SINGAPORE – OCTOBER 3, 2024 – SAP today announced the expansion of its Digital innovation accelerator in Singapore.
Supported by Digital Industry Singapore (DISG)*, SAP will invest 12 million Singapore dollars in the Singapore-based Digital Innovation Accelerator, first launched in 2019. The investment will focus on developing practical applications of artificial intelligence (AI) in industry specific scenariosinitially focusing on advanced manufacturing, financial services, and travel and logistics services.
Since 2019, SAP has engaged nearly 300 million Singapore dollars to the development of commercial AI and other deep technologies in Singapore. This includes establishing The first SAP Labs in Southeast Asia in 2022, and the first in Asia innovation center for experience management (XM) in 2023.
SAP Business AI is integrated with SAP applications that power critical business processes for customers in Asia Pacific and Japan. It includes a range of AI innovations developed using deep industry-specific data and deep process knowledge, all created using responsible AI practices.
Read the following comments from SAP partners:
Accenture
“Thanks to Accenture’s broader generative AI collaborationwere take advantage our technological and industrial experience to help you organizedsations in Singapore, use SAP Business AI to address their most complex and urgent business needs and deliver real value across industries. THE SAP Digital innovation accelerator the expansion will be provide new opportunities to work with SAP to help our joint customers in the region move from pilots to production and reinvent their core business processes with AI,” said Salvatore Lo Presti, Head of SAP Business Group for Accenture in the APAC region
IBM Consulting
Over time, the biggest gains for Singapore organizedsations will come from focusing on Gen AI deployments that improve the productivity of their core business functions. This requires an ecosystem of trusted partners to help them build AI with trusted data and governance capabilities. Building on the long-standing collaboration between SAP and IBM, which today aims to drive new Gen AI capabilities using Watsonx and our Granite LLMs and industry-specific cloud solutions, we look forward to take advantage our technology and skill together strengthen the economic and commercial potential of the country,” declared Abraham Thomas, Managing Partner, IBM Consulting, ASEAN
PwC Consulting
“PwC has been part of Singapore’s digital growth journey, helping businesses of all stripes on their digital transformation journey, through our alliance with SAP. Underpinned by PwC’s unique Business, Experience, Technology (BXT) approach, we help organizations accelerate growth and sustain value through user-centric innovation. PwC has a strong focus on usage GénAI to deliver commercial value, with our teams across the firm and in our AI factory development new solutionsand find new ways to help our customers unlock a multitude of opportunities. Thanks to our long standing alliance with SAP, we are committed to driving the next phase of growth and prosperity in Singapore by helping our customers adopt GénAI in a targeted and responsible manner, which will drive business reinvention through AI and generate lasting results for our clients,” said Dave Chen, SAP Manager, PwC Consulting in South East Asia
About SAP
As a global leader in enterprise applications and enterprise AI, SAP (NYSE: SAP) sits at the intersection of business and technology. For more than 50 years, organizations have trusted SAP to bring out the best in them by bringing together critical operations spanning finance, procurement, human resources, supply chain and customer experience. For more information, visitwww.sap.com.
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