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In a recent conversation with Bob Sokolas, an innovation strategist at SAP, we delved into the future of enterprise systems, specifically focusing on what the year 2030 might hold.
Our discussion unveiled a vision of a business landscape that is increasingly modular, real-time, and deeply interconnected. Let's explore the insights from our conversation on how to embrace this future of agility and responsiveness in enterprise systems.
The Elusive Nature of Predicting the Future
Before we embark on our journey into the future, it's important to acknowledge that predicting what lies ahead is no small feat. As Bob rightly points out, if forecasting were easy, we'd all be Wall Street wizards. Nevertheless, we can't help but ponder the changes awaiting us in the business world.
The Key to the Future
Integration and Compatibility: Bob firmly believes that the next major leap in the business world, expected within the next seven years, hinges on how well things work together. The crux of the matter lies in making various components, data, and processes more compatible. It's about dismantling the silos that exist between different departments and harnessing data in a way that allows us to answer critical questions in real-time.
Innovation in Integration
This notion of making the whole greater than the sum of its parts is where innovation is expected to thrive. Integrating and connecting various systems and technologies will be the driving force in transforming the way businesses operate.
The Importance of Modularity
A clean core is essential for embracing the future. Rather than trying to do everything with a single monolithic system, businesses should focus on creating modular, interconnected components. Think of it as building a suite of applications that can work seamlessly with one another.
The Role of Core Systems and Modularity
Bob compares core systems to the well-known software Microsoft Excel. Just as no one uses every feature in Excel, businesses don't need to use every component in their core systems. The key is to have a stable core and add modular extensions as needed.
Industry Cloud and Modular Solutions
SAP's Industry Cloud is designed to provide compact, industry-specific solutions that address unique business needs. These solutions are smaller, focused applications that can be easily integrated into your existing core systems. It's all about making it easier for businesses to find industry-specific answers to their challenges.
The Role of Partnerships
SAP recognizes that it can't provide every solution on its own. Partnerships with other companies and the broader SAP ecosystem are critical in delivering comprehensive solutions to customers. The collective efforts of partners help ensure that the solutions are tailored to meet each customer's unique needs.
The Evolution of Low-Code and No-Code
The rise of low-code and no-code development platforms is making it easier for business users, not just IT experts, to create custom applications and solutions. This democratization of development empowers users to respond to their unique needs swiftly.
Future Expectations
Modular, Real-Time, and Responsive: As we look ahead to 2030, a clear picture emerges. The future of enterprise systems will be characterized by greater modularity, real-time responsiveness, and competitiveness. Customers' expectations will be centered around real-time data and seamless interactions.
Adapting Swiftly
The future of enterprise systems is set to be a dynamic landscape where modular, interconnected solutions are the key to success. Companies that transition towards a clean core and embrace the benefits of modularity, integration, and responsiveness will be the ones poised to thrive in this evolving business world.
The ability to adapt swiftly and meet the ever-increasing demands of customers will be the hallmark of successful enterprises in 2030. So, prepare for the journey ahead, and embrace the future of modularity and real-time innovation.