Enterprise application software firm SAP Demand for artificial intelligence (AI) is expected to boost its cloud revenue.
For this purpose, the company has created a new role. Chief AI Officer Bloomberg News noted in an interview with the executive on Thursday (March 7), Philip Herzog.
“A key part of our strategy is to be really, really fast,” Herzog said.
While SAP was a latecomer to moving clients to the cloud, it has started to see strong growth there and wants to use AI to accelerate that transition for clients, the report said. Is.
Herzog told Bloomberg that more than 24,000 SAP customers have adopted its AI solutions, with less than 1% of those clients still using on-premise systems. He added that it’s easy for cloud users to develop “out-of-the-box” AI services that don’t require retraining.
Bloomberg News reports that this approach has upset some SAP on-premise customers.
“Certainly when it comes to AI and how these models are trained, it is Those are the things that have to happen in the cloud.” Switzerland. “But the results of these models, in our view, can also be used by on-premise systems.”
Rather than developing large language models (LLMs), part of SAP’s approach involves working with it, according to the report. Major cloud providers Like backing AI startups like Google and Amazon and Anthropic.
“We chose them last year because they had really interesting technologies for different parts of the AI architecture that we would need,” Herzog said. “Sometimes people just look at them in terms of the big language model, but there’s a lot more behind it.”
SAP announced in January that it was. Restructured to include more AI Among his actions, a move that is said to affect 8,000 employees who will either be retrained or leave the company under a voluntary leave program.
Elsewhere on the AI front, PYMNTS on Thursday reviewed how technology is helping to bridge the gap between available data and actionable insights. pecan CEO and co-founder Zohar Bronfman.
“There are generally large language models. Very good at communication With humans, collecting data, and making knowledge and data accessible,” said Brofman, who spoke during a conversation with PYMNTS for the “AI Effect” series.
“These are the best technologies humanity has ever seen that help make knowledge accessible,” he added.