SAP, one of the world’s leading enterprise software companies, has recently announced its 2024 Transformation Program and updates to its Ambition 2025. The company’s 2024 Transformation Program aims to simplify its structure and streamline operations, while its Ambition 2025 sets new targets for sustainability and innovation.
The 2024 Transformation Program is part of SAP’s efforts to adapt to the changing business landscape and better serve its customers. The program will focus on optimizing the company’s processes and organization, enabling it to become more agile and responsive to market demands. SAP aims to streamline its product portfolio, consolidate its infrastructure, and align its sales and marketing activities to better address customer needs.
As part of the 2024 Transformation Program, SAP also announced a new organizational structure that will simplify decision-making and improve accountability. This includes the consolidation of its cloud business into a single unit, as well as the integration of its research and development activities to drive innovation and efficiency.
In addition to the 2024 Transformation Program, SAP has also updated its Ambition 2025, a set of goals and targets aimed at driving sustainable growth and innovation. The company has reaffirmed its commitment to becoming a carbon-neutral company by 2023, as well as reducing its greenhouse gas emissions by 65% by 2025. SAP also aims to increase its revenue from its sustainable products and services to €22 billion by 2025, demonstrating its dedication to driving positive environmental and social impact.
Furthermore, SAP has set ambitious targets for innovation, aiming to reach a target of €36 billion in cloud revenue by 2025. The company is also committed to driving greater diversity and inclusion within its workforce, with the goal of increasing the percentage of women in leadership roles to 30% by 2027.
SAP’s 2024 Transformation Program and Ambition 2025 updates demonstrate the company’s commitment to driving sustainable growth and innovation, while also adapting to the evolving business landscape. By streamlining its operations and setting ambitious targets for sustainability and innovation, SAP is positioning itself to better serve its customers and drive long-term value for all stakeholders.
Overall, SAP’s 2024 Transformation Program and updated Ambition 2025 signal a new chapter for the company as it continues to evolve and innovate in the ever-changing world of enterprise software. With these bold initiatives, SAP is poised to remain a leader in the industry and drive positive change for years to come.
