Five Minute Briefing - SAP
February 28, 2024
Published in conjunction with the Independent SAP Technical User Group (formerly the International Sybase User Group), this monthly publication contains news, market research, insight for the SAP user community, as well as ISUG-TECH news and information.
News Flashes
Ikigai Labs announced its AI platform is now available on SAP Store, integrating with SAP to deliver AI-enabled data reconciliation, time series forecasting, and scenario planning across a broad range of industry and horizontal use cases. With the Ikigai platform, business users can merge disparate sources of time series data and utilize APIs or no-code AI/ML to build enterprise-wide AI apps in just a few clicks.
SAP has created a new end-to-end growth area focused on AI, overseeing the entire value chain for SAP Business AI, from product development and research through to customer implementation. The new unit will fall under the leadership of Dr. Philipp Herzig in the newly created role of chief artificial intelligence officer (CAIO). In this new role, effective January 2024, Herzig reports directly to CEO Christian Klein.
SAP announced the successful launch of SAP S/4HANA and the SAP BW/4HANA solution for Seagate Technology Holdings plc, a leading provider of mass-capacity data storage solutions. According to the companies, the solution deployments will modernize the organization's enterprise resource planning (ERP) system and benefit nearly 30,000 global employees through integrating advanced functionalities, such as enabling global manufacturing, supply chain, and finance business processes.
Syniti, a global leader in enterprise data management, announced it has acquired Proceed Group's Rightsizer software, a tool for identifying archiving opportunities and determining infrastructure sizing as organizations embark on their SAP S/4HANA transformations. The acquisition will expand and complement Syniti's current portfolio of solutions and build on the company's Data First approach to digital strategy of prioritizing data work at the start of any business transformation project.