jennychua@twm.com.sg - The World Management

13 June

RHI Magnesita Refines Technology Landscape with RISE with SAP

BARCELONA — SAP SE (NYSE: SAP) announced that RHI Magnesita (LSE: RHIM), has chosen the RISE with SAP solution to rebuild and streamline its technology infrastructure for continued growth in the refractory industry.

A global leader in refractories, RHI Magnesita provides essential parts of the infrastructure that we use and need in our everyday lives. Supplying high-grade refractory products, systems and solutions, RHI Magnesita has 47 main production sites across the world, and ships its products to more than 100 countries.

With its vision to sustainably manage heat to build a better world, RHI Magnesita needed a technology foundation that would allow end-to-end interaction across its customers, suppliers and business partners across all geographies, end markets and product lines. Choosing to implement a multi-tier landscape consisting of both SAP S/4HANA Cloud Private Edition and SAP S/4HANA Cloud Public Edition, RHI Magnesita is now equipped to redefine all its technology processes and landscape.

Ticiana Kobel, Executive VP Legal & Digital Transformation at RHI Magnesita, stated, “With the revamped digital landscape that we will shape together with SAP, RHI Magnesita will transform into a digitally fortified company, centered around our customers and driven by data. The transition to SAP S/4HANA Cloud marks a pivotal moment in RHI Magnesita’s journey toward unparalleled efficiency, agility, and innovation which will enable us to unlock real-time insights, streamline operations, and enhance decision-making across our global network.”

With SAP S/4HANA Cloud, RHI Magnesita will have one unified view of its operations and supply chain, reducing its infrastructure footprint, and poises itself for better integration of future acquisitions while delivering cost savings.

“RHI Magnesita is embarking on a true digital transformation that will see the streamlining of several landscapes that will allow it to leverage the cost savings, scalability and flexibility that comes with moving to the cloud,” said Alexander Klaeger, President of SAP MEE. “Already a leader in the industry, I’m excited to see RHI Magnesita use SAP S/4HANA Cloud to sustainably provide infrastructure the world needs.”

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

Media Contacts:
Elisabeth Wursche, +43 664 620 74 27, elisabeth.wursche@sap.com, CET
Lesa Plingen, +49 6227 76 9000, lesa.plingen@sap.com, CET
SAP Press Room; press@sap.com

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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12 June

BUSINESS NEWS

Powering the AI Revolution with New Learning, Certifications, and Simplified Access to Talent

by jennychua@twm.com.sg 0 Comments

Artificial intelligence (AI) is currently forcing the technology industry to undergo a paradigm shift, further accelerating the upheaval in business and society. We see AI embedded in tools we have been using for years, and we see software finding its way into every aspect of competition today. Against this background, it comes as no surprise that 94% of business leaders see AI as critical to success over the next five years. However, many report the lack of resources and talent to drive competitiveness with these new tools.

To make it easier to develop relevant skills and secure business success in such a volatile environment, we embarked on a journey to upskill millions of people worldwide in search of opportunity. After launching a digital skills initiative for those underserved in tech, forging new partnerships, offering the first role-based certifications to help meet real-life business needs, and making future-focused learning resources available to all, we are now taking our efforts to an even higher level – with more free, self-paced learning and engagement opportunities, new solution demos to experience the latest innovations in SAP Business AI, cloud ERP, and SAP Business Technology Platform (SAP BTP), among others, a full portfolio of role-based certifications and a new certification model, as well as an extended digital skills initiative.

More Than 250 Free Online Courses Now Available for All

From global talent shortages and changing job profiles to the digitalization of entire economies, many organizations see the gaps between skill supply and demand grow wider and wider while searching for ways to adapt to a business landscape where advancements like AI, machine learning, and a new era of Big Data come into play. In this ever-changing atmosphere, tens of thousands of organizations have deployed SAP solutions to support them on their path to bring out their best, leading to skyrocketing demand for SAP talent.

To help meet the increasing demand, we recently launched more than 50 new free, self-paced learning journeys – many of them touching on AI features embedded in our software – bringing the total number of digital courses on the SAP Learning site to more than 250. By allowing everyone with an Internet connection to quickly learn a new skill for free, keep up with the latest innovations, and prepare for an in-demand SAP Certification, more professionals can advance in the competitive technology labor market, while customers can draw on a deeper bench of skills to accelerate digital transformation.

