DXC Technology, a global technology services provider, has introduced the DXC Fast RISE with SAP service. This innovative offering aims to significantly speed up SAP deployments, enabling businesses to leverage the extensive benefits of SAP S/4HANA in under a year. The DXC Fast RISE with SAP service is designed to drastically cut down the implementation […]
In their SAP Sapphire Orlando keynote, Executive Board Members Muhammad Alam, SAP Product Engineering, and Juergen Mueller, chief technology officer, shared how the latest SAP innovations will help businesses drive true, end-to-end digital transformation and address their toughest business challenges.
Taking Business to the Next Level in the Era of AI
In the keynote, which featured several real-world product demos by SAP employees, Alam and Mueller touted the value of SAP’s best-of-breed solutions with an outlook of what the next 50 years of innovation by SAP may look like.
Who better to inspire the keynote than Hasso Plattner, co-founder and recently retired chairman of the SAP Supervisory Board, who both Alam and Mueller invoked during the session. To spell out SAP’s legacy and vision for the future, Mueller quoted Plattner’s farewell message: “Keep innovating, keep pushing boundaries, and keep making a difference in the lives of our customers and the world at large.”
Keep Innovating
To kick off his first SAP Sapphire appearance as the head of SAP Product Engineering, Alam began by describing the importance of harnessing innovation to deliver an end-to-end picture across all business functions and unlock true value.
Simply put, businesses exist to build and deliver products and services to customers, he explained. But the materials, assets, people, and processes that come together to achieve this task is far from simple. “The reality is that each part of the business is deeply and intricately connected to all the others,” Alam said, meaning a pain point in one area impacts the rest. That’s why SAP’s modular cloud ERP approach is so successful: “We allow our customers to drive true digital transformation as opposed to running systems integration projects disguised as digital transformation,” he added.
Alam presented GROW with SAP as an example of this composability and extensibility, as it can work for and scale to many sizes and types of business. And now, SAP Sales Cloud and Concur Expense are natively integrated into GROW with SAP, making the offering even more comprehensive. Sinit Foto, product manager for UX, Cloud ERP at SAP, joined Alam on stage to show how GROW with SAP and SAP Business AI can help achieve integrated processes, demoing use cases such as communicating with customers about sales quotes, creating expense reports, and supporting financial analyses. In fact, Alam announced that SAP is implementing the demoed application internally to manage sales worldwide. And Mueller emphasized: “We are committed to helping you in this transformative AI moment by creating business outcomes that were unthinkable before. That’s why we’re embedding SAP Business AI deeply in our processes and analytics.”
Keep Pushing
AI was woven throughout the entire keynote, with both Alam and Mueller discussing SAP’s strategy and product enhancements in this space. AI must be high value, easy to adopt into the flow of work, and trustworthy for it to truly transform how we do business, Alam said. “Equally important is whether it’s done in a way where it keeps your data secure and private – and is executed in a responsible manner,” he added. “And that is really the core promise of SAP Business AI.”
There’s no doubt that AI is a powerful technology, which is why it’s essential that businesses view it as a “responsibility” not just an “opportunity,” Alam said. Megan Fife, executive solution advisor for SAP SuccessFactors, showed how SAP executes on its responsible, reliable, and relevant business AI by demoing how SAP’s AI copilot Joule in SAP SuccessFactors HCM can help fill skills gaps and collaborate across teams, among other meaningful tasks. Key to this endeavor is SAP’s expanded partnership with Microsoft announced earlier in the day, which Scott Guthrie, executive vice president of Cloud and AI at Microsoft, discussed with Alam on stage.
Mueller echoed the importance of responsible AI, saying that the technology depends highly on data that is reliable and that allows customers to look at their business end-to-end. Here, SAP Datasphere and SAP Spend Control Tower – which was demoed by Orla Cullen, product marketing manager for Data and Analytics at SAP – can help simplify data management and view and manage spend and sustainability data holistically.
This transformation is supported by SAP Business Technology Platform (SAP BTP), and Mueller demonstrated the newest generative AI features in SAP Analytics Cloud, SAP Integration Suite, and SAP Build solutions. He showed how Joule can help create and summarize financial reports for controlling teams; generate integration flows between SAP and non-SAP applications; and create custom skills and content based on specific business needs. Greater insights, faster reaction times, and increased productivity are the result. Soon, Mueller added, it will even be possible to enhance and extend Joule’s knowledge by creating custom skills using SAP Build and having the copilot interact with data housed in SAP and non-SAP systems, helping businesses run even more efficiently.
SAP BTP is the key to being “innovation-ready,” maintaining a clean core, and tailoring standard offerings to unique needs, Mueller explained. More than 24,000 companies running live on SAP BTP, including Blue Diamond Growers and Lufthansa Technik, can attest to this.
“SAP BTP’s extensibility and enterprise automation capabilities can help businesses turn process insights into actual improvements,” Mueller said. Cecilia Huergo, product manager for SAP BTP, showed this in her demo on how identifying improvement opportunities, realizing needed changes while maintaining a clean core, and gaining an up-to-date view of your IT landscape can be enabled with the combined power of SAP Signavio solutions, SAP LeanIX, and SAP BTP.
Keep Making a Difference
The innovations demoed and discussed in Alam and Mueller’s keynote, in addition to the many others announced at SAP Sapphire in 2024, are just the latest steps forward in SAP’s journey to bringing out the best in its customers. “The future is here, and it’s defined by those who innovate first,” Mueller said. “And we are here to give you the right tools at hand, such that you can be a leader not just today, but also tomorrow.”
The SAP Sapphire 2024 conference heralds a new era of business transformation, with SAP introducing a suite of generative AI innovations and strategic partnerships designed to elevate enterprise operations. By seamlessly integrating Business AI throughout its enterprise cloud portfolio, SAP is not only enhancing mission-critical processes but also partnering with industry leaders to harness the […]
WALLDORF — SAP SE (NYSE: SAP) announced today that it is adjusting its dividend policy effective immediately.
The new policy is to pay a dividend amounting to at least 40% of the SAP Group’s non-IFRS profit after tax from continuing operations (previously: at least 40% of the group’s IFRS profit after tax).
This change is intended to reduce volatility in the dividend payout ratio and ensure close alignment between dividend payout and financial performance.
In a significant move towards digital transformation, Qatari Investors Group Q.P.S.C. (QIG), a diversified conglomerate listed on the Qatar Stock Exchange, has entered into a partnership agreement with global technology company SAP SE. This collaboration will enable QIG to leverage the benefits of SAP’s cloud ERP solution, SAP S/4HANA Cloud, with data securely hosted in […]
Intelliwave Technologies has announced the availability of its SiteSense Mobile Materials Management solution on the SAP Store, offering customers a powerful tool for managing construction materials and inventory. The integration with SAP S/4HANA enables seamless synchronization of procurement data and goods movement transactions, empowering field teams to efficiently handle materials, inventory, and warehouse management tasks […]
In the face of economic headwinds and unpredictability, SAP in Africa is empowering businesses to shift from stagnation to innovation-driven growth. At the recent SAP Innovation Day in Johannesburg, technology and business leaders gathered to discuss how African enterprises can leverage cutting-edge technologies such as artificial intelligence (AI) and cloud computing to optimize processes, gain […]
In today’s rapidly evolving business landscape, SAP SuccessFactors partners play a crucial role in extending the reach and enhancing the solutions offered by SAP SuccessFactors. These partnerships ensure that customers can leverage innovative technologies to tackle the challenges of today and tomorrow while making every employee a success story. The SAP Global Line of Business […]