The Intelligent Enterprise powered by SAP HANA

The SAP HANA business data platform is unrivaled, combining a robust database with services for creating innovative applications. It enables real-time business by converging transactions and analytics on one in-memory platform. Running on premise or in the cloud, SAP HANA untangles IT complexity, bringing huge savings in data management and empowering decision-makers everywhere with new insight and predictive power.

Accelerate with Simplicity
An intelligent enterprise requires a business-ready data platform that helps you find the signal in the noise and unleash your data’s potential for better business outcomes. The SAP HANA business data platform provides the next-generation data management foundation for all of the industry-leading SAP® solutions. It also enables development of cutting-edge applications to deliver intelligent solutions for the enterprise quickly.

SAP HANA is one of the first data management platforms to handle both transactions and analytics in-memory on a single data set. It converges a future-proof database with advanced analytical processing and capabilities for application development, data integration, and data quality. Embedded in a robust, state-of-the-art security framework, it supports compliance with the latest security standards and data protection regulations. You gain a single secure environment for all your mission-critical data assets. You can manage large volumes of structured and unstructured data efficiently, leveraging the value of your business data while improving total cost of ownership (TCO).

Reimagine the Database
SAP HANA is built on an in-memory columnar store that is optimized for both transactional and analytical workloads, enabling the benefits of multicore processing, modern storage technology, and the single-instruction, multiple-data instruction set. It’s fully compliant with requirements for the atomicity, consistency, isolation, and durability (ACID) standards.

Intuitive modeling tools and preconfigured function libraries let you run complex business logic directly inside the database. That means you avoid latencies from moving data between the database and application server tiers.

Multitenant databases can be managed as one while maintaining their isolation from one another. The data tiering capabilities of SAP HANA, such as extension nodes, allow you to maximize your value by balancing performance and cost of data storage. This enables administrators to control which data is kept in-memory and which is kept in alternative persistent data storage. At the same time, the multistore tables in SAP HANA mean that where and how data is stored is completely transparent to consuming applications.

Act with Live Intelligence
SAP HANA provides next-generation hybrid transactional and analytical processing (HTAP) with the broadest advanced analytics capabilities to help business leaders understand information in context and achieve situational awareness to act in the moment. This includes native high-performance predictive and machine learning algorithms and integration with TensorFlow and R to reveal meaningful patterns in data and build applications that can learn and automate manual business processes. Text analysis and search capabilities help extract real insights from unstructured textual data in many different languages. Administrative boundary content, advanced services such as geocoding, and spatial services available in the cloud help accelerate development of location-aware business applications.

SAP HANA can store and query streaming data from sensors, plant equipment, and Internet of Things devices; time-series data such as price fluctuations and information on machine efficiency; and highly interconnected graph data. It also provides a JSON document store. These powerful capabilities can be leveraged with standard SQL, enabling data to be combined from standard relational databases, spatial and graph data, and data stored in a JSON document. A wealth of new possibilities helps you reimagine business models.


Innovate with Confidence
To achieve business insight in real time, SAP HANA helps you innovate with confidence. You can analyze sensitive data while effectively aligning with compliance requirements with real-time data anonymization. State-of-the-art techniques such as k-anonymity and differential privacy render personal data disconnected from an individual. This empowers business users and data scientists to “know without seeing” and explore new business opportunities for data as a service.

SAP HANA connects with existing applications using open standards and offers a choice of ways to build applications that are Web based or based on microservices. SAP Web IDE for SAP HANA offers a comprehensive lightweight tool set for data modeling and application development. Complex security authorizations can be easily shared between native applications and extensions running on SAP HANA and SAP business applications.

Read the full blog post on www.approyo.com 

Mirror Review Recognizes Approyo as one of The 10 Most Agile SAP Solution Providers To Keep An Eye On In 2019

Mirror Review has listed Approyo among the top SAP solution providers in its latest magazine, “The 10 Most Agile SAP Solution Providers To Keep An Eye On In 2019”

The magazine has recently published its special issue, in which it has featured the most prominent companies that empower their clients with the most advanced SAP solutions and tools for enterprise operations.

Today, SAP is leading the world with industry expertise in providing high grade enterprise solutions. It is the unique characteristic of SAP that enable a strong digital core and an easy-to-use system that supports innovations planned by companies. Tools provided by SAP are helping businesses transform themselves and take themselves towards success, without jeopardizing the daily business operations.

In its published story, Chris Carter, the CEO and Founder of Approyo shares his journey from starting Approyo to leading it to a successful SAP solutions provider company. Currently, in the leadership of Chris, SAP solutions by Approyo help businesses to unlock the full potential of SAP technologies. Mayur Shewale, Assistant Editor of Mirror Review shares, “SAP HANA and SAP Cloud Platform are useful to build intelligent applications and analytics solutions across various industries which greatly assist in streamlining business processes. However, the emergence of challenges like technological differences, integration difficulties is an essential part of their implementation. Such challenges are the prime motive behind the need for quality SAP solutions providers who can integrate SAP with leading systems like CRMs, Supplier, or third-party purchase order systems. Chris and his team at Approyo have recognized these challenges and are helping customers to develop a fully operational SAP HANA solution in the cloud to gratify the needs of their customers.”

“We are excited to be part of this great list of companies" said Christopher Carter, CEO of Approyo. "This achievement continues to validate our success in the SAP and Cloud marketplace.”

View the full profile: https://www.mirrorreview.com/approyo-moving-sap-applications-to-the-cloud/

The 10 Best Performing SAP Solution Providers list: https://www.mirrorreview.com/the-10-most-agile-sap-solution-providers-to-keep-an-eye-on-in-2019/

About Mirror Review
Mirror Review is a magazine company that unwinds the untold stories of Enterprises and their Founders, VPs, CEOs, CXOs, etc., while focusing on the unique services offered by them. As this is a platform for technologists and business people, the company keeps its audience informed with all current affairs in the market. The magazine company focuses on technology sectors such as Big Data, Cloud, IoT, Mobility, Networking, Security, Software, and Virtualization, and has issued numerous successful projects.

Unlocking the Benefits of the Internet of Things (IoT)

The Internet of Things is a network of physical objects – vehicles, machines, home appliances, and more – that use sensors and APIs to connect and exchange data over the Internet.

IoT platforms and architecture

• Cloud-based IoT platforms and architecture connect the real and virtual worlds. They help companies manage IoT device connectivity and security – as well as collect device data, link devices to backend systems, ensure IoT interoperability, and build and run IoT applications. 
• Harnessing the IoT data explosion - Smart devices generate a massive amount of IoT data that needs to be analyzed and leveraged in real time. This is where predictive and Big Data analytics come into play. Machine learning is also used to add context to data – and trigger actions without human intervention.
• The Industrial Internet of Things (IIoT) & M2M - In manufacturing, the IoT becomes the Industrial Internet of Things (IIoT) – also known as the Industrial Internet or Industry 4.0. The IIoT uses machine to machine (M2M) technology to support everything from remote monitoring and telemetry to predictive maintenance.

