SAP Korea hosted its SAP Innovation Day Roadshow on September 4th and 5th, bringing together approximately 400 manufacturing executives from the Yeongnam region. The event, aimed at driving digital transformation, showcased innovative solutions tailored to the needs of manufacturing companies in Daegu and Busan. SAP Korea’s focus was on introducing technologies that can help local businesses enhance their operational efficiency while competing on a global stage. This year’s event built on the success of the previous year, expanding its scale and attendance to meet growing demand. (InsideSAP Asia often references articles from websites in other languages to bring you as much information as possible.)

At the heart of the event was SAP’s emphasis on AI-based supply chain innovations, which offer businesses a powerful tool for modernizing operations and staying competitive in today’s fast-evolving markets. SAP introduced various solutions, such as the SAP S/4HANA Cloud platform, designed to help companies streamline their financial and operational processes. By leveraging this technology, manufacturing firms can integrate their supply chain and production activities, ultimately improving their ability to respond to market changes and regulatory demands.

Showcasing Digital Transformation and Strategic Partnerships

During the SAP Innovation Day Roadshow, SAP Korea also collaborated with key partners like Microsoft, Dongkuk Systems, Metanet Global, and GS ITM to highlight a range of innovative solutions. The event featured multiple sessions, including live demonstrations, customer case studies, and presentations on compliance with Environmental, Social, and Governance (ESG) regulations. These sessions provided attendees with practical insights into how SAP solutions could address specific challenges within their industries.

One of the standout aspects of the event was the involvement of industry leaders, who helped facilitate discussions on AI advancements and their impact on supply chains. SAP’s digital manufacturing solutions were a key focus, offering manufacturing companies tools to modernize their operations. The event also aimed to support these businesses in achieving successful digital transformation, enabling them to keep pace with the technological demands of a rapidly changing global market.

SAP Korea’s Commitment to Innovation

Shin Young-young, CEO of SAP Korea, further emphasized the importance of these innovations for the manufacturing sector. She also noted that AI technologies, such as those integrated into supply chain solutions, are enabling businesses to boost productivity and make more informed decisions. According to Shin, SAP’s commitment to fostering innovation in the Yeongnam region, where many manufacturing firms are based, reflects the company’s broader strategy of supporting businesses in improving their operational efficiency and achieving better results.

Additionally, Shin highlighted that the event provided an important opportunity for direct interaction between participants, allowing them to engage in meaningful discussions and explore how SAP’s solutions could benefit their specific business needs. By attending the sessions and interacting with experts, executives were also able to gain practical insights and knowledge that could be applied to their respective industries.

The roadshow’s success underscores the growing interest in SAP’s digital solutions, as more companies in the manufacturing sector recognize the potential of AI-driven technologies to drive business improvements. SAP Korea’s efforts to support these transformations demonstrate its ongoing role as a key partner for businesses aiming to achieve sustainable growth through innovation.

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The seminar commenced with a welcoming speech by Eunyoung Shin, CEO of SAP Korea, who emphasized the significance of the AI-based supply chain innovation solutions presented by SAP at the Hannover Messe. The event featured case studies from renowned companies such as SYSTEMA and Bosch, highlighting their successful implementation of SAP’s cutting-edge solutions. (InsideSAP Asia often references articles from websites in other languages to bring you as much information as possible.)

In the afternoon session, attendees engaged in a thought-provoking discussion on digital supply chain strategies and the importance of sustainability and resilience in today’s rapidly evolving business landscape. The session also included captivating case presentations and demonstrations from Zinus, Dongkuk Systems, and TeamViewer, which garnered significant interest from the visiting customers.

Eunyoung Shin expressed her hope that the seminar would provide domestic manufacturing companies with valuable insights on overcoming the challenges of maintaining a flexible and sustainable supply chain amidst the current global uncertainties. She further emphasized SAP’s commitment to supporting the enhancement of smart manufacturing capabilities among domestic manufacturing companies.

