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18 May

SAP Signavio Solutions Lead 2024 Gartner Magic Quadrant

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SAP Signavio solutions have been recognized as a Leader in the 2024 Gartner Magic Quadrant for Process Mining Platforms for the second consecutive year. This positioning highlights SAP Signavio’s strong execution and visionary approach in the market. In a recently published article, Dee Houchen, Global Head of Market Impact for SAP Signavio, said that the […]

The post SAP Signavio Solutions Lead 2024 Gartner Magic Quadrant appeared first on InsideSAP.

18 May

BUSINESS NEWS

Alexandra Steiger to Join SAP as Global Head of Investor Relations

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WALLDORF — SAP SE (NYSE: SAP) today announced that Alexandra Steiger will join SAP as new global head of Investor Relations on July 1, 2024, reporting to Dominik Asam, member of the Executive Board and CFO of SAP SE.

With over a decade of experience in the finance industry, Steiger has held roles at renowned institutions such as Goldman Sachs and UBS. She currently serves as executive director within Global Investment Research at Goldman Sachs, focusing on the U.S. Internet sector, including companies such as Alphabet, Meta and Amazon.

“I am very happy Alexandra is joining SAP,” said Asam. “We will benefit from her leadership and the wealth of expertise she brings from her previous responsibilities. In her new role, she can build on the strong foundation laid by Anthony Coletta and the entire Investor Relations team.”

Prior to her assignment at Goldman Sachs, Steiger was an executive director within UBS Equity Research, covering select U.S. Internet and Interactive Entertainment companies. She received a bachelor’s degree in International Business Administration from the University of Maastricht and a master’s degree in International Management CEMS from the Erasmus University Rotterdam and University of St. Gallen.

Visit the SAP News Center. Follow SAP at @SAPNews.

Media Contacts:
Joellen Perry, +1 (626) 265-0370, joellen.perry@sap.com, PT
Daniel Reinhardt, SAP, +49 6227-7-40201, daniel.reinhardt@sap.com, CET
SAP Press Room; press@sap.com

Top image courtesy of SAP employee Laurentia-Iulia Pavel

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.
© 2024 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.

16 May

BUSINESS NEWS

SAP Signavio Solutions Leads 2024 Gartner Magic Quadrant

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The post SAP Signavio Solutions Leads 2024 Gartner Magic Quadrant appeared first on InsideSAP.

15 May

BUSINESS NEWS

Unleashing As-A-Service Growth: High-Tech Leaders Share Lessons Learned

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Talk to any high-tech industry leader who’s launched an as-a-service offering, and they’ll tell you that everything as a service (XaaS) is unlike any other business model transformation. Instead of a one-and-done sales transaction, customers are signing up for a long-term relationship that bundles services with the company’s hardware or software products. XaaS often broadens the collaborative bonds with partners that are involved in service delivery as well. At the outset, companies need to think big but start small.

“Moving to an as-a-service model dramatically changes how an organization does business and keeps customers satisfied, starting with product design and pricing through synchronized order fulfillment, revenue recognition and sharing, invoicing, and contract management,” said Mirjam Wittmann, director of Product Marketing, High Technology at SAP. “We’re seeing our customers begin with a targeted pilot in one line of business, followed by refinements and expansion to monetize XaaS packages for greatest competitive advantage.”

XaaS-Driven Growth at Lenovo: Go Bigger Than Back Office

Everything-as-a-service business models are essential to Lenovo’s growth plans. Long recognized for laptops, phones, tablets, data center servers, and business solutions, the company’s service-led transformation has been a catalyst for significant expansion in its non-PC business, accounting for over 42% of the company’s revenue.

“We’re in a phase of rapid acceleration, focusing our efforts on the expansion and refinement of our XaaS capabilities and business infrastructure,” said Arthur Hu, senior vice president and chief information officer at Lenovo and chief technology and delivery officer at Lenovo’s Solutions and Services Group. “This journey involves a multifaceted approach, combining agile development, strategic partnerships, and continuous optimization to ensure that our XaaS offerings meet the evolving needs of our clients.”

Hu said that SAP Billing and Revenue Innovation Management provides Lenovo with the flexibility to monetize services through pay-as-you-go, subscription, consumption-based, outcome-based, and other models. For example, the company can structure pay-as-you-go packages priced by the customer’s power consumption, storage of gigabytes, utilization, and number of nodes in an installation.

