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Editor's Notes

• #3: Today’s world is changing quickly – Digital is everywhere Technology is backbone of the Digital Economy When we deposit a check using our Smart Phone – we’re a part of the Digital Economy. When we go for a run wearing a FitBit – we’re part of the Digital and let’s say we are not buying groceries online, but we’re in the store using our loyalty card – we are still part of the Digital Economy. The Digital Economy is the world we live in today, whether we think we are a part of it or not… and whether we work for SAP or not. This world we live in is changing faster than ever before because of the technology available at massive scale today. We interact with these technologies every day in our personal lives and our work lives, and they are all around us to the point we sometimes forget they are there. Let’s take a closer look at 5 of the major technology trends happening right now:  Hyperconnectivity A SmartPhone is an easy example. We check it at all hours of the day and in any place we can probably imagine. We use it for email, restaurant reservations, video conferencing, reading our favorite newspaper, and staying connected to the world through hundreds of thousands of apps. It’s no longer just our phone. It is our watch. Our computer. Our stereo. Our bank. Our scrapbook. Our business’ home. It isn’t just a phone, in fact, some people may not even use it to make calls anymore. This dramatically impacts our expectations in terms of speed of service, response time, and productivity. And it is not just with our phone that we are connected pretty much 24h a day 7 days a week, but also our Smart Watch, Smart TV, Tablet, Computer and all other connected devices we own and use. And every time we use these devices, we use data and leave a trail of data. There are no signs of mobile devices decreasing in relevance, rather the latest estimates believe 90% of the world’s population over 6 years old will have some sort of mobile device by 2020. Big Data We hear about Big Data all the time, but what does it really mean? Big Data is what enables Amazon to tell you that they are having a sale on your favorite brand of sneakers in your favourite color. Or how Netflix is able to recommend a new TV show that’s similar to that one you just finished watching last night. But it is also what enabled Target, the US retailer, to approach women in early stages of pregnancy with offers of diapers and baby clothes before they had told friends and family of their news (link to the story below). You may find this scary or just a sign of the times, but there’s a good chance that the Google Search function knows more about how you’re doing than your closest family members. Big Data is growing and we’re just at the beginning of how this information will be used – 44 Trillion gigabytes of data will be generated by 2020. And it is estimated only 1% of that data is being analyzed. Cloud Computing Cloud has existed for as long as the internet has, but it wasn’t called Cloud back then. But if you ever had a Hotmail, Yahoo mail, or Gmail account then you’ve been operating in the Cloud. The big difference now is that software is being sold and used in the Cloud. You can see entire business models in the Cloud with companies like Salesforce and Workday. With the Cloud, you don’t need to own or build a big IT infrastructure or giant data center anymore. You can just buy these computing capabilities from someone else and have it deployed in the Cloud - that gives anyone access to large scale computing capabilities at a low cost. Did you know - 36% of all data produced in the world will be stored in the Cloud by 2016 Intelligent World Hollywood has done a great job telling stories about Artificial Intelligence in movies like Robocop and Terminator. While we may have called these movies Science Fiction back when they came out, today they could be headlines from the news. Artificial Intelligence is real and more and more a part of our daily lives. We can now play games on our SmartPhones or laptops with “players” specifically designed to help us improve our skill level. Doctors are using 3D printers to create ears, valves, knees, and the medical community is just getting started. Sensors, robotics, 3D printing and artificial intelligence are becoming normal and these intelligent technologies will increasingly impact our lives and the way we do business. Cybersecurity As we increasingly use and rely on technology, it gives wrong doers a new set of weapons to attack, undermine and disrupt businesses and financial markets. In late 2014, the world watched as a U.S. entertainment industry leader was attacked by cyber terrorists, and it exposed a new reality for businesses, governments, and individuals operating in today’s Digital Economy. Trust and privacy are things we value, and as we discussed, some companies know a lot about us and store our private and professional data, pictures, Likes, Tweets, and other information. The more we put out there, the more security becomes a major issue. And businesses who are proactively focusing on security are getting a competitive advantage in the market and enhancing their reputations in the process. We can see how all of these technologies impact our work and personal lives, but they also have a tremendous impact on business and the global economy. Digital technologies have changed the rules of business and some industries have been more impacted than others - think about the travel and hotels, taxis, newspapers, retailers, and banks. All industries are being impacted and there are no signs that the disruptions will stop. Businesses have no choice but to re-invent themselves, and if they don’t, someone else will. Here are a few companies that have changed the game for their industries: Under Armour Facebook Uber Siemens Alibaba http://www.forbes.com/sites/kashmirhill/2012/02/16/how-target-figured-out-a-teen-girl-was-pregnant-before-her-father-did/
• #7: 1. Outcome based customer experience. 2. Re-platform core business processes and bring together business process and analytics in real-time to be smarter, faster, and simpler. 3. Smarter and engaged workforce across all employees and contractors. 4. Supplier collaboration to accelerate growth innovation. 5. Harness the Internet of Things and Big Data to drive real-time insights and new business models. SAP S/4HANA is the digital core that can deliver on this digital framework allowing customers to scale their digital transformations across the entire enterprise.
• #8: 1. Outcome based customer experience. 2. Re-platform core business processes and bring together business process and analytics in real-time to be smarter, faster, and simpler. 3. Smarter and engaged workforce across all employees and contractors. 4. Supplier collaboration to accelerate growth innovation. 5. Harness the Internet of Things and Big Data to drive real-time insights and new business models. SAP S/4HANA is the digital core that can deliver on this digital framework allowing customers to scale their digital transformations across the entire enterprise.
• #9: 1. Outcome based customer experience. 2. Re-platform core business processes and bring together business process and analytics in real-time to be smarter, faster, and simpler. 3. Smarter and engaged workforce across all employees and contractors. 4. Supplier collaboration to accelerate growth innovation. 5. Harness the Internet of Things and Big Data to drive real-time insights and new business models. SAP S/4HANA is the digital core that can deliver on this digital framework allowing customers to scale their digital transformations across the entire enterprise.
• #12: 1. Outcome based customer experience. 2. Re-platform core business processes and bring together business process and analytics in real-time to be smarter, faster, and simpler. 3. Smarter and engaged workforce across all employees and contractors. 4. Supplier collaboration to accelerate growth innovation. 5. Harness the Internet of Things and Big Data to drive real-time insights and new business models. SAP S/4HANA is the digital core that can deliver on this digital framework allowing customers to scale their digital transformations across the entire enterprise.
• #14: 1. Outcome based customer experience. 2. Re-platform core business processes and bring together business process and analytics in real-time to be smarter, faster, and simpler. 3. Smarter and engaged workforce across all employees and contractors. 4. Supplier collaboration to accelerate growth innovation. 5. Harness the Internet of Things and Big Data to drive real-time insights and new business models. SAP S/4HANA is the digital core that can deliver on this digital framework allowing customers to scale their digital transformations across the entire enterprise.
• #16: 1. Outcome based customer experience. 2. Re-platform core business processes and bring together business process and analytics in real-time to be smarter, faster, and simpler. 3. Smarter and engaged workforce across all employees and contractors. 4. Supplier collaboration to accelerate growth innovation. 5. Harness the Internet of Things and Big Data to drive real-time insights and new business models. SAP S/4HANA is the digital core that can deliver on this digital framework allowing customers to scale their digital transformations across the entire enterprise.