While mission-critical to the business, ERP runs core business processes such as HR, finance and payroll. Vitally important? Of course. But strategic? Not so much. And ERP rarely helps companies launch innovative ideas and drive success. Yet, the maintenance costs of such software continue to rise each year, yielding lower ROI as ERP vendors routinely cut features and reduce the scope of services over time. Many of these same vendors continue to push upgrades and migrations, treating ERP systems like cartons of milk past their expiration date. The cost to organizations is not only monetary, but also human, constraining staffing resources that could otherwise be focused on innovation. Consequently, leadership could be missing time-sensitive opportunities in this fast-paced, fiercely competitive industry.

Source: Shutterstock

Threading the savings/innovation needle

For Hubert Tsang, CIO of Pacific Textiles – a global manufacturing leader and producer of fabric used in the production of more than a billion garments each year – choosing independent software support from Rimini Street gave him a golden opportunity to achieve significant savings with a renewed focus on strategic innovation.

“When we purchased SAP, the closest product we were offered to fit our needs was the Mill Products industry solution, traditionally used for paper products and steel manufacturing,” said Mr Tsang. “Obviously, textiles didn’t fit quite well into that, so we required an extensive number of customizations.”

While vendor support for S/4HANA was helpful during initial implementation, the service deteriorated after that, and Pacific Textiles became frustrated with quality, speed, and cost issues. Pacific Textiles quickly chose Rimini Street, locking in a five-year deal to secure both the savings and long-term partnership while mapping out its strategic IT roadmap.

Making the switch to independent software support helped deliver markedly improved, higher-quality services for Pacific Textiles’ customized SAP S/4HANA systems, which serve as the backbone of the business, reducing response time by 96 percent compared to vendor support. It also freed IT staff to work on more strategic projects rather than spending time chasing tickets, upgrading systems, or carrying out self-support on its highly customized software not covered by the vendor’s scope of services.

“With the money that we’ve saved by moving to Rimini Street, Pacific Textiles is now able to work on key, strategic projects that we’ve been wanting to do for years,” said Mr Tsang. “In manufacturing, we collect and analyze tons of data so we can understand and optimize the performance of our machines. We had wanted to move to a new data lake architecture, but too much budget was wrapped up in IT support. Rimini Street helped us free up the funds to take on this important project which will support our AI innovation roadmap.”

Source: Shutterstock

Look before you leap

Pacific Textiles is in good company, joining hundreds of global manufacturing leaders such as Hyundai Motor Group, Proton, Globe Union, ITE Tech, SIFLEX, and many others that have made the decision to extract more value from their existing systems and refocus freed resources to work on more innovative projects.

Under pressure to cut costs and innovate, it’s no surprise IT leaders in manufacturing and many other industries are giving serious consideration to the benefits of independent enterprise software support. But Mr Tsang reminds those seeking independent software support options that not all service providers are alike.

“We quickly discounted Rimini Street’s competitors because they don’t have the same size, scale, and capabilities across the world. In particular, they couldn’t provide us with the language support that we needed,” explained Mr Tsang. “With Rimini Street, we have a lot of confidence in them because of their strong track record of success with thousands of global companies using Oracle, SAP, Salesforce and more, resulting in 4.9 out of 5.0 client satisfaction rating for nearly two decades. That is no coincidence!”

Watch the video: Find out more about the innovative projects Pacific Textiles is funding by making the strategic move to Rimini Street.

Learn more: Discover how you can refocus manufacturing IT resources from support to innovation.

The post Manufacturers solve the puzzle to achieve both growth and profitability: Better ERP support appeared first on Tech Wire Asia.

With such large responsibility, it is imperative that the HR system they and the rest of the staff use is efficient and user-friendly. A tangled web of procedures and policies confuses employees, resulting in errors, miscommunications, and decreased efficiency. Frustrations with HR software can discourage its use, meaning missed opportunities for employees to access vital resources that boost morale, like company benefits.

Payroll services are equally important to a company, an integral part of Finance and HR. Naturally, it is a priority for staff; one survey of Australian workers found that 58 percent list ‘salary’ as the single most important aspect of a job. Payroll must be accurate and timely to ensure employee satisfaction, but also so the company stays ahead of the ever-changing regulatory landscape. However, an overcomplicated payroll system can lead to errors in salary processing, tax calculations, and benefits administration. These errors not only result in financial stress for employees but can also lead to noncompliance and, thus, costly legal issues for the company.

A way around these potential headaches is to keep the systems the company implements as simple and well-integrated into workflows as possible. Simplified HR software enhances efficiency by streamlining administrative tasks, reducing manual data entry, and automating routine processes. This not only saves time but also minimizes the risk of errors, ensuring accurate record-keeping and payroll processing.

Research has found that almost 70 percent of employees with one HR platform felt confident they could find the information they need, but confidence plummeted to 49 percent among those whose company used more than one platform.

A user-friendly HR system also allows staff to handle tasks like requesting time off, accessing training resources, and claiming employee benefits independently, thereby encouraging them to do so and boosting job satisfaction. For the HR team, a streamlined system provides data-driven insights, aiding strategic decision-making. It can access real-time data on workforce trends, helping it optimize recruitment, training, and retention strategies.

When it comes to a simplified payroll solution, one of the most significant benefits is improved cybersecurity, which is especially necessary in this era of remote and hybrid work. According to a 2022 survey of senior leaders with payroll responsibility, almost two-thirds of respondents said their payroll operation had been impacted by a cybersecurity breach at least once in the last two years. Nearly one in four reported that their payroll operations had been affected by three or more such breaches in that time.

Any simpler system reduces the complexity that often invites cybersecurity vulnerabilities. With fewer intricate components and a more straightforward design, the risk of security breaches is significantly lowered. All staff data is also kept in one centralized location rather than multiple insecure platforms like emails, Excel, or Google Sheets. This enhanced security not only protects sensitive financial data but also safeguards the organization’s reputation and financial stability.

The same survey of senior leaders with payroll responsibility quoted above found that just nine percent spent less than five hours a week reconciling data between HR and payroll systems, while 60 percent dedicated between six and 25 hours. This demonstrates that there is definitely a need for many offices to upgrade their HR and payroll systems, particularly those that offer robotic process automation (RPA). Over half of the respondents said that RPA makes up less than 30 percent of their payroll processes, meaning they still have to spend time on tedious, repetitive tasks.

What’s more, according to the survey of Australian workers, more than a third are still being paid incorrectly. The survey of senior leaders with payroll responsibility showed that, of all the payroll queries a business receives, 26 percent have to do with disparities between the hours worked and their pay, and 15 percent concern inaccuracies in net income. A fit-for-purpose automated solution could significantly alleviate these issues.

