Technology that supports growth is essential for any start-up, scale-up, or mature digital-native company. Yet determining if that technology, like enterprise resource planning (ERP), is providing value as the business expands can be a difficult task. SAP and similar vendors can tout benefits such as data visibility, automation, and better efficiency overall, but what do those mean to key performance indicators and, ultimately, to the bottom line? The real proof comes from talking to those organizations that have implemented technology and can see the real-world impact it has had on their business. IDC Research interviewed scale-up companies in the hypergrowth phase of their business growth about their use of SAP Cloud ERP solutions as a platform for running their businesses and operations. These organizations described SAP Cloud ERP as an enabler of achieving growth with efficiency, purpose, and agility. As a result, they achieve better business outcomes in a more efficient and cost-effective fashion, which allows them to expand more readily and makes them more attractive as a potential acquisition target or to prepare for a potential initial public offering (IPO).
