SAP puts about 80% of its product-development resources into AI, Handelsblatt reported. The paper says it has brought little revenue so far.
The share covers product development, not SAP's total spending.
It goes into systems such as the AI assistant Joule and the technology behind them, the German business paper reported on 22 October.
CEO Christian Klein told Handelsblatt that some functions are still being built and are not yet live. The paper says he holds out the prospect of more transparency.
The interview ran a day after SAP reported third-quarter revenue of €10.3 billion, a result Jefferies analyst Charles Brennan called undeniably strong. In the results release, Klein said customers are investing "from the cloud and data foundation to our Business AI." The release does not give AI revenue on its own.
Our reading: the 80% shows where SAP puts its development effort. It does not tell a customer which of those functions are live today.
Sources
Our file on SAP
- 24 Oct
SAP now lets AI agents sort sales leads and handle service cases. Only select customers can switch them on so far.
- 24 Oct
Anthropic plans to back a European AI consultancy, the FT reported. Its engineers would sit inside clients, where SAP consultants bill days.
- 24 Oct
SAP deadlines and VMware squeeze IT budgets, CIO.com reported. A survey put vendor-pushed upgrades at about 28% of big firms' software budgets.
- 22 Oct
SAP's user group chief says AI costs are stacked on prices that are not falling. He doubts that can last.
- 22 Oct
SAP topped €10 billion in quarterly sales for the first time. Its finance chief called the next quarter critical.
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