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At a press conference held in Seoul on March 20, SAP CEO Christian Klein personally introduced the Korean market to SAPs AI-specific services, describing how SAPs AI vision can help Korean companies realize theirs. The products that Klein particularly emphasized at this roundtable were SAPBusiness Data Cloud and Joule.
SAP on Tuesday said it plans to announce a new offering in the next quarter that is based around SAP ERP Central Component (SAP ECC) and is designed to help the firms largest customers plan, execute and succeed in their cloud transformation. SAP HANA will be the only supported database for the new subscription offering.
The clock is ticking for many SAP customers. The standard maintenance for SAP ERP and Business Suite is set to expire at the end of 2027. After that, SAP user companies would have the option to purchase the more expensive extended maintenance for an additional three years. S/4HANA migration postponed until 2033?
German process mining specialist Celonis has filed a lawsuit against ERP giant SAP. The Munich-based startup accuses SAP of abusing its market power and harming competition, and thereby negatively impacting customers, according to the 61-page indictment filed by Celonis in San Francisco District Court on March 13.
The launch by SAP of new AI capabilities in its SuccessFactors HCM (human capital management) suite Monday is a case of “better late to the party than never,” according to an analyst with Info-Tech Research Group. Or because SAP missed the boat on this trend and is now playing catchup to Workday?” he asked. “It
SAP has added AI capabilities powered by its AI assistant, Joule, to SAP Build Process Automation and SAP Build apps, extending the existing AI capabilities in SAP Build Code and ABAP Cloud.
width="2500" height="1406" sizes="(max-width: 2500px) 100vw, 2500px"> With a new Business Suite in the cloud, in which all functional modules are integrated with each other along the process chains, SAP wants to build on old on-premises successes. The basis for this is the Business Technology Platform (BTP).
S/4HANA is SAPs latest iteration of its flagship enterprise resource planning (ERP) system. The successor to SAP ECC, S/4HANA is built on an in-memory database and is designed to enable real-time data processing and analysis for businesses. It is available both in a cloud-based SaaS and an on-premises version.
Over the past few years, enterprises have strived to move as much as possible as quickly as possible to the public cloud to minimize CapEx and save money. In the rush to the public cloud, a lot of people didnt think about pricing, says Tracy Woo, principal analyst at Forrester. Are they truly enhancing productivity and reducing costs?
Migration to the cloud, data valorization, and development of e-commerce are areas where rubber sole manufacturer Vibram has transformed its business as it opens up to new markets. Vibram certainly isn’t an isolated case of a company growing its business through tools made available by the CIO.
With its new Business Data Cloud, SAP wants to help enterprises unify data held in its own systems with that in other vendors applications: Its goal is to expedite advanced analytics and AI use cases. Although enterprises can continue using Datasphere for now, SAP clearly wants them to move to Business Data Cloud.
SAP is starting the 2025 financial year with a new executive board.The German software company announced that 39-year-old Sebastian Steinhuser will be promoted to the executive board. Steinhuser joined SAP in 2020 and has held various roles, including chief strategy officer. SAP introduced a new CTO and two new chief revenue officers.
Cloud-based enterprise resource planning solutions are transforming and enhancing business operations. Yet despite the organisational benefits, businesses are slow to modernise IT, citing challenges in integrating legacy systems due to change management and user adoption issues. Its vision?
Acumatica has released a new “edition” of its cloud-based enterprise resource planning (ERP) software tailored to the needs of mid-size professional services firms. trillion in 2024, according to The Business Research Company. trillion in 2024, according to The Business Research Company.
With data increasingly vital to business success, businessintelligence (BI) continues to grow in importance. With a strong BI strategy and team, organizations can perform the kinds of analysis necessary to help users make data-driven business decisions. Top 9 businessintelligence certifications.
1 No surprise then that SAP, along with other leading ERP vendors, is touting its AI capabilities. But many features — for example, the Joule AI copilot — are included only with the latest cloud solutions such as SAP S/4HANA Cloud and the RISE with SAP and GROW with SAP programs.
SAP has announced the appointment of Simon Davies as president of the companys newly reorganized Asia Pacific (APAC) region. SAP currently serves major customers in the region, including Hyundai Motor Co., Many leading companies in Asia Pacific are working with SAP to accelerate strategic innovation.
Martin Bayer: At the moment, user companies are still hesitant to adopt cloud computing, but also SAP’s RISE and GROW programs, especially in Germany. Last year’s message that certain core innovations would only be offered in the cloud has also caused some resentment among users. But we have a strong cloud result.
In todays fast-paced digital landscape, the cloud has emerged as a cornerstone of modern business infrastructure, offering unparalleled scalability, agility, and cost-efficiency. As organizations increasingly migrate to the cloud, however, CIOs face the daunting challenge of navigating a complex and rapidly evolving cloud ecosystem.
IBM is six months into a massive ERP modernization, moving core on-premises systems to Power servers running in its own cloud as it upgrades them from SAP’s legacy ECC software to the cloud-ready S/4HANA. In February 2022, SAP named IBM as its first premium supplier for Rise. Largest business segment first.
SAP is an enterprise software vendor based in Walldorf, Germany. Its cloud and on-premises enterprise resource planning (ERP) software, including S/4HANA, helps organizations manage their business operations and customer relations. To change this, SAP wants to work more closely with the appliedAI initiative.
At TechEd, SAP said that Joule will include multiple autonomous AI agents, each expert in a particular function, that will collaborate to execute complex workflows. “We But, noted Walter Sun, global head of AI at SAP, in an interview, there is always a human in the loop. SAP also announced that Joule is coming to more of its products.
