The SAP Business as Unusual book by Thomas Saueressig and Peter Maier was released at the end of December (click on badge on left to link to the Amazon page). The book relies heavily on conversations with SAP, customer, partner, research firm and SAP.iO Foundries startup executives in over 25 countries and on visits to Industry 4.0 and Customer Experience Centers at key SAP global locations.
We ended up with hundreds of hours of videos and 2,500 pages in transcripts, slides and research papers. We plan to showcase a selection of video excerpts for each chapter so readers can get to know the contributors a bit better and get a glimpse at some of the SAP assets described in the book. These are bite sixed excerpts – in most cases less than 5% of the conversations we recorded.
Leading off for Ch. 6 and Megatrend 5 of 8 – Future of Capital and Risk – is Falk Rieker, Global Head of Banking IBU at SAP. The chapter includes plenty of his commentary and that from other SAP executives and those at Bank of London, Deutsche Börse Group and ERGO Mobility Solutions.
Anthony Watson, Founder and CEO of Bank of London explains their role as a clearing bank (the first approved in the UK in decades) and how it is more of technology vendor, not a traditional financial institution.
Lars Bolanca, SVP of Deutsche Börse Group, one of the most influential global exchange/market infrastructure providers, explains their value chain. He also describes the balancing act of constantly innovating to keep up with new financial instruments and their massive volumes while complying with stringent regulations in multiple global jurisdictions.
Karsten Crede, CEO of ERGO Mobility Solutions, part of Munich Re, presented at an SAP Fioneer Conference. In this excerpt, he explains how auto insurance has to become smarter in line with increasingly smart vehicles and how insurance companies need to step up as strategic partners and not be viewed as Tier 3 suppliers in the auto supply chain
Stuart Grant, Head of Capital Markets at SAP, discusses the fintech space and how SAP works with next-gen financial institutions like Mollie and Bank of London.
The twin of this post with text and graph excerpts for this chapter is here