The chemical industry today is facing numerous challenges. Factors like high capital costs, changing raw material prices and geopolitical climates, global shift of demand and supply centers, erratic demand patterns, mass commoditization and customization of products, competition from new incumbents, and an overwhelming amount of regulations create an ongoing pressure on profits and margins.
However, with the rapid growth of the Industrial Internet of Things and recent advances in Industry 4.0 technologies like cloud computing, machine learning and remote sensing or blockchain, there’s a lot of transformative potential through digitalization for the chemical industry. Early adopters have already seized this unique opportunity to drive innovative business models and act as game-changers or digital disruptors, even amid so many challenges.
Now, this your opportunity to shine and show how you help the world run better via sharing your #SAPInnovation story by entering the 2019 SAP Innovation Awards.
The Innovation Award is an opportunity for #TheBestRun customers and partners to showcase how they are driving innovation, making their business more intelligent and utilizing technology to make a difference. This year customers and partners using any SAP product or technology to drive innovation are eligible to submit. Winners will be showcased at SAPPHIRE NOW and will benefit from promotional opportunities with SAP. Finally, up to $25,000 in charity donations will be awarded—just for submitting! Take a look at this blog for more details on the program timeline and prizes.
Measuring the Value of Innovation
There are chances to win across several categories, one of them being the Industry Disruptor. The winner for Industry Disruptor will exemplify how the company has used innovation to disrupt the way the industry has traditionally conducted business. For example; establishing new business models, redefining a critical business process, or enabling strategies that break through existing boundaries. In addition, planning is in the works to showcase other regional industry awards based on the many nominations relevant to industries globally. Be on the lookout for more on this!
The winner of the Industry Disruptor award will receive:
A special recognition for your company and your team
Exposure in select external communications and thought leadership channels
Exclusive opportunities to showcase your success with key SAP executives at SAPPHIRENOW in Orlando and beyond
Here are examples of the past award winners that are driving business value from unique approaches in their industry:
You can find a complete video overview of the 2018 winners below.
Tools Needed to Get the Job Done
All submissions except for the Next-Gen Innovator Partner submissions will be eligible for the Industry Disruptor award. Partners that submit on behalf of a customer should ensure they have obtained customers consent to participate. Each entry will be reviewed and scored by a panel of SAP Industry judges. To ensure you stand the best chance of claiming the Industry Disruptor award, take note of the judging criteria and ensure your pitch deck highlights the following:
Use Case: How is the entrant using SAP technology / products to add value?
Outcome: What business or social outcomes have resulted from the project?
Value: What business or social value has been realized?
Human Empowerment: How does the project impact the lives of individuals either inside or outside the organization?
Intelligent Enterprise: How is the company applying technology and innovative approaches to progress toward an Intelligent Enterprise?
Let’s Get Started!
We are very anxious about hearing your #SAPInnovation story!
You can find more information on the Innovation Awards timeline and list of prizes here. For details on the judging criteria and category definitions, visit the Innovation Awards website.
The submission period is open now and all entries are due by February 8, 2019. Get started today and remember to join the #SAPInnovation conversation online.