WALLDORF — SAP SE (NYSE: SAP) announced today its financial results for the fourth quarter and fiscal year ended December 31, 2024. SAP meets or exceeds all financial outlook parameters for FY2024 Current cloud backlog of €18.1 billion, up 32% and up 29% at constant currencies Total cloud backlog of €63.3 billion, up 43% and up 40% at constant currencies Cloud revenue up 25% and up 26% at constant currencies in FY2024 Cloud ERP Suite revenue up 33% and up 34% at constant currencies in FY2024 Total revenue up 10% and up 10% at constant currencies in FY2024 IFRS operating profit down 20%, non-IFRS operating profit up 25% and up 26% at constant currencies in FY2024 2025 outlook anticipates accelerating cloud revenue growth Block Quote Block Quote

Harness the power within, drive profitability, and make sustainability a priority The challenges are real. Staffing shortages. Lagging productivity. Asset reliability woes. While we can’t fix all the business challenges you face, we like to think that IFS offers more than software; it’s a partnership for success. As with every release, we are on a mission to simplify the process of using AI. We want you to realize the value of Industrial AI as soon as it’s implemented so that you can just start using it. We’ve developed specific AI-powered use cases tailored to your industry and business needs to achieve this. These use cases are embedded into IFS Cloud, making them easy to access, use, and deliver real value by enabling you to leverage your existing data (projects, assets, services, machine data, maintenance manuals, etc.). We want to empower you with solutions for your industry, and with the latest release of IFS Cloud, that is no exception.  Delivering two releases a year, both releases in 2024 were driven around three key business themes: Power Potential With the release of IFS Cloud 24R2, you can amplify productivity and experiences to overcome staffing issues with AI-powered automation, streamlining workflows, and improving user experiences. You can also extend asset longevity by anticipating and preventing equipment failures and maximizing asset uptime and lifespan. Drive Profitability Fine-tuning your operations is key to achieving profitability, and IFS Cloud 24R2 helps you optimize for success by lowering costs and increasing margins through reducing waste, optimizing resource allocation, and identifying cost-saving opportunities with AI-driven insights. Additionally, it helps build and retain value by streamlining global operations for greater efficiency, unlocking new business models, and empowering your team to deliver exceptional customer service. Make Sustainability a Competitive Advantage Sustainability isn’t just a buzzword, it’s a strategic imperative. IFS Cloud 24R2 equips you to meet compliance demands by staying ahead of complex regulations like CSRD with comprehensive reporting tools and guidance on sustainable practices. It also helps you optimize resource utilization by minimizing waste across your operations and contributing to a circular economy so that you can take action for a better future. Read more about what we’ve explicitly delivered in this latest release below. 24R2 What’s New? Asset Management FMECA, or Failure Mode and Effect Criticality Analysis, is a powerful method for identifying potential failure modes and their potential effects on asset performance. In 24R2, we build into IFS Cloud the ability to identify failure modes, the criticality of an asset in the context of its use, and the different ways you can see the repair optimally perform, helping you proactively identify and mitigate risks. By leveraging document management and AI, we bring in a lot of your asset information and its failure modes and then automatically surface relevant information to a copilot to generate prompts that guide users through the FMECA analysis. This AI-powered approach rapidly consolidates information to speed up the analysis process and improve accuracy, ultimately improving asset reliability and performance. Aviation Maintenance In 24R2, we’ve optimized mobile capabilities to reduce manual data entry for frontline aviation mechanics. By leveraging barcode scanning and automated data retrieval, mechanics can allocate more time to “on-metal” tasks and less to data entry. Furthermore, we’ve strengthened the integration between pilot electronic logbooks and the activity of maintenance personnel streamlining processes in the day of operations. Lastly, we’ve enhanced parts tracking for components that come in without serial numbers and other information by generating internal tracking numbers and managing their flow through the maintenance process, ensuring efficient and effective turnaround. ERP IFS Cloud 24R2 introduces significant advancements in ERP, including an innovative AI-based forecasting method within our time series forecasting model for demand planning. This enhancement improves forecast accuracy, enabling businesses to reduce stock levels while maintaining service levels. Building on the success of our Manufacturing Scheduling Optimization (MSO) solution, 24R2 introduces powerful simulation capabilities so planners can compare capacity ad load scenarios. This AI-driven production planning and scheduling engine considers critical factors such as component shortages, lead times, and demand variability. Now, in 24R2, by analyzing various “what-if” scenarios, manufacturers can increase effectiveness in production planning, optimize resource allocation, maximize capacity utilization for more realistic production schedules, and ultimately better meet customer demand. In the world of HCM, establishing objectives can be time-consuming and difficult leading to low employee engagement. This latest IFS Cloud release introduces SMART Objective Generation. AI supports the creation of meaningful objectives within the context of a job and company values. Service Management IFS Cloud 24R2 introduces significant advancements in service management. AI-powered features like the IFS Home for Dispatchers provide intelligent insights to help dispatchers make informed decisions, such as prioritizing tasks and allocating resources effectively. For example, if a technician hasn’t logged on in the morning. What do we need to do? Presenting information to dispatchers in an intelligent manner in real time is important to help them manage exceptions. The release also enhances appointment booking capabilities, facilitating efficient scheduling and resource allocation. Additionally, for contractor management, the introduction of bucket resources simplifies capacity management at a broader level. Sustainability Organizations face a multitude of sustainability challenges, including regulatory compliance, carbon emissions reduction, and complex reporting requirements. With a little help from our friends, IFS Cloud 24R2 saw the launch of the Sustainability Management solution in IFS Cloud to help organizations navigate the sustainability disclosure landscape. This centralized solution enables efficient management of sustainability data collection, analysis, performance tracking, and disclosure. The solution enables organizations to meet the rigorous requirements of complex directives like the CSRD and other emerging standards. By leveraging the data sourced from IFS Cloud, organizations can make informed decisions that drive sustainability action, enhance transparency, mitigate risks, and optimize resource utilization. The IFS Emission Tracker app continues to advance in 24R2, helping customers calculate their carbon footprint to meet global requirements.​ In this release, we have further expanded Scope 3 or indirect emissions support. There is more good news in the area of sustainability with new functionality in our procurement solution.  Procurement managers can now accurately identify carbon emission figures associated with procured goods and services through primary and secondary sources, enabling a better understanding of the impact of procurement activities at the source. Additionally, we’ve integrated with Climatiq, a third-party carbon intelligence solution provider, and leveraged AI to provide estimated carbon emissions for purchases. This information can be used in Eco footprint management in manufacturing and the new Sustainability module as inputs to key performance indicators (KPIs). Industrial AI is IFS.ai As you have read, there is a lot packed into this release and IFS Cloud 24R2 represents another step towards ensuring Industrial AI solutions are embedded into every aspect of your business. To learn more about the exciting features of IFS Cloud 24R2, please visit our What’s New web page, which provides access to our Release Showcase demonstrations.

