Business Wire

SAP S/4HANA Helping Nordic Firms Grow After Pandemic

Share

Enterprises in the Nordics are resuming SAP S/4HANA transformations they put on hold during the COVID-19 pandemic, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.

The 2022 ISG Provider Lens™ SAP Ecosystem report for the Nordics finds many Nordic enterprises started moving SAP applications into the cloud during the pandemic so they could reach their customers online. As the pandemic recedes, they are expanding their S/4HANA implementations to bounce back to pre-pandemic levels of business. This trend is expected to continue.

“More Nordic companies are now adopting SAP services to become more agile in enterprise planning and financial operations. These companies are funding such products by cost-effectively outsourcing the management of SAP applications and platforms,” said Yadu Singh, EMEA lead, Digital Platforms and Solutions, for ISG. “With service providers’ help, they are more able to focus on business expansion.”

Companies involved in retail, manufacturing, supply chains and niche industries such as forestry lead in the growing adoption of S/4HANA, the report says. Along with overall growth in outsourcing and cloud migration in the region, the impending end of support for SAP’s on-premises ERP applications is leading enterprises to move to S/4HANA.

Service providers in the Nordics introduced new tools and accelerators during the pandemic to help clients become more efficient, reduce costs and launch new products and services more quickly, ISG says.

“Providers are using AI and automation to make their tools more useful to clients,” said Jan Erik Aase, partner and global leader, ISG Provider Lens Research. “Many also offer cloud management platforms.”

The focus on meeting environmental, social and governance (ESG) goals in the Nordics, a leading region for this trend, is another factor driving S/4HANA transformations, ISG says. Enterprises are adopting S/4HANA solutions to enhance their ability to measure, assess and reduce carbon emissions throughout their infrastructure and operations.

As they move to the cloud and implement S/4HANA, many organizations are also working on integrating their SAP and non-SAP applications through SAP Business Technology Platform (BTP), the report says. This integration is helping them take advantage of enterprise data to plan and execute business expansions.

The report also explores other SAP ecosystem trends in the Nordics, including the continuing preference for local service providers, a skills shortage that providers are working to overcome, and the impact of the RISE with SAP program.

The 2022 ISG Provider Lens™ SAP Ecosystem report for the Nordics evaluates the capabilities of 30 providers across four quadrants: SAP S/4HANA System Transformation, Managed Application Services for SAP ERP, Managed Platform and Cloud Services for SAP, and SAP Business Technology Platform.

The report names Accenture, Capgemini, HCL, TCS and Tietoevry as Leaders in all four quadrants. It names Atos, IBM and Infosys as Leaders in three quadrants each. Cognizant and Tech Mahindra are named as Leaders in two quadrants and NTT DATA and Wipro are named as Leaders in one quadrant each.

In addition, Cognizant, Infosys, Tech Mahindra and Wipro are named as Rising Stars — companies with a “promising portfolio” and “high future potential” by ISG’s definition — in one quadrant each.

Customized versions of the report are available from Atos and Tietoevry.

The 2022 ISG Provider Lens™ SAP Ecosystem report for the Nordics is available to subscribers or for one-time purchase on this webpage.

About ISG Provider Lens™ Research

The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG's global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG's enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Canada, Brazil, the U.K., France, Benelux, Germany, Switzerland, the Nordics, Australia and Singapore/Malaysia, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this webpage.

A companion research series, the ISG Provider Lens Archetype reports, offer a first-of-its-kind evaluation of providers from the perspective of specific buyer types.

About ISG

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 800 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Press:

Will Thoretz, ISG
+1 203 517 3119
will.thoretz@isg-one.com

Julianna Sheridan, Matter Communications for ISG
+1 978-518-4520
isg@matternow.com

About Business Wire

Business Wire
Business Wire



Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

O-RAN ALLIANCE Announces Key Topics at the Open RAN Summit at Fyuz, Global PlugFest Fall 2022 and a New Set of O-RAN Demos26.9.2022 19:45:00 CEST | Press release