“Redefine your product hierarchies to fit the as-a-service world. Update financial accounting for managed services, such as revenue recognition and costing. Provide the sales team with a clear understanding of the offerings so they can articulate the value to customers,” Hu said. “Make sure that every impacted system has the integrated data for accurate and timely fulfillment and entitlement that delivers the optimal customer experience and desired outcomes.”

Personalized XaaS Offerings Generate Revenue at Autodesk

Autodesk offers customers both subscription- and usage-based models for nearly all products across 50 countries. As a global leader in the design and software industry for media, construction, and engineering, Autodesk is using XaaS to future-proof the company.

“As-a-service provides us with a scalable, nimble foundation that drives better outcomes for customers and generates a steady stream of revenue for the company. We can quickly offer customers personalized products and pricing combinations for faster go-to-market,” said Sudhir Misal, senior director of Engineering at Autodesk. “SAP solutions are the backbone of our as-a-service business model, helping us cost-efficiently manage orders, converged invoicing, contract accounting, and the financial supply chain. For example, we’ve reduced quarterly financial closing times by over 80%.”

Misal agreed that a successful XaaS strategy requires a mindset shift.

“You need to partner closely with your system provider, in our case it was SAP, to understand the business context behind the offering. We focused on standardizing as much as possible,” Misal said. “Change management was a priority as we went through this journey that included all stakeholders. By talking with peer companies to hear their learnings, we avoided repeating mistakes that others have made.”

Generative AI Promises Dynamic Innovation

No discussion of high-tech innovation would be complete without addressing the significance of generative AI. Misal said that Autodesk was exploring how AI can help companies quickly test and adopt value-added XaaS offerings.

“Generative AI can analyze data to help organizations see how customers are behaving depending on the services they’re using,” said Wittmann. “Data from generative AI can help companies cross sell and upsell personalized services that meet individual customer preferences, increasing customer loyalty. With faster market demand insights, companies can dynamically adjust XaaS bundles and iterate fresh ideas to take advantage of emerging opportunities before the competition.”

Learn more about becoming a scalable subscription business with SAP’s unified quote-to-cash solutions for recurring revenue.

15 May

BUSINESS NEWS

AI-Enabled Recruitment Is the Name of the Game for FC Bayern with SAP SuccessFactors

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Leveraging Technology to Drive Excellence On and Off the Pitch

FC Bayern, one of the most successful global football clubs, continues to raise the bar on and off the field. With a relentless focus on excellence and innovation, the world-renowned club has extended its usage of SAP SuccessFactors software with AI-enabled solutions to enhance its HR functions and processes.

A clear key to the club’s success are the more than 1,000 employees in Munich, New York, Bangkok, and Shanghai who are as integral to the club as the players on the pitch, meaning each job experience and career path must enable employees to continuously develop themselves professionally to reach their full potential.

Streamlining HR Operations with SAP SuccessFactors

FC Bayern initially adopted SAP SuccessFactors to optimize its talent management, modernize HR processes, and foster a culture of continuous learning and development. Over the years, the club has expanded its utilization of SAP SuccessFactors to manage everything from employee onboarding to performance management.

14 May

SAP PRESS

How to Create an Integration Flow Purchase Order in SAP Integration Suite

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In this blog post, you’ll learn how to create integration packages and use the available fields to add information to an integration package.

10 May

Video_SAP

Preconfigured Analytics Stories for Inventory Planner | SAP IBP 2405

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Discover how Preconfigured Analytics Stories for Inventory Planner in SAP Best Practices can help organizations enhance their financial health and improve overall performance through powerful insights into working capital investment and informed decision-making.

Learn more at: https://sap.to/6055jJiQH

09 May

BUSINESS NEWS

SAP BTP Wins Multiple TrustRadius 2024 Top Rated Awards

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SAP’s commitment to customers is steadfast in making SAP Business Technology Platform (SAP BTP) the best platform to extend and personalize SAP applications, integrate and connect landscapes, maximize the value of data, and drive business innovation through artificial intelligence (AI).

To that end, I am thrilled to announce that TrustRadius, a leading independent peer research and review platform, has once again recognized SAP BTP, along with multiple solutions that run on our platform, as winners of the 2024 Top Rated awards.

As a reflection of direct customer feedback, the TrustRadius Top Rated awards offer an authentic measure of a product’s quality and customer satisfaction and highlight those products that have demonstrated excellence in fulfilling clients’ needs and expectations.

Best of Awards

SAP customers’ willingness to share their hands-on experience and opinions of SAP BTP is testament to our platform’s services, robustness, and ongoing innovation.

