IBM and SAP team up to help firms modernize and use AI

(AWP Alliance News) - Armonk, New York-based technology company IBM Corp and Walldorf, Germany-based enterprise software company SAP SE on Wednesday announced a partnership to help companies update their business systems and use artificial intelligence.

The partnership combines IBM's industry expertise with SAP technologies and AI-powered consulting tools to help medium-sized and fast-growing companies move to SAP Cloud enterprise resource planning [ERP] while updating their core business systems, the announcement said.

IBM Ready for SAP Solutions is currently available in a limited number of countries and for specific industries, with plans to expand the offering to additional industries and markets globally.

The solution is already being used by the clients Volumetric Building Companies and Second Nature Brands.

Volumetric Building Companies, a modular construction company, completed a three-month transformation to SAP Cloud ERP with IBM and reduced operational cycle times by 50% across purchasing, manufacturing and inventory processes, IBM said.

Second Nature Brands, a portfolio company, used the solution to integrate its acquired Voortman Bakery business and establish a common enterprise platform across its operations, according to the statement.

In premarket trading on the New York Stock Exchange, IBM shares were 0.1% lower at USD221.18, while SAP shares were 0.3% lower at EUR188.04 each on Wednesday afternoon in Frankfurt.

source: dpa

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