SAP launches Industry Knowledge Exchange in collaboration with AWS

The exchange will bring together enterprises, consulting firms, and academia across 25 industries enabling technological co-innovation, sharing of best practices, and deliberation on regulatory policies, it said.

Companies like Maruti Suzuki, Philips India, More Retail and Bombay Shaving Company will be a part of this initiative.

“Organizations and their business leaders have the power to create momentum and shape the future of their respective industries. We want to enable corporates in creating business networks that allow various industries to interact and achieve uniform growth across the whole value chain,” said Kulmeet Bawa, President & Managing Director, SAP Indian Subcontinent.

“With the Industry Knowledge Exchange Platform, our objective is to empower Indian enterprises to promote growth and operational continuity…”

The knowledge exchange confluence will set up an industry board for each sector which will help identify sectoral challenges and drive engagement.

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It will also facilitate collaboration between multiple stakeholders and help improve regulatory and policy inputs from industry bodies such as the Confederation of Indian Industries (CII), Indian Pharmaceutical Alliance (IPA), and Automotive Component Manufacturers Association (ACMA).

“By bringing together expertise and perspectives from the larger ecosystem, enterprises can tap into mutual growth opportunities, expanded networks, and fuel innovation to solve larger business challenges around emerging technologies, talent, and sustainability. Our collaboration with SAP will enable maximizing business value across industries by fast-tracking their digital transformation and help them be future-ready,” said Puneet Chandok, President, Commercial Business, AWS India and South Asia, Amazon Internet Services.

The first edition will focus on five industries, consumer, life sciences, auto, manufacturing, start-ups, and unicorn businesses before – and will gradually expand to include the remaining industries.