In this new world of AI agents, strategic technology partnerships are more important than ever to unlock trapped data and power agentic AI experiences. By collaborating with key technology providers like AWS, Salesforce is extending the boundaries of possibility. One year into their expanded strategic partnership, Salesforce and AWS have made making significant strides in integrating data and AI capabilities across their respective platforms, with joint customers like Buyers Edge Platform already seeing the benefits. This collaborative effort is facilitating the development of a new class of agentic systems, positioned to deliver enhanced experiences for both businesses and consumers. At the same time, the two industry leaders have been aligning data and AI related initiatives to build an ecosystem for supporting AI agent delivery. In the last year, for example, the companies created zero copy functionality in Data Cloud with Amazon Redshift and integrated Salesforce’s Model Builder’s BYO LLM (bring your own LLM) capabilities with Amazon Bedrock.  “By integrating data and AI capabilities across our platforms, Salesforce and AWS are building a strong foundation for the future of agentic systems,” said Brian Landsman, EVP of Global Business Development and Technology Partnerships at Salesforce. “With a majority of large companies planning to implement agents by 2027, it’s critical for organizations to be able to turn to trusted, innovative partners to help them build a successful agentic enterprise.”  Block Quote Unleashing AI accessibility for all   Salesforce is ensuring that its innovations are easily available to customers by offering AI  technology through the AWS Marketplace, including Agentforce, the agentic layer of the Salesforce Platform for deploying autonomous AI agents across any business. All Salesforce clouds are available on AWS Marketplace in 23 countries, simplifying the procurement process and helping customers easily unlock value and maximize their existing technology investments. This offering allows companies to manage their IT spending, access flexible pricing options, and take advantage of a streamlined billing process, all through a single platform. This seamless experience empowers businesses to focus on using technology rather than navigating complex procurement processes. As Salesforce and AWS continue to build on these offerings, they’re setting the stage for a new era of enterprise that relies heavily on data and agentic capabilities‌ — ‌allowing businesses to execute complex tasks more efficiently and effectively. “Our partnership with Salesforce empowers our mutual customers to realize the full potential of their data and AI investments. Together, we’re delivering immediate, reliable, and actionable insights with agentic AI, enabling customers to automate strategically and deliver more value from every part of their business,” said Chris Grusz, Managing Director of Technology Partnerships, AWS. “It’s a promise to fundamentally change the way enterprises operate and thrive.” Powering tomorrow’s agentic enterprises Companies like Buyers Edge Platform are benefitting from the Salesforce-AWS expanded partnership with more streamlined data management, increased productivity, and new AI capabilities. The integration work is helping businesses scale at unprecedented rates and is providing the structured and unstructured data agentic systems they need to perform and deliver for enterprises.  For example, Salesforce Data Cloud, enhanced by AWS’s cloud capabilities, allows for zero-copy, bidirectional integrations. Tied to the Zero Copy Partner Network, this technology provides a comprehensive, real-time view of a company’s data without cumbersome processes like data duplication or reformatting. This has proven transformative for Buyer’s Edge, a leading software and analytics company providing data-driven insights and technology to the foodservice industry.  Over the past five years, Buyers Edge has acquired 23 companies, creating a fragmented data landscape that had become increasingly complex to manage. But with zero copy technology, Buyers Edge has been able to streamline data from more than 30 disparate sources‌ — ‌including Amazon Redshift‌ — ‌into one unified system that helped them simplify data management and gain full visibility into all of the organization’s data. “The Salesforce-AWS partnership is enabling rapid growth for us. By unifying allowable data from across our 20+ software offerings and leveraging zero copy technology, we’re able to leverage unified data to drive more powerful insights for our customers,” said Josh Tackett, CTO at Buyers Edge. “Without this type of technology, we were fighting an uphill battle trying to map disparate systems together, but now we have a seamless tool to combine our data which allows us to focus on building more impactful products.” Block Quote The impact of the Salesforce-AWS partnership extends beyond individual enterprises — it’s also reshaping entire industries. By equipping organizations with data-driven, AI-powered solutions, the two companies are helping sectors like automotive unlock new levels of operational intelligence and efficiency. For example, Salesforce Connected Vehicle has data integrations with AWS IoT FleetWise, which enables automakers to easily integrate vehicle and fleet data that streamlines connected car experiences while removing complex manual integrations. These capabilities are built on a shared foundation of data that flows freely across platforms, allowing businesses to capitalize on emerging technologies without having to overhaul existing infrastructures. As more industries move toward agentic enterprises, the Salesforce-AWS partnership will help businesses deploy customized agents that can navigate multiple systems, databases, and applications with ease. These autonomous agents have the potential to revolutionize how industries operate, creating efficiencies and improving outcomes on a monumental scale. Looking ahead: a partnership built for tomorrow Customers will continue to benefit from the partnership between Salesforce and AWS, with more innovations and regional support planned for 2025. With advancements laser-focused on privacy, compliance, and building trust in the agentic era, customers can expect future updates, including enhancements to the Zero Copy Partner Network and new integrations like Private Connect and Salesforce Contact Center with Amazon Connect. As the partnership evolves, companies are positioned to harness the combined power of agentic AI and data in ways that not only drive efficiency but also open doors to new business models. For technology leaders and enterprises worldwide, the collaboration represents an opportunity to embrace the future of AI‌ — ‌a future where agents powered by trusted data can make decisions, execute tasks, and drive meaningful outcomes at scale. By enabling businesses to unify data, automate processes, and create a powerful environment for agentic innovation, Salesforce and AWS are helping organizations embrace the full potential of their digital landscapes.

