TEAG: Innovating Energy Provision with SAP Cloud Strategy in Erfurt
Key Ideas
- TEAG from Erfurt is embracing a cloud and platform strategy to enhance integration and master data quality, aiming for maximum digitalization and decentralization.
- The company is leading in energy transition with SAP S/4HANA Cloud, establishing itself as the first energy supplier with a comprehensive RISE strategy.
- TEAG is executing complex projects in phases to transition all core processes to SAP S/4HANA Cloud by 2027, leveraging AI and demographic considerations.
- By adopting cloud technologies and AI, TEAG anticipates improved operational efficiency, reduced labor dependency, and greater agility in decision-making processes.
Thüringer Energie AG (TEAG) based in Erfurt, Germany, is spearheading innovation in energy provision by adopting a cloud and platform strategy to enhance integration and master data quality. The company, with over 2,200 employees, is adapting to the changing dynamics of the energy sector, focusing on digitalization and decentralization. By leveraging SAP S/4HANA Cloud, TEAG is leading the way in energy transition and establishing itself as the first energy supplier with a comprehensive RISE strategy. The company is strategically migrating its core processes to SAP's cloud platform in phases, aiming for completion by 2027.
TEAG's focus on workforce management and the integration of AI reflects its commitment to operational efficiency and preparedness for demographic shifts. The company's cloud strategy not only aims to reduce operational costs but also to mitigate labor dependency through automation and AI utilization. By embracing cloud technologies and AI, TEAG anticipates improved decision-making processes and streamlined operations.
The CIO of TEAG, Philipp Lübcke, emphasizes the significance of IT in shaping the future of energy provision and highlights the exciting opportunities arising from the industry's transformation. By aligning with SAP and implementing innovative solutions, TEAG is preparing for a more agile and efficient operational environment, safeguarding its competitiveness in the evolving energy landscape.
Topics
Utilities
Digital Transformation
Decentralization
Energy Provider
AI Integration
Workforce Management
Demographic Shift
SAP Partnership
Cloud Migration
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