Forrester Survey Intelligent Technology Digital TransformationForrester Survey Intelligent Technology Digital Transformation https://epiuse.lat/wp-content/themes/corpus/images/empty/thumbnail.jpg 150 150 EPI-USE EPI-USE https://epiuse.lat/wp-content/themes/corpus/images/empty/thumbnail.jpg
SAP Study Says Up to 93 Percent of Companies Consider Intelligent Technology Key to Digital Transformation
WALLDORF — SAP SE (NYSE: SAP) today announced research findings from a study commissioned by SAP and conducted by leading industry analyst Forrester Consulting,* indicating that intelligent technologies are critical for supporting digital transformation in the enterprise.
In the Forrester survey of more than 740 respondents commissioned by SAP, up to 93 percent of companies agree that innovation technologies are key to achieving their digital transformation goals. To qualify to participate in this study, companies had to meet two important criteria: first, they had to be actively undergoing digital transformation, and second, they must have implemented at least two innovation technologies such as machine learning, the Internet of Things (IoT), artificial intelligence (AI), blockchain and augmented or virtual reality.
The study found that as companies seek competitive advantages, they are prioritizing innovation technologies. As such, these companies are implementing or have already implemented innovation technologies to drive digital transformation:
- The IoT: 92 percent
- AI: 78 percent
- Machine learning: 77 percent
- Augmented reality/virtual reality: 70 percent
- Blockchain: 68 percent
The study also found that as digital transformation journeys continue to be a priority for enterprises, organizations are increasingly optimizing existing processes to improve efficiency, extending processes to capture new value, and transforming business models to gain new revenue streams. According to the study, 92 percent of companies showed a high interest in platforms that can unify data collected by, and used across, all intelligent technologies and business processes.
Based on the results, different industries are focused on different priorities and leveraging multiple intelligent technologies, according to their varying levels of digital maturity and unique business goals. For example, most discrete manufacturers are prioritizing implementing or expanding predictive maintenance efforts. In comparison, retailers are primarily focused on using Big Data and predictive analytics to make assortment decisions, and utility companies are applying a digital boardroom where executives can see real-time capacity or efficiency rates.
“By partnering with Forrester on this intelligent enterprise study, we were able to uncover some of the challenges and opportunities associated with implementing new technologies,” said Irfan Khan, president, SAP Platform & Technologies, Global Customer Operations. “The study found that as companies seek competitive advantages, they are prioritizing innovation technologies. We are seeing businesses use the IoT, AI, augmented reality, ML and blockchain to improve processes, drive innovation and meet digital transformation objectives.”
As the study states, “Intelligent enterprises win in the digital era. An intelligent enterprise is an entity connecting people, processes, data and technologies as a means to accelerate digital transformation, doing more with less, improving customer engagement and inventing new revenue streams.” Find out more about this study here.
Stacy Ries, +1 (484) 619-0411, firstname.lastname@example.org, ET
*“Leaders Place Innovation at the Heart of Digital Transformation,” a January 2019 commissioned study conducted by Forrester Consulting on behalf of SAP.
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
© 2019 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 seehttps://www.sap.com/copyright for additional trademark information and notices.
- Posted In: