{"id":226662,"date":"2024-07-02T03:00:00","date_gmt":"2024-07-02T07:00:00","guid":{"rendered":"https:\/\/news.sap.com\/?p=226662"},"modified":"2024-08-12T15:04:21","modified_gmt":"2024-08-12T19:04:21","slug":"skf-selects-rise-with-sap","status":"publish","type":"post","link":"https:\/\/news.sap.com\/2024\/07\/skf-selects-rise-with-sap\/","title":{"rendered":"SKF Selects RISE with ·θΕΔ΄«Γ½ for a Frictionless Move to the Cloud"},"content":{"rendered":"\n

WALLDORF <\/em><\/strong>\u2014 ·θΕΔ΄«Γ½ SE<\/a> (NYSE: ·θΕΔ΄«Γ½) today announced that SKF<\/a>, one of the world\u2019s leading makers of innovative and sustainable solutions for bearings and rotating equipment, has selected the RISE with ·θΕΔ΄«Γ½<\/a> solution to future-proof its global operations, simplify its IT infrastructure and leverage innovative technologies such as artificial intelligence and machine learning.<\/p>\n\n\n\n

RISE with ·θΕΔ΄«Γ½: Modernize legacy ERP from ·θΕΔ΄«Γ½ with AI-powered cloud ERP<\/div><\/div>
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Learn more<\/a><\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n

By choosing to move to the cloud, SKF will be better equipped to manage its business operations, adapt to new sustainability policies and regulatory changes and enable green ledger capabilities for carbon accounting.<\/p>\n\n\n\n

\u201cTransitioning from a traditional on-premise setup to the cloud demonstrates our commitment to operational efficiency,\u201d SKF Head of Global Digital Services Pedro de Freitas said. \u201cBy integrating the existing ·θΕΔ΄«Γ½ S\/4HANA software into its advanced cloud strategy, SKF will be able to boost critical business sectors, including finance, parts supply, warehousing, supply chain and manufacturing. Moving to the cloud is a choice that is aligned with SKF’s philosophy of pushing the boundaries and supporting progress toward a sustainable future.\u201d<\/p>\n\n\n\n

According to SKF, roughly 20% of global energy goes to overcoming friction. Swedish-based SKF provides products at the center of multiple industries to reduce friction and maintain optimal temperature and speed to have efficient production output. Its products are used across industries that include transport, agriculture and food and beverage.<\/p>\n\n\n\n

By transitioning to ·θΕΔ΄«Γ½ S\/4HANA Cloud through RISE with ·θΕΔ΄«Γ½, SKF will take advantage of a smooth, secure migration of their on-premise ERP to the cloud while being able to make data-driven business decisions with real-time operational insights and embedded intelligence. Relevant, reliable and responsible business AI will be built directly into SKF\u2019s processes and aligned with internal AI strategies.<\/p>\n\n\n\n

\u201cWith our AI- and cloud-driven solutions, we help our customers to become more efficient, resilient and sustainable,\u201d said Emmanuel Raptopoulos, president of ·θΕΔ΄«Γ½ Europe Middle East and Africa. \u201cWe have had a strong collaboration for many years, and we will continue working closely with SKF to identify new innovative solutions and opportunities for streamlining processes.\u201d<\/p>\n\n\n\n

Visit the ·θΕΔ΄«Γ½ News Center<\/a>. Follow ·θΕΔ΄«Γ½ at @·θΕΔ΄«Γ½News<\/a>.<\/p>\n\n\n\n

Media Contacts:<\/strong>
Ulrika Wass, +46 73 827 1074, ulrika.wass@sap.com<\/a>, CET
Lesa Plingen, +49 622 776 9000,\u00a0lesa.plingen@sap.com<\/a>, CET
·θΕΔ΄«Γ½ ·θΕΔ΄«Γ½ Room<\/a>; press@sap.com<\/a><\/p>\n\n\n\n

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ.  Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of ·θΕΔ΄«Γ½\u2019s 2023 Annual Report on Form 20-F.
\u00a9 2024 ·θΕΔ΄«Γ½ SE. All rights reserved.
·θΕΔ΄«Γ½ and other ·θΕΔ΄«Γ½ products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of ·θΕΔ΄«Γ½ SE in Germany and other countries. Please see https:\/\/www.sap.com\/copyright<\/a> for additional trademark information and notices.<\/p>\n","protected":false},"excerpt":{"rendered":"

WALLDORF<\/em> \u2014 The maker of innovative and sustainable solutions for bearings and rotating equipment is committed to operational efficiency.<\/p>\n","protected":false},"author":29,"featured_media":226664,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"related_posts":[],"footnotes":"","_links_to":"","_links_to_target":""},"categories":[5645613,5595612,5644878,5640447,7737],"tags":[5644593,3807355],"sapn-display":[5644884,5644932,45027],"sapn-type":[4448],"class_list":["post-226662","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","category-cloud","category-customers","category-erp","category-solutions","tag-rise-with-sap","tag-sap-s4hana-cloud","sapn-display-news-hero","sapn-display-news-spotlight","sapn-display-hero","sapn-type-newsbyte"],"yoast_head":"\nSKF Selects RISE with ·θΕΔ΄«Γ½ for a Frictionless Move to the Cloud | ·θΕΔ΄«Γ½ News 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