Future

Nov 26, 2023

At the SAP Sapphire conferences, SAP made a few key announcements. One of these announcements included responsible AI built into business solutions, ledger-based accounting for carbon tracking and industry-specific networks to bolster supply chain resilience.

"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. "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."

At the dawn of a new AI era, SAP is strengthening its commitment to embed powerful AI capabilities across its portfolio. SAP had also previously announced its intention to embed IBM's Watson AI into SAP Solutions.

SAP announced a myriad 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 announced AI would be embedded into all of their products moving forward.

SAP also emphasized the importance of its rich partner ecosystem. 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.

SAP announced its new green ledger initiative, which moves companies from carbon estimates to actual data, as well as 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. Additionally, SAP also announced the 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 and GROW solutions. SAP's commitment to becoming greener also extended to the Sapphire event itself, where the company insisted on paper being used over plastic wherever possible, and asked partners to refrain from handing out goodie bags, citing ecological reasons.

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 4.5 trillion USD 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 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.

sap.com

Articles published through E-3 Magazine International. This includes press releases by our partners as well as articles and reports from the E-3 team of journalists.

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