Latest news with #SAPBusinessSuite
Channel Post MEA
3 days ago
- Business
- Channel Post MEA
Alibaba Group To Leverage SAP Cloud ERP Private For Its Enterprise Infrastructure
SAP has entered into a strategic partnership with Alibaba Group to accelerate cloud transformation. As part of the collaboration, Alibaba Group will leverage SAP Cloud ERP Private for its enterprise infrastructure, as well as a joint go-to-market strategy aimed at delivering accelerated value for customers worldwide. Alibaba, the Chinese multinational technology company focused on e-commerce and cloud computing, will leverage SAP Business Suite for faster maintenance, smooth upgrades and easier integration of artificial intelligence (AI) capabilities into core business processes. Alibaba Group also plans to deploy SAP Business AI, SAP Business Technology Platform, and SAP Ariba, SAP Integrated Business Planning, SAP SuccessFactors, SAP Concur, and SAP Emarsys solutions to further optimize its technological backbone, enabling greater agility and resilience in serving its vast ecosystem of businesses and consumers. 'Our collaboration with SAP reinforces our commitment to empowering global businesses with world-class technologies,' Alibaba Group Chairman Joe Tsai said. 'By combining SAP's enterprise software with Alibaba Cloud's robust infrastructure and AI capabilities, we can help customers build smarter, more agile operations.' The collaboration marks the next chapter in Alibaba's and SAP's longstanding partnership focused on enhancing operational efficiency and accelerating innovation for joint customers. A core component of this strategic alliance is a joint go-to-market initiative. Under the collaboration initially focused on the China market, enterprises will be able to implement SAP Integrated Business Planning and embark on the RISE with SAP and GROW with SAP journeys. It is also planned to be rolled out in Southeast Asia, the Middle East and Africa. With Alibaba Group as a certified hyperscaler for SAP software workloads, Chinese enterprises will also be able to deploy SAP Cloud ERP and SAP Cloud ERP Private solutions, empowering them with scalable, more secure and intelligent solutions tailored to local business needs. Marking a significant step in enterprise AI integration, SAP is also exploring the integration of Alibaba's large language model, Qwen, to the generative AI hub in SAP AI Core in China to enable enterprise users to access localized generative AI capabilities within SAP software applications and Custom AI applications. In parallel, SAP is exploring the deployment of its AI Foundation on Alibaba Cloud to bring powerful, scalable AI tools to customers operating in China. Alibaba also will be part of the latest infrastructure-as-a-service certification program to support customers running SAP's enterprise solutions. 'Our collaboration with Alibaba Group is a testament to the power and flexibility of SAP's cloud solutions,' SAP CEO Christian Klein said. '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. We look forward to working with Alibaba to shape the future of cloud-powered digital transformation.' 0 0
Yahoo
21-05-2025
- Business
- Yahoo
SAP & Accenture Unveil ADVANCE to Boost Cloud-First Transformation
SAP SE SAP recently teamed up with Accenture ACN to introduce ADVANCE, a state-of-the-art offering developed jointly to help companies with annual revenues of up to $5 billion rapidly transition to the cloud. Designed as a purpose-built suite of solutions, ADVANCE empowers high-growth organizations to become more connected by leveraging preconfigured, ready-to-consume packages. These solutions are tailored by industry and function, allowing businesses to move at speed, implementing cloud transformations in as little as six to 12 has had a long-standing partnership of more than four decades with ACN. Through this recent initiative, the joined forces have created preconfigured cloud pathways targeting mid-sized enterprises and high-growth companies. ADVANCE leverages the SAP Business Suite, integrating business applications, data and artificial intelligence (AI)-driven capabilities, while tapping into Accenture's implementation and operational prowess. The outcome is a set of modular, ready-to-consume solutions that streamline finance, procurement, supply chain and workforce management ensure the success of ADVANCE, Accenture will be creating a dedicated practice staffed with SAP-certified SaaS professionals. These experts will work closely with SAP's product specialists to deliver a smooth service experience, from contracting through continuous the preconfigured packages are core to ADVANCE, the partnership also offers additional SAP Business Suite solutions and Accenture services, including change readiness, business process management, cybersecurity, AI agents and more. ADVANCE packages are streamlined, reducing system and process complexity. By incorporating preconfigured industry processes and best practices, companies can quickly enhance workflows and lower operational costs. ADVANCE brings robust encryption, access controls and centralized data management to ensure that companies maintain high standards of data integrity and regulatory compliance, while winning the trust of stakeholders and customers.A key aspect of ADVANCE is its emphasis on speed and agility. The offering includes industry-tailored accelerators, helping clients achieve tangible business outcomes within a few months of implementation. With transparent pricing and right-sized solutions, companies can manage their budgets efficiently while seeing a rapid return on markets and customer demands continuously evolve, businesses need to adapt in real time. By integrating AI agents, predictive analytics and real-time data processing, ADVANCE helps companies stay agile and constantly innovate. This next-gen solution empowers better decision-making, supports proactive customer engagement and enables businesses to quickly respond to changes. SAP is gaining healthy traction in the cloud business, especially the Cloud ERP Suite and the rising adoption of its Rise with SAP and Grow with SAP solutions. In the last reported quarter, cloud revenues were €4.99 billion, up 27% year over year, powered by a solid 34% growth in Cloud ERP Suite revenues, reaching €4.25 billion. The suite accounted for 85% of total cloud revenues, highlighting its growing significance as a core driver of the company's overall cloud growing focus on Business AI, which is poised to play a pivotal role in driving revenue growth through 2027, bodes well. SAP will offer flexible licensing options that let customers seamlessly upgrade and transition to its latest cloud solutions across the entire SAP business suite, eliminating the burden of extra negotiations. Going forward, it plans to expand Wise with SAP, including the full business transformation toolkits like Linac, Signavio and Walkman. Despite global uncertainty, SAP has reaffirmed its growth outlook and remains confident in its trajectory. For the year, management continues to anticipate cloud revenues in the range of €21.6-€21.9 billion, suggesting an increase of 26-28% at cc on a year-over-year basis from €17.14 billion at cc in 2024. Cloud and software revenues are expected in the band of €33.1-€33.6 billion, with an increase of 11-13% at cc on a year-over-year basis from €29.83 billion at cc in 2024. SAP currently carries a Zacks Rank #3 (Hold). Shares of the company have soared 54.3% in the past year compared with the industry's growth of 9.6%. Image Source: Zacks Investment Research Some better-ranked stocks from the broader technology space are Juniper Networks, Inc. JNPR and InterDigital, Inc. IDCC. JNPR presently sports a Zacks Rank #1(Strong Buy), while IDCC carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks is leveraging the 400-gig cycle to capture hyperscale switching opportunities inside the data center. The company is set to capitalize on the increasing demand for data center virtualization, cloud computing and mobile traffic packet/optical convergence. Juniper also introduced new features within the AI-driven enterprise portfolio that enable customers to simplify the rollout of their campus wired and wireless networks while bringing greater insight to network operators. In the last reported quarter, it delivered an earnings surprise of 4.88%.IDCC is a pioneer in advanced mobile technologies that enable wireless communications and capabilities. The company engages in designing and developing a wide range of advanced technology solutions, which are used in digital cellular as well as wireless 3G, 4G and IEEE 802-related products and networks. It has a long-term growth expectation of 15%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Accenture PLC (ACN) : Free Stock Analysis Report Juniper Networks, Inc. (JNPR) : Free Stock Analysis Report SAP SE (SAP) : Free Stock Analysis Report InterDigital, Inc. (IDCC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 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
Yahoo
20-05-2025
- Business
- Yahoo
Accenture and SAP Join Forces to Help Companies Enable Connected Intelligence Across the Enterprise to Drive Speed and Agility in the AI Era
SAP Business Suite enables industry-leading enterprise functions and connected intelligence with AI-driven insights Packaged service offerings from Accenture are right sized for speed and ease to help customers quickly grow and secure their businesses NEW YORK & ORLANDO, Fla., May 20, 2025--(BUSINESS WIRE)--Through a strategic expansion of their longstanding partnership, Accenture (NYSE: ACN) and SAP SE (NYSE: SAP) have launched ADVANCE. For the first time, the two companies have worked together to create a pathway to the cloud for organizations pursuing high growth with annual revenue of up to US$5 billion to help create more connected, intelligent and responsive enterprises. Drawing on more than four decades of learnings from working with the world's largest organizations, Accenture and SAP are applying their expertise and breakthrough innovations to help fast-track business transformation with streamlined finance, procurement, supply chain and workforce management, delivered through preconfigured services. The ADVANCE offerings leverage the power of SAP Business Suite—which brings together business applications, data and AI capabilities—combined with Accenture's industry, innovation, implementation, delivery and operations expertise to provide connected experiences across the enterprise while building resilience and enabling sustainable, top-line growth. Available in ready-to-consume, right-sized packages, the solutions leverage AI to help companies modernize faster, in as few as six to twelve months, while providing contextual data insights and achieving predictable outcomes. Tailored by industry and function, they provide a smooth service experience, from contracting to continuous innovation. "This expansion of our longstanding partnership with SAP will tailor leading technologies, industry insights and innovation to meet the specific demands of high-growth companies to help them reinvent, thrive and grow," said Julie Sweet, chair and CEO, Accenture. "By bringing together the very best of Accenture and SAP, ADVANCE can help growing companies gain the speed, agility and resilience they need to meet the challenges and seize the opportunities of today's dynamic business environment." "To drive real transformation, companies need technology and services that help them move faster, operate more efficiently and scale with confidence," said Christian Klein, CEO of SAP SE. "ADVANCE brings the full strength of SAP Business Suite with Accenture's business transformation services to a new generation of businesses, helping them grow quickly and respond with agility to new opportunities and challenges." To support the unique needs of this customer segment, Accenture will invest in a dedicated practice of go-to-market and SAP-certified SaaS professionals, who will collaborate closely with SAP product specialists to deliver these packages. The purpose-built packages are focused on the following principles: Simple: Streamlined systems and process complexity. Preconfigured industry processes and best practices improve workflows and lower costs. Secure: Reliable and secure business operations with strong encryption, access controls and centralized data management to help improve integrity and compliance. Fast: Right-sized solutions with transparent pricing can be implemented quickly, achieving business outcomes in months. Industry-tailored