Shaping the future of digital economy and society _ sap blogs
Just like every journey has a destination, every company has a vision. Hockey quotes Every journey begins with a single step. Gold forecast 2017 Every vision turns into reality with a single decision triggering a single action.
I just returned from the World Economic Forum in Davos, and I’m fueled with many impressions from a forum with over 400 sessions covering everything from the rise of populism to the global economic outlook.
Exchange rate usd jpy Already in focus last year, digitalization continued to be one of the most discussed topics, driving the convergence of technologies that blur the lines between physical, digital and biological systems.
• Digitalization can help pave the way to a healthier, fairer, and more sustainable world. Eur usd historical data download Our natural resources are limited and digital innovation, for example in the area of 3D printing, have the potential to save lots of energy in the future.
• Artificial Intelligence (AI) is changing business and society. Pre market dow jones futures I am convinced that machines that become increasingly intelligent can make work easier, but AI can only be a booster of digitalization in a climate of connectivity. Usd rate of exchange Turning this into reality still requires regulatory and legal development – and what is more, we need greater trust in AI and connectivity throughout society and business. Binary code translator Trust is the ultimate currency in the digital economy. Malaysian ringgit to usd We have to have trust in machine learning algorithms that steer business processes – and help people – for more efficiency. Gender quiz lgbt This won’t happen by itself: Ethical principles are required to build and maintain trust in digital technologies.
• Knowledge, education, and lifelong learning are key to success. Used book stores They are the foundation of progress in every area of life, and driven by a natural gift to all of us: curiosity.
During every meeting, every panel, every conversation I had in Davos, concerns and opportunities coming with the digital transformation have been discussed thoroughly, and it became very clear that we need more agile, inclusive, collaborative and comprehensive responses to address the complexity and uncertainty in many areas.
It goes without saying that this will not happen overnight. Binary number translator Davos was a first step, and it is now upon us to continue. Cnn futures markets We at SAP want to take the right decisions together with our customers, and we take action – for a fair digital economy and thus a better world. Video editor linux mint The question remains how we can achieve these ambitious goals.
Digital transformation means both a shift in technology and mindset. Usd to aud exchange rate Consequently, it affects the economy, the society, and every individual. Html to word converter A decade ago, we would not even have begun to imagine the possibilities of what SAP’s software can achieve today.
Data – and the value of the data – is a major driving force and key to the digital transformation. Machine learning artificial intelligence Turning raw data into immediate business value ultimately fuels innovation, for example, in the areas of digital customer experience or Internet of Things. Rm to usd Accordingly, data- and digital technology-based innovation is the foundation for future success of companies in the digital economy.
It might sound easy, but the truth is: It is not! The dilemma our customers are facing today is that while they must prepare themselves for the future, they are bound to legacy IT landscapes and the according investments.
Becoming a digital enterprise requires far more than just investing in new technologies. Usd to inr today Going forward, every company will have to manage two separate, coherent modes of IT delivery – one focused on stability and the other on agility. Binary arithmetic operations There is a need to balance the “never touch a running system” world with the need for agility, flexibility, and speed – by implementing new use cases without disturbing existing processes. Usd inr forecast Therefore, a separate layer of speed is needed that allows fast innovation, ease of consumption, and a maximum degree of freedom to build individual, differentiating solutions. Usd exchange rate history Gartner calls this “bi-modal IT” where mode 1 represents stability whereas mode 2 stands for agility – as already outlined in my recent blog.
To ensure our development teams are best prepared for supporting our customers in tackling these challenges, we are currently running our annual SAP Development Kick-Off Meetings around the globe. Usd to vnd conversion On top of sharing a joint vision, we have also broken down this vision to a rock-solid strategy and top priorities to fulfill the needs of our current and future customers. Cnn market futures At the very first meeting in Karlsruhe, Germany, I shared our five top priorities which will guide us through 2017:
• And last but not least, we innovate for future growth by focusing on strategic drivers like the Internet of Things, Artificial Intelligence, Machine Learning, and Blockchain.
And as you can see, this all sums up to a modular suite for the digital age. Binary language translator We are going through a massive transformation at SAP – with and first and foremost for our customers: We are reinventing our products for the digital age. Usd to sar exchange rate We are shifting our mindsets and are open to learn and quickly adapt. Aud usd live We allow ourselves to explore and develop new technologies to make our solutions connected and intelligent. Usd account That is how we will turn our vision into reality – as every journey begins with a single step.