SAP Innovation Day: Unveiling the Future of Supply Chain Management

According to the Global 2024 IDC Infobrief “The Importance of AI in Supply Chain and Operations,” sponsored by SAP, a significant majority of supply chain executives (63%) and operations executives (52%) have established AI strategies aligned with their business objectives. The survey, which included 2,000 respondents, revealed that 51% of companies are integrating AI into their supply chain planning processes and key applications to enable real-time decision-making. Additionally, 58% of the respondents reported using AI to boost operational efficiency and employee productivity.

SAP’s AI-based supply chain solutions are at the forefront of transforming the manufacturing industry by delivering real-time, data-driven processes that enhance profitability and promote sustainability. These innovative solutions empower customers to adapt to the ever-changing business environment by leveraging AI insights for optimized decision-making and improved operational efficiency, ultimately paving the way for a smarter and more sustainable future.

The SAP Innovation Day event served as a platform for industry leaders and experts to exchange ideas, share best practices, and explore the potential of AI in revolutionizing supply chain management. By showcasing real-world success stories and demonstrating the tangible benefits of SAP’s AI-powered solutions, the seminar provided attendees with valuable insights and inspiration to embark on their own digital transformation journeys.

As the manufacturing industry continues to evolve and face new challenges, the adoption of AI-based supply chain solutions has also become a critical factor in maintaining competitiveness and ensuring long-term success. SAP Korea’s commitment to supporting domestic manufacturing companies in their pursuit of smart manufacturing capabilities further underscores the company’s dedication to driving innovation and empowering businesses to thrive in the digital age.

With events like SAP Innovation Day, SAP Korea continues to lead the way in showcasing the transformative power of AI in supply chain management, inspiring manufacturers to embrace cutting-edge technologies and redefine their operations for a more efficient, sustainable, and profitable future.

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SAP Korea, led by CEO Eunyoung Shin, played a crucial role in the successful implementation of the SAP Ariba Source-to-Contract Suite and SAP Business Network, enabling KD Navien to achieve digital transformation across its entire purchasing business. According to Eunyoung Shin, KD Navien’s decision to adopt SAP solutions was driven by several key factors. (InsideSAP Asia often references articles from websites in other languages to bring you as much information as possible.)

Firstly, the gradual module scalability offered by SAP’s solutions aligns perfectly with KD Navien’s plans to expand its global business. As the company grows and enters new markets, the SAP Ariba Source-to-Contract Suite can be scaled up to accommodate the increasing complexity and volume of procurement activities.

Secondly, the SAP Business Network, which is the world’s largest B2B network, provides KD Navien with access to a vast global supply chain. This network spans 190 countries and handles over $5.3 trillion in annual commerce, enabling KD Navien to connect with suppliers worldwide and streamline its procurement processes.

Lastly, SAP’s solutions offer continuous upgrades and a user-friendly experience, ensuring that KD Navien can stay up-to-date with the latest procurement technologies and best practices. Additionally, as KD Navien plans to implement SAP S/4HANA in the future, the seamless integration and connectivity between SAP Ariba Source-to-Contract Suite, SAP Business Network, and SAP S/4HANA will provide a cohesive and efficient procurement ecosystem.

Kyungdong Navien Implements SAP Ariba Source-to-Contract Suite

KD Navien collaborated with Zen Consulting, a consulting company specializing in cloud purchasing solutions, to implement the SAP Ariba Source-to-Contract Suite. This suite provides comprehensive supplier lifecycle and performance management functions, enabling KD Navien to access and manage various supplier information within a single system. This centralized approach to supplier management facilitates strategic purchasing decisions and enhances overall procurement efficiency.

The SAP Ariba Source-to-Contract Suite also supports the creation of sourcing documents (RFx) in various formats, allowing Kyungdong Navien to request information, quotations, and prices for products and services from suppliers. This streamlined process increases the transparency of the quotation work and improves work efficiency, ultimately leading to better procurement outcomes.

