SAP Launches Digital Boardroom
SAP has finally brought to the boardroom what stuff of action and spy movies had been brandishing. That of 3600-view, touch screen and interactive business review capabilities, all in real time, on computer screens.
It is with great pride that Mr. Terrence Yong (MD, SAP Malaysia) launched The SAP Digital Boardroom in Malaysia on 6th September 2016, being only the 2nd country in SEA (after Singapore) to launch.
This means that C-Suite executives (CEOs, CFOs, COOs, CIOs, CSOs and all those decision-makers) will now have a comprehensive, business intelligence capability to “pull the truth” from their organisation’s critical business metrics in order to make data-driven decisions, in one meeting.
Gone are the days of waiting a couple of weeks for presentation papers to be arduously prepared by its management team. And then make “business risks and opportunities” decisions based on isolated, static numbers…. which by the time the board meets, may be outdated. And then, wait again to see outcomes.
“Now, executives are able to receive instant, data-driven insights that address ad hoc questions and simulate the impact of potential decisions to financials and operations,” Terence emphasized.
The engine that powers it
Built on the SAP BusinessObjects Cloud solution, SAP Digital Boardroom is expected to pull ‘line-of-business data’ from the SAP S/4HANA suite and SAP HANA Cloud Platform. Content from different business areas (e.g. Finance, Marketing, HR) can be aligned on a single semantic model within the SAP BusinessObjects Cloud. In addition, other data sources can be utilized too through either Smart Data Integration or HANA Cloud Integration.
SAP coined its Digital Boardroom a “breakthrough” digital innovation that contextualizes and gives meaning to existing analytics solutions, delivered on-premise and in the cloud.
Changing ‘rules of engagement’
It is indeed a moment of truth. Transparency “from top floor to shop floor” forces uncomfortable but brave and decisive decision-making. No more playing for time, no more blame-pushing, no more responsibility shirking. Executives must power up and use this Software-as-a-Service (SaaS) tool to forge ahead in a fickle, fast-moving digital economy, to understand the past, predict the future and … Win.
Globally, SAP has amassed seven customers todate for its Digital Boardroom, namely, Acea, Calik, Coop Mineraloel, Eastman Chemicals, Mahindra and Mahindra, Merck (Chemicals) and Under Armour. These companies must certainly have exacting standards to play the gold-bearer for SAP’s latest enterprise-centric innovation.