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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 SAP Business 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.
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 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?
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?”
A senior SAP Signavio manager is alleged to have systematically bullied, sexually harassed and manipulated female employees. At least, that is what the allegations made by five female former employees of the Berlin-based BPM division of Germanys largest software company suggest, in an exclusive report by US news portal Bloomberg.
Youd be hard-pressed to find an SAP shop that doesnt rely on customizations to fine-tune the enterprise platform for specific business processes or industry requirements. According to a survey conducted by the American SAP User Group (ASUG) and Pillir, 91% of SAP users rely on custom code for essential business processes.
SAP has patched high-severity vulnerabilities in its Commerce and NetWeaver enterprise software packages. The updates came as part of 25 security patches released on Tuesday for the latest edition of SAPs monthly patch release cycle. The vulnerability scores 8.8 on the CVSS scale, well toward the critical end of the spectrum.
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. SAP R/1 was designed as standard software that could be offered to other companies.
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.
ERP giant SAP has made it easier for enterprise organizations to consume its software, creating packaging that simplifies consumption and offering modules that give customers an easier on-ramp to its offerings.
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 SAP manager therefore does not want to talk about a product announcement.
SAP has announced a package of technologies and services under a single contract designed to ease enterprise CIOs' paths to digital transformation and its flagship software S/4HANA in the cloud.
Gartner projects that spending on AI software will grow to $297.9 In particular, spending on generative AI will surge from 8% of all AI software spending in 2023 to 35% by 2027, Gartner predicts. 1 No surprise then that SAP, along with other leading ERP vendors, is touting its AI capabilities. in the same timeframe.
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.
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 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.
These days, the town of Walldorf is not really in the mood to celebrate — even though the managers of SAP, which is headquartered there, have every reason to do so. After all, the software giant can look back on 50 years of successful company history. Half a century is an eternity in the otherwise fast-moving IT and software business.
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).
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.
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.
SAP is reorganizing its AI activities. Herzig now reports directly to CEO Christian Klein, and will oversee the entire value chain for SAP business AI from research and product development through to implementation at the customer. Herzig’s team will work closely with other innovators within SAP. percent of the total workforce.
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.
German software giant SAP is under investigation by US officials for allegedly conspiring to overcharge the US government for its technology products over the course of a decade. The investigation centers on more than $2 billion worth of SAP technology purchased by US government agencies since 2014.
SAP has agreed to buy WalkMe, a tool for offering workers personalized guidance on how to use software, for $1.5 There’s clearly a lot at stake for SAP as its offer, announced Wednesday morning, was 45% over WalkMe’s closing share price on Tuesday night. billion in cash.
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. You are an Oracle CIO, a SAP CIO or a Dynamics CIO.
Christian Klein: I understand there’s some reluctance among [German-speaking SAP user group] DSAG and some other customers to embrace the cloud. SAP has a legacy of on-premise systems. That’s why I advise against simply replicating old processes into the new software world, or just hosting the ERP upgrade. We won’t change that.
SAP’s restructuring is having a greater impact on the workforce than originally expected. At the beginning of the year, the German software company estimated 8,000 jobs would be impacted , but according to a recent announcement, between 9,000 and 10,000 SAP jobs could be affected by the measures.
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.
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.
Continuing the latest trend in price increases by major enterprise software vendors, SAP announced on July 26, 2023, that they will increase the annual support fees for SAP support agreements by roughly 5.0% (by local CPI rates, capped to 5%).
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.
There are three software licensing options, including a free community edition for enterprises that want to kick the tires.The Hive Fabric Enterprise option includes HCI, virtual desktop infrastructure (VDI), guest pool deployments and user profile management. HiveIOs Hive Sense is used to proactively monitor and detect anomalies.
The changing of the guard at the top of SAP’s supervisory board is anything but smooth. The German software company has announced that Punit Renjen, who it originally intended would become chairman of the supervisory board, is to be replaced. They have mutually decided to go their separate ways, SAP said in a statement.
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% market share between them, according to International Data Corp. With just 0.2% With just 0.2%
SAP está intensificando sus esfuerzos por integrar funciones y aplicaciones de inteligencia artificial (IA) en toda su oferta para servir mejor a la actividad diaria de sus clientes. Para garantizar que esto no se hagan realidad, SAP se ha asociado con la iniciativa appliedAI. Aquí es donde SAP podría entrar en juego.
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.
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’ssoftware landscape.
Xerox da un paso adelante en su plan de reinvención plurianual con la transformación de su arquitectura empresarial mediante RISE with SAP. La combinación de varias soluciones innovadoras en la nube en SAP BTP brinda a la compañía una plataforma integrada que abarca funciones como finanzas, cadena de suministro y ventas.
But it also has a parallel in enterprise software roadmaps. ERP software first hit the scene in the 1960s. In 1992, SAP launched the first client-server ERP software with the introduction of SAP R/3. Vendors started investing in their next-generation, cloud-based software solutions. FOMO or forgo?
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
In 2020, SAP announced an innovation commitment for SAP S/4HANA until the end of 2040. This means that until 2040, there will always be at least one release of SAP S/4HANA in maintenance. However, SAP will only provide mainstream maintenance for legacy SAP Business Suite 7 core applications until the end of 2027.
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. That hasn’t always been the case,” Menninger said.
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