Latest news with #SAPSapphireconference
Business Insider
22-05-2025
- Business
- Business Insider
IBM Shares Lessons from Its SAP Cloud Migration at Sapphire Conference
At this year's SAP Sapphire conference in Orlando, IBM (IBM) shared its experience moving to SAP S/4HANA on IBM Power Virtual Server. Ann Funai, IBM's CIO and VP of Business Platform Transformation, explained that the shift to SAP's (SAP) cloud ERP system cut infrastructure costs by 30% since the migration was completed in July. The move also sped up contract registration, made billing and payment processes more accurate, and improved how quickly IBM handles accounts receivable, saving both time and money. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter Interestingly, IBM started the project in 2022 by moving away from several smaller and outdated ERP systems to a single standardized platform. Funai said that this clean, cloud-based setup makes IBM more flexible for future technology needs, especially with AI. She admitted that switching core systems like finance and supply chain can be scary, but said IBM's successful migration shows that it can be done. She also said that other CIOs she talks to have the same worries, and IBM's experience can help show them how to plan, test, and set up their teams in order to make the change work. As a result of the upgrade, IBM has been able to smoothly handle recent acquisitions like Red Hat, Apptio, and HashiCorp by making it easier to merge their systems. In addition, analysts such as Forrester's Akshara Naik Lopez now recognize IBM as a top SAP consulting provider. While some businesses are still unsure about using SAP's bundled cloud service, RISE, Funai believes that IBM made the right move early by saying that it has led to higher cash flow, better productivity, and freed up teams to focus on higher-value work. What Is the Target Price for IBM? Turning to Wall Street, analysts have a Moderate Buy consensus rating on IBM stock based on eight Buys, five Holds, and two Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average IBM price target of $260.62 per share implies 0.2% downside risk.
Yahoo
21-05-2025
- Business
- Yahoo
SAP retools its cloud-based ERP to ease migrations
This story was originally published on CIO Dive. To receive daily news and insights, subscribe to our free daily CIO Dive newsletter. SAP introduced five line-of-business software bundles to simplify migrations to S/4HANA cloud-based ERP, the company said Tuesday at its annual SAP Sapphire conference. The Business Suite packages are customized for finance, supply chain, human resources, procurement and customer experience. Each bundle integrates the S/4HANA ERP system with the SAP Business Data Cloud analytics platform, SAP Business AI tools and the SAP Business Technology Platform control plane, the company said in the announcement. The move marks a shift in strategy as the company moves closer to ending mainstream support for its on-premises ERP Central Component systems in 2027. 'This is a massive simplification,' Jan Gilg, chief revenue officer and president, SAP Americas and Global Business Suite, told CIO Dive. 'It's no longer the customer's job to integrate those things together anymore.' SAP's singular focus on moving its massive ECC base to S/4HANA has evolved into a multipronged effort to lure customers to the cloud. In January, the company extended business continuity support for some customers who are planning a migration to 2033. SAP partnered with Databricks to deliver the Business Data Cloud analytics platform the following month. Last year, SAP added migration credits to the RISE with SAP incentive program, armed its Joule AI assistant with agentic tools and rolled out industry-tailored integrations for manufacturing and retail businesses. To help ease cloud transitions, CEO Christian Klein pledged to provide a dedicated enterprise architect to every RISE customer in July 2024. 'For a lot of our installed-base customers, especially the large customers, it's really difficult to move core ERP in one step to a full SaaS model,' Gilg said. 'Often they have customizations from decades ago.' Incrementally untangling accumulated technical debt through smaller, line-of-business migrations is an easier lift, he added. IT services firm Kyndryl prioritized the finance function to ease an 18-month RISE with SAP migration as it decoupled its tech stack from former parent company IBM. Kyndryl has since built a RISE consulting practice around the experience. 'If you peel back the onion and you look into the finance premium package, you will see it's basically an administrative ERP,' Gilg said. 'You have core finance capabilities, operational procurement, sales order management, project management, Sales Cloud and Concur for travel and expense entitlements — everything a company that's not manufacturing anything needs to run their core processes.' As SAP rolls out the bundled offerings, it is also severing the RISE migration framework from SaaS-based ERP products. 'You cannot buy RISE anymore,' Gilg said. 'We really look at RISE as the methodology. What you buy is either the SAP Cloud ERP private package or you buy those business suite packages.' The terminology can be confusing, Gilg acknowledged. S/4HANA Private Cloud runs on public cloud infrastructure, but SAP is also helping customers with a large installed base shift from ECC to S/4HANA via a hybrid private cloud option that leads to public cloud. 'This is really a change that we have done this year, which I believe will take us some time to communicate,' Gilg said. 'We look at it as an alternative for those who either don't want to go all SaaS or cannot go all SaaS. Once customers are in an S/4HANA on-premises system, to move them to cloud is more or less a technical task.'
