SAP SE

Global Compliance Management Software Market Set to Grow at 11.2% CAGR, Fueled by Rising Regulatory Compliance Demands

Retrieved on: 
Thursday, September 7, 2023

DUBLIN, Sept. 7, 2023 /PRNewswire/ -- The "Global Compliance Management Software Market 2023-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Sept. 7, 2023 /PRNewswire/ -- The "Global Compliance Management Software Market 2023-2030" report has been added to ResearchAndMarkets.com's offering.
  • The global compliance management software market is poised for substantial growth, with a projected Compound Annual Growth Rate (CAGR) of 11.2% during the forecast period.
  • Key Factors Driving Market Growth:
    Increasing Regulatory Compliance Requirements: Evolving regulations across industries necessitate robust compliance management systems to avoid legal and financial penalties.
  • The global compliance management software market is segmented based on deployment, software type, and vertical.

SAP to Acquire LeanIX, Delivering Customers a Comprehensive Solution Suite for Continuous Business Transformation and a Foundation for AI-Enabled Process Optimization

Retrieved on: 
Thursday, September 7, 2023

The planned acquisition helps SAP expand its business transformation portfolio, giving customers access to the full suite of tools required for continuous business transformation and facilitating AI-enabled process optimization.

Key Points: 
  • The planned acquisition helps SAP expand its business transformation portfolio, giving customers access to the full suite of tools required for continuous business transformation and facilitating AI-enabled process optimization.
  • With the intended acquisition, SAP is extending its comprehensive transformation suite to help customers navigate change more easily and permanently improve their business processes.
  • "Together with LeanIX, we want to offer a first-of-its-kind transformation suite to provide holistic support to our customers on their business transformation journeys.
  • LeanIX's IT landscape transformation capabilities – together with SAP Signavio Process Transformation Suite, RISE with SAP, and SAP Business Technology Platform – will enable SAP customers to create a culture of continuous adaptability and improvement.

Smart Factory Market to increase by USD 73.68 billion from 2022 to 2027, Need for simplification of complex manufacturing activities to drive the growth- Technavio

Retrieved on: 
Thursday, September 7, 2023

NEW YORK, Sept. 7, 2023 /PRNewswire/ -- The smart factory market size is expected to grow by USD 73.68 billion from 2022 to 2027.

Key Points: 
  • NEW YORK, Sept. 7, 2023 /PRNewswire/ -- The smart factory market size is expected to grow by USD 73.68 billion from 2022 to 2027.
  • The need for simplification of complex manufacturing activities is notably driving the growth of the global smart factory market.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • The emergence of the Industrial Internet of Things (IIoT) is an emerging trend in the global smart factory market.

Rising Adoption of BYOD Policies Boosts Demand for Mobile Threat Defense Solutions: Insights into the Global Market

Retrieved on: 
Wednesday, September 6, 2023

This report provides insights into the global mobile threat defense market, covering various aspects including market size, forecast, verticals, and competitive landscape.

Key Points: 
  • This report provides insights into the global mobile threat defense market, covering various aspects including market size, forecast, verticals, and competitive landscape.
  • The IT & telecom sector holds the largest share in the Mobile Threat Defense market due to the need to secure devices storing sensitive data, passwords, and information.
  • The adoption of Enterprise Mobility Management (EMM) and Mobile Threat Management (MTM) drives market growth.
  • The study covers various aspects of the mobile threat defense market:
    Several prominent companies are profiled in the report, including:

FREYR Battery Welcomes SAP to Energy Transition Acceleration Coalition

Retrieved on: 
Tuesday, September 5, 2023

FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has announced that SAP SE (FSE: SAP; “SAP”), one of the world’s leading producers of software for the management of businesses processes, has joined FREYR’s Energy Transition Acceleration Coalition (“ETAC”).

