SAP Announces New AI Across the SAP SuccessFactors HCM Suite to Enhance Workforce Management, Upskilling and Organizational Evolution
LISBON — SAP SE (NYSE: SAP) today announced new innovations and embedded artificial intelligence (AI) across the SAP SuccessFactors HCM suite that provides organizations with greater efficiencies and unparalleled experiences.
The announcements were made at SuccessConnect, SAP’s annual human resources customer event, October 28-30 in Lisbon, Portugal.
“Our announcements today represent a major leap toward a future where every organization has a single source of truth for its people data and skills intelligence, enabling data-driven decisions across the entire business,” said Dan Beck, President and Chief Product Officer, SAP SuccessFactors solutions. “We are not embedding AI in a vacuum. These innovations will activate unparalleled insights and reliable results for SAP SuccessFactors customers.”
Building an Open Skills Ecosystem to Fuel AI-Based Career Recommendations
Skills continue to be a top concern for business leaders. According to Gartner®, “Uncertainty about skills needs and assets – only 8% of organizations have reliable data on the skills the workforce currently possesses and those that have the greatest impact on business success.”*
SAP today introduced enhancements to the talent intelligence hub, which provides organizations with a centralized system for skills that drive career development and strategic workforce planning. Customers now can aggregate and harmonize data from third-party solutions in the talent intelligence hub to ensure a single view of skills for each employee and for the organization. The first partners to integrate with the talent intelligence hub will include Beamery, Degreed, IMOCHA INC, Korn Ferry, Lightcast, Phenom, TalenTeam and TechWolf, with more in the coming months.
SAP also has launched the SAP SuccessFactors Career and Talent Development solution, a fully integrated offering, which combines the robust features of the SAP SuccessFactors Succession & Development solution with the SAP SuccessFactors Opportunity Marketplace solution, powered by skills data from the talent intelligence hub. This innovative solution empowers employees to set career growth goals aligned with personal aspirations and organizational needs. Through career path exploration, employees can map their skills to current and target roles and improve their readiness for their next opportunity. Learn more about our learning and talent strategy here.
These updates are complemented with dozens of new generative AI capabilities that improve the employee experience across the entire talent lifecycle. With the help of AI, for example, managers receive support in developing AI-assisted 360-degree reviews, which provide employees with actionable insights and a feedback summary that highlights their strengths and areas for improvement. SAP’s AI copilot Joule can now guide employees through the onboarding process, such as providing recommended meetings and nudging them to complete data review, forms and e-signatures.
AI Boosts SAP’s Core HR and Payroll
SAP leads the market with strong global core HR solutions, providing customers with country-specific compliance, content and support in more places than any other cloud HR vendor – 104 for the SAP SuccessFactors Employee Central solution and 52 for the SAP SuccessFactors Employee Central Payroll solution. By embedding AI throughout these products, organizations can deliver a better experience for employees while freeing up time HR professionals now spend addressing service tickets.
In the first half of 2025, employees will be able to ask Joule complex questions about their pay slip and receive contextually relevant information. Additionally, SAP SuccessFactors Employee Central Payroll will include enhanced Payroll Control Center capabilities to manage payroll process activities and improve budgeting and control for public sector customers.
Accelerating Time to Value for Customers
In September, SAP successfully acquired WalkMe Ltd., the leading digital adoption platform company. At SuccessConnect, SAP announced its intent to add pre-built WalkMe content into SAP SuccessFactors solutions which will be commercially available in the first half of 2025, allowing customers to improve employee experience and adoption across common workflows.
“HR and people managers must deliver excellent, lasting and personalized employee experiences,” said Zachary Chertok, Senior Research Manager for Employee Experience at IDC. “Both leaders need to continuously align employee growth, goals, and motivators to ever-evolving sets of business OKRs. SAP SuccessFactors is furthering employee experience management while supporting HR and people managers to better partner with employees to mutually value their growth and engagement. From AI modeling and forecasting to dynamic skills and value framing, SAP SuccessFactors newest releases raise the bar for how to optimize and align employee experiences with the goals and needs of the enterprise.”
