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.

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