By Douglas Busvine
BERLIN (Reuters) – The customers of software group SAP <SAPG.DE> are suffering severe declines in revenue and earnings while at the same time facing intensifying pressure to hike IT spending to go digital, a survey showed on Monday.
The poll of SAP’s German-speaking user community found that nearly three-quarters were experiencing sharp drops in revenue. At the same time, over four-fifths said the coronavirus pandemic made digital transformation a more pressing task.
“At the centre of this crisis is the need for businesses to do more with less,” said Marco Lenck, chairman of the German-speaking DSAG user group that commissioned the survey.
The DSAG, which represents 3,700 businesses, is an influential lobby that has called on SAP to make it easier to upgrade systems traditionally hosted on site to run in remote datacentres.
Such cloud hosting makes it easier for firms to scale up or pare back their business process operations in line with need. But the initial cost and difficulty of making that move deters many.
SAP’s new CEO, Christian Klein, welcomed the DSAG survey’s findings, which he said were representative of how the group’s global business was performing.
Klein told a joint briefing with the DSAG that SAP had taken on board calls to improve integration between its four main processes: sales, procurement, human resources and supply chain management.
Work on creating a common data model, user interface and consistent security and identity management in these four areas was now 57% complete, he said. By the end of the year, 90% of the job will be done.
Klein also said that, given the cost pressures that some clients were facing, for example in the airlines sector, SAP was offering flexible payment terms to help ride out the economic slump.
“We expect the transformation in the
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- It is time to change our mental structures as human beings to understand that we are all one and that we depend on others, for this reason empathy and solidarity are two values that must prevail forever.
The pandemic has represented many challenges for small and medium-sized companies (SMEs), all these events have led them to adapt and create new habits that include new technologies and sales through digital channels.
CONTPAQi, an electronic invoicing company, is aware of the challenge that adapting to the new reality has implied for SMEs and that is why from July 20 to 24 it organized a congress through videoconferences in which the points were presented from the point of view of various personalities in business, communication, tax regulation, marketing, human resources and innovation issues, all of the above in order to mitigate this complicated situation they are experiencing and strengthen their capacity to face new challenges.
The event called Profit has been held for the fourth consecutive year, but this is the first time virtually. Issues related to the crisis were addressed as a driver for the digital evolution of SMEs, on cybersecurity as well as the impact of the new reality on economic structures and the traditional culture of business productivity.
Think different to get different results
René Martín Torres Fragoso, general director and co-founder of CONTPAQi, indicates that today one of the most important challenges is not only technological innovation, since many of the technologies that we currently use already existed for years, rather it is innovation mental and administrative, the most relevant change is not that of companies or
By now, you’ve hopefully gathered a vast collection of face masks. The Centers for Disease Control and Prevention recommends all Americans over the age of 2 wear some sort of face covering in public, whether it’s at school, the grocery store, or back to the office, and if you need to stock up on protective gear, you’ll want to head over to Amazon this weekend.
The retail giant has a massive selection of face masks and shields, but there’s a secret way Prime members can score them for less. Amazon has a section called Just for Prime that’s filled with thousands of discounted disposable and reusable face mask options.
Disposable Face Masks Deals for Prime Members:
If you’re going the disposable route, the Eventronic filtered masks have over 1,400 five-star reviews from customers who say their snug fit makes them easy to wear with glasses. Prime members can score a pack of 50 for just under $10. For those wanting a more stylish disposable option (read: not your regular blue surgical mask), these sleek all-black face masks might be your best option. They’re made from three layers that are designed to offer comfort and breathability, but that also effectively filter particulate pollutants in the air.
Buy It! Eventronic Disposable Filter Masks, $9.87 (orig. $10.97); amazon.com; Eventronic 3-Ply Breathable Face Masks with Comfortable Elastic Ear Loop, $14.39 (orig. $19.99); amazon.com
Reusable Face Mask Deals for Prime Members:
Since wearing a face mask will be our new normal for the foreseeable future, it’s a good idea to invest in some reusable options, too. Anyone can save $2 on this four-pack of pleated face masks by clipping the special coupon, but Prime members can save just a little more on them. For something a little more fun, this pack of eight
If two markets are pretty much guaranteed to make money over the next decade separately it’s artificial intelligence and cannabis. Together, the pair could form a perfect storm thanks to COVID-19 driving demand. Cannabis is more popular than ever thanks to lockdowns and vape technology and the market is predicted to be worth $76.3 billion by 2027). A.I. adds new business benefits for the industry that the COVID boom could mean big changes ahead for regulation.
Adrian Holguin, CEO of CannaShark Consulting, started consulting for cannabis companies in 2017, and in three years he says the changes have been dramatic. Previously a Silicon Valley alum working in intellectual property and patents and trademark work, Holguin, now works with entrepreneurs and startups entering the cannabis industry and is bullish on the impact that AI is having: “The use of A.I. sensors allows us to keep track of every element of the cultivation process such as water level, P.H. level, temperature, nutrient feed, etc. A.I. will also help in a lot of the automation process. Indoor growing has a history of heavy resource consumption for water and electricity, Artificial Intelligence and robotics allow the cultivating process to be more efficient and effective.”
Holguin, believes the future of the pairing will help not only with environmental controls and quality control but A.I. also offers more business operations benefits; “A.I. can help with cost-benefit analyses of purchasing manufacturing equipment or analyzing risks before implementing new techniques into the grow-process. If the use of A.I. in cannabis continues to go down the same path as big agriculture, it will ultimately help to reduce the costs of labor.”
Park Seo-Jun is now the face of BYS cosmetics
I have personally met Korean superstar Park Seo-Jun. It was for only 15 minutes, and it was an interview and not a social gathering, but it counts, right? Approximately around the same time last year, I was face to face with this man of many fans’ fantasies. He was in the country as the global endorser of Bench. I hope he didn’t get the impression that I was staring at him, but I marveled at his flawless skin with a little bit of envy. Coupled with his casual and easy demeanor, I thought that he was quite cool.
A year later, Park Seo-Jun and I meet again — though not personally. It is unfortunately not meant to be. He has been announced as the face of BYS Cosmetics Philippines, and rightfully so.
BYS was established in Melbourne, Australia, in 2004. The popular beauty brand has been in the country since 2012 and to celebrate its eighth anniversary, announced the endorsement of one of the most sought-after Korean celebrities.
“BYS has always prided itself on being a relevant brand,” says Angie Goyena of BYS Philippines. “Since the Hallyu wave is at its peak, we’ve chosen one of the biggest K-drama stars to be the cheerleader of the brand and encourage women to ‘Be the Extra in the Ordinary.’”
The company shares the same values as Park Seo-Jun, such as being professional, on-trend, accessible and customer-oriented (in Park Seo-Jun’s case, it’s fan-oriented).
“I believe the products of BYS Philippines can help you express and bring out your best selves, and allow you to move ahead and Be the Extra in the Ordinary,” says the handsome actor.