WALLDORF — SAP SE (NYSE: SAP) today announced transformative data innovations that will help customers harness the full power of their data to drive deeper insights, faster growth and more efficiency in the age of AI. New capabilities in the SAP Datasphere solution, including new generative AI capabilities, transform business planning with simplified data landscapes and more intuitive data interaction.
“Capturing data to make better decisions is a business technology imperative that becomes increasingly critical as AI – powered by quality data – revolutionizes every aspect of business,” said Juergen Mueller, SAP CTO and board member. “Our latest SAP Datasphere innovations, along with an expanded partnership with Collibra, represent a leap forward in our ability to help our customers drive intelligent business transformations through data.
At the heart of these announcements is the Business Data Fabric, an architecture that helps ensure that data is not only an asset but also the foundation of strategic initiatives. The innovations and partnership announced today enable organizations to deliver meaningful data to data consumers – with context and business logic intact.
“We decided to leverage SAP Datasphere for a modern enterprise data structure architecture in conjunction with our SAP S/4HANA environment. This allows us to effectively establish a modern data analytics platform that enables self-service capability for the business based on reliable data and data models,” said Achim Welter, Senior Director ERP , digital and IT strategy at Hershey’s.
Today’s SAP Datasphere innovations help customers achieve a unified view of data that simplifies their data landscapes while retaining context and logic, enabling them to adapt faster to market changes and make more effective decisions . From new copilot and vector database capabilities that help ensure business context remains constant in generative AI results to a new knowledge graph that helps uncover insights and patterns in data complex, SAP’s data innovations help ensure customers have the full power of their data at their fingertips.
Today’s main innovations include:
Generative AI Co-Pilot and AI Governance
SAP’s generative AI assistant, the Joule copilot, now arrives on the SAP Analytics Cloud solution to automate the creation and development of reports, dashboards, plans and much more. This automation is enabled by the Capabilities of the SAP HANA Cloud vector engine, that combine the power of large language models with relevant data from your organization, helping to ensure business context is a constant for generative AI outcomes.
Integrating generative AI across the enterprise is not possible without trusted, governed data. To provide organizations with a solution to govern AI policies, processes and practices, SAP announces a expansion of our partnership with Collibra to integrate Collibra’s AI governance with SAP data assets. This can help ensure transparency and accountability of organizations and ensure compliance with regulatory, compliance and privacy policies.
Uncover hidden insights and patterns with Knowledge Graph
With the new SAP Datasphere knowledge graph, Organizations can discover hidden insights and patterns in their applications and systems. This enables technical and business users to deeply understand the relationships between data, metadata, and business processes, as well as enhance the effectiveness of machine learning and large language models.
Unified, advanced planning and analytics
The new integration of SAP Datasphere with SAP Analytics Cloud offers a single data management system and advanced analytics to power cross-organizational planning. Planners can leverage a single flexible model to break down planning silos by using a single tool for data preparation, modeling and planning.
Additionally, business users can use the new compass SAP Analytics Cloud capability to achieve better planning and analysis results through data-driven simulation. It allows organizations to run complex simulations using a chat interface to evaluate predictive results and continuously adjust controllable variables to find the optimal plan.
This helps customers transform their planning by unifying financial, operational, supply chain and workforce planning with a native connection to SAP applications and third-party data.
To learn more, please read: Unleash the latest innovations in SAP data and analytics.
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About SAP
SAP’s strategy is to help every business operate like a smart, sustainable business. As the market leader in enterprise application software, we help businesses of all sizes and industries operate at their best: SAP customers drive 87% of total global commerce. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help transform our customers’ businesses into intelligent enterprises. SAP helps give individuals and organizations deep insight into their business and fosters collaboration that helps them stay ahead of their competitors. We simplify technology for businesses so they can use our software the way they want, without interruption. Our end-to-end suite of applications and services enables businesses and government customers in 26 industries around the world to operate profitably, continuously adapt and make a difference. With a global network of customers, partners, employees and thought leaders, SAP helps the world run better and improve people’s lives. For more information, visit www.sap.com.
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