Leveraging SAP Business Network for Advanced Strategic Purchasing

By integrating the SAP Business Network with the SAP Ariba Source-to-Contract Suite, KD Navien has unlocked advanced strategic purchasing capabilities. The SAP Business Network, being the world’s largest B2B network, connects KD Navien with a vast pool of suppliers across the globe. This access to a diverse range of suppliers enables KD Navien to identify the best sourcing opportunities and optimize its procurement strategies.

To further enhance the efficiency of the procurement process, KD Navien has organized the standard processes of its four corporations into predefined templates within the SAP Business Network. This templated approach allows for quick and easy quotation work, reducing the time and effort required to obtain quotes from suppliers.

Moreover, the digital strategic purchasing process facilitated by the SAP Business Network significantly improves contract information management. By unifying the process and ensuring compliance, KD Navien can strengthen its contract cycle management capabilities and gain greater visibility into procurement data. This enhanced visibility enables better decision-making and risk mitigation throughout the procurement lifecycle.

With SAP’s ongoing innovations, such as the integration of natural language generation AI co-pilot solution Joule into SAP Ariba, and strategic collaborations with organizations like Hana Bank and LG CNS, the future of procurement looks promising. As Kyungdong Navien continues to leverage SAP’s solutions to drive its global expansion and maintain its competitive edge, it sets an example for other companies seeking to transform their procurement processes and thrive in the global marketplace.

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Employment-Focused SAP Training Program

The SAP training program, spearheaded by SAP Korea’s CEO Eunyoung Shin, stands out for its rigorous and relevant curriculum. It focuses on imparting in-depth knowledge of SAP S/4HANA cloud-based financial processes and program development. What sets this program apart is its blend of theory and practice. It employs a field-tailored curriculum taught by active consultants, ensuring that participants gain hands-on experience with servers and environments used in actual business settings.

Another key aspect of the SAP training program is its emphasis on employment. Participants are not only trained to understand complex software systems but also prepared for roles as financial module operators, developers, and IT consultants. This holistic approach is evident in the program’s impressive outcomes: a 100% completion rate and a 100% employment rate among the participants.

Collaboration with Seoul Economic Promotion Agency

The success of the SAP training program can be attributed to the strategic partnership with the Seoul Economic Promotion Agency. Under the guidance of CEO Eunyoung Shin, this collaboration has been pivotal in aligning the program’s objectives with the industry’s needs. The synergy between SAP Korea and the agency has been instrumental in creating a fertile ground for developing software talent, as evidenced by the high recruitment competition rate of 5.4:1. (InsideSAP Asia often references articles from websites in other languages to bring you as much information as possible.) 

The program is not just for those with a background in ICT, business, or economics. It inclusively opens doors for non-majors, providing them with a unique opportunity to venture into the world of software development. This inclusive approach is a testament to SAP’s commitment to diversifying the talent pool in the software industry.

Eunyoung Shin’s leadership at SAP Korea has been marked by a decade-long commitment to enhancing domestic software competitiveness. The CEO’s vision has been instrumental in shaping various human resources training programs, culminating in the successful completion of this award-winning course. This initiative reflects SAP Korea’s dedication to supporting young talent in the corporate software sector.

Aligning with National Talent Cultivation Efforts

SAP’s involvement in the government’s efforts to cultivate talents in critical technologies is notable. The company has been an integral part of the Innovative Growth Youth Talent Concentration Training Program, led by the Ministry of Science and ICT (MSIP) and the Institute of Information & communications Technology Planning & Evaluation (IITP). This program focuses on key technologies like Big Data, blockchain, AI, and more, highlighting SAP’s role in creating high-quality jobs in the software industry, especially for the youth.

The youth talent training initiative under SAP’s guidance goes beyond traditional learning. It encompasses sharing insights about the cloud industry and providing practical software development skills aimed at employment in project-based companies. This approach aligns with SAP’s global strategy, as evidenced by the involvement of Rudolf Held, Vice President and Global Head of Partner Innovation Lab at SAP.

