How does Google Cloud & SAP partnership impact procurement?
The announcement at Google Cloud Next means the two companies will combine their integrated open data cloud using the SAP Datasphere solution with Vertex AI to launch new generative AI-powered industry solutions.
The partnership will begin in the automotive sector, and help customers improve and achieve greater sustainable performance.
What does the partnership mean for procurement?
By integrating generative AI into SAP software and Google Cloud’s open data cloud, customers will have the chance to use powerful new solutions that filter information from SAP Datasphere and from virtually any other data source to significantly improve business insights, analysis, and decision-making.
SAP and Google Cloud will launch new solutions that use Google Cloud’s generative AI models via Vertex AI and data from Catena-X, the open data ecosystem supported by SAP software for the automotive industry. With Catena-X, automotive companies can securely exchange data about their entire value chains to increase operational performance, enhance customer experiences and accelerate innovation.
AI-powered alerts through the supply chain
Businesses will also be able to create bespoke sustainability reports, automate AI-powered sustainability alerts throughout their supply chain and enhance decision-making with deeper analyses on environmental impact and financial benefits.
“Our partnership with Google Cloud is quickly evolving to incorporate generative AI. For this purpose, we utilise our expansive joint data cloud to transform business decision-making and improve productivity, leveraging the potential of SAP Datasphere built on SAP Business Technology Platform,” said Juergen Mueller, Chief Technology Officer and member of the Executive Board of SAP SE. “With SAP Business AI offerings, we build systems of intelligence with three core principles: they are relevant, reliable and responsible. Customers will not only benefit from AI already embedded across our business solutions, but also from a unified, open data foundation and additional AI capabilities from Google Cloud.”
“Google Cloud and SAP will provide joint customers with generative AI capabilities that have a tangible impact on day-to-day work and create real-world value for their businesses,” said Kevin Ichhpurani, Corporate Vice President of Global Partner Ecosystem & Channels, Google Cloud. “Through our open data and AI partnership with SAP, we will apply generative AI to enable customers to get significantly more value from information stored on SAP systems and third-party data sets, helping companies operate more safely and enterprises run more sustainably.”
*************************************************
For more insights into Procurement & Supply Chain - check out the latest edition of Procurement Magazine and be sure to follow us on LinkedIn & Twitter
Other magazines that may be of interest - Supply Chain Magazine | Sustainability Magazine
Please also check out our upcoming event - Procurement & Supply Chain LIVE in London at the BDC on Sept 26/27th 2023
*********************************************
BizClik is a global provider of B2B digital media platforms that cover 'Executive Communities' for CEOs, CFOs, CMOs, Sustainability Leaders, Procurement & Supply Chain Leaders, Technology & AI Leaders, Cyber Leaders, FinTech & InsurTech Leaders as well as covering industries such as Manufacturing, Mining, Energy, EV, Construction, Healthcare + Food & Drink.
BizClik, based in London, Dubai & New York offers services such as Content Creation, Advertising & Sponsorship Solutions, Webinars & Events.
