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Recently, at the SAP Sapphire Conference in Orlando, USA, SAP released stunning innovation results and cooperation to help customers calmly cope with an uncertain future. Among the breakthrough results released by SAP are responsible AI embedded in business solutions, carbon footprint tracking solutions based on ledger accounting, and SAP Business specifically built for different industries that can improve supply chain resilience. network. With these results, SAP will help customers revolutionize their business models in the cloud, operate with sustainability at their core, and increase business agility amid ongoing change.
At the SAP Sapphire Conference, SAP CEO Christian Klein delivered the opening speech
SAP CEO Christian Klein said: "Faced with a complex environment, shortages of key products and skills, and new regulatory policies, customers are looking to SAP to help them solve their pressing business problems. We announced at the SAP Sapphire Conference The innovation results benefit from SAP's deep heritage of insisting on developing technology in a responsible way, integrating SAP's industry and process expertise accumulated over decades to ensure that our customers win now and win in the future."
AI built specifically for enterprises
As the new era of AI approaches, SAP sticks to its commitment to fully embed powerful AI capabilities in its solutions to help customers easily handle key business problems at work.
Customers can be confident using SAP enterprise-grade AI built in a responsible way. Recently, SAP released a series of enhancements to its enterprise-level AI solutions. A large number of innovations can help companies conduct personalized interactions with customers, improve procurement efficiency, and more efficiently discover and cultivate important talents in the workforce.
SAP also relies on its strong ecosystem to benefit customers a lot. Previously, SAP announced to further deepen its long-term cooperation with Microsoft. The two parties will integrate SAP SuccessFactors (HR cloud) solutions with Microsoft 365 Copilot, Copilot in Viva Learning, and Microsoft's Azure OpenAI Service to access powerful language models that can analyze and generate natural language. These integrations will provide new experiences and empower companies to better attract, retain and improve employee skills.
Towards a green ledger
50 years ago, SAP released its ERP software, leading the trend of change in the financial accounting field. Today, SAP has redefined the meaning of “R” (resource) in ERP and included carbon data in the category of enterprise resources.
Today, regulatory requirements for sustainable development are ever-changing and pressure from all parties is increasing. Companies need to deploy a carbon emissions accounting system to make carbon emissions data as transparent, reliable and auditable as financial data. With SAP's new green ledger initiative, companies can get actual rather than estimated carbon emissions data, and have data visibility, accuracy and reliability like managing revenue and profits to efficiently manage corporate sustainable development.
SAP has released an update to Sustainability Footprint Management, which enables companies to calculate and manage carbon emissions at the enterprise, value chain, and product levels with a single solution. In addition, SAP also released a new sustainability data exchange solution that can help companies securely exchange standardized sustainability-related data with partners and suppliers, thereby accelerating supply chain carbon reduction.
The RISE with SAP and GROW with SAP solution packages will include the SAP Green Ledger initiative.
Helping customers improve their resilience through innovation across product portfolios, platforms and ecosystems
SAP also announced many innovations in other product portfolios. Based on the successful experience of SAP Business Network, SAP released the SAP Business Network (SAP Business Network for Industry) specially built for different industries. SAP Business Network is a broad B2B collaboration platform with $4.5 trillion in annual transaction volume. SAP Business Network for Industry not only brings the advantages of a connected supply chain, but also integrates SAP's unique industry expertise to empower customers in industries such as consumer goods, high technology, industrial manufacturing, and life sciences to help them quickly improve supply chain resilience.
Various innovations launched based on the SAP business technology cloud platform can help enterprises significantly increase the speed of business process optimization and realize enterprise process automation on a large scale. Using enhancements to SAP Signavio, customers can quickly gain critical process insights in hours instead of waiting days. Updates to the SAP Integration Suite can help enterprises fully integrate SAP and non-SAP system processes deployed on-premises or in the cloud. In addition, the low-code development solution SAP Build has added event integration capabilities, which can empower business experts to automate all business processes.
In order to help customers cope with the increasingly fragmented data environment, SAP actively fulfills its commitment to open data and further expands its partnership with Google Cloud to help customers discover in-depth and actionable business insights. This comprehensive open data product enables customers to build an end-to-end data cloud, integrating data from the entire enterprise environment through SAP Datasphere and Google Cloud data cloud.
In addition, SAP will further strive to upgrade the skills of 2 million developers worldwide by 2025. The purpose of this commitment is to meet the growing demand for excellent professional developers and help enterprises keep up with the pace of technological innovation. Currently, the ecosystem's demand for SAP experts is increasing, and SAP has launched relevant new projects to continue to promote customers' business transformation in the cloud.
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