SAP Korea’s training program, under the astute leadership of CEO Eunyoung Shin, has established itself as a beacon of innovation and excellence in the software industry. By aligning with the government’s talent cultivation initiatives and leveraging strategic partnerships, SAP Korea is not only enhancing software competitiveness domestically but also shaping a new generation of industry-ready professionals. This program, with its comprehensive curriculum, employment focus, and inclusive approach, is setting new standards in software education and talent development, paving the way for a more robust and diverse software industry in Seoul and beyond.

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SAP SuccessFactors is not just about software; it’s about a community approach to innovation in HR. Recognizing the unique demands and growth potential in Korea, SAP established the Korea SAP SuccessFactors User Group. This initiative fosters a community where enterprise customers in Korea can network, exchange ideas, and refine their HR management practices. The formation of this user group underscores SAP’s commitment to deepening its roots in the Korean market and enhancing the services it offers to its Korean clients.

Harnessing the Power of AI Through SAP HR Management Solutions

The rapid adoption of AI across various sectors has revolutionized how businesses operate, and HR is no exception. SAP is at the forefront of this AI-driven transformation. The introduction of generative AI co-pilot Joule and the AI-powered Talent Intelligence Hub are prime examples of SAP’s innovative efforts. These tools are designed to aid HR teams in creating unbiased job descriptions, streamlining complex processes, and understanding and leveraging workforce skills more effectively.

Korea has been a critical player in the global SAP SuccessFactors community. The representation of Korean companies at the global SAP SuccessFactors event in the U.S. highlights the country’s proactive stance in HR management. Korean companies, with their unique challenges and innovative approaches, contribute significantly to the global discourse on HR technology and practices.

The SAP SuccessConnect Seoul 2023 Event: A Milestone

The SAP SuccessConnect Seoul 2023 event was a significant milestone, attracting over 1,000 participants, including 250 on-site attendees. This event was more than a gathering; it was a showcase of the future of work and employee potential realization through next-generation technologies, including AI. Renowned companies like Hyundai Motor Group Innovation Center in Singapore, LG Energy Solution, and GC Biopharma shared their experiences and insights, highlighting the transformative impact of SAP SuccessFactors in their HR operations.

SAP SuccessFactors, as part of SAP’s suite of software solutions, has played a pivotal role in transforming HR management globally. In Korea, this transformation has been particularly noteworthy. Korean enterprises have embraced SAP SuccessFactors to streamline their HR processes, improve employee experiences, and leverage data-driven insights for better decision-making. The adoption of SAP SuccessFactors in Korea reflects a broader trend in the country’s corporate sector, where innovation and technology integration are prioritized to maintain competitive advantage.

Conclusion: SAP SuccessFactors’ Role in Shaping Korea’s HR Landscape

The establishment of the Korea SAP SuccessFactors User Group is a strategic move, indicative of SAP’s collaborative approach. By encouraging dialogue and sharing of best practices among Korean enterprises, SAP is not just selling a product; it’s cultivating a community of innovation in HR management. This approach is particularly effective in a market like Korea, where businesses are keen on adopting advanced technologies and innovative practices.

SAP SuccessFactors is playing a crucial role in redefining HR management in Korea. By leveraging AI technology and fostering a community of practice among its Korean clients, SAP is not only enhancing its presence in the Korean market but also contributing to the evolution of HR management practices globally. With initiatives like the Korea SAP SuccessFactors User Group and the SAP HR Connect Seoul 2023 event, SAP is setting new standards in HR innovation and community engagement, demonstrating its commitment to driving value and transformation in the HR sector.

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Enterprise Resource Planning (ERP) systems, particularly those developed by SAP, have long been regarded as the backbone of efficient business management. SAP’s ERP solutions are renowned for their ability to integrate various functions across an organization, from finance and human resources to supply chain and customer relationship management. This integration is vital for large conglomerates like CJ Group, which operates across diverse sectors such as food, distribution, and media.