Here are four pieces of HR and payroll software that have caught our eye at Tech Wire Asia:

ADP – Comprehensive HR services

For over seven decades, ADP has been a trailblazer in HR and payroll services, and its commitment to innovation is evident in every facet of its offerings. Its payroll products are designed with a user-friendly interface that ensures ease of use for HR professionals.

Whether it’s managing payroll, handling employee records, or tracking time and attendance, ADP simplifies these tasks, freeing HR departments to focus on more strategic initiatives. This simplicity extends to employees as well, as they can easily access their payroll information and HR resources without unnecessary complexities.

In ADP Workforce Manager, tasks such as payroll processing, employee onboarding, and performance tracking are automated, eliminating manual work and mitigating the risk of errors. This not only saves time but also ensures compliance and precision in HR functions.

Employees also benefit, as they gain access to portals that simplify HR-related tasks like reviewing pay slips and updating their personal information. This self-service approach empowers employees by giving them transparency and control over their employment information.

ADP GlobalView Payroll, targeted at large multinationals, provides a single system of record for payroll across over 140 countries while helping minimize the risk of cyber threats. It also offers HR admin tools and reporting options, and encourages direct employee interaction with their pay, all while integrating seamlessly with other HCM software. This level of integration ensures data accuracy and consistency across all facets of HR management.

Deel – Remote hiring platform

Deel is a digital platform designed to simplify global hiring and payments for businesses with remote or international team members through Employee of Record (EOR) services, contractors, global payroll, immigration, and more. This holistic approach means companies can rely on Deel for end-to-end global workforce management.

One standout feature is contract generation, which simplifies the creation of legally compliant employment contracts tailored to the specific needs of each country. This not only saves time but also ensures that HR departments maintain legal compliance, a critical aspect when hiring international talent. Navigating the complexities of visas and work permits can also be a significant and stressful challenge. Deel provides guidance and resources to streamline the immigration process, ensuring businesses can secure the necessary documentation to employ talent across borders without a hitch.

Deel’s platform provides a centralized dashboard that HR staff can use to manage all employee contracts, making it easy to track, renew, or terminate agreements as needed. Additionally, Deel automates payroll processing, reducing the administrative burden on HR professionals. It handles currency conversions, tax calculations, and payments to international team members, ensuring accuracy and compliance with local regulations.

Expensify – Expense management

Expensify is a popular expense management tool that simplifies expense tracking, reimbursement, and financial reporting for businesses. One useful feature is its SmartScan technology, which enables users to capture receipts simply by taking a photo with their smartphone. It then auto-fills the expense report with details like the merchant name, date of expense, and total cost before Expensify’s own internal team checks the receipt against the log on behalf of the company’s finance team. This eliminates the hassle of manual data entry for staff and ensures accuracy in expense tracking. HR departments appreciate this feature as it simplifies employee expense submission, reducing administrative overhead.

Employees also benefit from Expensify’s rapid reimbursement process. The platform offers next-day reimbursement, ensuring staff are promptly compensated for their expenses, boosting morale and financial well-being. A chatbot will also remind staff if they still need to send or fully complete an expense form, which is handy when submitting them in bulk as it is easy to miss something.

By streamlining the expense tracking and reimbursement processes, Expensify reduces the risks of cyber threats associated with the manual handling of financial data. On top of encryption protocols and continuous security updates, this ensures that data remains confidential and protected throughout the entire expense management lifecycle, instilling confidence in both organizations and their employees.

Oracle Human Capital Management (HCM) – ERP-specific HR

Oracle HCM is an ERP-specific HR solution that stands out for its comprehensive capabilities tailored to large enterprises. Its deep integration with Oracle’s broader ERP solutions creates a seamless environment where HR, payroll, and financial data are interconnected. This ensures real-time visibility into financial transactions and allows HR teams to access critical data for strategic decision-making.

Oracle HCM’s integration with ERP systems opens doors to advanced analytics, allowing businesses to harness data-driven insights for workforce planning, recruitment and talent management. Furthermore, it enables a seamless data flow between HR, finance, and operations, leading to improved financial transparency and efficiency. Its robust payroll module handles calculations, tax compliance, and benefits administration with precision while continuously adapting to the ever-evolving regulatory landscape to reduce the risk of payroll errors and compliance issues.

Like ADP, it provides a user-friendly self-service HR portal; however, this solution is significantly more expensive. To justify the cost, the business might unlock the full potential of Oracle’s ERP by utilizing more of its wider suite of features.

Some of the companies featured in this article are commercial partners of Tech Wire Asia.

The post The importance of simple HR and payroll solutions: Tech Wire Asia’s recommendations 2023 appeared first on Tech Wire Asia.

Companies continue to accrue rising costs of new applications, tools, cybersecurity programs, business continuity planning, and more, while feeling the crunch of the IT talent shortage that drive higher salaries asks, attrition rates, and instability for the organization. So where are IT leaders to find wiggle room in their budget to fund innovation and meet the growing demand of the business without compromising operational excellence?

The answer is in their mission-critical ERP systems, or rather, WHO is supporting their ERP.

ERP serves as the backbone of most enterprises, offering solutions that enable the business to operate, scale and grow. However, mistaking ERP as a business strategy, not a tool, is where costs can get out of control and work against the health of the business.

Innovative companies bring forth successful ideas, new products and services that are based on the brilliant leadership and team vision, not by the ERP they purchased. Software vendors push upgrades, migrations and even forced deadlines to make companies move their systems to a newer product, each cycle adding cost, risk, disruption and downtime that impact the bottom line of the business. If executives are at the roundtable asking themselves “When do we need to make the purchase, how do we afford this,” rather than, “Why should we do this?” then it seems as though the vendor is the one running the future of the business, not the leaders.

Source: Shutterstock

Annual ERP software maintenance fees are often 22% of license fees, with diminishing ROI over time and less features and support offered, but steady in their demand of IT budget. Typically, customizations are not supported, and tax, legal and regulatory updates are only offered if on the latest release – all roads point to upgrade or migrate as a solution. This vendor-driven roadmap does not always have a clear ROI for the business.

Rimini Street offers a solution to help CXOs, IT and Finance leaders fund innovation while maximizing the ROI of its mission-critical ERP systems and enjoying better support and partnership than ever before. As the global provider of end-to-end enterprise software support, products and services that offers a comprehensive family of unified solutions to run, manage, support, customize, configure, connect, protect, monitor and optimize enterprise application, database and technology software, Rimini Street enables clients to achieve better business outcomes, significantly reduce costs and reallocate resources for innovation.

