SAP Huang Chenhong: Using commercial AI to inject new growth momentum into Chinese enterprises
2024-08-15
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Reported by Cui Liyong, China Economic Herald and China Development Network
On August 14, the 2024 SAP China Summit with the theme of "Business AI: Unleashing New Productivity" was held in Shanghai. Dr. Huang Chenhong, SAP Global Executive Vice President and President of Greater China, said in his keynote speech: "New productivity advocates technological innovation to enable high-quality development of enterprises. SAP hopes to leverage its advantages in the field of digitalization and use innovative technologies such as business AI and full-line cloud solutions to inject new growth momentum into Chinese companies, open up new models of global operations, and build a new future of sustainable development."
This year, SAP announced that it will fully integrate commercial AI into cloud solutions, and the generative AI smart co-pilot Joule is gradually expanding to the entire product portfolio. Joule is expected to help SAP's 300 million users manage 80% of common tasks, improve work efficiency by 20%, and ensure higher work quality. SAP will also deepen cooperation with many top technology leaders including Microsoft, AWS, Google Cloud, NVIDIA, etc. to promote the application of generative AI at the enterprise level. In addition, SAP took the lead in responding to the 10 guiding principles of the UNESCO "Recommendation on Ethical Issues of AI" to ensure respect for human rights, promote fairness and promote sustainable development when developing and using AI technology.
At the conference, Dr. Huang Chenhong, President of SAP Greater China, also held a summit dialogue with SAP customer Fosun Group and partner NVIDIA, sparking more commercial AI innovations and bringing in-depth insights into digital transformation.
“Generative AI is driving a new industrial revolution and impacting every industry,” said Marc Hamilton, vice president of solutions architecture and engineering at NVIDIA. “NVIDIA and SAP are working together to help enterprises accelerate business success with SAP Business AI and speed development with the ABAP developer capabilities of SAP Joule Generative AI Intelligent Co-Pilot.”
Fosun Group is an innovation-driven global household consumer industry group that serves one billion household customers and adheres to the two core growth engines of science and technology innovation and global operations. Chen Qiyu, co-CEO of Fosun International, said: "Large enterprise groups are facing challenges brought about by diversified management, global competition, and innovative development. Fosun hopes to promote the implementation of the management system through further digital transformation, enhance the group's management and control and global operation capabilities, and use the new generation of AI technology to empower the entire business domain. These are all key to helping companies achieve innovative breakthroughs in management and operations."
As a new highlight of the summit, the SAP Business AI Experience Hall attracted a lot of attention. The exhibition hall fully demonstrated the infinite charm of SAP Business AI from the perspectives of technological innovation, scenario application, and industry practice, creating a vivid immersive experience for participants. The first is technological innovation: interact closely with the generative AI intelligent co-pilot Joule to experience the three core characteristics of SAP Business AI: "business relevance, reliable results, and responsible standards." The second is scenario application: unlock AI applications in five major business scenarios, and show how SAP embeds business AI into core business processes to achieve intelligent management in financial and decision-making analysis, supply chain, human resources, customer experience, and sustainable management. The third is industry practice: through interactive demonstrations such as "Ice Cream's Carbon Reduction Journey", guests can experience how SAP uses AI to help companies achieve sustainable development management.
Since the Beijing Summit, SAP Business AI, which is designed specifically for enterprises, has attracted much attention. The 2024 SAP China Summit held in Shanghai once again attracted more than a thousand SAP customers, industry experts and partners to witness the latest developments in SAP Business AI and discuss how SAP's innovative technologies can empower new Chinese enterprises, build a strong digital core, achieve high-quality development, and enhance corporate competitiveness and innovation capabilities.
Entering the AI era, building a fully data-based smart enterprise, a global collaborative enterprise, and a fully green sustainable development enterprise is the only way for Chinese enterprises to develop new quality productivity. SAP is committed to becoming a good partner for Chinese enterprises in business transformation, a golden key to globalization, and a fellow traveler for sustainable development. It continues to promote the deep integration of technological innovations such as commercial AI and the development of enterprise productivity, and promotes more Chinese enterprises to embark on the glorious road of high-quality development.
