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Top 4 things to keep in mind before starting Digital Business Model journey

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A quick snapshot of the blogs published in our ‘Path to Digital Enterprise’ blog series.

Blog 1: Digital Business Model

In this blog, we have covered the importance of technology in shaping the digital business model. We have also provided a few considerations to help you to kickstart digital business model development.

You can read the first part here.

Blog 2: The S/4HANA Cloud to Enable Digital Business Model

In this blog, we have elaborated on how SAP S/4HANA Cloud can help you in providing a platform as a starting point of your Digital Business Model evaluation.

You can read the second part here.

Blog 3: How can you use technology to develop a Digital Business Model?

In this blog, we have provided an overview of the SAP BTP platform with examples of how it can be leveraged to support your digital business model development by taking advantage of cutting-edge technologies.

You can read the third part here.

In this fourth blog, we’ll talk about the most important considerations before embarking on a digital business model journey.

1. It is no longer digital transformation; it is digital acceleration

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It is easy to get lost in developing platforms or applications to support new capabilities as part of this initiative. But the truth is that tech companies have invested heavily in making platforms, ecosystems, and apps that are easy to use and adopt. It is time for organizations to focus on specific use cases to differentiate themselves in the market, rather than invest in developing new solutions that already exist.

2. New Models for Digital Leadership

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As the digital business progresses, the responsibility for digital initiatives will move to the C-suite. This will result in C-suites becoming more involved in making technology decisions and creating new team structures to support and implement them. To be successful, business leaders need to take more ownership of initial experiments. For this to work, technological functions will need to be built into business roles, and this change will require a new mindset and digital skill sets.

3. Measurements for Digital Success

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With the current IT investments, it is becoming extremely difficult to measure the success of the initiatives and showcase the results to C-suite to get additional digital funding. With the re-engineered business process, it will still be hard to measure baseline KPIs and improvements, unless a lot of work is done at the beginning of the project phase to find measurable KPIs and are aligned with the right stakeholders.

4. An agile and iterative way of working

The digital initiative will involve cross-functional teams and implementing the changes in an iterative and continuous way will be the key to the success of the initiative. This will involve reexamining the current IT system providers’ ability to scale up on the new digital skills and co-location of the team. To support the digital goal, the sourcing strategy will change from working with a single vendor to working with several vendors who have niche/digital skills to support these initiatives.

Summary

Start with a design strategy to look at big opportunities beyond your current business model by taking advantage of new and evolving digital capabilities to generate new revenue streams.

  • The foundation for this is to have a modern, robust, intelligent platform that can help in reducing your lead time to develop digital capacities. SAP S/4HANA Cloud provides you with ready to use intelligent enterprise platform to fuel your innovation at a rapid pace.

In this new business model evaluation, it is important to bring various partners and customers to develop unique capabilities to meet their requirements and co-innovate solutions with them. The SAP BTP platform gives you the ability to do this through seamless and native integration to the ERP system.

To develop a digital model, technology teams will need to be part of business functions. C-suite will need to be involved in the experimentation phase and have an Agile mindset to provide solutions at a rapid pace. This will also result in relooking at your sourcing strategies and aligning with IT partners who are nimble, adaptive, and cost-efficient.

About the Authors

Vaideeswaran S

Director – Enterprise Applications, Blueprint Technologies

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Rony John

Chief Executive Officer

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Rony John

Chief Executive Officer

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With over 20 years of rich and diverse experience in SAP, Rony John is leading the team at Blueprint in helping customers recognize the benefits of the ERP Solutions and providing sound design and integration approaches to successfully implement their SAP and ERP environments. Adept at bringing real-world expertise and solution design to the forefront, Rony has successfully helped many organizations, both big and small in actualizing their goals.

Rony owns an innate ability to decode customer needs and his in-depth knowledge about SAP and Kronos products sets him apart from the rest. Prior to leading Blueprint, Rony had donned diverse roles for some of the best software giants including Convergent, Autodesk, SAP GDC,Mindtree very strong technical grounding by way of involvement in Product and Global delivery.

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Rony John

Chief Executive Officer

Rony-John-scaled

Rony John

Chief Executive Officer

Rony-John-scaled

With over 20 years of rich and diverse experience in SAP, Rony John is leading the team at Blueprint in helping customers recognize the benefits of the ERP Solutions and providing sound design and integration approaches to successfully implement their SAP and ERP environments. Adept at bringing real-world expertise and solution design to the forefront, Rony has successfully helped many organizations, both big and small in actualizing their goals.

Rony owns an innate ability to decode customer needs and his in-depth knowledge about SAP and Kronos products sets him apart from the rest. Prior to leading Blueprint, Rony had donned diverse roles for some of the best software giants including Convergent, Autodesk, SAP GDC,Mindtree very strong technical grounding by way of involvement in Product and Global delivery.

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A New Chapter for Lion Brewery (Ceylon) PLC: HR Innovation through SAP SuccessFactors

Lion Brewery (Ceylon) PLC embarks on a pivotal journey in workforce transformation by partnering with Blueprint Technologies to implement SAP SuccessFactors. This strategic move promises to streamline HR processes and uplift the employee experience, cultivating a vibrant, efficient workforce ready for tomorrow’s challenges.

