Thursday, August 22, 2019

Approyo to showcase SAP S/4HANA Migrations and Upgrades at TC Sessions: Enterprise

The Approyo team is proud to announce that we will be attending this years Tech Crunch TC Sessions: Enterprise as a Featured Startup on September 5 in San Francisco, CA. Our team will be on-hand at the event talking about migrations and upgrades to SAP S/4HANA. We invite all attendees to stop by our table and speak with one of our experts. We also want to send out a personal invitation to SAP CEO Bill McDermott to stop by our table while he is at the event!

The Session is a full day of interviews with enterprise software leaders, rising founders, and VCs that are ahead of the game as well as breakout sessions, exhibiting startups, and networking opportunities.

Speakers Include:

Aaron Levie, Co-Founder & CEO (Box)
Aparna Sinha, Director, Product Management for Kubernetes & Anthos (Google)
Bill McDermott, CEO, (SAP)
George Brady, CTO (Capital One)
Jim Clarke, Director of Quantum Hardware (Intel)
Sanjay PoonenChief Operating Officer, Customer Operations, (VMware)
Scott Farquhar, Co-founder & Co-CEO (Atlassian)

About TC Sessions: Enterprise
No category in tech is bigger or more ferociously competitive than enterprise software. The race to deliver productivity tools to the business world produces hundreds of new startups and a steady stream of multi-billion dollar acquisitions every year. Silicon Valley is the epic-center of all that and TechCrunch's editors can't wait to dig in on the top enterprise trends and companies at TC Sessions: Enterprise.

Friday, August 16, 2019

How can the Intelligent Enterprise Impact Professional Services Companies?

In today’s digital economy, there is immense pressure on professional services firms to do more for less. Firms are facing new price pressures and competitive threats. New entrants into the marketplace have changed the way firms deliver services, forcing them to either adopt new approaches or face stagnant or declining revenue growth and margins. Firms must be able to respond rapidly to these challenges yet still comply with the pressure of new reporting standards. How does a digital core with a true single source of truth help?

Strategic Priorities in a Digital Economy
The digital economy is disruptive. Professional services firms must use market dynamics to create and capture new business opportunities and enable their strategic objective of nonlinear revenue growth.

Outcome-based engagements
The simple “time and materials” business model that proved highly profitable for professional services organizations in the past is being replaced by outcome-based models. Clients are increasingly focused on the business outcome of an engagement, rather than the effort involved, and are negotiating prices and relationships accordingly. The key lever for firms is to adopt a superior bidding process resulting inaccurate proposals that will ensure predictability and repeatability of outcomes and thus minimize delivery risks.

Knowledge as a service
Professional services firms are realizing that they have valuable expertise and content that can benefit their customers beyond the typical face-to-face engagement model. In the past, intellectual property (IP) was available for customers only in formal engagements and was a key point of differentia-tion. However, innovative service firms continue to productize their service lines, create knowledge “vaults,” and monetize their institutional expertise. To keep pace, the quote-to-cash “process infrastructure” must be adapted to the emerging business models and address the full lifecycle of the new delivery models for digital expertise and IP services.

Leverage talent networks
Digitalization of talent has made new business models possible by identifying, classifying, and attracting talent on an as-needed basis outside the boundaries of a firm and effectively integrating talent into one team based on powerful virtual learning and collaboration platforms.

Professional Services Capabilities with the Intelligent Enterprise

  • Understand and optimize engagement profitability - Reduce service costs with full, real-time insight and automated accounting, time and expense processes, while recognizing more revenue through integrated project delivery and billing processes.
  • Assess staffing levels anytime, anywhere - Onboard critical resources in time for upcoming projects, track resources continuously, and access contact details quickly to support collaboration between teams, organizations, and partners.
  • Simplify time entry in the cloud - Streamline time-entry processing to notify employees when their time entries are rejected and allow them to correct their timesheets and resubmit them – anytime, anywhere, and on any device.
  • Enforce limits on time and expense billing - Boost your clients’ confidence in your services by staying within the defined limit for time and expense with the addition of an upper cap amount to your sales agreements and service contracts.
  • Reimagine bid management - Speed bid creation dramatically and improve project margin, with more effective planning, then move smoothly into project execution with consolidated real-time and historical insights. 
  • Streamline quote-to-cash - Create customer contracts with competitive pricing, personalized payment plans, and multiple methods of billing, while simplifying billing through consolidated invoicing across all engagement types. 

