lang icon En
July 23, 2023, 10:34 p.m.
773

None

Brief news summary

None

According to SAP CEO Christian Klein, the benefits of incorporating generative AI into enterprise software are so significant that businesses would be willing to pay higher prices for these solutions. An example is German retailer Schwarz Group, which utilizes generative AI along with various data sets including historical business data, consumer sentiment, inflation data, and weather forecasts to enhance demand predictions at their Lidl and Kaufland stores. However, Klein highlights the importance of organizing data spread across multiple silos to fully realize these benefits.

SAP, the largest non-U. S. -based software maker specializing in aiding large and midsize businesses with complex tasks, sees itself well-positioned in the generative AI domain due to its access to vast amounts of business data. Despite relying on AI algorithms from other companies, Klein envisions generative AI driving SAP's business in three key ways. This perspective is shared by others who recognize the potential of merging generative AI and business data.


Watch video about

None

Try our premium solution and start getting clients — at no cost to you

I'm your Content Creator.
Let’s make a post or video and publish it on any social media — ready?

Language

Hot news

Dec. 18, 2025, 1:30 p.m.

Micron gives rosy sales forecast as AI spurs dema…

Bloomberg Micron Technology Inc, the largest US memory chip manufacturer, has issued an optimistic forecast for the current quarter, indicating that rising demand and supply shortages are enabling the company to charge higher prices for its products

Dec. 18, 2025, 1:29 p.m.

The News and Intelligence You Need on Luxury

Confidence in generative artificial intelligence (AI) among leading advertising professionals is reaching unprecedented levels, according to a recent Boston Consulting Group (BCG) study.

Dec. 18, 2025, 1:27 p.m.

Google DeepMind's AlphaCode Achieves Human-Level …

Google's DeepMind has recently unveiled AlphaCode, a pioneering artificial intelligence system created to write computer code at a level comparable to human programmers.

Dec. 18, 2025, 1:25 p.m.

The Future of SEO: Integrating AI for Enhanced Se…

As the digital landscape rapidly evolves, integrating artificial intelligence (AI) into search engine optimization (SEO) strategies has become essential for online success.

Dec. 18, 2025, 1:17 p.m.

The Ethical Debate Over AI-Generated Models in th…

The emergence of artificial intelligence (AI) in the fashion industry has sparked vigorous debate among critics, creators, and consumers alike.

Dec. 18, 2025, 1:13 p.m.

AI Video Summarization Tools Aid in News Content …

In today’s fast-paced world, where audiences often find it challenging to devote time to lengthy news content, journalists are increasingly adopting innovative technologies to address this issue.

Dec. 18, 2025, 9:34 a.m.

AI-Powered Video Editing Tools Revolutionize Cont…

Artificial intelligence technology is revolutionizing video content creation, mainly through the rise of AI-powered video editing tools.

All news

AI Company

Launch your AI-powered team to automate Marketing, Sales & Growth

and get clients on autopilot — from social media and search engines. No ads needed

Begin getting your first leads today