STOCK TITAN

SAP S/4HANA is Driving Nordics in a Digital Direction

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags

Service providers are adding resources, enhancing tools to help power the transformation, ISG Provider Lens™ report says

STOCKHOLM--(BUSINESS WIRE)-- Enterprise demand for SAP transformation services in the Nordics has grown exponentially over the past 12 months, as companies seek industry-specific solutions and accelerate their cloud transformations, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.

The 2023 ISG Provider Lens™ SAP Ecosystem report for the Nordics finds the planned phase-out of support for SAP’s ERP Central Component (ECC) in 2027 has led to increased adoption of SAP S/4HANA. In the Nordic region, RISE with SAP, a unified ERP-as-a-service offering, has played a major role in enterprises embracing SAP in the cloud.

“There is a rising call in the Nordics for increased SAP cloud services,” said Anthony Drake, ISG director, North Europe. “Providers have responded by extending their partnerships both with SAP and with hyperscalers.”

Expansion of the SAP market has led to a growing focus on certification and training, which remains a top priority among service providers, the ISG report says. Over the past few years, there has been a significant increase in certified professionals for SAP cloud solutions on the provider side, both globally and locally.

Providers have also increased their focus on developing industry-specific roadmaps to help enterprises overcome challenges specific to their industries, the ISG report says. For example, accounting and consulting firms have been using their expertise to expand their footprints in the Nordic region by supporting central finance transformations on SAP S/4HANA. Some of these same firms have built up their employee base in the region, ISG says.

There has been a corresponding increase in local resources in the Nordic region that are familiar with regional nuances and the challenges of regional clients across industries. According to the ISG report, the preference among Nordic enterprises for a local presence has prompted service providers to establish regional delivery centers and increase the number of dedicated and trained full-time employees in the Nordics.

“Enterprises are seeking SAP service providers that will remain with them over the long haul,” said Jan Erik Aase, partner and global leader, ISG Provider Lens Research. “They are looking for support from providers throughout the entire transformation process – from assessment to implementation and beyond.”

The report also examines how providers have stepped up efforts to incorporate automation and AI in the tools and accelerators they use for SAP transformations and managed services.

The 2023 ISG Provider Lens™ SAP Ecosystem report for the Nordics evaluates the capabilities of 29 providers across three quadrants: SAP S/4HANA System Transformation, Managed Application Services for SAP ERP and Managed Platform and Cloud Services for SAP ERP.

The report names Accenture, Capgemini, Eviden (Atos), HCLTech, TCS and Tietoevry as Leaders in three quadrants each, while Cognizant and IBM are named as Leaders in two quadrants each. Infosys, Kyndryl, Tech Mahindra, T-Systems and Wipro are named as Leaders in one quadrant each.

In addition, LTIMindtree is named as a Rising Star — a company with a “promising portfolio” and “high future potential” by ISG’s definition — in two quadrants. PwC is named as a Rising Star in one quadrant.

The 2023 ISG Provider Lens™ SAP Ecosystem report for the Nordics is available to subscribers or for one-time purchase on this webpage.

About ISG Provider Lens™ Research

The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG's global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG's enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Canada, Brazil, the U.K., France, Benelux, Germany, Switzerland, the Nordics, Australia and Singapore/Malaysia, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this webpage.

A companion research series, the ISG Provider Lens Archetype reports, offer a first-of-its-kind evaluation of providers from the perspective of specific buyer types.

About ISG

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 900 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,600 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.

Will Thoretz, ISG

+1 203 517 3119

will.thoretz@isg-one.com



Julianna Sheridan, Matter Communications for ISG

+1 978-518-4520

isg@matternow.com

Source: Information Services Group, Inc.

Information Services Group, Inc.

NASDAQ:III

III Rankings

III Latest News

III Stock Data

162.89M
34.94M
28.57%
63.12%
0.29%
Data Processing, Hosting, and Related Services
Information
Link
United States of America
STAMFORD

About III

isg (information services group) (nasdaq: iii) is a leading global technology research and advisory firm. a trusted business partner to more than 700 clients, including 75 of the top 100 enterprises in the world, isg is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. the firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; technology strategy and operations design; change management; market intelligence and technology research and analysis. founded in 2006, and based in stamford, conn., isg employs more than 1,300 professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry's most compreh