The intelligent ERP
Bringing SAP S/4HANA and SAP Leonardo technologies together as a digital core will result in a more flexible and intelligent enterprise. To achieve next-generation business processes and business models, companies need an intelligent ERP solution that can be continuously enhanced and extended with innovative business services and applications built on emerging technologies, including machine learning, blockchain, and the Internet of Things (IoT).

View the full blog post: https://www.approyo.com/single-post/2019/08/08/How-can-the-Intelligent-Enterprise-impact-Professional-Services-Companies

Thursday, August 15, 2019

Approyo recognized as a Trailblazing Company to Watch in 2019 by The Enterprise World

The Enterprise World, a business magazine, a platform for all the master business minds to share their stories of success, releases their introductory issues.

The Trailblazing Companies to Watch: 2019, the US edition, features the stories of companies pioneering in their industry and present to people innovative and reliable services.

“We are honored to be part of this great list of companies," said Christopher M. Carter, CEO of Approyo. "We have experienced tremendous growth in the first half of 2019 and we look forward to continuing to grow the rest of the year”

Approyo Profile: https://www.theenterpriseworld.com/approyo-simplifying-digital-transformation-for-sap-solutions/

List of Trailblazing Company to Watch:  https://www.theenterpriseworld.com/trailblazing-companies-to-watch-2019

Approyo has been providing solutions powered by SAP HANA®, such as the latest version of SAP S/4HANA®, in the cloud since 2012. Approyo built an entire platform using the best solutions in the market, helping companies move to SAP HANA quickly and benefit immediately.

About The Enterprise World
The Enterprise World, is a business magazine, a platform for all the master business minds to share their stories of success, the loopholes they encountered to become the overnight stars they are now of the enterprise world.

Wednesday, August 7, 2019

How can the Intelligent Enterprise impact the Telecommunications industry?

Disruptive change is happening in the telecommunications industry at a rapid pace. 5G, new market entrants, innovations in business models, mergers, and evolving industry standards require constant adaptation. Communications service providers (CSPs) must be able to respond to rapidly changing conditions yet still comply with all standards. How does a digital core with a true single source of truth help?

Strategic Priorities in a Digital Economy
The digital economy is disruptive. Telecommunications companies need strategic priorities that drive transformation. SAP solutions powered by Approyo supports a reimagined set of end-to-end (E2E) business scenarios to support the strategic priorities of working in a digital environment.
  • Intelligent operations - New innovations around artificial intelligence, machine learning, blockchain, and more have the potential to drive vast efficiencies around existing business processes and enable new generation processes moving forward.Labor-intensive processes around management of invoices, service tickets, and customer attrition will be among the first processes that leverage new technologies to drive optimization in an intelligent enterprise.
  • Profitable customer centricity - With new market entrants and OTT players providing heavy competition, successful telcos are extending the use of new technologies to rethink how they can deliver optimal customer experiences, manage profitability, and offer relevant services.Putting customers first and optimizing margins will become more important to drive overall business growth.Focusing on delivering a superior and personalized customer experience will become even more critical to compete effectively.
  • Innovative business models - The emergence of a sensor-based world opens up the space for platform providers to deliver adapted and scalable solutions for connectivity, insight, applications, and processes in the IoT. Providers can offer sensor-friendly vertical services and solutions to enterprise customers or industry ecosystems, and also develop industry-specific stack-and-build competence and partner ecosystems that target strategic industries, both organically or by acquisition.
Respond quickly to market dynamics
A digital core is a critical component of a modern telecommunications company’s IT architecture to ensure stability and long-term reliability for core enterprise processes. It must also provide the flexibility to adapt quickly to new opportunities, challenges, and regulations. This solid foundation gives you a single source of truth, which in turn enables flexibility for innovation to accommodate new over-the-top (OTT) competitors, new revenue driving business models, and continued industry consolidation.

Create efficiencies throughout the business
The ability to respond quickly is an essential part of managing a telecommunications company. To do this, simulation, prediction, and analytical capabilities are important components. Data is critical for gaining the insight to make decisions. This insight must be at a granular level, so that margins can be optimized to drive profitability by understanding where revenue leakage is happening at the per-subscriber level.

