Wednesday 17th May, 2023
At the SAP Sapphire conference in Orlando, SAP SE unveiled sweeping innovations and collaborations that equip customers to tackle an uncertain future with confidence.
These announcements included responsible AI built into business solutions, ledger-based accounting for carbon tracking and industry-specific networks to bolster supply chain resilience. SAP is helping customers transform their business models in the cloud, put sustainability at the centre 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 SAP for the solutions they need to solve their most pressing challenges,” said Christian Klein, CEO and member of the Executive Board of SAP SE. “The innovations we’re announcing at SAP 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.”
SAP has announced a raft of advancements to SAP Business AI, including innovations that personalize customer engagement, make procurement more productive and expand organisations’ abilities to find and develop critical talent across their entire workforce.
The next step in its long-standing partnership with Microsoft was announced. The companies will collaborate on integrating SAP 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 analyse and generate natural language.
Moving Toward a Green Ledger
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.
SAP is announcing an update to the SAP Sustainability Footprint Management solution, a single solution that calculates and manages the full range of corporate, value chain and product-level emissions. SAP is also announcing the SAP Sustainability Data Exchange application, a new solution for enterprises to securely exchange standardised sustainability data with partners and suppliers so they can decarbonise supply chains faster.
Innovations Across the Portfolio, Platform and Ecosystem Shore Up Customers’ Resilience
SAP also announced a host of innovations across the rest of its portfolio. For example, drawing on the success of SAP Business Network, a comprehensive B2B collaboration platform where some US$4.5 trillion of trade is conducted annually, SAP announced SAP Business Network for Industry.
Advancements in SAP Signavio solutions mean customers get critical process insights in hours, not days. Updates to SAP Integration Suite bring together holistic processes across SAP and non-SAP systems on-premise and in the cloud. And new event integration capabilities in SAP’s low-code offering, SAP Build solutions, give business experts the power to trigger automations across all business processes.
SAP 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.