Latest news with #AIFoundation
Forbes
3 days ago
- Business
- Forbes
SAP SuccessFactors Brings More AI To HCM And HR At Sapphire 2025 Event
Dan Beck, president and chief product officer of SAP SuccessFactors, delivers an HCM breakout ... More session at Sapphire 2025. At the SAP Sapphire 2025 conference, the company announced a series of updates to its SuccessFactors suite, SAP's flagship HCM and HR platform. These updates reflect both incremental progress for specific products as well as more ambitious strategic changes in the company's approach to incorporating artificial intelligence. (Note that SAP is an advisory client of my firm, Moor Insights & Strategy.) It's important to set the stage for how some of the broader announcements at Sapphire could impact HCM. One of the more prominent ones was the launch of SAP AI Foundation, which consolidates Joule Studio, AI Hub and the SAP Knowledge Graph into a unified platform. SAP presented this move as a way to simplify AI deployment and management across its ecosystem, aiming to reduce complexity for business users and IT while accelerating the adoption of AI-driven automation in HCM/HR and other business functions. That said, a potential challenge for SAP will be effectively integrating these diverse AI components to ensure they function cohesively and avoid creating new complexities. Building on this AI strategy, SAP also introduced expanded capabilities for AI agents for HR, which are now managed through the new AI Agent Hub. This Hub is designed to allow organizations to centrally govern and monitor AI agents as they take on more sophisticated tasks, such as performance management and recruiting. Besides improving functionality, SAP intends this approach to increase transparency and accountability as automation becomes more deeply embedded in HR operations. I believe that this transparency is crucial, especially considering that recent research shows that LLMs exhibit gender bias, particularly in hiring processes. SAP also introduced People Intelligence, a new analytics offering built on SAP's Business Data Cloud. This successor to Workforce Analytics is launching for early adopters on July 23, with the aim of helping organizations gain insights in important areas such as labor mix analysis, skills cost assessment and talent supply chain evaluation. It connects various data points from multiple sources, including finance and HR, to provide contextual insights that should foster data-driven decision making. The new Performance and Goals Agent is designed to help managers and employees monitor performance and goals more effectively. Specifically, it will provide proactive notifications to managers about incomplete goals and assist employees in creating and finalizing their objectives. This could be a nice boost for these important workflows, and it's clear that fluid communication between employees and managers throughout the performance cycle is essential for driving higher engagement and productivity. Recent research from Betterworks shows that employees who perceive their performance reviews as fair and equitable are significantly more engaged (82% versus 60%) and productive (71% versus 57%) compared to those who view reviews as unfair. At Sapphire, SAP also discussed the ongoing integration of WalkMe, which it announced at last year's Sapphire conference, into its product suite. SAP intends to use WalkMe's digital adoption platform to improve both user guidance and workflow automation across SAP applications, particularly through deeper integration with the Joule AI assistant. At a more granular level, SAP announced the addition of more than 200 new features to SuccessFactors HCM, along with enhancements to cloud migration and payroll support. These updates should improve automation, accuracy and user experience, and in the bigger picture they align with the broader industry trend of incremental AI and cloud adoption in HR technology. AI is being used more widely in HR all the time, and it's certainly not going away. In this context, ensuring robust data governance and maintaining user trust will be paramount — for SAP and every other vendor in the industry — as AI handles increasing amounts of sensitive employee data and a broader range of HR tasks. Addressing potential bias in AI algorithms, along with the ethical implications of AI use in HR, will also be critical to support widespread adoption. Furthermore, SAP operates within a competitive HR technology landscape where continuous innovation and differentiation are necessary to maintain its market leadership. As SAP expands its AI agent ecosystem, it will be important for the company to clearly define and strengthen its governance posture around AI security, compliance and data oversight. Technology leaders will need this clarity so they can validate the maturity of agent interoperability protocols and ensure robust compliance, auditability and risk management as AI agents become more embedded in business operations. AI governance extends well beyond HR, and a well-defined approach from SAP will be essential for organizations to coordinate efforts across IT, security, legal and compliance teams. Empowering its extensive customer base with tailored AI solutions could be a key differentiator for SAP. The company's HR and HCM announcements at Sapphire 2025 highlight a strategy that balances the ambition of AI-driven transformation — possibly helping shape the future of HR technology — with the pragmatism of providing continuous value to existing customers by delivering steady, incremental feature enhancements. In such a rapidly evolving AI landscape, it may be time for SAP to reevaluate its semi-annual release schedule for SuccessFactors and HCM. While this cadence has traditionally provided stability and ample testing time for customers, I believe that the accelerating pace of AI innovation suggests that more frequent updates, maybe something like Oracle's quarterly release cycle, could help organizations stay current and competitive. Increasing the frequency of releases could allow SAP customers to take advantage of new AI-driven capabilities more quickly and remain aligned with industry advancements. Regardless of its cadence of software updates, I'll be watching closely to see how SAP's strategy and delivery model evolve and how effectively it enables organizations to integrate AI into their HR practices in an adaptive and minimally disruptive way.
