TECHNOLOGY
300 million enterprise users around the world regularly with SAP cloud solutions
“ The world finds itself at the beginning of a major cycle of technological innovation ”
WALTER SUN GLOBAL HEAD OF AI SAP
He adds : “ Joule evaluates a vast number of regulatory updates , putting them into the context of a customer ’ s business and their SAP solutions . It also provides impact analysis across our products and solutions to help customers maintain compliance and run their day-to-day business without disruption .”
Competition in the procure-tech sector Competition in the procurement technology space is fierce , as all the main players seek to implement increasingly smart AI solutions into their products to give their customers return on investment and a competitive advantage .
Sun argues that – as a provider with a long history of integrating AI into its business processes – it is nothing new to SAP . Pattern detection , image recognition , classification , regression analysis , procurement and decision making are all areas in which AI enhances SAP solutions .
“ Generative AI is only as valuable as the data it draws from ,” Sun reminds us . “ Competitors who can combine business data with generative AI to provide strong context for the AI scenarios embedded in their solutions will have a significant advantage .”
This , he says , is where SAP is in a unique position to deliver value to its customers , because it can “ leverage our robust data model to build highly relevant AI business scenarios ”.
He adds : “ For over 50 years business data has been moving through SAP systems , and today thousands of businesses allow us to use their data – with all proprietary information removed – to build AI business models we can leverage to develop business scenarios across the entire SAP portfolio .”
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