SAP Investors Will Seek Evidence of AI Benefits to Growth
Dow Jones
Yesterday
1016 GMT - SAP investors will look for details on artificial-intelligence adoption, pricing and monetization when the group reports third-quarter results on Oct. 21, Bank of America analysts write in a note to clients. The German business-software group made several AI announcements at its SAP Connect event on Tuesday and confirmed that key capabilities across its AI portfolio will begin rolling out later in October, analysts say. While innovation continues at a rapid pace, they say SAP investors will want poof of AI adoption from clients, realized productivity benefits and evidence that the technology can contribute meaningfully to incremental growth over time. SAP shares trade 1% lower at 186.62 euros.
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