Businesses are under intense pressure due to new approaches, enabled by exponential technologies such as cloud computing, Artificial Intelligence, Big data, mobility and block chain technology. These technologies tend to remove the traditional barriers on a global scale. New entrants can quickly create businesses that once took incumbents decades to build. As a result, competition in many markets is increasing, and product life cycles are compressing.
Technology has finally brought us to a completely new world of faster business where superficial information is no longer adequate to support decision making. The paradigm has shifted to the analyses of data from every business process whether structured or unstructured. We are more interested in the depth, dependability, reliability and above all timeliness of information.
With all new innovations, the biggest danger isn’t necessarily external—it’s often the ways in which an organization might respond to the perceived threat. It is prudent to take advantage by aggressively pursuing the new opportunities that the new forces inevitably generate, maintaining the status quo is not an option. The comforting sense of operational normalcy is gradually disappearing posing a challenge to all businesses irrespective of the size and industry.
Adopting the right business management solution is one of the best ways to tackle the risk posed by the new normal. The right business management software solutions such as SAP Business One, the very Enterprise Resource Planning (ERP) Software we are exploring at this Seminar, are able to handle the challenges often posed to businesses due to the exponential growth in their data volumes, organizational realignments that include increase in size, acquisitions, spin-offs, which requires unbundling and re-bundling of business processes.
The solution helps you gain control over your business, whether you’re a small or mid-sized business. No matter how fast your business environment changes, you’re able to streamline your processes, gain greater insight into your business, and make decisions based on real-time information – so you can drive profitable growth.
It is against this background that we are creating deep awareness about SAP Business One, a business management software that has brought business comfort to over 250,000 small to mid-size companies and offers technology that would never be outgrown no matter how fast business processes change.
The theme “selecting a business management software in a volatile business environment”, is therefore apt for this event.