article thumbnail

SAP To Raise On-Premise Annual Support Fees After Cutting On-Prem Innovation

Forrester IT

Continuing the latest trend in price increases by major enterprise software vendors, SAP announced on July 26, 2023, that they will increase the annual support fees for SAP support agreements by roughly 5.0% (by local CPI rates, capped to 5%).

SAP 367
article thumbnail

SAP names Philipp Herzig as chief artificial intelligence officer

CIO Business Intelligence

SAP is reorganizing its AI activities. Herzig now reports directly to CEO Christian Klein, and will oversee the entire value chain for SAP business AI from research and product development through to implementation at the customer. Herzig’s team will work closely with other innovators within SAP. percent of the total workforce.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

SAP has a new succession plan

CIO Business Intelligence

The changing of the guard at the top of SAP’s supervisory board is anything but smooth. The German software company has announced that Punit Renjen, who it originally intended would become chairman of the supervisory board, is to be replaced. They have mutually decided to go their separate ways, SAP said in a statement.

SAP 128
article thumbnail

Navigating The Waters Of Enterprise Software? Keep An Eye On The Agile Vendors

Forrester IT

In the waters of enterprise software, ships like IBM, Microsoft, and SAP are well-known names. Singer and pianist Little Richard once said: “It’s not the size of the ship; it’s the size of the Waves”. Their size, breadth of coverage, brand recognition, and market influence reflect their success. As does their revenue.

article thumbnail

SAP and Nvidia expand partnership to aid customers with gen AI

CIO Business Intelligence

SAP and Nvidia announced an expanded partnership today with an eye to deliver the accelerated computing that customers need in order to adopt large language models (LLMs) and generative AI at scale. Herzig notes that SAP has a large ecosystem of partners and various LLM providers, with new LLMs popping up seemingly every day. “We

SAP 107
article thumbnail

SAP announces $2.2B restructuring program that’ll impact 8,000 jobs

CIO Business Intelligence

German tech major SAP has announced a 2 billion euro ($2.17 In 2024, SAP will further increase its focus on key strategic growth areas, in particular Business AI. Analysts believe the restructuring will help SAP find the right balance between experience and skills to grow in AI. Enterprise Applications, SAP

SAP 134
article thumbnail

SAP user group: S/4HANA usage is growing, but still in the minority

CIO Business Intelligence

The German-speaking user group for enterprise software giant SAP says that customers’ willingness to invest in the company’s S/4HANA cloud product is rising, but still lags behind flagship ERP products like ECC 6, and some customers see the need for more discussion on SAP’s prolonged move to the cloud.

SAP 115