Press Room SAP Hong Kong

SAP Delivers New Innovations to Build Future-Ready, Sustainable Workforces

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HONG KONG — At the SuccessConnect event held in Las Vegas, SAP SE (NYSE: SAP) announced new advancements to the foundation of the SAP SuccessFactors Human Experience Management (HXM) Suite to create a powerful way for organizations to execute an integrated talent development strategy and create a future-ready workforce.

Organizations thrive when their people are engaged in their careers, properly skilled, aligned to the right opportunities and have a sense of belonging. However, many organizations struggle to gain a holistic view of the skills that exist within their workforce or the ambitions of their people. The latest advancements to the SAP SuccessFactors HXM Suite bring together data, machine learning and artificial intelligence (AI) to provide organizations with a better understanding of the capabilities within their workforce and actionable talent intelligence to align their people with the needs of the organization.

The following advancements will be available in the second half of 2022:

Together with SAP SuccessFactors Opportunity Marketplace, these innovations deliver the intelligence and adaptability needed to help build workforces that are more skilled, agile and equitable. Growth portfolio and skills ontology provide talent intelligence to individualize recommendations within SAP SuccessFactors Opportunity Marketplace that are reflective of each person’s whole self, not just their skills. The introduction of dynamic teams cuts across traditional structures to support work based on skills rather than job descriptions – helping organizations build diverse teams that can drive better outcomes while accelerating career growth and personal development through hands-on experiences.

“Building on our heritage in talent management, we are reimagining how organizations manage and develop their people to meet the emerging demands of the future of work,” said Meg Bear, president and chief product officer, SAP SuccessFactors. “When people have the opportunity to work on what they’re passionate about, they are more engaged, perform at a higher level and push the organization to deliver outsized business results.”

“SAP has created a system for managing the organization of the future, today,” said Josh Bersin, global industry analyst. “The new architecture and capabilities in SAP SuccessFactors represent a quantum leap forward in delivering what organizations need to manage, grow and enable their people and teams.”

Integrating the talent intelligence and growth acceleration delivered by these new innovations with the critical HR applications of the SAP SuccessFactors HXM Suite provides a complete talent development system – purpose-built for organizations to help create future-ready, sustainable workforces.

Improve Belonging with Chosen Names and Personal Pronouns

For talent development to be sustainable and impactful, organizations need to foster a sense of belonging. Empowering people to bring their whole selves to work starts with identity. SAP SuccessFactors users can now indicate their chosen name and personal pronouns on their public profile – enabling them to own how they show up and be recognized as their true selves at work.

Chosen names and personal pronouns will be generally available for all SAP SuccessFactors customers in the fourth quarter of 2022. Skills ontology, growth portfolio and dynamic teams will be available as early adopter in the fourth quarter of 2022.

About SAP

As a market leader in enterprise software, SAP turns businesses into intelligent, sustainable enterprises. Our applications and services enable business and public customers across 25 industries globally to operate profitably and adapt continuously. With a global network of customers, partners, and employees, SAP helps the world run better and improve people’s lives. For more information, visit www.sap.com.

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ.  Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP’s 2021 Annual Report on Form 20-F.
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