SAP Unleashes Business Data Cloud With Smarter AI Insights: Details

Software company SAP SE SAP launched SAP Business Data Cloud, which aims to consolidate data from SAP and external sources within organizations.

This solution offers businesses a dependable data foundation, essential for making strategic decisions and advancing AI capabilities.

By combining data from key applications with sophisticated analytics and data engineering tools, it empowers organizations to drive innovation and gain actionable insights.

These products, available through SAP S/4HANA, SAP Ariba, and SAP SuccessFactors, are structured to retain their original business context, allowing users to quickly access essential data without expensive extraction procedures.

For example, SAP’s platform combines external data, such as consumer price indexes, with financial information to provide a complete overview of critical business indicators, including profitability amid inflation.

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“SAP Business Data Cloud unleashes the full value of enterprise data for Business AI,” said SAP CEO Christian Klein.

The launch of SAP Business Data Cloud signifies a major collaboration between SAP and Databricks, as the solution integrates Databricks technology for machine learning, data engineering, and AI operations.

Through this partnership, SAP seeks to create a stronger data ecosystem that supports the expansion of the data product economy, providing fully-managed SAP data products across various business functions, including finance, supply chain, and human resources.

The platform also includes advanced AI features, with SAP’s Joule AI copilot introducing new insight applications and AI agents across various business areas, such as finance and human resources.

Price Action: SAP shares are trading higher by 0.15% at $291.42 at the last check Thursday.

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