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Five Minute Briefing - SAP
July 26, 2023

Published in conjunction with the Independent SAP Technical User Group (formerly the International Sybase User Group), this monthly publication contains news, market research, insight for the SAP user community, as well as ISUG-TECH news and information.

News Flashes

Cosmo Tech announced that its Supply Chain Vulnerability Scan is now available on the SAP Store, arming SAP Integrated Business Planning software with an AI-Simulation add-on to deliver supply chain resilience at all levels of planning to customers.

Fresenius SE & Co. KGaA, a global healthcare company, announced it has reached an important milestone in its IT transformation, successfully migrating its key SAP software systems to the cloud with the RISE with SAP offering. This strategic move lays the foundation for future innovation targets and enables Fresenius to improve scalability, enhance application security, and drive the digitalization of its global business processes, according to the company.

SAP announced it is making strategic direct investments in three leading generative AI companies, furthering its commitment to deliver Business AI that's relevant, reliable, and responsible. The investments in Aleph Alpha GmbH, Anthropic PBC, and Cohere reinforce SAP's open ecosystem approach to AI, leveraging the best technology to embed AI across the SAP portfolio, according to the company.

Vertex, Inc., a global provider of tax technology solutions, announced that its Vertex Indirect Tax Determination for SAP ERP and SAP S/4HANA is now an SAP Endorsed App for the North American region. As businesses grow and evolve on a global scale, so do their tax needs. Navigating the ever-changing tax landscape doesn't need to be complicated, according to the company.