wendy@eyeconz.com - The World Management

02 July

SKF Selects RISE with SAP for a Frictionless Move to the Cloud

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WALLDORF — SAP SE (NYSE: SAP) today announced that SKF, one of the world’s leading makers of innovative and sustainable solutions for bearings and rotating equipment, has selected the RISE with SAP solution to future-proof its global operations, simplify its IT infrastructure and leverage innovative technologies such as artificial intelligence and machine learning.

By choosing to move to the cloud, SKF will be better equipped to manage its business operations, adapt to new sustainability policies and regulatory changes and enable green ledger capabilities for carbon accounting.

“Transitioning from a traditional on-premise setup to the cloud demonstrates our commitment to operational efficiency,” SKF Head of Global Digital Services Pedro de Freitas said. “By integrating the existing SAP S/4HANA software into its advanced cloud strategy, SKF will be able to boost critical business sectors, including finance, parts supply, warehousing, supply chain and manufacturing. Moving to the cloud is a choice that is aligned with SKF’s philosophy of pushing the boundaries and supporting progress toward a sustainable future.”

According to SKF, roughly 20% of global energy goes to overcoming friction. Swedish-based SKF provides products at the center of multiple industries to reduce friction and maintain optimal temperature and speed to have efficient production output. Its products are used across industries that include transport, agriculture and food and beverage.

By transitioning to SAP S/4HANA Cloud through RISE with SAP, SKF will take advantage of a smooth, secure migration of their on-premise ERP to the cloud while being able to make data-driven business decisions with real-time operational insights and embedded intelligence. Relevant, reliable and responsible business AI will be built directly into SKF’s processes and aligned with internal AI strategies.

“With our AI- and cloud-driven solutions, we help our customers to become more efficient, resilient and sustainable,” said Emmanuel Raptopoulos, president of SAP Europe Middle East and Africa. “We have had a strong collaboration for many years, and we will continue working closely with SKF to identify new innovative solutions and opportunities for streamlining processes.”

Visit the SAP News Center. Follow SAP at @SAPNews.

Media Contacts:
Ulrika Wass, +46 73 827 1074, ulrika.wass@sap.com, CET
Lesa Plingen, +49 622 776 9000, lesa.plingen@sap.com, CET
SAP Press Room; press@sap.com

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP’s 2023 Annual Report on Form 20-F.
© 2024 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.

02 July

Video_SAP

How AI Helps Prevent Blindness in Premature Infants

by wendy@eyeconz.com 0 Comments

India consistently has the highest number for premature births. That keeps doctors busy looking out for a larger number of health issues, including Retinopathy of Prematurity (ROP). ROP is “the leading cause of infant blindness in the world. But more importantly, it’s the leading cause of preventable blindness in the world ” says Dr. Anand Vinekar during an Interview with SAP.

Along with SAP and CleaVision, Dr. Vinekar’s Narayana Nethralaya Eye Institute in Bangalore, collaborated on an AI program to automate the pre-screening of ROP in premature infants. That means more infants can be scanned in a shorter amount of time, helping stop ROP before the infants become irreversibly blind.

Learn more about how AI and cloud technology can help prevent infants from going blind: https://news.sap.com/?p=226596

00:00 India has Highest Number of Premature Births
00:39 ROP as the Leading Cause of Infant Blindness
00:50 Hanvith C’s Family Story
01:27 So Many Exams And So Little Time
01:47 How Technology Helps
02:05 Introducing AI
00:40 KIDROP Telemedicine Network Helps Save Time and Scale Outreach
02:58 Hanvith C’s Family

28 June

BUSINESS NEWS

Bain Implements SAP S/4HANA Cloud Public Edition Globally

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Bain & Company, a globally recognized management consulting firm, has integrated SAP S/4HANA Cloud Public Edition to manage its core financial operations across 40 countries. This strategic adoption signifies a major milestone in the firm’s enterprise resource planning (ERP) modernization initiative that began in 2020. Bain & Company, with its extensive network of over 65 […]

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27 June

SAP PRESS

Driver-Based Planning with SAP Analytics Cloud

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The days when finance could afford to plan the business based solely on historical data and gut feelings are long gone.

27 June

BUSINESS NEWS

S/4HANA Cloud Public Edition

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26 June

BUSINESS NEWS

Bonprix Implements SAP BW/4HANA and SAP Datasphere

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SAP has announced the successful completion of the implementation of SAP BW/4HANA and SAP Datasphere solutions by Bonprix, a prominent international fashion company under the Otto Group umbrella. This strategic move marks a significant milestone for Bonprix, enhancing its data management and analytics capabilities. Bonprix, one of Germany’s leading online fashion retailers, has integrated a […]

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26 June

BUSINESS NEWS

How Mindsprint Uses High Tech to Help the World Grow and Eat Better Food

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We don’t often think about how cutting-edge technology helped get fresh produce to our grocery store – or our doorstep. But that’s exactly what agritech firm Mindsprint is trying to do, alongside its parent company, whose mission is to reimagine the overall food supply chain.

Agritech, or agricultural technology, looks to improve yields and efficiency on farms using technology, and Mindsprint helps customers digitally transform sustainably. The Singapore-based technology and business services firm’s services include digital transformation, cybersecurity, and more – which requires a robust landscape.

“Now, we have added almost every product that SAP has into our environment,” Amit Jain, senior vice president and head of SAP at Mindsprint, said. This includes moving to SAP S/4HANA as well as running SAP SuccessFactors solutions, SAP Concur solutions, SAP Integrated Business Planning for Supply Chain, and more. “We work very, very closely with SAP – not just on the product side, but also on the services side.”

