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AI could be critical to help your business succeed

(Image credit: Image Credit: John Williams RUS / Shutterstock)

Virtually all business leaders view artificial intelligence (AI) as critical for their company’s survival over the next half of the decade. 

A new report by SAP SE, based on a poll of 2,500 C-level execs, found that nine in ten agreed AI was set to play a pivotal role in their business. Six in ten have said that they’re either implementing, or planning to set up AI within a year. A third are looking to invest between half a million, and $5 million, into AI, also within a year.

SAP has taken this opportunity to emphasise that its S/4HANA cloud ERP offering has AI-powered automation.

“We want to automate half of all ERP business processes within the next three years using AI-powered functionality,” said Bernd Leukert, member of the Executive Board of SAP SE, Products & Innovation.

“SAP S/4HANA Cloud is the only product in the ERP market to give companies the breadth and depth of intelligence they need to leapfrog their competitors to stay on top of their game.”

When it comes to building AI-related jobs, the UK seems to be the top location.

According to a report by Indeed, there has been a threefold increase in the demand for AI jobs in the UK. The two most sought after positions by employers were data scientists and machine learning engineers as they play a critical role in teaching machines to use and interpret data.

Image Credit: John Williams RUS / Shutterstock

Sead Fadilpašić is a freelance tech writer and journalist with more than 17 years experience writing technology-focussed news, blogs, whitepapers, reviews, and ebooks. And his work has featured in online media outlets from all over the world, including Al Jazeera Balkans (where he was a Multimedia Journalist), Crypto News, TechRadar Pro, and IT Pro Portal, where he has written news and features for over five years. Sead's experience also includes writing for inbound marketing, where he creates technology-based content for clients from London to Singapore. Sead is a HubSpot-certified content creator.