While Muller agreed with government initiatives, she also expressed concern that with the depth and breadth of technology today, most companies don't know where to start on their digital transformation journey.
This trend is particularly worrying combined with the fact that the pace of change is so great and even as new technologies are adopted, even more revolutionary ones are already being envisioned and even tested, she said.
"Gartner thinks and expects that in the next two years, traditional business intelligence will no longer just be about looking at graphs. Instead a standard function should now move towards conversational analytics, embedded analytics, in everything," Muller said.
Leonardo gets a grip on digital transformation
According to SAP Malaysia managing director Terrence Yong (see group photo above), the most common industries that see great use for these services are the Retail, Consumer Products, Discrete Manufacturing, as well as Sports and Entertainment sectors.
Yong cited the example of Cenviro, a Khazanah company which leads in the Malaysian green solutions revolution, which has successfully implemented SAP solutions and boosted its performance in an extremely niche market.
Yong added that digitisation has revolutionised every industry today, and to remain relevant in the digital economy, governments and businesses need to start their digital journey immediately if they have not started already.
"Paving the way with business models and process of innovation, we have to build on a legacy of enabling organisations from many various industries, including small and medium enterprises (SMEs), with their innovation agenda," Yong said.
He said: "As with everything SAP, simplification is the key and it is no surprise that SAP already has the resources in place to efficiently help companies that are at a loss when faced with digital transformation. Just months ago, SAP launched Leonardo, our digital innovation platform."
Leonardo was originally what most people associated only with the Internet of Things (IoT), "but now it is that and so much more. This digital innovation platform is all about offering customers an easy way to digitise with the aim of being both robust and flexible."
Even better, Leonardo can cater to extremely specific industry needs, Yong said. "Digitisation has revolutionised every industry today. To remain relevant in the digital economy, governments and businesses need to start their digital journey immediately if they have not begun to already."
To see some other local digitisation trends articles, go to:
- Here's what happened in Malaysia's IT industry in the first three months of 2017
- How digitisation will help Khazanah subsidiary become regional environmental champion
- What Budget 2017 means for Malaysia's IT industry
- What's really in store for Malaysia's IT industry in 2017?
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