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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

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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.

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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.

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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

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Deutsche Telekom calls on SAP for Rise all-in-one offer

CIO Business Intelligence

SAP has won another convert to its Rise with SAP managed software offering. Self-service In Deutsche Telekom’s case its IT services subsidiary, T-Systems, is an SAP premium supplier for Rise and operates its own private cloud, Future Cloud Infrastructure (FCI), in which to host its parent’s applications.

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SAP unveils tools to help enterprises build their own gen AI apps

CIO Business Intelligence

SAP has unveiled new tools to build AI into business applications across its software platform, including new development tools, database functionality, AI services, and enhancements to its Business Technology Platform, BTP. That’s a big investment effort that we’re making at SAP.”

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SAP pays multi-million fine for bribery

CIO Business Intelligence

SAP is paying a total of over $220 million to settle investigations by the US Department of Justice and the US Securities and Exchange Commission (SEC) into violations of the Foreign Corrupt Practices Act (FCPA). Our order holds SAP accountable for misconduct that spanned seven jurisdictions and lasted several years,” said Charles E.

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