Tag: SAP Africa

If trust is the most important currency in modern business, then data is the gold that underpins that currency. Organisations that operate on incomplete, inaccurate or disparate data will find it impossible to consistently build and maintain trust with customers, partners and employees.

SAP supports organisations by transforming their data management capabilities through the deployment of its market-leading HANA platform. In a time of ongoing disruption and uncertainty, the ability to access insights into your organisation and the environment in which it operates can mean the difference between growth and stagnation.

The events of 2020 have placed renewed importance on organisations’ ability to deal with widespread uncertainty, disruption and change. Modern organisations are faced with the daunting task of collecting, storing and analysing vast amounts of data and deriving insights from that data that inform decisions and lead to improved business outcomes.

Today’s consumers are more informed than ever about their purchasing decisions. They are constantly connected, constantly searching for information, constantly sharing their brand experiences on social media and constantly demanding that their needs are instantly gratified.

The 4th Industrial Revolution; a wave of exponential and converging technological progress that is washing over every facet of our world. It is demolishing our received wisdoms about how the world works and should be structured. It is leaving the less agile to be tossed aside as disrupted detritus while the bold, the prescient and the innovative create and capture new opportunities.

Technological advancement is a main driver of economic growth, productivity, and operational efficiencies. Today, these technological advancements are largely in the fields of Artificial Intelligence (AI) and machine learning (a subset of AI) – the ability of machines, through the use of algorithms, to interpret data, predict outcomes and learn from successes and failures. This technological development, known as the 4th Industrial Revolution, is going to bring enormous change to how we live and work.

Banks set to lose the ‘offer’ as digital disruption continues to transform industry. Banks are finding it increasingly difficult to reach and ensure value to their customers in light of the challenge by existing and new fintech competitors who are muscling in on the ‘offer’ - the point at which a customer’s process of research and assimilation culminates in the customer acting.

Is your business ready for the day everything has a sensor? One day in the very near future, we will wonder how we ever survived...