In South Korea, SAP ERP solutions have been instrumental in driving digital transformation across various industries. They offer the dual benefits of streamlining business processes and providing insightful data analytics, enabling companies to make more informed decisions. The agility and efficiency provided by these solutions are particularly crucial in South Korea’s fast-paced business environment.

The Vision of CJ OliveNetworks: Utilizing SAP ERP Solutions

CJ OliveNetworks, under the leadership of CEO Yoo In-sang, has been at the forefront of integrating innovative solutions into its business model. The partnership with SAP Korea is a strategic move to enhance their IT infrastructure, focusing on customer-oriented management. By implementing SAP’s ERP solutions, CJ OliveNetworks aims to not only optimize its core business areas but also set a precedent for its subsidiaries, fostering a culture of technological advancement and competitive edge in the market.

The adoption of SAP ERP systems by CJ OliveNetworks is expected to bring about a significant transformation in how the company manages its operations. These systems are designed to provide a unified view of the business, enabling better control and coordination across various departments. This is particularly important for a conglomerate like CJ, which has a complex organizational structure with multiple lines of business.

Beyond Business: The Impact on South Korean Economy and Workforce

The implications of this partnership extend beyond the immediate benefits to CJ OliveNetworks. By embracing SAP ERP solutions, the company is contributing to the broader narrative of South Korea’s technological advancement and digital readiness. This move is also expected to influence other Korean companies, encouraging them to adopt similar technologies to remain competitive in the global market.

Additionally, the collaboration between CJ OliveNetworks and SAP Korea includes a focus on workforce development, with plans to co-develop an SAP expert training program. This initiative will not only benefit the employees of CJ but also contribute to the skill development of the wider Korean workforce, preparing them for the demands of a digitally-driven economy.

A Forward-Looking Alliance Shaping the Future

The partnership between CJ OliveNetworks and SAP Korea is a testament to the power of strategic collaborations in the age of digital transformation. By adopting and customizing SAP ERP solutions, CJ OliveNetworks is not only enhancing its business efficiency but also positioning itself as a leader in Korea’s technological advancement. This alliance is a step forward in realizing the potential of ERP systems in transforming businesses and, by extension, entire economies. As companies like CJ OliveNetworks continue to innovate and integrate these solutions, the future of business in South Korea looks increasingly dynamic and promising.

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SAP Korea and Hana Bank have entered into a strategic business agreement, marking a significant step towards fostering mutual cooperation and exploring potential business opportunities. This partnership doesn’t just stop at dialogue but extends towards collaborative efforts in implementing and expanding these newfound opportunities. (InsideSAP Asia often references articles from websites in other languages to bring you as much information as possible.)

Hana Bank, with its robust presence in the financial sector, and SAP Korea, known for its technological prowess, aim to synergize their expertise. By co-developing applications based on the SAP Business Technology Platform (SAP BTP), both organizations aspire to enhance the competitiveness and operational efficiency of customer companies. The collaboration is not restricted to application development but also includes joint efforts in online and offline network activities and sales initiatives. The goal is to cultivate a digital innovation culture and secure success stories that testify to the efficacy of their partnership.

Diving Deep into SAP BTP Applications

SAP BTP stands as a comprehensive technology platform, offering an array of services such as data analytics, artificial intelligence, application development, automation, and integration within a cohesive environment. This platform is particularly instrumental in accelerating cross-functional innovation, unlocking unprecedented business potential.

Under the strategic agreement, the collaboration will focus on introducing a Hana Bank banking application built on SAP BTP. This application will cater to customers using SAP Enterprise Resource Planning (SAP ERP) and those transitioning to cloud-based solutions. Additionally, the alliance will explore areas like host-to-host (H2H) fund management and global financial services, such as SAP Taulia, for customers eyeing overseas expansion. Furthermore, the partnership will delve into trade finance and supply chain finance initiatives using the SAP Ariba network.