SAP is expanding its AI ecosystem with a partnership with AWS. Such AI partnerships are important for SAP, said Chief Technology Officer Jürgen Müller, pointing to other cooperations, for example with IBM, the chip manufacturer Nvidia and various universities. In addition, SAP is also working closely with Microsoft and Google on AI.
Businessintelligence (BI) analysts transform data into insights that drive business value. What does a businessintelligence analyst do? The role is becoming increasingly important as organizations move to capitalize on the volumes of data they collect through businessintelligence strategies.
SAP is doubling the time between major releases of S/4HANA Cloud private edition from one year to two — at the same time promising to release new feature packs every six months or so to keep up the pace of innovation. That’s just as well, as SAP is only promising mainstream support ECC through the end of 2027. “We
Chief Marketing and Solutions Officer Julia White and Chief Revenue Officer Scott Russell will leave the SAP Executive Board on August 31, 2024. SAP’s explanation for why it is restructuring its Executive Board remains vague. Russell has been with SAP since 2010 and has been a member of the Executive Board since 2021.
SAP CTO Juergen Mueller will step down from SAP’s executive board at the end of September. “I I recognize my behavior at that moment did not reflect our values at SAP. I wish the team continued success,” Mueller said in a statement issued by SAP on Tuesday.
A new survey of SAP customer organizations shows that, despite AI experimentation, few have implemented AI and generative AI technologies across their enterprises. A small portion of SAP customers reported their organizations were using AI in many areas (6% DSAG, 7% ASUG, 5% UKISUG).
SAP announced today a host of new AI copilot and AI governance features for SAP Datasphere and SAP Analytics Cloud (SAC). With today’s announcements, SAP is building on that vision. Nearly every customer has an information architecture that expands beyond SAP. Customers should be encouraged.
Developer tools SAP’s clean core strategy is getting a boost with new capabilities in both SAP’s low-code and pro-code development tools. SAP Build Code , the low-code tool released last November, now uses SAP’s AI copilot, Joule, to help build Fiori front ends to SAP S/4HANA Cloud systems.
Manifesto is “more than a declaration of our current contributions; it’s a promise to continue driving open innovation and collaboration at a significant scale,” says SAP CTO. It arrives alongside the announcement of SAP’s Open Reference Architecture project as part of the EU’s IPCEI-CIS initiative.
Working with SAP, the cooperative picked SAP Ariba Central Invoice Management with its inbound process for SAP S/4HANA Cloud public edition to create just what was needed. With the SAP platform, Western Sugar has streamlined and accelerated the invoice management process, from invoice capture to payment.
SAP has announced additional integrations for Joule, the natural language generative artificial intelligence copilot that it added to its Business AI offerings last year. SAP also revealed additional capabilities for Joule. AI integrations But Joule isn’t the only AI in the SAP house.
SAP is reorganizing its AI activities. Philipp Herzig, formerly head of cross-product engineering and experience, now leads a new “end-to-end growth area” focused on AI as the company’s chief artificial intelligence officer (CAIO). Herzig’s team will work closely with other innovators within SAP. percent of the total workforce.
Cloud security firm Wiz has probed SAP defenses as part of its tenant isolation research on AI service providers, and on Wednesday published a lengthy list of shortcomings. SAP says that they fixed all of the problems before Wiz published.
There are not many organizations that can take a hit on net profit due to monstrous restructuring costs, yet at the same time raise their operating profit projections for 2025, but SAP is one of them, according to its latest quarterly results released this week. billion (US$9 billion), with cloud revenue up 25% for the quarter.
German tech major SAP has announced a 2 billion euro ($2.17 In 2024, SAP will further increase its focus on key strategic growth areas, in particular Business AI. Analysts believe the restructuring will help SAP find the right balance between experience and skills to grow in AI. Enterprise Applications, SAP
SAP wants developers to view its Build platform as the one extension solution for all of SAP’s applications, according to Michael Aneling, chief product officer for SAPBusiness Technology Platform (BTP).
Mike Morton, VP of Microsoft Dynamics Business Central, is urging Dynamics GP customers to move from the on premises product to cloud-based Business Central, and provided an overview of the process. Microsoft isn’t the only company attempting to lure its legacy customers into the cloud.
Feeling a sense of urgency to migrate to the cloud and digitally transform, SAP customers find themselves nearing a point of inflection, with skills shortages and data reservations poised to impact their outcomes. ASUG members moving to S/4HANA are also largely migrating from on-premises ERP environments to cloud environments.
Following the lead of its enterprise software rivals, SAP too has announced it will now be entering the agent era of AI. Last month saw SAP rivals ServiceNow and Salesforce announcing agentic AI for their respective offerings. Joule is to be integrated ever more deeply into SAP’s software landscape.
SAP has announced enhancements to Rise with SAP S/4HANA Cloud Private Edition, giving customers of both of its commercial tiers access to SAP’s artificial intelligence copilot, Joule, which the company has been working to embed across its portfolio.
The market for enterprise applications grew 12% in 2023, to $356 billion, with the top 5 vendors — SAP, Salesforce, Oracle, Microsoft and Intuit — commanding a 21.2% Public cloud spending on enterprise applications is projected to grow at a compound annual growth rate (CAGR) of 16.5%, outpacing the overall market CAGR of 11.1%.
SAP wants to give new meaning to the resources in enterprise resource planning, going beyond the boundaries of the enterprise and accounting for its impact on the whole planet. SAP is addressing both of those by working with organizations like the World Business Council for Sustainable Development,” McComb said.
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