In order to boost talent data intelligence, SAP SE has acquired intellectual property of SwoopTalent. The leading software company SwoopTalent has developed an AI-powered platform that combines, analyzes and trains data from disparate HR systems and workflows.
- Embedding SwoopTalents data and machine learning technology across SAP SuccessFactors solutions will further SAPs vision of human experience management (HXM), which prioritizes individualized employee experiences and dynamic opportunities that boost engagement, improve organizational agility and ultimately fuel business transformation.
- SAP plans to use SwoopTalents technology to strengthen its AI capabilities and provide customers with a holistic and continuously updated view of their people from skills and capabilities to interests and learning preferences so they can match employees to internal jobs, projects, learning courses, mentors and more.
The prominent deals and expansions by SAP are mentioned below:
June 2021: To enhance business outcomes, SAP SE announced to create new business communities. The company unveiled its first step toward creating the world’s largest business network with SAP Business Network, which will bring together Ariba Network, SAP Logistics Business Network and SAP Asset Intelligence Network.
Jan 2021: To expand business process intelligence, SAP SE signed an agreement to acquire Berlin based company Signavio. The combination of business process intelligence from SAP and Signavio creates a leading end-to-end business process transformation suite. Signavio has helped optimize over two million processes across the globe.
Oct 2020: The leading consulting and business processing service provider Wipro Limited signed an agreement with ERP software provider SAP SE to deliver SAP Enable Now. After this collaboration, Wipro can offer its clients tailor-made industry and line-of-business-specific learning tutorials and training assets delivered by SAP.
July 2020: The leading energy supplier E.ON in partnership with SAP SE to build a new process and technology platform based on the SAP S/4HANA Utilities solution. The new technology platform will be built for E.ON’s network operations.
May 2020: SAP.iO Fund, an investment arm of SAP SE, has announced an investment in second round funding of Andjaro, a Paris-based company that provides real-time workforce optimization and helps manage and staff remote workers.
May 2020: The leading cloud communications provider Sinch AB had signed an agreement with SAP SE to acquire the SAP Digital Interconnect group for approximately $242 million. SAPs interconnect services group provides cloud-based communications products and serves to more than 1,500 enterprise customers throughout the world.
March 2020, SAP SE and Accenture launched a co-developed solution for upstream oil and gas companies based on SAP S/4HANA Cloud. Using intelligent technologies such as artificial intelligence (AI), the SAP S/4HANA Cloud solution for upstream oil and gas helps customers to further increase visibility into operations and cash flow.
About SAP SE
SAP, headquartered in Walldorf, Baden-Württemberg, Germany, is a leading enterprise resource planning (ERP) software provider. SAP helps approximately 440,000 customers worldwide work together more efficiently and uses business insight more effectively. The company has nearly 100,000 employees in around 140 countries. SAP stands for Systems, Applications, and Products in Data Processing which was founded in 1972. The company is market leader in enterprise application software, database, analytics, intelligent technologies, and experience management.