Philip Herzig, CTO of SAP, predicts AI’s profound integration into business and society, enhancing efficiency and innovation. AI automates processes in manufacturing and finance, resulting in improved decision-making and fraud detection. The future promises more personalized services and human-technology collaboration. Additionally, SAP’s initiatives promote responsible AI use, with a focus on sustainability, while providing businesses with a competitive edge.
Artificial intelligence (AI) is on the verge of transforming every corner of business and society, heralded by Philip Herzig, CTO of SAP. He asserts that AI isn’t just a tool; it’s a game changer, fostering innovation, efficiency, and paving the way for fresh business models. Through automation and smarter processes, AI will revolutionize industries, particularly enhancing decision-making in manufacturing by optimizing production and minimizing downtimes.
In finance, AI significantly boosts fraud detection, solidifying the reliability of financial operations. Herzig points out that while some jobs may evolve or even fade away due to automation, new opportunities will sprout in fields like AI development and cybersecurity—emphasizing the human skills needed in this dynamic landscape of technology.
Herzig describes AI as a “virtual team member,” expediting complex tasks with unprecedented speed. Looking further ahead, he foresees an era where AI is intricately woven into all aspects of life, amplifying personalized services and emphasizing the ethical use of AI.
Additionally, Herzig believes that AI will revolutionize sustainability, streamlining carbon footprint calculations and slashing report writing time by 85%. He argues that leveraging AI for sustainability means not only efficiency but also better risk mitigation and strategic data analysis, aligning environmental goals with business performance.
To facilitate this AI integration, SAP has launched “SAP Business Data Cloud,” investing in robust data management solutions and fostering a culture of innovation. With a commitment to ethical guidelines for AI application, SAP aims to provide businesses with a competitive advantage, further solidifying its position as Europe’s leading tech company, supporting 87% of global trade.
As AI continues to weave itself into the fabric of business and society, its potential for driving efficiency, innovation, and sustainable solutions becomes clearer. Industry leaders like Philip Herzig advocate for a future shaped by ethical AI practices and human collaboration, ensuring that while technology may redefine roles, it also opens new avenues for growth. SAP’s commitment to AI integration encapsulates this forward-thinking mindset, guiding businesses toward a transformative future.
Original Source: www.yenisafak.com
