SAP Business AI, the Green Ledger and Business-Ready
Innovations Across the Portfolio Underscore SAP's Ability to Help
Customers Solve Their Most Pressing Problems
ORLANDO,
Fla., May 16, 2023 /PRNewswire/ -- At the SAP
Sapphire conference in Orlando,
SAP SE (NYSE: SAP) unveiled sweeping innovations and collaborations
that equip customers to tackle an uncertain future with confidence.
Breakthrough announcements included responsible AI built into
business solutions, ledger-based accounting for carbon tracking and
industry-specific networks to bolster supply chain resilience. With
these advances, SAP is helping customers transform their business
models in the cloud, put sustainability at the center of their
operations and boost agility to succeed amid ongoing change.
"In a world of geopolitical tensions, product and skills
shortages and new regulations, our customers continue turning to
SAP for the solutions they need to solve their most pressing
challenges," said Christian Klein,
CEO and member of the Executive Board of SAP SE. "The innovations
we're announcing at SAP Sapphire build on our heritage of
responsibly developed technology and decades of industry and
process expertise to ensure our customers' success today and in the
future."
AI Built for Business
At the dawn of a new AI era, SAP
is strengthening its commitment to embed powerful AI capabilities
across its portfolio to help customers solve business-critical
problems in the flow of work.
Customers can use SAP Business AI with confidence because it is
built responsibly. Today, SAP is announcing a raft of advancements
to SAP Business AI, including innovations that personalize customer
engagement, make procurement more productive and expand
organizations' abilities to find and develop critical talent across
their entire workforce.
SAP also draws on the strength of its rich ecosystem to benefit
customers. Yesterday SAP announced the next step in its
long-standing partnership with Microsoft. The companies will
collaborate on integrating SAP SuccessFactors solutions with
Microsoft 365 Copilot and Copilot in Viva Learning as well as with
Microsoft's Azure OpenAI Service to access powerful language models
that analyze and generate natural language. The integrations will
enable new experiences designed to improve how organizations
attract, retain and skill their people.
Moving Toward a Green Ledger
Fifty years ago, SAP
revolutionized financial accounting with enterprise resource
planning (ERP) software. Today, SAP reinvents the "R" in ERP by
extending the definition of resources to include carbon.
Amid rapidly changing regulatory requirements and rising
stakeholder pressure to operate sustainably, enterprises need an
accounting system for emissions that is as auditable, transparent
and reliable as their financial data accounting. With SAP's new
green ledger initiative, which moves companies from carbon
estimates to actual data, companies can manage their green line
with as much visibility, accuracy and confidence as their top line
and bottom line.
SAP is announcing an update to the SAP Sustainability Footprint
Management solution, a single solution that calculates and manages
the full range of corporate, value chain and product-level
emissions. SAP is also announcing the SAP Sustainability Data
Exchange application, a new solution for enterprises to securely
exchange standardized sustainability data with partners and
suppliers so they can decarbonize supply chains faster.
SAP's green ledger initiative is planned to become part of the
RISE with SAP and GROW with SAP solutions.
Innovations Across the Portfolio, Platform and Ecosystem
Shore Up Customers' Resilience
SAP also announced a host of innovations across the rest of its
portfolio. For example, drawing on the success of SAP Business
Network, a comprehensive B2B collaboration platform where some
US$4.5 trillion of trade is conducted
annually, SAP announced SAP Business Network for Industry. This
offering combines the benefits of networked supply chains with
SAP's unique industry expertise to help customers across consumer
products, high tech, industrial manufacturing and life sciences
boost supply chain resilience quickly.
Innovations launched across SAP Business Technology Platform
dramatically accelerate business process organization and enable
enterprise automation at scale. Advancements in SAP
Signavio solutions mean customers get critical process
insights in hours, not days. Updates to SAP Integration Suite bring
together holistic processes across SAP and non-SAP systems
on-premise and in the cloud. And new event integration capabilities
in SAP's low-code offering, SAP Build solutions, give business
experts the power to trigger automations across all business
processes.
As customers face increasingly fractured data landscapes, SAP
also recently built on its commitment to open data that increases
customers' ability to uncover deep, actionable business insights
with an extensive expansion of its partnership with Google Cloud.
The comprehensive open-data offering enables customers to build an
end-to-end data cloud that brings data from across the enterprise
landscape using the SAP Datasphere solution together with Google's
data cloud.
SAP also doubled down on its commitment to upskill two million
people worldwide by 2025 as the need for top-notch professional
developers continues rising along with the increasing pace of
technological innovation. The company announced new programs to
meet the growing demand for SAP experts across its ecosystem to
continue driving customers' ongoing business transformation in the
cloud.
Visit the SAP Sapphire News Guide for 2023. Follow SAP on
Twitter at @SAPNews.
About SAP
SAP's strategy is to help every business run as an intelligent,
sustainable enterprise. As a market leader in enterprise
application software, we help companies of all sizes and in all
industries run at their best: SAP customers generate 87% of total
global commerce. Our machine learning, Internet of Things (IoT),
and advanced analytics technologies help turn customers' businesses
into intelligent enterprises. SAP helps give people and
organizations deep business insight and fosters collaboration that
helps them stay ahead of their competition. We simplify technology
for companies so they can consume our software the way they want –
without disruption. Our end-to-end suite of applications and
services enables business and public customers across 25 industries
globally to operate profitably, adapt continuously, and make a
difference. With a global network of customers, partners,
employees, and thought leaders, SAP helps the world run better and
improve people's lives. For more information, visit
www.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 2022 Annual
Report on Form 20-F.
© 2023 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.
For customers interested in learning more about SAP
products:
Global Customer Center: +49 180 534-34-24
United States Only: +1 (800) 872-1SAP (1-800-872-1727)
Please consider our privacy policy. If you received this press
release in your e-mail and you wish to unsubscribe to our mailing
list please contact press@sap.com and write Unsubscribe in the
subject line.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/saps-vision-for-future-proofed-business-in-the-age-of-ai-comes-to-life-sap-sapphire-in-2023-301825412.html
SOURCE SAP SE
