Tag: Enterprise Software

SAP, one of the world's leading software providers, reported strong quarterly earnings this Friday, driven by strong growth in its cloud offerings. However, SAP downgraded its outlook for the year due to the divestment of its Qualtrics unit, but promised to keep maintain the same number of employees. To bolster its product line, the tech behemoth is incorporating the cutting-edge AI technologies of ChatGPT into its services, in a bid to increase revenue.

. SAP, one of the leading software makers, reported better-than-expected first quarter revenue growth despite the anticipated economic slump. The company attributes the growth to its cloud business, cost-cutting and AI use cases such as OpenAI's chatbot ChatGPT. SAP is led by Christian Klein, who has successfully steered the company in difficult times. The company's plans for improving its products and increasing customer safety are promising.

SAP, a leading software and cloud computing company, reported Friday on better-than-expected first quarter revenue, largely driven by its cloud business. It also unveiled plans to embed AI technology ChatGPT, created by Open AI, into its products, starting next month. SAP has a panel to oversee the potential misuse of this tech. Its forecasted 2021 revenue is lower due to the Qualtrics unit's divestment.

SAP, a leading business software provider, reported better-than-expected first quarter revenue with the growth of its cloud business; backed by embedded AI technologies like ChatGPT and an internal committee to prevent AI bias. Christian Klein, CEO of SAP, promises their AI use cases availability next month. Despite the tough economic situation, SAP keeps moving forward.

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