Gain visibility to become more profitable
With the commoditization of core communications services, every telecommunications company is looking for opportunities to maximize margins and profitability. Visibility across the business is the critical component to finding areas to mitigate margin loss and optimize profitability. Granular insights at the subscriber, service, and channel levels provide the opportunity to identify problem areas and react quickly to remedy them.

Leverage new innovations for evolving business models
Customers in every industry are demanding innovation and often look to their CSP to deliver services based on these innovations. The opportunity exists for CSPs that can react quickly and that have a digital core in place to deliver these services. With the right capabilities in place, CSPs are in a prime position to be the providers of choice to enable new services such as connected cars, smart transportation, connected health, and more.

The intelligent ERP
Bringing SAP S/4HANA and SAP Leonardo technologies together as a digital core will result in a more flexible and intelligent enterprise. To achieve next-generation business processes and business models, companies need an intelligent ERP solution that can be continuously enhanced and extended with innovative business services and applications built on emerging technologies, including machine learning, blockchain, and the Internet of Things (IoT). Telecommunications companies that have big innovation appetites or prefer to be early adopters have already begun this journey.

Monday, August 5, 2019

How can the Intelligent Enterprise impact the Insurance industry?

Radical change in the insurance industry is occurring at a rapid pace. Changes in technologies, in business models, in standards, and in the makeup of insurance companies themselves require constant adaptation. Insurers must be able to respond to rapidly changing conditions yet still comply with all standards. How does a digital core with a true single source of truth help?

Strategic Priorities in a Digital Economy
  • Digital engagement - Customers want to engage with insurers through seamless, interactive experiences across all channels, including self-service portals. Insurers must communicate with people and devices and connect to external data sources to build an engagement model with the real world. The creation of consistent, loyalty-building experiences is essential to meet the expectations of customers in today’s digital world.
  • Protection service - Customer expectations are moving in the direction that a potential loss should be prevented before it occurs by means of a protection service. Insurers should deploy hybrid products by bundling insurance coverage across lines of business with non-insurance products and services to offer requested protection services.
  • Data-driven influence - Customer data about behavior and points of view needs to be analyzed to enable insurers to deliver innovative products to market quickly while maintaining existing products more efficiently. Insurers need to use the key insights provided by IoT applications and related insurance services to drive not only what products are created and what services are offered but also when and where.

The Need for an Intelligent ERP System

Responding to rapid changes
A digital core is an IT architecture that offers stability and long-term reliability for core enterprise processes yet also provides the flexibility to adapt quickly to new opportunities, challenges, and regulations. This solid foundation gives you a single source of truth, which, in turn, enables flexibility for innovation to accommodate new business models, new regulations, and new business events, such as mergers or acquisitions.

Simulation and analytics
The ability to respond quickly is an essential part of managing an insurance company. To do this, simulation, prediction, and analytical capabilities are important. Data is critical for gaining insight to make decisions. This insight must be at a granular level so decision-makers have the detail they need to understand trends, opportunities, and risks and quickly carry out what-if analysis using predictive algorithms.

Keeping data under control
Every insurance company needs the computing capability for carrying out complex risk assessments with large data sets to support timely, real-time analysis. Everyone in the company must have access to data they need, whenever and wherever they need it. They must also manage the enormous amount of data generated by connected networks to develop and deliver leading-edge products and services.

Addressing innovative opportunities
Customers in every industry are demanding innovation. Companies are responding with new products and services that better meet individual needs. These new offerings impact every facet of business, not just the front office. Companies must address end-to-end (E2E) processes across departments and lines of business to deliver on new customer experiences, products, and services

The Intelligent ERP powered by Approyo 
Bringing SAP S/4HANA and SAP Leonardo technologies together as a digital core will result in a more flexible and intelligent enterprise. To achieve next-generation business processes, companies need an intelligent ERP solution that can be continuously enhanced and extended with innovative business services and applications built on emerging technologies, including machine learning, blockchain, and the Internet of Things (IoT). Insurance companies that have big innovation appetites or prefer to be early adopters have already begun this journey.

