resilience

Every industry consists of an interconnected ecosystem of suppliers and partners across complex networks, from product and service design through sourcing, production, and delivery. This is why 麻豆原创 launched its聽聽last year as the co-innovation space for partners and customers to shape the future of industry practices and business models.

鈥淲ith 麻豆原创鈥檚 deep business domain and process expertise across 25 industries, industry cloud is our next stage,鈥� Maier said. 鈥淗aving strong partnerships to co-innovate on聽聽provides customers with industry-specific solutions they can use immediately to address their unique business priorities to optimize and differentiate. Our customers and partners are on an incredible digital transformation journey to run as聽.鈥�

Indeed, a聽聽commissioned by 麻豆原创 showed that partners that joined the company鈥檚 industry cloud gained 38% to 125% in first-year revenues, increasing the overall size of contracts and closing up to 150% more deals faster.

Co-Innovating in the Cloud for Business Results

Partners of all sizes are discovering the benefits of co-innovating on a cloud platform. For example, leading car manufacturers and supplier partners are exploring innovations in 麻豆原创鈥檚 industry cloud to create an automotive network that鈥檚 redefining e-mobility. Fashion and other retailers are finding better ways to manage excess inventory for more sustainable business in volatile markets.

鈥淔rom small, boutique partners to the largest global consultancies, they鈥檙e all joining the cloud party, complementing our innovation portfolio to develop services, tools, and applications for the benefit of our shared customers鈥� digital transformation,鈥� said Maier. 鈥淐ompanies can鈥檛 make it on their own anymore. They need to know how peers and other industries are innovating so they can apply it to their business.鈥�

Networks Connect Blurred Industry Boundaries

The pandemic accelerated digitalization that was already shifting traditional sector boundaries.

For example, as sustainability becomes the de facto standard for business excellence, regulatory compliance, and consumer uptake, CPG companies are creating business networks to connect numerous entities for managing the聽circular economy. This spans suppliers and partners involved with the full product lifecycle, including sourcing recycled materials, sustainable production and transportation, customer delivery, and managing reuse and recycling. Expert partners can more quickly innovate on cloud-based platforms, connecting data and processes that deliver on sustainability promises.

鈥淢arket leaders are co-innovating in consortia of peers, experts, and consultants on cloud-based networks to establish next industry practices supported by hyperscaler-agnostic platforms,鈥� said Maier. 鈥淭he network connects everyone on one industry cloud so they can extend innovation using the latest technologies like machine learning, artificial intelligence (AI), the Internet of Things (IoT), and blockchain to reimagine how business processes run and create new business outcomes.鈥�

Cloud Delivers Transparent Innovation Framework

Even when major disruptions occur, organizations can鈥檛 just hit pause on their core business to step back and innovate. Being able to collaborate in the cloud gives companies the agility to adapt processes quickly for groundbreaking industry transformation.

鈥淭he beauty of working together in 麻豆原创鈥檚 industry cloud is that companies can iterate solutions fast and seamlessly integrate them with their existing landscapes,鈥� said Maier. 鈥淧artners can build extensions to business processes quickly, freeing up resources to drive further innovation. This is a huge part of聽, providing partners and customers with a new innovation framework to drive business transformation.鈥�

He added that, 鈥淎fter all, change is only disruptive if it happens faster than companies can adapt.鈥�

Speed and Agility Through Simplification

Getting new products and services to customers quickly is increasingly complex in unpredictable markets. When it comes to software applications for industry-specific differentiation, organizations need to simplify with modular strategies to co-innovate with partners without sacrificing integration. Cloud-based platforms foster this kind of step-by-step iteration with harmonized data across typically hybrid systems that might include both cloud and on-premise application environments. As fast as the pandemic upended business during the past year, it heralded the beginning of a new age of digitalization, taking all of us into the next evolution in business agility.

This blog also appeared on聽.

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