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SAP 2024 outlook: 5 predictions for customers

CIO Business Intelligence

SAP customers have a lot to navigate in 2024. Here are five predictions about what will play out for SAP customers as the year goes on, along with follow-on effects and questions SAP customers will have to address in their wake.

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SAP prepares to add Joule generative AI copilot across its apps

CIO Business Intelligence

By year-end, users of a couple of SAP applications should have the option to ask generative AI copilot, Joule, to help with their work — and the company plans to roll the feature out across all its applications one by one in the years to come. Joule is just one of three main layers in SAP’s AI strategy, said Sandhu.

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SAP offers faster updates, longer maintenance for S/4HANA in private clouds

CIO Business Intelligence

SAP is doubling the time between major releases of S/4HANA Cloud private edition from one year to two — at the same time promising to release new feature packs every six months or so to keep up the pace of innovation. That’s just as well, as SAP is only promising mainstream support ECC through the end of 2027.

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SAP to buy LeanIX to advance process optimization with AI

CIO Business Intelligence

SAP has agreed to buy German enterprise architecture management specialist LeanIX, hoping its early adoption of AI will help with the massive task of migrating customers still using SAP’s legacy software on premises to the more modern S/4HANA in the cloud. Christ also said generative AI is key to the company’s growth.

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SAP Q2 results a mixed bag

CIO Business Intelligence

SAP announced its Q2 2022 results yesterday, reporting revenue of €7.5 SAP’s IFRS operating profit was down 32% to €673 million and its non-IFRS profit was down 13% to €1.68 In its Q2 statement, SAP said it still expects to see those losses. The Applications, Technology and Services segment was up 11% to €7.1

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IBM adopts ‘Rise with SAP’ for internal ERP cloud move

CIO Business Intelligence

IBM’s ERP transformation will be one of the largest under the “Rise with SAP” umbrella — perhaps rivaling that of Microsoft , which announced its own adoption of Rise with SAP for the first stages of its move to S/4HANA in March 2022. In February 2022, SAP named IBM as its first premium supplier for Rise.

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SAP cloud sales jump, fueling a rise in revenue

CIO Business Intelligence

Fueled by strong sales of cloud-based ERP software that more than offset a decline in revenue from on-premises applications, SAP revenue jumped in the third quarter compared to the year-earlier period, according to company’s quarterly financial report, released Tuesday. However, the company has a long way to go.

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