SAP and Databricks announce partnership for AI business solutions

0

Get real time updates directly on you device, subscribe now.

German software solutions provider SAP has announced a partnership with Databricks, an American software company founded by Romanian entrepreneurs Ion Stoica and Matei Zaharia, to launch solutions that help companies analyze their most important data.

The solution harmonizes data from organizations’ most critical applications with data engineering and business analytics capabilities, paving the way for next-level innovations and insights.

“SAP Business Data Cloud unleashes the full value of enterprise data for Business AI,” said SAP CEO Christian Klein. “It combines SAP’s unique expertise in mission-critical, end-to-end processes and semantically rich data with Databricks’ world-class data engineering capabilities to create a ground-breaking solution that helps organizations do more with their data than ever before.”

“Every company on the planet wants to get more value out of their data and greater returns on their AI investments,” said Ali Ghodsi, Co-founder and CEO of Databricks. “By joining forces with SAP, we’re helping organizations bring together all their data — regardless of format or where it lives — to govern, analyze and build domain-specific AI applications on the Databricks Data Intelligence Platform.”

For example, if a CFO wants to assess the impact of rising inflation on profitability, SAP Business Data Cloud integrates real-time external data such as the consumer price index with financial data products such as general ledger accounts or cost centers to create a comprehensive financial snapshot.

SAP Business Data Cloud will also offer new capabilities called insight apps that use data products and AI models connected to real-time data to deliver advanced analytics and planning across all lines of business, including core enterprise analytics, finance and human resources.

“SAP Business Data Cloud will help us unlock the value of our data and drive innovation across our business,” said Markus Hartmann, Corporate Vice President and Head of Business Technology and regions Europe, APAC and IMEA, at Henkel, a multinational chemical and consumer goods company. “Its semantically rich data products and deep Databricks integration will enhance our existing data products and empower us to model scenarios and leverage AI insights, building a sustainable future for our data ecosystems.”

SAP today also announced a powerful new agent builder capability, so customers can build and deploy their own AI agents alongside SAP’s library of ready-to-deploy Joule agents. SAP’s decades of business process expertise are built into the guided workflow so users can ground their custom agents in the most relevant data and business context.

DONATE: Support our work
In an ever changing and challenging world, the media is constantly struggling to resist. Romania Journal makes no exception. We’ve been informing you, our readers, for almost 10 years, as extensively as we can, but, as we reject any state funding and private advertising is scarce, we need your help to keep on going.
So, if you enjoy our work, you can contribute to endorse the Romania Journal team. Any amount is welcome, no strings attached. Choose to join with one of the following options:
Donate with PayPal
Donate by Bank Wire
Black Zonure SRL
UniCredit Bank. Swift: BACXROBU
RON: RO84 BACX 0000 0022 3589 1000
EURO: RO57 BACX 0000 0022 3589 1001
USD: RO30 BACX 0000 0022 3589 1002

Leave A Reply

Your email address will not be published.