AUSTRIACARD HOLDINGS’ Post

I wanted to share the executive snapshot by IDC's Patrick Reymann: "Zycus presents a Compelling Vision for the Future of Procurement Applications" after attending our Annual Client Flagship event in Mallorca recently. Patrick stated: Perhaps the most exciting development was the introduction of ANA (Autonomous Negotiation Agent), which automates sourcing execution. To date, autonomous sourcing solutions have been exclusively provided by point solutions, and Zycus’ offering marks the first full suite provider to make autonomous sourcing available. One of the primary benefits of ANA is its ability to leverage advanced algorithms and machine learning to analyze historical negotiation data and market trends. This capability allows the system to suggest optimal pricing strategies tailored to specific suppliers, enabling procurement teams to secure better deals and maximize cost savings. Key highlights from IDC's analysis include: - Guided Intake Management Solution - very user-friendly - Agentic AI Framework - Autonomous Negotiation Agent (ANA) - Zycus AppXtend Store: low code platform enables users to easily compose and configure applications, reducing the time and resources typically required for software development Join the conversation sparked by Patrick Reymann, Research Director, Procurement & Enterprise Applications, as Zycus and discover more about the future of procurement and explore these transformative solutions. To delve deeper into this transformative journey, access the detailed IDC report here: [Download Now](https://lnkd.in/eYPc3kWn) #GenAI #S2P #P2P #IntakeManagement #Procurement #theartofthepossible

🚀 Powerful Conversations at the BME Symposium! These days Prewave was on stage at the Bundesverband Materialwirtschaft, Einkauf und Logistik e.V. (BME) Symposium in Berlin, where Harald Nitschinger and Jeswin Ernakeril shared the latest on navigating supply chain compliance and resilience in a rapidly changing world. 🔍 Spotlight on Practical Insights: Thomas Nierlich, from Endress+Hauser Group, joined us to showcase how businesses are leveraging Prewave’s platform to meet regulatory demands while driving efficiency. 🌐 Key Themes: Tackling the complexities of EUDR and CSDDD. Leveraging AI for real-time supply chain transparency. Building resilience against global disruptions. We’re proud to contribute to discussions shaping the future of procurement. Swipe through the photos for a glimpse of our time at BME, and let’s keep the conversation going! How is your organisation preparing for upcoming regulatory challenges? Let us know in the comments. 💬 #BME #SupplyChainCompliance #EUDR #Resilience #ProcurementInnovation

🚀 𝗘𝘅𝗰𝗶𝘁𝗶𝗻𝗴 𝗽𝗮𝗻𝗲𝗹 𝗱𝗶𝘀𝗰𝘂𝘀𝘀𝗶𝗼𝗻: 𝘁𝗵𝗲 𝗰𝘂𝗿𝗿𝗲𝗻𝘁 𝘀𝘁𝗮𝘁𝗲 𝗼𝗳 𝗱𝗶𝗴𝗶𝘁𝗮𝗹𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗶𝗻 𝘁𝗵𝗲 𝗺𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗶𝗻𝗴 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆 🚀 In a world that is rapidly digitizing, the manufacturing industry is at a decisive turning point. How far has digitalization progressed in this sector? What challenges still need to be overcome and what successes can we already celebrate? To discuss these and other questions, we are pleased to announce a high-caliber panel discussion with leading experts from the industry on April 17th: ✔ Guido Reimann, Deputy Managing Director VDMA Software and Digitalization and Coordinator VDMA Competence Network Artificial Intelligence ✔ Editha Bertsch, Senior Project Manager at Operations1 ✔ Benjamin Brockmann, CEO of Operations1 Together they will share their valuable insights and discuss the current trends, challenges and successes in the digitalization of manufacturing. This is a unique opportunity to learn first-hand how digital technologies are reshaping the manufacturing landscape. 🗓 𝗥𝗲𝗴𝗶𝘀𝘁𝗲𝗿 𝗻𝗼𝘄 𝗮𝗻𝗱 𝗷𝗼𝗶𝗻 𝘂𝘀 𝗮𝘀 𝘄𝗲 𝗱𝗶𝘃𝗲 𝗱𝗲𝗲𝗽𝗲𝗿 𝗶𝗻𝘁𝗼 𝘁𝗵𝗲 𝗱𝗶𝗴𝗶𝘁𝗮𝗹 𝘁𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝘁𝗵𝗲 𝗺𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗶𝗻𝗴 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆: https://lnkd.in/eaMMUNAK #Digitalization #Manufacturingindustry #Paneldiscussion #VDMA #Operations1 #Technologytrends

Have met Dominik Rohrmus during the expert talks about industrial interoperability, hosted by VDMA, and got inspiring insights into a comprehensive network of Data Ecosystem from the perspective of #Standards_and_Regulations, driven by the idea of supporting customer’s digital transformation within the EU and globally. This is just another example of Siemens’ engagement in sophisticated international approaches in the service of our partners and customers by combining Real world and Digital world due to business acceleration concepts, like e.g. by #ManufacturingX! Matthias Gommel, Maximilian Höving, Martin Stadler, Hahn Thomas, Klaus Dickmann, Ralph Sporer, Dieter Pröll, Xaver Schmidt, Karsten Schneider, Jörn Oprzynski, Ingo Weber, Ewa Mikos, Maciej Zieliński, Prof. Dr.-Ing. Dieter Wegener

''Currently the B2B automotive space is characterised by market volatility and uncertainty. Rapid technological advancements, changing consumer demands, and geopolitical shifts have created a turbulent business environment. Increasingly, staying ahead of the competition requires agile strategies to adapt to ever-changing market conditions.'' Today, we sit with James Southall, Commercial Strategy Analyst at NovaFori, to delve into the current challenges facing the B2B automotive industry, with a focus on how technology is reshaping its landscape. Drawing from his expertise and experience, he offers insights into how auction and trading technologies, exemplified by the case study of CarNext at NovaFori, can mitigate these challenges: https://bit.ly/3whT0rl #AuctionTech #DataScience #B2BAutomotive

Come check out the insights around innovative technologies shaping the factories of the future

Helium changing business models of RWA industries - globally and locally:

In a recent interview, James Southall, Commercial Strategy Analyst at NovaFori, discussed the common challenges facing the B2B automotive industry. Focusing on technology's impact, James highlighted how auction and trading technologies, exemplified by the #CarNext case study at NovaFori, can effectively address these challenges. Read the full article below👇🚗 #B2BAutomotive #TechnologySolutions #AuctionTech

🚀 The traditional factory floor is on the brink of a revolution! 🚀 By investing strategically in IT/OT convergence, platform implementation, and Industry 4.0 technologies, manufacturers are transforming their operations. Key integrations like MES, PLM, and ERP systems are unlocking real-time data access, improving production monitoring, and enhancing efficiency. Despite challenges like siloed IT/OT stacks, interoperability issues, and cybersecurity concerns, initiatives such as Hitachi’s IT/OT integration and the use of AI, IoT, and cloud computing are leading the way. The “Factory of the Future” is within reach, offering innovation, efficiency, and a competitive edge for forward-thinking manufacturers. #Manufacturing #Industry40 #Innovation #DigitalTransformation #IoT #Automation #SmartManufacturing Hitachi Digital Services