Einstein is right after all: “Once we accept our limits, we go beyond them.”
Recognizing human weaknesses and aligning them with a desire to make life more convenient, simpler, and productive has inspired groundbreaking innovations. From the discovery of fire to digital technology that’s automating processes and decision-making, radical change keeps raising the bar on what people can accomplish every day.
But with every new capability gained, new and more-perplexing problems emerge. Now, don’t let this growing trend fool your business into giving up. Instead, it’s time to step up your game as an intelligent enterprise.
Welcome to your new era of the Intelligent Enterprise
Advancements in one industry inevitably send a ripple effect across many others – even if they seem entirely unrelated at first.
Take, for example, the latest healthcare advancements in extending human lifespans, overcoming infertility, and lowering fetal mortality. Governments and agriculture communities worldwide are facing the prospect of feeding a population that is expected to grow 35% by 2050. The natural resources they need are depleting due to rising demand in other industries. Less land is available as the need for housing increases. Fewer farms are operating as globalized competition suppresses profit margins. All the while, farmers need to somehow increase their yields with environmentally sustainable and ethical practices.
According to Abdul Razack, chief product officer for the Cloud Business Group at SAP, during the Americas’ SAP Users’ Group (ASUG) Webcast “Delivering the Intelligent Enterprise,” every business – large and small, regardless of industry – is going through some sort of transformation or disruption. “This new reality is translating into a triple storm of new business models, the convergence of existing industries, and the ability to deliver product and services that are more tangible for people to consume,” he observes.
As this trend continues to accelerate exponentially, businesses are prioritizing the adoption of intelligent technologies, including machine learning, artificial intelligence, the Internet of Things, distributed computing, and blockchain. This evolution into intelligent enterprises is enabling a new era of raising new questions, opening new possibilities, and viewing old problems with new perspectives.
Such innovations empower businesses to create a trusted and connected landscape that covers everything from the customer experience and people engagement to manufacturing, supply chain, the business network, and spend management. This transparent view into business operations enables pattern detection, outcome prediction, and augmented decision-making by turning data into insights that inform action in real time.
“There are over 5,000 use cases for intelligent technologies that can be applied to deliver business outcomes in various degrees,” says Razack. “However, it’s not feasible to implement them all at once. The key to a successful transition to an intelligent enterprise is to think big, but also start small by piloting individual scenarios incrementally and tease out growing pains. Then, once the scenario is refined, the business can quickly adjust and move fast with tremendous agility.”
Explore how your business can unlock untapped value by transitioning into an intelligent enterprise. Hear insights from Abdul Razack, chief product officer for the Cloud Business Group at SAP during the Americas’ SAP Users’ Group (ASUG) Webcast “Delivering the Intelligent Enterprise.”