SAP, Bluechip list challenges on business development
SAP and Bluechip Technologies have identified challenges facing the growth and development of businesses today as “complexity”, a term used to describe series of trending and environmental issues.
But with the goal of helping local businesses of all sizes discover new ways in which to optimise their business processes and engage with their customers and employees through a simplified experience, they engaged stakeholders at a forum in Lagos recently.
The event, specifically focused on the role that technology can play to drive efficiencies through a series of presentations on business issues, the delegates were shown a practical approach to navigate the challenges.
Chief Delivery Officer at Bluechip, Tope Ajao, said: “One of the major problems that businesses are faced with today is complexity – from huge data sets, new technologies, increasing regulation, globalization and increasing customer awareness and mobility.
“Organisation such as Apple, Google, Amazon and Facebook have proven that simplicity is the way forward. Hence, helping organisations simplify their IT landscape will tremendously lower cost and differentiate their products and services,” he said.
Re-affirming its commitment to the West African market as both strategic and innovative, the SAP Analytics event showcased how companies can unleash the power of digital innovation, while finding a balance between maintaining their current infrastructure and innovating without disruption.
“IT is therefore faced with the challenge of enabling the business to analyse all relevant data for making decisions on time. SAP provides an end-to-end solution that enables smart decisions for people and applications within the window of decision opportunity,” Ajao noted.
Discussing on the topic “Reinventing Your Business Using Analytics” the companies maintained that staying ahead of business, giving the current economic situation, and the need for business owners to take advantage of transformational business models, reinvent business models and new ways of conducting business processes are important
Despite the economic impact of low foreign currency supply, challenging commodity and oil prices, there is no doubt that enterprise businesses in Nigeria are ready to seize the opportunities in the digital economy.
In fact, The GDP in Nigeria shrank 2.24 percent year-on-year in the third quarter of 2016, following a 2.06 percent decline in the previous period and compared to market expectations of a 2.58 percent decline.