More than 5,200 Fortune 500, Fortune Global 100, midmarket, public sector and other organizations have relied on Rimini Street as their trusted enterprise software solutions provider, saving over $7B along the way. By enabling companies to run their current software release for 15 additional years, gain access to highly experienced, knowledgeable senior engineers, benefit from improved support, and partner with a global team whose interest is driven by client-success, Rimini Street continues to prove funding innovation can be easy as saying goodbye to your current vendor support provider.

Learn more and do more with Rimini Street: www.riministreet.com

The post How Successful CIOs Extract Maximum ROI of Mission-Critical ERP Systems to Fund Innovation appeared first on Tech Wire Asia.

• Huawei recently announced that it has replaced a former ERP system with its own MetaERP system over which it has full control.
• In his speech during the launch ceremony, Tao Jingwen, Huawei’s Board Member and President of the Quality, Business Process & IT Mgmt Dept explained the decision and some of the challenges which Huawei encountered in changing ERP systems.

On May 16, 2019, the US added Huawei to the Entity List. Within just a few days, ERP vendors notified Huawei that their supply and services would be suspended. Our 20-year-old ERP system was the core system underpinning Huawei’s enterprise operations and rapid development. It supported Huawei’s efficient billion-dollar business operations across more than 170 countries and regions worldwide. Any issue with the system threatened the “nervous system” of our entire business.

Tao Jingwen, Director, President of the Quality, Business Process & IT Mgmt Dept, Huawei

The sudden cut-off of ERP services was a massive crisis. In response, we systematically reviewed the problems and restrictions of the former system. We decided that in addition to developing our own system with complete, full-stack control, we should also apply new technologies, such as cloud-native architecture, metadata-driven multi-tenant architecture, and real-time intelligence. We decided to build a future-oriented, next-generation core enterprise business system to ensure more secure, efficient operations.

Huawei was heavily reliant on the old ERP system and whilst aware of its weaknesses also recognized its value. We introduced the MRP (Manufacturing Resource Planning) II system back in 1996 and later expanded to the ERP system that supported a host of our diverse global business scenarios. Huawei was one of the largest companies in the world using the ERP system. After exploring many potential solutions, in the end, we realized that the only way out was to develop our own.

MetaERP guarantees our complete, full-stack control. It uses the latest technologies to ensure quick responses to service requirements, scientific and efficient decision-making, as well as secure and reliable application data. In particular, it’s built with:

• Cloud-native architecture makes the most of computing power to support rapid global deployment and automatic adaptation to changes in service traffic, enabling the system to easily cope with service peaks with tens of millions of requests.
• Metadata-driven multi-tenant architecture standardizes metadata assets, such as business objects, entities, and logic, so that tenants can be flexibly orchestrated for quick responses to service requirements.
• Real-time intelligence maximizes the value of data. For example, multiple pre-trained AI models make risk control and decision-making more rational and efficient.
• Huawei’s proprietary GaussDB is able to process up to 30 million accounting entries per day, and completely eliminate the 30-minute delay. Processing is now handled in real-time.
• Backed by our trustworthiness transformation, MetaERP is more secure and controllable and allows efficient use of data while ensuring data security and compliance.

System boundaries had to be redefined, decoupling certain functions to focus on core ERP functionality. The old ERP system was like a massive old building in disrepair. Pipelines and routes were crisscrossed all over the place, and many of them had been built without following preset rules. We implemented the “green field” plan to clean up peripheral business application systems, removing more than 1,000 logical integration points and 3.2 million lines of customized code. Now the business application systems are standardized and plug-and-play. We also decoupled the system based on key business flows to ensure the real-time generation of accounting documents.

AS HUAWEI UNVEILS CLOUD-BASED METAERP, SHOULD THE US BE CONCERNED?

Aaron Raj | 21 April, 2023

New tools had to be developed to support the efficient and reliable system switchover. Our ERP system processed mountains of services and data every day, including 760,000 lines of sales orders, 210,000 lines of AP invoices, and 15 million lines of accounting entries. The system underpinned many complex and critical business scenarios, so ensuring a seamless transition to MetaERP with zero data losses was paramount. It was like changing the engine of a plane mid-flight. We needed to develop a complete set of switching tools to achieve this goal.

For example, we developed ROMA LiveFlow, a patch panel tool. This tool ensures the smooth migration of applications from ERP to MetaERP without impacting normal business operations on peripheral systems. We also developed a data migration tool that was able to migrate and verify 320 billion lines of highly clustered data within 35 hours. We carried out the migration on weekends to minimize the effect on regular business operations.

Our strategic partners included Kingdee, Yonyou, Qi An Xin, Tianyu, Kingsoft, Yonghong, and Yuannian. We developed China’s own components for core enterprise business systems. Through a joint effort, we have produced advanced engineering methods and a rich array of business applications.

Now MetaERP covers 100% of our business scenarios and 80% of our business volume across multiple domains, including sales, services, and manufacturing. MetaERP has already passed the tests for monthly, quarterly, and yearly settlements. While supporting the accuracy and timely release of our annual report, the system ensured zero faults, zero delays, and zero accounting adjustments. Since then, we have not only been able to build our own MetaERP, but also manage the switch and prove its capabilities.

The view in this article is that of the author and does not necessarily represent the view of Tech Wire Asia. 

The post The challenges of building Huawei’s next-generation MetaERP   appeared first on Tech Wire Asia.

Attacks on operational technology (OT) and industrial control systems (ICS) are becoming more sophisticated than traditional attacks on corporate networks. Given how these attacks affect ICS/OT, managing the various risks needs a new set of security capabilities, technologies, processes, and approaches, distinguishing ICS from traditional IT corporate networks.

Difference between operational technology (OT) and industrial control system (ICS)

ICS/OT assets and traditional IT assets are frequently contrasted; however, traditional IT assets emphasize either data in transit or data at rest. ICS/OT systems track and control the data that causes physical inputs and regulate physical actions to modify the real environment in real time.

In terms of technical distinctions, ICS differs from IT in a number of ways, including the prioritization of passive asset discovery and passive threat detection, low-bandwidth sites, critical yet legacy devices, proprietary engineering protocols, engineering systems not running traditional endpoint operating systems, and requirements for engineering hardware to be ruggedized and operate extremely reliably in harsh and even hazardous environments.

Due to the development of new attack frameworks, legacy devices, growing technological options, and resource limitations, the most challenging aspect of safeguarding control system technologies and processes is the technical integration of outdated ICS/OT technology with modern IT systems.

In fact, Nozomi Networks Inc., the market leader in OT and IoT security, revealed that industrial control systems (ICS) cybersecurity threats are still significant in its recent report titled, “SANS 2022 OT/ICS Cybersecurity Report”. As a result, organizations’ security postures have dramatically improved since last year. Despite the advancements, 35% of respondents don’t know whether their organizations have been breached. Also, in the past year, attacks on engineering workstations have doubled.

