Building Intelligent Enterprises

Intelligent enterprises effectively leverage the overwhelming volume of data that is accessible to them and draw truly meaningful insights. They operate with visibility, focus and agility to achieve game-changing outcomes. Here’s knowing how these enterprises do what they do...

The Digital Economy is the world we live in today which is changing faster than ever before because of the technologies available at a massive scale. We actively partake in this economy when we deposit a check using our smartphone or go for a run wearing a FitBit or take the bus and use our SmartPass. These technologies impact our everyday personal and professional lives, to the point we, at times, forget they are there.

A radical change in future business challenges

Intelligent Technologies like Machine Learning (ML), Internet of Things (IoT), Robotics, Predictive and Real-Time Analytics, 3D Printing, Artificial Intelligence are increasingly impacting our lives, adding tremendous value to the way we do business.
These technology trends are inherent to the Digital Economy and will also change the way we work. Customers today expect personalized offerings, faster delivery and proactive services; they want a best-in-class experience. Employees now represent four to five different generations. They all want to be empowered and engaged in meaningful work. And productivity means doing even more with less, while driving topline growth through new business models.

To address these challenges, one needs to make sense of the growing volume of data, allocate scare capital and innovate with relentless speed.

For example:

Finance professionals can find new ways to fund innovation;
Sales professionals can find new ways to serve customers;
HR professionals can spend their time building the talent pipeline;
IT professionals can focus on the needs of the business.

What manufacturing companies need to do Manufacturers, in this environment, need to find ways to start leveraging the Intelligent Enterprise technologies that -

Can deliver a comprehensive suite of modular, integrated software to connect their business end-to-end; Can deliver a comprehensive suite of modular, integrated software to connect their business end-to-end;
Can apply intelligence and innovation to re-imagine their business;
Are the latest advances in mobile, cloud and in-memory computing technology to simplify processes, deployment and user experiences, helping them simplify the increasing complexity of today’s digitally-infused, information-rich world.

All without disruption to their core business.

Deploying next-gen intelligent ERP

Intelligent Enterprises do not work in silos. They deploy a full suite of intelligent technologies embedded in ERP (Enterprise Resource Planning) supporting end-to-end business processes across modular and flexible, yet integrated lines of business (LoBs), be it sales, marketing, procurement, manufacturing or human resources and much more.

These processes are operated in the cloud and allow the team to focus on what really matters: Driving value for their customers and shareholders and transforming their business.

Increasing process efficiency throughout the product life cycle

In traditional ERP, data structures and configuration models of the same product may have been built and used independently from each other across different LoBs, leading to disconnected value chains. Instead, Intelligent ERP fosters seamless collaboration based on one common data structure / configuration model, which can be enriched, filtered and productized as the product moves along the life cycle:

As-built/as-maintained BOM: During installation and life of the product, parts will be changed, augmented and improved leading to yet another view of the product structure;As-built/as-maintained BOM: During installation and life of the product, parts will be changed, augmented and improved leading to yet another view of the product structure;
Engineering BOM: R&D develops the basic product structure with configuration options, new and re-used parts;
Sales configurator: Sales decide which options to expose to customers as options and valid configurations;
Working together seamlessly: The prerequisite of this is creating, managing and changing the solution / configuration model in a controlled and collaborative way. No strict process serialization;
Purchased parts list: Sourcing decides on strategic suppliers and alternative parts;
Manufacturing BOM: To do the actual manufacturing, the product structure is re-modelled reflecting the manufacturing strategies and process.

An Intelligent Enterprise is one that can effectively leverage the overwhelming volume of data that is accessible to them and draw truly meaningful insights. Intelligent enterprises operate with visibility, focus and agility to achieve game-changing outcomes. They do more with less and empower employees through process automation. They deliver a best-in-class customer experience, by proactively responding to customer expectations. And they invent new business models, and revenue streams.

Accelerating value creation

The Intelligent Enterprise accelerates value creation through three capabilities: visibility, focus and agility.

With Visibility one can tap into siloed or external data and recognize previously unseen patterns.
With Focus one can simulate the downstream impacts of critical decisions and allocate scarce resources.
And with Agility one can adapt their business processes in response to changing market conditions in real-time.

One’s business may already have some of these capabilities, but they can be dramatically enhanced through intelligent technologies such as ML, IoT, and advanced analytics. It’s these enhanced capabilities that allow the Intelligent Enterprise to achieve critical outcomes faster and more effectively than ever before.

Productivity means doing even more with less, while driving topline growth through new business models.