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What is SAP Digital Transformation?
Digital transformation may have reached buzzword stats years ago, but it is still relevant to many organizations looking to modernize their processes and systems to keep pace with trends in their industries. Digital transformation isn’t limited to a single technology or vendor, but SAP Digital Transformation is common, given SAP’s core enterprise technology market share.
What is SAP Digital Transformation?
Digital transformation may have reached buzzword stats years ago, but it is still relevant to many organizations looking to modernize their processes and systems to keep pace with trends in their industries. Digital transformation isn’t limited to a single technology or vendor, but SAP Digital Transformation is common, given SAP’s core enterprise technology market share.
Companies undergo digital transformation with SAP and other technologies by taking processes that may have been manually tracked through physical paper or spreadsheets and using digital technologies to make organizational data more accessible, more accurate, and more analyzable.
All areas of the business have potential for digital transformation with SAP technologies, such as SAP S/4HANA for ERP, SAP Ariba for procurement, SAP Fieldglass for contingent labor management, SAP Concur for travel and expense management, and SAP SuccessFactors for human experience and human capital management.
Other vendors providing important technologies that enable digital transformation include Microsoft, which offers cloud-based tools for everyday business needs like Office 365, as well as Azure, a platform and cloud infrastructure for hosting important enterprise applications. Additionally, many SAP partners work with companies to help them undergo digital transformation from the process and technology implementation perspective, including Accenture and PwC.
Key Considerations for SAPinsiders:
- Clearly define the primary reasons for digital transformation. Identify the key reasons for change and promote them as a focal point for your staff in your implementation journey. “Organizations that take the time to identify the big three to five reasons why they are moving to SAP S/4HANA and hold those up as their North Star for change have excellent outcomes,” said Mary Sibley, head of the North American Center of Excellence for SAP S/4HANA at SAP at a recent virtual SAPinsider event.
- Build a culture for adoption. Automation is central to digital transformations — such as automation in finance, for example — and requires buy-in from department professionals to maximize value. Leadership-led change management providing governance and robust training helps build innovative cultures, enhancing the organization’s digital transformation strategy.
- Break down large digital transformation initiatives into digestible components. This was a key learning for the Eczacıbaşı Group in its SAP Digital Transformation with SAP S/4HANA. When hundreds of stakeholders have a say in determining project goals, implementation teams will benefit from knowing the precise steps to take, which tools to use, proper timing, and expectations. Providing this guidance to technical teams helps ensure successful project outcomes.
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The CIO’s 2021 Transformation Report Card WebinarNov 30, 2021 — On Demand Digital transformation and innovation remains a top priority for CIOS and other tech leaders. But how are these projects going and are they delivering tangible benefit to both business and IT? Attend the webinar to examine data and input from a variety of tech leaders across many of the major industries. View this […]
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Harnessing the Power of Human Centred-Design & Technology to Secure Value in Finance TransformationAug 2, 2021 — In today’s public sector, finance leaders must think more strategically about all aspects of the changing business landscape and its potential impact on their people and the organisation. Many public sector organisations struggle to understand the complex scope and scale of their technology systems, many of which are becoming outdated in our digital world. This increases pressure on finance leaders to act quickly and decisively while focusing on the organisation’s people and user experience. A human-centred design approach, combined with SAP technology, can transform the finance organisation by innovating business models, creating new capabilities, and allowing for agility during COVID-19 and beyond. By connecting experiences, processes, technologies, and people, organisations can better realize the benefits of advanced technologies and prepare finance teams for the future of the finance.
Join this session to learn how EY and SAP are helping their public sector client on its finance transformation journey, including:
- A human-centred design approach with robust change management practices to bring your people along the journey by focusing on employee experience as a way to sustain adoption
- How our teams used the challenges of COVID-19 to find opportunities for new ways of working
- The key benefits of an SAP-enabled finance business transformation, including:
-Integrated real-time accounting and a single source of truth
-Better business insights with a simplified data model and improved reporting and analytics
-Enabling fast, effective acquisition integrations and divestitures
-Improved risk management and compliance
-Accelerated deployment of common processes and shared services
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How Executives Are Building the Technology Landscapes That Power Business TransformationJul 26, 2021 — The July Technology Executive Forum virtual meeting explored how companies are building technology landscapes that support business transformation. The agenda included a summary of SAPinsider's latest research, which tells us that companies are accelerating their plans to move to SAP S/4HANA and the cloud.