According to Andrea Carcano, Co-founder and CPO of Nozomi Networks, attacks like Incontroller have started directly targeting operational technology in the last year, which has been observed by Nozomi Networks researchers and the ICS cybersecurity community.

“While threat actors are honing their ICS skills, the specialized technologies and frameworks for a solid defense are available. The survey found that more organizations are proactively using them. Still, there’s work to be done. We encourage others to take steps now to minimize risk and maximize resilience,” he added.

Concerning threat vectors

With the surge in ransomware seen globally, it is not surprising that ransomware, extortion, or other financially motivated crimes rank as the top threat vectors of concern to respondents (40%).

Even ransomware that affects IT business networks may have an effect on ICS operations. This would depend on the location of ICS support services and network architecture, such as requirements for the enterprise resource planning (ERP) system and manufacturing execution system (MES) for ICS to be located on IT networks, and similar lessons learned from the Colonial Pipeline ransomware event. Detection and neutralization are more challenging when ransomware is specifically designed for industrial control systems, like the Ekans/Snake malware.

ICS cybersecurity risks remain high

• Compared to 69.8% in 2021, 62% of respondents rated the risk to their OT environment as high or severe.
• Although 10.5% of respondents claimed they had experienced a breach in the previous year (down from 15% in 2021), 35% of those respondents said the engineering workstation was an initial infection vector (up from 18.4% last year).
• Removable media replication is still the most common access vector (37%), followed by IT intrusions (41%).

Although there are still significant cybersecurity risks for ICS, its postures are maturing. The report showed that businesses are spending money on ICS certification and training: 83% of respondents have professional control system certifications, a significant increase from 54% in the previous year.

Additionally, 56% (up from 51% in 2021) claim to be discovering compromises within the first 24 hours of an incident. The majority (69%) claim that it takes 6 to 24 hours to go from detection to containment.

Defense efforts are progressively getting more assertive. Asset owners and vendors are working together to address the significant concerns the community is currently facing. It only seems reasonable that they would need to improve their defenses and staff skill sets to counter the growing threat since the enemies have undoubtedly raised their game.

The post Cyber threats to operational technology environments remain high – but security defenses are getting stronger appeared first on Tech Wire Asia.

Ketika dunia berubah, banyak organisasi berjuang untuk menyesuaikan diri dengan cukup cepat, dan batas-batas sistem kekayaan TI menjadi sangat jelas dalam banyak bidang, mulai dari keuangan dan pengoperasian, hingga pengalaman pelanggan dan keterlibatan karyawan, komunikasi pemasaran, dan yang paling tampak adalah dalam pengelolaan rantai pasokan.

Namun, jika ada satu hal yang dapat dipetik bagi bisnis selama pandemi, itu adalah ketahanan masa depan dan memperlengkapi untuk perubahan yang sangat penting untuk kesuksesan. Cloud selalu menawarkan skalabilitas dan keamanan perusahaan, tetapi kemampuan untuk berputar dengan cepat dan terus beradaptasi telah membuat banyak perusahaan cloud-first tampil lebih menonjol dari pesaing mereka secara signifikan.

Bagian dari masalah yang dihadapi banyak bisnis adalah kekayaan TI, terutama perangkat lunak ERP (perencanaan sumber daya perusahaan) yang lebih lama dan on-premise. Dalam banyak kasus, sistem yang lebih tua menempatkan data operasional dan keuangan di area yang berbeda (yang disebut silo), sehingga sangat sulit bagi pengambil keputusan di bagian perusahaan mana pun untuk mendapatkan gambaran yang lengkap. Selain itu, menyatukan informasi dari berbagai fungsi di perusahaan sering kali memakan waktu — mengumpulkan data pemasaran bersama analisis penjualan, di samping metrik rantai pasokan real-time, misalnya. Dalam lingkungan bisnis yang berubah dengan cepat saat ini, wawasan bisnis yang membutuhkan waktu berminggu-minggu atau bahkan berbulan-bulan untuk dikompilasi sudah menjadi ketinggalan zaman. Informasi real-time (atau mendekati real-time) adalah pemegang kunci kesuksesan.

Agar bisnis berhasil menjalani transformasi digital, perlu ada nuansa baru solusi manajemen perusahaan untuk membantu menutup kesenjangan akselerasi. Ini adalah kesenjangan antara kecepatan perubahan dan kemampuan untuk mengikutinya. Ini bukan hanya mem-porting perangkat lunak ERP yang sudah ketinggalan zaman ke cloud, tetapi ini tentang menggunakan solusi asli cloud yang berfungsi dengan bisnis, bukan sekadar untuk bisnis.

Platform manajemen perusahaan saat ini menghadirkan semua keuntungan dari solusi berbasis cloud: ekstensibilitas, inti data terpadu, informasi terkini, dan sejumlah fungsi digital canggih yang dapat disesuaikan dengan persyaratan bisnis tertentu. Infrastruktur cloud yang cekatan berarti perusahaan dapat beradaptasi dengan cepat terhadap perubahan kondisi kerja yang mendadak, serta tantangan pasar yang lebih spesifik, seperti munculnya pesaing yang sulit dikendalikan.

Dengan arsitektur yang dirancang untuk berkembang dari bawah ke atas, perusahaan dapat bertransformasi secara hemat dimulai dari inti operasi bisnis dan selalu menjadi yang terdepan dalam menghadapi tantangan hari ini dan masa depan. Dengan orang, keuangan, dan informasi operasional yang terikat erat, platform seperti Workday memberi siklus rencana-eksekusi-analisis yang lebih pendek bagi perusahaan untuk pengambilan keputusan yang cekatan, jadwal produksi yang lebih cepat, pengoperasian tanpa batas real-time, dan penutupan kesenjangan akselerasi digital.

Dalam penerapan sehari-hari, perusahaan kini dapat memanfaatkan teknologi yang, beberapa tahun lalu, hanya digunakan di lembaga penelitian akademis. Saat ini, algoritme pembelajaran mesin yang didukung oleh komputasi cloud, mengotomatiskan proses bisnis utama tepat di seluruh sistem TI yang berbeda, bekerja dengan data dari toko cloud dan on-premise yang terhubung. Pembelajaran mesin adalah inti dari otomatisasi dan membentuk dasar untuk prediksi dan pemodelan cerdas berbasis analisis. Wawasan yang dikumpulkan dengan metode ini dapat mengubah cara pendekatan perusahaan terhadap keuangan, manajemen bakat, dan pengoperasian. Algoritme cerdas menyajikan data langsung dalam format atau “cerita” yang dapat diakses dan mudah dipahami, yang berarti investasi organisasi dalam sistem TI dapat membuahkan hasil bagi masing-masing fungsi bisnis.

