TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Directory
  • Smart Studio
  • Surveys
  • Debates
  • Perspectives
  • DSP Leaders World Forum
  • DSP Leaders
  • Great Telco Debate
    • |
    • Follow
    • |
    • Subscribe
  • |
  • More
  • Webcasts
  • Surveys
  • Debates
  • Perspectives
  • Great Telco Debate
  • |
  • Follow TelecomTV
  • |
    • Subscribe
    • |
  • About
  • Privacy
  • Help
  • Contact
  • Follow TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Transformation

TelecomTV TRACKER

Sourced by TelecomTV's TRACKER platform
from SAP SE Newsroom

Transformation

SAP Study finds overwhelming interest in industry digital transformation efforts

Via SAP SE Newsroom

Oct 16, 2018

WALLDORF — SAP SE (NYSE: SAP) today announced findings of its “Emerging Opportunities to Deploy Industry Processes in the Cloud” study, conducted by Forrester Consulting.*

The survey polled decision-makers in five industries to evaluate their interest in industry cloud solutions. Some 95 percent of the respondents believe moving business processes to industry cloud would notably improve their abilities to digitally transform their operations.

Innovative Organizations Are Industry Cloud Trailblazers

Companies that rate themselves highly for innovation, strategy, technology, people, process and culture appear ahead of the curve on recognizing the value of industry cloud solutions and cloud platforms. Some 91 percent of these organizations believe that intelligent technologies in the cloud will drive strategic business and IT benefits, compared to 71 percent of organizations that don’t qualify as digital leaders.

“Innovative organizations seek scalable and secure cloud solutions that natively embed new intelligent technologies and are tailored to specific industries,” said Peter Maier, co-president of SAP Industries. “This study revealed that traditional cloud solutions are being implemented by three out of four companies (76 percent), and moving to industry cloud can help enterprises add value by improving the areas of standards and consistency. This allows enterprises to meet rising customer expectations by digitally transforming their organizations and their ecosystem of suppliers, customers and partners.”

Industry-Specific Sentiment Around Industry Cloud

The five industries surveyed in this study have high interest in adopting industry cloud solutions for end-to-end digital transformation priorities. These priorities vary based on industry and are outlined below:

  • Banking and insurance: Value seen in industry cloud to help with data management and insights (87 percent)
  • Consumer products: Most interested in leveraging industry cloud to support supply chain business processes (92 percent)
  • Discrete manufacturing: Interested in adopting industry cloud to improve digital supply networks (88 percent)
  • Public sector: Interested in industry cloud for tax and revenue operations (86 percent)
  • Retail: Interested in processes such as risk management (95 percent) and procurement (91 percent)

Organizations are looking for a robust set of capabilities that enable data-driven decisions in real time across their business. As noted in the Forrester study, “Industry cloud can add value in driving standards and consistency in markets, supply chain transparency, cost savings for commodity processes, and fast customizations to improve customer experience. But the main benefit is the ability to deliver end-to-end processes and next-generation innovations in the cloud.”

Related Topics
  • Announcement,
  • Cloud,
  • Digital Platforms & Services,
  • Enterprise,
  • Global,
  • Research and Trials,
  • SAP SE,
  • Tracker,
  • Transformation

More Like This

5G

5G is poised to pump 3 to 7 billion tonnes of CO2 into the atmosphere

Dec 21, 2020

Telco & CSP

Covid-19 driving transformation projects in UK telecoms sector

Dec 8, 2020

Digital Platforms & Services

Supply Chain Readies to Deliver 9 Million COVID-19 Vaccines Per Day, Marking 2021 as the Year of Cold Chain Logistics

Dec 8, 2020

Digital Platforms & Services

World Wide Technology India Named Cisco Gold Partner

Nov 5, 2020

Transformation

Layer123 Network Transformation Awards 2020 winners

Nov 4, 2020

This content extract was originally sourced from an external website (SAP SE Newsroom) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

1:4:29

Great Telco Debate: Live Debate – Day 2 (On-demand)

1:18:20

Great Telco Debate: Live Debate – Day 3 (On-demand)

43:08

Developing an ecosystem for vRAN

2:23

The TelecomTV Snapshot: The Great Telco Debate 2020 - CSP Highlights

  • TelecomTV
  • Decisive Media

TelecomTV is produced by the team at Decisive Media

Menu
  • News
  • Videos
  • Channels
  • Directory
  • Smart Studio
 
  • Surveys
  • Debates
  • Perspectives
  • Events
  • About Us
Our Brands
  • TelecomTV Tracker
  • TelecomTV Perspectives
  • DSP Leaders
  • DSP Leaders World Forum
  • The Great Telco Debate
Get In Touch
[email protected]
+44 (0) 207 448 1070

Request a Media Pack

Follow
  • © Decisive Media Limited 2021. All rights reserved. All brands and products are the trademarks of their respective holder(s).
  • Privacy
  • Terms
  • Legal Notices