Warning: session_start(): open(/opt/alt/php72/var/lib/php/session/sess_24eec0c2c9d17e0a16865b245f3191f7, O_RDWR) failed: Disk quota exceeded (122) in /home/shweuqjw/awajludhianaki.org/wp-content/plugins/jnews-social-login/class.jnews-social-login.php on line 83

Warning: session_start(): Failed to read session data: files (path: /opt/alt/php72/var/lib/php/session) in /home/shweuqjw/awajludhianaki.org/wp-content/plugins/jnews-social-login/class.jnews-social-login.php on line 83
Being intelligent: Leveraging tech & data by being agile - Awaj Ludhiana Ki
Friday, June 13, 2025
  • Home
  • National
  • International
  • Movies
  • Technology
  • Business
  • Fitness
  • Lifestyle
  • Punjab
  • Contact us
No Result
View All Result
No Result
View All Result
Home Business

Being intelligent: Leveraging tech & data by being agile

by author
November 29, 2020
in Business
0
Being intelligent: Leveraging tech & data by being agile
0
SHARES
35
VIEWS
Share on FacebookShare on Twitter


Being an intelligent enterprise is all about co-innovating and integrating.

By Sindhu Gangadharan

Related posts

EXCLUSIVE – Crypto giant Binance controlled ‘independent’ US affiliate’s bank accounts

EXCLUSIVE – Crypto giant Binance controlled ‘independent’ US affiliate’s bank accounts

June 5, 2023
Why investing just to save tax may be bad for you

Why investing just to save tax may be bad for you

June 5, 2023

The Intelligent Enterprise strategy is a roadmap for the future of business. Intelligent enterprises run agile, integrated business processes and use powerful technologies such as Artificial Intelligence (AI), Machine Learning (ML), Blockchain, Internet of Things (IoT) to sense opportunities, risks and trends. They turn insights into actions by leveraging the data intelligence across every part of the business in real-time. In an intelligent enterprise, data-driven innovation, process automation, new business models and exceptional customer experiences are more quickly achieved.

Intelligent enterprises understand the promise that digitalisation holds for any given company. Every company that wishes to be profitable can do so by becoming an intelligent enterprise. Embedding intelligence into processes creates organisational agility and increases efficiency by providing insights to adapt to challenges. Business leaders need to create an environment where their employees can innovate, irrespective of challenges they face. In the new normal, developing a data mindset will differentiate leaders from the laggards. By leveraging data in the right way, businesses can be more proactive and anticipate future actions, customer expectations, deliver more, optimise processes and mitigate risks.

Co-innovation and integration

Being an intelligent enterprise is all about co-innovating and integrating. It is crucial to collaborate with industry partners, suppliers, customers and leverage current infrastructure and technologies, to bring in intelligent solutions.

Innovation is the core of an intelligent enterprise as it positions it uniquely as a high performing business. For example, if we take the Intelligent Enterprise framework for the industrial machinery and component industries, it would mean building equipment and machinery that are digitally enabled to help their customers improve their top-line revenue. But at the same time, it would also mean using that type of machinery for their operations and thereby reducing their bottom-line operational cost. To do this, companies in this space are pursuing five strategic priorities:

  • Focusing on customers to understand what they want and need and not what they are driven by
  • Serving the segment of one—meaning, customising products to meet the individual needs of the customer but at scale— mass customisation so that customers can get what they want
  • Substitute physical products with digital to provide offerings that can talk to each other and take decisions
  • Build products with next-generation supply chain and manufacturing processes so that they connect to all aspects of the business and act taking into account external factors, for example demand or supply fluctuations or changes in customer configuration orders
  • Explore ways to increase revenue, through new business models such as outcome as a service.

The Covid-19 pandemic has forced business leaders to re-look at the way they work and run their business operations. In an intelligent enterprise, HR leaders can play a vital role by improving business performance through a holistic talent strategy. Covid-19 has demonstrated that there’s nothing structured or sure about businesses and the marketplace. Organisations can, therefore, gain by adopting an intelligent enterprise mindset.

(The writer is senior vice-president and managing director, SAP Labs India. Views expressed are personal.)

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.