Key Points: 
  • FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has announced that SAP SE (FSE: SAP; “SAP”), one of the world’s leading producers of software for the management of businesses processes, has joined FREYR’s Energy Transition Acceleration Coalition (“ETAC”).
  • “We are delighted to welcome SAP, one of the world’s premier software companies, into the ETAC on behalf of our other partners.
  • “We are honoured to be part of the ETAC and to support FREYR in developing decarbonized solutions through clean batteries.
  • The collective challenge faced by all stakeholders within the battery value chain is the scaling of the battery business.

User Provisioning Market to grow by USD 2.3884 billion from 2022 to 2027 | Growing demand for mobile user provisioning software boosts the market growth - Technavio

Retrieved on: 
Tuesday, September 5, 2023

The growth of the market will be driven by the growing demand for mobile user provisioning software, rising demand for large-scale user provisioning, and increasing digitalization in user provisioning.

Key Points: 
  • The growth of the market will be driven by the growing demand for mobile user provisioning software, rising demand for large-scale user provisioning, and increasing digitalization in user provisioning.
  • Get a holistic overview of the global user provisioning market from industry experts to evaluate and develop growth strategies.
  • To get detailed insights about inclusions and exclusions, buy the report
    The increasing demand for mobile user provisioning software drives the market growth during the forecast period.
  • There is an increasing demand for advanced feature-rich customization across several organizations due to the growing penetration of user provisioning software.

Innovation Management Market to grow by USD 774.63 million from 2022 to 2027 | North America to contribute 41% of the market growth - Technavio

Retrieved on: 
Saturday, September 2, 2023

Consequently, these advantages are expected to contribute to the growth of the region's market during the forecast period.

Key Points: 
  • Consequently, these advantages are expected to contribute to the growth of the region's market during the forecast period.
  • The innovation management market is poised for growth due to the surge in construction and infrastructure activities across residential and non-residential sectors.
  • These factors collectively contribute to the anticipated growth of the global innovation management market during the forecast period.
  • - View Sample Report
    The innovation management market is fragmented; the vendors are competing with competitors and are trying to get greater market share.

SAP Announces Walter Sun as New Global Head of Artificial Intelligence

Retrieved on: 
Friday, September 1, 2023

WALLDORF, Germany, Sept. 1, 2023 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced the appointment of Walter Sun as Global Head of Artificial Intelligence.

Key Points: 
  • WALLDORF, Germany, Sept. 1, 2023 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced the appointment of Walter Sun as Global Head of Artificial Intelligence.
  • Sun joins SAP on September 1 from his current role as vice president of Copilot Applied Artificial Intelligence for business applications at Microsoft.
  • "We are thrilled to welcome Walter Sun, a leader in enterprise AI with a long history of developing and deploying cutting-edge technology to solve key business problems, to SAP," said Thomas Saueressig, Member of the Executive Board of SAP SE for SAP Product Engineering.
  • "As SAP builds on its pole position in Business AI, Walter Sun is the perfect person to ensure we continue innovating to help our customers solve their most pressing problems."

AI Governance Market to grow by USD 520.771 million from 2022 to 2027 | The increasing adoption of AI technologies drives market growth - Technavio

Retrieved on: 
Thursday, August 31, 2023

The increasing adoption of AI technologies across industries is a key factor driving market growth.

Key Points: 
  • The increasing adoption of AI technologies across industries is a key factor driving market growth.
  • Some of the global AI governance techniques adopted in enterprises include ethical AI frameworks and algorithmic audits.
  • AI audibility and algorithmic accountability are among the emerging themes in the global AI governance market.
  • The lack of universally accepted standards and frameworks for AI governance is a significant challenge restricting market growth.

Graph Database Market worth $7.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, August 30, 2023

Based on the offering, the Graph Database Market is segmented into solutions and services.

Key Points: 
  • Based on the offering, the Graph Database Market is segmented into solutions and services.
  • Graph database services encompass a range of offerings designed to support the implementation, management, and optimization of graph databases for various applications.
  • Opportunities for smaller graph database vendors to introduce graph database solutions for numerous sectors have also increased.
  • To analyze the impact of recession across all the regions across the Graph Database Market.