This has helped Mindsprint stay nimble and continue serving its customers – and their customers – as market demands have shifted.

Transparency for All

“People are not going to the shops anymore,” Jain said. “People want to order everything online.”

COVID-19 helped accelerate that shift, giving rise to food startups and other e-commerce sites, according to Jain. And Mindsprint uses logistics, finance, and manufacturing solutions within SAP S/4HANA to help those customers meet growing online demand and add transparency to the process.

“When you talk about the food supply chain, people want to be sure that the food that they’re eating is good – so they’re able to trace the origins of the food,” Jain said.

Toward that end, Mindsprint also relies on SAP to help refine transportation management every step of the food’s journey, from farms to ports and all the way to consumers, according to Jain. And between each of those trips, SAP Extended Warehouse Management proves to be important, as different foods require different temperatures and other conditions.

26 June

BUSINESS NEWS

New SAP Concur Research Reveals Five Challenges for Business Travel in 2024

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As global workforces grapple with the disconnect of remote working, efficient business travel is a top priority, offering access to new markets, insights, and development opportunities. However, it comes with complications, as revealed by new SAP Concur research of 3,750 travelers and 600 travel managers across global markets.

Many influences are driving – and sometimes stalling – the business travel industry. To ensure maximum productivity and well-being for travelers and travel managers, businesses must support them with the right education and tools in 2024 and beyond. To ensure smooth running and maximize their investments in business travel, business leaders must understand its friction points. The sixth SAP Concur Global Business Travel Survey explores some of the most pressing challenges facing business travelers today. These are the top five takeaways:

1. The Threat of Disruption

Eighty-eight percent of travelers have been forced to make last-minute changes in the past year because of unexpected delays, cancellations, or the need to re-route.
Eighty percent opt to add “booking buffers” to the start or end of their journey, or both, incorporating extra time to counteract unexpected schedule changes. This frustrating cycle discourages business travel altogether.

2. Traveler Safety Concerns

Business travelers cite safety (44%) or political or social (35%) concerns about the destination as the most common reasons that would cause them to decline a business trip.
Many travel managers experience burnout due to the range of aggravating factors they must consider when planning and provisioning for business trips. A third feel like they are expected to take on a more strategic role without further training.

3. The Toss-Up Between Sustainability and Costs

Over a quarter of business travelers are willing to decline a business trip due to the environmental impact or the inability to choose sustainable options.
Twenty-seven percent, on the other hand, claim their company has cut back on paying more for sustainable travel options over the past 12 months.
Over a third of travel managers face difficulties because they are expected to provide more sustainable travel options without an adequate budget.

4. Unequal Access to Travel Opportunities

Two in three business travelers say that travel is critical for their career advancement – but the same proportion feel they haven’t received equal opportunity to travel compared to their colleagues.
Staff cite reasons for unequal access such as their level of seniority (19%), age (18%), and gender (11%).

5. The Need for AI Solutions and Education

Most travelers (95%) are open to using AI-enabled options when arranging travel, but there is a prevailing “wait and see” attitude. Fewer than one in ten are comfortable using AI-enabled options currently.
Eighty-nine percent of business travelers want more company support, including assurances for personal data protection, potential biases, and protection from repercussions if AI-assisted bookings contravene company policy.

Leaders won’t be able to solve current travel disruption overnight – but they can make it more manageable for staff. By introducing measures to improve travel flexibility, training opportunities, and next-generation software solutions, organizations can adapt to a challenging market and future-proof their business travel posture for the long term.

For more information about the survey, including additional findings, please download our business traveler, travel manager, and SMB business traveler whitepapers.

Charlie Sultan is president of Concur Travel at SAP Concur.

The SAP Concur Global Business Traveler Survey was conducted by Wakefield Research between April 5-26, 2024, among 3,750 business travelers in 24 markets: U.S., Canada, UK, Germany, France, Benelux (Belgium, Netherlands, Luxembourg), Sweden, Denmark, Norway, Finland, Italy, Spain, ANZ (Australia, New Zealand), Middle East (UAE, Saudi Arabia), Japan, Korea, India, Mexico, Brazil, SEA (Singapore, Malaysia), South Africa, Portugal, Switzerland, and Austria. Data has been weighted to facilitate tracking.
The SAP Concur Global Travel Manager Survey was conducted by Wakefield Research between April 5-26, 2024, 2024, among 600 travel managers, defined as those who direct or administer travel programs for businesses, across 6 markets: Germany, Canada, Japan, ANZ Countries (Australia and New Zealand), UK, and U.S.

25 June

BUSINESS NEWS

Roca

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22 June

BUSINESS NEWS

Customers as Loyal Fans: The Power of Brand Advocacy

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Home to more than 1,000 leading brands across fashion, homeware, and beauty, BrandAlley offers its more than 13 million members the labels they love at up to 80% off recommended retail price. BrandAlley is the UK’s largest members-only flash sales website. These online platforms offer heavily discounted products or services for a limited time, typically lasting a few hours to a few days. The significant discounts attract customers and create a sense of urgency, as customers need to act quickly to make a purchase before the sale ends or the available stock runs out.

Key to BrandAlley’s success is its deep understanding of its members and the impressive fact that 70% of these customers keep coming back for more. Fifty-two percent of them buy instantly, purchasing an average of three items, or £140 of value.

Michelle Hurney, head of Marketing at BrandAlley, explains the company’s core principle: “We launch up to 40 campaigns every day that offer up to 75% off on some of the best brands such as Reiss, Dyson, Levi’s, and many more.” Campaigns are exclusively for members and interested customers have to sign up to browse the website and to shop. Registration is free.