Malaysian Reserve
21-05-2025
- Business
- Malaysian Reserve
SAP Reimagines How Enterprises Run With Business AI
AI Innovations Aim to Boost Business Productivity by Up to 30 Percent; Partnerships with Perplexity and Palantir Bring out Customers' Best ORLANDO, Fla., May 20, 2025 /PRNewswire/ — At its annual SAP Sapphire conference, SAP SE (NYSE: SAP) unveiled innovations and partnerships that put the power of Business AI in every user's hands, revolutionizing the way work gets done. From a virtually omnipresent Joule assistant to an expanded network of Joule Agents that work across systems and lines of business, SAP heralds a new era that democratizes access to Business AI and can drive productivity gains of up to 30 percent. 'SAP combines the world's most powerful suite of business applications with uniquely rich data and the latest AI innovations to create a flywheel of customer value,' said SAP CEO Christian Klein. 'With the expansion of Joule, our partnerships with leading AI pioneers, and advancements in SAP Business Data Cloud, we're delivering on the promise of Business AI as we drive digital transformations that help customers thrive in an increasingly unpredictable world.' AI that boosts productivity SAP's generative AI assistant Joule can be everywhere you work, delivering personalized answers on everything you need to be more productive. Joule can accompany business users throughout their day, in and out of the SAP application universe, to find data, surface real-time insights and streamline workflows. Joule's new ubiquity includes an action bar powered by WalkMe that studies user behavior across applications, turning the assistant into an always-available, proactive AI that can anticipate users' needs before they arise – always adhering to SAP's strict ethical AI guidelines. A collaboration with Perplexity, an AI-powered answer engine company, enhances Joule's ability to draw on structured and unstructured data to solve complex business problems. Powered by Perplexity and the SAP Knowledge Graph, Joule now instantly answers questions with structured, visual answers – such as charts and graphs – grounded in real-time business data within SAP workflows. For example, a user could ask the tool how recent external events might impact their business and get a forecast based on both current events and the company's own business data. SAP also unveiled an expanded library of Joule Agents that reimagine business processes and workflows from the ground up. Fueled by the world's most powerful real-time business data and orchestrated by Joule, these AI agents work across systems and lines of business to anticipate, adapt and act autonomously so organizations can stay agile in a rapidly changing world. Partnering with industry leaders, SAP offers an ecosystem of interoperable agents that can execute end-to-end processes. The new agents span customer experience, supply chain management, spend management, finance, and human capital management. Finally, SAP introduced an operating system for AI development that transforms how enterprises build, deploy and scale AI solutions. AI Foundation gives developers a single entry point for building, extending and running custom AI solutions at scale, making it the first real operating system for Business AI. A new prompt optimizer, designed collaboratively with the frontier AI lab Not Diamond, also helps developers create more effective AI prompts quickly, reducing work on complex use cases from days to minutes. Data that drives smarter decisions SAP also introduced new intelligent applications in SAP Business Data Cloud, each built for a specific line of business. These applications can continuously learn, simulate outcomes and guide actions using business-critical data, detecting changes to optimize processes, anticipate needs, and collaborate with both human and artificial thinkers to drive meaningful impact. The People Intelligence application, for instance, optimizes team performance by transforming people and skills data into workforce insights and AI-driven recommendations. Additionally, Palantir and SAP are partnering to facilitate joint customers' cloud migration journey and modernization programs. Seamless connectivity between Palantir and SAP Business Data Cloud will enable customers to build a harmonized data foundation across their enterprise landscape. Together the companies will responsibly deliver essential outcomes and support customers, including the U.S. government, to quickly adapt to changes and disruptions. Applications that accelerate cloud adoption The company also announced SAP Business Suite packages, which are designed for customers to simplify the adoption of SAP cloud solutions that address their specific business challenges. SAP Build is embedded in these packages, so organizations can customize applications to meet their unique needs. Finally, SAP unveiled a new solution that helps customers transition to the cloud faster. With Joule as the entry point and drawing on insights from SAP solutions including SAP Signavio and SAP LeanIX, the solution delivers personalized guidance and actionable recommendations tailored to an organization's transformation objectives and can help deliver up to 35 percent faster time to value. Learn more in the 2025 SAP Sapphire Innovation Guide. Visit the SAP News Center. Get SAP news via LinkedIn and Bluesky. About SAPAs 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 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 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. Note to editors:To preview and download broadcast-standard stock footage and press photos digitally, please visit On this platform, you can find high resolution material for your media channels. For customers interested in learning more about SAP products: Global Customer Center: +49 180 534-34-24United States Only: 1 (800) 872-1SAP (1-800-872-1727) For more information, press only:Joellen Perry, +1 626-265-0370, ETMarcus Winkler, +49 151 5711 8691, CESTHeidi Hutchinson, +1 206-240-4080, PT SAP Press Room; press@ Please consider our privacy policy. If you received this press release in your e-mail and you wish to unsubscribe to our mailing list please contact press@ and write Unsubscribe in the subject line. Logo – View original content:
Korea Herald
20-05-2025
- Business
- Korea Herald
SAP Reimagines How Enterprises Run With Business AI
AI Innovations Aim to Boost Business Productivity by Up to 30 Percent; Partnerships with Perplexity and Palantir Bring out Customers' Best ORLANDO, Fla., May 20, 2025 /PRNewswire/ -- At its annual SAP Sapphire conference, SAP SE (NYSE: SAP) unveiled innovations and partnerships that put the power of Business AI in every user's hands, revolutionizing the way work gets done. From a virtually omnipresent Joule assistant to an expanded network of Joule Agents that work across systems and lines of business, SAP heralds a new era that democratizes access to Business AI and can drive productivity gains of up to 30 percent. "SAP combines the world's most powerful suite of business applications with uniquely rich data and the latest AI innovations to create a flywheel of customer value," said SAP CEO Christian Klein. "With the expansion of Joule, our partnerships with leading AI pioneers, and advancements in SAP Business Data Cloud, we're delivering on the promise of Business AI as we drive digital transformations that help customers thrive in an increasingly unpredictable world." AI that boosts productivity SAP's generative AI assistant Joule can be everywhere you work, delivering personalized answers on everything you need to be more productive. Joule can accompany business users throughout their day, in and out of the SAP application universe, to find data, surface real-time insights and streamline workflows. Joule's new ubiquity includes an action bar powered by WalkMe that studies user behavior across applications, turning the assistant into an always-available, proactive AI that can anticipate users' needs before they arise – always adhering to SAP's strict ethical AI guidelines. A collaboration with Perplexity, an AI-powered answer engine company, enhances Joule's ability to draw on structured and unstructured data to solve complex business problems. Powered by Perplexity and the SAP Knowledge Graph, Joule now instantly answers questions with structured, visual answers - such as charts and graphs - grounded in real-time business data within SAP workflows. For example, a user could ask the tool how recent external events might impact their business and get a forecast based on both current events and the company's own business data. SAP also unveiled an expanded library of Joule Agents that reimagine business processes and workflows from the ground up. Fueled by the world's most powerful real-time business data and orchestrated by Joule, these AI agents work across systems and lines of business to anticipate, adapt and act autonomously so organizations can stay agile in a rapidly changing world. Partnering with industry leaders, SAP offers an ecosystem of interoperable agents that can execute end-to-end processes. The new agents span customer experience, supply chain management, spend management, finance, and human capital management. Finally, SAP introduced an operating system for AI development that transforms how enterprises build, deploy and scale AI solutions. AI Foundation gives developers a single entry point for building, extending and running custom AI solutions at scale, making it the first real operating system for Business AI. A new prompt optimizer, designed collaboratively with the frontier AI lab Not Diamond, also helps developers create more effective AI prompts quickly, reducing work on complex use cases from days to minutes. Data that drives smarter decisions SAP also introduced new intelligent applications in SAP Business Data Cloud, each built for a specific line of business. These applications can continuously learn, simulate outcomes and guide actions using business-critical data, detecting changes to optimize processes, anticipate needs, and collaborate with both human and artificial thinkers to drive meaningful impact. The People Intelligence application, for instance, optimizes team performance by transforming people and skills data into workforce insights and AI-driven recommendations. Additionally, Palantir and SAP are partnering to facilitate joint customers' cloud migration journey and modernization programs. Seamless connectivity between Palantir and SAP Business Data Cloud will enable customers to build a harmonized data foundation across their enterprise landscape. Together the companies will responsibly deliver essential outcomes and support customers, including the U.S. government, to quickly adapt to changes and disruptions. Applications that accelerate cloud adoption The company also announced SAP Business Suite packages, which are designed for customers to simplify the adoption of SAP cloud solutions that address their specific business challenges. SAP Build is embedded in these packages, so organizations can customize applications to meet their unique needs. Finally, SAP unveiled a new solution that helps customers transition to the cloud faster. With Joule as the entry point and drawing on insights from SAP solutions including SAP Signavio and SAP LeanIX, the solution delivers personalized guidance and actionable recommendations tailored to an organization's transformation objectives and can help deliver up to 35 percent faster time to value. 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 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. Note to editors: To preview and download broadcast-standard stock footage and press photos digitally, please visit On this platform, you can find high resolution material for your media channels. For customers interested in learning more about SAP products: Global Customer Center: +49 180 534-34-24 United States Only: 1 (800) 872-1SAP (1-800-872-1727)
Yahoo
20-05-2025
- Business
- Yahoo
SAP Reimagines How Enterprises Run With Business AI