Source link

Previous Post

Turn around: How fintechs leveraged opportunity to offer credit at lesser rates, win loyal customer pool

Next Post

Ten Parameters of Good Corporate Culture

Related Posts

EXCLUSIVE – Crypto giant Binance controlled ‘independent’ US affiliate’s bank accounts
Business

EXCLUSIVE – Crypto giant Binance controlled ‘independent’ US affiliate’s bank accounts

June 5, 2023
Why investing just to save tax may be bad for you
Business

Why investing just to save tax may be bad for you

June 5, 2023
Share Market outlook today: Nifty, Bank Nifty may to gain on positive global cues; check support, resistance
Business

Share Market outlook today: Nifty, Bank Nifty may to gain on positive global cues; check support, resistance

June 5, 2023
Startup group of G20 calls for $1-trillion commitment
Business

Startup group of G20 calls for $1-trillion commitment

June 5, 2023
DHARAKSHA: Converting rice straw stubble to sustainable packaging material
Business

DHARAKSHA: Converting rice straw stubble to sustainable packaging material

June 4, 2023
Amrita Hospital, Kochi opens two new research centres; announces Rs 65 Crore for charitable care
Business

Amrita Hospital, Kochi opens two new research centres; announces Rs 65 Crore for charitable care

June 4, 2023
Next Post

Ten Parameters of Good Corporate Culture

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

India-Nepal Startup Summit 2024 Commences In Kathmandu | India News

India-Nepal Startup Summit 2024 Commences In Kathmandu | India News

6 months ago
Trouble Ahead For Netanyahu? Iran Claims It Has Thousands Of Israel’s Nuclear Secrets | World News

Trouble Ahead For Netanyahu? Iran Claims It Has Thousands Of Israel’s Nuclear Secrets | World News

5 days ago
Branch raises $50M to offer bundled auto & home insurance via an API – TechCrunch

Branch raises $50M to offer bundled auto & home insurance via an API – TechCrunch

4 years ago
‘Congress Wants To Make Hindus Second-Class Citizens…’: PM Modi In Telangana | India News

‘Congress Wants To Make Hindus Second-Class Citizens…’: PM Modi In Telangana | India News

1 year ago

BROWSE BY CATEGORIES

  • Animals
  • Architecture
  • Automobiles
  • Business
  • Culture
  • Fitness
  • International
  • Lifestyle
  • Movies
  • National
  • Sports
  • Technology
  • Travel

BROWSE BY TOPICS

Architecture culture Fitness indian architecture indian culture indian culture and heritage indian news lifestyle national news Technology technology news Travel travelling

About Us

Awaj Ludhiana Ki

Address

2667/3, Kishore Nagar, Tajpur & Jail Road, Ludhiana – 141008

Recent News

  • Nuclear Sites Bombed, IRGC Chief And Top Nuke Scientist Killed In Israeli Strikes On Iran – Details | World News
  • Inevitable War? Israel Has Hit Iran, But What Tehran Knows May Change Everything | World News
  • Ahmedabad Plane Crash: Miracle On Seat 11A; Passenger Survives Fatal Crash With Minor Injuries | India News
  • Ahmedabad Plane Crash: Flight Crashes Into Hostel, Uneaten Food On Tables Shows Haunting Scenes Of Incident | WATCH VIDEO | India News
  • PM Modi-Carney G7 Meeting Opportunity To Explore Pathways To Reset India-Canada Ties: MEA | India News

Category

  • Animals
  • Architecture
  • Automobiles
  • Business
  • Culture
  • Fitness
  • International
  • Lifestyle
  • Movies
  • National
  • Sports
  • Technology
  • Travel

Search

No Result
View All Result

Email

contact@awajludhianaki.org

  • About
  • Advertise
  • Careers

Copyright © 2019 Awaj Ludhiana Ki or it's affiliates | Website by Awaj Ludhiana Ki Team

No Result
View All Result
  • Home
  • Contact us
  • Animals
  • Architecture
  • Automobiles
  • Business
  • Culture
  • Fashion
  • Fitness
  • Food
  • International
  • Lifestyle
  • Movies
  • National
  • Sports
  • Technology
  • Travel
  • Punjab

Copyright © 2019 Awaj Ludhiana Ki or it's affiliates | Website by Awaj Ludhiana Ki Team

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In