How digital is changing the way companies respond to the coronavirus - Business Insider

Cloud-based platforms provided by firms including SAP now allow businesses to get a holistic view into different aspects of the enterprise — like human resources and regulatory compliance. For many, it's the first time they've ever had such visibility. , let companies increase the efficiency of their products.

"When times are good there are always many things you can do. When times are tough, you have to extract that extra value." said Que Dallara, president and CEO at Honeywell Connected Enterprise. That made replacing partners or bringing in new ones a time-intensive process that required humans to do much of the grunt work.

Say a business needs to quickly source new providers or replace those that may have shuttered amid the outbreak. Software from SAP, Oracle, and others can automatically suggest those vendors that fit certain criteria, including those that are close to existing partners.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

10 things in tech you need to know today - Business InsiderNine Tesla employees criticized the company's response to the novel coronavirus in interviews with Business Insider.
Source: BusinessInsider - 🏆 729. / 51 Read more »

How companies can support caregivers during coronavirus pandemic - Business Insider4 steps companies need to take right now to support employees who are caring for children, elderly, or sick family members during the coronavirus pandemic
Source: BusinessInsider - 🏆 729. / 51 Read more »

Who’s Betting on a Rebound in Stocks? Corporate InsidersCorporate insiders are buying stock in their own companies at a pace not seen in years, a sign they are betting on a rebound after a coronavirus-induced rout. I believe Greenspan called behavior such as this Irrationalexuberance It’s like MarthaStewart says, “Once you realize that you have identified a passion, invest in yourself.” i'd be buying hand over fist as well. this is a blip fueled by fear and though short term pain, long term is still very bullish once this ChineseVirus hysteria calms down.
Source: WSJ - 🏆 98. / 63 Read more »