Pretec-is-modernizing-its-operations-with-RamBase-Cloud-ERP

Pretec is modernizing its operations with RamBase Cloud ERP

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Salesforce-Launches-AgentExchange-the-Trusted-Marketplace-for-Agentforce

Salesforce Launches AgentExchange: the Trusted Marketplace for Agentforce

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'All Aboard the Omnibus: proposed changes and what it means for our customers' featured image

All Aboard the Omnibus: proposed changes and what it means for our customers

• Why the changes?
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Sandvold & Velde Supply strengthens processes with RamBase QMS

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Pretec-is-modernizing-its-operations-with-RamBase-Cloud-ERP

Pretec is modernizing its operations with RamBase Cloud ERP

Pretec, a leading supplier of steel products to the construction industry, has chosen RamBase Cloud ERP as its new digital platform. The company wanted to modernize its systems and move away from on-premise solutions to a flexible, cloud-based platform that can support its growth and future IT needs. Limitations with on-premise Pretec has grown from a small business in Sarpsborg, Norway, to an international player with 300 employees and operations in seven countries. Before implementing RamBase Cloud ERP, they used Visma Business and SuperOffice – both on-premise solutions that no longer satisfied the need for flexibility and integration. A comprehensive IT analysis conducted in 2023 revealed that the company required enhanced system support for several of its core processes. Additionally, the desire to provide customers with better digital documentation for products, quality, and environmental standards played a key role in the decision to switch systems. The choice fell on RamBase Cloud ERP Pretec considered several ERP solutions before choosing RamBase, including alternatives such as Jeeves, Microsoft Dynamics 365, Visma Business NXT and NetSuite. What really appealed to Pretec about RamBase Cloud ERP was the holistic user interface for all users and main processes. A decisive factor was also the ability to follow documentation and status at line level throughout the process in the system. Block Quote This, combined with the fact that RamBase was a cost-effective choice, fitted perfectly with Pretec’s needs for both future growth and modern IT solutions. Goals for the future Pretec is in the process of implementing the system and has already held its first workshop with the RamBase team. The aim of the implementation is to give Pretec’s employees a more efficient and streamlined working day. RamBase will support the most important business processes and provide employees with an efficient and modern solution for handling daily tasks. Through good collaboration, Pretec will be well prepared to meet future requirements in an increasingly digitized world.

Salesforce-Launches-AgentExchange-the-Trusted-Marketplace-for-Agentforce

Salesforce Launches AgentExchange: the Trusted Marketplace for Agentforce

AgentExchange empowers partners, developers, and the Agentblazer community to build and monetize agentic AI components, fueling the next generation of businesses in the $6 trillion digital labor market AgentExchange includes more than 200 partners, including Google Cloud, Docusign, and Box, building trusted Agentforce solutions that businesses can use to rapidly build AI agents Developers can discover, try, and buy hundreds of prebuilt partner actions, topics, and templates on the marketplace or surfaced directly within Salesforce’s agent building tools SAN FRANCISCO – March 4, 2025 – Salesforce (NYSE: CRM), the #1 AI CRM, today launched AgentExchange, the trusted marketplace and community for Agentforce that is built into Salesforce, opening up new opportunities for partners, developers, and Agentblazers to participate in the rapidly expanding $6 trillion digital labor market.  Building on the success of Salesforce AppExchange — the first and world’s largest enterprise cloud marketplace, which has grown to more than 13 million app installs — AgentExchange expands the capabilities and ecosystem of Agentforce, Salesforce’s digital labor platform. AgentExchange launches with more than 200 initial partners and hundreds of ready-made actions, topics, and templates that have passed rigorous security and customer reviews. Combined, these solutions will help organizations quickly create and deploy AI agents to improve productivity, efficiency, and innovation in any profession or industry.  “Accelerating our speed of execution is critical to Goodyear’s ability to deliver for our customers and maximize our end-to-end value proposition. We’re excited about the potential of the ready-to-use solutions from AgentExchange to enhance our speed, efficiency, and customer experience,” shared Goodyear CEO and President Mark Stewart.  Block Quote Partners are already building Agentforce components for AgentExchange. For example: Google Cloud: Build Agentforce agents, grounded in Google Search via Vertex AI and with the ability to reference up-to-the-minute data, news, and current events.  Box: Enable Agentforce agents to extract insights from unstructured data and power actions with that information, using natural language to interact with content in Box.  Docusign: Generate agreements, route for signatures, track status, and gain key insights‌ — ‌automating workflows and boosting efficiency.  Workday: Streamline critical employee self-service workflows such as onboarding, benefits management, and career development, freeing up HR teams and significantly enhancing the employee experience. “When we launched AppExchange in 2005, it helped our customers get even more value from our platform with prebuilt apps, workflows, and integrations. It also gave our partners an opportunity to participate in the emerging cloud economy and build thriving businesses,” said Brian Landsman, EVP & GM, Global Business Development & Partnerships at Salesforce. “With AgentExchange, we’re doing much the same — opening up Agentforce for partners, startups, and Agentblazers to participate in the digital labor market and build agentic AI on Salesforce.”  “AgentExchange empowers customers to seamlessly integrate trusted AI solutions within their workflow,” said Alice Steinglass, EVP & GM of Platform, Integration and Automation at Salesforce. “Now our developer community can directly tap the expertise of our partner ecosystem to get the right industry-specific solutions so they can build and implement AI agents, and be the pioneers turning their businesses into Agentforce companies.”  New AgentExchange and Agentforce features include: New partner-built components: Partners and Agentblazers can now offer four types of agentic components: Actions: Expand the jobs agents built with Agentforce can do by adding new integrations — ranging from Apex, flows, APIs, and prompts — to tailor industry-specific components. Prompt templates: Use pre-written, reusable prompts that ensure consistent interactions and help agents gather information, assist users, and achieve specific goals.  Topics: Focus and refine agent behavior by grouping actions and instructions around a single task or job. This helps to ensure agents deliver consistent results and stay within guardrails. Agent templates: Deliver comprehensive AI solutions by combining multiple topics and using the powerful actions partners have created, complete with metadata and global instructions that span across topics.  Easily discover, try, and buy AI solutions: AgentExchange simplifies the process of finding and deploying the right trusted AI solutions. Customers can explore AgentExchange solutions directly on the marketplace or within Salesforce’s Agent Builder tool to identify the right solutions for their use case, product, or industry. Use standard and Slack actions: Partners and Agentblazers can now offer out-of-the-box Agentforce actions, including Slack, in packaged Agentforce topics and templates on the AgentExchange. These actions empower partner-delivered agents with built-in CRM and Slack capabilities, such as creating a case, canceling an order, updating a Slack canvas, searching Slack, or sending direct messages. Access trusted, industry-specific agent solutions: AgentExchange connects businesses with Salesforce partners who have deep expertise in specific industries. Businesses can implement pre-built, customizable solutions that address unique challenges, accelerating AI adoption and maximizing its impact. Rigorous security reviews and customer feedback ensure trust in every solution listed on AgentExchange. Collaborate and innovate with Agentblazers: AgentExchange fosters a collaborative ecosystem where businesses, partners, and individual Agentblazers can connect, share best practices, and innovate together, accelerating the adoption of agentic AI. Block Quote AgentExchange solutions Partners who have AgentExchange listings or are actively developing Agentforce components include: Sales & service Appiphony: Offers document generation fully integrated with Agentforce.  Bucher + Suter: Enables seamless escalation from agent to human within Agentforce, preserving context for smooth transitions. Docusign: Generates documents, routes for signature, and tracks doc and signature status.  Highspot: Provides Agentforce users with curated sales content and AI-powered analytics to increase buyer engagement and close more deals.  Neuron 7: Directs enterprise service teams through optimal resolution paths for swift, accurate problem-solving. SalesWings: Integrates customer intent data to enhance prospect engagement and sales performance. Seismic: Delivers AI-powered personalized content at scale from Salesforce, ensuring the right content for every opportunity stage and accelerating sales. TechSee: Empowers sales, service, and field service teams with AI-driven visual intelligence to enhance remote assistance and customer support. Finance, operations, and talent  Asymbl: Offers AI-powered recruiting solutions to streamline talent workflows. Bullhorn: Recruitment Cloud Agents leverage over 90 actions to accelerate the entire recruiting lifecycle, improving key processes such as candidate matching, talent engagement, and hiring recommendations. Certinia: Enables managers to monitor a client’s health score, diagnose potential issues, and recommend remedies to customer issues. FinDock: Integrates payment and CRM data, empowering payment agents. InvestorFlow: Simplifies prospect targeting and opportunity aggregation for financial deals. OpenText: Automates document management, reducing storage costs and errors, for better efficiency and management.

5-factors-that-might-be-preventing-you-from-tapping-into-the-reshoring-trend

5 factors that might be preventing you from tapping into the reshoring trend

The reshoring trend, primarily driven by large manufacturers, has been gaining momentum in recent years. It represents a major opportunity for businesses to re-establish their industrial processes closer to home – but you might be nervous about winning new business because of the daily challenges you face.  It’s important to remember that these challenges are shared by most of your industry peers, at least to some extent. That doesn’t mean that you can’t benefit from the reshoring trend – in fact, it’s a chance to grow and future-proof your business.  We’re seeing more firms making strategic investments in skills and technology, which puts them firmly in control of their operations, and is already helping them to attract new domestic customers and gain a competitive advantage.  Here, we look at some of the factors that could be standing in your way of trying to win new contracts – and how you can overcome them.  Worker shortages Ongoing labour shortages are impacting nearly everyone in the industry, exacerbated by an ageing workforce, Brexit, and the lasting impact of the COVID-19 pandemic. Earlier this year, the House of Commons reported details of a survey conducted by the ONS in November 2022. It revealed that 13.3% of businesses in the UK reported experiencing a shortage of workers.  This isn’t just a UK issue. By November 2022, more than 30% of EU building contractors could not complete all their work because of personnel shortages.  Additionally, a quarter of the 25 million SMEs in Europe say hiring good quality managers and staff is their biggest concern. Last year, the vacancy rate in the EU was 2.8% – which is now higher than pre-pandemic levels in most member states. Reshoring is the perfect opportunity to develop the skills of your current and future workforce, creating high-quality well-remunerated jobs. There may be opportunities to work with OEMs to build skills via their training academies, giving people access to cutting-edge technologies.  Look for ways to attract the next generation of talent via partnerships with schools and colleges, and see if you can secure funding for in-house training initiatives.  Inefficiencies Inefficiencies in industrial processes can lead to increased costs, impacting the competitiveness of reshoring initiatives. These often result from outdated equipment, inefficient factory layouts, and overly complex supply chain structures.  Supply chain technology offers the visibility needed to streamline long-standing inefficiencies. With relevant business insights available in a central location, staff immediately save time because they are not keying data into different systems – and with better visibility of your operations you can see where resources are being over or under-utilised. Addressing these helps you to reduce overheads, and either pass the lower costs onto your customers or improve profit margins.  Low productivity This remains a significant hurdle for businesses looking to reshore their operations or win new contracts. A government report released in 2022 suggested that the UK suffered from comparatively lower productivity levels than some of its global counterparts.  In fact, compared to other G7 countries, the contribution of capital deepening to labour productivity growth in the UK has been weak. At the same time, labour productivity per hour worked in the EU grew by 0.7% in 2022, maintaining a growth trend even during the COVID-19 pandemic. Once again, supply chain technology offers a solution to this – without inefficiencies holding them back, teams can get more done and increase output.  What’s more, using the latest industry systems is a powerful motivator for people, especially younger employees who are likely to be frustrated and demotivated by time-consuming and old-fashioned manual processes.  Scalability  SMEs may struggle to scale their production quickly in response to fluctuating demand, potentially leading to missed opportunities and customer dissatisfaction. However, with good planning, you can be both agile and efficient when orders come in.  Supply chain technology can support you in both of these areas, helping you to adapt production to changing demand patterns with ease. By integrating operations with your ERP, you can optimise resource allocation and respond effectively to market fluctuations. Sustainability  While bringing supply chains closer to home reduces mileage, manufacturing processes can still have significant environmental footprints. Waste is one of the biggest issues – and is often caused by poor planning and processes that result in overproduction or defects. The sustainability requirements of OEMs might also feel like a barrier to smaller firms, who generally don’t have the resources for consultants or on-site renewable energy sources. But improving sustainability doesn’t have to be costly or time-consuming, and could bring wider benefits to the business. Eliminating waste, consolidating orders to reduce mileage, and optimising production are all good practices that save energy and resources.  Discover how Forterro’s ERP products could help you overcome the most common barriers to reshoring.

