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What is Artificial Intelligence?
In simple terms, Artificial Intelligence (AI) refers to systems or solutions that can replicate human decision-making capabilities. These solutions often leverage a combination of software and hardware to mimic human capabilities like problem -solving and decision making.
AI Enabled Applications in SAP Portfolio
SAP applications leverage AI and ML algorithms extensively to either embed innovative capabilities within their solutions, help end-users perform advanced analytics with minimal technical proficiency, or allow data scientists and ML engineers to build advanced ML models and solutions. SAP HANA has been designed to be easily leveraged as a scalable ML platform. A powerful in-built tool is the Predictive Analytics Library (PAL). SAP data intelligence has a rich ML content library. Like most best-of-breed analytics tools, SAP Analytics Cloud provides users the ability to leverage advanced Machine Learning (ML) algorithms. While ML algorithms have many applications, predictive analytics remains a key one.
What is Artificial Intelligence?
In simple terms, Artificial Intelligence (AI) refers to systems or solutions that can replicate human decision-making capabilities. These solutions often leverage a combination of software and hardware to mimic human capabilities like problem -solving and decision making.
AI Enabled Applications in SAP Portfolio
SAP applications leverage AI and ML algorithms extensively to either embed innovative capabilities within their solutions, help end-users perform advanced analytics with minimal technical proficiency, or allow data scientists and ML engineers to build advanced ML models and solutions. SAP HANA has been designed to be easily leveraged as a scalable ML platform. A powerful in-built tool is the Predictive Analytics Library (PAL). SAP data intelligence has a rich ML content library. Like most best-of-breed analytics tools, SAP Analytics Cloud provides users the ability to leverage advanced Machine Learning (ML) algorithms. While ML algorithms have many applications, predictive analytics remains a key one.
On the business processes side, SAP AI offering promises to infuse transformative intelligence to all key business processes areas like lead to cash, design to operate, source to pay and recruit to retire. AI algorithms help include innovative features across all these processes.
Key Considerations for SAPinsiders
- Develop a fundamental understanding of AI algorithms: Explore what specific algorithms are available and understand where they can be leveraged. This will help you get optimal value from these tools. As an example, you should be aware that you can use clustering algorithms for customer segmentation. Here is an example of a good overview of critical algorithms used in SAP applications.
- Understand the limitations of underlying data infrastructure: Understanding aspects of the underlying database is also critical. This helps you build pragmatic models. As an example, HANA has a 2 billion rows limitation, and hence you may have to leverage partitioning of tables for data larger than that. This impacts your model development as well.
- Understand the limitations of tools available: Understanding the ML tools’ limitations is another aspect that saves you a lot of pain. For example, some PAL algorithms have limits on the number of parameters. This means you will have to pay more attention to feature selection or feature engineering while building models with these algorithms. You can find several examples of these limitations on the SAP help portal and SAP blogs.
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SAP Business AI Fundamentals: Learn & AskJun 13, 2024 — As your business grows and evolves, especially in times of rapid and dynamic regulatory and tech change, maintaining compliance can create a state of uncertainty. Compliance is increasingly real-time, always on and as much an IT challenge as it is a tax challenge. To keep up with this, your tax compliance strategy needs to evolve as well. Learn more about the best ways to stay ahead rapid regulatory changes and how you can prepare your business for the future in this session.
Are you being bombarded with AI news? Do you want to know how SAP embeds AI capabilities and unleashes the power of AI through its applications? Are you confused about where and how to start your AI journey with SAP. If your answer is ‘yes’ to any these questions, then this session is for you. In this interactive webinar you will not only hear about these key topics but will also be able to ask your own questions on this topic.
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SAP’s Global AI Head on SAP Automation in ActionApr 12, 2024 — Last year was defined by AI on the software front in enterprise technology. SAP was no exception in this regard, appointing Walter Sun as its global head of AI in the fall. For 2024, the message from Insiders is clear - a need not just for product announcements, but tangible examples of results from machine learning and GenAI.
