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New Recurring Revenue Solutions in the Global Semiconductor Industry

Wed, Mar 20, 2024 @ 01:03 PM / by David Fellers posted in CEO perspective, Thought Leadership, Order to cash, semiconductors, recurring revenue

In recent years, the semiconductor industry has experienced a roller coaster ride of widely swinging changes in both challenges and opportunities. During the pandemic, the mass movement to work-from-home scenarios and heavy reliance on networked applications drove demand up at the same time that global supply chains were severely disrupted. Then, in the past two years, the meteoric rise of artificial intelligence with generative-AI applications popping up seemingly everywhere has been driving another peak in demand for chip makers.

In addition, geopolitical concerns about semiconductor IP and manufacturing are also significantly influencing decisions on where semiconductor foundries and assembly facilities should be located and whether advanced chip designs should be banned from export to certain countries.

According to the Semiconductor Industry Association (SIA), the industry will see a 13% sales rise in 2024, after declining 8.2% in 2023, while Gartner, Inc. forecasts that global semiconductor revenue will grow 16.8% in 2024 to total $624 billion.  International Data Corporation (IDC) also upgraded its Semiconductor Market Outlook, calling for a return to growth, with a 20.2% increase to $633 billion in 2024.

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How SAP ERP Clean Core Helps Minimize Digital Debt and Enhance Agility

Thu, Mar 7, 2024 @ 03:18 PM / by David Fellers posted in s4/hana cloud, CEO perspective, Thought Leadership, RISE with SAP, clean core

Recent posts in this series have provided updates on SAP RISE and GROW, with a focus on how they can help streamline the path for companies migrating to SAP public and private cloud editions.  This new episode drills down into the concept of maintaining a "clean core" in your ERP system to assure a solid foundation that minimizes unnecessary customization, which could impede organizational agility going forward.

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SAP Delivers Scalability and Flexibility for Quote-to-Cash to Compliance in the Telecom Industry

Sat, Feb 10, 2024 @ 12:49 PM / by David Fellers posted in SAP RAR, CEO perspective, S/4HANA, Thought Leadership, SAP BRIM, SAP GROW

As this blog series continues to explore optimizing quote-to-cash (QTC) to compliance for different industries, in this episode we dive into the special challenges faced by companies in the telecom sector and address how solutions in the SAP portfolio help overcome them.

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Optimizing Order-to-Cash-to-Compliance for SaaS Offerings

Thu, Jan 18, 2024 @ 08:50 AM / by David Fellers posted in SAP RAR, CEO perspective, Thought Leadership, Order to cash, Sales Order Management, EBRR

Previously in this blog series, we have discussed the impacts of the Digital Solutions Economy™ (DSE) on the software and SaaS sector. This new post provides a deeper dive into the key issues involved with optimizing end-to-end Order-to-Cash (OTC) and revenue recognition compliance for SaaS offerings.

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Change Management is Key to Digital Transformation Success

Tue, Jan 2, 2024 @ 02:21 PM / by David Fellers posted in S/4 HANA Cloud, S4HANA, CEO perspective, Thought Leadership, change management

In today's fast-paced business environment, digital transformation has become a necessity rather than a luxury. Organizations are constantly seeking ways to evolve and stay competitive in the digital age.

However, implementing digital transformation projects is not as simple as adopting new technology. It involves a complex process of redefining workflows, business models, and employee roles. This is where change management plays a crucial role. In this blog post, we will delve into what change management is, explore its key aspects, and discuss how it provides benefits for digital transformation projects.

What is Change Management?

Change management has been around a long time as a structured approach to transitioning individuals, teams, and organizations from their current state to a desired future state. It involves planning, implementing, and monitoring changes systematically, aiming to minimize resistance and maximize the benefits of change. In the context of digital transformation, change management focuses on guiding people through the shifts required by technology adoption and process reengineering.

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Four Key Technology Trends to Watch in 2024

Thu, Dec 14, 2023 @ 04:47 PM / by David Fellers posted in S/4 HANA Cloud, CEO perspective, Thought Leadership, AI, carbon accounting

As we come to the end of another year, this is a good opportunity to look ahead at the key trends to watch during 2024.

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Six Key Factors for Building an Expert Professional Services Company

Mon, Nov 13, 2023 @ 05:28 AM / by David Fellers posted in professional services, CEO perspective, Thought Leadership

In previous blog posts, we have addressed the challenges and opportunities regarding digital transformation and the Digital Solutions Economy (DSE) across a range of industries including, software & SaaS, semiconductors, media & entertainment, medical devices, transportation, electronics manufacturingenergy, and utilities.

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Using Specialists for Revenue Recognition and Quote-to-Cash Projects Can Increase Value and Lower Risk

Tue, Oct 31, 2023 @ 12:06 PM / by David Fellers posted in revenue recognition, SAP RAR, revrec, CEO perspective, SAP BRIM, quote to cash, QTC

Most of us have encountered situations that call for turning to specialists with deep expertise in a specific area whenever it is critical for our health or safety.

For example, if tests conducted by your primary physician show problems with your heart, you'd expect a referral to a cardiologist rather than having your general practitioner do surgery in their office.  Or if the construction of your dream home encounters issues with soil stability in an earthquake prone area, your general contractor can be expected to bring in a trained geological specialist to deal with the situation. 

In business, the same concept holds true; especially for situations such as optimizing revenue recognition and reporting compliance for subscription-based product and service offerings, which often include complex entitlements, usage-based scenarios, bundled elements, and/or dynamic, on-the-fly, customer-driven changes within the end-to-end Quote-to-Cash process.

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How SAP Signavio Enhances Process Modeling and Transformation

Tue, Oct 24, 2023 @ 09:03 AM / by Bramasol posted in S/4 HANA Cloud, CEO perspective, S/4HANA, Thought Leadership, Signavio

Previous posts in this blog series have addressed how SAP solutions such as Quote-to-Cash (QTC), the Billing and Revenue Innovation Management (BRIM) portfolio, and Revenue Accounting and Reporting (RAR) can be meshed seamlessly to integrate frontend and backend processes for subscription-based Digital Solutions Economy (DSE) offerings.  We have also explored how SAP RISE and GROW can enhance and streamline overall implementations.

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How Generative AI is Impacting the Digital Solutions Economy

Sun, Sep 10, 2023 @ 07:22 AM / by David Fellers posted in CEO perspective, Thought Leadership, AI, Digital Solutions Economy, DSE

This new blog post in our ongoing series about the Digital Solutions Economy™ (DSE) looks at how new developments in Artificial Intelligence (AI) are impacting the ways that companies deploy and manage subscription-based, usage-based, entitlements, ratable, bundled, and other DSE offerings.

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