O-RAN ALLIANCE: Key topics at the Open RAN Summit @ Fyuz 2022 brought by the O-RAN ALLIANCE The Open RAN Summit @ Fyuz, powered by O-RAN ALLIANCE and Telecom Infra Project, will take place in Madrid on October 25-26, 2022. As a main partner of the event, O-RAN ALLIANCE brings key topics to the agenda and invites utmost erudite speakers. Join the event to get the latest news and views on: O-RAN ALLIANCE and TIP cooperation Established operators worldwide showcasing how they are overcoming Open RAN challenges and moving forward with deployments Open RAN cloudification options and realities Achievements and challenges on the open RAN supply side, along with insights into value chain evolution Rich variety of Open RAN deployment paths tailored to meet diverse operator’s needs How the testing and integration work is critical to making Open RAN a success What’s behind the hype of the RAN Intelligent Controllers and how an empowered ecosystem delivers customized operator value And many more i

Boomi Appoints Mark Fields to Its Board of Directors26.9.2022 18:00:00 CEST | Press release

Boomi™, the intelligent connectivity and automation leader, today announced the appointment of former CEO of Ford Motor Company Mark Fields as an independent, non-executive member of its Board of Directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220919005019/en/ Boomi Appoints Mark Fields to Board of Directors (Graphic: Business Wire) “As Boomi continues its rapid growth, we’re excited to attract sought-after leaders to join our mission to make the world a better place by connecting everyone to everything, anywhere,” said David Meredith, CEO at Boomi. “Mark’s exceptional track record as a leader, advisor and visionary — coupled with our award-winning technology and innovation — helps position Boomi to deliver superior outcomes for even more customers.” Mark Fields As former CEO of Ford Motor Company, Fields brings three decades of experience driving innovation and business transformation initiatives across multi-bill

ONWARD Announces Appointment of Vivian Riefberg to Board of Directors26.9.2022 17:30:00 CEST | Press release

ONWARD Medical N.V. (Euronext: ONWD), the medical technology company creating innovative therapies to restore movement, independence, and health in people with spinal cord injury, today announced the appointment of Vivian Riefberg as a non-executive member of its Board of Directors. Ms. Riefberg will join the Board immediately and will serve on its Compensation Committee. Her appointment to the Board will be presented for shareholder approval at the next Annual General Meeting. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220926005494/en/ Vivian Riefberg joins the ONWARD Medical Board of Directors (Photo: Business Wire) “Vivian Riefberg is a distinguished expert in health care, government, and strategy. I am excited and honored to welcome her to our Board”, said Dave Marver, Chief Executive Officer. “Vivian brings a rich understanding of the institutions with which we will collaborate to bring our novel therapies to market

ComTech Gold $CGO Becomes the First 100% Gold Backed Token to Receive Shariah Certification in the MENA Region26.9.2022 17:25:00 CEST | Press release

ComTech FZCO receives Shariah Compliance Certification for ComTech Gold Token (CGO), becoming the first in industry to be awarded a Shariah certification for Gold tokenization product in the Region. Shariah certification (Fatwa) was issued by Amanie Advisors Ltd, an entity specialising in field of Shariah-compliant investments and Islamic finance solutions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220926005591/en/ ComTech Gold $CGO receives Shariah Certification from Amanie Advisors (Photo: AETOSWire) ComTech FZCO, a Dubai-based company redefining tokenization infrastructure (for real-world assets), started with digitization of Gold powered by XDC Network. ComTech Gold ‘CGO’ is listed on Global Exchanges like LBank, Bitrue. Investors can buy CGO by opening an account with these exchanges. Investors can hold tokens within the exchange wallets or with any of the Internationally accepted wallets like D’cent, Guarda, or th

Actylis Debuts, Signaling the Creation of an Integrated Global Specialty Ingredients Manufacturing and Sourcing Powerhouse26.9.2022 17:00:00 CEST | Press release

Actylis, a leading global manufacturer and sourcing expert of critical raw materials and performance ingredients for the life sciences and specialty chemicals markets, made its debut today. The new company combines Aceto and 10 industry specialists into an integrated global ingredient powerhouse. Actylis (“Ac-till-iss”) is the culmination of an ambitious initiative launched several years ago to address the major unmet need for better and more dependable access to critical raw materials and performance ingredients essential for the manufacture of highly regulated products in key industries. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220926005021/en/ To achieve this goal, Actylis has integrated leading specialty ingredient manufacturing and sourcing companies, including A&C, A&C Bio Buffer, Aceto, Biotron Laboratories, Cascade Chemistry, Finar, Inter-Actifs, IsleChem, Pharma Waldhof, Syntor Fine Chemicals and Talus into on

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom