Study: What Companies Expect from S/4HANA in 2022
Expect from S/4HANA in 2022 The major stumbling blocks of the migration to SAP S/4HANA and how to avoid them. Insights into the status quo of 200 companies from Germany.
Many business use-cases require trusted processing of completely private and confidential data, known as confidential computing. Introducing a trustworthy process to data owned by a certain party is a paradigm shift in enterprise IT scenarios. Sensitive data no longer has to be provided to central platforms or 3rd parties. The data stays with the current owner while being used for cross-company processes such as supply-chain transparency. Camelot Trusted Computing Appliances, highly secured computing devices interconnected through a blockchain network by Camelot Hypertrust Platform, solve current challenges in IP protection and regulatory compliance in Pharma or Chemical industries.
Camelot ITLab is leading provider of Enterprise Blockchain Solutions, offering strategy consulting and implementation services. Trusted Computing Appliances as part of the Camelot solution portfolio implement a fully decentralized architecture: independently working computing units, based on Intel SGX high security concepts, linking together to a network of mutually trusting satellites. Additional components realize an end-to-end chain of trust that can be leveraged in enterprise business scenarios, whenever private or sensitive data must be processed by other parties.
Many known use cases for blockchains have contrary requirements: protecting private data on the one hand, but trustworthily processing it on the other hand. Putting private data on a blockchain network to process it with smart contracts is in many cases not an option, due to the level of sensitivty of the data. Camelot Trusted Computing Appliances solve this problem.
There are several use cases: regulatory scenarios, every use case touching private or sensitive data or any sort of intellectual property, GDPR compliance requirements in conjunction with blockchain networks.
Only those parties that own private data, but want to give a trustworthy answer to a question from other parties about the data, need to operate a Trusted Computing Appliance.
More efficiency and low TCOs: The reduced control effort, the lower number of switches and the resolution of data redundancies increase the efficiency of the processes in the blockchain network and reduce the total cost of ownership.
More transparency and traceability: The distributed and public nature of the blockchain provides more transparency and a secure origin of the information distributed over the network.
Better collaboration and leaner processes: The blockchain makes communication between the various participants in the business network safer, better and simpler. This reduces data redundancies, optimizes the flow of information, minimizes the number of intermediaries in the network and, last but not least, streamlines processes.
Integration into an existing central data network is also possible using a public key infrastructure and secure data channels.
Camelot Hypertrust Platform: Managing interoperability, performance, security and scalability of your international, multi-company supply chain.
Blockchain has moved on from the hype of Bitcoin and displays its potential in value chains where data security and authenticity are particularly important.
Closer cooperation and greater shared data enable higher efficiency at lower costs, but also require trust. By increasing security and transparency, Blockchain supports in building that trust.
Our experts will contact you soon to arrange a call or meeting.