A Fresh Approach to the Talent Conundrum
Overview
Digital transformation is essential for businesses, but achieving it requires the right combination of technology solutions and skilled talent. RISE with SAP and Infosys Live Enterprise offer a comprehensive solution for business transformation.
RISE with SAP
- Definition: An end-to-end bundle of infrastructure, applications (SAP S/4HANA), and services (Business Process Intelligence) to transform businesses.
- Benefits: Helps companies go digital and transition to new business models in alignment with market needs. Provides a holistic, flexible, and timely transformation to an intelligent enterprise.
Infosys Live Enterprise
- Definition: A suite that makes organizations sentient, responsive, and agile.
- Benefits: Equipped with multiple technological components and assets that transform business operations meaningfully.
Combined Offerings
- Potent Transformation: RISE with SAP combined with Infosys Live Enterprise provides a potent and comprehensive approach to business transformation.
- Ecosystem Access: Enables companies to tap into a vibrant ecosystem of partners, customers, and vendors, adding significant value to their business.
Importance of Talent
- Criticality: Talent shortage is identified as the biggest barrier to adopting new technologies, outranking implementation costs and security risks.
- Impact: Affects organizational growth plans. Companies must find alternative ways to prepare their workforce to address the skills gap.
- Demand: With 80% of global business transactions touching an SAP system, a skilled workforce on the SAP platform will be highly sought after.
SAP Next-Gen Labs
- Program Overview: A community for students interested in technology and innovation, aiming to become decision-makers who can shape enterprises into intelligent ones.
- Partnerships: Access to 2717 educational institutions across 111 countries, 153 SAP Next-Gen Labs, and 117 SAP Next-Gen chapters.
- Benefits:
- Early Exposure: SAP Young Thinkers initiative allows middle school students to explore computer and data science.
- Professional Certifications: Through SAP University Alliances, students can earn micro-credentials, such as the SAP TS410 badge for business process integration.
- Integrated Curriculum: Micro-credentials are integrated with degree requirements, providing practical skills during college education.
- Salary Increase: Students can command 40% higher salaries with micro-credentials, making them more attractive in the job market.
- Interest in SAP Ecosystem: Interest in careers within the SAP ecosystem has steadily increased.
Infosys Innov8
- Initiative: A strategic initiative to accelerate digital transformation in enterprises using SAP digital solutions.
- Objectives:
- Capitalize on Infosys' vast knowledge and experience with AI/ML technologies.
- Utilize Infosys' expertise in working with hyperscalers to cloud-enable SAP S/4 HANA.
- Create and prepare new talent for the industry, addressing an imminent shortage of 300,000 professionals in the next three to five years.
- Partnerships: Collaboration with SAP and over 30 North American universities to construct courses.
- Success: Over 1000 students have participated in the program, with Infosys recruiting over 200 students.
Synergistic Partnership
- Alignment: All players involved aim to educate students on SAP.
- Benefits for Students:
- Opportunity to work with SAP's 400,000 customers in 180 countries and 21,000 partners like Infosys.
- Free access to online learning resources.
- Industry certifications in the latest SAP technologies.
- Career Paths:
- Consultant: Intelligent enterprise resource planning with SAP S/4HANA, intelligent enterprise resource planning with SAP S/4HANA Cloud, human experience management with SAP SuccessFactors, high-performance in-memory database management with SAP HANA, business intelligence and predictive analytics with SAP Analytics Cloud.
- Developer: Application development for SAP HANA, SAP Integration Suite, SAP IoT and edge, SAPUI5 and SAP Fiori applications.
- Architect: SAP IoT and edge.
- Certification Impact: 35% of respondents experienced a salary increase, 44% reported higher-quality work, and 91% gained credibility, believing the time and money were worth it.
Conclusion
By aligning efforts through SAP Next-Gen Labs and Infosys Innov8, companies can effectively bridge the skills gap and drive digital transformation. This collaborative approach ensures that students are well-prepared with practical skills and industry certifications, making them valuable assets in the job market.