Sistem tunggal Workday sebagai contoh utama berarti bahwa perusahaan dapat terus mengkalibrasi ulang dan beradaptasi, menanamkan pendekatan evolusioner ke dalam pemrosesan bisnis. Singkatnya, ketika lanskap berubah, pendekatan dan pengoperasian perusahaan juga akan berubah.

Workday memberi kemampuan kepada pembuat keputusan untuk berpikir lebih cepat dalam membuat keputusan yang lebih cerdas berdasarkan data empiris dunia nyata dari platform yang sangat tangguh dan aman yang sepenuhnya berbasis cloud. Apakah perusahaan perlu menetapkan kembali keterlibatan karyawan dengan bisnis atau menawarkan generasi baru pengalaman pelanggan ke pasar, Workday adalah platform yang memungkinkan perusahaan untuk membangun dan menciptakan. Ini memberikan nuansa baru bagi cloud manajemen perusahaan yang menyediakan fleksibilitas bagi penggunanya untuk mengembangkan bisnis, mendorong pertumbuhan, dan kemampuan berkembang melalui berbagai kesulitan. Workday mengerti bahwa aplikasi harus beradaptasi dengan kebutuhan bisnis yang berkembang baik untuk saat ini maupun hari esok yang tidak pasti.

Untuk mempelajari lebih lanjut tentang platform manajemen cloud perusahaan Workday, silakan menghubungi perwakilan lokal yang bisa berkomunikasi dengan bahasa Anda hari ini.

The post Respons perusahaan yang cekatan dalam dunia kerja yang terus berubah appeared first on Tech Wire Asia.

如果說企業從此次疫情中學到了什麼重要經驗，那就是應對未來的彈性和做好變革準備，是獲得成功的必要條件。一直以來，雲端都是企業實現擴展性和安全性的重要工具，但仔細觀察在競爭中遙遙領先的雲端優先企業，你會發現它們都具備快速轉向和持續適應的能力。

對於很多企業而言，老舊 IT 系統是亟待解決的問題之一，尤其是版本較陳舊的本地 ERP（企業資源規劃）軟體。在許多案例中，陳舊的系統會將運營和財務資料分置於不同區域（即所謂的「孤島」），導致企業任何級別和部門的決策者都很難全面瞭解情況。此外，整合公司不同職能部門的資訊通常需時較長。例如將行銷資料與銷售分析進行整合，與即時供應鏈指標進行對照。在當今瞬息萬變的商業環境中，如果需要幾週甚至幾個月的時間才能完成業務洞察分析，這個結果本身就已經過時了。即時（或接近即時）資訊才是成功的關鍵。

企業想要成功進行數位化轉型，就需要採用全新企業管理解決方案，以縮小加速發展過程中的差距，即「變化的速度」與「跟上變化的能力」之間的差距。為此，我們不僅要將過時的 ERP 軟體移植到雲端中，還要使用雲原生解決方案。這種解決方案要能適用於企業發展，而非臨時舉措。

現代的企業管理平臺具有雲端解決方案的所有優勢：可擴展性、統一的資料核心、快至毫秒的資訊提供、可以根據企業具體需求進行微調的強大數位功能。擁有靈活的雲端基礎設施，意味著公司可以快速適應工作環境的突然變化，更有效針對市場帶來的特定挑戰，例如出現具有破壞性的競爭對手等。

透過從基礎開始設計和發展的架構，企業可以用具成本效益的方法從業務運營的核心層面進行轉型，在當下和未來的挑戰中一直領先同業。Workday 等平臺將員工、財務和運營資訊緊密整合在一起，縮短企業「計劃—執行—分析」的週期，實現靈活決策、加快投產速度、即時無縫運營、縮小在數位加速過程中的差距。

幾年前還限於學術研究機構內部使用的技術，如今已成為企業日常工作實踐中常用的工具。由雲端運算提供支援的機器學習演算法，如今可在不同 IT 系統中自動進行重要的業務流程，處理結合本地存儲和雲端存儲的資料。機器學習是自動化的核心，是根據分析進行智慧預測和建模的基礎。以這種方式收集的洞察分析數據，將支持公司改變處理財務、人才管理和運營領域事務的方法。智慧演算法以容易存取、易於理解的格式（或「故事」）展示即時資料，這意味著企業對 IT 系統的投資，將在各個業務部門中獲得回報。

Workday 的單一系統是最佳的例子，它可以幫助公司進行持續的重新校準和適應，將不斷完善的處事方法嵌入業務流程之中。簡言之，企業的處事方法和運營將隨著環境的變化與時俱進。

Workday 是一個具有高度彈性和安全性，並完全實現雲原生的平臺，提供實際經驗數據，幫助決策者加快思考速度，做出更明智的決策。無論公司有何需求，比如重新確認員工的業務參與度，或是向市場提供新時代的客戶體驗，Workday 都能成為企業可以構建和創造的平臺。它是一個全新的企業管理雲類別，幫助使用者以更靈活的方式發展業務、推動增長、在顛覆性的環境中發展壯大。Workday 深知，任何應用程式都必須緊貼企業在當下和難以預測的未來中不斷變化的需求。

想要瞭解有關 Workday 企業雲端管理平臺的更多資訊，歡迎聯繫您當地的代表。

The post 企業靈活應對不斷變化的工作格局 appeared first on Tech Wire Asia.

เมื่อโลกเปลี่ยนไปจากเดิม หลายๆ องค์กรต่างต้องเผชิญปัญหาในการปรับตัวที่ทำได้ไม่เร็วมากนัก และข้อจำกัดของระบบไอทีที่ใช้มาแต่เดิมก็อาจก่อปัญหากวนใจ ในหลายๆด้านด้วยกัน ไม่ว่าจะเป็นงาน finance, งาน operations, customer experience, employee engagement, ไปจนถึงการสื่อสารการตลาดและ ที่ชัดเจนที่สุดก็คือการบริหารจัดการซัพพลายเชน (supply chain management)

สิ่งที่องค์กรต่างๆ ทั่วโลกได้เรียนรู้จากสถาณการณ์โรคระบาดที่เกิดขึ้นนี้ ก็คือการสร้างความยืดหยุ่นให้กับองค์กรเพื่อให้ดำเนินการต่อไปได้ แม้อาจจะต้องประสบ พบเจอกับเหตุการณ์ที่ไม่คาดคิดมาก่อน และการเตรียมพร้อมสำหรับการเปลี่ยนแปลงต่างๆ นา ซึ่งเป็นปัจจัยที่ทำให้ธุรกิจสำเร็จได้ไม่ว่าจะมีการเปลี่ยนแปลงใดเกิดขึ้นก็ตาม

