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How is SAP making the shift to industrial IoT?
28 May 2018
One views the industrial Internet of Things (IoT) as billions of sensors do get connected into the intelligent systems that distract from its true role, which is digital transformation. 2 reasons manufacturers invest in IoT The first reason big companies to invest in IoT is they do get concerned about being digitally disrupted. The second reason is the company’s slow growth and its need for increased productivity. Over a period of 40 years, SAP has indeed been the beneficiary of the last wave of manufacturing automation productivity. SAP has indeed the largest share of the enterprise resource planning (ERP) market, with one-third of discrete and process manufacturers to make use of their software to plan and operate production. SAP directly, or rather indirectly through its implementation partners, does influence every industry. SAP’s vision for IoT in manufacturing Collaboration and networks will rather affect the industry borders thus making the respective companies work closer together. This implies more data sharing. New technologies as new business models The focus has been upon ERP and industrial automation thus increasing the efficiency of individual manufacturing plant by manufacturing plant — processes, inventory, equipment and people. The new business models are enabled by new technologies […]
Partners led mid-market approach becomes a growth engine for SAP India
26 May 2018
As far as SAP India is concerned, mid-market has indeed emerged as a key focus business in the last two years. Nearly 80 percent of customers in India are SMEs, most of which them being facilitated by SAP India’s partners. Its expansion plans focus upon the company wanting to achieve a partnership-led go-to-market strategy for its promising SME business. The renewed channel partner strategy is oriented towards partnership profitability and is also designed in order to help for them to grow their business sustainably. The company is of the view that as SMEs in India aspire to become enterprises, it is essential for the companies such as SAP to start focusing on this segment. Moved from tier 2 to single layer model SAP did away with its old distribution model and gets itself into a single tier model. The company indeed graduated all its traditional EBMs to VARs business. VARs will be working directly with SAP channel team. Without actually placing additional on ground resources, the company has empowered more its VARs for its geo-expansion strategy. Partner Packaging Factory: A new format SAP has indeed introduced a new business format for its channel named- Partner Packaging Factory which is an […]
Price Optimization with SAP Predictive Analytics
20 April 2018
Organizations do make use of the accessibility of a powerful optimization algorithm rather quickly as well as easily. SAP analytics have an important role to play in business operations and price optimization is indeed a major aspect of business growth and development. Input Data The focus is on the best price each of the respective products.The aspects taken into consideration are the product name (or SKU identifier), the current annual volume that has been sold and current existing price of the product as well as the current profit margin. Some of the products are indeed presently unprofitable (as per evidence by the negative profit margin), so management would like to re-set prices for next year to ensure that: 1.) No product has, in fact, a price increase or decrease of over 10% 2.) Any product that is rather currently unprofitable has a minimum price that would break-even for profit 3.) Overall, given the same volumes as this year, total revenue will increase by 2-4% Visualizations After importing the dataset one can build some of the basic visualizations in order to help understand the current product mix. The stacked bar charts to show how much revenue as well as profit each […]
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