SAP announced the SAP Digital Boardroom, a planned breakthrough digital approach that aims to contextualize and simplify performance reporting across all areas of business in real time. Built on the SAP Cloud for Analytics solution, SAP Digital Boardroom is expected to utilize line-of-business data from the SAP S/4HANA suite and SAP HANA Cloud Platform to provide a single source of truth about a company’s critical business metrics. This approach aims to help companies monitor and drive change in the digital economy.
“SAP Digital Boardroom intends to provide total transparency to board members, executives and decision-makers with a comprehensive, real-time view of business performance across an entire company,” said Bernd Leukert, member of the Executive Board of SAP SE, Products & Innovation. “We have incorporated fully automated business intelligence capabilities that aim to dramatically improve the quality and speed of reporting as well as collaboration in real time. As businesses continue to transform and evolve around the digital economy, executives will be able to use SAP Digital Boardroom for instant, data-driven insights that address ad hoc questions and improve decision-making. It will ultimately build trust between all board participants, employees and investors.”
"The SAP Digital Boardroom will enable an interactive board discussion, allow board members to analyze large volumes of information, plan scenarios, and zero in on sale opportunities in real-time," said Scott Russell, Chief Operating Officer of SAP for Asia Pacific Japan.
When required to make highly informed business decisions, board members, executives and decision-makers are often faced with separate reporting solutions that present data in a static, isolated way. SAP Digital Boardroom aims to harmonize the view of company operations across all lines of business on multiple devices. This view enables users to understand the past instantly, predict the future and conduct business successfully in today’s digital economy.