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Alibaba Group and SAP Announce Strategic Partnership to Accelerate AI-Powered Digital Transformation - Middle East Business News and Information
Alibaba Group and SAP Announce Strategic Partnership to Accelerate AI-Powered Digital Transformation - Middle East Business News and Information

Mid East Info

time4 days ago

  • Business
  • Mid East Info

Alibaba Group and SAP Announce Strategic Partnership to Accelerate AI-Powered Digital Transformation - Middle East Business News and Information

Alibaba Group NYSE: BABA and HKEX: 9988 and SAP SE (NYSE: SAP)announced a strategic partnership to jointly accelerate enterprise innovation and digital transformation through advanced cloud and AI technologies. The partnership combines SAP ' s industry-leading enterprise software with Alibaba Cloud ' s secure, scalable cloud infrastructure and cutting-edge AI capabilities. Alibaba Cloud will be part of the latest SAP Infrastructure as a Service (IaaS) Certification Program, to fully support customers running SAP's enterprise cloud solutions. Alibaba Group will also leverage SAP Cloud ERP Private for its enterprise infrastructure as part of the collaboration. The collaboration will initially focus on the China market and rollout is planned for Southeast Asia, the Middle East and Africa to enable enterprises to implement SAP Integrated Business Planning (IBP) and embark on their RISE with SAP and GROW with SAP journeys. With Alibaba Cloud as a certified hyperscaler for SAP workloads, enterprises will also be able to deploy SAP Cloud ERP and SAP Cloud ERP Private solutions on Alibaba Cloud ' s infrastructure. The global IaaS market is projected to grow from $190.32 billion in 2025 to $712.46 billion by 2032, at a CAGR of 20.8% Infrastructure as a Service [IaaS] Market Share & Growth, 2032 with the Middle East region, according to leading consulting firms, set to account for 2–4% of the global IaaS market, which would translate to approximately $3.8 to $7.6 billion in 2025. The two companies also plan to establish a joint go-to-market approach to serve global businesses across industries with scalable and intelligent solutions tailored to local needs. Alibaba Group also plans to deploy SAP Business AI, SAP Business Technology Platform, SAP Ariba, SAP Integrated Business Planning, SAP SuccessFactors, SAP Concur, and SAP Emarsys solutions to further optimize its technological backbone, ensuring greater agility and resilience in serving its vast ecosystem of businesses and consumers. The partnership also marks a significant step forward in enterprise AI integration. SAP is exploring the integration of Alibaba ' s large language model, Qwen, to the SAP generative AI hub in SAP AI Core in China, to enable enterprise users to access localized generative AI capabilities within SAP ' s applications and Custom AI applications. SAP is also exploring the deployment of its SAP AI Foundation on Alibaba Cloud to bring powerful, scalable AI tools to customers operating in China. 'Our collaboration with SAP reinforces our commitment to empowering global businesses with world-class technologies,' said Joe Tsai, Chairman of Alibaba Group. 'By combining SAP's enterprise software with Alibaba Cloud's robust infrastructure and AI capabilities, we are enabling customers to build smarter, more agile operations.' 'Our collaboration with Alibaba Group is a testament to the power and flexibility of SAP's cloud solutions,' said Christian Klein, CEO of SAP SE. 'Our joint go-to-market strategy can unlock new opportunities for enterprises by providing them with access to a comprehensive suite of tools and services. Together, we can help our joint customers drive innovation, improve operational performance, and create new competitive advantages, and we look forward to working with Alibaba to shape the future of cloud-powered digital transformation.'

ATxEnterprise 2025 Boosts Global Participation, Reinforces Singapore's Responsible AI and Innovation Leadership
ATxEnterprise 2025 Boosts Global Participation, Reinforces Singapore's Responsible AI and Innovation Leadership

Yahoo

time4 days ago

  • Business
  • Yahoo

ATxEnterprise 2025 Boosts Global Participation, Reinforces Singapore's Responsible AI and Innovation Leadership