accelerators speed time to value and measurable business outcomes, from simplifying financial complexities to supply chain planning. Future-ready: Respond to changing market conditions faster, while leveraging continuous innovations, including AI agents. Enhance decision-making with data and AI for better customer experience and resilience. Additional SAP Business Suite offerings and Accenture services are also available, including change readiness, business process management, cybersecurity, AI agents and more. About Accenture Accenture is a leading global professional services company that helps the world's leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 801,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world's leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at About SAP As a global leader in enterprise applications and business AI, SAP (NYSE: SAP) stands at the nexus of business and technology. For over 50 years, organizations have trusted SAP to bring out their best by uniting business-critical operations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit Copyright © 2025 Accenture. All rights reserved. Accenture and its logo are registered trademarks of Accenture. This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP's 2024 Annual Report on Form 20-F. © 2025 SAP SE. All rights reserved. SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see for additional trademark information and notices. View source version on Contacts Hannah UnkeferAccenture+1 206 839 Denise BerardAccenture+1 617 488 Julie SchneiderSAP+1 650 687 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
20-05-2025
- Business
- Business Wire
Accenture and SAP Join Forces to Help Companies Enable Connected Intelligence Across the Enterprise to Drive Speed and Agility in the AI Era
NEW YORK & ORLANDO, Fla.--(BUSINESS WIRE)--Through a strategic expansion of their longstanding partnership, Accenture (NYSE: ACN) and SAP SE (NYSE: SAP) have launched ADVANCE. For the first time, the two companies have worked together to create a pathway to the cloud for organizations pursuing high growth with annual revenue of up to US$5 billion to help create more connected, intelligent and responsive enterprises. Drawing on more than four decades of learnings from working with the world's largest organizations, Accenture and SAP are applying their expertise and breakthrough innovations to help fast-track business transformation with streamlined finance, procurement, supply chain and workforce management, delivered through preconfigured services. The ADVANCE offerings leverage the power of SAP Business Suite —which brings together business applications, data and AI capabilities—combined with Accenture's industry, innovation, implementation, delivery and operations expertise to provide connected experiences across the enterprise while building resilience and enabling sustainable, top-line growth. Available in ready-to-consume, right-sized packages, the solutions leverage AI to help companies modernize faster, in as few as six to twelve months, while providing contextual data insights and achieving predictable outcomes. Tailored by industry and function, they provide a smooth service experience, from contracting to continuous innovation. 'This expansion of our longstanding partnership with SAP will tailor leading technologies, industry insights and innovation to meet the specific demands of high-growth companies to help them reinvent, thrive and grow,' said Julie Sweet, chair and CEO, Accenture. 'By bringing together the very best of Accenture and SAP, ADVANCE can help growing companies gain the speed, agility and resilience they need to meet the challenges and seize the opportunities of today's dynamic business environment.' 'To drive real transformation, companies need technology and services that help them move faster, operate more efficiently and scale with confidence,' said Christian Klein, CEO of SAP SE. 'ADVANCE brings the full strength of SAP Business Suite with Accenture's business transformation services to a new generation of businesses, helping them grow quickly and respond with agility to new opportunities and challenges.' To support the unique needs of this customer segment, Accenture will invest in a dedicated practice of go-to-market and SAP-certified SaaS professionals, who will collaborate closely with SAP product specialists to deliver these packages. The purpose-built packages are focused on the following principles: Simple: Streamlined systems and process complexity. Preconfigured industry processes and best practices improve workflows and lower costs. Secure: Reliable and secure business operations with strong encryption, access controls and centralized data management to help improve integrity and compliance. Fast: Right-sized solutions with transparent pricing can be implemented quickly, achieving business outcomes in months. Industry-tailored accelerators speed time to value and measurable business outcomes, from simplifying financial complexities to supply chain planning. Future-ready: Respond to changing market conditions faster, while leveraging continuous innovations, including AI agents. Enhance decision-making with data and AI for better customer experience and resilience. Additional SAP Business Suite offerings and Accenture services are also available, including change readiness, business process management, cybersecurity, AI agents and more. About Accenture Accenture is a leading global professional services company that helps the world's leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 801,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world's leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at About SAP As a global leader in enterprise applications and business AI, SAP (NYSE: SAP) stands at the nexus of business and technology. For over 50 years, organizations have trusted SAP to bring out their best by uniting business-critical operations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit Copyright © 2025 Accenture. All rights reserved. Accenture and its logo are registered trademarks of Accenture. This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP's 2024 Annual Report on Form 20-F. © 2025 SAP SE. All rights reserved. for additional trademark information and notices.
