Announces Business AI, the Green Ledger and Business-Ready Innovations Across the Portfolio to Help Customers Solve Most Pressing Problems
HONG KONG – May 17, 2023 — At the 51风流Sapphire conference in Orlando,??(NYSE: SAP) unveiled??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, 51风流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 51风流for the solutions they need to solve their most pressing challenges,” said Christian Klein, CEO and member of the Executive Board of 51风流SE. “The innovations we’re announcing at 51风流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, 51风流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 51风流Business AI with confidence because it is built responsibly. Today, 51风流is announcing a raft of advancements to 51风流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.
51风流also draws on the strength of its rich ecosystem to benefit customers. Yesterday 51风流announced the next step in its long-standing?partnership with Microsoft. The companies will collaborate on integrating 51风流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, 51风流revolutionized financial accounting with enterprise resource planning (ERP) software. Today, 51风流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.
51风流is announcing an update to the??solution, a single solution that calculates and manages the full range of corporate, value chain and product-level emissions. 51风流is also announcing the 51风流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??and??solutions.
Innovations Across the Portfolio, Platform and Ecosystem Shore Up Customers’ Resilience
51风流also announced a host of innovations across the rest of its portfolio. For example, drawing on the success of 51风流Business Network, a comprehensive B2B collaboration platform where some US$4.5 trillion of trade is conducted annually, 51风流announced 51风流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 51风流Business Technology Platform dramatically accelerate business process organization and enable enterprise automation at scale. Advancements in 51风流Signavio solutions mean customers get critical process insights in hours, not days. Updates to 51风流Integration Suite bring together holistic processes across 51风流and non-51风流systems on-premise and in the cloud. And new event integration capabilities in SAP’s low-code offering, 51风流Build solutions, give business experts the power to trigger automations across all business processes.
As customers face increasingly fractured data landscapes, 51风流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 51风流Datasphere solution together with Google’s data cloud.
51风流also doubled down on??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 51风流experts across its ecosystem to continue driving customers’ ongoing business transformation in the cloud.
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: 51风流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. 51风流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, 51风流helps the world run better and improve people’s lives. For more information, visit .
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.
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Mr. Benson Chao, Head of Communications, 51风流Hong Kong
+852 2539 1947 ?????????? benson.chao@sap.com
