SAP’s AI push leads to higher quarterly revenue in first quarter 2024
SAP's focus on delivering more AI services to ease customers' cloud ERP transition seems to be paying off. In the first quarter of this year, the company saw its revenue increase.
In the first quarter, SAP saw its revenue increase to 8.04 billion euros, eight percent more than in the same quarte... Read more
SAP expands Datasphere with knowledge graph and compass
New Datasphere features allow companies to discover hidden patterns and improve their planning and scheduling activities.
SAP launched Datasphere a year ago as the successor to its Data Warehouse Cloud and now thinks it's time for a major update. Many of Data Warehouse Cloud's users have automat... Read more
SAP establishes Business AI division
The new business unit focuses on artificial intelligence in business environments.
To support efforts at the Business AI division, SAP is also creating the new top position of Chief Artificial Intelligence Officer. The CAIO, Dr. Philipp Herzig, will lead the business unit. Herzig has held variou... Read more
SAP not continuing with intended Plattner successor Punit Renjen
Punit Renjen, presented last year as Hasso Plattner's successor, will not take the position as chairman of the supervisory board after all. The ERP vendor is now appointing the former chairman of Nokia Oyj, Pekka Ala-Pietilä, to this role.
SAP founder Hasso Plattner will step down as chairman i... Read more
SAP’s new solution fixes common ERP cloud migration problems
SAP recently introduced its new RISE with SAP Migration and Modernization program. This program allows large business enterprises to bring their entire ERP environments to the cloud.
SAP wants to make it easier for large-scale business companies to bring their existing ERP environments to the cl... Read more
SAP cuts 8,000 jobs
Germany's SAP will restructure this year, eliminating about 7.6 percent of current jobs.
SAP currently employs more than 105,000 people. However, the operational set-up must change to respond to key strategic growth areas, SAP explains in announcing the restructuring. The company sees many growt... Read more
SAP brings low-code closer to pro-code
The SAP BTP is the foundation for streamlining business processes. The platform is increasingly getting AI to streamline everything, from application development to integration and data management to analytics.
SAP's AI strategy has been shaken up with regularity in recent years, but as far as w... Read more
SAP adds vector datastore to HANA Cloud database
SAP HANA Cloud gets vector features for unstructured data to feed AI models with more context. Hallucinations should also decrease by bringing the data to models.
With a vector datastore, data is stored as high-demensional vectors, a mathematical representation of attributes. The advantage of st... Read more
SAP brings generative AI to developers with Build Code
With Build Code, generative AI assistant Joule is coming to low-code environment Build, to ease collaboration between pro coders and citizen developers.
According to SAP CTO Juergen Mueller, current market conditions call for every developer to be a Generative AI Developer. He sees in generative... Read more
Expert talks
From Rookie to Result: integrating S/4HANA Cloud Public Edition with ChatGPT using SAP BTP/CPI
Recently I got inspired by some blogs explaining how to integrate SAP S/4HANA OnPrem with ChatGPT – using 3rd party tools such as MS-Azure.
Since more then a decade I have my focus on “pure Public Cloud ERP” and hence on SAP S/4HANA Cloud Public Edition. Also my focus is on midmarket and s... Read more