Digital Transformation with SAP Business Solutions

Posted by Gloitt Technologies on April 2nd, 2021

With every passing day, enterprises are realizing the importance of embracing the digital economy. Business leaders have started giving up the traditional and outdated ways and are choosing to move towards an interconnected information system, particularly after the unforeseen disruption of 2020. Various industries have already started reaping the major benefits of digital transformation in the following ways:

• Real-time data analysis
• Predictive maintenance of data
• Inventory management
• Processing of big data sets
• Integrated system for the core processes
• Advanced analytics

Why SAP Business Solutions?

To enable the digital transformation of the enterprises, SAP Business Solutions work with the criterion of ‘integration’. An interconnected and adaptive system is termed as “Live Businesses” in SAP’s terminology. With the system of integrated technology, data, and processes, SAP has been able to transform many companies into intelligent enterprises. As per its 2020 Highlights, 25% of enterprises described themselves as completely integrated, 88% of the leaders were able to increase the transparency of the operations, and 94% of the leaders were able to improve profit margins.

SAP Business Solutions are designed for end-to-end business processes, inclusive of internal as well as external needs. It helps businesses grow revenue stream from their services or products, which further helps them establish as platform companies. The solutions help business leaders to build an ecosystem of suppliers and customers to let them manage multiple things and people at a time. The Internet of things (IoT) empowers businesses to thrive openly as data can be sent and received easily and can be maintained predictively. Further, with modern AI technologies, SAP not only manages big data sets but performs advanced analytics and allows internal and external data access within the eco-system for better decision making. Another dimension that enables quality decision-making is SAP’s capability of producing insights in real-time. This is how it lets companies adapt to unexpected changes and meet customer expectations. 

No matter the size of the company, to begin the journey of digital transformation, it is important to clearly define the business needs. The company must analyze the existing processes and systems along with deciding on the priorities. To achieve the defined goals, the next thing in line is to choose the right technology partner who could understand the industry-specific business needs and provide the best possible business solutions. Another overriding factor that is often ignored is prepping up the company’s employees for the new technology as it affects all the processes of the business. After all, it is not only a technological transformation but a cultural one too!