Digitalization will ultimately be the foundation on which insurers will build new experience management strategies to connect directly with customers and will increase market share. The rise of smart digital platforms has transformed consumer expectations. These digital-first experiences point the way for insurance companies to retake their place in their customers’ lives – and to remain relevant and competitive. Thus, digital transformation is the only journey, and you need a set of established strategic priorities to achieve all the goals. So, this article discusses industry-specific features for the engineering, construction and operations industries offered by RISE with SAP's Business Transformation [...]

Digitalization will ultimately be the foundation on which insurers will build new experience management strategies to connect directly with customers and will increase market share. The rise of smart digital platforms has transformed consumer expectations. These digital-first experiences point the way for insurance companies to retake their place in their customers’ lives – and to remain relevant and competitive. Thus, digital transformation is the only journey, and you need a set of established strategic priorities to achieve all the goals. So, this article discusses industry-specific features for the engineering, construction and operations industries offered by RISE with SAP's Business Transformation [...]

Digitalization will ultimately be the foundation on which insurers will build new experience management strategies to connect directly with customers and will increase market share. The rise of smart digital platforms has transformed consumer expectations. These digital-first experiences point the way for insurance companies to retake their place in their customers’ lives – and to remain relevant and competitive. Thus, digital transformation is the only journey, and you need a set of established strategic priorities to achieve all the goals. So, this article discusses industry-specific features for the engineering, construction and operations industries offered by RISE with SAP's Business Transformation [...]

In today’s digital world, “Technology” is transforming the insurance ecosystem not only on a large scale, but also on a fundamental level. As insurance companies are trying to manage the changing customer and partner expectations, there is an increase in competitive pressures and evolving payment methods, which can end up either a win or be hit for them. Also, with most of the legacy and billing payment systems ill-equipped to deliver value in this changing landscape, they must consider new business models that can transform these conventional systems from a traditional finance-centric function to a more customer-focused functional environment. But [...]

Banks will rethink banking from the ground up as part of Banking 4.0 since customers’ level of expectations has become the new disruptor in the conventional economy. This will have an impact on how banks connect with consumers as well as how they handle conventional bank products, procedures, and finance and risk operations. To compete in the digital era, new technology and talent must be implemented. This generation of banks will serve as a platform for digital services including a broad variety of banking and nonbanking activities. Banks will evolve from being safe havens for people's assets to financial partners [...]

Banks will rethink banking from the ground-up as part of Banking 4.0 since customers’ level of expectations has become the new disruptor in the conventional economy. This will impact how banks connect with consumers and how they handle conventional bank products, procedures, and finance and risk operations. Innovative technology and talent must be implemented to compete in the digital era. This generation of banks will serve as a platform for digital services including a broad variety of banking and nonbanking activities. Banks will evolve from being safe havens for people's assets to financial partners capable of making tailored suggestions based [...]

Banks will rethink banking from the ground up as part of Banking 4.0 since customers’ level of expectations has become the new disruptor in the conventional economy. This will impact how banks connect with consumers and how they handle conventional bank products, procedures, and finance and risk operations. Modern technology and talent must be implemented to compete in the digital era. This generation of banks will serve as a platform for digital services including a broad variety of banking and nonbanking activities. Banks will evolve from being safe havens for people's assets to financial partners capable of making tailored suggestions [...]

Banks will rethink banking from the ground up as part of Banking 4.0 since customers’ level of expectations has become the new disruptor in the conventional economy. This will have an impact on how banks connect with consumers as well as how they handle conventional bank products, procedures, and finance and risk operations. To compete in the digital era, new technology and talent must be implemented. This generation of banks will serve as a platform for digital services including a broad variety of banking and nonbanking activities. Banks will evolve from being safe havens for people's assets to financial partners [...]

Many utilities are transitioning from strictly “metering-oriented suppliers” of gas, water, and electricity to “customer-oriented full-service providers” with a diverse variety of services ranging from e-mobility and smart home solutions to fast data connections for private houses and even Industry 4.0. Meeting the needs of the above industry requirements needed a modern IT infrastructure, ideally in the cloud in whole or in part, dynamically deployable applications, and seamless connectivity. Most utilities cannot make a complete transition to the cloud at this time, owing to the lack of a comprehensive, native cloud solution. Time to know more about how the Utilities [...]

Many utilities are transitioning from strictly “metering-oriented suppliers” of gas, water, and electricity to “customer-oriented full-service providers” with a diverse variety of services ranging from e-mobility and smart home solutions to fast data connections for private houses and even Industry 4.0. Meeting the needs of the above industry requirements needed a modern IT infrastructure, ideally in the cloud in whole or in part, dynamically deployable applications, and seamless connectivity. Most utilities cannot make a complete transition to the cloud at this time, owing to the lack of a comprehensive, native cloud solution. Time to know more about how the Utilities [...]