Check this out, the leaders of some of the biggest companies in the world are talking about their biggest business challenges lately. What they all want is to future-proof their operations so they can adapt and bounce back faster when stuff goes sideways.
It makes sense, right? In today’s world, the uncertainty of the economy is just part of the deal. Future-proofing is no longer just a luxury, it’s essential. And one way companies are doing this is by getting smarter and more strategic with their IT planning. They’re getting ready for an AI-powered future.
You’ve probably heard the phrase “work smarter, not harder.” Well, the same goes for planning for the unexpected.
Businesses can become more resilient in a bunch of ways. From optimizing production with supply chain planning to using data more effectively and having backup suppliers. Plus, giving the workforce better tools and training to handle whatever’s coming down the pipeline. Of course, having a flexible plan in place to respond to disruptions is always smart, but the real key to resiliency is being able to see problems coming and stopping them in their tracks.
And here’s the thing, the cloud is a game-changer when it comes to all of this. It lets businesses react faster, scale up without big investments in hardware and make it easier for teams to work together to sort out problems. Like, the pandemic in 2020 was a global case study in how the cloud can help businesses adapt to big changes quickly.
And I get to see this every day in my role at work. Like with Nestlé S.A, a company that’s been around for over 150 years. They just selected RISE with SAP to transform in the cloud, which is gonna make them more flexible and resilient. And then there’s Watco, a transportation and logistics company that used SAP Analytics Cloud to streamline their processes and be more prepared for whatever comes their way.
And get this, having ERP systems in the cloud is just the start. When you add AI solutions into the mix, it’s a total game-changer. It’s like businesses become systems of intelligence where speed and agility meet data and insight. And that’s what’s gonna help companies thrive in an uncertain world.
What I’m saying is, businesses that invest in the latest cloud and AI solutions with a trusted partner like SAP are gonna be future-proof in ways we never thought possible. And that’s gonna be the key to thriving no matter what’s going on in the world.
So keep an eye on generative AI for business, because 2024 is gonna be a big year for resiliency planning. And those who make it a part of their business transformation are gonna unlock new revenue streams and opportunities like never before.
So get on board with this cloud and AI stuff, it’s the way of the future. And it’s gonna be what sets successful businesses apart in this uncertain world.