SAP held its annual Spend Connect conference (previously known as SAP Ariba Live) in Vienna, Austria from October 9 to 11, where they graciously hosted the Spend Matters team to get the latest on product announcements and catch up with clients and SAP executives (you can catch the “best of” follow-up here). The event illuminated both the firm’s strategic intents and tactical efforts (e.g., GenAI). We’ll cover the announcements made at the event and publish some follow-on insights to address “under the hood” progress on integrating the firm’s app/platform portfolio and integration with customer tech stacks and the broader tech partner ecosystem (e.g., EcoVadis, Fairmarkit, Scoutbee, ZIP and others). Here are some specific highlights from the event.
SAP releases Joule GenAI for enterprise applications
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Robust growth globally for AI
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Artificial Intelligence Spending Grew 20 7% Worldwide in 2021
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