August 7th, 2024

Author

Alex Lazich
August 07, 2024

Alex’s Note

In between watching the Olympics (shoutout to the US women’s gymnastics team for their performance!) I’ve been reading Principles for Dealing with the Changing World Order. Ray Dalio’s newest principle’s book is a fantastic read, especially with the tumult of the US election looming. A must read, in my opinion.

Onto the ERP news.

SAP and Hilti Co-Innovate to Bring Product Lifecycle Management to the Cloud

SAP and Hilti have teamed up to bring product lifecycle management (PLM) to the cloud, enabling seamless integration with SAP's cloud ERP and supply chain solutions. This collaboration aims to enhance efficiency, streamline workflows, and improve product data management.

Interesting Articles

Mondelez International (the company behind Toblerone) is investing $1.2 billion in a major overhaul of its ERP and supply chain systems. This multi-year project, partnered with SAP, Accenture, and o9 Solutions, aims to enhance efficiency and streamline operations across various regions over the next five years​. Article includes links to other notable ERP projects, including Hershey’s and Ralph Lauren.

Industry Movement

Stripe is continuing acquisitions as it becomes a stronger embedded financial player and continue to support their Stripe Treasury product.

South Dakota Finds Its Second-Ever CTO in Private Sector

Madhu Gottumukkala, a private-sector executive with extensive experience in health-care IT, has been appointed as South Dakota's second-ever Chief Technology Officer (CTO). He succeeds Pat Snow and will lead the state's technology initiatives, focusing on improving IT infrastructure including implementing a new ERP for South Dakota.

Flywire, a US-based payments firm, is considering a sale after receiving acquisition interest. They are working with Qatalyst Partners to explore offers from potential buyers, including private equity firms, with discussions still in the early stages​.

Thought Pieces

This is a rather technical article, but does a great overview of some of the fads and concepts that have gone through data engineering - everything from SQL to Non SQL. It argues that simplifying data pipelines enhances their effectiveness, maintainability, and scalability by reducing complexity and fostering straightforward solutions.

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-Alex