Major Benefits of deploying an IoT Strategy

• New business models and revenue - Automatic product replenishment? Subscription services? Apps? The IoT is disrupting traditional business models and creating massive opportunities for companies to create new services based on real-time sensor data and information.
• Operational efficiency - One of the biggest benefits of the IoT is the efficiency it can offer. Many companies are using it to automate business and manufacturing processes, remotely monitor and control operations, optimize supply chains, and conserve resources.
• Workforce productivity - Wearables and other IoT-enabled devices are boosting workforce productivity and job satisfaction in many verticals. The technology is helping employees improve decision making, automate routine tasks, fast-track communication, and more.
• Enhanced customer experiences - From integrating customer care with actual product performance and usage to delivering highly personalized products and services, the IoT offers many ways to create more compelling customer experiences across digital and physical worlds.

Read the full blog post on www.approyo.com 

Understand your path to SAP S/4HANA (updated)

By 2025, SAP will no longer support SAP ECC 6, the core component of SAP ERP. This means you will need to upgrade your SAP systems. But what are your best upgrade options?

There are three basic SAP cloud migration paths. Companies that want to start off slowly can undergo a traditional SAP cloud migration, moving their assets into the cloud without moving to SAP HANA at all. This allows you to show ROI quickly from running in the cloud while minimizing initial disruption and lets you wait for the major SAP HANA and S/4HANA upgrade for a later date.

Another option is migrating to Suite on HANA — with SAP ECC 6.0 Enhancement Pack 7 running on a HANA database. This gives you all the incremental benefits of HANA, such as faster performance and compatibility with newer applications and will get you close to a full S/4HANA landscape.

However, most companies will benefit from moving directly to S/4HANA. In most cases, a complete upgrade and migration will be less disruptive and less costly than several smaller upgrades and the new functionality will provide a major competitive advantage right away.

Deployment options for SAP S/4HANA

• Cloud - Public Cloud - SAP offers a pure Public Cloud option—Software-as-as-Service (SaaS)—such as SAP Cloud, Google Cloud Platform, AWS, or Azure, to name a few, which hosts and manages the entire HANA infrastructure, including the quarterly upgrades. This option can also be managed through the public cloud provider, internally or by an SAP partner like Approyo. 
• Cloud - Private Cloud - Under a private cloud setup, the HANA infrastructure operates on a private cloud exclusive for the use of an organization. This scenario can be managed internally or by a third-party and can be hosted internally or externally. It works best for companies looking for on-demand scalability, complete management control, and security prioritization for their IT assets while combining both on-premise and cloud solutions. 
• Hybrid Cloud - The Hybrid Cloud option involves using a cloud provider as either IaaS (Infrastructure-as-a-Service) or PaaS (Platform-as-a-Service).  With either option, the organization must manage a portion of their on-premise assets and associated services while the rest of the portions are managed by the Cloud service provider.
• On-premise - On-premise deployment is hosting SAP S/4HANA in your own data center, which isn’t mandated by SAP’s upgrade cycle. Under this scenario, the HANA appliances are hosted on partners/customers’ existing data centers. 

Read the full blog post on www.approyo.com 

SAP Announces new SAP Leonardo Internet of Things (IoT) capabilities

SAP unveiled SAP Leonardo Internet of Things (IoT) capabilities, the all-encompassing technology that generates and drives digital transformation for Industrial IoT and Industry 4.0.

In addition, SAP announced the cloud-to-cloud interoperability of SAP Leonardo IoT with Microsoft Azure IoT Hub, providing customers a choice of connectivity and device management. SAP is committed to a strong ecosystem for IoT and understands the value its partners can bring to joint customers. This announcement was made at MWC being held February 25–28 in Barcelona. Below are some of the highlights from the announcement:

SAP is uniquely positioned to bring IoT data together with business processes. SAP Leonardo IoT will help customers increase productivity, redefine their customer experience and grow their revenue streams. It will enable customers to embed IoT into line-of-business (LoB) solutions, enhance business applications with IoT technology and develop new business models based on the new data the IoT solutions generate.

“SAP delivers valuable insight and drives business results by embedding IoT data into business processes,” said Elvira Wallis, senior vice president and global head of IoT at SAP. “With the launch of SAP Leonardo IoT, SAP solidifies its commitment to the IoT, and in particular Industrial IoT. The combination of IoT and our depth and breadth of high-value industry and application expertise helps customers gain greater business value and a stronger competitive advantage.”

SAP Leonardo IoT will allow customers to innovate and enhance business processes using data-driven intelligence and operational context from machines, products, supply chains, consumers and partners. SAP Leonardo IoT will offer three paths to innovation for customers based on their specific business needs, including:

• Combining IoT data with business process data to enable IoT-embedded business applications and accelerate adoption to give customers the ability to innovate quickly from within business applications – including SAP S/4HANA, the SAP C/4HANA suite, SAP SuccessFactors solutions, SAP Ariba solutions and the SAP Digital Supply Chain portfolio.
• Extending existing SAP IoT applications for better business value
• Building new intelligent IoT solutions using SAP Leonardo IoT to create unique and differentiated offerings

Interoperability of SAP Leonardo IoT and Microsoft Azure IoT Hub
The new collaboration plans to offer customers the possibility of using Microsoft Azure IoT Hub as the connectivity and device management layer for IoT telemetry data, which is seamlessly relayed to SAP Leonardo IoT.

In addition, SAP Leonardo IoT Edge aims to give customers the option to extend support for their business processes locally on top of Microsoft Azure IoT Edge runtime. Essential business function (EBF) modules based on SAP Leonardo IoT Edge are also planned to run in containers on Microsoft Azure IoT Edge, reducing customers dependency on latency, bandwidth and connectivity.

Read the full announcement on www.sap.comhttps://news.sap.com/2019/02/mwc-sap-leonardo-iot-shape-intelligent-enterprise/

Approyo CEO Chris Carter featured in Authority Magazine

Approyo CEO Chris Carter was featured as part of an ongoing series with Authority Magazine on February 27. In this interview with Dr. Ely Weinschneider, Chris shares how he manages to be there for his daughters while running a successful company.

Here is an excerpt from the interview:

"With almost three decades of extraordinary working experience in the SAP industry, Christopher Carter, CEO at Approyo founded the company with the goal of making it easy for customers to embrace SAP HANA. Chris works with businesses around the globe and is known to assist them in their journey to the usage of Big Data in the forms of Hadoop (Cloudera and Hortonwork’s) and SAP HANA. His experience has earned him national recognition by the American SAP Users Group, SAP, Hadoop World, Cloud Expo and more.

