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Aug. 15, 2024, 1:59 a.m.
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SAP Enhances AI Integration to Support Business Efficiency

Brief news summary

SAP is partnering with appliedAI to explore AI scenarios and identify use cases for its customers. The aim is to find effective solutions that can be implemented in industrial applications and advance the adoption of artificial intelligence. appliedAI, Europe's largest initiative for trustworthy AI technology, provides comprehensive support to corporations and midsize user companies in their AI transformations. The collaboration with SAP opens up opportunities for the appliedAI partnership network to optimize business processes with AI, particularly in finance, HR, and supply chain. SAP has been expanding its AI capabilities, with more than 27,000 customers already using SAP Business AI. However, some customers have expressed skepticism about SAP's AI strategy, demanding easier access, practice-relevant use cases, and open integration, including on-premises options.

SAP is enhancing its integration of AI functions and applications to better serve its customers. However, studies show that many companies are struggling to effectively implement AI in their business operations, with 30% of generative AI projects expected to be abandoned after proof of concept due to various challenges. To address this, SAP has partnered with the appliedAI initiative, which aims to support corporations and midsize user companies in their AI transformations. The collaboration provides opportunities for the appliedAI partnership network to optimize business processes with AI, particularly in finance, HR, and supply chain.

Through this partnership, SAP and its customers can leverage AI technology to improve efficiency and gain a better understanding of AI in business processes. SAP has been expanding its AI capabilities, including the development of generative AI assistant Joule and the Generative AI Hub. The company introduced new AI functions, such as using Joule to evaluate changes in laws and assisting development teams with DevOps automation processes. SAP's challenge lies in demonstrating the concrete value of its AI functions and addressing customer concerns about access restrictions and cloud dependencies.


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