sap Industry Knowledge Exchange: SAP launches Industry Knowledge Exchange in collaboration with AWS

German technology giant SAP announced today that it has launched the SAP Industry Knowledge Exchange (SAP IKEX) in collaboration with Amazon Web Services (AWS) aimed at fostering inclusive digital transformation and sustainable development.

The exchange will bring together companies, consultancies and universities from 25 sectors enabling technological co-innovation, sharing of best practices and deliberation on regulatory policies, he said.

Companies like Maruti Suzuki, Philips India, More Retail and Bombay Shaving Company will be part of this initiative.

“Organizations and their business leaders have the power to create momentum and shape the future of their respective industries. We want to enable businesses to create business networks that enable diverse industries to interact and achieve uniform growth across the entire value chain,” said Kulmeet Bawa, President and CEO, SAP Subcontinent. Indian. “With the industry knowledge exchange platform, our goal is to empower Indian businesses to promote growth and business continuity…”

The knowledge exchange confluence will set up an industry council for each sector that will help identify sector challenges and drive engagement.

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It will also facilitate multi-stakeholder collaboration and help improve regulatory and policy contributions from industry bodies such as Confederation of Indian Industry (CII), Indian Pharmaceutical Alliance (IPA) and Automotive Component Manufacturers Association ( ACMA).

“By bringing together the expertise and insights of a broader ecosystem, companies can leverage opportunities for mutual growth, expanded networks, and fuel innovation to solve larger business challenges around emerging technologies, talent and durability. Our collaboration with SAP will maximize business value across industries by accelerating their digital transformation and helping them be future-ready,” said Puneet Chandok, President, Commercial Business, AWS India and South Asia, Amazon Internet Services.

The first edition will focus on five industries, consumer, life sciences, automotive, manufacturing, start-ups and unicorn businesses – and will gradually expand to include the remaining industries.

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Donald E. Patel