Under Chris’s leadership, Approyo has been named to the Inc. 5000 three years in a row (2016–2018) and named one the SAP Solution Provider of the Year in 2018 by ACQ5. In 2018, Chris was awarded the Gamechanger of the year by ACQ5, one of the 10 Most Inspiring Business Leaders by Mirror Review and one of the Rising Entrepreneurs of the Year by The Technology Headlines.

Thank you so much for joining us! Can you tell us your “childhood backstory”?
Absolutely I grew up as the oldest son of 4 boys. I was the first to leave for college. My parents were divorced, and I grew up between my mother and my father’s homes. When I left for college, I wanted to go somewhere warm and as far away from my parents as possible. I joke about that now, but at the time it really seemed fitting because I wanted to leave to become a technologist or baseball player.

Can you share the story about what brought you to this specific point in your career?
What brought me to this point in my life was a lot of life experiences. A ton of trial and error. And many times, not trusting others and doing it myself. It took a long time for me to be able to understand the fact that I could trust others which would help grow myself and my business."

Can you tell us a bit more about what your day to day schedule looks like?
Typically, my day starts at 5 a.m. The first thing I do is listen to the news while I’m getting ready. I try to be out the door by 5:30 a.m. because my local radio station plays The Star-Spangled Banner at that time. I can continue to listen to the local news and any national activities going on once I get to the office. I usually have some good time to myself to get ready for my day, go through my notes that I left for myself from the evening prior, and answer any emails that have come in overnight. From that point, I continue my day with a lot of activities with customers and prospects. I meet with my team in the office and staff across the globe with phone call meetings.

Read the full interview at https://medium.com/authority-magazine/to-be-a-great-parent-you-must-be-able-to-enjoy-life-to-the-fullest-with-those-around-you-and-the-45cb5cbc1b96

About Authority Magazine
Leadership Lessons from Authorities in Business, Film, Sports, and Tech. Authority Mag is devoted primarily to sharing interesting feature interviews of people who are authorities in their industry. We use interviews to draw out stories that are both empowering and actionable.

Top benefits of implementing Machine Learning right now

Machine learning is a type of AI that allows computer programs to adjust when exposed to new data, in effect, “learning” without being explicitly programmed. Machine learning is similar to data mining in which databases are examined by humans to produce new information and insight. However, machine learning provides an unbiased analysis of the data. Today, companies all over the world are implementing machine learning in every level of business. Don't wait for your competition to pass you, get a jump start at implementing machine learning for your business right now with SAP powered by Approyo.

• Faster decisions - Machine learning algorithms can prioritize and automate decision making. They can also flag opportunities and smart actions that should be taken immediately – so you can achieve the best results.
• Adaptability - Artificial intelligence doesn’t just look at historical data. It can process real-time inputs – so you can adjust on the fly. Think of cars that can automatically stop before rear-ending another vehicle.
• Algorithmic business - An “algorithmic business” uses advanced machine learning algorithms to achieve a high level of automation. Making the shift can pave the way for innovative new business models, products, and services.
• Deeper insights - Machine learning can analyze big, complex, and streaming data, and find insights – including predictive insights – that are beyond human capabilities. It can then trigger actions based on those insights.
• Efficiency - With smart, machine learning-supported business processes, you can dramatically improve efficiency. Plan and forecast accurately, automate tasks, reduce costs, and even eliminate human error.
• Better outcomes - From triggering smart actions based on new opportunities and risks, to accurately predicting the results of a decision before it is made – machine learning can help you drive better business outcomes.

Industry Benefits for implementing Machine Learning

• Manufacturing  -Manufacturers collect a huge amount of data from plant sensors and the Internet of Things – which is perfect for machine learning. Computer vision and anomaly detection algorithms are used for quality control – and others are used
• for everything from predictive maintenance and demand forecasting to powering new services. 
• Finance - Few industries are better suited for machine learning than finance – given its high data volumes and historical records. Algorithms are used for trading stocks, approving loans, detecting fraud, assessing risks, and underwriting insurance. They’re even used for “robo advising” customers and aligning portfolios to user goals. 
• Healthcare - Machine learning algorithms can process more data and spot more patterns than any team of researchers or doctors, no matter how many hours they put in. From medical image analysis and early cancer detection, to drug development and robot-assisted surgery – the machine learning possibilities in healthcare are endless. 

Read the full blog post on www.approyo.com

9.5 reasons to upgrade to SAP S/4HANA today

SAP S/4HANA is the digital core – the nerve center – of your entire business. It consolidates internal and external elements into a single, living structure that goes beyond traditional ERP software. In other words, it connects all your processes, provides you with live information and insights, and seamlessly integrates your enterprise with the digital world at large.

SAP S/4HANA 1809
SAP S/4HANA 1809, released in late 2018, significantly increases the possibilities for digital transformation across all lines of business. Imagine giving voice commands to your SAP ERP system and obtaining instant analytics. Or automating a large portion of your business processes, freeing employees for value-added activities. The streamlined architecture of the 1809 release is also scalable, enabling you to drive growth and profitability.

Enter the Intelligent Enterprise
Intelligent enterprises effectively use their data assets to achieve their desired outcomes faster – and with less risk. SAP is committed to helping every customer become a smart, best-run  business and make the world run better. SAP S/4HANA 1809 is the core to the intelligent Enterprise.

Intelligent Technologies will help SAP Applications differentiate while at the same time natively comprehending the context of the business application. This includes higher-order intelligence with many scenarios oriented along business outcomes and relevant to lines of business, feedback mechanisms leveraging IoT and business networks as data sources for training feedback, as well as actionable insights in order to derive connecting insights to strategic decisions via a consistent User Experience (UX).

9.5 reasons to upgrade to SAP S/4HANA right now:

1. Improve order fulfillment
2. Increase customer satisfaction
3. Reduce manufacturing error rates
4. Reduce procurement costs
5. Respond to market fluctuations faster than ever
6. Streamline your supply chain
7. Improve your manufacturing cycle time
8. Streamline your supply chain
9. Reduce unplanned downtime
9.5 The Intelligent Enterprise

Download the Whitepaper: 9.5 reasons to upgrade to SAP S/4HANA right now

SAP Releases Q4 and 2018 Results

SAP Announces Preliminary Fourth Quarter and Full Year 2018 Results on www.sap.com. The results continue to show growth for SAP HANA and SAP S/4HANA. This growth mirrors Approyo's growth and accolades throughout 2019 and align with our vision as the premier SAP Platform as a service partner.

