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Progress towards a software defined factory has been very slow. It is not for the lack of technology, or for the lack of data. The bigger issue is that the scope of many of today's shop floor IT organizations is limited to ensuring system uptime, basic maintenance on automation controls, and handling any disruptions with manufacturing equipment. Integration with Business Systems is limited to ERP connectivity for inventory and production reporting. It is not that CEOs and CIOs are unaware of this situation. But they often not grasp the magnitude of the problem and therefore do not assign a budget. To move beyond the status quo requires adopting new concepts and planting a story in people's brains with a new point of view. Stakeholders are puzzled because they haven't thought about it. In fact, there may not be any easily identifiable owners and the ultimate act of category creation requires new roles. And this is why category creation is hard, but necessary to succeed in the future of industrial automation. https://lnkd.in/gDQD2Hxa

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Companies will be left to die… if they don’t understand digital transformation is not a nice to have. It is business critical. The time where digitalisation was just about implementing internal tools like ERPs and CRMs is over. To be ahead of the curve, companies need to rethink the delivery of their services and improve the way they interact with their clients. At Naviu we’ve worked a lot with startups but we are working increasingly with service companies that want to digitalise part of their service. Things like turning the spreadsheet and email communication into a digital client portal. The benefits? - They can scale and service more clients - Clients have a faster and better service - They streamline operations and their staff can focus on value-added work At the end everyone wins, the company and the clients. This is the future.

Very interesting article to kick off 2024....but not surprising! Albeit this article is focusing on the US market, this is a global problem and solutions will need to be found for the inevitable move to S4 - but not just the implementation of these projects but the ongoing support and development of these solutions. Clients need options .... and partners need to adapt to provide these options. This isn't just 'here is a project team' to implement the new or upgraded solution. Partners will need to be agile, continually evolve and build medium-long term partnerships with clients and deliver together - project and support & development of these solutions as mentioned. 2024 is time for less procrastination and more confirmation, and transformation will not just be about the actual project. Let's not forget that the skills gap will affect some partners just as it will affect clients ..... 🚀 #skillsgap #talentgap #transformation #evolution The Biggest Tech Talent Gap Can Be Found In The SAP Ecosystem (forbes.com)

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A lean business model is one of the most valuable frameworks that entrepreneurs can use when they want to grow a startup or scale their current operation sustainably. Learn here about the details of this model and what it offers. #Lean #business #businessmodel #businessstrategy Need growth tips? Visit: https://lnkd.in/g9Af32AT https://lnkd.in/gZJHnetU

Power of #MSMEs💪...SMEs provide the economy with a healthy supply of new skills and ideas and make the marketplace more dynamic, many innovations and inventions across the globe emanate from the SME sector and they disrupt markets and make lives easier for consumers at large...🌎 #zauvijek #erp #business #startupindia #softwareindustries #Billingsoft #businessgrowth #vyapari #channelpartners #saas #Smes #vyapari #channelpartners #businessman #entrepreneurship

"Software as-a-service (SaaS) firm Zoho is one step closer to its foray into manufacturing. Zoho founder and entrepreneur Sridhar Vembu said on Wednesday that a small team of engineers have created a new line up of power tools that are ready for commercial production. “We have a suite of tools ready to start commercial production. The brand name is Karuvi (கருவி) the Tamil word for instrument or tool,” Vembu said in a tweet on X. The potential of this venture to create rural jobs attracted him, he added. He explained that the idea was first mooted by a Zoho customer Abdul Gafoor, who is a distributor of electrical and electronics products in the Middle East. “He came to see me in Tenkasi with a box full of hand held tools from his company. He told me he wanted Zoho to make these products and he would love to distribute them. I said we know nothing about it,” he added. Vembu and his team still took up the challenge and a team of two engineers started work on it two years back to experiment with the designs. Today, it is a team of 10 as Zoho explores entering the manufacturing stage. “We are trying some innovative ideas in the factory being built in Tenkasi. A new adventure begins,” Vembu said. Vembu first spoke of his interest to get into manufacturing back in March 2022, speaking at a business conference. He had then said that he was personally buying up ‘light machinery’ and working to incubate talent for R&D in manufacturing. As per industry estimates, the adoption of power tools in India is projected to grow at a 8.6 per cent CAGR from 2023 to 2033. Global players such as Robert Bosch Power Tools, Stanley Black and Decker, Caterpillar and others dominate the sector." https://lnkd.in/g36zgZ2J