AI Innovations Aim to Boost Business Productivity by Up to 30 Percent; Partnerships with Perplexity and Palantir Bring out Customers' Best ORLANDO, Fla., May 20, 2025 /PRNewswire/ -- At its annual SAP Sapphire conference, SAP SE (NYSE: SAP) unveiled innovations and partnerships that put the power of Business AI in every user's hands, revolutionizing the way work gets done. From a virtually omnipresent Joule assistant to an expanded network of Joule Agents that work across systems and lines of business, SAP heralds a new era that democratizes access to Business AI and can drive productivity gains of up to 30 percent. "SAP combines the world's most powerful suite of business applications with uniquely rich data and the latest AI innovations to create a flywheel of customer value," said SAP CEO Christian Klein. "With the expansion of Joule, our partnerships with leading AI pioneers, and advancements in SAP Business Data Cloud, we're delivering on the promise of Business AI as we drive digital transformations that help customers thrive in an increasingly unpredictable world." AI that boosts productivity SAP's generative AI assistant Joule can be everywhere you work, delivering personalized answers on everything you need to be more productive. Joule can accompany business users throughout their day, in and out of the SAP application universe, to find data, surface real-time insights and streamline workflows. Joule's new ubiquity includes an action bar powered by WalkMe that studies user behavior across applications, turning the assistant into an always-available, proactive AI that can anticipate users' needs before they arise – always adhering to SAP's strict ethical AI guidelines. A collaboration with Perplexity, an AI-powered answer engine company, enhances Joule's ability to draw on structured and unstructured data to solve complex business problems. Powered by Perplexity and the SAP Knowledge Graph, Joule now instantly answers questions with structured, visual answers - such as charts and graphs - grounded in real-time business data within SAP workflows. For example, a user could ask the tool how recent external events might impact their business and get a forecast based on both current events and the company's own business data. SAP also unveiled an expanded library of Joule Agents that reimagine business processes and workflows from the ground up. Fueled by the world's most powerful real-time business data and orchestrated by Joule, these AI agents work across systems and lines of business to anticipate, adapt and act autonomously so organizations can stay agile in a rapidly changing world. Partnering with industry leaders, SAP offers an ecosystem of interoperable agents that can execute end-to-end processes. The new agents span customer experience, supply chain management, spend management, finance, and human capital management. Finally, SAP introduced an operating system for AI development that transforms how enterprises build, deploy and scale AI solutions. AI Foundation gives developers a single entry point for building, extending and running custom AI solutions at scale, making it the first real operating system for Business AI. A new prompt optimizer, designed collaboratively with the frontier AI lab Not Diamond, also helps developers create more effective AI prompts quickly, reducing work on complex use cases from days to minutes. Data that drives smarter decisions SAP also introduced new intelligent applications in SAP Business Data Cloud, each built for a specific line of business. These applications can continuously learn, simulate outcomes and guide actions using business-critical data, detecting changes to optimize processes, anticipate needs, and collaborate with both human and artificial thinkers to drive meaningful impact. The People Intelligence application, for instance, optimizes team performance by transforming people and skills data into workforce insights and AI-driven recommendations. Additionally, Palantir and SAP are partnering to facilitate joint customers' cloud migration journey and modernization programs. Seamless connectivity between Palantir and SAP Business Data Cloud will enable customers to build a harmonized data foundation across their enterprise landscape. Together the companies will responsibly deliver essential outcomes and support customers, including the U.S. government, to quickly adapt to changes and disruptions. Applications that accelerate cloud adoption The company also announced SAP Business Suite packages, which are designed for customers to simplify the adoption of SAP cloud solutions that address their specific business challenges. SAP Build is embedded in these packages, so organizations can customize applications to meet their unique needs. Finally, SAP unveiled a new solution that helps customers transition to the cloud faster. With Joule as the entry point and drawing on insights from SAP solutions including SAP Signavio and SAP LeanIX, the solution delivers personalized guidance and actionable recommendations tailored to an organization's transformation objectives and can help deliver up to 35 percent faster time to value. Learn more in the 2025 SAP Sapphire Innovation Guide. Visit the SAP News Center. Get SAP news via LinkedIn and Bluesky. About SAPAs 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 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 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. Note to editors:To preview and download broadcast-standard stock footage and press photos digitally, please visit On this platform, you can find high resolution material for your media channels. For customers interested in learning more about SAP products: Global Customer Center: +49 180 534-34-24United States Only: 1 (800) 872-1SAP (1-800-872-1727) For more information, press only:Joellen Perry, +1 626-265-0370, ETMarcus Winkler, +49 151 5711 8691, CESTHeidi Hutchinson, +1 206-240-4080, PT SAP Press Room; press@ Please consider our privacy policy. If you received this press release in your e-mail and you wish to unsubscribe to our mailing list please contact press@ and write Unsubscribe in the subject line. SOURCE SAP SE 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