SAP Hits or Exceeds All Raised Outlook Metrics - Targets More Than 3x Cloud Revenue by 2023

• Cloud Subscription and Support Revenue Up 32% (IFRS) and Up 38% (Non-IFRS at Constant Currencies)  in FY 2018 
• Cloud Backlog Increased 30%, Exceeding €10 Billion at Year-End  
• Cloud and Software Revenue Up 5% (IFRS) and Up 10% (Non-IFRS at Constant Currencies) in FY 2018
• Cloud and Software Order Entry Exceeds €10 Billion, Up 14% at Constant Currencies in FY 2018
• Operating Profit Up 17% (IFRS) and Up 10% (Non-IFRS at Constant Currencies) in FY 2018  
• Guiding for Up to 39% Non-IFRS Cloud Subscription and Support Revenue Growth and Up to 10% Non-IFRS Cloud and Software Revenue Growth in 2019 at Constant Currencies  
• Guiding for Up to 11.5% Non-IFRS Operating Profit Growth in 2019 at Constant Currencies – Faster Than  Total Revenue Growth
• Targeting More Than €35 Billion in Total Revenue by 2023 

Full Year 2018 Highlights:
Even after multiple guidance raises during the year SAP met or exceeded all of its 2018 outlook metrics.

For the full year new cloud bookings were €1.81 billion, up 25% (up 28% at constant currencies). Cloud subscriptions and support backlog increased 30%, reaching €10 billion at year-end. Cloud subscriptions and support revenue was €4.99 billion (IFRS) or €5.21 billion (non-IFRS at constant currencies), achieving the full year outlook (€5.15 to €5.25 billion non-IFRS at constant currencies). Software revenue decreased 5 % year over year to €4.65 billion (IFRS), flat year over year (non-IFRS at constant currencies). New cloud and software license order entry exceeded €10 billion and grew by 14% at constant currencies year over year in the full year. Cloud and software revenue was €20.62 billion (IFRS) or €21.58 billion (non-IFRS at constant currencies), exceeding the full year outlook (€21.15 to €21.35 billion non-IFRS at constant currencies). Total revenue was €24.71 billion (IFRS) or €25.96 billion (non-IFRS at constant currencies), exceeding the full year outlook (€25.20 to €25.50 billion non-IFRS at constant currencies).

SAP’s rapidly expanding cloud business together with solid growth in support revenue continued to drive the share of more predictable revenue. The total of non-IFRS cloud subscriptions & support revenue and non-IFRS software support revenue was 65% of non-IFRS total revenue for the full year 2018, up 2 percentage points.

For the full year, operating profit was €5.71 billion (IFRS) or €7.48 billion (non-IFRS at constant currencies), achieving the full year outlook (€7.425 to €7.525 billion non-IFRS at constant currencies). Earnings per share increased 2% to €3.42 (IFRS) and decreased 2% to €4.35 (non-IFRS).

Operating cash flow for the full year was €4.30 billion, a decrease of 15% year over year. Free cash flow decreased 25% year over year to €2.84 billion. At year end, net liquidity was –€2.49 billion.

Fourth Quarter 2018 highlights
In the fourth quarter, new cloud bookings were €736 million, up 25% (23% at constant currencies). Cloud subscriptions and support revenue grew 41% year over year to €1.41 billion (IFRS), up 40% (non-IFRS at constant currencies). Software revenue grew 1% year over year to €2.09 billion (IFRS), up 8% (non-IFRS at constant currencies). New cloud and software license order entry grew 18% at constant currencies year over year. Cloud and software revenue grew 9% year over year to €6.32 billion (IFRS), up 11% (non-IFRS at constant currencies). Total revenue grew 9% year over year to €7.43 billion (IFRS), up 13% (non-IFRS at constant currencies).

In the fourth quarter operating profit increased by 22% year over year to €2.40 billion (IFRS), up 8% (non-IFRS at constant currencies). Earnings per share decreased 8% to €1.41 (IFRS) and decreased 15% to €1.51 (non-IFRS).

SAP S/4HANA
SAP S/4HANA is at the core of the Intelligent Enterprise. With S/4HANA, customers automate more and more of their business processes enabling employees to focus on higher-value tasks. It detects patterns, predicts outcomes and suggests actions empowering companies across all industries to reinvent their business models for the digital economy.

S/4HANA adoption grew to approximately 10,500 customers, up 33% year over year. In the fourth quarter, more than 40% of the additional S/4HANA customers were net new.

Business Outlook 2019 
Reflecting SAP’s strong cloud and overall business momentum as well as the Qualtrics acquisition with a January 23rd, 2019 closing date, the Company is providing the following 2019 outlook:

• Non-IFRS cloud subscriptions and support revenue is expected to be in a range of €6.7 − €7.0 billion at constant currencies (2018: €5.03 billion), up 33% – 39% at constant currencies.  
• Non-IFRS cloud and software revenue is expected to be in a range of €22.4 – €22.7 billion at constant currencies (2018: €20.66 billion), up 8.5% – 10% at constant currencies.  
• Non-IFRS operating profit is expected to be in a range of €7.7 – €8.0 billion at constant currencies (2018: €7.16 billion), up 7.5% – 11.5% at constant currencies.  
• In addition, SAP expects total revenues to increase strongly, at a rate slightly lower than operating profit.
• The comparative numbers for 2018 do not include Qualtrics. Callidus revenue and profits are included in the comparative numbers from the April 5th, 2018 acquisition close date. 
• While SAP’s full-year 2019 business outlook is at constant currencies, actual currency reported figures are expected to be impacted by currency exchange rate fluctuations as the Company progresses through the year. 

Read the full results: https://www.sap.com/docs/download/investors/2018/sap-2018-q4-statement.pdf

Cloud Computing 101: Digital Twins

Digital Twins is a concept that has been around for decades, but has recently become a hot topic in the technology world. It is most popular in the Healthcare, Automotive and Manufacturing industry and the growth of IoT is one of the reasons that the digital twin concept is becoming a reality for some many businesses. A digital twin is a virtual representation of a physical object or system – but it is much more than a high-tech lookalike. Digital twins use data, machine learning, and the Internet of Things (IoT) to help companies optimize, innovate, and deliver new services.

At its simplest, a digital twin is a virtual replica of a physical product, process, or system. Digital twins act as a bridge between physical and digital worlds by using sensors to collect real-time data about a physical item. This data is then used to create a digital duplicate of the item, allowing it to be understood, analyzed, manipulated, or optimized. Other terms used to describe digital twin technology over the years have included virtual prototyping, hybrid twin technology, virtual twin, and digital asset management.

SAP and Digital Twins

The network of digital twins institutes a real-time single source of truth – everywhere. It creates real-time, secure communications and a collaborative environment within the business while encompassing relevant external networks. The network includes not only the digital representation of the physical product or asset, but also the commercialization aspects represented by the ERP business system of record.

