Key Trends Driving Digital Transformation

August 2, 2017

 

Digital business is built on new computing infrastructure – the pillars of mobile, cloud, Big Data, and analytics – accelerated by the Internet of Things (IoT), advances in machine learning, and innovations like blockchain. These disruptive technologies are giving companies the ability to radically change business models, and create new products and services. Learn more about the trends that are driving the shift to digitalization:

 

Cloud Computing

Simply put, cloud computing makes it possible for users to access data, applications, and services over the Internet. The cloud eliminates the need for costly hardware, such as hard drives and servers – and gives users the ability to work from anywhere. Over 90% of businesses are already using cloud technology in a public, private, or hybrid cloud environment.

 

The major benefits of cloud include:

 

  • Elasticity: Scale up or down quickly to meet computing demand

  • Affordability: Only pay for what you use, and minimize hardware and IT costs

  • Availability: Get 24/7 cloud system access from anywhere, on any device

  • Simplicity: Free IT from managing servers and updating software

  • Cloud software offers a number of distinct advantages that help sharpen your competitive edge.

 

The top 3 reasons to move to the cloud:  

 

  • Use it to deploy faster, with lower upfront costs

  • Accelerate innovation cycles with hassle-free, more frequent updates

  • Leverage anytime scalability and dynamic capacity to boost flexibility and compete with big businesses

 

Business Analytics

With the rise of digital business and the emergence of the millennial workforce, expectations for analytics applications have changed. Business buyers and users need solutions that are simple to acquire and use, and CIOs and IT departments need the governance, security, scalability, and manageability of trusted enterprise software.

 

Business Intelligence

 

  • Business intelligence platform

  • Data visualization and analysis

  • Dashboards

  • Mobile analytics

  • Reporting

 

Predictive Analytics

  • Predictive data modeling

  • Predictive data management

  • Model management

  • Scoring

  • Predictive network and link analysis

 

Enterprise Performance Management

 

  • Strategy management

  • Planning, budgeting, and forecasting

  • Profitability and cost management

  • Financial consolidation

  • Enterprise reporting and disclosure

 

Big Data

Big Data is the ocean of information we swim in every day – vast zetabytes of data flowing from our computers, mobile devices, and machine sensors. With the right Big Data tools, your organization can store, manage, and analyze this data – and gain valuable insights that were previously unimaginable. Big Data technologies such as in-memory data management, analytics, artificial intelligence (AI), and machine learning can help you transform decision making and your business.

 

Big data allows companies to make meaningful, strategic adjustments that minimize costs and maximize results. If you know what consumers and employees are doing currently, you can create projections for what they will do in the future, and start implementing changes to address their needs and your goals. A digital transformation isn’t complete unless a business adopts big data.

 

Machine Learning

Artificial intelligence, machine learning, and deep learning are often used interchangeably, but they’re not the same. In a nutshell, AI is the broader concept of machines that can act intelligently. Machine learning and deep learning are sub-sets of AI based on the idea that given access to large volumes of data, machines can learn for themselves.

 

Why is machine learning advancing so rapidly?
Machine learning is not a new concept, but it has recently gained fresh momentum. Why? Processing power and storage are now more affordable than ever, and the explosion of Big Data from various sources – such as text, images, and IoT devices – is making it easier for machines to “train” and learn.

 

Internet of Things (IoT)

The vast network of devices connected to the Internet, including smart phones and tablets and almost anything with a sensor on it – cars, machines in production plants, jet engines, oil drills, wearable devices, and more. These “things” collect and exchange data.
 
IoT – and the machine-to-machine (M2M) technology behind it – are
bringing a kind of “super visibility” to nearly every industry. Imagine utilities and telcos that can predict and prevent service outages, airlines that can remotely monitor and optimize plane performance, and healthcare organizations that can base treatment on real-time genome analysis. The business possibilities are endless.

 

Why SAP and Approyo?
With industry expertise that touches more than 70% of the world’s business processes, SAP is uniquely positioned to deliver tangible progress towards your transformation strategy – without jeopardizing your daily business operations. And Approyo has worked with SAP for years and we have helped our customers with thier journey to digital transformation with our SAP, SAP HANA and S/4HANA solutions

 

SAP S/4HANA – The next-gen ERP system supports operational excellence, automation, and seamless technology integration from your business core.

SAP Leonardo – Future-ready technologies is accessed through the cloud and augmented by design thinking services for rapid prototyping and adoption.


They work in tandem to make your entire business more immediate, intelligent, and seamlessly integrated – no matter your size or industry.

 

Start your digital transformation journey today

The opportunity exists to transform business processes and achieve the digital transformation of your business with more automation and real-time visibility. Our SAP S/4HANA, SAP HANA and Big Data solutions address these important needs and more. Let us show you today! Set up a free consultation. 

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