We are honored that the following solutions have been recognized with Top Rated awards:

SAP Business Technology Platform on TrustRadius: Platform-as-a-Service (PaaS) and Application Infrastructure
SAP Build on TrustRadius: Low-Code Development and Robotic Process Automation (RPA)
SAP Integration Suite on TrustRadius: Integration Platform-as-a-Service (iPaaS), and API Management
SAP Master Data Governance on TrustRadius: Master Data Management (MDM) and Data Governance

“SAP Business Technology Platform’s comprehensive suite of solutions has been recognized with a TrustRadius Top Rated award,” said Allyson Havener, senior vice president of Marketing and Community at TrustRadius. “SAP is committed to delivering innovative technologies that empower businesses to drive digital transformation, and achieve their goals. We congratulate SAP on this achievement, showcasing their continued leadership and excellence in providing cutting-edge enterprise solutions.”

Our Focus on Customer Success

At SAP, customer success and satisfaction are the ultimate measures of our own success. We strive to deliver industry-leading solutions, functionality, and user experience that exceeds customer expectations and unlocks business potential. This is especially important as customers accelerate their digital innovation across business operations while maintaining the agility to adapt to fluctuating market demands. SAP BTP provides this for our customers.

“SAP Business Technology Platform is the right tool to manage sites, applications, users, and everything you can imagine in the cloud and non-cloud world, from my point of view BTP is very well focused and has everything that a tool has to have.”

Read the full review by Warner Bros. Discovery on TrustRadius

To read what other customers said about SAP BTP, please take a look at our TrustRadius review page. We welcome you to try out SAP BTP for yourself too.

On behalf of the entire SAP BTP team, we sincerely thank TrustRadius for acknowledging SAP BTP in its 2024 Top Rated awards and our dedicated SAP BTP customers for their unwavering support.

JG Chirapurath is chief marketing and solutions officer for SAP Business Technology Platform.

09 May

BUSINESS NEWS

IBM and SAP Plan to Expand Collaboration to Help Clients Become Next-Generation Enterprises with Generative AI

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New Value Generation partnership initiative focused on delivering greater client productivity and innovation with new generative AI capabilities and industry-specific cloud solutions

WALLDORF and ARMONK — IBM (NYSE: IBM) and SAP SE (NYSE: SAP) today announced their vision for the next era of their collaboration, which includes new generative AI capabilities and industry-specific cloud solutions that can help clients unlock business value.

“IBM and SAP’s shared approach to generative AI, built on an open ecosystem, trust and purpose-built models, will help empower clients to optimize business outcomes,” said John Granger, Senior Vice President, IBM Consulting. “Our new Value Generation partnership initiative will enable clients to accelerate the path to innovation, competitive advantage and become a next generation enterprise through generative AI.”

“It makes perfect sense to expand our partnership with IBM to help more customers accelerate their cloud journey leveraging RISE with SAP and realize the transformative benefits of generative AI for business in the cloud,” said Scott Russell, Chief Revenue Officer & Executive Board Member, Customer Success of SAP SE. “This expanded partnership will help more of our joint customers reach new heights by innovating through the cloud, data and business AI to grow and transform their businesses.”

IBM Consulting and SAP aim to accelerate transformation enabled by RISE with SAP by supporting clients in the following key areas:

