Saturday, June 3, 2023

SAP is the key to digital transformation of business model

SAP after providing Business Vitality Platform to companies is showing itself as the key to business model transformation.

SAP Sapphire Barcelona kicks off a series of global partnerships with customers that show how it is transforming its strategic business models, supply chains, improving customer experiences, driving innovation and growth Laying the foundation, and positively promoting physical well being and mental. Launch of a business vitality platform.

The first case is Diageo, maker of Guinness, Smirnoff and Johnnie Walker, which has partnered with SAP and IBM Consulting in a multimillion-dollar program, Diageo’s largest investment ever in its own technology and services.

This multi-year program will help Diageo to: Improve the way it interacts with customers and suppliers through the implementation of automation solutions and advanced workflows; Move your global organization to a single operating platform, creating efficiencies across your IT environment and technology support model; altering performance reports to improve information to maximize trading opportunities; To build a stronger and more resilient business, further digitize your control and compliance environment and adopt standardized methods of operation that allow for greater agility and flexibility in responding to new market trends.

Diageo will offer the new cloud-based model, RISE with SAP S/4HANA Cloud, in 180 countries, ensuring your IT infrastructure is supported in a simple and unified way.

The business transformation program will position Diageo at the forefront of customer services and enhance its resilience in the face of rapidly changing consumer expectations and the economic environment, creating a business for the future. This standardization and automation effort will enable Diageo to track customer orders globally in real time, identifying new business opportunities in both domestic and overseas trade.

IBM Consulting, a partner of SAP and Diageo for many years, has been selected to lead the implementation of RISE with SAP S/4HANA Cloud.

Strategic change

Maersk also uses the SAP Business Technology Platform to accelerate its strategic transformation. The world’s largest container shipping company has made significant progress in its digital transformation by using the SAP Business Technology Platform (BTP) to accelerate its strategic direction and automate business processes, increase efficiency and ease of use.

With a wide range of business sectors including container shipping, port terminals, logistics and supply chain businesses, Denmark-based Maersk operates more than 700 vessels and covers approximately 343 ports in more than 100 countries. Strategically, Maersk is moving from a shipping company to an end-to-end supply chain provider.

In particular, Maersk has used SAP BTP to develop and deploy applications and solutions in areas such as: Customer credit management. Previously, this process required a lot of manual activity, which led to errors and delays. Maersk now uses SAP BTP to automate and differentiate its customer credit management process; As a supplier account solution, Maersk used an automation layer of SAP BTP and intelligent robotic process automation (SAP iRPA) to automate tasks such as scanning email and extracting attachments, converting unstructured data to structured data, And creating a validation logic within the rules. SAP BTP Platform, thus reducing manual processes in Maersk Shared Service Centers.

Until now, even for treasury guarantees, the process was paper-intensive and could lead to data quality issues, which led to delays and now, thanks to SAP BTP, Maersk has automated the process and combined the two tasks Specific made: Guarantee of the applicant and the approver of the bank; Customer load releases as Maersk are also customers who are freight customers, ie they pay before load is released and do planning and analysis as all Maersk finance, planning and analysis are in the process of being moved to SAP Analytics Cloud and This enables Maersk to provide end-to-end financial planning and analysis, including budgeting and forecasting.

Versuni with SAP and TCS

Home to some of the world’s best-known appliance brands, Versuni embarked on a journey of creating an entirely new technology landscape in just 18 months. With RISE as a strategic partner along with SAP and Tata Consultancy Services (TCS), it managed a timely migration to a comprehensive SAP environment across 55 countries. With SAP S/4HANA as a solid foundation for innovation and development.

A great challenge was presented to Versuni. In only 18 months, he had to lay a solid foundation – a “minimum viable product” – for the company to operate and continue to grow. To achieve this, he launched the XUVET program. It is a reference to the process by which animals such as insects, reptiles and some mammals shed their old, very tight skin or shell to make room for growth. The program was based on “Until SAP” and “Until the Cloud” principles, using RISE with SAP to transition to ERP in the cloud. The goal is to create a digital-centric company that drives innovation and growth with data-driven decision making.

Versuni has trusted SAP for more than 30 years. Using its own suite of applications has allowed it to benefit from end-to-end integrated processes, robust data management, and advanced analytics and artificial intelligence. These components are essential for driving innovation, operational efficiency and improving business vision.

The biggest challenge was to lay the foundation for managing and expanding the company within a very tight time frame of 18 months. Versuni changed or overhauled every system, from email to accounting, marketing, manufacturing, supply chain and customer service systems. It was the largest program of its kind ever conducted anywhere and in any region.

The program included the deployment of 40 new networks, the replacement of 4,700 laptops and desktops, over 60 new cloud applications, the migration of over 300 data objects, and the redesign of 400 reports and 3,500 processes. Versuni was able to switch to SAP Best of Suite on schedule. On May 1, 2023, Versuni launched the new environment globally in one fell swoop.

Fitcoin launches a pilot with the University of California

And a vitality platform built on SAP technology, where people can earn digital coins through exercise, which can be redeemed for healthy rewards, has landed in the United States. Fitcoin, the trading vitality platform that positively promotes physical and mental wellness, begins a pilot with UC Davis, which is affiliated with the University of California.

The Fitcoin concept is smart and innovative. Users save digital currencies (fiatcoins) through an app on their smartphones, which they earn by doing exercise, such as walking and cycling, or participating in special workshops and sports activities. Users can then redeem the saved Fitcoins on their smartphone for healthy rewards of their own choosing from the online Fitcoin catalog.

SAP CEO Christian Klein has the following to say in this regard: “Globally, our customers’ success requires them to innovate to overcome market barriers, changing regulations and skilled personnel shortages. At SAP The alliances we’ve disclosed at Sapphire reflect the role our innovative business technology plays every day in helping our customers thrive – whether it’s insights-driven automation, simplifying a customer’s technology platform or customer experience customers and employees, we are here to help our customers overcome the challenges they face.”

Nation World News Desk
Nation World News Desk
Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.
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