We’re thrilled about the transformative possibilities and look forward to seeing Lion Brewery elevate its employee experience and achieve workforce excellence.

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Prathiba Anandraj exemplifies Blueprint Technologies' unique approach to customer experience transformations.

In an interview with Dataquest, Prathiba Anandraj, SAP CX Practice Lead at Blueprint Technologies, emphasized the company’s unique approach to customer experience transformations. She highlighted Blueprint Technologies strategic partnership with SAP, which involves the use of cutting-edge cloud technologies. She spoke about changing customer expectations, emphasizing the need for personalization and seamless experiences. Pratibha explained Blueprint’s approach to CX transformation, focusing on personalized solutions. She also explained how Blueprint Technologies has helped organizations thrive in their customer experience transformations with SAP CX.

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⁠Blueprint Technologies co-hosted the CX Roundtable event in Gurgaon with the SAP CX Team and Dataquest.

Our esteemed speakers, delegates, and moderator shared their insights on CX trends and AI and ML in customer experience management, making the event the most engaging and informative. At the conference, we looked into several areas of the customer experience and new ways to improve customer satisfaction and retention. The exceptional attitude of teamwork and generosity among guests shows how well their commitment to exceptional customer experiences matches our company’s beliefs and goals.

We acknowledge our speakers, attendees, SAP CX, and Dataquest teams for their enthusiastic involvement in the “Future-Proofing CX Strategies: Connecting with Customers in the Digital Age for Business” roundtable discussion on September 15, 2023, in Gurgaon.

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Blueprint Technologies co-hosted the "CFO Playbook 2023" in Mumbai with the SAP Concur Team and Netnex.

At Mumbai’s Taj Lands End hotel, the second edition of the “CFO Playbook 2023” roundtable conference featured invaluable networking and knowledge-sharing sessions. We discussed how SAP can help your accounts payable team succeed and become a strategic driver of development, efficiency, compliance, and sustainability throughout the conference.

We appreciate our speakers, attendees, SAP Concur, and NetNex teams for their support and participation in the “CFO Playbook 2023” roundtable session in Mumbai on September 13, 2023.

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Blueprint Technologies co-hosted the "CFO Playbook 2023" in Pune with the SAP Concur Team and Netnex.

Our renowned speakers at the “CFO Playbook 2023” roundtable conference at the JW Marriott hotel in Pune delivered the best networking and knowledge-sharing sessions on September 5, 2023. We addressed how SAP can help your accounts payable workforce succeed and become a strategic driver of development, efficiency, compliance, and sustainability throughout the conference.

We appreciate our speakers, attendees, SAP Concur, and NetNex teams for their support and involvement at the “CFO Playbook 2023” roundtable meeting in Pune on September 5, 2023.

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Blueprint Technologies co-hosted the SAP Innovation Tour for CX in Mumbai with the SAP CX Team and Dataquest.

Our esteemed speakers, delegates, and moderator discussed evolving CX trends and the emergence of AI and ML in customer experience management, making it the most educational and remarkable event.We appreciate our Speakers, Participants, the SAP CX team, and the Dataquest Team for their support and active involvement in the “Unleashing Innovation: Accelerating Customer Experiences for Businesses” roundtable conference in Mumbai on July 21, 2023.

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Blueprint Technologies was one of the official silver sponsors at the SAP Spend Connect Forum India event

We witnessed the most extraordinary events at the SAP Spend Connect Forum India, which took place at the Taj Palace in Delhi on July 19, 2023, and the Shangri-La in Bengaluru on July 21, 2023, including outstanding networking and knowledge-sharing sessions by SAP and customer speakers.

Furthermore, we appreciate everyone who visited our booth. We appreciate your time and interest in our services. It was remarkable to meet and communicate with so many individuals who share our enthusiasm for facilitating digital transformation through the adoption of SAP Cloud solutions.

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Blueprint Technologies attended and delivered presentation at the SAP DKOM 2023 held on April 28, 2023.

Mr. Rony John, MD and CEO, Blueprint Technologies, presented a session on “Drive adoption of your cloud products – With SAP’s very own tools” at SAP DKOM 2023, along with Mr. Stefan Steinle, Head of Customer Support & Innovation, SAP AE.

A big thank you to SAP for inviting Blueprint Technologies to share our expertise and insights with the SAP community.

SAP DKOM is the biggest technology festival at #SAPLabsIndia, celebrating innovation, technology, and the people who use SAP Technology to make the world run better.

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Blueprint Technologies was one of the official silver sponsors at the SAP NOW event

We witnessed the most amazing event with superb networking and knowledge sharing sessions by SAP and customer speakers at SAP NOW.

Also, thank you to everyone who came by our booth. We appreciate your time and interest in our services. It was amazing to meet and interact with so many people who share the same passion as us for bringing in digital transformation and helping India achieve its goal of becoming an economic powerhouse by leveraging technology.

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