Intensifying competition, changing customer expectations, and other business challenges have made digital transformation an operational necessity. Globally, companies give it a priority by embracing cloud computing and other emerging technologies. This urgency has brought SAP’s vision for the next-generation enterpRISE transformation to center stage. RISE with SAP services are designed to realize this vision by modernizing cloud ERP.
As a subscription-based, business-transformation-as-a-service (BTaaS) package, RISE with SAP includes all the essential components, like SAP S/4HANA Cloud, intelligent automation tools, etc. This blog explores the role of RISE with SAP in reshaping the future of cloud ERP and the digital transformation of enterpRISEs. Read on to learn why forward-looking companies adopt RISE with SAP to achiev e long-term agility.
Understanding the Shift in Digital Transformation
Digital transformation has evolved beyond automation, thanks to the advancement of technologies. The cloud ERP is at the center of this paradigm shift, moving from automating processes to creating intelligent enterpRISEs.
Let’s dig in.
The Global Push Toward Intelligent EnterpRISEs
Advancing core technologies, like AI, machine learning, advanced analytics, IoT, and cloud computing, have taken digital transformation to the next level. The integration of technological advancements promotes enterpRISE digitalization by increasing intelligence and the capability of making data-driven decisions.
Globally, businesses require more agility, scalability, and resilience, especially after the pandemic age. The shift in digital transformation can fulfill this requirement effectively by optimizing supply chains and ensuring sustained competitiveness.
Why Cloud ERP Is the Foundation of Digital Evolution
Cloud ERP plays a vital role in the digital evolution of modern industries. Traditional, on-premise ERP systems were costly to maintain and lacked the necessary flexibility. It posed many challenges, including data silos. The cloud-based ERP, in stark contrast, can eliminate hardware and maintenance costs. It acts as a Software as a Service (SaaS) to give higher flexibility for remote workforces and more scalability to handle changing requirements.
High-end platform-based ecosystems like SAP S/4HANA Cloud are capable of making the future of cloud ERP more promising. These solutions offer real-time insights and other benefits to take the enterprise to a new level. Let’s understand this with the example of RISE with SAP.
What Is ‘RISE with SAP’?
RISE with SAP is a subscription-based, BTaaS (Business Transformation as a Service) package. It includes SAP S/4HANA Cloud and process intelligence tools in a robust infrastructure. RISE with SAP gives companies a managed pathway for enterprise digitalization based on a unified responsibility model.
SAP’s Business Transformation as a Service (BTaaS)
The core concept and framework of RISE with SAP includes everything a modern enterprise needs for a successful journey to the cloud ERP. Its key components are SAP S/4HANA Cloud as the intelligent ERP, BPI (Business Process Intelligence) for analyzing operations, and SAP Business Technology Platform (SAP BTP) for seamless integration. RISE with SAP is a comprehensive approach that offers the facility of ‘one contract, one responsibility’.
Core Offerings of RISE with SAP
RISE with SAP can simplify digital transformation through its core offerings. It provides companies with essential cloud ERP migration support for making the transition from on-premise to cloud easy. Moreover, this model offers robust tools for business process redesign and automation. As a result, companies can monitor their performance and identify issues effectively.
Furthermore, RISE with SAP integrates industry-specific best practices and tools for ensuring high relevance and more compliance for specific sectors. As a comprehensive SAP ecosystem, RISE with SAP offers continuous innovation so that your enterprise remains ready for the future.
Read More: Grow with SAP- Powering Digital Transformation in Manufacturing
How RISE with SAP Drives Cloud ERP Evolution
There is no exaggeration in mentioning that RISE with SAP rewrites the future of cloud ERP. This advanced solution brings innovation and increases agility by promoting cloud ERP evolution. It simplifies the migration process and empowers businesses with high flexibility.
Accelerating Migration to Intelligent Cloud ERP
RISE with SAP gives a simplified path to S/$HANA Cloud adoption by removing traditional barriers and complex infrastructure setup. It also provides the digital core and the cloud infrastructure under a single contract to accelerate the migration from legacy systems to cloud ERP. As a result, companies can focus more on business model transformation.
Moreover, RISE with SAP ensures seamless integration with existing business systems and third-party applications thanks to pre-built connectors and standardized APIs. Companies can leverage the benefits of automation and AI in both migration and optimization of their processes. Advanced tools like BPI (Business Process Intelligence) can analyze and refine existing workflows effectively.