Vitesco’s CIO Thomas Buck spoke during the opening keynote session about the German automotive supplier’s strategic commitment to become a leader in electrified solutions, following by other advisory board members Michael Mullis, CIO of Ingevity; Nuno Miller, CIO of Sonae Fashion; Milan Kumar, CIO of ZF WABCO; Nik Giannakakis, CIO of Motor Oil Group; and Christian Niederhagemann, CIO of GEA. Speakers related about how they are creating company cultures that are open to emerging technologies, skill sets they are infusing into their teams to foster innovation and collaboration between business and IT, and how to effectively advocate for change without killing culture.
Read the full summary and learn advice from these leading executives and what this means for SAPinsiders.
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Video: Technology is Accelerating Motor Oil Group’s Deep Energy Transformation, Innovation, and Expanded Customer ExperienceJul 12, 2021 — Motor Oil Group is one of Greece’s largest companies undergoing a deep transformation from pure oil and gas company to full-fledged energy supply and services company. Founded in 1972, the company of today is investing significantly in the company of tomorrow which will look quite different.
The Group has an ecosystem of around 1,000 fuel stations in the Greece and Balkan area. The combination of mobility and new technologies is stated as one of the Group’s strategic priorities in transforming the fuel station of today to reflect changing expectations in mobility-related products and services like electric vehicle charging stations, ride sharing, and other types of fuel; and convenient access to new services and products not currently associated with today’s fuel station, developing the non-fuel retail business.
Hear from both business and IT executives at Motor Oil Group, Victor Papaconstantinou, General Manager of Strategic Planning and Development and Nikos Giannakakis, Chief Information Officer.
Learn about the transformation to pure customer personalization at the fuel station of the future, supported by a strong technology backbone.
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Harnessing Change to Drive Business Advantage — Every TimeJul 7, 2021 — The naturalist Charles Darwin wrote, “It is not the strongest species that survive, nor the most intelligent, but the most responsive to change.” This is a viewpoint shared by his namesake, Darwin Deano, Global SAP Offering Leader at Deloitte Consulting LLP, who believes that organizations that can adapt and change will be the most successful in today’s dynamic business environment.
The ability to embrace change is what Deloitte calls the “Kinetic Enterprise” — an organization that is built to respond to change. The capacity for agile change requires a stable core of technology, such as a rich, in-memory-enabled enterprise back-end based on SAP S/4HANA, says Deano. Deloitte partners with SAP to implement SAP S/4HANA as the stable core enterprise system while including SAP Business Technology Platform to support innovation.
Cloud computing is essential for an enterprise to be ready for change, and RISE with SAP can help with the process of enterprise transformation. Deano observes that “RISE with SAP is the ‘how’ to the ‘what’ of the Kinetic Enterprise — for realizing the ‘why’ of business value.” To benefit from change, an enterprise requires a commitment to on-demand, repeatable transformative capability rather than a one-time goal to seize opportunities as the most disruptive trends unfold.
Read this article and learn:
- How organizations that adapt rapidly to change can gain a competitive advantage.
- How SAP S/4HANA can enable a company to become a “Kinetic Enterprise,” ready for any change the market throws at them.
- The importance of including cloud computing in any digital transformation initiative.
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Technology is Accelerating Motor Oil Group’s Deep Energy Transformation, Innovation, and Expanded Customer ExperienceJul 6, 2021 — Motor Oil Group (MOG) is one of Greece’s largest companies undergoing a deep transformation from pure oil and gas company to full-fledged energy supply and services company.
The combination of mobility and new technologies is stated as one of the Group’s strategic priorities in transforming the fuel station of today and developing the non-fuel retail business. The shift is reflective of changing expectations in mobility-related products and services like electric vehicle charging stations, ride sharing, and other types of fuel; and convenient access to new services and products not currently associated with today’s fuel station.
Working with partners and with an agile methodology to quickly cycle from concept to prototype to scale, MOG is already starting to see business improvements from its strategies, including double-digit increases in non-fuel revenue, penetration of diversified fuels, and uptake on new product and service offerings.
Platform innovation is essential to the Group in fulfilling a personalized customer experience. A cloud-based platform for on-location employees will provide data at their fingertips and enable them to better understand their customers and their preferences and facilitate an improved service and sale experience.
Given its size and complexity, the Group looks for partners to bring innovation and specialization to support its customer experience evolution, aligning technology with the business goal of personalization as mobility and selection of non-fuel products and services evolve.
The company espouses the importance of meaningful collaboration with internal partners at all levels to achieve better results.
Read this article and learn:
- How environmental changes led Motor Oil Group to pursue its transformation;
- About MOG’s strategic priorities in transforming the fuel station of today and developing its non-fuel retail business;
- How the Group is fulfilling its personalized customer experience objectives and using a cloud-based platform for customer engagement;
- How strategic relationships are playing a critical role to bring innovation and specialization to support its customer experience evolution, aligning technology with the business goal of personalization.