Launching Role-Based Certifications for All Key Roles

As organizations need to be more adaptive and dynamic, traditional university degrees become less important and skills-based hiring is on the rise when trying to fill positions. In fact, recent reports show that up to 52% of job postings in the U.S. in the beginning of the year did not state an educational requirement. Instead, role-based certifications and practical experience have become more determining factors for career paths and hiring.

Recognizing the advantages role-based certifications can offer both individuals and organizations, we have further enhanced our certification program to better align with real-life business needs, now offering role-based certification for all key roles, including consultants, analysts, and architects. These role-based certifications come with a clear career path for individuals. Together with a new model to get and stay certified with continuous assessments, this is our way to help ensure skill sets are sharp, focused on core competencies, and more sustainable and valid for longer periods of time.

With these enhancements, we believe we have now taken an important next step to support professionals and organizations in the SAP ecosystem to bring out their best with ongoing and up-to-date knowledge of the latest skills, helping to maximize the ROI of SAP software, shorten deployment times, lower costs, speed innovation, and increase employee retention and satisfaction.

Simplified Access to Pre-Trained SAP Talent

However, we recognize that many people considered underrepresented in tech still do not have access to future-focused educational resources and with it, fulfilling careers. Launched in late 2022, SAP’s digital skills initiative was intended to equip 10,000 people from underrepresented and underserved groups for a career in the tech industry with free, self-paced learning resources and a free certification exam attempt to obtain an in-demand SAP Certification to show their expertise. Ever since its launch, the initiative has grown – and contributed to amazing success stories.

Hearing that SAP professionals like Lin Fan, a Chinese immigrant to Germany, could overcome gender bias because of our digital skills initiative, makes me proud. “[The digital skills initiative and SAP Certification] indeed opened new doors and helped me get noticed by recruiters,” Fan said. “I got several interviews from major SAP consulting firms shortly after handing in my application. In the interviews, I highlighted what I learned and expressed my confidence in accepting challenges for rolling out SAP S/4HANA. In the end, I got an offer and gladly started a junior role at a consulting firm that actively implements SAP S/4HANA projects.”

While Fan’s path is inspiring, she is not the only one who turned their life around with the help of SAP. Given the expectation-exceeding demand of now more than 14,500 candidates, we are overwhelmed by the positive uptake of the initiative. One of our recent graduates, Chelcie Scott, agreed to tell her story on camera and shared how intimidating the tech industry appeared to the single mother at first. Thanks to her willpower and commitment, plus a little help from the digital skills initiative, she recently got certified and hired by an SAP partner. And as organizations are still struggling to find skilled employees, we have decided to extend SAP’s digital skills initiative, bringing candidates and organizations together. With simplified access to SAP-trained talent, we are helping customers and partners to recruit talent and expand their workforce faster while also allowing for greater diversity and innovation.

At SAP, we recognize the challenges and opportunities that lie ahead for customers, partners, and individual learners within and outside of the SAP ecosystem. With these enhancements, we have taken the next step to help organizations equip their existing workforce with the right tools and resources to future-proof their skill set while also paving career growth for those who do not have a seat at the table yet but can bring a fresh set of perspectives to it.

10 June

Video_SAP

Break Down Barriers With the Help of SAP’s Digital Skills Initiative

by jennychua@twm.com.sg 0 Comments

Meet Chelcie Scott, a single mother from Atlanta, who wanted to make a living for her daughter but struggled to make ends meet. When she was offered the chance to take part in a bootcamp organized by SAP’s digital skills initiative, she started to think bigger. Learn more about Chelcie’s story and learn how SAP’s digital skills initiative can also help equip you for a career in the tech industry with free, self-paced learning resources and a free certification voucher to obtain an in-demand SAP Certification to show your expertise. Open the door to new career opportunities just like Chelcie did – she was hired by an SAP partner! #SAPLearning #SAPCertification
Learn more: https://learning.sap.com/digital-skills?url_id=text-sapcommunity-prdteng-learnerstory

Chapters:
👉A Young Mom’s Journey (0:00 – 0:43)
👉The Challenges of Being a Single Mompreneur (0:43 – 1:24)
👉Barriers in Tech and the Need for Change (1:24 – 2:11)
👉The SAP Digital Skills Initiative (2:11 – 3:56)
👉The Power of Diversity in Tech (3:56 – 5:37)

08 June

BUSINESS NEWS

How Four SAP Customers Are Successfully Driving Transformation in Their Businesses

by jennychua@twm.com.sg 0 Comments

This week at SAP Sapphire, four industry-leading companies joined SAP Executive Board Members Scott Russell and Thomas Saueressig on stage in Orlando to discuss how they are using SAP technology to deliver high-value results for their businesses.