According to SAP, Digital Twins must have the following characteristics:

• Identity – a digital twin represents a single, unique physical asset; though we would prefer a 1-to-1 cardinality between asset and twin, business outcome considerations may imply a 1-to-N cardinality, each describing a different dimension; the digital twin can be instantiated at the creation (e.g. engineering, production, configuration, installation) and lasts until the asset is retired (or beyond if historic data is required)
• Representation – capturing the essential physical manifestation of the real asset in a digital format, typically using formats such as CAD, MES, or engineering models with corresponding metadata and classifications; traceability between digital twin and physical object is ensured through serialization
• State and events – reflecting real asset state (e.g. condition, location, speed, environment) in (near) real time providing information on properties that describe various aspects that the digital twin is built for; the digital twin triggers alerts and events on behalf of the object; historic state is typically recorded
• Context – describing operating context such as physical installation, ownership, reference to financial or asset management information, roles and business partner involved, service level agreements, service work performed on the asset
• Interaction – all properties above must be securely and digitally queried in a software system by other systems (via APIs) or users 

Because it manages and controls extensive variability in product and asset configurations, the digital twin of one becomes the true single source of truth. It bonds the  unique digital design of every product or asset to its  physical representation throughout the lifecycle. Companies can then address product individualization; accelerate time to market; provide a mechanism for the delivery of new business models; and ensure effective, timely performance of asset maintenance and repair. Furthermore, the network of digital twins that monitors distributed assets enables collaboration with partners  when managing assets as a service or engages suppliers  when defining part and assembly requirements and enhancing change management.

The approach combines digital twins with manufacturing solutions from SAP, cloud networks  and SAP Leonardo capabilities, including machine learning, blockchain and Internet of Things (IoT), to optimize the product lifecycle with:

• Digital representation: SAP synchronizes digital twin business data, product information, asset master data and IoT-connected data from both on-premise and cloud solutions enabling companies to represent the world digitally. Solutions including SAP Predictive Engineering Insights, SAP Predictive Maintenance and Service and the SAP 3D Visual Enterprise applications provide access to  rich data processing capabilities and live configuration, state, condition and control information.
• Business process: Rich enterprise-grade data processing capabilities allow customers to create, access and update digital twins to support business processes. SAP solutions provide an integrated data model from design, production and maintenance to service, including packaged integration to existing systems for computer-aided design, ERP, and product lifecycle management. Offerings providing end-to-end process support for manufacturers and operators include SAP S/4HANA, the SAP Engineering Control Center integration tool, SAP Hybris Service Cloud solutions, and  the SAP Manufacturing Integration and Intelligence and  SAP Manufacturing Execution applications.
• Business networks: With leading network offerings such as SAP Ariba solutions, SAP Asset Intelligence Network, and the SAP Distributed Manufacturing application, SAP is uniquely positioned to provide a virtual platform for collaboration on products and assets. The network of digital twins enables secure data access, sharing and governance on a global scale.
• Networks of digital representation: SAP enables  twin-to-twin connections in systems within a specific  asset and on an asset-to-asset level. SAP solutions such  as SAP Asset Intelligence Network provide semantic and industry-standards support in an asset core modeling environment to enable live enrichment during the product or asset lifecycle.

View the blog post on www.approyo.com

Innovations and Intelligence in the new SAP S/4HANA 1809

SAP S/4HANA is an intelligent ERP solution that enables companies to capture every opportunity in today’s digital world, SAP S/4HANA removes common obstacles associated with legacy ERP applications, such as batch latency, complex landscapes, and manually-driven processes. The latest release, SAP S/4HANA 1809 provides new innovations in a number of key industries.

In the area of Procurement, we’re delivering s number of Machine Learning capabilities with SAP S/4HANA 1809, for example:

• Increased invoice automation and efficient invoice monitoring for exception handling
• Reduction of free-text items by automatically proposing the creation of a new catalog item
• Proposal of material group for free-text items in purchase requisitions
• Provision of options for materials without source of supply

Quotation Conversion Rates is an innovation in Sales and Distribution which truly delivers on the promise of an intelligent ERP. As an internal sales representative or a sales manager, you can use Quotation Conversion Rates to track to what extent your quotations are being converted into sales orders before expiring. By leveraging machine learning capabilities, you can gain predictive insights into quotation conversion by comparing actual and predicted results. The Quotation Conversion Probability (also known as Order Probability) is the probability that a quotation item will be converted into a sales order item. The probability, expressed as a percentage, and net value of the quotation is used in order to calculate a total expected order value.

In Manufacturing we’re introducing Demand-driven replenishment. With the demand-driven buffer level management, you can plan and manage supply chains much more efficiently. Providing decoupling points with strategic stock positions, manufacturers can avoid the so-called “Bull-Whip-Effect”, where the variations in demand increases as you move further up the supply chain from customer to supplier.

Moreover, in inventory management, we included intelligence by leveraging predictive analytics and machine learning for decision support.

Finance as well has quite a few intelligent innovations in store for you, for example predictive accounting. When a sales order is confirmed in the system, this is not recorded in accounting until goods have been delivered and the invoice has been sent. With the predictive accounting functionality, based on the sales order, a predictive goods issue and a predictive invoice is registered.

• Group reporting – The need to deliver accurate, up-to-date financial information continuously in a company’s consolidation process is not limited to the level of an individual entity. Therefore, SAP has introduced the SAP S/4HANA Finance for Group Reporting solution which provides direct access to the underlying transactions and detail across the entire enterprise so that a company can confidently and efficiently consolidate their financial and managerial results required in their closing cycles. It enables organizations to extend this evolution towards a continuous financial close on group level. It provides unprecedented transparency by delivering a complete flow of collection, processing, analysis and publication of the information.
• Embedded analytics – Most finance professionals will agree that it is often cumbersome to get interesting information out of their ERP system. Additional capabilities have been added to support business users in getting insights more flexibly and efficiently, so they can concentrate on acting on the information, rather than investing time in number crunching.
• Tax service – Global tax regulations get more diverse, complicated and change more often than ever before. Keeping up with the pace of change, typically in multiple systems, is a challenge. SAP’s response is a central tax determination engine with rules and rates maintained by SAP or its partners. With the SAP S/4HANA 1809 release, emphasis has been placed on enabling self-service tax management, facilitating an organizations chosen approach to reduce the risks and costs of inaccurate calculations and liability from non-compliance.

Start your path to the Intelligent Enterprise with Approyo
Approyo provides full SAP service technology with extensive capabilities in consulting, solutions architecture, hosting and managed services, in order to develop the right solution for our customers. Check out our new Whitepaper, What's new in SAP S/4HANA 1809 and get started today...

Create Business Opportunities with Machine Learning

Machine learning technology teaches computers how to perform tasks by learning from data – instead of being explicitly programmed. Machine learning uses sophisticated algorithms to “learn” from massive volumes of Big Data. The more data the algorithms can access, the more they can learn.

