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SAP NOW Brazil 2024 brought unneurotic starring companies and innovators to item however generative AI tin thrust concern transformation.
At SAP NOW Brazil 2024, SAP organized its first-ever Innovation Tournament successful the country, aiming to beforehand AI-driven solutions to real-world concern challenges. The event featured 4 large Brazilian companies—Vale, Embraer, Natura, and Randoncorp—each tasked with processing and prototyping AI-based solutions wrong a two-day competition. The companies worked with guidance from SAP experts and section startups, utilizing SAP’s Business Technology Platform (BTP) and SAP Build, a low-code improvement solution, to code circumstantial challenges wrong their operations. (InsideSAP often references articles from websites successful different languages to bring you arsenic overmuch accusation arsenic possible.)
The format, likened to a “reverse Shark Tank,” pushed participants to not lone place pressing concern issues but besides plan AI-powered solutions that could bring contiguous improvements. Vale emerged arsenic the winner, with a solution focused connected integrating attraction power with the automatic reuse of leftover materials. This inaugural aligned with their extremity of reducing discarded and promoting sustainable practices. As the winning company, Vale volition present correspond Brazil successful the South American signifier of the competition, scheduled to beryllium held virtually successful precocious October 2024.
Highlighting Innovation astatine SAP NOW Brazil 2024
In the competition’s last round, Vale and Embraer presented their projects to a sheet of manufacture experts, each of whom had beardown ties to the startup ecosystem. Vale’s solution, focused connected enhancing ratio and sustainability, resonated good with the judges. Embraer, the runner-up, presented a mobile level leveraging Artificial Intelligence and Machine Learning to streamline prime management. Their solution aimed to trim operational costs portion improving information reliability, allowing for quicker responses to prime issues wrong the company.
Two different participating companies besides showcased their innovative AI solutions. Natura, a person successful sustainable beauty, introduced a task that empowered its Beauty Consultants by optimizing their bid processes. This AI-driven solution was designed to align with Natura’s broader sustainability goals, promoting affirmative societal and biology impacts crossed its proviso chain. Randoncorp, meanwhile, focused connected improving prime power processes utilizing AI-powered ocular inspection, which could importantly heighten the accuracy and velocity of accumulation monitoring.
The Role of AI successful Latin America’s Business Future
According to Matheus Souza, SAP Latin America’s Chief Innovation Officer, the emergence of AI solutions is not conscionable an accidental but a necessity for businesses successful Brazil and crossed Latin America. With much than 26,000 customers worldwide already integrating AI into SAP solutions, the absorption for SAP is to alteration customers and partners to make their ain AI usage cases. The Innovation Tournament serves arsenic a level to show however AI tin beryllium tailored to code industry-specific challenges, helping companies future-proof their operations successful an progressively competitory landscape.
Souza emphasized that arsenic AI becomes much embedded successful SAP’s portfolio, businesses that tin accommodate and make innovative solutions volition summation a competitory edge. The lawsuit besides highlighted SAP’s committedness to fostering an innovation-friendly situation wherever businesses tin research caller AI applications that spell beyond accepted processes, empowering them to rethink their operations and stay agile successful a fast-changing market.
The Innovation Tournament astatine SAP NOW Brazil exemplifies however AI is being positioned arsenic a captious instrumentality for solving analyzable concern problems. SAP’s efforts to enactment companies successful applying AI efficaciously item the increasing value of technological adoption successful Brazil’s firm landscape. Through events similar this, SAP besides continues to nurture a civilization of innovation that extends beyond its existing solutions, offering businesses the tools they request to make and instrumentality AI-driven strategies that are tailored to their circumstantial needs.
