IBM and SAP Plan to Expand Collaboration to Help Clients Become Next-Generation Enterprises with Generative AI [Yahoo! Finance]
International Business Machines Corporation (IBM)
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Source: Yahoo! Finance
ARMONK, N.Y. and WALLDORF, Germany May 8, 2024 /PRNewswire/ -- IBM (NYSE: IBM ) and SAP SE (NYSE: SAP) today announced their vision for the next era of their collaboration, which includes new generative AI capabilities and industry-specific cloud solutions that can help clients unlock business value. "IBM and SAP's shared approach to generative AI, built on an open ecosystem, trust and purpose-built models, will help empower clients to optimize business outcomes," said John Granger , Senior Vice President, IBM Consulting. "Our new Value Generation partnership initiative will enable clients to accelerate the path to innovation, competitive advantage and become a next generation enterprise through generative AI." "It makes perfect sense to expand our partnership with IBM to help more customers accelerate their cloud journey leveraging RISE with SAP and realize the transformative benefits of generative AI for business in the cloud," said Scott Russell , Chief Revenue Officer & Execu
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