Paid Content
:This paid content was written and produced by RV Studios of Red Ventures' marketing unit in collaboration with the sponsor and is not part of ZDNET's Editorial Content.
The Simplify to Innovate Forum in NYC stressed the important role SAP S4HANA will play in simplifying business and user experience. The event covered the Internet of Things and the Digital Economy and how SAP is helping businesses stay ahead of the their competition. Read the recap of the customer panel discussion in which Deloitte, TE Connectivity, and OpsVeda share how they plan to leverage SAP S4HANA to simplify business and maximize results.
Last week I attended the Simplify to Innovate Forumin NYC to hear how SAP is changing the way organizations execute business internally, with customers, and with each other.
The event echoed a reoccurring theme throughout all topic discussions, one that resonated with me as a millennial. The event stressed the importance of a simple user experience, and with SAP S/4HANA, Dave Spencer of SAP explained, "Organizations have a huge opportunity to outpace competition by providing a simplified user experience."
Deloitte is a longtime SAP partner and customer. The company has run SAP ERP since 1992, and recently Deloitte executes their finances with SAP HANA. Wanting an ERP solution that could fully integrate into its other solutions, Deloitte plans to begin an SAP S/4HANA with SAP Simple Finance project this month. Deloitte Principal, John Steele, explained that by working so closely with SAP S/4HANA as an implementation partner, the company quickly realized the value that this solution could offer its own business. By leveraging the real-time information provided through the S/4HANA system, Deloitte will be able to derive business benefits, predictions, and future trends.
SAP also runs SAP S/4HANA with SAP Simple Finance and since removed seven days from its quarterly reporting time, shortening the time to report on business outcomes from 12 days to five. The fast turnaround enables SAP to set the tone for the market each quarter as it is the first company to release earnings reports to the public.
TE Connectivity was in attendance on the panel. CIO and Vice President, Earl Newsome addressed TE's huge focus on the Digital Economy and the Internet of Things (IoT). Sanjiv Gupta, President and CEO of OpsVeda explained how IoT innovation is enabling new business processes, keeping organizations one step ahead of the customer need. Gupta shared a story about a printer business that is working to connect its ink cartridges to sensors connected via the IoT. The sensors will be used to alert the user when the cartridge is low and needs to be changed.