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Maturity comes with age and experience. This adage is as true for a business as it is for an individual. Anyone can look back to an instance where they were learning a new skill and wish they could have known what they know now. Hopefully most of us can similarly think of something we DIDN’T do because we learned from someone else’s experience.
Years of technological evolution and innovation without consideration for simplified approaches have left many businesses dependent on an abundance of complex enterprise IT architecture. Legacy systems, siloed data, and patchwork solutions to pressing problems have reduced agility and hampered companies’ ability to rapidly respond to market changes.
Digibee has spent the past few years helping organizations connect the old with the new, allowing them to tap into important business innovations such as cloud migration, automation, and optimized customer experiences.
The technological solutions of the past were built with the idea that they should last a lifetime. Investments in a new system or technological architecture were expected to offer returns for years to come.
It’s been two years since SAP announced it would sunset support for its on-premise ERP. There are five years until the current deadline. In business terms, five years seems like a comfortable window for change – in the technology world, five years is practically an eternity. With what seems like all the time in the world to migrate, is starting your SAP S/4HANA transition really that urgent?
The short answer: Yes.
The longer answer: Seriously, what are you waiting for? There are several reasons not to put off an SAP S/4HANA migration, no matter how daunting it may seem.
Shifting from on-premises to a cloud environment delivers significant efficiencies for your financial services organization, allowing you to tap into important innovations and improvements such as automation, process support, stronger security, and the elimination of aging datacenters.
The idea of system and data integration has reached an inflection point. Most companies have acknowledged the critical role embracing a modern integrated architecture plays in their plans for digital transformation. But relatively few have successfully acted on that understanding.
Enterprises are adopting digital-first strategies to help increase operational efficiency and meet changing customer expectations. But companies reliant on legacy systems and siloed data are at a disadvantage compared to their digital native competitors and must integrate existing systems and data with modern tools.
Organizations around the world have built their businesses on SAP technology, an investment that has spanned many years. For those enterprises that started their ERP journey with SAP R/3 in 1992, the relationship is decades-long.
As a business leader, you’re responsible for the health and success of the company. Accountable to the board, investors, customers, and employees, you must ensure the organization responds with agility to changes in the market.
The success of any IT project that involves the migration from established, foundational technology to contemporary, cloud-based technology, is often determined by how well you integrate the old with the new.
Integration is a critical first step in the digital transformation process. For organizations dependent on legacy infrastructure and siloed data, it’s no longer a “nice to have” – it’s a fundamental necessity. But who really owns enterprise integration management? Who are the key integration stakeholders?
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