How Can Process Mining Accelerate S/4HANA Transformation?
These days, the goal seems to be faster, better, now. Companies need to comply with these demands in order to remain competitive, and that means maximizing potential and making the right technology decisions.
Digital is Driving Today’s Market Challenges
Digital transformation may seem like the latest tech trend, but its impact is widespread and shows no signs of fading. An IDC Futurescape report indicates that by 2020, 60 percent of businesses will be in the process of implementing fully articulated organization-wide digital platform strategies.
There are several factors feeding the drive to digitize, including:
● Highly specialized business silos that can’t keep pace with the lean, collaborative structure of digital natives.
● Increased scrutiny which has led to more stringent regulatory demands.
● A multigenerational, tech-savvy customer base that is pressuring businesses into ever-increasing speed, accuracy and convenience.
● Legacy systems that are consuming business resources accommodating breakdowns, instituting workarounds and trying to integrate with new technology.