What's Next With Data

The Big Themes

• Business and IT convergence: IT and business operations are increasingly converging. CEOs and executives are recognizing the critical role of technology in achieving strategic business objectives. Juergen is seeing more and more "fusion teams" where IT and business come together.
• Generative AI impact: Generative AI is a transformative technology with significant implications across industries. Businesses are exploring how generative AI can enhance operations, decision-making, and create entirely new opportunities. Business that are still on-prem may see the advent of Gen AI as a pressing reason to move onto the cloud.
• Data management and data access: Effective data management is necessary for leveraging generative AI and other advanced technologies. SAP's Datasphere is an answer for remote data access and federation.

The Big Quote: "No customer I'm aware of is successful with the central data lake. The efforts of bringing data together in their heterogeneous application landscape are just too big. And therefore, we firmly believe that data federation will be the prevailing method of accessing data."

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