German multinational software company SAP has introduced Business Data Cloud—a transformative solution designed to unify SAP and third-party data across organizations. This groundbreaking platform provides a trusted data foundation that enhances decision-making and strengthens AI-driven business insights. By integrating data from mission-critical applications with advanced data engineering and analytics capabilities, SAP Business Data Cloud sets the stage for unparalleled innovation and intelligence.
This strategic partnership between SAP and Databricks signals a new era in enterprise data management, seamlessly combining SAP’s expertise in business processes with Databricks’ powerful data engineering and AI capabilities. The solution embeds Databricks technology to optimize data engineering, machine learning, and AI workloads.
“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 groundbreaking 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.”
SAP Business Data Cloud supports the growth of a data product economy by offering fully managed SAP data products across business functions. These products span finance, procurement, supply chain, and HR, ensuring seamless access to high-quality data without costly extractions. Retaining their original business context and semantics, these data products enable instant insights. For instance, a CFO analyzing inflation’s impact on profitability can integrate real-time external data, such as the consumer price index, with financial data products like general ledger accounts or cost centers, creating a comprehensive financial overview.
Additionally, SAP Business Data Cloud will introduce new capabilities known as insight apps. These applications leverage data products and AI models connected to real-time data, providing advanced analytics and planning for key business areas, including 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.”
No comments:
Post a Comment