Monday, July 29, 2019

Approyo recognized as an SAP Industry Leader in Three Categories of the 2019 ACQ5 Global Awards

Approyo, a leading enterprise SAP HANA Solutions Provider, announced today it has been recognized in three categories of the 2019 ACQ5 Global Awards by ACQ5. This is the second consecutive year that Approyo has been honored 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.

"It is an honor to be recognized by ACQ5 for the second year in a row," says Christopher M. Carter CEO of Approyo. "Thank you to the folks at ACQ5 and all of our customers, partners and staff. This achievement continues to validate our success in the SAP ecosystem."

“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 2019 ACQ5 Global Award winners represent the best of breed in all industry sectors and have earned these honours 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.”

View Approyo's full profile: https://www.acq5.com/magazines/29_932

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 97,416 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.

The SAP Intelligent Enterprise and the Experience Economy

Last year, SAP unveiled its strategy to deliver the Intelligent Enterprise. At the core of our strategy was SAP’s strong belief that every company needs to address three key challenge in today’s economy:

1. Intelligent Suite
An integrated, yet modular suite of line-of-business (LoB) applications that enables SAP customers to share insights across functions to better manage stakeholders and their day-to-day operations.

2. Digital Platforms
Data management and cloud platform technologies to dynamically orchestrate the growing volume of data and business processes across an intelligent enterprise, so that customers can make sense of their data in real-time. The digital platform forms the foundation of all intelligent activities.

3. Intelligent Technology
Tools and technologies that turn intelligence into business outcome such as analytics, machine learning (ML), artificial intelligence (AI), the Internet of Things (IoT), and blockchain. They are delivered through the digital platform, embedded within intelligent suite applications, and applied to processes that integrate both SAP and third-party data and applications.

Enter 2019 - The Experience Company powered by the Intelligent Enterprise
In an era in which data plays a vital role in all decision-making and in every business process, having the ability to manage big X-data and O-data, gaining new levels of business insights, and turning them into impactful actions is an absolute key to customer success. As business data volume grows exponentially, and as enterprises have access to an abundance of new intelligent technologies, customers have countless opportunities to influence experiences and reimagine their business processes through data-driven innovation.

The following outlines two examples for the opportunities in reimagining business processes:

1. Drive a step-change in productivity: a global clothes retailer collects big and diverse data from SAP C/4HANA including X-data from Qualtrics software and from third-party sources such as comments on social media.

This data is streamed into a data lake integrated with SAP HANA and dedicated to a customer behavior analysis project where intelligence is applied by building ML models to predict changes in customers’ buying preferences. The results are streamed in real-time to SAP C/4HANA marketing campaigns, where a new campaign is automatically triggered via SAP Intelligent Robotic Process Automation whenever a change in customer preference is identified, significantly increasing marketing productivity leading to additional revenue.

2. Build new business models: a lighting hardware company uses SAP Leonardo IoT, SAP Analytics and SAP Cloud Platform Integration to deliver a light-as-a-service business model. By connecting the lighting hardware to sensors, and orchestrating and analyzing its data streams, customers can receive a variable bill based on usage instead of paying for lighting upfront. In addition, customers can gain insight into costs and usage with an intelligent solution that is able to predict future costs. This solution helps users to make better informed and confident decisions drives operational efficiency and saves energy.

Technology & Innovation Overview and Outlook
The role of technology and innovation in the evolving Experience Economy has never been more important for the success of our customers. As customers’ and employees’ demand for better experiences increases, enterprises must focus on their businesses and adapt to change, rather than concentrating on technical building blocks. SAP believes that these needs can be addressed with a “business technology platform that provides the required platform services combined with the business semantics, content and context which are key to turn data into meaningful business outcomes. The winners will be intelligent enterprises that utilize this platform to get the most out of their experience and operational data and processes. This is the goal of SAP’s digital platform where the business-centric technologies of SAP HANA, SAP Analytics, and SAP Leonardo power the intelligent suite, enable new data-driven innovation scenarios and together with Qualtrics help SAP customers to turn into Experience Companies.

Therefore, SAP’s vision for the digital platform is to be the business technology platform that provides the required technologies for intelligent enterprises to power the intelligent suite, deliver the next-generation experience management, and offer the necessary technologies standalone to our customers and partners for unlocking new types data-driven innovation.

Read the full blog post on www.approyo.com