Register online to access SuccessConnect virtually and read the 2H 2024 Release Brochure to learn more about the more than 250 innovations coming to the SAP SuccessFactors HCM suite in November.
Visit the SAP News Center. Follow SAP at @SAPNews.
Media Contact:
Bridget Carroll, +1 (267) 615-3589, bridget.carroll@sap.com, MT
SAP Press Room; press@sap.com
*Gartner Press Release, “Gartner HR Research Finds Organizations’ Current Talent Management Efforts Inhibit Optimal Employee and Organizational Performance“, 18 September 2024.
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.
This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP’s 2023 Annual Report on Form 20-F.
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SAP Spend Management Tools Introduce New AI Capabilities
SAP recently announced enhancements to its spend management solutions, which intend to enable businesses to streamline operations, gain actionable insights, and drive growth. SAP’s spend management solutions have long been an essential part of modern business operations, providing companies with the tools needed to control their expenditures across procurement, supplier management, and workforce planning. These […]
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SAP Sustainability Data Exchange Now Available to Help Companies Achieve Net-Zero Goals
Next month, business leaders, government officials, policymakers, and innovators from all over the world will get together for COP29 to tackle the most pressing sustainability challenges. This is where innovative technology plays a huge role in efficiently acting on climate goals and achieving net-zero emissions. To transform the way companies collect, share, and analyze carbon-related data, SAP has announced the general availability of SAP Sustainability Data Exchange, a SaaS application that can enable standardized carbon data sharing.
While it’s relatively straightforward to control and reduce a company’s direct emissions, mitigating those that arise along the whole supply chain requires a lot of time, collaboration, and data sharing. One major challenge companies face is outdated tools, such as spreadsheets or questionnaires, and disconnected processes to collaborate with their network. Furthermore, the lack of standardized carbon footprint calculations and exchange methods has led to a variety of different approaches to collect and report on data, resulting in many organizations relying only on industry averages rather than actual numbers.
Managing carbon to accelerate a net-zero future makes measurability critically important. That is where technology and innovation can make a real difference. With SAP Sustainability solutions and our ERP-centric, cloud-based, AI-enabled approach, we support our customers to use integrated sustainability data and embed it holistically into their core business processes.
What Is SAP Sustainability Data Exchange?
SAP Sustainability Data Exchange helps facilitate standardized carbon data exchange between partners along the supply chain, supporting organizations to move from estimates to actuals in their upstream emission data. The application allows users to share emissions data to help implement their net-zero strategy and take climate action by identifying products or processes with high potential for CO2 reduction, avoiding double emissions counting, and optimizing footprints with actual supplier data. It helps drive scalability, standardization, and trust in carbon data exchange across the supply chain.
SAP Sustainability Data Exchange is seamlessly embedded into the SAP landscape, connecting to SAP S/4HANA for master data replication and integrating with SAP Sustainability Footprint Management to help enable accurate product carbon footprint calculations on a large scale.
To Harness the Power of Networks, Standardization Is Key
To be able to exchange carbon footprint values, standardization and interoperability with industry networks and frameworks are key, as they foster co-innovation and collaboration without a loss of data sovereignty. SAP Sustainability Data Exchange is interoperable and compliant with the new standards set by the automotive network Catena-X and the Partnership for Carbon Transparency (PACT) by the World Business Council for Sustainable Development (WBCSD).
PACT, for example, developed the global standard for calculating and exchanging consistent, comparable, and credible emission data that occurs along a company’s value chain and is outside its direct control, known as scope 3 emissions. Catena-X works closely with PACT to establish a joint standardization foundation on carbon accounting and sharing while adding industry-specific extensions.
Catena-X has certified SAP Sustainability Data Exchange for its sustainability use case. WITTE Automotive, a tier 1 automotive supplier, was one of the first customers to harness the application when it faced challenges in calculating its product carbon footprint in a standardized way to exchange product carbon footprint values with both customers and suppliers. With SAP Sustainability Data Exchange, WITTE Automotive can integrate the supplier footprints it receives through the Catena-X network, precisely calculate the product carbon footprint of parts and components, and publish the calculated values of its finished products within the network.
