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SAP ERP Cloud Enables SKF’s Transition to the Future

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In a strategic move to enhance its global operations, SKF has selected the SAP ERP cloud solution, RISE with SAP, to modernize its IT infrastructure and integrate cutting-edge technologies such as artificial intelligence (AI) and machine learning (ML).

The transition to the SAP ERP cloud signifies SKF’s commitment to operational efficiency and adaptability in a rapidly evolving technological landscape. Transitioning to the cloud will also empower SKF to better manage its business operations, respond to new sustainability policies and regulatory changes, and enable green ledger capabilities for carbon accounting.

Pedro de Freitas, the Head of Global Digital Services at SKF, emphasized that transitioning from a traditional on-premise setup to the cloud reflects SKF’s dedication to pushing the boundaries of operational efficiency. By integrating existing SAP S/4HANA software into a more advanced cloud strategy, SKF will further enhance critical business sectors such as finance, parts supply, warehousing, supply chain, and manufacturing. This move also aligns with SKF’s broader philosophy of supporting sustainable progress and operational excellence.

Leveraging RISE with SAP ERP Cloud Solution

RISE with SAP is a comprehensive offering designed to help businesses transition to the cloud and drive continuous innovation. It provides a pathway to the SAP S/4HANA Cloud, combining SAP’s ERP software with cloud infrastructure and services. This package includes business process intelligence, migration tools, and access to SAP Business Network, which enables companies to collaborate with a global ecosystem of partners and suppliers.

For SKF, the adoption of RISE with SAP and the subsequent migration to SAP S/4HANA Cloud offers numerous benefits. Furthermore, it ensures a secure, seamless migration of their on-premise ERP system to the cloud. Additionally, it provides real-time operational insights and embedded intelligence, enabling SKF to make data-driven business decisions. The integration of business AI into SKF’s processes will align with its internal AI strategies, enhancing efficiency and sustainability.

Moreover, SKF’s commitment to reducing friction and optimizing energy use is pivotal. Approximately 20% of global energy consumption is attributed to overcoming friction, and SKF’s products play a crucial role in multiple industries, including transport, agriculture, and food and beverage. Their solutions are designed to reduce friction and maintain optimal temperature and speed, leading to efficient production outputs.

The Role of AI and Sustainability

Emmanuel Raptopoulos, president of SAP Europe Middle East and Africa, highlighted the significance of AI- and cloud-driven solutions in enhancing efficiency, resilience, and sustainability for customers like SKF. He noted that SAP’s long-standing collaboration with SKF would continue to foster innovative solutions and streamline processes.

By leveraging the capabilities of RISE with SAP, SKF will be able to embed relevant and responsible business AI directly into their operations. This integration will facilitate smarter, more sustainable practices that are essential for maintaining their competitive edge in a rapidly changing market.

SKF’s decision to embrace the SAP ERP cloud through RISE with SAP represents a forward-thinking approach to managing and optimizing its global operations. This transition not only enhances their operational efficiency but also aligns with their sustainability goals. By incorporating advanced technologies such as AI and machine learning, SKF is well-positioned to navigate the complexities of modern business environments and drive continuous innovation.

With the support of SAP’s comprehensive cloud solutions, SKF is set to achieve new levels of operational excellence, resilience, and sustainability. This strategic move underscores the importance of adaptability and technological advancement in achieving long-term business success.

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