African enterprise leaders upbeat about expertise’s rising influence on continent
JOHANNESBURG, South Africa, 07 November 2024 -/African Media Agency(AMA)/- African enterprise and expertise leaders met at present at SAP Now to debate alternatives for better adoption of expertise to energy progress and innovation.
Speaking on the occasion, Eskom chairman Mteto Nyati stated: “South Africa is slowly but surely experiencing an economic uptick, with improvements in both political and infrastructural stability. This has the potential to increase foreign direct investment and boost local economic confidence, providing the private sector, and technology leaders in particular, the opportunity to focus on transformation and development within their organisations. Now is the time to look at where your businesses need to be three to five years down the line.”
SAP Now is a worldwide sequence of occasions that brings collectively a few of the most revolutionary minds and applied sciences shaping the way forward for enterprise. The African version, held at The Forum in Johannesburg, noticed 300 enterprise leaders and specialists from Africa and Europe converge to share insights and greatest practices for leveraging expertise to drive progress and innovation on the continent.
Addressing the macroeconomic outlook for Africa, Chief Economist at Development Bank of Southern Africa Zeph Nhleko stated: “Infrastructure deficit developments provide an opportunity for economic development in Africa. Additionally, Public Private Partnerships are critical for economic growth on the continent. Private entities such as SAP with its network partners have huge responsibilities to facilitate connectivity solutions that will drive the Africa of the future.”
Impact of enterprise AI rising
Johannes Dressler, Chief Business Officer for MEA South SAP and Managing Director for Emerging Africa at SAP, stated: “Business leaders face growing complexity and increasing pressure to stay ahead of stakeholder expectations, driving demand for deeper insights into various aspects of the organisation’s performance. The power of technologies such as AI integrated to core business processes and built on trusted data is enabling greater efficiency and improved innovation capacity. Technology is transforming the way business leaders make decisions, enabling them to lead with greater foresight, precision and resilience.”
A survey of 2000 global customers discovered that 96% of corporations have an government mandate to discover or implement AI expertise. Of the respondents, 40% are implementing AI for particular use circumstances, 38% are exploring potential use circumstances, and 17% have a mandate to implement AI strategically throughout the organisation.
AI was additionally revealed to be the first differentiator amongst clients who’re evaluating methods integrators.
SAP not too long ago introduced a slew of recent improvements, together with an expanded set of use circumstances for its Joule AI copilot.
“Joule for SAP S/4HANA Public Cloud Edition enables 95% faster informational searches and 90% faster execution of navigation and transaction tasks, speeding up internal decision-making,” says Dressler. “SAP Business AI for field service agents also increases dispatcher productivity by 12.5% and reduces errors by 5%, driving improved customer satisfaction, while generative AI in SAP Product Innovation Management reduces the total cost of campaign creation by 50% and improves the quality of idea and campaign descriptions. As African organisations continue to build out their AI strategies, we expect to see immense productivity and innovation gains realised by the effective integration of data and AI into core business processes.”
Thriving companion ecosystem unlocking AI advantages
SAP NOW was held in collaboration with the Africa SAP User Group (AFSUG) and SAP ecosystem companions, with Microsoft – certainly one of SAP’s longest-standing companions – enjoying a key position on the occasion.
Kholiwe Makhohliso, Managing Director for Southern Africa at SAP, stated: “The growing adoption of AI among African enterprises and SMEs is enabling faster work, smarter insights, and better business outcomes across industries. African organisations are now laying the groundwork for a new era of human-AI collaboration that will bring unprecedented productivity and unlock new revenue streams. We look forward to working with our incredible partner ecosystem to support African organisations in their efforts at unlocking the benefits of technology for sustained innovation and growth.”
Ravi Bhat, Chief Technology & Solutions Officer for Africa at Microsoft, famous the ability of co-operation and partnership in supporting the AI and digital transformation ambitions of African enterprises. “Our organisations have enjoyed 30 years of successful, value-driven collaboration. Our joint capabilities empower organisations to run intelligent and frictionless enterprises powered by scalable cloud solutions and the growing impact of AI. Together, we hope to continue delivering an accelerated path to growth and innovation for all our customers on the African continent.”
Distributed by African Media Agency (AMA) on behalf of SAP Africa.
Visit the SAP News Center. Follow SAP on Twitter at @SAPNews.
About SAP
SAP’s technique is to assist each enterprise run as an clever, sustainable enterprise. As a market chief in enterprise software software program, we assist corporations of all sizes and in all industries run at their greatest: SAP clients generate 87% of whole world commerce.
Our machine studying, Internet of Things (IoT), and superior analytics applied sciences assist flip clients’ companies into clever enterprises. SAP helps give folks and organizations deep enterprise perception and fosters collaboration that helps them keep forward of their competitors.
We simplify expertise for corporations to allow them to devour our software program the best way they need – with out disruption. Our end-to-end suite of functions and providers permits enterprise and public clients throughout 25 industries globally to function profitably, adapt repeatedly, and make a distinction. With a worldwide community of consumers, companions, workers, and thought leaders, SAP helps the world run higher and enhance folks’s lives. For extra info, go to www.sap.com.
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Source : African Media Agency (AMA)
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