What is The News About?
“Bring Out Your Best: SAP Business AI” was the theme of SAP’s annual flagship event, “SAP NOW Hong Kong2024“. At this event, more than 400 thought leaders from various fields came together to discuss the potential of cloud-based digital transformation and business AI. They shared their experiences optimizing operations and finding new business prospects in the AI-driven intelligent new era.”We are excited to be entering an era where artificial intelligence significantly impacts business models and the competitive landscape,” Dr. Chenhong Huang, SAP Global Executive Vice President and President of Greater China, said during the keynote event. Enterprises can achieve robust growth and remain competitive in a continuously changing market with the help of SAP Business AI, which is relevant, dependable, and responsible. We enable Hong Kong and Macau organizations to achieve flexible, globalized, and sustainable development by combining SAP’s cutting-edge business AI, cloud, and data management solutions.
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An improved “Business AI Experience Center” has been unveiled at SAP’s Hong Kong office, allowing organizations to personally sample the company’s latest offerings. Using a three-pronged strategy that begins with understanding and ends with implementation, the center helps customers and partners undergo digital transformation at their own pace and discover the limitless potential of business AI.With over 27,000 clients worldwide and 130 use cases spanning essential business processes like sales, finance, supply chain, and human resources, SAP Business AI has been a hit since its inception last year. The productivity, effectiveness, and resilience of organizations have been greatly improved by SAP through the integration of Business AI into industry-specific solutions.
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Why Is It Important?
For example, by utilizing SAP Business AI, the century-old pharmaceutical business Roche was able to cut drug development and production forecasting time from weeks to just two hours, while simultaneously boosting the accuracy of these flows by forty percent. As a result, decision-based risks have been significantly reduced and returns on R&D investments have risen substantially. Furthermore, SAP has assisted Delta Air Lines in leveraging Business AI to increase employee happiness, provide customized career paths, and accomplish accurate talent matching. Achieving their business goals and bolstering its competitiveness, the organization is seeing a 98% retention rate of high-performers and 25% of frontline personnel taking on managerial roles.
Benefits
1. SAP Business AI improves operational efficiency, exemplified by Roche cutting drug development forecasting time from weeks to two hours.
2. The initiative enhances employee satisfaction and career development, as seen with Delta Air Lines achieving a 98% retention rate of high-performers.
3. The event promotes globalized and sustainable growth, showcasing AI’s role in transforming business models and competitive landscapes.
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