'All Aboard the Omnibus: proposed changes and what it means for our customers' featured image

All Aboard the Omnibus: proposed changes and what it means for our customers

In the ever-evolving landscape of sustainability regulations, the European Commission’s recent “Omnibus” package introduces significant amendments to the Corporate Sustainability Reporting Directive (CSRD), EU Taxonomy and Corporate Sustainability Due Diligence Directive (CSDDD). These changes aim to streamline reporting requirements, reduce administrative burdens, and enhance the competitiveness of EU companies. Let’s explore these changes and their potential impact on your business.  Why the changes?  The European Commission’s motivation behind the omnibus legislation is clear: to foster a favorable business environment while ensuring companies are not overwhelmed by excessive regulatory demands. This recalibration is designed to support the EU’s ambitious Green Deal objectives while boosting economic growth and job creation.  What’s next?   The proposal has been adopted by the EU Commission but still requires approval from the European Parliament and the Council of the EU, so it’s likely we will see further changes.   Companies preparing for CSRD reporting, especially where it has been transposed into national law, should continue as planned. Investments made to align to CSRD, such as double materiality, data automation and upskilling, lay the foundation for improved sustainability and reporting practices. With sustainability regulation increasing across the globe, those companies who have already taken these steps are better equipped for the rise in demand for transparency on this topic.   Key changes to the CSRD  Reduction in scope: The new amendments significantly reduce the number of companies required to report under the CSRD. Only large undertakings with more than 1,000 employees and either a turnover above EUR 50 million or a balance sheet total above EUR 25 million will be in scope. This change is expected to reduce the number of companies in scope by about 80%.  Voluntary reporting for smaller companies: Companies with up to 1,000 employees will no longer be required to report under the CSRD. However, they can choose to report voluntarily using a simplified standard developed by EFRAG.  Simplified reporting standards: The European Sustainability Reporting Standards (ESRS) will be revised to reduce the number of data points, clarify provisions, and improve consistency with other legislation. This simplification aims to make reporting more manageable and less burdensome.  Postponement of reporting requirements: The application of reporting requirements for large companies that have not yet started implementing the CSRD and for listed SMEs will be postponed by two years. This gives companies more time to prepare and adapt to the new framework.  Impact on our customers  For our customers, these changes bring both opportunities and challenges. Here’s what you need to know:  Reduced administrative burden: The reduction in scope means that many of our smaller customers will no longer be required to comply with the CSRD.   Voluntary reporting: For those who choose to report voluntarily, the simplified standards will make the process more straightforward. This can enhance your company’s transparency and sustainability credentials without the heavy administrative load.  Extended deadlines: The postponement of reporting requirements provides additional time to align your processes and systems with the new standards. This extension is particularly beneficial for companies that are still in the early stages of implementing sustainability reporting.  Enhanced competitiveness: By reducing the regulatory burden, the amendments aim to boost the competitiveness of EU companies. This creates a more favorable business environment, encouraging growth and investment.  Tracking and managing your sustainability data is not just about meeting regulatory requirements; it also provides significant business benefits. Effective sustainability reporting can lead to improved operational efficiency, enhanced brand reputation, and increased investor confidence. By demonstrating your commitment to sustainability, you can attract new customers, retain existing ones, and differentiate your business in a competitive market.  At IFS, we understand the importance of managing sustainability data effectively. Accurate and efficient reporting is crucial for demonstrating your commitment to sustainability and meeting regulatory requirements. Our solutions are here to support you in this journey, ensuring that you can focus on what matters most, driving your business forward while contributing to a sustainable future. 

