Inspiring exchange at the 8th Solyp 4.0 User Circle in Nuremberg
Current and important topics, inspiring discussions and also charity: In December we invited our Solyp users to Nuremberg for two days. For the eighth time, our customers came to exchange information with us about trends and developments in the technology industry, the Solyp platform, and developments in the field of analytics.
Since the beginning of 2019, experts under the leadership of Ronald Herse and Florian Dreher have been working intensively on using our Solyp platform to analyze and evaluate existing data from the company using Advanced Analytics methods and to generate additional strategic insights. An important topic for companies in recent months.
Therefore, machine learning was the basis of our workshop. During the past year, Ronald Herse and Florian Dreher gained important insights along the strategy process for corporate benefit through extended statistics and machine learning – they shared the impulses they gained with our participants:
It is becoming increasingly relevant in the VUCA world (Volatility/Uncertainty/Complexity/Ambiguity) to think and pursue corporate strategy end-to-end. This is the only way for companies to remain capable of acting, to adapt processes more quickly and to make quicker decisions. "It is necessary to look for ways and build bridges to absorb speed without compromising quality," says Ronald Herse.
You can find further impulses in our detailed blog articles on Strategic Insights – Part 1, Part 2 and Part 3.
In order to capture machine learning, the workshop participants listed the following key issues:
They designed how to improve their own planning quality and reliability and how to use automatic forecasts as a self-learning plausibility check.
The following questions are essential:
This once again showed that practical implementation hurdles in terms of planning quality and security are primarily "politically” triggered" within the company. One lever in implementation is the focus on alignment within the company.
A must: In the evening of the 1st day of the workshop, we visited the Nuremberg Christkindlesmarkt with our guests at the 8th Solyp 4.0 User Circle, just in time for Advent. In a festive atmosphere, we continued to exchange information on strategy topics, developments in the area of analytics and the Solyp platform. Social projects are supported with the sales proceeds at the "Nürnberg International" stand at the market of the twin cities.
The second day of our user meeting started with the Solyp 4.0 product overview by Christian Ullbrich. He gave all participants an outlook on product developments, future features and what challenges can be expected.
As an Enterprise Cloud for Strategy, Solyp is also facing the task in 2020 of considering the increased complexity and dynamics in the markets and companies. At the same time, the strategic planning and implementation process must be mapped, adapted and controlled end-to-end. With the Microsoft Azure Cloud and its high standards and permanent further development, the current and future needs of Solyp can be met.
The participants were particularly interested in the Use Case of Evonik Industries AG. In the presentation by Evgeni Zaprayanov, Senior Manager Regions Development at Evonik, we were given an exclusive insight into the structure and organization of the globally active company. He also showed how the company is using Solyp 4.0 to bundle its project portfolio of strategic initiatives in the regions and how management will in future be able to monitor the respective contribution of the initiatives to the company's goals. This will make it even easier to evaluate and assess current situations.
Evonik is one of the world's leading specialty chemicals companies. With more than 32,000 employees, the company operates in more than 100 countries and benefits particularly from its customer proximity and leading market positions.
Finally, our colleagues Stefan Raths and Ralf Koch showed how the migration path from Solyp3 to Solyp 4.0 will look like, depending on individual requirements.
We would like to thank all participants for the inspiring talks, exciting discussions and the open feedback!
Special thanks go to our speaker Evgeni Zapranov, who gave a look behind the scenes of strategy work at Evonik Industries and showed how valuable our Solyp platform is for the strategy team and management.
We are already looking forward to the next Solyp 4.0 User Circle!
By the way: If you want to keep up to date on the topic of analytics, you should regularly read our strategy blog. We will publish more background articles on this topic in the coming weeks. This way you won't miss any trends and can integrate efficient tools and the latest methodologies in your company at an early stage.
A powerful pairing: Business Ecosystems & Adaptive Strategy
To thrive in the VUCA world, what can we learn from business ecosystems? Discover why adaptive strategies help us to be more flexible and effective in overcoming challenges.
