From quantum and blockchain technologies to crypto-finance and beyond, SAP is constantly exploring new ideas, business models and digital technologies. In this article, we look at the latest trends in the world of technology that are changing the way businesses operate and are moving towards a more digital future. By understanding these evolving innovations and integrating them into your organization’s strategy, you can create a competitive advantage and deliver exceptional customer experiences. Discover some of our key industry leaders who have developed innovative capabilities or used advanced technologies like artificial intelligence (AI) to help transform their industries.

Blockchain

Blockchain technology is rapidly gaining ground in many industries, from e-commerce to supply chain management. One of the major use cases for blockchain platforms, such as Microsoft Azure’s Cosmos ecosystem, is finance, where they provide secure services using public ledgers independent of any central authority. For example, banks can now issue cryptocurrency loans without compromising security or regulatory compliance, creating a level playing field between traditional lenders and cryptocurrency investors. This enables greater transparency and accountability in financial transactions, while supporting decentralized economies and improving trust in institutions. As a result, there are now over 2 million cryptocurrencies available to buy and own, with an estimated market cap of $1.2 trillion (as of March 2023).

Artificial Intelligence and Machine Learning

Artificial intelligence (AI) is increasingly becoming an essential tool for organizations looking to increase efficiency and improve decision-making. While it may seem like just another buzzword, AI is actually an evolving subset of computer science that attempts to mimic human intelligence by analyzing large amounts of data, identifying patterns, and generating insights from that analysis. Using machine learning algorithms, artificial intelligence can be trained to recognize complex patterns and make decisions based on these inputs. These technologies allow companies to automate processes that were previously performed manually, freeing up employees to focus on higher-value activities. Using artificial intelligence, companies can identify problems before they become costly, allowing them to respond quickly and efficiently in the event of an emergency.

SAP Technology Cloud

SAP Technology Cloud offers a complete suite of cloud solutions designed to support innovative ways of working, increase speed, reduce costs, improve collaboration and better manage time. It enables customers to take a hybrid approach to application development through an integrated SaaS stack, helping them manage workloads across disparate clouds while maintaining low latency and high performance. Through partnership with OpenText and CERN, the company uses state-of-the-art tools and practices to drive research and innovation, accelerating results for users around the world.

Quantum Technologies

Quantum computing has gained traction in recent years, bringing unprecedented speed and power to areas such as weather forecasting, drug discovery and genome editing. Quantum computers are particularly useful for scientific research, providing an unprecedented ability to analyze massive amounts of data and perform calculations in minutes rather than hours or days. Other uses include designing nuclear reactors, simulating material properties, and studying black holes