SAP Urges Businesses to Embrace AI for Future Success

UPDATE: SAP has just announced a powerful message for businesses at its SAP Now AI Tour event in London: investing in AI is crucial for future success. With the technology landscape rapidly evolving, the urgency for companies to adapt is more pressing than ever.

At the forefront of these discussions, Leila Romane, Managing Director of SAP UK & Ireland, emphasized the importance of leveraging AI tools to transform business processes. “Our role is about bringing the right people the right solutions and innovation to bring meaningful business outcomes,” she stated. This call to action comes amid growing concerns about the risks associated with AI integration.

The event revealed significant insights from SAP’s latest research, predicting that UK businesses will invest an average of £15.94 million in AI by 2025. Furthermore, these investments are set to surge by an impressive 40% over the next two years, as 95% of companies recognize AI as a driver of innovation.

SAP highlighted that the expectation for quick returns is high, with 78% of UK executives believing AI spending will yield positive results within one to three years. Additionally, over half (52%) of these executives anticipate that AI will deliver returns faster than other technologies.

In a world characterized by constant disruption, Manos Raptopoulos, Global President for Europe, APAC, Middle East & Africa, reminded attendees that agility and transformation are essential. “Everybody we talk with talks about transformation in this era of constant disruption. Customers want tangible business outcomes,” he noted.

Despite the strong interest and investment in AI, SAP cautioned that too many businesses treat AI as merely a technology project rather than a holistic business transformation initiative. Romane pointed out that “the real opportunity is to use AI to reimagine how companies operate, how people work, and how value is created for customers.”

The urgency for responsible use of AI was echoed by leaders across the tech industry. “The people who will thrive will be the ones who work with AI responsibly,” stated the CEO of Salesforce UKI, reinforcing the importance of training and safe experimentation for employees.

As businesses navigate this technological revolution, the call for strategic, long-term planning is clear. Companies are urged to align their AI investments with people development to fully harness the potential of AI. “If we give them the training, sanctioned tools, and create safe opportunities for experimentation, that energy can become a real driver of transformation and growth,” Romane concluded.

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