“This open and collaborative data ecosystem perfectly reflects SAP’s vision to enable every organization to become a network of intelligent, sustainable enterprises and gives the companies leveraging the Catena-X automotive network access to a broad portfolio of SAP solutions, from enabling the traceability of products across multiple parties in the supply chain to tracking and calculating the scope 3 emissions.”
– Christian Klein, CEO, SAP SE
In addition, SAP Sustainability Data Exchange embraces the power of SAP Business Network, leveraging the depth and breadth of a global network trusted by millions of businesses, through which nearly US$6 trillion of annual commerce is executed via over 750 million transactions.
A Core Pillar of the Green Ledger
Having an accurate view of carbon emissions across the entire supply chain not only enables data exchange but can have a real impact on the bottom line. Many companies want to make carbon an integral part of the corporate balance sheet, measuring and managing it with the same precision as cash – therefore treating carbon like money. The use of SAP Sustainability Data Exchange and SAP Green Ledger, which will be generally available at the end of 2024, can provide a strong basis for making financial decisions.
Start the SAP Sustainability Data Exchange product tour here to learn more.
SAP Sustainability solutions can support even more than carbon management and environmental, social, and governance (ESG)-related disclosures. Check out our sustainability page to learn more about support for operational compliance and material transition and subscribe to the sustainability newsletter to stay up-to-date.
Gunther Rothermel is chief product officer and co-GM for SAP Sustainability.
SAP HANA Cloud AI Toolkit – Build Intelligent Data Apps: A Developer’s Guide
👉Join Sabrina Pfeffer for a deep dive into the world of intelligent data applications.
Discover how to leverage the advanced capabilities of SAP HANA Cloud and its AI Toolkit to predict sales refunds with precision. This video guides you through creating intelligent data applications, utilizing in-database machine learning, and integrating prediction models into your SAP Business Technology Platform applications. Perfect for developers aiming to enhance business decision-making and optimize product and service quality. Watch now to see the power of AI and SAP HANA Cloud in action! Go to find more on the virtual platform here: https://sap.to/6054UQMjY
00:00 – Introduction to SAP HANA Cloud Project
00:06 – Exploring Refund Prediction Techniques
00:17 – Building Intelligent Data Applications
01:07 – Leveraging AI Toolkit in SAP HANA Cloud
02:22 – Integrating Prediction Models into SAP BTP
03:35 – Visualizing and Analyzing Prediction Results
#sapteched #saps4hana #aitools
SAP TechEd Virtual | Behind-the-Scenes
🎬 That’s a wrap on Day 1 of #SAPTechEd! But the learning’s just getting started. Take a look behind the curtain and join us tomorrow for Day 2. 👨💻 https://sap.to/6057UoLbX
Joule – Collaborative AI Agents
Go beyond role-based agents to transform how your employees work together across business functions. Joule’s collaborative AI agents go beyond personal productivity to unlock new value across business functions. Joule breaks down silos by combining agents that are experts in supply chain, procurement, finance, and more to drive efficiency across business processes. Learn more https://sap.to/6050UWxkm
#automobile
SAP Training Programs by K2 University Expand to North America
The educational division of K2 Partnering Solutions, K2 University, has extended its official SAP training programs to the United States and Canada in response to the growing demand for SAP skills with a cloud focus. As technology advances, companies seek workers with specific knowledge of SAP solutions, cloud computing, and artificial intelligence. The structured approach […]
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SAP Order Management Services Integrate with ChannelEngine
The integration of ChannelEngine with SAP Order Management Services (OMS) highlights how businesses can leverage advanced solutions to optimize their eCommerce operations across a vast array of marketplaces. SAP Order Management is an integral component of SAP’s business applications, streamlining the entire order-to-cash process by centralizing order handling across multiple channels. This system allows organizations […]
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