Data silos lead to isolated solutions
However, these facts don’t stop them from implementing new technologies in the hope of keeping pace with the competition. At best, newly implemented but poorly integrated solutions work reasonably well. At first glance, they do what they promise, but they do not deliver any significant added value for the company.
Often, however, they are useless, swallowing up enormous sums of investment and those responsible have difficulties understanding why the project failed. In the worst case, the systems do “something” – and it turns out only after a while (and significant economic consequences) that the delivered output is simply wrong. That’s because of the insufficient data quality with which the systems are fed.
In any case, the consequence is an IT landscape that is made up of many isolated solutions and has no disruptive effect on the company’s market position.
Opportunities of the S/4 transformation
If companies are faced with the choice between investing in technology trends, or in the S/4 project, they must be aware of one fact: without a solid foundation in the shape of a modern ERP system, with fully integrated end-to-end processes, all innovative digitization projects will fall short of expectations.
On the other hand, this also means that the S/4HANA transformation presents a huge opportunity. Companies now have the unique opportunity to completely rethink processes and even adapt their business model.
New technologies, such as SAP IBP (Integrated Business Planning) enable, among other things, gross sales and production planning, forecasting, or demand planning. They can be seamlessly integrated into SAP S/4HANA and have an enormous impact thanks to in-memory database technology. This not only ensures greater innovative strength, but also resilience and adaptability in times of ongoing change.
How can your company benefit from SAP S/4HANA? Our Trusted Advisors will give you their independent expert assessment and advise you on how to build the digital backbone of your company.