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SAP CEO Bill McDermott’s Viewpoints on…

Bill McDermott CEO SAP
SAP CEO Bill McDermott

NEW YORK – SAP CEO Bill McDermott at the SME Summit made his case for SAP being a small-to-mid-size enterprise company instead of a software vendor only interested in large Global 2000 organizations.

During his keynote address, McDermott made a compelling case saying that of the more than 260,000 SAP customers, approximately 80 per cent are SME. The company is also addressing is channel direction to include the SME market opportunity. SAP has approximately 11,900 solution provider partners worldwide and he expects this group to triple in size in the future.

But, that wasn’t the only thing on McDermott’s mind during the SME Summit. McDermott has written a book titled “Winners Dream”. The book, he says, contains a lot of business and life strategy lessons from his own career highs and lows.

This is what McDermott, a Long Island native, had to say about the Internet of Things…

“The world is going to be more mobile and the Internet of Things will double data every 18 months. This needs to be managed in a social way on the cloud.”

McDermott on talent…

“Companies spend time on strategy, but leaders spend most of their time with people. Without people a company is just a building.”

McDermott on the complexity of technology…

“Complexity is the enemy of business. We have not used technology to create a frictionless system to connect one-on-one with people.”

McDermott on leadership…

“Leaders have to listen and some of it you don’t want to hear, but that is where change comes from.”