Yahoo
08-05-2025
- Business
- Yahoo
Una Software Launches AI-Powered FP&A Innovations and Announces Additional Funding at 2025 Gartner CFO Conference
TORONTO, May 08, 2025--(BUSINESS WIRE)--Una Software, the company redefining Financial Planning & Analysis (FP&A) with AI-powered, performance-driven planning, announced today it will unveil its latest product innovations at the 2025 Gartner CFO & Finance Executive Conference, taking place May 20–21 in National Harbor, Maryland. Built by a leadership team with a track record of creating successful FP&A and financial software companies, Una combines deep domain expertise with a bold new vision for the future of planning. Designed for CFOs who need to move faster, forecast more accurately, and drive measurable results, Una's new platform enhancements mark a major leap forward in AI-driven finance leadership. Product Launch HighlightsAt the Gartner CFO Conference, Una will showcase four major advancements: AI Foundation — built-in AI libraries to perform anomaly detection, clustering, regression, predictive modeling, and natural language queries. AI Finance Assistant — conversational AI co-pilot that empowers finance teams to query forecasts, budgets, and KPIs instantly using natural language. AI-Powered Predictive Forecasting — dynamic forecasting that continuously adapts to revenue signals and operational shifts, even when data is incomplete. Enhanced Action Tracker — continual tracking and communication interface that ensures plans are executed and progress is monitored across teams. "Una gives CFOs the power to turn plans into performance," said Clayton Ramnarine, CEO of Una Software. "With real-time visibility and execution built into every step, finance leaders can lead with greater precision, speed, and impact." New Funding Fuels Innovation and ExpansionIn support of its accelerating product roadmap, Una also announced it has raised an additional $4.4 million in Seed Round funding, bringing total investment to $10 million. The round was backed by Staircase Ventures and Emerald Development Managers, two leading venture capital firms focused on next-generation enterprise software. "Una empowers CFOs to lead with greater impact—turning strategy into results in real time," said Janet Bannister, Founder and Managing Partner at Staircase Ventures. "We're proud to back a team with the vision, expertise, and execution strength to transform how finance leaders drive business performance." "In software companies, from both the investor and customer value perspectives, what matters most is the team," said Charles Collins, Partner, Emerald Development Managers LP. "Delivering a standout product that addresses unmet needs and which fully leverages AI can only come from an experienced team like Una's, whose vision and ability to execute will drive revenue and profitability for this underserved and massive market. We are honored to join Una on this valuable mission." A New Standard for Modern FP&AAccording to McKinsey and Deloitte, companies using AI in financial planning can improve forecast accuracy by up to 40% and speed decision cycles by 30%, prompting CFOs to demand tools that go beyond automating old workflows and instead drive real-time, strategic execution. Una Software was purpose-built for this new era—delivering agile planning, revenue-connected forecasting, real-time execution tracking, and embedded business intelligence in a platform that deploys quickly and starts delivering impact fast, without the heavy lift of traditional implementations. Visit Una SoftwareUna Software will be exhibiting at Booth #607 at the 2025 Gartner CFO & Finance Executive Conference. To learn more, visit About Una SoftwareUna Software is AI-powered FP&A software built for the pace of modern business. Combining agile planning, revenue-connected forecasting, embedded business intelligence, and execution accountability, Una helps Finance teams shift from reactive reporting to proactive leadership. With Una, CFOs can forecast with confidence, align teams faster, and drive measurable business results. Learn more at View source version on Contacts Media:Tony HocevarHead of Marketing, Una Software1-437-808-5362thocevar@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
08-05-2025
- Business
- Business Wire
Una Software Launches AI-Powered FP&A Innovations and Announces Additional Funding at 2025 Gartner CFO Conference
TORONTO--(BUSINESS WIRE)-- Una Software, the company redefining Financial Planning & Analysis (FP&A) with AI-powered, performance-driven planning, announced today it will unveil its latest product innovations at the 2025 Gartner CFO & Finance Executive Conference, taking place May 20–21 in National Harbor, Maryland. Built by a leadership team with a track record of creating successful FP&A and financial software companies, Una combines deep domain expertise with a bold new vision for the future of planning. Designed for CFOs who need to move faster, forecast more accurately, and drive measurable results, Una's new platform enhancements mark a major leap forward in AI-driven finance leadership. Product Launch Highlights At the Gartner CFO Conference, Una will showcase four major advancements: AI Foundation — built-in AI libraries to perform anomaly detection, clustering, regression, predictive modeling, and natural language queries. AI Finance Assistant — conversational AI co-pilot that empowers finance teams to query forecasts, budgets, and KPIs instantly using natural language. AI-Powered Predictive Forecasting — dynamic forecasting