Russell told the crowd that customer stories and conversations is what SAP Sapphire is all about, saying that what makes the event special is having “a collective group that comes together, both here in the room and virtually, and being able to understand how SAP can bring out your best.”

Russell emphasized that the news from SAP Sapphire is a “demonstration of our commitment to continually innovate, to continually strive to bring more creative value to your business.”

He noted that a perfect example of this is the announcement that SAP has entered into an agreement to acquire WalkMe, a leader in digital adoption platforms. Reflecting on the acquisition, Russell said “We are obsessed not only about great applications and great platforms to deliver value for your business, we also care passionately about the transformation journey to get there.”

07 June

Video_SAP

Why AI Means Being In The Cloud

by jennychua@twm.com.sg 0 Comments

Business success in the era of AI means being in the cloud, the most important step in the journey of realizing value and keeping up with the latest end-to-end tech innovations. SAP is at the steering wheel of this transformation, delivering business outcomes to customers around the world, including American Printing House and EPI-USE Labs. Learn more: https://sap.to/60575GrzJ
#sapsapphire

05 June

BUSINESS NEWS

Putting Sustainability at the Heart of ERP

by jennychua@twm.com.sg 0 Comments

Sustainability has evolved from a boardroom buzzword to a critical driver of business success and strategic differentiation. To thrive, companies are going to need to understand how to operate in a modern, low-carbon, circular economy. SAP solutions will support them by embedding sustainability into every aspect of their operations.

At our customer flagship event, SAP Sapphire, we’re discussing how we support customers with their biggest challenges, looking at future trends, and unveiling the latest product innovations.

This makes the event the perfect opportunity to highlight how we are redefining the way companies manage sustainability through our ERP-centric, cloud-based, AI-enabled approach.

ERP-Centric

For true business model transformation, sustainability needs to be at the core of how companies operate. At SAP, we integrate sustainability data into cloud ERP business processes, which helps companies connect financial and non-financial information and thus treat carbon like money. This makes all decisions financially and environmentally sound while enabling customers to record real impacts and report audit-ready environmental, social, and governance (ESG) metrics seamlessly.

Cloud-Based

Instant access to fast-evolving innovations is only possible through the cloud. Our modern cloud-based solutions ensure that businesses can quickly adopt new functionality and stay ahead in a rapidly changing environment.

AI-Enabled

Business AI is revolutionizing the way we approach sustainability. At SAP, AI takes complex sustainability tasks reliant on sustainability data and ERP data and makes them automated and auditable. It enables companies to improve operational efficiency, foster greater transparency around supply chain emissions, design and plan more effectively, and automate time-consuming tasks. SAP Business AI is built on the data and processes that run the business world, including sustainability related information from both inside and outside the company’s walls, making our solutions smarter, faster, and more effective.

With SAP Business AI, we support our customers’ efforts to optimize for sustainable impact. This year at SAP Sapphire, we are thrilled to announce two new AI-driven sustainability use cases:

Emission Factor Mapping with AI: Available in SAP Sustainability Footprint Management, this feature enhances the accuracy and speed of carbon footprint calculations through automated, intelligent suggestions. By reducing the manual effort involved in mapping emission factors, businesses can achieve more precise measurements and make informed decisions faster.
ESG Report Generation with AI: This capability allows for the automatic generation of ESG reports based on the data within SAP Sustainability Control Tower. This not only streamlines the reporting process but also helps ensure that the data is reliable and actionable, providing a clear picture of a company’s sustainability performance.

Our comprehensive approach to carbon management is becoming a reality as we introduce new sustainability tracking, monitoring, and reporting features within the SAP cloud ERP portfolio as well as a new solution that will help customers manage sustainability commitments and comply with global regulations.

