SAP President Says Traditional Software Firms Will Thrive Alongside AI
SAP's global president has expressed confidence that established software companies will survive and grow despite the rapid rise of artificial intelligence. He described the recent market sell-off affecting traditional software firms as an overreaction. SAP is actively investing in AI and data innovations while also rethinking how it charges customers for its products. With AI token costs on the rise, the company anticipates potential challenges ahead and is shifting toward a consumption-based pricing model to adapt.
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