that continuously adapts to revenue signals and operational shifts, even when data is incomplete. Enhanced Action Tracker — continual tracking and communication interface that ensures plans are executed and progress is monitored across teams. "Una gives CFOs the power to turn plans into performance," said Clayton Ramnarine, CEO of Una Software. "With real-time visibility and execution built into every step, finance leaders can lead with greater precision, speed, and impact." New Funding Fuels Innovation and Expansion In support of its accelerating product roadmap, Una also announced it has raised an additional $4.4 million in Seed Round funding, bringing total investment to $10 million. The round was backed by Staircase Ventures and Emerald Development Managers, two leading venture capital firms focused on next-generation enterprise software. "Una empowers CFOs to lead with greater impact—turning strategy into results in real time," said Janet Bannister, Founder and Managing Partner at Staircase Ventures."We're proud to back a team with the vision, expertise, and execution strength to transform how finance leaders drive business performance." "In software companies, from both the investor and customer value perspectives, what matters most is the team," said Charles Collins, Partner, Emerald Development Managers LP. " Delivering a standout product that addresses unmet needs and which fully leverages AI can only come from an experienced team like Una's, whose vision and ability to execute will drive revenue and profitability for this underserved and massive market. We are honored to join Una on this valuable mission." A New Standard for Modern FP&A According to McKinsey and Deloitte, companies using AI in financial planning can improve forecast accuracy by up to 40% and speed decision cycles by 30%, prompting CFOs to demand tools that go beyond automating old workflows and instead drive real-time, strategic execution. Una Software was purpose-built for this new era—delivering agile planning, revenue-connected forecasting, real-time execution tracking, and embedded business intelligence in a platform that deploys quickly and starts delivering impact fast, without the heavy lift of traditional implementations. Visit Una Software Una Software will be exhibiting at Booth #607 at the 2025 Gartner CFO & Finance Executive Conference. To learn more, visit About Una Software Una Software is AI-powered FP&A software built for the pace of modern business. Combining agile planning, revenue-connected forecasting, embedded business intelligence, and execution accountability, Una helps Finance teams shift from reactive reporting to proactive leadership. With Una, CFOs can forecast with confidence, align teams faster, and drive measurable business results. Learn more at
Times of Oman
11-02-2025
- Business
- Times of Oman
India to host next global summit: PM Modi at Paris AI Action Summit
Paris: Indian Prime Minister Narendra Modi said on Tuesday welcomed the decision to set up the AI Foundation' and the Council for Sustainable AI, stating that he believed there was unity across all stakeholders in the field of Artificial Intelligence. 'I welcome the decision to set up the 'AI Foundation' and the 'Council for Sustainable AI'. I congratulate France and my dear friend President Macron for these initiatives and assure our full support,' PM Modi said. In his concluding address at the AI Action Summit, which he co-chaired with French President Emmanuel Macron in Paris, PM Modi said 'Today's discussions have brought out one thing - there is unity in vision and unity in purpose across stakeholders.' Stressing on the need to make the 'Global Partnership for AI' truly global in nature, PMModi said 'It should be more inclusive of the Global South and its priorities, concerns and needs. 'To build on the momentum of this Action Summit, India would be happy to host the next Summit,' Prime Minister Modi said. In a post on X, PM Modi said that the summit was a commendable effort to foster meaningful conversations around AI. 'The AI Action Summit in Paris is a commendable effort to bring together world leaders, policy makers, thinkers, innovators and youngsters to have meaningful conversations around AI.' Earlier, in his address at the AI Action Summit at the Grand Palais in Paris, Prime Minister Modi said that India is building its own Large Language Minister Modi said that the unique public-private partnership model is made available to Indian start-ups at an affordable cost. 'India is building its own large language model considering our diversity. We also have a unique public-private partnership model for pooling resources like compute power. It is made available to our startups and researchers at an affordable cost. India is ready to share its experience and expertise to ensure that AI future is for good and for all,' the Prime Minister said. 'We have unlocked the power of data through our data empowerment and protection architecture, and we have made digital commerce democratic and accessible to all. this vision is the foundation of India National AI mission,' he said. Stressing that India is at the dawn of the age of Artificial Intelligence, PM Modi said that machines can never overpower humans. 'We are at the dawn of the AI age that will shape the course of humanity. Some people worry about machines becoming superior in intelligence to humans. But no one holds the key to our collective future and shared destiny other than us humans. That sense of responsibility must guide us,' he said.
