SAP Charts A Course For The AI-Driven Enterprise At Sapphire 2024 [Forbes]
WalkMe Ltd. - Ordinary Shares (WKME)
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Source: Forbes
At its flagship Sapphire conference held in Orlando in the first week of June, SAP presented its vision of the future of the ERP market to 12,000 customers and partners who attended in person, plus thousands more online. Throughout the event, the focus returned to the infusion of AI into SAP's products, the importance of ERP modernization and cloud migration and the innovations arising from SAP's partnerships. In many ways, it was a vibrant show, and SAP is making important moves in the right direction, as reflected by 9% growth (in constant currency) in its annual top-line revenue and favorable performance of its stock price over the past year. Cloud revenue is less than half of the company's top line—albeit still more than we would expect at this juncture—but SAP's cloud businesses have seen sustained growth. At SAP Sapphire, the company showed how it is embedding SAP Business AI throughout its solutions to improve enterprise functions including human resources management, supp
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