SINGAPORE, May 30, 2025 /PRNewswire/ -- ATxEnterprise (ATxE) 2025, Asia's leading enterprise technology event and part of the Asia Tech x Singapore (ATxSG) platform, concluded its fifth and most ambitious edition this week at Singapore EXPO. This year's edition saw a 5% increase in international participation from over 110 countries. This reflects growing recognition that AI adoption is a global imperative requiring cross-border collaboration, responsible governance, and inclusive innovation. During the three-day event, new partnerships with industry giants Alibaba Cloud, Prudential and ST Engineering were announced to give more local SMEs access to cutting-edge technologies including artificial intelligence (AI), cloud and cyber security. Announced at the opening of ATxEnterprise by Mr Tan Kiat How, Senior Minister of State for Digital Development and Information, these new collaborations, in support of the nation's Digital Enterprise Blueprint (DEB), will equip businesses to accelerate the adoption of frontier technologies and strengthen cyber resilience with advanced AI capabilities. Mr Tan also launched two new talent programmes that will provide upskilling opportunities and create specialised AI career pathways for locals. These programmes will train AI practitioners ahead of demand as Singapore ramps up on accelerating Generative AI (GenAI) adoption across the enterprise ecosystem, strengthening the nation's position as a global AI hub. Spanning across twelve dedicated stages, the event united global tech leaders, policymakers, and innovators to explore emerging technologies. From GenAI and quantum computing to satellite infrastructure and cybersecurity, the message is clear: AI is transforming every sector, and must be scaled inclusively. Innovation and Partnerships Driving the Digital FrontierFlagship conferences such as the AI Summit Singapore brought together enterprise leaders, regulators, and researchers to explore responsible tech scaling and stronger digital infrastructure, through AI integration. Notable speakers from UBS, Deel, A*STAR, DHL, Ernst & Young, Mastercard, SingHealth, Singtel, and Dyson led sessions on topics, including AI governance, sector-specific use cases, and breakthroughs in natural language processing and quantum AI. SatelliteAsia, in partnership with Singapore Space & Technology Ltd. (SSTL) and the Global Satellite Operators Association (GSOA), spotlighted the role of satellites in infrastructure, sustainability, and digital inclusion. Speakers from NASA, Kacific, Telesat, and ST Engineering iDirect discussed regional space ambitions and connectivity solutions. Recognising Impact, Shaping What's NextCapping off the week was the debut of the Enterprise Tech Awards, honouring digital transformation excellence. With 90 award submissions from 14 countries, the Awards spotlighted innovation in Healthcare, Cybersecurity, AI, Digital Solutions, GreenTech, and Government Services. Winners included NEC Asia Pacific, Starhub, Seagate, Globant, and ATxE 2025 also hosted a CISO Tech Briefing and Enterprise Tech Leaders Forum, where senior decision-makers discussed regulatory alignment, innovation, and enterprise resilience. Together, these programmes signalled ATxE's evolution from a showcase to a strategic convening ground for global leaders shaping the digital economy. This growing influence was reflected in the rise in international attendees and high-level engagement. "ATxE 2025 has set a new benchmark for enterprise innovation in Asia," said Joyce Wang, Event Director, Asia Tech x Singapore. "From breakthrough technologies to bold cross-sector partnerships, this year's edition proved that the region isn't just participating in the global tech conversation—it's leading it. It also reinforces Singapore's ability to host world-class MICE events that convene decision-makers, innovators, and global thought leaders. We're proud to provide a platform that turns ambition into action, and we look forward to delivering even greater impact in 2026." ATxE will return to the Singapore EXPO from 20 - 22 May 2026, continuing to shape the region's digital future through meaningful partnerships, actionable insights, and bold innovation. - ENDS - About Informa Festivals Informa Festivals is home to Informa's experience-led events. In five global and fast-moving markets, we inspire and celebrate business with events that deliver unique experiences, immersive activities, high-impact content, powerful connections and personal enrichment. Our leading international Tech festivals include London Tech Week, Africa Tech Fest and Asia Tech x Singapore. For more information, please visit View original content to download multimedia: SOURCE Informa Festivals

ATxEnterprise 2025 Boosts Global Participation, Reinforces Singapore's Responsible AI and Innovation Leadership
ATxEnterprise 2025 Boosts Global Participation, Reinforces Singapore's Responsible AI and Innovation Leadership

Yahoo

time4 days ago

  • Business
  • Yahoo

ATxEnterprise 2025 Boosts Global Participation, Reinforces Singapore's Responsible AI and Innovation Leadership

