“Startup” means risk. It prescribes small teams of individuals committed to an idea to make the world a better place…or to make themselves a little richer. Why not both? Regardless, new business ventures work under pressure to research, refine, and deliver an idea to the market. The alternative is shuttering for good. But despite the…
In April 1972, entrepreneurs Dietmar Hopp, Hasso Plattner, Claus Wellenreuther, Klaus Tschira, and Hans-Werner Hector started an amazing innovation journey, which culminated in SAP’s 50th anniversary celebration in 2022. Together with our customers and partners, we are happy to celebrate the 10th Anniversary of the SAP Innovation Awards. This award program extends the co-founders’ vision…
It’s widely recognized that introducing IT teams to the latest technology, business, and security advancements is essential for maximum performance and productivity. What’s not often discussed, however, are the mistakes IT leaders make when establishing and supervising training programs, particularly when training is viewed as little more than an obligatory task. “Treating training as a…
The energy sector is in a consistent state of transformation—both digital and otherwise—but the word “transformation” can be thrown around loosely, as if it just happens with an organization. In reality, it’s hard work, and hard to do. Change is challenging, and maintaining high-performance and diverse teams is fundamental to deliver success. “A main thing…
When Brad Clay became chief digital officer of GlobalFoundries in early 2021, he knew his role would be less about technology implementation and more about process change. In 2018, the $8 billion global semiconductor manufacturer announced a pivot in its business strategy: The company would no longer develop and produce 7-nanometer and smaller chip technologies;…
“Supply chains are under stress,” said Thomas Saueressig, member of the SAP executive board and head of its Product Engineering division, at the recent Hanover Fair. The past few years have shown how prone to failure global logistics chains are, and he added this also has far-reaching consequences for the German manufacturing industry. Digital supply chains, therefore, are…
Google Cloud, the cloud computing arm of Alphabet, has turned profitable at an operating level for the first time ever, despite fears of macroeconomic uncertainty. Google Cloud posted an operating income of $191 million for the quarter ended March, compared with an operating loss of $706 million for the corresponding period last year. The…
As the new year gets underway, organizations are looking beyond the challenges, volatility and reactive mode of the past few years and strategically planning their future to compete and thrive. Two topics that are top of mind are where work gets done and the related impact on office real estate investments and the role of…
Salesforce previewed new capabilities for its Field Service application suite on Tuesday, giving an early look at a new mobile application powered by the company’s EinsteinGPT generative AI engine. Salesforce Field Service, which is a part of the company’s Service Cloud, offers applications designed to boost productivity of companies’ frontline workers, lower operating costs, and…
Today’s consumers are accustomed to smooth, frictionless online shopping – and they increasingly expect the same kind of digital experiences from their banks. Insider Intelligence found that 89% of U.S. consumers use mobile banking channels, and 70% said mobile banking is now their primary way of accessing their accounts. “Most people do not want to…