SAP Bets on AI to Drive Cloud Revenue Growth

SAP Bets on AI to Drive Cloud Revenue Growth

By
Kaede Yamamoto
1 min read

SAP SE is pinning its hopes for accelerated growth in cloud revenues on the rising customer interest in artificial intelligence (AI). In a bid to implement this technology across its services, the company created the position of chief AI officer, appointing Philipp Herzig in February to oversee the process with a 'strategic mandate.' This move signals the company's commitment to leveraging AI for its future business prospects.

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