SINGAPORE, May 30, 2025 /PRNewswire/ -- ATxEnterprise (ATxE) 2025, Asia's leading enterprise technology event and part of the Asia Tech x Singapore (ATxSG) platform, concluded its fifth and most ambitious edition this week at Singapore EXPO. This year's edition saw a 5% increase in international participation from over 110 countries. This reflects growing recognition that AI adoption is a global imperative requiring cross-border collaboration, responsible governance, and inclusive innovation. During the three-day event, new partnerships with industry giants Alibaba Cloud, Prudential and ST Engineering were announced to give more local SMEs access to cutting-edge technologies including artificial intelligence (AI), cloud and cyber security. Announced at the opening of ATxEnterprise by Mr Tan Kiat How, Senior Minister of State for Digital Development and Information, these new collaborations, in support of the nation's Digital Enterprise Blueprint (DEB), will equip businesses to accelerate the adoption of frontier technologies and strengthen cyber resilience with advanced AI capabilities. Mr Tan also launched two new talent programmes that will provide upskilling opportunities and create specialised AI career pathways for locals. These programmes will train AI practitioners ahead of demand as Singapore ramps up on accelerating Generative AI (GenAI) adoption across the enterprise ecosystem, strengthening the nation's position as a global AI hub. Spanning across twelve dedicated stages, the event united global tech leaders, policymakers, and innovators to explore emerging technologies. From GenAI and quantum computing to satellite infrastructure and cybersecurity, the message is clear: AI is transforming every sector, and must be scaled inclusively. Innovation and Partnerships Driving the Digital FrontierFlagship conferences such as the AI Summit Singapore brought together enterprise leaders, regulators, and researchers to explore responsible tech scaling and stronger digital infrastructure, through AI integration. Notable speakers from UBS, Deel, A*STAR, DHL, Ernst & Young, Mastercard, SingHealth, Singtel, and Dyson led sessions on topics, including AI governance, sector-specific use cases, and breakthroughs in natural language processing and quantum AI. SatelliteAsia, in partnership with Singapore Space & Technology Ltd. (SSTL) and the Global Satellite Operators Association (GSOA), spotlighted the role of satellites in infrastructure, sustainability, and digital inclusion. Speakers from NASA, Kacific, Telesat, and ST Engineering iDirect discussed regional space ambitions and connectivity solutions. Recognising Impact, Shaping What's NextCapping off the week was the debut of the Enterprise Tech Awards, honouring digital transformation excellence. With 90 award submissions from 14 countries, the Awards spotlighted innovation in Healthcare, Cybersecurity, AI, Digital Solutions, GreenTech, and Government Services. Winners included NEC Asia Pacific, Starhub, Seagate, Globant, and ATxE 2025 also hosted a CISO Tech Briefing and Enterprise Tech Leaders Forum, where senior decision-makers discussed regulatory alignment, innovation, and enterprise resilience. Together, these programmes signalled ATxE's evolution from a showcase to a strategic convening ground for global leaders shaping the digital economy. This growing influence was reflected in the rise in international attendees and high-level engagement. "ATxE 2025 has set a new benchmark for enterprise innovation in Asia," said Joyce Wang, Event Director, Asia Tech x Singapore. "From breakthrough technologies to bold cross-sector partnerships, this year's edition proved that the region isn't just participating in the global tech conversation—it's leading it. It also reinforces Singapore's ability to host world-class MICE events that convene decision-makers, innovators, and global thought leaders. We're proud to provide a platform that turns ambition into action, and we look forward to delivering even greater impact in 2026." ATxE will return to the Singapore EXPO from 20 - 22 May 2026, continuing to shape the region's digital future through meaningful partnerships, actionable insights, and bold innovation. - ENDS - About Informa Festivals Informa Festivals is home to Informa's experience-led events. In five global and fast-moving markets, we inspire and celebrate business with events that deliver unique experiences, immersive activities, high-impact content, powerful connections and personal enrichment. Our leading international Tech festivals include London Tech Week, Africa Tech Fest and Asia Tech x Singapore. For more information, please visit View original content to download multimedia: SOURCE Informa Festivals

Cordoniq Winner of 2025 Globee Disruptor Awards for Enterprise AI Integration
Cordoniq Winner of 2025 Globee Disruptor Awards for Enterprise AI Integration

