Is artificial intelligence becoming essential for companies to survive?

The survey, conducted by SAP in Australia, France, Germany, the U.K. and the U.S., showed that executives are ready to act accordingly and that there is a growing demand for artificial intelligence-based innovation.-Six in 10 executives said they have implemented artificial intelligence or plan to do so in the next year.One-third of executives surveyed plan to make significant investments (between $500,000 and $5 million) in artificial intelligence in the next 12 months. "We aim to automate half of all ERP business processes with AI-powered capabilities in the next three years," said Bernd Leukert, member of the SAP SE Executive Board responsible for Products & Innovation. "SAP S/4HANA Cloud is the only product in the ERP market that offers companies the comprehensive intelligence they need to outperform their competitors and continue to achieve excellence."

The smartest ERP offering on the market

SAP is fundamentally optimizing its product offerings with artificial intelligence and is leading the way. Unlike other vendors that also deliver intelligent capabilities, SAP S/4HANA Cloud is the only proven intelligent ERP solution on the market today with the following benefits: Voice-based, conversational interface: SAP S/4HANA Cloud offers the first dialog-oriented user interface of the digital age for the ERP software market through the integration of the SAP CoPilot digital assistant. With the intelligent digital assistant for companies, users can work even more efficiently with their ERP software. SAP S/4HANA Cloud is therefore the world's first voice-driven ERP solution that allows customers to work with and benefit from their ERP software in a whole new way.AI-powered automation: SAP S/4HANA Cloud offers customers the most comprehensive AI-powered capabilities available in the ERP market today. With intelligent self-learning mechanisms, the cloud is changing the way tasks are done from the ground up. With the latest release of SAP S/4HANA Cloud for example, project managers are now able to use AI capabilities for project cost forecasting to avoid budget overruns and make more accurate decisions for investing resources. Forward-looking business processes: SAP S/4HANA Cloud has fundamentally changed business processes because the solution combines years of industry experience with the strengths of the latest technical innovations such as artificial intelligence and in-memory technology. Today, a retailer can intelligently match prices to demand with dynamic pricing. And a department head has the ability to access resource or job staffing predictions based on the needs and status of a specific project or job. These are just two examples of how customers can benefit from innovative business processes.

The implementation of an intelligent company

Customers like La Liga, pladis global, Royal Dutch Shell plc and Beyond Technologies will be present at the "Sapphire now" customer conference, which will take place from June 5-7, 2018. They will talk about how SAP S/4HANA Cloud is helping them on their journey to becoming an "intelligent enterprise. "We have grown rapidly in recent years. In our journey to become a global brand in the entertainment industry, we rely on the latest technologies and a complete solution to help us achieve all of our goals," said José Guerra, chief operating officer of La Liga. "We consider SAP a key solution provider in helping us achieve these goals. We are confident that this relationship will provide two key benefits to our operations: optimized business processes and faster innovation cycles."

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