Voices from the Leadership

Seong Young-soo, the Vice President of Hana Bank Corporate Group, acknowledges the transition of SAP ERP to the cloud and anticipates that small and medium-sized businesses will also benefit from SAP’s innovative solutions. Emphasizing the cooperative spirit, he shares that Hana Bank is poised to lead in delivering cloud-based banking solutions and global supply chain financial services by aligning with SAP, a global leader in ERP solutions.

On the other side, Eunyoung Shin, CEO of SAP Korea, recognizes the rapid digital innovation sweeping across industries. She asserts that digital transformation is not merely an option but a necessary step for companies seeking to thrive in a fast-evolving market. Eunyoung Shin affirms SAP Korea’s commitment to lead digital innovation across diverse sectors by initiating collaborations with companies such as Hana Bank.

A Future-Ready Partnership

In retrospect, this collaboration between SAP Korea and Hana Bank is emblematic of a confluence between finance and technology. By focusing on SAP BTP applications, both organizations are not only positioning themselves at the forefront of innovation but also driving transformative change for their clientele.

As this alliance brings forth applications that promise to reshape the traditional banking landscape, businesses can look forward to a future where technology and finance converge seamlessly. The commitment from both organizations to foster a culture of digital innovation and mutual growth stands as a testament to their visionary approach.

This partnership holds the potential to create a ripple effect, catalyzing digital transformation and fostering an environment where technology empowers financial solutions. By aligning their goals and strengths, SAP Korea and Hana Bank are charting a course that promises to usher in a new era of innovative, efficient, and customer-centric solutions.

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LG CNS, a leading information technology services and solutions provider in South Korea has sealed a strategic alliance with German tech giant SAP in a bid to bolster the development of next-generation enterprise resource planning (ERP) solutions. (InsideSAP Asia often references articles from websites in other languages to bring you as much information as possible.) The Memorandum of Understanding (MOU) signing ceremony held at SAP headquarters in Waldorf, Germany was attended by high-ranking executives from the two companies. including SAP CEO Christian Klein, LG CNS CEO Hyun Shin-kyun, and Head of SAP Enterprise Cloud Services and SAP Sovereign Cloud Services, Peter Pluim.

“SAP is working together with more than 24,000 SAP partners around the world that are rich in capabilities such as LG CNS to help customers innovate,” expressed Pluim. “Through this agreement, we can accelerate SAP’s efforts to support digital transformation with LG CNS and help it become a sustainable intelligent company.“ 

Pluim shared that SAP, in partnership with LG CNS, pledges to drive innovation in building customer-centric solutions and services.

Building Next-Gen, Cloud-based ERP Systems

SAP Korea has launched several initiatives last year to accelerate cloud adoption in the country in collaboration with both government and private organizations– from introducing the SAP Young Next Cloud Academy, a completely free, hands-on cloud-based education program in partnership with the Korea Chamber of Commerce and Industry to delivering efficient and effective public cloud services under an MoU signed with NAVER Cloud and Cloud4C. 

This week, SAP Korea reinforced its commitment to accelerate the cloud’s momentum in the domestic market by establishing a co-innovation partnership with LG CNS, a subsidiary of LG Corporation that specializes in digital transformation (DX) leveraging AI, Data, and Cloud. Specifically, the alliance is pegged to develop and operate new ERP systems harnessing SAP S/4HANA for the Korean corporate market, including LG affiliates and, consequently, for the company’s international business.

Under the MoU, SAP will provide training on SAP Enterprise Cloud Service (SAP ECS) processes and IT tools to enable LG CNS to provide TechOps services to customers. From the alliance’s current collaboration model, the multinationals are looking to expand to Managed Service Model and Cloud Application Services. In addition, they will be exploring joint go-to-market opportunities harnessing SAP and LG CNS’ intelligent solutions and expertise as well as creating innovative solutions leveraging SAP technology.

Most recently, LG CNS has become a global strategic partner operating SAP S/4HANA, providing ERP services for the Korean and global markets across industries. The joint initiative with SAP Korea will support LG CNS’ plans to integrate application modernization (AM), artificial intelligence (AI), and machine learning with ERP– strengthening its role as a provider of cloud-based ERP systems to help domestic and international customers remain agile, intelligent, and sustainable amidst changing business landscapes.

