Digital Transformation is revolutionizing processes, customer relations, buying behaviors and much more
It is changing the world as we know it. Transformation is now more possible than ever: Today, we are in a position, to use technologies which are affordable and feasible. The costs and size of technological “things” have plummeted tremendously. Think smartphones.
Nearly every person has a smartphone which they use to make their lives more comfortable.
Many people take the power of this small thing for granted; there are so many sensors built in and enhancing the user experience. Think of a sensor.
-
- to detect the needed light
- to determine the rotation of the screen
- to monitor the temperature and so on.
These kind of technologies were previously unattainable to the consumer on the street due to high costs and dimensions. But now, we have stepped into a revolution as these technologies are available and catapult us into a totally new area to transform businesses.
The world is at the forefront of technological advancements, such as cloud computing, machine learning, artificial intelligence, etc. As business systems and these technological progressions converge, we start to see the advent of business model innovation, business process automation, and business operation improvements.
What is necessary to use these tools and to realize digital transformation?
The fundamental need for any company is to have a solid business system with well-defined processes in place. SAP has enabled many companies of all sizes with this foundation by being the leaders in Enterprise Resource Planning (ERP) systems. These systems are positioned as the “Digital Core”.
The Path to Becoming The Intelligent Enterprise
Part 1. SAP Business One – The Intelligent Suite at the Core of Your Business
SAP is providing intelligent, integrated applications that enable our customers to automate their daily business processes and improve interaction with their customers, suppliers, and employees.
SAP Business One is positioned as the Digital Core for the SMB. All the best practice processes are in place and will be further enhanced. The importance of the Digital Core is that it holds the transactional data to connect with the outside world and enhance the business processes. Other applications and industry add-ons can be integrated to create the Intelligent Suite.
Part 2: The Digital Platform
The digital platform is a key enabler for the Intelligent Enterprise – the SAP HANA In-Memory Platform.
SAP Business One leverages SAP HANA allowing companies to act with agility and to fulfill the digital transformation expectation, by:
-
- Including real-time analytical capabilities to obtain company insights
- Offering an open interface to integrate external software applications via
the Integration Framework and SAP Integration Hub
- Allowing application extensions using the next generation API via the Service Layer
- Moving into a Cloud environment, thereby allowing interactions with loosely coupled solutions
- Enabling the exchange of data beyond business application boundaries
thereby realizing use cases for the Internet of Things (IoT)
Part 3: The Intelligent System
The Intelligent Business Systems are built on the foundation of intelligent technologies, such as machine learning, artificial intelligence, advanced analytics, internet of things, etc. Within the context of intelligent systems, Business Model Innovation can be used to adpapt the business model for your organization and your customers.
The combination of the above-mentioned capabilities allows the SAP Business One customer to achieve the vision of the “Intelligent Enterprise”.
The Intelligent Enterprise will help our customers empower their employees by doing more with less, innovate faster than the competition, deliver a best-in-class experience to their customers, and break new grounds by introducing new revenue streams and market opportunities.