Next-Generation AI Business Processes: Together, the companies are exploring opportunities to build new generative AI capabilities for RISE with SAP and infuse AI into SAP business processes across industry-specific cloud solutions and line of business applications. Initially, IBM plans to extend AI capabilities across SAP’s portfolio of cloud solutions and applications, all of which are underpinned by SAP Business Technology Platform (SAP BTP). This includes RISE with SAP, the GROW with SAP solution, financial solutions for the office of the CFO, supply chain management solutions, solutions for human capital management, SAP Customer Experience solutions and intelligent spend management solutions. IBM also plans to leverage SAP Signavio and SAP Business AI solutions to help define next-generation business processes through a proof-of-concept adoption program.
Next-Generation Industry Innovation: IBM and SAP plan to build intelligent industry use cases, enabled by data-driven insights, into end-to-end business processes to fuel next-generation industry innovation. These use cases will initially focus on the industrial manufacturing, consumer packaged goods (CPG), retail, defense, automotive and utilities industries. This includes IBM’s recent work with SAP to develop new AI solutions for the CPG and retail industries. As part of this initiative, IBM has begun the development of an extensive portfolio of over 100 AI solutions across industry, line-of-business and product delivery. In addition, IBM plans to develop prescriptive industry value maps that define next-generation business processes and opportunities for impact with AI. Clients will be able to access all of these new AI solutions through the global IBM Innovation Studios and SAP Experience Center sites.
Next-Generation Platform Architecture and Customer Adoption Approach: Next-generation enterprises require next-generation platform architectures and a modernized approach to customer adoption. Through the Value Generation partnership initiative, IBM intends to provide next-generation reference architectures that enable a clean core approach. To do this, IBM plans to leverage SAP BTP, SAP Signavio and LeanIX solutions. These new reference architectures will help define standards across data, process, systems and device integration, process orchestration and automation. IBM consultants supporting clients on SAP projects can also leverage IBM Consulting Advantage, IBM’s AI services platform, and its portfolio of proprietary methods, assets and Assistants to bring more repeatability and consistency to client delivery. With IBM Consulting Advantage, IBM consultants can transform the way they deliver SAP solutions to boost productivity and mitigate risk by leveraging generative AI to help complete tasks like generation of user stories, test scripts, training and change management content and code creation.
Next-Generation Ecosystem Expansion: IBM and SAP plan to partner around their respective employee network groups and “next-gen” communities, such as the business women’s networks at IBM and SAP, the SAP University Alliances program and the Veterans to Work program of SAP and Veterans at IBM to increase the SAP solutions experience in the consulting workforce and develop the next generation of talent. The companies also plan to explore new ways to collaborate on social impact programs, such as training at- risk youth in the IT sector and accelerating the integration of social businesses into global supply chains.
watsonx Planned Availability on the Generative AI Hub: IBM Granite Model Series are expected to be accessible for use across SAP’s portfolio of cloud solutions and applications – which is underpinned by the generative AI hub in SAP AI Core. The generative AI hub facilitates relevant, reliable and responsible business AI and provides instant access to a broad range of large language models (LLMs). This expands on IBM and SAP’s collaboration around embedding IBM Watson AI technology into SAP solutions. To further highlight watsonx.ai Granite capabilities, IBM Consulting plans to build extensions using the model on the generative AI hub for select customers.

This initiative will build on the companies’ over 50-year collaboration based on deep technology, industry and domain expertise and demonstrates the two organizations’ joint commitment to continue to evolve to put clients first and meet market demand.

IBM Consulting accelerates business transformation for our clients through hybrid cloud and AI technologies, leveraging our open ecosystem of partners. With deep industry and business expertise spanning strategy, experience design, technology, and operations, we have become the trusted partner to the world’s most innovative and valuable companies, helping modernize and secure their most complex systems. Our 160,000 consultants embrace an open way of working and apply our proven, collaborative engagement model, IBM Garage, to scale ideas into outcomes. As the only major global systems integrator inside a technology company, we don’t just advise – we invent and build what’s next together with our clients. Find out more at IBM.com/consulting.

To learn more about the Value Generation partnership initiative, visit ibm.com/info/sap-value-generation.

Visit the SAP News Center. Follow SAP at @SAPNews.

About IBM

IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. More than 4,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to effect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s commitment to trust, transparency, responsibility, inclusivity and service.

Visit www.ibm.com for more information.

About SAP

As a global leader in enterprise applications and business AI, SAP (NYSE:SAP) stands at the nexus of business and technology. For over 50 years, organizations have trusted SAP to bring out their best by uniting business-critical operations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit www.sap.com.

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For customers interested in learning more about SAP products:
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For more information, press only:
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SAP Press Room; press@sap.com
Jamee Nelson, IBM, jamee.nelson@ibm.com

08 May

BUSINESS NEWS

Insights from SAP MaxAttention Summit 2024

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At SAP MaxAttention Summit 2024, attendees received in-depth information about SAP Business AI, clean core with SAP Business Technology Platform (SAP BTP), updates on enterprise architecture, and more.

The event was held April 23-25 in Heidelberg, Germany, and customers on-site experienced insightful keynotes and sessions from SAP Executive Board Members Thomas Saueressig and Muhammad Alam, as well as SAP Chief Artificial Intelligence Officer Philipp Herzig and other experts.

SAP and customer speakers presented important updates on topics that also included Business Transformation as a Service, RISE with SAP, and SAP BTP. Attendees also benefited from interactive “eXpert eXchange” sessions and opportunities to network and share their experiences and best practices.

The SAP MaxAttention program offers premium-level engagement and personalized service for customers to move business-wide transformational change from boardroom plans to business reality with a tailored, premium experience. Program participants get premium access to trusted SAP experts, tools, and methodologies that can help deliver expected outcomes successfully with SAP solutions.

Replays

Watch the replays to see more:

Thomas Saueressig’s Keynote