SAP sees a bright future for AI

Stefan Mileschin · 29th June 2023, 08:01

Another buzz word for us to make money from

The maker of expensive management software, which no one can be sure what it does, SAP has had its eyes lighting up over generative AI, according to its CEO.

Chief Executive Officer Christian Klein told the business daily Handelsblatt he sees huge growth potential in generative AI technology,

"Currently, we at SAP address a $500 billion market. We assume that the potential will increase significantly through generative AI. The whole development is a huge growth driver for SAP," he said.

Klein mentioned human resources as an example of where the technology can be applied. "In the future, the system should be able to configure itself and automate work steps," he said.

The SAP CEO also said that generative AI can take over some administrative tasks, such as business appointment management.

SAP said in mid-May that it will deepen collaboration with Microsoft on joint generative AI projects in the field of personnel recruiting.

https://fudzilla.com/news/57160-sap-...-future-for-ai

29th June 2023, 08:01	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 153,575	SAP sees a bright future for AI Another buzz word for us to make money from The maker of expensive management software, which no one can be sure what it does, SAP has had its eyes lighting up over generative AI, according to its CEO. Chief Executive Officer Christian Klein told the business daily Handelsblatt he sees huge growth potential in generative AI technology, "Currently, we at SAP address a $500 billion market. We assume that the potential will increase significantly through generative AI. The whole development is a huge growth driver for SAP," he said. Klein mentioned human resources as an example of where the technology can be applied. "In the future, the system should be able to configure itself and automate work steps," he said. The SAP CEO also said that generative AI can take over some administrative tasks, such as business appointment management. SAP said in mid-May that it will deepen collaboration with Microsoft on joint generative AI projects in the field of personnel recruiting. https://fudzilla.com/news/57160-sap-...-future-for-ai

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
PlayStation CEO thinks VR's bright future is still years away	Stefan Mileschin	WebNews	0	30th October 2020 11:18
Google sees a future in wearable-free health monitoring	Stefan Mileschin	WebNews	0	19th August 2017 09:15
LED market in 2015 was not too bright	Stefan Mileschin	WebNews	0	1st December 2015 10:29
LG sees its future in smartphones and cars	Stefan Mileschin	WebNews	0	30th April 2015 08:11
New nanocamera spells bright future for data storage	Stefan Mileschin	WebNews	0	21st July 2014 09:24
Larry Ellison sees dark future for Apple without Jobs	Stefan Mileschin	WebNews	0	14th August 2013 10:53
Toshiba's 2012 Q3 makes $322 million net profit, sees a future in nuclear	Stefan Mileschin	WebNews	0	1st February 2013 07:33
Layar Creator sees an interactive future for print media via augmented reality	Stefan Mileschin	WebNews	0	6th June 2012 09:08
3D Blu-ray & HDTV adoption grows slowly, but the future is bright	Shogun	WebNews	0	6th September 2010 23:12
AMD sees its future in fusion	jmke	WebNews	0	18th September 2008 10:49