ระบบคลาวด์คือระบบที่มีความสามารถในการปรับขยายขนาด(scalability) และความปลอดภัย (security) สำหรับองค์กร และผู้ใช้งาน แต่เราก็ได้เห็นแล้วว่า ความสามารถในการขยับโยกย้ายอย่างรวดเร็วและสามารถปรับเปลี่ยนอย่างต่อเนื่องต่างหากที่ทำให้บริษัทที่ให้ความสำคัญกับระบบคลาวด์เป็นอันดับแรกๆ หลายแห่งสามารถก้าวนำหน้าคู่แข่งไปหลายช่วงตัว

ส่วนหนึ่งของปัญหาที่หลายๆ ธุรกิจต้องประสบก็คือระบบไอทีแบบดั้งเดิม โดยเฉพาะอย่างยิ่งกับซอฟต์แวร์ ERP (Enterprise Resource Planning) แบบ on-premise รุ่นเก่านั่นเอง ในหลายๆ กรณีเราพบว่าระบบรุ่นเก่านั้นเก็บข้อมูลการทำงาน และข้อมูลการเงินไว้แยกกัน หรือที่เรียกว่าเป็นระบบแบบ Silos  ซึ่งระบบ Silos นี้ทำให้ผู้บริหารงานที่อยู่ในระดับต่างๆ ขององค์กรมองไม่เห็นภาพรวมแบบหนึ่งเดียว อีกทั้งการนำข้อมูลจากหลายๆแหล่งมารวมกันนั้น ต้องใช้ระยะเวลาในการดำเนินการ อธิเช่นการนำเอาข้อมูลการตลาดมาวางเทียบกับการวิเคราะห์ยอดขาย พร้อมกับตารางซัพพลายเชนแบบเรียลไทม์  ยิ่งในสภาพแวดล้อมทางธุรกิจในยุคนี้ ก็ยิ่งต้องใช้เวลาหลายสัปดาห์ในการรวบรวมข้อมูลเชิงลึกทางธุรกิจ เพราะ data มีการเปลี่ยนแปลงตลอดเวลา ซึ่งก็มีแนวโน้มที่จะได้ข้อมูลที่ไม่มีความอัพเดท หรือเป็นข้อมูลย้อนหลังหากนับตั้งแต่วันที่มีการดึงข้อมูลนั้นๆ มา ในขณะที่กุญแจสำคัญหลักที่จะนำพาธุรกิจไปสู่ความสำเร็จ คือข้อมูลแบบเรียลไทม์ (หรือเกือบเรียลไทม์)

การที่บริษัทจะปฏิรูปไปสู่ระบบดิจิทัลได้สำเร็จได้หรือไม่นั้น จำเป็นจะต้องมีโซลูชันการบริหารจัดการองค์กรยุคใหม่เพื่อช่วยปิดช่องว่างในการเร่งดำเนินงาน ช่องว่างที่ว่านั้นก็คือความแตกต่างระหว่างความรวดเร็วในการเปลี่ยนแปลงและความสามารถในการก้าวตามให้ทัน ไม่ใช่เพียงแค่การย้ายซอฟต์แวร์ ERP ที่ล้าสมัยไปไว้บนคลาวด์ แต่ยังต้องมีโซลูชันที่สร้างมา เพื่อทำงานบนคลาวด์โดยเฉพาะที่ทำงาน “ร่วมกับ” ธุรกิจ ไม่ใช่แค่เพียงทำงาน “ให้กับ” ธุรกิจเท่านั้น

แพลตฟอร์มการบริหารจัดการองค์กรในทุกวันนี้ได้นำเสนอข้อดีมากมายของโซลูชันบนคลาวด์ ไม่ว่าจะเป็นความสามารถในการขยายคลอบคลุม (extensibility) แกนหลักข้อมูลที่เป็นหนึ่งเดียวกัน (a unified data core) ข้อมูลที่เร็วถึงระดับมิลลิวินาที (up-to-the-millisecond information) และฟังก์ชั่นการทำงานด้วยระบบดิจิทัลที่ทรงพลังอีกสารพัด ซึ่งสามารถปรับแต่งได้อย่างละเอียดเพื่อให้ตรงกับข้อกำหนดและความต้องการที่มีความเฉพาะเจาะจงของธุรกิจนั้นๆ โครงสร้างพื้นฐานระบบคลาวด์ที่คล่องตัว จะช่วยให้องค์กรสามารถปรับเปลี่ยนให้เข้ากับการเปลี่ยนแปลงของสภาพการทำงานได้อย่างรวดเร็ว รวมไปถึงความท้าทายต่างๆ ที่มีความเฉพาะเจาะจงในแต่ละอุตสาหกรรม อย่างเช่น การรวมตัวในภาคธุรกิจของคู่แข่งหน้าใหม่ในตลาด ที่มีความแข็งแรงและยากต่อการแข่งขัน เป็นต้น

ด้วย architecture พื้นฐานที่ออกแบบมาให้รองรับการพัฒนาเพื่ออนาคตของ Workday ทำให้องค์กรสามารถปฏิรูปหลักการการดำเนินธุรกิจของตนได้ในราคาประหยัด(cost-effective) และเป็นการสร้างความพร้อม เพื่อรับกับความท้าทายต่างๆ ทั้งในปัจจุบันและอนาคต  เมื่อ people, finances และ operational information ถูกนำมาผูกรวมไว้ด้วยกันในแพลตฟอร์มของ Workday ก็จะทำให้วงจรการทำธุรกิจเป็นไปอย่างราบรื่นและต่อเนื่อง ไม่ว่าจะเป็นเรื่องการวางแผน-ดำเนินงาน-การวิเคราะห์ข้อมูลต่างๆ ก็สามารถทำได้อย่างรวดเร็ว เพื่อตอบสนองต่อความต้องการของผู้ดำเนินธุรกิจในการตัดสินใจที่ฉับไว – agile decision-making / ตารางดำเนินการผลิตที่รวดเร็วขึ้น – faster to-production timetables / การดำเนินงานที่ไร้รอยต่อแบบเรียลไทม์ – real-time seamless operations / ช่วยปิดช่องว่างจากการเร่งปฏิรูปสู่ระบบดิจิทัล (closing of the digital acceleration gap)

