Leveraging Networks in the Era of the Intelligent Enterprise

Over the past few decades, technology has become an increasingly present force in our daily lives, both personally and professionally.

Intelligent technologies have particularly made waves in virtually every industry, so understanding them (as well as how to use them to your advantage) can really be the game changer.

Additionally, making sure that you not only understand all of these opportunities but are in regular communication with other networks, will keep you ahead of the game in an invaluable way.

The Era of Intelligent Enterprise

In intelligent enterprises, intelligence feeds innovation through data.

These enterprises use streamlined processes that can quickly and effectively adapt to changing conditions within the market.

Because of this quick adaption, companies are able to react to new opportunities and information in a way that improves customers interactions and introduces new business models and revenue streams.

Additionally, employees are able to redirect their energies and focus on tasks of higher value since these other processes are already taken care of thanks to technological innovation.

Basically, it’s important to adapt and communicate if you want to keep up with innovation. And, if you want your business to grow and thrive, this is less of an option and more of a necessity.

Intelligent Technologies

Introducing combinations of intelligent technologies, services and industry expertise makes it possible to unlock product and service innovation.

This is done through the incorporation of various intelligent technologies into a business’s overall approach. Examples include artificial intelligence, machine learning, the Internet of Things and blockchain.

Artificial Intelligence has been around for quite some time now, giving it the chance to grow and develop across industries. It brings about better semantics for an improved search experience which any business can capitalize on with the proper understanding and knowledge. It’s revolutionized digital business and is a force to be reckoned with!

Machine Learning can be combined with artificial intelligence to build an intelligent enterprise. The combination gives you the opportunity to unite human expertise and computer insights. It’s critical to capitalize on the strengths of both to fill in pretty much any gaps in the equation.

The Internet of Things is, simply put, a network of physical objects that use sensors and application programming interfaces (APIs) to connect and exchange data. This can involve anything from vehicles to machines or even home appliances. This data is exchanged over the Internet through key technologies like Big Data management tools, predictive analytics, the cloud and more.

Lastly, blockchain helps simplify complex multi-party processes and create a solid trust among participants. It is a system in which a record of transactions made in cryptocurrency (such as bitcoin) are maintained across numerous computers linked in a network. It’s possibly one of the most critical technologies to keep in mind in terms of networking!

Importance of Leveraging Networks

Levering your networks is incredibly important in terms of staying up to date with intelligent technologies and protecting your intellectual creations.

It also comes in handy with identifying the right mix of intelligent technologies to set the baseline for the creation of fresh and innovative products and services.

Ultimately, this all can contribute to the optimization of efficiency and reliability as well as extend processes to capture new sources of value or transform your value chain or business model.

The market is competitive since new and innovative products and services are created every day with patents on a global scale to match. Human innovation has giving business a chance to spread throughout the world and form a complete business unit.

Patents for intelligent technologies are merely continuing this trend. By leveraging networks, you stay a part of this global grid and keep yourself in the loop, even with the incredibly fast pace of modern technological innovation.

Leveraging networks has pretty much always been important in the world of business regardless of industry, but now it may be more important than ever.

If you aren’t in the loop with the global network of technological innovation, it is incredibly easy to fall behind and not enjoy the benefits of keeping up to date.

The era of intelligent enterprise can be intimidating, but once you figure out all of the logistics, there is a world of opportunity at your fingertips.

This blog was originally posted on SAP INNOVATION SPOTLIGHT. Please follow me on Twitter and LinkedIn.

I look forward to your feedback and to sharing knowledge with you!

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