“This partnership is an opportunity for LG CNS to bring its next-generation ERP capabilities to a global level, and for SAP to expand its customer reach in the Korean market,” LG CNS CEO said. “We will work together to support our customers in their DX transformation journeys.” 

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Last year, SAP Korea made a strong and steadfast commitment to the local cloud computing industry by signing a crucial strategic business agreement for public cloud collaboration with Naver Cloud, an internet-based giant, as well as Cloud4C Korea, a cloud-managed services provider. This agreement was designed to foster cooperation regarding public cloud infrastructure and services and reflects SAP’s dedication to promoting the continued development of South Korea’s cloud capabilities.

Fast forward to 2023, Shin Eun-young, the CEO of SAP Korea, and Kim Ki-ho, the CEO of Metanet Global, recently inked a Strategic Business Agreement for Public Cloud Cooperation at a signing ceremony held at the SAP Korea office. The agreement is intended to strengthen their relationship and lay down plans for future cooperation between both parties. During the Memorandum of Understanding (MOU) signing ceremony, they discussed in detail their proposals regarding potential collaboration in order to explore new opportunities and promote mutual growth. (InsideSAP Asia often references articles from websites in other languages to bring you as much information as possible.)

Marking an important milestone for both companies, SAP Korea and Metanet Global look towards developing a stronger partnership to better serve their customers in the public cloud space. By entering into the said business agreement, the two companies are hoping to explore potential business chances for SAP S/4HANA Cloud in the public sector. Their primary goal is to cultivate a mutually beneficial relationship in order to effectively maximize these opportunities and make them a reality.

Commenting on the latest industry development, SAP Korea Chief Executive Officer Shin Eun-young said in a statement:

“SAP is a company that advances business with an integrated process based on new technologies and advanced cases so that all companies and institutions regardless of the size and type of organization can quickly respond to the changing market and change the way they work. We are providing various support so that this intelligent enterprise can be reborn. We look forward to actively building a public best case that succeeded in transforming into an intelligent enterprise in partnership with Metanet Global.”

Supporting the Public Sector Through the Metanet-SAP Cloud Partnership

The public sector in Korea is in particular need of cloud-based solutions, particularly SAP, to help them modernize their infrastructure and streamline operations. Cloud computing provides organizations with a secure and cost-effective platform for storing data, improving efficiency, and reducing IT costs. Adopting cloud technology will enable the public sector to access up-to-date information more quickly, enabling faster decision-making and improved customer service.

Furthermore, with cloud solutions organizations can take advantage of innovative features such as collaboration tools which can be used by employees both inside and outside the organization. As such, it is clear that the public sector in Korea must embrace cloud solutions if they are to remain competitive in today’s technologically advanced world.

Based on the signed agreement with SAP, Metanet Global will actively promote and propagate SAP S/4HANA Cloud Private Edition and SAP HANA Big Data platform when they are conducting introduction and construction projects of SAP S/4HANA in the public sector. SAP S/4HANA Cloud Private Edition is an innovative cloud-based enterprise resource planning (ERP) solution that responds to customer-specific issues with a customized approach.

By leveraging the latest intelligent technologies such as artificial intelligence (AI), machine learning, and advanced analytics, this powerful software has become increasingly popular among businesses of all sizes around the globe. With its user-friendly interface and comprehensive capabilities, it continues to be one of the most sought-after solutions for companies looking for an efficient and effective ERP system.

Moreover, the agreement allows them to provide more tailored solutions for their customers so they can benefit from the most advanced technological advancement while keeping track of the budget. By doing so, Metanet Global is able to accelerate and lead innovation and change that might come up during such a project.

“Metanet Global is a representative IT consulting company in Korea with high-level consultants and application modernization capabilities and has continued close business cooperation with SAP Korea. It will contribute to the efficient and stable digital transformation of public institutions,” Metanet Global Chief Executive Officer Kim Gi-ho said.

