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Digitization promotes innovations

The development of innovations, new business models and operational excellence are the priority topics for IT managers in the next two years.
E-3 Magazine
April 29, 2021
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This text has been automatically translated from German to English.

To implement their strategic goals, 51 percent of respondents in the new Lünendonk study either want to build their own platform ecosystems or become part of existing platforms. In this context, 48 percent of the companies want to expand their competencies in data analysis more strongly and transform themselves into data-driven organizations.

To meet the changing challenges of digitization, companies are increasing their efforts in innovation development. Nearly half of the companies surveyed are focusing on reducing costs/increasing efficiency (51 percent) and increasing flexibility (49 percent) when developing innovations. "Many companies were responding to a better cost structure and a higher degree of digitization among the competition, but also to the platform economy with its digital business models, some of which are very successful", says Mario Zillmann, partner at Lünendonk and author of the study.

"These are based on high process efficiency, consistent data analysis, the use of AI and the cloud, and high user centricity."The exchange of data across system boundaries via open-interface IT systems to create end-to-end processes is an important prerequisite for the digitization of processes and the development of digital business models.

More than one in two companies (56 percent) are already at a rather or very advanced stage in their use of open source tools in IT. Machine-
Although only 19 percent of the companies surveyed use M2M, 32 percent are planning to introduce it. In addition, 56 percent of the companies obtain new software predominantly as software-as-a-service and 49 percent already map certain business processes completely in the cloud.

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Working on the SAP basis is crucial for successful S/4 conversion. 

This gives the Competence Center strategic importance for existing SAP customers. Regardless of the S/4 Hana operating model, topics such as Automation, Monitoring, Security, Application Lifecycle Management and Data Management the basis for S/4 operations.

For the second time, E3 magazine is organizing a summit for the SAP community in Salzburg to provide comprehensive information on all aspects of S/4 Hana groundwork.

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More information will follow shortly.

Event date

Wednesday, May 21, and
Thursday, May 22, 2025

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Available until Friday, January 24, 2025
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EUR 590 excl. VAT

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Hotel Hilton Heidelberg
Kurfürstenanlage 1
D-69115 Heidelberg

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Wednesday, March 5, and
Thursday, March 6, 2025

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Available until December 20, 2024

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The event is organized by the E3 magazine of the publishing house B4Bmedia.net AG. The presentations will be accompanied by an exhibition of selected SAP partners. The ticket price includes attendance at all presentations of the Steampunk and BTP Summit 2025, a visit to the exhibition area, participation in the evening event and catering during the official program. The lecture program and the list of exhibitors and sponsors (SAP partners) will be published on this website in due course.