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SAP Applauded by Frost & Sullivan for Driving Sustainability in Energy, Oil, and Gas, and its Market-leading Position

Business

SAP Applauded by Frost & Sullivan for Driving Sustainability in Energy, Oil, and Gas, and its Market-leading Position
Business

Business

SAP Applauded by Frost & Sullivan for Driving Sustainability in Energy, Oil, and Gas, and its Market-leading Position

2024-11-14 13:00 Last Updated At:13:15

SAP prioritizes sustainability to enhance global well-being and drive success, leading with carbon-neutral operations and empowering customers to develop smart, sustainable enterprises.

SAN ANTONIO, Nov. 14, 2024 /PRNewswire/ -- Recently Frost & Sullivan assessed the digital sustainability in the energy, oil and gas industry, and based on its findings, recognizes SAP with the 2024 Global Company of the Year Award. The company is a global technology leader that provides enterprise application software and services. Its extensive suite of applications and solutions span areas such as supply chain management, finance, and data analytics, enabling businesses to adapt to changing market conditions. Moreover, as the push for emissions reduction spreads throughout every industry, SAP is well-positioned to guide its customers into sustainable practices. Aligned with the United Nations' Sustainable Development Goals, SAP aims for net-zero emissions across its value chain by 2030 and continuously improves energy efficiency. The company is committed to eliminating electronic waste by 2030, improving waste management, reducing water consumption, and raising sustainability awareness.

SAP's comprehensive product suite reduces environmental impact and enhances sustainability and efficiency across various industries. The company's solutions facilitate new market creation, such as hydrogen fuel cell vehicles, by addressing limitations in hydrogen availability and supporting sustainable transportation growth. SAP also aids in converting traditional oil refineries to biodiesel production facilities, aligning operations with global sustainability goals, and capitalizing on renewable energy opportunities. Furthermore, its end-to-end value chain management enhances operational efficiency and regulatory compliance, empowering customers to innovate and meet sustainability targets effectively. SAP's "We Measure" program allows organizations to measure their carbon footprint at various levels, enabling them to set and track key performance indicators (KPI) related to their CO2 impact. Additionally, SAP supports sustainability report creation that comply with standards such as the Center for Sustainable Rural Livelihoods and the Global Reporting Initiative, automating the data gathering and reporting process for accuracy and efficiency.

Samantha Fisher, best practices research analyst, Frost & Sullivan, observed "Emphasizing the importance of harmonized data for effective sustainability reporting, SAP solutions such as the Enterprise Sustainability Hub integrate data from various sources, including SAP and non-SAP systems, to streamline the reporting process. This approach supports customers with different sustainability maturity levels, from manual spreadsheet-based processes to fully automated systems."

SAP supports organizations across various industries, such as utilities, water and wastewater, and power, in effectively managing their environmental impact and driving sustainability initiatives. By combining its technology with partner expertise, the company helps organizations achieve their sustainability goals while maintaining operational and financial performance, transforming raw data into actionable insights that drive efficiency and sustainability. SAP's partnerships underscore its commitment to innovation and sustainability, leveraging collaborative efforts to meet diverse market demands and drive meaningful impact. The company covers the entire lifecycle of environmental data management from recording and accounting to reporting and action, enabling comprehensive oversight and actionability. By enabling advanced digital technologies and robust analytics, SAP accelerates the adoption of sustainable practices, positioning itself as a crucial partner in the digital transformation of the energy and O&G industries.

"SAP integrates sustainability initiatives into its operations and solutions, enhancing transparency and customer confidence. It offers comprehensive tools across various sectors to accurately measure environmental impact and support sustainable growth. The company remains a trusted partner, earning a reputation for offering the overall best in the market," added Paulina Blaszczyk, industry analyst at Frost & Sullivan.

Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration.

Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Contact us: Start the discussion.

Contact:

Tarini Singh
P: 9953764546
E: tarini.singh@frost.com

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

SAP Applauded by Frost & Sullivan for Driving Sustainability in Energy, Oil, and Gas, and its Market-leading Position

SAP Applauded by Frost & Sullivan for Driving Sustainability in Energy, Oil, and Gas, and its Market-leading Position

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Inter BEE 2024: Experience Hohem's AI-Powered Gimbal and Creative Workshop

2024-11-14 12:05 Last Updated At:12:25

CHIBA, Japan, Nov. 14, 2024 /PRNewswire/ -- Hohem, a leading global innovator in smartphone and camera gimbals, is showcasing its advanced gimbal lineup at Inter BEE 2024 at Makuhari Messe. Held from November 13 to 15, this premier event for video, broadcast and entertainment technology brings together the industry's best to spotlight cutting-edge innovations. Hohem's booth, located at Hall 6, 6303, offers attendees a wonderful hands-on experience with products designed for both beginners and seasoned videographers.

Experience AI-Powered Videography and Win Hohem Prizes

Known as one of Japan's top gimbal brands, Hohem has drawn a large crowd at Inter BEE 2024. The company showcases its hot-selling products—the iSteady M6, iSteady V3, and the iSteady X3—along with a mysterious anniversary edition gimbal that has yet to be officially released. This exclusive preview has intrigued visitors, many expressing their anticipation for the product launch in December.

In addition to product demos, Hohem has invited popular video creator @シライフタ to host workshops, guiding attendees in using Hohem gimbals to create visually captivating videos. Engaging interactions and prize giveaways at the booth have further energized the crowd, making Hohem's workshop a standout event.

AI Tracking: The Core Innovation of Hohem Gimbals

In 2016, Hohem pioneered smartphone gimbals with AI tracking via a mobile app. They further advanced this technology in 2021 with an independent AI tracker, overcoming software limitations to enable automatic tracking across any app. Today, Hohem's AI tracking technology continues to evolve, adapting to more shooting scenarios and enhancing users' creative control.

Japan's scenic landscapes, from cherry blossoms and serene forests to Mount Fuji, inspire locals to document their travels and daily lives. With Hohem's AI tracking, videographers capture seamless, cinematic shots hands-free—effortlessly filming themselves with Japan's iconic scenery, whether alone or with friends.

A Commitment to Continually Enhancing User Experience

A successful exhibition leaves both visitors and the host enriched. At Inter BEE 2024, attendees gain not only insights and prizes but practical tips on videography techniques. For Hohem, the direct feedback from users is invaluable, guiding future product innovations and improvements.

Since its founding in 2014, Hohem has focused on integrating technology into everyday life, helping people document their experiences with ease. Looking ahead, Hohem remains dedicated to making technology a seamless part of life, helping people to capture their stories effortlessly.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Inter BEE 2024: Experience Hohem's AI-Powered Gimbal and Creative Workshop

Inter BEE 2024: Experience Hohem's AI-Powered Gimbal and Creative Workshop

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