Production-–-Planning-and-scheduling

Production – Planning and scheduling

As you know proper planning and scheduling is of key importance for production companies. Dynamics 365 supports this process by optimization through the preparation of plans and schedules in the area of ​​materials. The preparation of demand forecasts and the building of a flowchart on them is essential to ensure smooth production. Whole process depends on warehouse, logistics and shipment management. Efficient planning enables the calculation of delivery times and the creation of a realistic schedule. Production scheduling is based on the allocation of specific material resources, meeting specific guidelines, to carry out selected production orders, taking into account the specified time and in accordance with the adopted planning rules. The effect of scheduling is to define the dates of commencement and completion of production works. The goal of scheduling is, in the simplest terms, to efficiently use the available resources in specific time intervals. Main thing is to realize what is production planning and scheduling? The basics of production planning is to: determine the size of the production volume that should be performed in a specific time period. By controlling and managing production process in terms of capacity, it is possible to ensure the best possible use of the production capacity at company. We can minimize production downtimes and maintain optimal stock levels. However, it should be borne in mind that the production plan should be a process integrated with the complex strategy of activities of the entire company. Capabilities of Microsoft Dynamics 365 The functionality of Dynamics 365 enables the prediction of various demand resources and takes into account data on the said demand and its coverage. The most important thing is to remember about the need to balance both of these areas. In the Microsoft Dynamics 365 software, you can plan production and the system allows you to make whole or certain parts of operations or tasks. The basic elements of operation planning include planning direction, resource capacity, and material optimization. By using the option of planning operations in the Microsoft Dynamics 365 system, it is possible to define a planning method and optimize the use of materials. The Microsoft Dynamics 365 program enables: creating schedules for materials and semi-finished products scheduling machines, tools defining the planning direction, creating schedules forward or backward from a specific date preparation and modification of schedules delivery time definition using Availability to Promise (ATP) or Captable to Promise (CTP) method. Integration with Overall Production Management It is worth to remember that the planning of operations and tasks in Microsoft Dynamics 365 affects the master planning and the calculation of material requirements, taking into account such aspects as resources required for production, inventory, sub production and deliveries, as well as products that are already scheduled, released or started. Right now, as we know ale companies at the world have problem with planning their production because of broken supply chain processes, market demand is higher than production capabilities because of subcontractors have not got parts. In addition, the system is prepared to work with limited materials – in this case, planning is even more important in managing the entire production and guaranteeing its smoothness. It is worth to remember that the planning of operations and tasks in Microsoft Dynamics 365 affects the master planning and the calculation of material requirements, taking into account such aspects as resources required for production, inventory, subproduction and deliveries, as well as products that are already scheduled, released or started The entire production management process using the ERP system is completed – in the case of Microsoft Dynamics 365 – with other modules, such as resource management, production routes, tracking and reporting of production processes. Microsoft Dynamics 365 enables a comprehensive approach to production control, which ultimately enables smooth operation of the entire production plant without the risk of problems with.

SVS-Supplies

Sandvold & Velde Supply strengthens processes with RamBase QMS

Sandvold & Velde Supply (SVS) has built a reputation on solving their customers’ toughest challenges, but their internal systems weren’t keeping pace with their growth. As a supplier of critical components to shipping companies and industrial businesses worldwide, SVS understands the importance of quality. Their decision to adopt RamBase Quality Management System (QMS) was driven by a need to enhance their internal processes and meet growing demands from customers. General Manager Håkon Sandvold and Executive Chairman Per Sigurd Velde are actively engaged in their company’s operations. At the RamBase offices they are receiving dedicated training and expert guidance from Pia Heia, Customer Success Manager at RamBase. They also set some time aside to discuss why they chose the RamBase Quality Management System. From SVS, Per Sigurd Velde and Håkon Sandvold, and from RamBase, Pia Heia. From complexity to clarity SVS has long been a trusted supplier of specialized parts and solutions, working with thousands of suppliers worldwide to deliver essential components such as pipes, electronics, valves, and more. Their motto, “The easy way, to the hard-to-find” reflects their unique ability to go beyond their extensive product catalogue. What truly sets them apart is their expertise in helping customers locate those rare, hard-to-find parts that others cannot provide. However, their impressive growth has also brought operational challenges. As Per Sigurd Velde explained:  Block Quote Wide selection: SVS goes the extra mile to find what the customer needs. Recognizing these challenges, SVS evaluated several systems, ultimately selecting RamBase QMS for its comprehensive approach to quality management.  Velde highlighted the decisive factor: Block Quote Another key factor in their decision was RamBase QMS’s use of visual tools. Block Quote Supporting ISO standards As SVS continues to expand, meeting rigorous ISO standards has become a strategic priority. The company is working towards compliance with ISO 9001 for quality management, ISO 14001 for environmental management, and ISO 45001 for occupational health and safety. General Manager Håkon Sandvold elaborated: Block Quote This structured approach will enable SVS to not only meet customer expectations but also enhance internal processes and ensure that their quality management system scales with their growth. A perfect fit for SVS Customer Success Manager Pia Heia emphasized how well SVS and RamBase QMS align. Block Quote

Salesforce-Joins-Technology-and-Academic-Leaders-to-Unveil-AI-Energy-Score-Measuring-AI-Model-Effici

Salesforce Joins Technology and Academic Leaders to Unveil AI Energy Score Measuring AI Model Efficiency

