WHITEPAPER
The Digital Building Products Company
SAP S/4HANA
See how building products companies are transforming their firms’ digital core with SAP S/4HANA.
The Digital Building Products Company Inspire and Shape a Digital World That Reinvents Customer Experience and Productivity
Three main forces are driving the digital economy: consumer pull, technology push, and business benefits. In the next 10 years, 40% of the S&P 500 will no longer exist if they do not keep up with the continuously emerging technology trends. Cloud and in-memory computing, smartphones, and other mobile devices including wearables are part of the daily life to a growing number of the world’s population. Emerging technologies provide new and exciting opportunities that are reshaping building products companies. These new technologies are hitting a tipping point in terms of driving business value in a scalable way:
- Internet of Things
- 3D printing
- Augmented reality
Electronically controlled showers or faucets and R&D projects using 3D printing might sound exotic for some people. In fact, this is already reality. In a relatively short time frame, sensors, IoT, and Big Data will become essential for everyone in the building products industries and will dominate our homes, offices, factories, and cities.