Advanced Carbon Calculator Engine: This powerful tool featured in SAP Sustainability Control Tower and SAP Sustainability Footprint Management integrates ERP data from SAP S/4HANA Cloud and other sources and embeds results back into business processes for informed decision-making. As such, it allows customers to meet Greenhouse Gas Protocol reporting standards, offering advanced, granular calculations of both product and corporate carbon footprints.
SAP Green Ledger will be released at the end of 2024. The solution will help customers connect their emissions data and financial data, allowing customers to easily understand the correlation between emissions and finances, model sustainable business scenarios, and then act with decisions that are both financially and environmentally.

At SAP, we believe that the future of business is inextricably linked to sustainability. This is why sustainability is a key pillar of our growth strategy. Businesses must recognize that sustainable practices are not just ethical choices, but strategic financial decisions that drive innovation, reduce costs, and mitigate risks.

Moreover, sustainable transformation opens up significant economic opportunities. By transforming their operations around sustainability, businesses can create a modern, low-carbon, circular economy that benefits both the environment and their bottom line, enhancing overall resilience.

This transformation aligns business success with global sustainability goals, paving the way for a more sustainable, valuable, and prosperous future.

Sophia Mendelsohn is chief sustainability and commercial officer at SAP.

05 June

Video_SAP

SAP Sapphire Opening Keynote: Bring Out the Best in Your Business | 2024

by jennychua@twm.com.sg 0 Comments

To draw the best out in your business requires a clear vision and strategy – and the right tools to execute. Learn how SAP’s portfolio of enterprise applications, empowered by business AI, can help you bring out the best in your company, enabling you and your business stakeholders to turn vision into reality.
👉 Christian Klein, CEO, SAP
👉Julia White, Chief Marketing & Solutions Officer, SAP Executive Board, SAP
👉Jensen Huang, Founder, President and CEO, NVIDIA
👉 Devdatt Kurdikar, CEO, embecta
👉 Etosha Thurman, Chief Marketing & Solutions Officer for Intelligent Spend & Business Network, SAP

05 June

Video_SAP

SAP Sapphire Virtual Studio – Join Us Live From Orlando

by jennychua@twm.com.sg 0 Comments

Get the latest updates and exciting highlights straight from the showfloor in Orlando! https://sap.to/6052e774q
#sapsapphire

04 June

BUSINESS NEWS

SAP Infuses Business AI Throughout Its Enterprise Cloud Portfolio and Partners with Cutting-Edge AI Leaders to Bring Out Customers’ Best

by jennychua@twm.com.sg 0 Comments

SAP Business AI Innovations and Collaborations with Partners including Google Cloud, Meta, Microsoft, Mistral AI and NVIDIA Ignite Ingenuity

ORLANDO — At its annual SAP Sapphire conference, SAP unveiled generative AI innovations and partnerships that showcase how the company is taking business to the next level in the era of AI.

By infusing Business AI across an enterprise cloud portfolio that powers the world’s most mission-critical processes and partnering with companies pushing the edge of what’s possible with AI, SAP is igniting a new wave of insight and ingenuity in global business.

“The Business AI innovations we’re announcing at SAP Sapphire in 2024 will redefine the way businesses run,” says Christian Klein, CEO and member of the Executive Board of SAP SE. “Today’s AI announcements and partnerships build on our commitment to deliver revolutionary technology that drives real-world results, helping customers unleash the agility and ingenuity they need to succeed in today’s fast-moving business landscape.”

AI That Means Business

As SAP embeds Business AI across its enterprise solutions, it puts rich insights at users’ fingertips, empowering them to deliver better outcomes and elevate the creative problem-solving humans do best. Examples include AI-generated reports in SAP SuccessFactors solutions that give people managers responsibly sourced insights for compensation-related discussions as well as forecasting capabilities in SAP Sales Cloud solutions that predict combinations of salespeople and products most likely to drive sales. Meanwhile, the SAP Business Technology Platform is adding large language models from Amazon Web Services, Meta and Mistral AI to its generative AI hub. This capability in the SAP AI Core infrastructure makes it easier to build generative AI use cases for SAP applications.