Empowering Businesses with Flexibility and Agility
RISE with SAP possesses a modular architecture for tailored transformation. It facilitates businesses to adopt the necessary functionality and solutions, so that they can focus on the areas that deliver the highest value. Real-time analytics and decision-making can give executives the necessary insights into performance and market trends in real time. Finally, the cloud-based model supports growth and innovation with high flexibility.
Leveraging Business Technology Platform (BTP)
One of the top advantages of RISE with SAP approach is the SAP BTP. It plays a pivotal role in enterprise digitalization by consolidating data from SAP and non-SAP systems. This is useful to build a unified data fabric for the entire business model. Additionally, BTP empowers users by enabling low-code/no-code (LCNC) app extensions to create custom applications quickly. BTP assists companies in building intelligent and connected workflows across different departments.
Impact of RISE with SAP on Core Sectors
RISE with SAP has a significant impact on various industry sectors. We will take three key sectors to understand how this intelligent cloud ERP bundle drives transfromation while fulfilling specific needs and addressing challenges.
Manufacturing
This sector gets the benefits of an intelligent supply chain and predictive maintenance with the help of RISE with SAP. Another advantage is the flawless integration of production and logistics departments using IoT and analytics. This capability enables manufacturers to get real-time visibility into production performance and execute dynamic scheduling adjustments.
Retail & Distribution
This model helps retailers offer personalized experiences by giving real-time insights. The integrated data platform unifies data from all channels to create a single and accurate view of the customer. It also revolutionizes inventory management with accurate demand forecasting and inventory optimization using AI.
Services Sector
This is one of the biggest beneficiaries of RISE with SAP. It gets enhanced operational efficiency with transparency and data-driven delivery. Cloud ERP (SAP S/4HANA Cloud) offers real-time monitoring of projects, resources, and other factors to make swift, informed decisions. This sector also gets the advantage of cloud-based collaboration and mobility.
Other sectors like healthcare and logistics can also get many business benefits of RISE with SAP.
Benefits Businesses Can Expect from RISE with SAP
Here are some common business benefits of RISE with SAP that any enterprise can expect-
- Unified Digital Core
- Reduced IT Costs
- Improved Process Efficiency
- Seamless Project Scalability
- Innovation and Growth
An intelligent digital core (S/4HANA Cloud) can remove data silos and offers a single source of truth.
It reduces IT complexity and maintenance costs by shifting companies from CapEx to OpEx effectively.
It brings automation in processes and streamlines workflows to improve the overall efficiency.
The cloud-based architecture ensures excellent scalability for future expansion and adaptation.
It ensures continuous innovation through SAP ‘s robust ecosystem with updated business software.
However, it is better to consult a reputable and official SAP Partner to implement RISE with SAP effectively for leveraging these benefits and overcoming challenges.
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Challenges and Considerations in Adopting RISE with SAP
Let’s face it. Migrating from a legacy ERP system to S/4HANA Cloud is not just a technical upgrade. This complex process involves migration and data-related issues. Therefore, companies must execute a thorough data cleanup with a governance strategy. Another major non-technical challenge is to establish successful change management and employee adoption across the company.
Apart from these challenges, it is essential to implement some considerations before migrating to RISE with SAP. One of the key considerations is selecting the right deployment model between public cloud and private cloud. Another major consideration is extensive partner support and training to ensure a smooth transition. It is imperative to select the right SAP partner to ensure effective execution, training, and on-time deployment.
The Future of Cloud ERP and SAP’s Vision
Emerging technologies like AI, machine learning, and predictive analytics drive the future of ERP. As this solution becomes more intelligent, it transforms passive data into real-time insights effectively. Intelligent cloud ERP also automates complex processes to enable the system to take a proactive approach. RISE with SAP rewrites the future of ERP and digital transformation by providing a clean and cloud-native core with a flexible platform.
The future of Cloud ERP focuses on sustainability and ESG (Environmental, Social, and Governance) in digital transformation. SAP’s vision of building intelligent and adaptive enterprises with flexible value chains and effective adaptation to market trends will be materialized by RISE with SAP.
Concluding Remarks
RISE with SAP solutions can reshape the future of ERP by BTaaS. As a holistic, subscription-based approach, it simplifies complexities and drives innovation with agility. Enterprises can get insightful information in real-time to make decisions. Simply put, RISE with SAP is the key to a future-ready enterprise, irrespective of industry sector.
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