SAP Leonardo Projected to Lead Businesses to Economic Success
What is SAP Leonardo?
SAP Leonardo is famously inspired by the inventor of all inventors, Leonardo Da Vinci. You could say that SAP Leonardo is SAP’s most ambitious program. Originally made for the internet of things, Leonardo was then enhanced to include Data Intelligence, Machine Learning, Blockchain, Big Data, and Analytics.
SAP realized that more could be done if the technologies were available at once to be combined and create innovative solutions. Like Da Vinci, SAP wants to lead its program with vision of what can be created for the now and the future.
Design thinking approach and led by people
SAP Leonardo methodology is led by design thinking approach where people are the core center of the transformation. While the future is clearly in the hands of technology, only 5 percent feel that they have turned digital into a competitive advantage. It’s difficult to adapt to new technologies when you don’t know how to incorporate them into your existing infrastructure and when you find it tough to move away from the traditional setting, but with number projections this high, the percentage of companies transforming digitally will increase exponentially very soon.
SAP Leonardo – Future predictions in numbers
It is no coincidence that SAP has included all these technologies in Leonardo. Currently, $47 billion is the estimated market value for machine learning by 2020. $11 trillion is the potential economic impact of the internet of things by 2025. 10% of all global GDP will be stored by blockchains by 2027. This will equate to immense economic success.
Various companies agree with this sentiment as well. 72 percent of CEOs believe the next 3 years will be more critical for their industries than it has been in the past 50 years. More is getting done in a short amount of time than ever before. What these companies do for the next couple of years could define their business.