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SAP Marks New Frontier: AI is the Game of the Present 

  • November 26, 2024
  • 6 minutes of reading

Artificial Intelligence (AI) is no longer a futuristic vision. Today, it is the frontier that is transforming the present and shaping the future of business, especially when combined with the power of SAP S/4HANA. Large corporations are already achieving amazing results by integrating AI into their processes, reaching new levels of efficiency, innovation and competitiveness.

The Digital Revolution in Progress

Terms like “digital revolution” often sound cliché, but for corporate giants, the practical application of AI is redefining the business game. With SAP S/4HANA, companies are not only optimizing processes, but also innovating with new operating models that previously seemed impossible.

More than 70% of the world's largest companies are already exploring the potential of AI in different sectors, proving that we are in the midst of a radical transformation.

“Integrating AI into all our products is a strategic priority. It not only automates processes but also provides deep insights and accurate predictions for our customers.”

— Luka Mucic, SAP CFO (Source: SAP Financial Update)

Industries Already Reaping the Benefits of AI

The application of AI is impacting multiple sectors, bringing measurable results and transforming operations:

  • Cloud Cost Optimization: Companies like Dropbox are using AI to reduce operational costs and dependence on cloud providers.
  • Predictive Maintenance: GE and Rolls-Royce employ AI to predict aircraft engine failures, optimizing maintenance and improving operational safety.
  • Customer Service and Virtual Assistants: Estée Lauder has developed a voice assistant to help people with visual impairments apply makeup. Virtual assistants are also increasingly present on platforms like The North Face, which uses AI to recommend personalized products.
  • Accounting Process Automation and Financial Reporting: Intuit uses AI to improve the accuracy of financial analysis by categorizing transactions and generating daily forecasts to help its customers make more informed decisions.
  • Personalization of Consumption: Platforms such as Amazon and Spotify are using AI to offer personalized recommendations, optimizing the user experience and increasing customer loyalty.

AI in Action: Real Success Stories

  1. Airbnb: Price Optimization in the Cloud The accommodation giant uses AI to dynamically adjust accommodation prices, manage capacity and develop custom tools for cost analysis. With this, Airbnb improves the management of its resources and ensures that prices remain competitive and attractive to its customers. 
  2. Netflix: Content Personalization The streaming platform implements machine learning algorithms to personalize movie and series recommendations based on user preferences. In addition, AI is used to select filming locations, optimizing not only the user experience but also the production processes. 
  3. JPMorgan Chase: Fraud Detection and Data Analysis The bank uses AI to detect fraud in real time, as well as apply AI models to analyze financial data and Federal Reserve speeches. This allows the institution to find competitive advantages and significantly improve the customer experience. 
  4. Boeing: AI for Autonomous Aircraft In partnership with Shield AI, Boeing is developing autonomous capabilities for aircraft, including the use of AI for autopilots and drones. The technology is also being applied to optimize air traffic systems, ensuring greater safety and efficiency. 
  5. Unilever: Automated Recruitment with AI Unilever uses AI to process millions of job applications annually, performing initial video analysis with body language and voice recognition. This makes the recruitment process faster and more efficient, helping the company find the best talent in a much shorter time. 

AI Applications in Different Industries

AI is present in virtually every sector of the economy, bringing significant benefits. Here are some areas where its impact is already palpable:

  • Inventory Management: Walmart uses AI to predict product demand and optimize inventory management, improving supply chain efficiency and ensuring the right products are always available at the right time.
  • Market Analysis: Banks like JPMorgan use AI to analyze complex financial market data, seeking insights that offer competitive advantages over their competitors.
  • Sustainability and Reduction of Environmental Impact: Amazon applies AI to optimize packaging and minimize waste, meeting its sustainability goals and reducing environmental impact.

The Power of SAP HANA Cloud and AI

SAP innovations, such as SAP HANA Cloud, are building the future of business by delivering real-time processing power and advanced analytics capabilities. Companies that embrace this technology are not only responding to today’s challenges, but also preparing for what’s to come.

“The SAP HANA Cloud platform is where the future is built. Its real-time processing power and analytical capabilities are preparing our customers to meet future challenges and seize real-time opportunities.”

— Adaire Fox-Martin, Member of the SAP Executive Board (Source: SAP HANA Innovation Summit)

AI as a Driver of Present and Future Innovation

Artificial intelligence is no longer a distant concept. It is transforming the present and defining the future of business operations, especially when combined with the power of SAP S/4HANA. Companies that embrace this technology not only achieve greater efficiency, but also position themselves at the forefront of global innovation.

Are you ready to take your business to the next level? AI, when combined with SAP S/4HANA, can completely transform your operations and future-proof your business. Click here to download our exclusive material and discover how MIGNOW can help implement this technological revolution in your business.

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