6 minute read
Get started with GenAI HubMar 21, 2024 — Click Here to View Session Deck. The session will showcase the AI Core access service, enabling developers to interact with AI models directly, and demonstrate how developers can create and manage prompts for their AI models. Additionally, understand how to deliver advanced language model interaction patterns such as agents. Finally, walk through the process of […]
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AI is the Future on Day One of SAPinsider 2024Mar 20, 2024 — SAPinsider 2024 kicked off today with an emphasis on artificial intelligence (AI). The focus of both keynotes on day 1 was the roles that AI is playing in organizations today. Futurist Jonathan Brill opened the morning by talking about AI beyond the hype, and how people and organizations can unleash their business and personal potential through technology. Exploring the benefits of AI from a high-level perspective, Brill talked about how much the world will change over the next 20 years as AI makes an impact on the way organizations do business. But organizations must start embracing AI now if they are to be ready for that future.
The opening keynote also included a panel discussion with representatives from Thompson Reuters, Ernst and Young, and Bridgestone, who shared how their organizations are supporting their key transformation initiatives using artificial intelligence and process innovation. The panel covered what the convergence of key business processes like finance and tax means for innovation, how these can help support goals and improve operational efficiency, and how partnerships with service providers, solution partners, and SAP can help accelerate the adoption of technologies like AI and business intelligence.
To wrap up day one, SAPinsider President and Chief Research Officer Riz Ahmed hosted a panel that asked leaders from Boomi, Carrefour, Pacific Coast Companies, and SAP for their perspectives on key trends impacting SAP customers. The conversation started with Carrefour CTO Stijn Stabel talking about how Carrefour’s goal is to say that they are a data centric company, and that they are looking for new ways to do business with their data. Data is central to their strategy, and Carrefour wants to have a data supermarket that can be used by all their teams. Boomi CEO Steve Lucas agreed and said that data is the fuel on which organizations run. But Lucas also cautioned that data has a similarity to sand in that it is infinitely available, and that organizations should be cautious about dumping it all in their data lake.
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Introducing the First Generative AI Copilots Built for Enterprise ContractingMar 19, 2024 — Accelerate your contract lifecycle management with generative AI. Safely. Icertis Contract Intelligence Copilots are revolutionizing contract management by providing professionals with assistive, generative, natural language capabilities that cut through legal-ese to deliver insights, accelerate contract reviews, and more to drive your business forward. Built on the Icertis ExploreAI Service, Icertis Copilots keep your valuable contract data safe and secure.
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Transform Together: Innovation GenerationAll About Innovation See firsthand how we are revolutionizing how contracts drive business outcomes through generative AI, enterprise integrations, and other capabilities. You’ll also get deep insights into how your peers are using Icertis Contract Intelligence to maximize the value of their commercial relationships. It’s all designed to ensure you come away feeling energized to […]
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Leveraging AI in RISE with SAPMar 12, 2024 — Although it is not yet available everywhere in RISE with SAP, the SAP S/4HANA Cloud, public edition 2402 update now includes access to Joule through an early adopter program. No announcement has been made about when Joule will be available in SAP S/4HANA Cloud, private edition, although this is expected to come later in 2024. However, Joule is not the only route for leveraging generative AI in RISE with SAP. AI Foundation in the SAP Business Technology Platform (BTP) provides a toolkit that allows developers to access AI that is customizable, based on business data, and is supported by a number of different generative AI models.
In this session we will discuss the options for accessing generative AI within RISE with SAP, and how organizations can be prepared for this functionality.
1 minute read
How AI Can Be Utilized to Achieve Seamless Data Integration ExperienceFeb 26, 2024 — As time progresses, so does technological advancement. Artificial Intelligence (AI) is gradually becoming a natural actor in businesses’ lives, overtaking various types of operations and transforming legacy systems. Among those operations stands progress in a faster, easier, and more efficient way of integrating data across SAP systems. For years organizations have used a traditional way […]
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Webinar: Leveraging Generative AI to Manage and Administer Cloud Environments Feb 22, 2024 — As organizations are endeavoring to learn everything they can about this all-encompassing technology as quickly as possible, they also want to understand in what ways it can be applied to their unique environments to cut costs, improve efficiency, better plan for maintenance, resolve issues more quickly and accurately, provide customized experiences, increase security, and more.
1 minute read