การปฏิบัติงานในแต่ละวันขององค์กรเองก็สามารถนำเทคโนโลยีที่เรียกว่า “Machine Learning”มาใช้งานได้ ซึ่งเจ้าตัว Machine Learning นี้ถูกใช้ใน academic research institutions เป็นส่วนใหญ่เมื่อสองถึงสามปีที่แล้ว แต่ทุกวันนี้ machine learning algorithms ถูกนำมาใช้ในระบบ cloud computing ช่วยทำให้ Business Process ต่างๆ เป็นไปอย่างอัตโนมัติได้ และเป็นการทำงานควบคู่ไปกับข้อมูลจาก Software ขององค์กรเองที่ถูกเชื่อมต่อไว้กับระบบคลาวด์ ทั้งนี้การเรียนรู้ของระบบนั้นนับเป็นหลักการสำคัญของระบบการทำงานอัตโนมัติและเป็นรากฐานสำหรับการคาดการณ์อัจฉริยะที่อาศัยการวิเคราะห์และการสร้างโมเดล  อีกทั้งข้อมูลเชิงลึกที่ได้มา สามารถนำไปใช้เพื่อปรับเปลี่ยนวิธีการทำงานด้าน Finance, Talent Management และ operations ด้วยเช่นกัน สำหรับตัว smart algorithms นี้จะช่วยให้องค์กรสามารถเข้าถึงข้อมูลที่เป็น live data ทำให้ผู้ใช้งานเข้าถึงและเข้าใจได้ง่าย (easy-to-understand formats or “stories) ซึ่งก็หมายความว่าองค์กรได้ลงทุนในระบบไอทีด้านต่างๆ ไปแล้วในตัว

Workday’s single system หรือระบบแบบหนึ่งเดียวของ Workday คือตัวอย่างที่ดีในการช่วยให้องค์กรสามารถปรับเทียบมาตรฐานได้ต่อเนื่อง พร้อมผสานแนวทางที่เป็นนวัตกรรมใหม่ๆ เข้ากับกระบวนการธุรกิจ หรือพูดง่ายๆ ก็คือ เมื่อตลาดเปลี่ยนไป แนวทางและการดำเนินงานขององค์กรก็จะต้องปรับเปลี่ยนให้เข้ากับตลาดด้วยเช่นกัน

Workday ตระหนักดีว่าแอปพลิเคชันนั้นต้องสามารถปรับเปลี่ยนให้เข้ากับความต้องการของธุรกิจที่เปลี่ยนแปลงได้ เราจึงสร้างแพลตฟอร์มระดับองค์กร เพื่อสนับสนุนให้องค์กรนั้นๆ สามารถวางพื้นฐานการทำธุรกิจเพื่อปัจจุบันและอนาคตและสามารถปรับเปลี่ยนได้ตามยุคและสมัย นอกจากนี้ยังมาพร้อมกับระบบบริหารจัดการองค์กรรูปแบบใหม่ที่พร้อมมอบความยืดหยุ่นให้กับองค์กรและผู้ใช้งานอย่างแท้จริง เป็นการรองรับความก้าวหน้าของธุรกิจ และช่วยขับเคลื่อนธุรกิจให้เติบโต และก้าวข้ามอุปสรรคต่างๆ นาๆ ได้แบบไม่มีขีดจำกัด – ช่วยให้ผู้มีอำนาจตัดสินใจทางธุรกิจ สามารถคิดคำนวณได้เร็วขึ้น ซึ่งก็นำไปสู่การตัดสินใจที่เร็วและสร้างผลบวกให้กับธุรกิจมากขึ้น โดยอาศัยข้อมูลแบบ real-world  ผ่านแพลตฟอร์มที่มีความยืดหยุ่นและมีความปลอดภัยสูง ทั้งยังสร้างมาเพื่อระบบคลาวด์โดยเฉพาะอีกด้วย ไม่ว่าบริษัทจะต้องการเน้นย้ำการมีส่วนร่วมของพนักงาน (Employee Engagement) หรือเปิดตัวประสบการณ์ลูกค้าในรูปแบบใหม่สู่ตลาดก็สามารถทำได้เช่นกัน

ติดต่อทีมงาน Workday สำหรับประเทศไทยเพื่อสอบถามข้อมูลเพิ่มเติมได้แล้ววันนี้

The post การปรับเปลี่ยนองค์กรให้สอคคล้องกับโลกการทำงานที่เปลี่ยนไป appeared first on Tech Wire Asia.

세계가 변모함에 따라 많은 조직은 이에 대응하여 충분히 신속하게 적응하기 위해 고군분투했습니다. 또한 재정 및 운영에서부터 고객 경험 및 직원 참여를 거쳐, 마케팅 커뮤니케이션 등 많은 부분에서 그리고 가장 두드러지게는 공급망 관리에서 레거시 IT 시스템들의 한계가 고통스러울 정도로 극명하게 드러났습니다.

그러나 만약 코로나바이러스 팬데믹 전 과정을 겪으면서 기업을 위해 한 가지 교훈이 있었다면 그것은 바로 미래의 회복력과 변화에 대한 대비가 성공을 위한 필수 요소라는 것입니다. 클라우드는 항상 기업에 확장성과 보안을 제공해 왔지만, 많은 클라우드 우선 기업이 경쟁사들에 비해 상당히 앞서게 된 것은 빠르게 전환하고 계속 적응할 수 있는 능력 때문입니다.

많은 기업이 씨름해 온 문제 중 일부는 레거시 IT, 그 중에 특히 오래된 온프레미스 ERP(전사적 자원 관리) 소프트웨어입니다. 많은 경우에 오래된 시스템은 운영 및 재무 데이터를 여러 곳(이른바 사일로)에 분산시켜 배치하므로 기업의 어느 부분에서든 의사결정권자가 전체 구도를 파악하기가 아주 어렵습니다. 추가로, 예컨대, 실시간 공급망 메트릭스 가까이에 판매 분석에 따라 마케팅 데이터를 대조하는 등 회사의 다양한 기능에서 정보를 취합하는 등에 종종 시간이 걸렸습니다.  오늘날 급변하는 비즈니스 환경에서는 컴파일하는 데 몇 주 또는 심지어 몇 달 걸리는 비즈니스 통찰력은 사실상 구식입니다. 성공의 열쇠는 실시간(또는 거의 실시간에 가까운) 정보입니다.

기업이 디지털 전환을 성공적으로 수행하려면 기업이 가속화 격차를 줄이는 데 도움될 새로운 차원의 기업 관린 솔루션이 필요합니다. 이것이 바로 변화의 속도와 그에 보조를 맞출 수 있는 역량 사이의 격차입니다. 그것은 단순히 구식의 ERP 소프트웨어를 클라우드로 이식하는 것에 그치는 것이 아니라, 기업을 위해서라기보다는 기업과 함께 일하는 클라우드 본연의 솔루션을 사용하는 것입니다.

오늘날의 기업 관리 플랫폼은 클라우드 기반 솔루션의 모든 이점, 즉 확장성, 통합 데이터 핵심, 밀리세컨드 단위로 업데이트되는 최신 정보 그리고 기업 고유의 요건에 맞도록 미세 조정될 수 있는 많은 강력한 디지털 기능 등을 제공합니다. 애자일 클라우드 인프라는 작업 환경의 갑작스러운 변화는 물론 파괴적인 경쟁사의 등장과 같은 보다 구체적인 시장 주도 도전에 기업이 빠르게 적응할 수 있음을 의미합니다.

