SAP continues to lead the way in artificial intelligence innovation for business, delivering over 100 high-value generative AI
capabilities across its cloud applications a full quarter ahead of schedule. These AI-powered features are designed to boost productivity and efficiency for organizations of all sizes.
The company estimates that businesses with 2,000 employees can see top-line improvements of up to 3.5% and bottom-line efficiencies of up to 1.4% by adopting SAP Business AI features released in just the past year. These gains apply across roles and departments, from developers to C-suite executives.
In the third quarter of 2024, SAP unveiled numerous AI enhancements across its product portfolio. SAP S/4HANA Cloud received updates including smart summaries, natural language asset depreciation explanations, and AI-assisted financial closing tools. The company’s AI copilot Joule expanded its capabilities in SAP S/4HANA Cloud Private Edition and can now detect and propose solutions for missing U.S. tax compliance configurations.
Supply chain management saw improvements with new conversational search features in several applications, allowing users to access information more efficiently. SAP Field Service Management introduced an AI-assisted activity summary, while visual inspection capabilities expanded to SAP Asset Performance Management.
On the development front, SAP Integration Suite now offers
AI-generated integration flows, enabling developers to create solutions three times faster. SAP Build Code leverages generative AI to accelerate application development by up to 30% and potentially reduce costs by the same margin.
For sustainability professionals, SAP introduced automated AI-enabled environmental, social, and governance (ESG) reporting. This feature can slash the time required to gather ESG metrics from half an hour to just 30 seconds.
SAP Signavio debuted AI-assisted process and performance indicator recommender features, providing preconfigured process models and rapid recommendations. A new AI-powered process analyzer allows users to gain insights through natural language queries, democratizing complex analysis for non-technical staff.
Looking ahead, SAP plans to surpass its original goal of delivering 100 generative AI use cases by the end of 2024. The company is focused on accelerating innovation to provide customers with AI capabilities that offer significant return on investment and improve day-to-day operations for employees.
At SAP TechEd 2024, the company announced forthcoming innovations including collaborative agents and knowledge graphs, promising to further enhance business agility and productivity. SAP emphasizes its commitment to developing AI features that are relevant, reliable, and responsible.
To stay informed about SAP Business AI developments, customers can explore the SAP Discovery Center, which features an updated AI Features Catalog and AI Estimator. The SAP Road Map Explorer provides a detailed view of upcoming product innovations, while the SAP Community page offers opportunities to connect with experts and share knowledge.
SAP’s AI advancements span various business areas, including ERP and finance, IT and platform services, sales and marketing,
industry-specific solutions, procurement, supply chain management, and sustainability. Each domain has seen significant improvements aimed at streamlining processes and enhancing decision-making.
As SAP continues to integrate AI across its suite of products, the company remains dedicated to helping businesses leverage technology to achieve greater efficiency, productivity, and innovation. With a strong focus on practical applications of AI in business contexts, SAP is positioning itself at the forefront of the enterprise AI
revolution, promising to deliver tangible benefits to organizations worldwide.