The transformative power of artificial intelligence (AI) is being felt across most industries, changing the way businesses run their operations, interface with customers, manage revenue, and much more. In sectors such as telecom, media, automotive, utilities, professional services, life sciences, medical devices, and software/SaaS, AI is becoming a game-changer for streamlining workflows, enhancing customer experiences, and optimizing financial and supply chain management. 

The utilities industry is seeing a notable trend toward adopting cloud-based ERP solutions and advanced subscription management software to address changing business models, customer preferences, energy sharing practices, and complex compliance issues.

The media industry is at a crossroads, with streaming services, evolving licensing models, and increasing M&A activity transforming the way content is created, distributed, and consumed. Revenue recognition challenges are rising as companies adopt more complex business models, while the rise of cloud ERP solutions is enabling companies to streamline their operations, ensure compliance, and adapt to new revenue streams. The convergence of these trends is driving the industry toward greater integration, flexibility, and data-driven decision-making, thereby reshaping the landscape for media companies and content consumers alike.

The automotive sector is increasingly embracing subscription-based features and software add-ons as part of their vehicle offerings. The automotive subscription model is a natural extension of the broader trends in the industry. From the early days of personal car ownership that was the norm for over 100 years, to the rise of leasing and shared mobility rideshare services, today’s expansion of subscription services are part of a larger movement towards flexibility, connected services, and digital transformation in the automotive industry.

Simplifying Revenue Recognition with SAP S/4HANA Cloud Public Edition: Introducing Universal RevRec

The Bramasol team concurs with nearly everyone we engaged with in Orlando that this was one of the most well-attended and productive SAP Sapphire events in recent years. Beyond the significant announcements from SAP, our conversations with companies across various industries revealed a growing excitement about the potential for change and a readiness to embark on the next steps.

SaaS companies face a unique blend of technical, operational, financial, and strategic challenges as they scale and evolve. To effectively manage these challenges, more large and mid-sized SaaS companies are now moving away from traditional on-premise ERP systems or outgrowing the limitations of low-end cloud ERPs, with the majority shifting to comprehensive cloud-based ERP solutions such as SAP S/4HANA Cloud ERP. This shift allows for easier access to data, enhanced collaboration, real-time analytics and future-proof scalability.

As with many other market segments, the Medical Device industry is being disrupted by two major macro trends: 1) the move to new offerings with recuring revenue models, and 2) the transformation of business operations with cloud-based ERP systems. This Insights post provides an overview of these new medical device product/service offerings and an exploration of how SAP Cloud ERP can help optimize and unify back-end systems for managing them.

Today's telecommunications companies face a myriad of challenges as they expand and integrate multiple business activities. Robust subscription management is always important however, depending on each telco's particular business model, they may need sophisticated processes for building and/or leasing infrastructure, bundling in mobile devices or other equipment, licensing third-party content, and compliance reporting for complex revenue sharing scenarios.