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What Punit Renjen Brings to SAPJun 12, 2021 — The news that Punit Renjen will replace Dr. Hasso Plattner is already a few days old. In case you missed it, Punit Renjen, Deloitte's former global CEO, will replace Dr. Hasso Plattner as the new SAP chairman. Dr. Hasso Plattner is the only remaining founder still actively engaged as part of SAP leadership and will retire from his position when his current term ends. He has played a significant role in making SAP the enterprise software behemoth it currently is. For those who have followed SAP for decades, Dr. Hasso's retirement is akin to the end of an era. But the end of every era heralds the beginning of a new one. This article will discuss the strategic implications of Punit taking the chairman role. We will analyze why he is an excellent choice for SAP under the current circumstances.
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SAPPHIRE NOW Keynote Highlights: Transformation, Community, and SustainabilityJun 3, 2021 — by Robert Holland, VP and Research Director, SAPinsider As it was last year, the 2021 keynote for SAPPHIRE NOW was a virtual event featuring CEO Christian Klein. Unlike last year, the keynote was co-hosted by SAP’s new Chief Marketing and Strategy Officer Julia White. With the company less than 2 months, White hit the […]
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The Innovation Imperative Hits Mid-Market: A CEO’s PerspectiveMay 27, 2021 — The speed of innovation and go-to-market strategies of multinationals and startups places greater competitive pressure on mid-market companies. Adjusting their business models and processes for a leaner, more agile infrastructure is now a business imperative. How can mid-market companies quickly adapt to the changing business landscape?
SAPinsider sat down with Norbert Rotter, CEO of NTT DATA Business Solutions, one of the world’s largest and best experts in the SAP industry, to explore the emerging trends and drivers of change mid-market companies are facing.
With the need to modernize their supply chains, Rotter says mid-market companies are investing in ERP transformations by migrating to SAP S/4HANA. The migration also opens market opportunities for new e-commerce and CRM business as systems become cloud ready.
While enabling technologies, such as cloud, artificial intelligence, and predictive analytics provide mid-market companies with new insights into supply chain efficiencies, they also require new employee skill sets. Technology partners can provide support in those areas.
“Customers have to think about how they can compete with this development, pushing to consider reducing their IT to the core, and then rely heavily on cloud solutions and service partners to outsource these services,” says Rotter.
Mid-market companies considering a cloud-based transformation may find their solution with RISE with SAP. Rotter believes the RISE initiative will facilitate the move to both SAP S/4HANA and the cloud while easing the transition of mid-market companies to the hyperscaler environment.
Read this article and learn:
- How the pace of innovation from global companies is putting pressure on mid-market organizations to aggressively invest in IT and business operations;
- Today’s supply chains require speed and agility, leading mid-market companies toward strategic investments in their core lines of business to compete in the market;
- Why mid-market organizations are turning to their technology partners and global network to support evolving employee skill sets as enabling technologies emerge;
- Why RISE is an attractive option for mid-market companies looking to reduce their data center complexity and support the business case for a cloud-based transformation.
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The ‘Why’: The key to unlocking the value in digital transformationMay 26, 2021 — SAP’s 2027 extended deadline on SAP S/4HANA migration has lit a fire under many businesses that had long been deferring the move. Now it is a priority. However, SAP S/4HANA is only good as the value you want to get out of it, and too often businesses are choosing to make the jump for a technology upgrade. This is a major problem, because for all the new benefits and innovations that SAP S/4HANA brings to the table, these simply cannot be attained solely by performing a technology upgrade. Worse, an SAP S/4HANA migration project can actually result in negative ROI if you haven’t performed a careful upfront analysis on what exactly you need to get out of it.
Enterprises can’t let the tail wag the dog here. The end goal isn’t to migrate to SAP S/4HANA just to migrate or have another digitalization project; the end goal is to unlock new business values. That means step one in any digital transformation is to identify the “why” – why you’re transforming. Identifying that “why” informs every other decision in the process, but so many enterprises skip this step focusing rather on the “how” and the “what”. This session delves into why the “why” is so integral to unlocking the value in digital transformation, marrying that “why” to something measurable and how asking yourself this question – or not doing so – can have tangible impacts on the shape, timeline and ROI of any transformation project.
Attend this session to:
-Understand deployment options beyond the traditional greenfield or brownfield approaches
-Lean how to deliver SAP S/4HANA transformation, innovation, simplification, and modernization with minimal business disruption
-Gain insights into your current SAP environment and identifying migration gaps
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