Britain beats Europe in business intelligence
Small businesses in the UK are more open than Europeans when it comes to using technology to understand their customers - and take on larger rivals.
British small and medium sized businesses (SMBs) adopt business intelligence at a much higher rate than the rest of Europe, as it has a culture and history of using data to make decisions.
This was according to senior vice president for SMBs at SAP Luis Murguia, speaking to IT PRO in London today. He said that European businesses tended to make decisions on assumptions, rather than firm data.
"British companies put much more relevance onto good technology and solutions to manage processes," Murguia said.
Jim Williams, managing director of SAP customer TMG Telecoms, said ERP and business intelligence software were important in competing against enterprises like BT.
"They are the Goliath and we are the David, and they are very good at what they do and what we do," he said.
"The difference is we turn like a speedboat and they turn like an oil tanker. But to take advantage of our ability to turn we need to have the information to support it."
Williams said of SAP's software: "It will assist with the growth aspects of the business, because it enables us to talk to different sectors and clients."
Sign up today and you will receive a free copy of our Future Focus 2025 report - the leading guidance on AI, cybersecurity and other IT challenges as per 700+ senior executives
Murguia used the example of law firm Shoosmith, which was in the process of integrating a complete SAP solution, as it wanted to use one consistent information system to expand and grow.
David Bason, IT director at fellow SAP customer Shoosmith, said business intelligence would help his firm grow and appeal to its customers.
"We see an increasing demand in our customers, who are becoming more discerning and more demanding, and want more for less," he said.
-
What does modern security success look like for financial services?Sponsored As financial institutions grapple with evolving cyber threats, intensifying regulations, and the limitations of ageing IT infrastructure, the need for a resilient and forward-thinking security strategy has never been greater
-
Yes, legal AI. But what can you actually do with it? Let’s take a look…Sponsored Legal AI is a knowledge multiplier that can accelerate research, sharpen insights, and organize information, provided legal teams have confidence in its transparent and auditable application
-
UK firms are pouring money into AI, but they won’t see a return on investment unless they address these key issuesNews An SAP report projects increased AI investment, but cautions that too many organizations are taking a fragmented approach
-
Digital immaturity is holding back growth in the UKNews Research from SAP shows a lack of digital maturity is holding back enterprise digital transformation goals.
-
Put AI to work for talent managementWhitepaper Change the way we define jobs and the skills required to support business and employee needs
-
SAP has found a way to bring us all on the digital transformation journeyAnalysis From Joule to WalkMe, Sapphire 2024 was all about how generative AI can make everyone’s job that little bit easier – and this is just the start
-
SAP just appointed its first chief AI officerNews The company veteran will lead a new SAP business unit dedicated to the growth and progression of its AI offering
-
SAP treads a fine line with restructuring plans amid generative AI pushAnalysis SAP said it plans to integrate generative AI tools heavily within operations, but has been keen to emphasize this won’t equate to mass job cuts
-
FDM Group strikes SAP partnership to train next generation of tech consultantsNews New collaboration aims to meet the growing demand for SAP expertise and bridge the wider digital skills gap
-
More than a number: Your risk score explainedWhitepaper Understanding risk score calculations