Internal innovation drive: SNP launches innovation lab for artificial intelligence and the cloud
Heidelberg, August 1, 2023 – Heidelberg-based software and consulting company SNP Schneider-Neureither & Partner SE, a leading provider of software for digital transformations, automated data migrations and data management in the SAP environment, has launched an innovation lab for AI and the cloud. In the future, experts from various disciplines and SNP locations such as New Jersey, Buenos Aires and Heidelberg as well as the subsidiary Innoplexia will work together in the new lab. The unit “Innovation Lab AI & Cloud” is part of SNP’s development department. It enables the data specialist to combine valuable knowledge in the areas of AI and the cloud within its own organization and enhance its implementation expertise.
Lab pools company-wide expertise and paves the way for more software innovation through AI
After entering into a partnership with Snowflake, the move represents another logical step towards expanding SNP’s innovation leadership – an important pillar of its corporate strategy “Elevate.” The significant increase in customer value achieved by embracing AI and cloud technologies plays a key role here. As the first pilot of the innovation lab, SNP presented the next generation of system analysis at its in-house event Transformation World and received very positive feedback from both partners and customers.
“Technologies like the generative AI ChatGPT make the enormous transformational power of artificial intelligence comprehensible and tangible for everyone. AI is high on the innovation agenda of our customers, and for good reason,” says Gregor Stöckler, Chief Operating Officer (COO) of SNP. “By establishing the lab in-house, we are deliberately taking a different approach to many large companies in our industry, which increase their innovative strength through investments and acquisitions. We want to innovate sustainably and offer our customers and partners a good combination of both tried-and-tested and state-of-the-art technologies.”
SNP (ticker: SHF.DE) helps companies worldwide to unlock the full potential of their data and shape their own tailored journey towards a digital future.
SNP’s Data Excellence Platform CrystalBridge® and the BLUEFIELD™ approach have set a comprehensive industry standard for restructuring and modernizing SAP systems faster and more securely while harnessing data-driven innovations in the cloud.The company works with around 2,600 customers of all sizes and in all industries worldwide, including 21 of the DAX40 and 95 of the Fortune 500. The SNP Group has around 1,400 employees worldwide at over 40 locations in 15 countries. The company is headquartered in Heidelberg, Germany, and generated revenues of EUR 173.4 million in the 2022 fiscal year.
More information is available at www.snpgroup.com
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