It has been thirteen years since the term Industry 4.0 first appeared in public at the Hannover Messe in 2011.
The term Industry 5.0 is now often used to refer to the "people-centeredness" of the industry.
Mobile devices enable faster reactions and more straightforward processes in everyday work life - regardless of where work is being done. To work with SAP applications on tablets or smartphones while mobile, SAP Fiori Apps can be developed and utilized.
The digitalization of industry has made critical infrastructures a popular target for cyber attacks.
The potentially devastating damage to both companies and society makes the topic of cyber security increasingly relevant for legislators.
Nowadays, SAP systems play a central role in every modern company.
They enable business processes to be designed and handled in line with individual requirements and are used in a variety of ways thanks to their adaptability.
Adopting the cloud is an important business strategy to succeed and create value in today's digital world.
According to a recent McKinsey survey, 95% of European companies say they are benefiting from the cloud.
Twelve years have passed since ElcomSoft was first able to download iCloud backups directly from Apple and read out the data.
Two new EU regulations are currently keeping companies busy: the Digital Operational Resilience Act (DORA), which came into force in January 2024 and regulates the areas of cyber security, IT risks and resilience in the financial sector, and the Artificial Intelligence Act (AI Act), which was passed in March.
AI technology is now ubiquitous in everyday life, and as it converges, cloud computing and AI/ML will unlock enormous value and transform most industries.
Around 20 % of all expense reports in companies contain errors.
And around 14% of all expense receipts are questionable.
For larger organizations, this quickly adds up to significant losses, because as a consequence, around 5% of all reimbursements are actually unjustified.
If data is the oil of the 21st century, most companies are sitting on huge deposits that they can no longer extract on their own.
In order to gain truly valuable insights from the growing masses of data, they need efficient analyses - such as data mining.
Thought Leadership