SAP and Accenture Collaborate to Transform Business Processes with SAP Business AI
SAP and Accenture have announced a collaboration to accelerate the value realization of SAP Business AI for their customers. This partnership aims to leverage generative AI to transform business processes and enhance performance and productivity. The collaboration includes SAP Business AI offerings like Joule, generative AI hub, SAP Datasphere, and SAP HANA Cloud vector engine. These tools are intended to strengthen the digital core with embedded AI capabilities and enhance business functions with AI insights.
Generative AI is recognized as a significant factor in business transformation, requiring a multi-year change agenda and continuous transformation program. The collaboration emphasizes adopting scalable AI models, a modern data foundation, and a flexible AI architecture. This approach is designed to future-proof organizations against technological evolutions.
Research indicates that 40% of C-suite leaders expect their organizations to scale generative AI enterprise-wide within 6 to 12 months. However, only 13% are extremely confident in their data strategy and digital capabilities to leverage generative AI effectively.
With over 40 years of working together, SAP and Accenture are focusing on helping clients realize value at scale in 2024 by harnessing the business potential in enterprise data with AI.
Accenture has utilized SAP Business Al to advance its own business outcomes. It has helped Accenture’s business and finance leaders reduce decision-making time by 15%, cut down financial narrative efforts by 60%, and mitigate risks with real-time financial data insights, including over 13,000 user alerts per month.
SAP and Accenture are also teaming up on SAP Signavio and SAP LeanIX solutions to provide customers with the quantitative insights needed for cloud ERP and to fully tap into the value of generative AI. The combined expertise of SAP in enterprise resource planning and Accenture in consulting and implementation ensures that customers receive comprehensive support and guidance throughout their digital transformation endeavors. This collaboration underscores the commitment of both companies to help businesses navigate the complexities of adopting new technologies and achieving their strategic objectives.
This collaboration is a strategic move to help organizations adopt generative AI and accelerate their ERP transformation in the cloud, ultimately aiming to improve business performance and employee productivity. For more detailed information, you can refer to the full articles on the SAP News Center and Accenture Newsroom.