Salesforce, in collaboration with Hugging Face, Cohere, and Carnegie Mellon University, today announced the release of the AI Energy Score, a first-of-its-kind benchmarking tool that enables AI developers and users to evaluate, identify, and compare the energy consumption of AI models. Salesforce also announced it will be the first AI model developer to disclose the energy efficiency data of its proprietary models under the new framework. Why it matters: The AI Energy Score aims to address the lack of transparency about the environmental impact of AI models. Similar to how ENERGY STAR transformed energy efficiency standards for appliances and electronics, this initiative establishes a clear, trusted benchmark for AI model sustainability.  Go deeper: The AI Energy Score will debut at the AI Action Summit, where leaders from over 100 countries, the private sector, and civil society will convene to harness AI for good. By enhancing transparency, the score can drive market preference for efficient models and incentivize sustainable AI development. Recognized by the French Government and the Paris Peace Forum for its transformative potential, the AI Energy Score features: Standardized Energy Ratings: A standardized framework for measuring and comparing AI model energy efficiency.  Public Leaderboard: A comprehensive leaderboard that features scores for 10 common AI tasks — such as text generation, image generation, and summarization — performed by 166 models, including Salesforce’s SFR-Embedding, xLAM, and SF-TextBase.  Benchmarking Portal: A platform where AI developers can submit their open or proprietary AI models to be evaluated and added to the leaderboard. Open models can be automatically tested, while closed models can be evaluated through a secured testing sandbox. Recognizable Energy Use Label: A new 1- to 5-star label that rates AI model energy use, with five stars indicating the highest efficiency. This helps developers and users easily identify and choose more sustainable models. Once rated, AI developers can generate standardized labels to share their models’ energy score, with built-in guidance on the proper label display for visibility and impact. Block Quote How Salesforce addresses sustainability through Agentforce: Last fall, the company introduced Agentforce, the agentic layer of the Salesforce Platform for deploying autonomous AI agents across any business function. Agentforce offers tools to build and customize agents, as well as a library of ready-to-use skills for sales, service, marketing, commerce, Tableau, Slack, and more. Agentforce is built with sustainability at its core, delivering high performance while minimizing environmental impact. Unlike DIY AI approaches that require energy-intensive model training for each customer, Agentforce is optimized out-of-the-box, eliminating the need for costly, or carbon-heavy training. Its agentic architecture goes beyond reliance on a single large language model (LLM), instead leveraging efficient small language models combined with agentic reasoning and other advanced AI tools, significantly reducing energy consumption. For example, Salesforce’s SFR-RAG is a small language model optimized for accurate, reliable tasks. It cites sources, extracts precise facts, and handles complex questions, delivering trustworthy answers with greater efficiency and lower energy use. Additionally, Agentforce leverages tailored data and metadata from Salesforce Data Cloud and the Salesforce Platform, enabling high accuracy and responsiveness while minimizing wasted computational resources. 

NOR-LTD-Expansion-May-2024-scaled

Norwegian Offshore Rental strengthening quality with RamBase QMS

Since its founding in 2005, Norwegian Offshore Rental (NOR) has been dedicated to supporting the offshore, subsea, and renewable industries. Initially focused on ship management and personnel supply for the shipbuilding industry, the company shifted its focus in 2011 to specialize in equipment rental. Today, NOR is a key provider of rental equipment in the North Sea region and other major oil and gas markets. In line with its mission to prioritize safety, quality, and sustainability, NOR has integrated the RamBase Quality Management System into its operations. Norwegian Offshore Rental envisions a world where the offshore, sub-sea, and renewable sectors share a common pool of cutting-edge equipment to create a more efficient, cost-effective, and sustainable future. This vision aligns perfectly with NOR’s operational focus—investing in top-tier equipment, providing excellent customer service, and building long-lasting customer relationships. By implementing RamBase Quality Management System (QMS), NOR is taking a proactive step to ensure they continue meeting their customers’ stringent safety and quality requirements. Tore Gautesen, CEO at Norwegian Offshore Rental, shares his perspective on the implementation: Block Quote Why RamBase QMS? NOR’s operations require meticulous oversight of equipment, personnel, and processes to ensure safety and compliance in a demanding industry. With a growing rental pool of specialized equipment—ranging from lifting gear and ROV tools to buoyancy aids and subsea video inspection tools—the company needed a quality management solution that would simplify documentation, standardize procedures, and ensure compliance with industry regulations. Ingunn Nordbø, HSEQ Manager at Norwegian Offshore Rental, highlights the reasoning behind their choice: Block Quote Øivind Aasland Håkonsen, Sales Manager at RamBase, also emphasizes the perfect match between the two companies Block Quote A Partnership for growth and quality We are proud to welcome Norwegian Offshore Rental as a new RamBase customer. Their dedication to safety, quality, and sustainability is well supported by what RamBase delivers: tools for streamlining processes, enhance compliance, and building a culture for continuous improvements. If your company is looking for help to meet the highest standards of safety and quality, contact us today to learn how RamBase QMS can make a difference.

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