Benefits of Machine Learning:

• Faster decisions - Machine learning algorithms can prioritize and automate decision making. They can also flag opportunities and smart actions that should be taken immediately – so you can achieve the best results.
• Adaptability - Artificial intelligence doesn’t just look at historical data. It can process real-time inputs – so you can adjust on the fly. Think of cars that can automatically stop before rear-ending another vehicle.
• Algorithmic business - An “algorithmic business” uses advanced machine learning algorithms to achieve a high level of automation. Making the shift can pave the way for innovative new business models, products, and services.
• Deeper insights - Machine learning can analyze big, complex, and streaming data, and find insights – including predictive insights – that are beyond human capabilities. It can then trigger actions based on those insights.
• Efficiency - With smart, machine learning-supported business processes, you can dramatically improve efficiency. Plan and forecast accurately, automate tasks, reduce costs, and even eliminate human error.
• Better outcomes - From triggering smart actions based on new opportunities and risks, to accurately predicting the results of a decision before it is made – machine learning can help you drive better business outcomes

Empower Your Digital Core with Machine Learning Powered by SAP and Approyo

• SAP Predictive Maintenance and Service - Optimize the entire maintenance program with real-time insights into current and future asset conditions.
• Remittance Advice Extractor - Extract payment information from unstructured documents.
• SAP Cash Application - Next-generation intelligent invoice matching powered by machine learning.
• Predictive Analytics for Contract Consumption - Proactively renew contracts by predicting their expiration and consumption.
• Predictive Analytics for Stock in Transit - Predict shipment dates and manage stock in transit.

Read the full blog post on www.approyo.com

What's new in SAP S/4HANA 1809

SAP S/4HANA® is a real-time enterprise resource management suite for digital business. It is built on advanced in-memory platform, SAP HANA, and offers personalized, consumer-grade user experience with SAP Fiori. Deployable in the cloud or on premise, SAP S/4HANA can drive instant value across all lines of business – no matter your industry or business size.

SAP S/4HANA is the digital core – the nerve center – of your entire business. It consolidates internal and external elements into a single, living structure that goes beyond traditional ERP software. In other words, it connects all of your processes, provides you with live information and insights, and seamlessly integrates your enterprise with the digital world at large.

The Intelligent Enterprise
Intelligent enterprises effectively use their data assets to achieve their desired outcomes faster – and with less risk. SAP is committed to helping every customer become a smart, best-run business and make the world run better.

Intelligent Technologies will help SAP Applications differentiate while at the same time natively comprehending the context of the business application. This includes higher-order intelligence with many scenarios oriented along business outcomes and relevant to lines of business, feedback mechanisms leveraging IoT and business networks as data sources for training feedback, as well as actionable insights in order to derive connecting insights to strategic decisions via a consistent User Experience (UX).

SAP HANA 1809 - The Intelligent ERP
SAP S/4HANA 1809, released in late 2018, significantly increases the possibilities for digital transformation across all lines of business. Imagine giving voice commands to your SAP ERP system and obtaining instant analytics. Or automating a large portion of your business processes, freeing employees for value-added activities. The streamlined architecture of the 1809 release is also scalable, enabling you to drive growth and profitability.

Industry innovations:

• Finance with Goods and Invoice Receipt Reconciliation leveraging machine learning, and the new SAP S/4HANA for Accruals Management, which is designed to support customers along the entire process of accruals
• Central Procurement, a big step in ERP landscape simplification and a functionality that will help you increase transparency across the procurement systems
• R&D innovation with the new Recipe Finder App and portfolio and project management analytics
• Manufacturing and Demand-Driven Replenishment, the game changer that helps you plan and manage supply chains based on customer demand, and not only via the traditional MRP procedures
• Retail and Fashion with new business scenarios including new planning strategies enhanced with segmentation functionality
• Banking, coming this release with and Loans Management / Deposits Management enhancements
• Public Sector, including major architecture simplifications
• Utilities with a new Analysis of meter reading, supported by an extended virtual data model
• Insurance, providing in that 1809 version a new Product configuration for insurance and digital products

Download our new Whitepaper: What's new in SAP S/4HANA today to learn more about the benefits and features of SAP S/HANA 1809.

Approyo named a SB100 Winner in the 2018 Best of Small Business Awards

Approyo was recently named a SB100 winner in the 2018 Best of Small Business Awards. The company ranked No. 62 in the SB100 category, which recognizes the top 100 small-to-mid-sized businesses in the US for their growth & accomplishments in the previous year. The Best of Small Business Awards is a competitive and prestigious award that ranks Approyo as one of the most elite businesses in the country!

“It is honor to be recognized as one of the top small businesses by the Small Business awards” says Chris Carter, CEO of Approyo. “2018 has been a great year of growth for the team at Approyo and this recognition further validities our success in the SAP ecosystem. Thank you to our team, partners and customers.”

See the full list of winners in each category and learn more about the awards here.

About the Small Business Awards
The Best of Small Business Awards ™ is America’s most prestigious honor that recognizes and celebrates the BEST Small to Mid-Sized Business Visionaries.  With over twenty-five notable “Best of Small Business” categories to choose from, The Best of Small Business Awards ™ is the largest Annual Business Recognition Program in the US.

The Best of Small Business Awards ™ is presented by Small Business Expo (celebrating its 10 Year Anniversary with nearly 100 Successful Business Shows Produced), the Nation’s BIGGEST and most attended Business-to-Business Networking Event, Trade Show & Conference, hosted in 17 major US cities.  Small Business Owners and Entrepreneurs attend our nation-wide events to attend cutting-edge business-critical workshops, shop for vendors that can help their business grow & network with thousands of attendees.

Approyo recognized as an Industry Leader in Three Categories of the 2018 ACQ5 Global Awards

Approyo, a leading enterprise SAP HANA Solutions Provider, announced today it has been recognized in three categories of the 2018 ACQ5 2018 Global Awards by ACQ5.

• US - SCALE-UP COMPANY OF THE YEAR (IT SERVICES), APPROYO
• US - SAP SOLUTION PROVIDER OF THE YEAR, APPROYO
• US - GAMECHANGER OF THE YEAR, CHRIS CARTER, APPROYO

The ACQ5 Global Awards honor the leading deal teams, firms and professionals whose activities set the standard for our markets. This year, companies and individuals, representing every major market in the world, became finalists for the awards.

“These awards cap off a great 2018 for Approyo,” says Chris Carter, CEO of Approyo. “I would like to thank our great team, partners and customers who make these awards and recognitions possible. To be recognized in so many categories is a true honor”

“Experts whose intimate knowledge and expertise in the corporate, cultural, financial and legal arenas are redefining our industry,” says Jake Robson, Group Editor of The ACQ5. “The 2018 ACQ5 Global Award winners represent the best of breed in all industry sectors and have earned these honors by standing out in a group of very impressive finalists. We are lucky enough to work with some of the most influential and enterprising private organizations in the world and are proud to share their message with our readers. Relying on reader insight and experience to provide nominations to the panel remains the cornerstone of our program and to identify industry leaders, individuals, teams and organizations that represent the benchmark of achievement and best practice in the business world.”

About the ACQ5 Global Awards:
ACQ Global Awards’ Objective as Always: To gather quantitative and qualitative information from and about the sector to be able to give a set of “Best of” awards. One of the industry's favorite awards events was right to anticipate another record-breaking number of votes! The total number of nominations received stood at an amazing 98,621 our highest ever.

