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Event Management Challenges and Trends in Regulated Industries: SAP Concur Insights

SAP Concur published a blog on event management challenges and trends in regulated industries. Common challenges include venue selection and logistics, budget management, and ROI and measurable outcomes. Trends include hybrid and virtual events, personalization and customization, and sustainability and green initiatives. Event management platforms can help with centralized coordination, budget tracking, and reporting.

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Impact and considerations

Event organizers in regulated industries face compliance and budget pressures; event management platforms can help streamline processes, influencing technology adoption and supplier choices in the MICE industry.

Key points

  • Common event management challenges include venue selection and logistics, budget management, and ROI and measurable outcomes.
  • Venue selection requires balancing factors like capacity, accessibility, and technical infrastructure.
  • Budget management requires optimizing resources while complying with organizational policies.
  • Event organizers are increasingly expected to provide measurable outcomes such as attendance, feedback, and impact insights.
  • Trends include hybrid and virtual events, personalization and customization, and sustainability and green initiatives.
  • Event management platforms can provide centralized coordination, budget tracking, and reporting features.

Sources and time

Primary source
SAP Concur
Other sources
0
First source publication
11 Aug 2023, 19:05
Page published
14 Aug 2026, 08:21
Last updated
11 Aug 2023, 19:05
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