Business Wire

time5 days ago

  • Business
  • Business Wire

Cordoniq Winner of 2025 Globee Disruptor Awards for Enterprise AI Integration

SYRACUSE, N.Y.--(BUSINESS WIRE)-- Cordoniq, the secure, vision AI-driven platform for business processes and collaborations, announced today it is a gold winner of the 5th Annual 2025 Globee Awards for Disruptors for Enterprise AI Integration. Cordoniq was recognized for its advanced multimodal AI integration for real-time business intelligence. Cordoniq, the secure, vision AI-driven platform for business processes and collaborations, announced today it is a gold winner of the 5th Annual 2025 Globee Awards for Disruptors for Enterprise AI Integration. Share The Globee Awards leveraged a data-driven evaluation process involving over 1,000 experienced professionals and industry leaders from across the globe. This rigorous and transparent approach ensures that only the most deserving nominations are recognized. "We are humbled to be awarded gold in the Enterprise AI Integration category," said Allen Drennan, Co-Founder and CTO of Cordoniq. "This affirms our leadership position empowering businesses to process and utilize data intelligence in real-time, enabling highly responsive decision-making." Cordoniq helps businesses go to market faster with AI-branded product deployment by offering real-time conduits for multimodal AI applications. Cordoniq provides the foundation to seamlessly incorporate advanced AI tools into their daily workflows, allowing businesses to automate, analyze, and optimize collaboration at scale: Our integrations are agnostic to a variety of AI models, such as OpenAI ChatGPT, Google Gemini, Meta Llama, Alibaba Cloud's Qwen and feed input data from a variety of sources — video, audio, images, text, documents, web content and more. It inputs efficiently and bi-directionally, for highly scalable and engaging Human-AI interaction, with low latency. With our multimodal AI integration, companies can easily expand the reach of products or services with speed to market, by providing a secure, AI-driven user experience with real-time data. We provide companies and departments such as government entities, training companies, risk and compliance departments and more the ability to integrate the vision AI model generative output back into the user experience, for interactive and real-time data intelligence. About Cordoniq Cordoniq is a secure, vision AI-driven platform that empowers organizations by integrating multimodal AI into business processes and collaborations. By leveraging real-time analytics and AI-generated outputs, Cordoniq delivers interactive, cohesive live experiences that enhance user engagement and data intelligence. Cordoniq provides pre-developed frameworks to accelerate time-to-market while ensuring nimble and powerful AI integration — from training, collaboration, governance, risk and compliance sessions — as well as many other use cases. For more information, please visit or join the conversation at LinkedIn, Facebook, and X.

Cordoniq Winner of 2025 Globee Disruptor Awards for Enterprise AI Integration
Cordoniq Winner of 2025 Globee Disruptor Awards for Enterprise AI Integration

Yahoo

time5 days ago

  • Business
  • Yahoo

Cordoniq Winner of 2025 Globee Disruptor Awards for Enterprise AI Integration

Advanced multimodal AI integration for real-time business intelligence captures gold award SYRACUSE, N.Y., May 29, 2025--(BUSINESS WIRE)--Cordoniq, the secure, vision AI-driven platform for business processes and collaborations, announced today it is a gold winner of the 5th Annual 2025 Globee Awards for Disruptors for Enterprise AI Integration. Cordoniq was recognized for its advanced multimodal AI integration for real-time business intelligence. The Globee Awards leveraged a data-driven evaluation process involving over 1,000 experienced professionals and industry leaders from across the globe. This rigorous and transparent approach ensures that only the most deserving nominations are recognized. "We are humbled to be awarded gold in the Enterprise AI Integration category," said Allen Drennan, Co-Founder and CTO of Cordoniq. "This affirms our leadership position empowering businesses to process and utilize data intelligence in real-time, enabling highly responsive decision-making." Cordoniq helps businesses go to market faster with AI-branded product deployment by offering real-time conduits for multimodal AI applications. Cordoniq provides the foundation to seamlessly incorporate advanced AI tools into their daily workflows, allowing businesses to automate, analyze, and optimize collaboration at scale: Our integrations are agnostic to a variety of AI models, such as OpenAI ChatGPT, Google Gemini, Meta Llama, Alibaba Cloud's Qwen and feed input data from a variety of sources — video, audio, images, text, documents, web content and more. It inputs efficiently and bi-directionally, for highly scalable and engaging Human-AI interaction, with low latency. With our multimodal AI integration, companies can easily expand the reach of products or services with speed to market, by providing a secure, AI-driven user experience with real-time data. We provide companies and departments such as government entities, training companies, risk and compliance departments and more the ability to integrate the vision AI model generative output back into the user experience, for interactive and real-time data intelligence. About Cordoniq Cordoniq is a secure, vision AI-driven platform that empowers organizations by integrating multimodal AI into business processes and collaborations. By leveraging real-time analytics and AI-generated outputs, Cordoniq delivers interactive, cohesive live experiences that enhance user engagement and data intelligence. Cordoniq provides pre-developed frameworks to accelerate time-to-market while ensuring nimble and powerful AI integration — from training, collaboration, governance, risk and compliance sessions — as well as many other use cases. For more information, please visit or join the conversation at LinkedIn, Facebook, and X. View source version on Contacts Media contact:Brenda ChristensenStellar PR818/ Sign in to access your portfolio

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