The poll was not only designed to reflect actual performance in any particular area of expertise, it was also aimed to reflect direct market share based on a number of criteria. Voters were encouraged to base their decisions on addressing professionalism: experience, value for money & responsiveness in order for ACQ to derive a numerical rating from 1 – 5. In that sense, this poll should be considered a reflection of how professionals view any practice, individual or related sector supplier in terms of overall quality of service.

About ACQ5:
Serving the finance sector since 2003, we provide our Global audience of over 168,000 subscribers with the information behind the headlines.

ACQ5, the English-language magazine news portal is read exclusively by senior executives holding power and authority at major organizations. Our readership are the people who will select and authorize the purchase of your products and services. The magazine is intended for CEO's & CFO's as well as other corporate finance and private equity executives from all corners of the globe.

View the full announcement on www.approyo.com

Approyo named one of the "Best Entrepreneurial Companies In America" by Entrepreneur Magazine's Entrepreneur360 List

Approyo was recently recognized as one of the “Best Entrepreneurial Companies in America” by Entrepreneur magazine’s Entrepreneur360™ List, a premier study delivering the most comprehensive analysis of private companies in America. Based on this study forged by Entrepreneur, Approyo is recognized as a well-rounded company that has mastered a balance of impact, innovation, growth leadership and value.

“It is honor to be recognized by Entrepreneur magazine,” says Chris Carter, CEO of Approyo. “2018 has been a great year of growth for the team at Approyo and this recognition further validities our success in the SAP ecosystem. Thank you to our team, partners and customers.”

“Our annual evaluation of vetted data offers a 360-degree analysis of top privately-held companies across a multitude of industries,” explains Jason Feifer, editor in chief of Entrepreneur Magazine. “They are deemed successful not only by revenue numbers, but by how well-rounded they are. The companies that make the list have pushed boundaries with their innovative ideas, fostered strong company cultures, impacted their communities for the better, and increased their brand awareness.”

Honorees were identified based on the results from a comprehensive study of independently owned companies, using a proprietary algorithm and other advanced analytics. The algorithm was built on a balanced scorecard designed to measure five metrics reflecting major pillars of entrepreneurship — innovation, growth, leadership, impact and business valuation.

For additional details on the E360 List and the companies recognized, visit: entrepreneur.com/360

ABOUT ENTREPRENEUR MEDIA INC.
For 41 years, Entrepreneur Media Inc. has been serving the entrepreneurial community by providing comprehensive coverage of business and personal success through original content and events. Entrepreneur magazine, Entrepreneur.com, GreenEntrepreneur.com and publishing imprint Entrepreneur Press provide solutions, information, inspiration and education read by millions of entrepreneurs and small business owners worldwide.

View the full announcement on www.approyo.com

Mirror Review names Approyo CEO Chris Carter one of the 10 Most Inspiring Business Leaders of 2018

Mirror Review has recognized Approyo CEO Chris Carter as one of the 10 Most Inspiring Business Leaders of 2018. This recognition is part of the December edition of the Mirror Review Magazine.

The team at Mirror Review has listed Chris Carter, the CEO of Approyo among these inspiring leaders owing to his extraordinary working experience in the SAP and Big Data, as well as his industry, creative mindset, commitments towards driving growth and being a leader.

“I am extremely honored to be named one of the most inspiring leaders by Mirror Review,” said Christopher Carter, CEO of Approyo. “I personally think the entire team at Approyo made this award possible, not just me alone. This achievement continues to validate our success in 2018 and beyond.”

In this story published by Mirror Review, the author has shared the perception of Chris towards business, his secrets towards leading a company towards pinnacle, and his suggestions to the aspiring business leaders. Managing Editor of the magazine, shares, “It takes great courage, futuristic vision, headstrong attitude, and immense amount of patience to successfully lead a company and create a mark in the industry,” shares Anuja Mulmule, Managing Editor of Mirror Review. “Chris is among a very few of the leaders who possess these qualities and among a fewer who leverage these assets.”

The 10 Most Inspiring Business Leaders of 2018 list:
https://www.mirrorreview.com/the-10-most-inspiring-business-leaders-2018/

View the full profile:
https://www.mirrorreview.com/christopher-carter-unlocking-digital-transformation-with-sap-powered-by-approyo/

About Mirror Review
Mirror Review is a magazine company that unwinds the untold stories of Enterprises and their Founders, VPs, CEOs, CXOs, etc., while focusing on the unique services offered by them. As this is a platform for technologists and business people, the company keeps its audience informed with all current affairs in the market. The magazine company focuses on technology sectors such as Big Data, Cloud, IoT, Mobility, Networking, Security, Software, and Virtualization, and has issued numerous successful projects.

2018 year in review: Top SAP News

It's hard to believe by 2019 is almost here. As we head into the final few weeks of 2018, the Approyo team wanted a chance to look back at some of the important moments of the past year. Over the next few weeks, we will publish a series of 2018 year in review blog posts, looking back at the top stories of the year.

Top SAP news of 2018
What's new in SAP HANA 2.0 SPS 03 - March 28, 2018
SAP HANA 2 is the business data platform for the intelligent enterprise. Leveraging state-of-the-art database and data management technology, advanced analytical capabilities and intuitive application development tools in the only all-in-one, in-memory-first data platform – SAP HANA 2 frees up valuable resources and human capital for new and innovative application development to meet your business’s strategic objectives.

SAP HANA 2.0 SPS 03 includes a mix of new and continuous innovations across the themes of database management, data management, analytical intelligence and application development. Read the full blog post...

SAP Acquires Callidus Software Inc. - April 11, 2018
SAP SE (NYSE: SAP) announced that it has completed its acquisition of Callidus Software Inc. (Nasdaq: CALD), a market leader known for its lead to money applications, including sales performance management and configure-price-quote (CPQ).

Here is the official announcement from SAP. These applications, marketed under the brand CallidusCloud, will provide SAP and its customers a differentiated, cloud-based customer relationship management (CRM) solution, putting SAP in a leading position to compete in the US$46 billion CRM market. SAP plans to consolidate CallidusCloud product assets within the SAP Hybris cloud portfolio, which is part of SAP’s Cloud Business Group. Read the full blog post...

SAP Announces SAP C/4HANA - June 5, 2018
Major news from the first morning at the 2018 SAP SAPPHIRE NOW Conference. SAP CEO Bill McDermott announced a new suite of applications, SAP C/4HANA, to help businesses serve and retain customers. SAP also announced the SAP HANA Data Management Suite, the industry’s first comprehensive data management solution that enables companies to turn data sprawl into business value. Read the full blog post...

SAP Announces new SAP HANA Data Management Suite - June 6, 2018
The SAP HANA Data Management Suite is based on the latest versions of the SAP HANA business data platform. It allows for secure, governed enterprise-class applications and analytics by providing an open, hybrid and multicloud-enabled solution suite that orchestrates all the data needed into a trusted, unified landscape. SAP HANA Data Management Suite is the foundation for building agile, data-driven applications that are always tapping into live data. With one query, SAP HANA Data Management Suite can deliver results from a single logical data set that covers the whole enterprise — turning the concept of universal data into a reality. Read the full blog post...