처음부터 발전하도록 설계된 아키텍처 덕분에 기업은 사업 운영의 핵심에서부터 비용절감적인 변혁을 기할 수 있고 또한 현재와 미래의 도전 과제에 항상 앞장설 수 있습니다. 인력, 재무 및 운영 정보를 통합시킴으로써 Workday와 같은 플랫폼은 민첩한 의사결정을 내리기 위한 보다 단기적인 계획-실행-분석의 사이클, 보다 신속한 생산 일정, 실시간 중단 없는 운영 그리고 디지털 가속화 격차의 해소 등을 기업에 제공합니다.

불과 몇 년 전만 하더라도 학술 연구 기관에서만 사용되던 기술을 이제는 기업이 일상적으로 그리고 실용적으로 활용할 수 있습니다.  오늘날 클라우드 컴퓨팅 기반 기계 학습 알고리즘은 연결된 온프레미스 및 클라우드 저장소의 데이터와 공동 작업하면서 다양한 IT 시스템을 넘어 주요 사업 프로세스를 자동화합니다. 기계 학습은 자동화의 핵심이며 분석 기반의 인텔리전트 예측 및 모델링의 기반을 형성합니다. 이러한 방식으로 수집된 통찰력은 기업이 재무, 인력 관리 및 운영에 접근하는 방식을 바꿀 수 있습니다. 스마트한 알고리즘은 접근 가능하고 이해하기 쉬운 형식 또는 “스토리”로 실시간 데이터를 제시하고, 이는 곧 조직의 IT 시스템 투자가 모든 비즈니스 기능에서 성과를 거두게 됨을 의미합니다.

대표적인 예로 Workday의 단독 시스템은 기업이 비즈니스 과정에 혁신적인 접근책을 심어 놓음으로써 계속 재검정하고 적응할 수 있음을 의미합니다. 간단히 말해서 환경이 변하듯이 기업의 접근책과 운영도 변합니다.

Workday는 의사결정자에게 보다 신속하게 생각하는 능력과 실제 세계. 그리고 완전히 클라우드 본연에 충실한, 회복력 높고 안전한 플랫폼에서 나오는 경험 데이터에 기반한 보다 스마트한 결정을 내릴 수 있는 능력을 제공합니다. 기업이 직원의 비즈니스 참여를 재확인하든 아니면 새로운 세대의 고객 경험을 시장에 제공하든 Workday는 기업이 구축하고 생성할 수 있는 플랫폼입니다. 이 플랫폼은 사용자가 비즈니스를 발전시키고, 성장을 촉진하며, 파괴를 통해 번창할 수 있는 유연성을 제공하는 새로운 차원의 기업 관리 클라우드를 제공합니다. Workday는 애플리케이션이 현재와 불확실한 미래에 변화하는 비즈니스 요구 사항에 적응해야 한다는 것을 알고 있습니다.

Workday의 기업 클라우드 관리 플랫폼에 대해 더 자세히 알고 싶으시면 현지의 언어를 구사하는 현지 담당자에게 문의하십시오.

The post 변화하는 업무 세계에서의 기업의 민첩한 대응 appeared first on Tech Wire Asia.

As the world transformed, many organizations struggled to adjust quickly enough, and the limits of legacy IT systems became painfully apparent in many areas, from finance and operations, through to the customer experience and employee engagement, marketing communications, and most visibly in supply chain management.

But if there has been one takeaway for businesses throughout the pandemic, it’s that future resilience and equipping for change are imperatives for success. The cloud has always offered companies scalability and security, but it’s the ability to pivot quickly and continue to adapt that has placed many cloud-first companies significantly ahead of their competitors.

Part of the issue many businesses grapple with is legacy IT, particularly older, on-premise ERP (enterprise resource planning) software. In many cases, older systems place operational and financial data in different areas (so-called silos), thus making it very difficult for decision-makers in any part of the enterprise to get the complete picture. Additionally, bringing together the information from different functions in the company often took time — collating marketing data alongside sales analysis, next to real-time supply chain metrics, for example. In today’s rapidly changing business environment, business insights that take weeks or even months to compile are effectively out of date. It’s real-time (or near real-time) information that holds the key to success.

For businesses to successfully undergo digital transformation, there needs to be a new class of enterprise management solutions to help them close the acceleration gap. This is the gap between the speed of change and the ability to keep pace with it. It is not just porting outdated ERP software to the cloud, it’s about using a solution native to the cloud that works with the business rather than for it.

Today’s enterprise management platforms bring to the table all the advantages of a cloud-based solution: extensibility, a unified data core, up-to-the-millisecond information, and a host of powerful digital functions that can be fine-tuned to a business’s specific requirements. Agile cloud infrastructure means companies can adapt fast to sudden changes in working conditions, as well as more specific market-led challenges, like the emergence of a disruptive competitor.

With an architecture designed from the ground up to evolve, companies can cost-effectively transform from the heart of their business operations and always be on the front foot for challenges today and into the future. With people, finances, and operational information tightly bound together, platforms like Workday grant the enterprise shorter plan-execute-analyze cycles for agile decision-making, faster to-production timetables, real-time seamless operations, and closing of the digital acceleration gap.

In practical, everyday ways, companies can now leverage technologies that, just a few years ago, were used only in academic research institutions. Today, machine learning algorithms powered by cloud computing, automate key business processes right across different IT systems, working with data from connected on-premise and cloud stores. Machine learning is at the core of automation and forms the foundation for analysis-based intelligent predictions and modeling. Insights gathered in this way can change how a company approaches finances, talent management, and operations. The smart algorithms present live data in accessible, easy-to-understand formats or “stories”, meaning organizations’ investments in their IT systems pay off in every business function.

Workday’s single system as a prime example means that companies can continue to recalibrate and adapt, embedding an evolutionary approach to business processes. In short, as the landscape changes, so too will the enterprise’s approach and operations.

Workday gives decision-makers the ability to think faster and make smarter decisions based on real-world, empirical data from a highly resilient and secure platform that’s fully cloud-native. Whether companies need to re-affirm their employees’ engagement with the business or offer a new generation of customer experience to the market, Workday is the platform on which companies can build and create. It delivers a new class of enterprise management cloud which provides the flexibility for its users to evolve their business, drive growth, and thrive through disruption. Workday knows that applications should adapt to the business’ evolving needs both today and in an uncertain tomorrow.

To learn more about Workday’s enterprise cloud management platform, reach out to a local representative who speaks your language today.

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