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- June 5, 2024
June 5, 2024
Welcome to another week!
Headlines & Trends
AI Copilot comes to SAP. SAP has announced the integration of advanced Business AI across its enterprise cloud portfolio, including partnerships with Google Cloud, Meta, Microsoft, and Nvidia. These innovations, unveiled at SAP's Sapphire 2024 event, aim to enhance decision-making and automation in various business functions. SAP's AI copilot, Joule, will expand across multiple SAP solutions, offering deeper insights and operational efficiencies.
Amazon is leveraging its robust AWS platform amid economic uncertainty, significantly driven by its expanding customer base and advancements in generative AI capabilities. SAP is partnering with Amazon to help grow and support its AI push.
Cool Articles
Veerakumar Natarajan, Zoho’s Country Manager for East Africa, highlights the importance of understanding local customer requirements and adapting SaaS solutions accordingly. Zoho’s approach includes providing locally priced products and supporting local payment gateways, which has been a game-changer in their expansion strategy
Zoho is investing in rural development by supporting manufacturing startups Karuvi and Yali Aerospace in India. Karuvi, a mechatronics company, produces locally sourced tools and plans to expand its product range and manufacturing facilities. Yali Aerospace focuses on delivering emergency medical supplies using innovative aerospace technology.
Industry Movement
The acquisition of Best Software by Sage Group is a strategic move to enhance Sage's position in the U.S. market. This deal will add a range of HR, payroll, fixed asset, and analytic solutions to Sage's existing accounting and business management software offerings. The combined entity will serve over 2.1 million business customers globally.
Thought Pieces
A slightly older article, but provides a decent overview on what an ERP really is, how to think about one, and what companies should generally look for when looking at ERPs.
Not directly ERP related - but an interesting read. The fundamental question - how do you continue innovating, especially in legacy industries - is addressed by Netflix’s Co-Chief Executive. A very cool piece.
Alex’s Note
Thanks again for your continued readership! I’ll be attending several manufacturing meetups in San Francisco this month including Schematic’s re:Supply event. Let me know if you’re in the area!
If you have any comments or feedback, just respond to this email! Thanks for reading,
-Alex