SAP’s generative AI copilot Joule, which quickly sorts and contextualizes data from multiple systems to advance automation and improve decision-making, is expanding throughout the company’s solution portfolio. Joule launched in SAP SuccessFactors solutions last fall and is now embedded into SAP S/4HANA Cloud solutions and others including SAP Build and SAP Integration Suite. Further expansion by year-end will include SAP Ariba and SAP Analytics Cloud solutions. At Sapphire, SAP also announced plans to further broaden Joule’s scope by integrating it with Microsoft Copilot to surface even richer insights. This deep, bi-directional integration gives users a unified experience built right into the flow of work, enabling seamless access to information from interactions with business applications in SAP and Microsoft 365.

Reflecting Business AI’s increasing importance, SAP is redoubling its commitment to the principles of relevant, reliable, and responsible AI it pioneered. At Sapphire, SAP is adopting the 10 guiding principles of the UNESCO Recommendation on the Ethics of Artificial Intelligence, which aim to ensure that AI technologies are developed and used in ways that respect human rights, promote fairness and contribute to sustainable development.

Partnerships That Scale Innovation

SAP is partnering with best-in-class technology leaders to push the limits of what generative AI can do at an enterprise level. In addition to our expanded collaborations with AWS and Microsoft, partnerships with Google Cloud, Meta, Mistral AI and NVIDIA ensure SAP can harness the power of AI-ready technology to innovate at speed and deliver richer real-world results.

Google Cloud

SAP and Google Cloud are expanding their partnership, using Business AI to help enterprises better predict and mitigate supply-chain risks to minimize disruptions and maintain optimal inventory levels. The companies will integrate Joule and the SAP Integrated Business Planning for Supply Chain solution with Google Cloud’s Gemini models AI assistant and Google Cloud Cortex Framework’s data foundation.

Meta

SAP will leverage Meta Llama 3 to generate scripts that render highly customized analytics applications in SAP Analytics Cloud. Meta’s next-generation AI model excels at language nuances and contextual understanding, making it an ideal candidate for translating enterprise business requirements into tangible outcomes.

Mistral AI

SAP will also add new large language models from Mistral AI, a global company headquartered in Paris specializing in generative AI, to the generative AI hub capability in SAP AI Core.

NVIDIA

SAP and NVIDIA Corporation advance a cross-product partnership* to embed cutting-edge technologies into enterprise-ready business applications:

As SAP trains Joule to serve as an AI assistant for the RISE with SAP solution implementations, NVIDIA’s state-of-the-art AI models sift through SAP consulting assets to provide relevant and precise answers to implementation-related questions;
As SAP embeds Joule in the ABAP Cloud model to generate ABAP code for SAP developers, NVIDIA’s accelerated infrastructure will run, scale, and manage SAP’s generative AI model for ABAP code generation;
As SAP infuses generative AI into the SAP Intelligent Product Recommendation solution, NVIDIA Omniverse Cloud APIs enable the simulation of complex manufacturing products and configurations as industrial digital twins.

Cloud Technology That Drives Agility and Sustainability

Business success in the era of AI means being in the cloud. SAP is making the move easier than ever with initiatives that help customers find partners with the expertise needed for complex SAP S/4HANA Cloud transformations. Further cloud innovations at SAP Sapphire include features that help the world’s organizations measure, manage and execute their sustainability strategies. SAP Sustainability Control Tower and SAP Sustainability Footprint Management solutions now track carbon footprints at scale and help businesses meet regulatory standards.

*NVIDIA blog link will be live by 10:00 a.m. ET/4:00 p.m. CEST on June 4

Learn more in the 2024 SAP Sapphire News Guide.

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

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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30 May

Video_SAP

SAP BTP Innobytes – Innovation Highlights – May 2024 | SAP Build Apps | SAP Discovery Center

by jennychua@twm.com.sg 0 Comments

👉SAP Business Technology Platform Innobytes – fresh, snackable SAP BTP insights that you can quickly consume and easily share. A monthly video series, sharing the latest hits and top SAP BTP innovations.

May’s Innovation Highlights:
👉0:13 SAP Build Apps Integration with SAP Build Process Automation
Learn more: https://sap.to/6058eGVcY
👉1:27 Automated Design Checks for Cloud Integration Flows
Learn more: https://sap.to/6059eGVcl
👉2:20 New Reference Architectures in SAP Discovery Center
Learn more: https://sap.to/6050eGVcm

#sapbtp #innovation #sapbuild