SAP Releases SAP S/4HANA 1809 - October 2, 2018
SAP announced the latest version of SAP S/4HANA; SAP S/4HANA 1809. The latest release promises to continue on with SAP's commitment to both converting existing ECC functionality into S/4, as well as, introducing newer functions and features. Read the full blog post...

Key Takeaways from SAP TechEd 2018 - October 10, 2018
Another SAP TechEd 2018 Las Vegas is in the books and it delivered five days of education, training, networking, and fun. Topics included SAP HANA Data Management Suite, SAP Cloud Platform, SAP Leonardo, SAP Analytics Cloud, and how real customers are building intelligent enterprises. Following up the SAP SAPPHIRE NOW Conference earlier this year, the main focus was the "Intelligent Enterprise". Expect to continue to hear this term from SAP and it's partners for the next several months and years.  Read the full blog post...

SAP Acquires Contextor to Augment Robotic Process Automation Capabilities
- November 20, 2018
SAP announced on November 19 that it has acquired a company called Contexter to boost robotic process automation in SAP S/4HANA and SAP Leonardo. SAP is expected to start integrated this into its products in 2019. Read the full blog post...

Check out the Approyo blog for more information.

Digital Transformation for Asset Management with SAP powered by Approyo

Digital technologies are having a profound impact on asset management operations. Internet of things, real -time analytics, machine learning, and enterprise mobility are enabling entirely new outcome based business models such as asset - as - a - service and are revolutionizing existing maintenance processes.

These technologies can help organizations optimize return on assets by helping them identify the right maintenance strategies, by prediction and simulation of operational problems, by ensuring safe operations, and by empowering field workforce with all the information required to execute maintenance activities. They are also making it easier for organizations to effectively manage projects that involve operations and maintenance of different types of assets.

With SAP S/4HANA as the digital core and SAP Leonardo solutions, organizations can build a strong foundation for operational excellence with a real-time integration between information and operational technologies. The SAP S/4HANA Asset Management solution enables organizations to manage their asset-related cost, risk, and performance holistically. It helps them plan, schedule, and execute all types of maintenance strategies from reactive to predictive maintenance. The solution also provides the ability to systematically reduce risk and improve worker safety with one common view of process risks related to workers, assets, or environment.

SAP Leonardo solutions, such as SAP Asset Intelligence Network, SAP Predictive Maintenance and Service and SAP Mobile Asset Management redefine asset management in the digital world. These solutions enable an organization to use sensor technologies and predictive analytics to improve asset health. The extensions also allow an organization to collaborate effectively with business partners by providing the ability to share asset information and insight with the ecosystem.

With the solutions, organizations can also leverage digital twin to accelerate innovation, optimize operating performance conditions, and enhance decision making, SAP Capital Portfolio and Project Management solutions extend the asset management operations by providing organizations the ability to strategize capital investments in new assets, evaluate the performance of their existing capital portfolio, and manage the entire lifecycle of projects from planning to execution with real-time monitoring.

SAP solutions support organizations to efficiently and sustainably manage the entire lifecycle of physical assets, resulting in better utilization of assets and reduction in costs.

Optimize capital expenditure with comprehensive portfolio 
evaluation capabilities - Prioritize asset intensive projects that align with company strategy. Increase the percentage of capital projects that are completed on time and within budget by identifying project related issues in time and efficiently planning resources.

Reduce capital project administration cost with complete visibility into ongoing projects - Manage scope, timeline, and budget of capital projects in an integrated way. Track and report project-related data in an efficient manner.

Reduce asset service and maintenance cost with efficient maintenance planning and execution - Enable maintenance planners and technicians to effectively plan, schedule, and implement maintenance activities. Analyze maintenance activities in real time.

Reduce environment, health and safety risks with efficient handling of regulatory compliance and incidents - Develop one common view of process risks related to workers, assets, and the environment. Provide EH&S practitioners access to real-time data on compliance and safety. Efficiently record and analyze incidents.

Maximize return on assets with right maintenance strategy and higher asset reliability - Drive maximum value from field assets by identifying the optimal maintenance strategy, by transitioning from interval based maintenance strategy to predictive maintenance, and by closely
collaborating with partners throughout the asset lifecycle.

Reduce unplanned downtime or outages with integration of IoT technologies with asset management - Establish connection with field assets to remotely capture operational data, gain real-time visibility on asset health, and predict anomalies  based on machine learning algorithms.

Improve maintenance team efficiency with work order  management through mobile applications - Empower maintenance technicians with the right data at the right  time. Provide access to information on asset location, repair histories, work order details, and material required through mobile applications.

Improve asset data accuracy and completeness with central management of asset master data governance - Maintain a single version of truth for all asset related data by integrating structured and unstructured data and  by effective master data governance.

Read the full blog post on www.approyo.com 

Approyo CEO Chris Carter named one of the Successful Leaders in Tech by CIOLook

Approyo is proud to announce that CEO and Founder Chris Carter has been named one of the Successful Leaders in Tech by CIOLook Magazine. The publication sheds light on th most admired tech leaders and their journeys to success, it also provides insights on their mission and vision, their backgrounds, and the traits that make a resilient leader.

"In our edition titled "Successful Leader in Tech," we envision exhibiting the vital contribution of emerging tech leaders who have brought about a disruptive change in their respective industries. With three decades of executive experience in the SAP Industry, the Founder and CEO of Approyo, Christopher Carter has marked his presence in the industry by aiding the commendable provision of optimal SAP solutions. CIO Look recognizes and appreciates his efforts and takes pride to feature him in our very first edition," Pooja M. Bansal, Editor-in-Chief of CIOLook.

“I am extremely honored to be named one of the Successful Leaders in Tech by CIOLook,” said Christopher Carter, CEO of Approyo. “I personally think the entire team at Approyo made this award possible, not just me alone. This achievement continues to validate our success in the SAP marketplace.”

Web Profile: http://ciolook.com/christopher-carter-enabling-customers-to-embrace-sap/
Magazine: Digital Link: http://magazines.ciolook.com/Successful-Leader-in-Tech-2018/

About CIOLook
CIOLook is Global business authority platform where you can explore the perspective of Entrepreneurs, business owners, and innovators who drive business around the globe. CIOLook has unvaryingly been at the front line for its honesty and genuineness acquiring acknowledgment from Business pioneers universally. Alongside, it focuses on showcasing world changing business concepts to help readers get a deeper understanding of the progressive business world.

Consistent updates to our online journals, internet based life and master sentiment give a substance rich perusing knowledge loaded up with fascinating perspectives and remark on the issues of the worldwide business .CIOLook Magazine inspires readers and users to think beyond traditional boundaries, lead conversations and create the future of business.