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As part of their efforts to help the South Korean government become a “intelligent government,” SAP Korea and Naver Business Platform inked a strategic business partnership for public cloud cooperation in 2020. The goal of the collaboration was to foster a data-driven innovation culture in the public sector of the country through the introduction of cloud-based enterprise resource planning (ERP) systems and Big Data platform services.

In light of the government’s digital ‘New Deal’ — a policy package estimated to cost 20 trillion won ($16.8 billion) and intended to strengthen South Korea’s business development in a post-COVID 19 environment leveraging digital transformation — the SAP Korea-Naver alliance aimed to increase public cloud solutions. The economic stimulus package, initially unveiled in April 2020, planned to use digital and green innovation initiatives to keep the country’s economy alive. Investment of 160 trillion won by 2025 was proposed, along with the addition of 550,000 employment opportunities.

This year, SAP Korea reaffirmed its commitment to the country’s cloud computing market with the recent signing of the strategic business agreement for public cloud cooperation with internet conglomerate Naver Cloud and cloud managed services provider Cloud4C Korea. The three companies’ expanded partnership was made as a part of a deal for SR Co., Ltd. to migrate its existing IT infrastructure environment, including SAP ERP systems, to NAVER Cloud. SR Co., Ltd., or Supreme Railways, is a railway company that provides express trains — operating out of three stations and has 17 stops for its train services. (InsideSAP Asia often references articles from websites in other languages to bring you as much information as possible.)

Shin Eun-young, Chief Executive Officer at SAP Korea, shared in a statement:

“The IT infrastructure transfer contract of SR Co., Ltd. is a symbolic example of the first S/4HANA transfer since SAP Korea and Naver Cloud signed an MOU to expand cloud business for public institutions in 2020. Based on the business agreements signed with Naver Cloud and Cloud4C, we plan to secure more cases of digital transformation of public institutions.”

Accelerating Digital Transformation with Naver Cloud, SAP Korea, and Cloud4C

The digital transformation project for SR Co., Ltd. marks the first instance of a public institution’s SAP ERP system being moved to NAVER Cloud Platform, an infrastructure-as-a-service (IaaS) provider that has successfully attained CSAP accreditation (for NAVER Cloud Platform public institutions). As a result of this cloud migration, it is anticipated that in the future, SR Co., Ltd. will have the capacity to swiftly react to shifting trends in IT infrastructure through the utilization of system flexibility.

“Naver Cloud is continuously making efforts to quickly respond to the rapidly changing environment of public institutions and accelerate public digital transformation. We will further solidify our cooperation with Korea and spare no effort to support the successful implementation of a digital platform government,” Park Won-ki, Chief Executive Officer at Naver Cloud, stated.

SAP Korea also successfully finished the project in collaboration with Cloud4C, an SAP global premium partner and an official partner for the Business Transformation as a Service (BTaaS) offering RISE with SAP. In accordance with the terms of the business partnership, the three companies will offer SAP ERP operations and cloud managed services to SR Co., Ltd.  within the NAVER Cloud Platform.

The Naver Cloud Platform environment, in particular, is certified by the Korea Internet & Security Agency (KISA) to provide public institutions with SAP ERP cloud. Additionally, local financial and public institutions are anticipated to have more prospects to move into the worldwide market based on the Naver Cloud Platform, thanks in large part to Cloud4C’s in-house infrastructure network and compliance system across 52 regions in 26 countries.

Commenting on the expanded partnership with SAP Korea and Naver Cloud, Cloud4C Korea Country Manager Peter Seo said:

“Through this cooperation, we are able to expand the support of the NAVER Cloud Platform-based SAP digital transformation journey in the Korean public sector beyond the private sector. We are providing various cloud management services, including SAP, to over 4,000 global companies, and based on this, we will spare no effort to support NAVER Cloud to accelerate its global market entry.”

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