The tech industry has the unique advantage of being a game changer with resources, visibility, and influence in our daily lives, perhaps more than any other sector.
As digital technology continues to create new opportunities for business, ensuring that it focuses on sustainability is to ensure business growth and maintain relevance in today’s rapidly changing business environment. It’s the key. Sindhu Gangadharan, Managing Director of SAP Labs India and Senior Vice President of SAP User Enablement, said that in addition to top and bottom lines, corporate leaders need to prioritize greenline or sustainability efforts to prepare for the future. .. A recent interview with Sudhir Chowdhary. excerpt:
Will sustainability business practices be a central stage for technology companies, as SEBI mandates sustainability reporting for large listed companies? The green line is a measure of an organization’s commitment to the environment. This requires companies to openly disclose, among other things, how to reduce their business’s carbon dioxide emissions to individual products and services. Today, the CEO makes it a strategic priority. Investors are now integrating the environment, society and governance into their investment decisions. Consumers are clearly transitioning to more sustainable products and services. And employees choose their careers based on their employer’s responsibility to the planet. Therefore, it is imperative to consider natural resources and invest in innovations that promote economic and social development.
What actions should technology companies take to promote sustainable business practices? The tech industry has the unique advantage of being a game changer with resources, visibility, and influence in our daily lives, perhaps more than any other sector. And it starts with a change in approach. Sustainability is no longer the right thing to do, it’s business-critical. Technology companies need to move from a broader view of sustainability to a more subtle understanding of what they can achieve and how they can contribute to a more sustainable world. To promote sustainable business practices, first measure carbon dioxide emissions, evaluate and reduce emissions, increase resource productivity through recycling processes, and implement safer and more sustainable business processes. Is important. SAP is in a unique position to help companies tackle this challenge and become a sustainable company with a range of technology solutions.
How can we leverage technology to prevent the recent disruption of our global supply chain? Covid-19 has been testing a supply chain like never before. From computer chips to construction materials, these turmoil has affected almost every industry. The loopholes exposed by this crisis are not new. They were there before. The pandemic has just shown how easy it is to destabilize the global supply chain. To build a more resilient supply chain, it is important to have a complete understanding of various aspects of your business. Enterprises need to know as soon as possible if there are any problems or unexpected delays. Digital technology is here to help businesses gain end-to-end visibility into their supply chains. This visibility makes companies more agile and helps them make faster decisions based on the dynamics of changing markets.
What are the key technology trends that will shape 2022? Here are some of the key trends to watch in 2022: a) Digital transformation: Pandemics have dramatically increased the speed at which digital is fundamentally transforming its business. b) Sustainability Technology: Technology is a fundamental enabler and an important multiplier for achieving sustainable development faster than any other method. c) Total Experience (TX): Here, it refers to the overall program that connects the customer, user, and employee experiences. The goal is to increase customer satisfaction, increase employee productivity, and provide an exceptional experience for everyone who interacts with the brand.
How does SAP foster a culture of technology-driven innovation, both within the organization and across the business landscape? Innovation is at the heart of SAP’s business operations. Trust, diversity and inclusiveness are key pillars of fostering a culture of innovation in the SAP workplace. At SAP, we make a conscious effort to create a comprehensive and reliable environment where innovation thrives and supports the better operation of the world. This culture of innovation extends to 500,000 customers who work with us to innovate to become an intelligent and sustainable company. For example, the Bangalore campus has the SAP Co-Innovation Lab (COIL), a platform for collaborative innovation with our customers. Recently added is the Innovation Center Network, SAP’s think tank. Here, new technologies are identified and we are working to support our business and society.
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