{"id":12440,"date":"2014-12-15T14:22:01","date_gmt":"2014-12-15T13:22:01","guid":{"rendered":"http:\/\/timoelliott.com\/blog\/?p=6877"},"modified":"2021-08-16T18:26:35","modified_gmt":"2021-08-16T16:26:35","slug":"business-innovation-through-technology","status":"publish","type":"post","link":"https:\/\/timoelliott.com\/blog\/2014\/12\/business-innovation-through-technology.html","title":{"rendered":"Business Innovation Through Technology"},"content":{"rendered":"<p>Please find below a video of the presentation I did at the recent SAP Select event in Berlin.<\/p>\n<p>The goal of the 24-minute presentation was to avoid innovation theory and instead talk about eleven real-life organizations that are doing something different thanks to the availability of new technologies.<\/p>\n<blockquote><p>&#8220;The biggest barrier to business innovation today is not the lack of new technology &#8212; it&#8217;s making that technology simple to use and deploy&#8221;<\/p><\/blockquote>\n<p>The presentation is grouped into the four main areas where\u00a0organizations have the biggest new opportunity to change the way they do business, using technology to:<\/p>\n<ul>\n<li>Get\u00a0closer to customers &#8212; more personalized customer service, understanding customer needs, creating new products and services, etc. (4 examples)<\/li>\n<li>Empowering employees &#8212; innovation is impossible unless employees embrace the change, so it&#8217;s essential to help employees understand their part in corporate strategy, and make sure\u00a0the right people are engaged (2 examples)<\/li>\n<li>Optimizing the use of resources &#8212; real-time systems and sensors result in the &#8220;datafication&#8221; of previously invisible processes, which can then be analyzed and optimized. (4 examples)<\/li>\n<li>Improve ties to customers, partners, and suppliers as part of the new &#8220;networked economy&#8221; (1 example)<\/li>\n<\/ul>\n<p>One key trend is that all organizations are now &#8220;powered by information&#8221;, and this means there&#8217;s a big opportunity to learn from best practices in completely different industries. Whatever your sector\u00a0or line of business, I believe that there\u00a0are elements in each of these examples\u00a0that you\u00a0can apply to\u00a0your\u00a0business.<\/p>\n<p><iframe loading=\"lazy\" src=\"\/\/www.youtube.com\/embed\/7PSkLb5ab9s\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Presentation by Timo Elliott at SAP Select Berlin 2014 &#8212; examples of organizations using the latest technologies to &#8220;simply&#8221; transform the way they do business: getting closer to customers, empowering employees, optimizing resources in real time, and harnessing the full potential of the networked economy. <\/p>\n","protected":false},"author":2,"featured_media":6881,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5],"tags":[100,156,173,204,254,618,743,911,916,922,931,943,984],"class_list":["post-12440","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-conferences","tag-analytics","tag-berlin","tag-big-data","tag-business-intelligence","tag-cloud","tag-innovation","tag-mobile","tag-sap","tag-sap-hana","tag-sap-select","tag-saphana","tag-sapselect","tag-social"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p3X9RF-3eE","_links":{"self":[{"href":"https:\/\/timoelliott.com\/blog\/wp-json\/wp\/v2\/posts\/12440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/timoelliott.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/timoelliott.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/timoelliott.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/timoelliott.com\/blog\/wp-json\/wp\/v2\/comments?post=12440"}],"version-history":[{"count":1,"href":"https:\/\/timoelliott.com\/blog\/wp-json\/wp\/v2\/posts\/12440\/revisions"}],"predecessor-version":[{"id":20547,"href":"https:\/\/timoelliott.com\/blog\/wp-json\/wp\/v2\/posts\/12440\/revisions\/20547"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/timoelliott.com\/blog\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/timoelliott.com\/blog\/wp-json\/wp\/v2\/media?parent=12440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timoelliott.com\/blog\/wp-json\/wp\/v2\/categories?post=12440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timoelliott.com\/blog\/wp-json\/wp\/v2\/tags?post=12440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}