SAP recently conducted a study, support by Oxford Economics, which revealed 84% of 3,000 executives surveyed said digital transformation is critical to their survival over the next five years – BUT only 3% had completed company-wide transformation efforts!
The top 100 companies that have completed their transformation journey report big benefits:
- 85% say they’ve seen increased market share (versus 41% for the rest)
- 80% say their efforts have increased profitability (versus 53% for the rest).
These companies also expect to see more revenue growth over the next two years than the rest of the organisations surveyed.
See some more key facts from the study in the following video:
Help is at hand – there are tools, content and methodologies that can help you succeed in your journey to digital tranformation. Our S/4HANA transition services will help to prepare and plan your tasks, take advantage of accelerators and follow a proven approach to make your implementation or migration project as straightforward as possible. Please click here for more details.
If you’re interested in how Solution Manager can help you transition to S/4HANA, please take a look at our FREE help guide here.