Thoughts on Event-Driven Business Processes, Risk Mitigation, and Running a Real-Time Business

Published: 12/May/2023

Reading time: 3 mins

Key Takeaways

⇨ Event-based methods help firms to react effectively and rapidly to business events.

⇨ Machine learning can make these processes and methods even more efficient and effective.

⇨ Monitoring events in real-time give organizations the ability to alter key events.

Event-driven business processes are becoming more relevant, and there is a great wave of interest in this topic in the SAP ecosystem. The event-enabled nature of the SAP S/4HANA ERP system, coupled with its sibling Business Technology Platform, enables enterprises to use and develop responsive applications rapidly to seamlessly to take advantage of this new process paradigm.

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