Your company wants to be the smartest, the fastest, the best. Because, really, whose doesn’t? But how to get there is usually a matter of debate. Some people will tell you it’s going to take a lot of hard work, but the truth is, technology is equally crucial.
Technological advancements are ushering in a new generation of digital transformations and driving the need for more analytics. These transformations present an opportunity to give all employees, partners, and customers immediate insights into what’s currently going on and forward-looking insights into what’s going to happen next. These advancements mark the beginning of the rise of the intelligent enterprise.
The rise of the intelligent enterprise
Many executives started to understand the value of technology back when they embarked on their digital transformation because the technology they chose either helped them distinguish themselves as leaders or left them struggling in the dust. Fast-forward to today, where the pace of technological advancements is accelerating, and our expectations of what we can do with technology have changed drastically. Now doing a digital transformation isn’t revolutionary; it’s expected.
As companies start to catch up with leaders by adopting newer innovations, the bar of excellence is pushed ever higher. If you want to be the best, you need to go farther with technology and analytics with the goal of becoming not just a digital enterprise, but an intelligent enterprise.
The strategic intelligent enterprise
In short, your organization needs technology that can make your business processes more intelligent. This means technology that offers machine learning and predictive analytics tailored to your unique processes. With a foundation of operational insights, real-time analytics, and the ability to quickly generate reports to support tactical operations, an intelligent enterprise demands even more from its technology and thrives on 360° insights and analytics.
An intelligent enterprise must be able to drive strategic initiatives with comprehensive analytics on all data, at any time, because making strategic decisions is no longer a yearly or even a quarterly task. Leading companies are currently making these decisions on a daily basis, and they’re working to shorten that time frame even further.
In a recent video, Tom Pollock, head of Smart Information Management at Northern Gas Networks, commented about his company’s experience: “Right now, we’re making strategic decisions that will move the business forward on a day-to-day basis. What we’re moving toward with the digital boardroom is an environment where people are making decisions based on what’s happening right now. Going forward, we’ll be making decisions based on what’s going to happen in the next minute, in the next hour, in the next week, in the next year.”
Leaders across industries know that the speed of business is increasing, and their technology must keep pace. The need for analytics for everyday operations that can dive into strategic insights is accelerating in every industry and compelling every organization to nimbly adapt to new market realities. Will your company adopt the right technology for making the transition to an intelligent enterprise or will it be left in the dust?
Watch this on-demand Webinar to hear from a panel of experts and users on how SAP Analytics solutions and SAP S/4HANA helps companies seize this opportunity to drive strategic initiatives across the entire organization. Watch now!
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